Quatt Heat Pump Reservation Agreement

1. Quatt Heat Pump Reservation

Thank you for your Quatt Heat Pump Reservation. By making your Reservation, you have secured the approximate priority within your region for taking delivery of your Quatt Heat Pump.

2. Effective Date

Your Reservation becomes effective after (1) you made your Reservation and (2) we received your Reservation Payment.

3. Order Process

While this Reservation secures the approximate delivery priority within your region, it does not hold the purchase or order of a heat pump. When the start of production for your Reservation nears, we will contact you, and ask you to provide information regarding your home to prepare installation of your Quatt Heat Pump. Quatt will then create an official order for your heat pump and you will receive a Purchase Agreement that includes the purchase price of the heat pump including all chosen accessories and services, plus estimates of any applicable taxes, duties, transport and delivery charges, and any other applicable fees. If you choose to proceed with the order, we will subtract the amount of your Reservation Payment from the order payment. Until you enter into a Purchase Agreement, your Reservation may be cancelled at any time, in which case you will receive a full refund of your Reservation Payment.

4. Acknowledgements; Non-Transferable

You are aware that we will not hold your Reservation Payment separately or in an escrow or trust fund or pay any interest on your Reservation Payment. Your Reservation is not transferable or assignable to another party without the prior written approval of Quatt.

5. Your Details

We may ask you from time to time to provide information so that we can perform our obligations under these terms and conditions. We will maintain your personal information in accordance with our Privacy Policy, which can be found on quatt.io.

6. Obligations

You are aware that this Reservation Agreement does not impose any obligation on us, of a sale of and/or delivery of any goods, services or otherwise to you. Until you entered the Purchase Agreement for the purchase of a Quatt Heat Pump, we retain the right to cancel your Reservation at any time for any reason (and without mentioning such reason), such as, but not limited to, an embargo, warfare, political instability or not reaching a critical number of Reservations in a certain area. After cancellation of the Reservation, we will refund the Reservation Payment.