TERMS AND CONDITIONS

Effective Date: March 1, 2015

Welcome to theonlycolours website, located at www.onlycolours.com (the “website”), and maintained by M T ART REPRODUCTIONS LTD. Our services and products are provided subject to the following terms and conditions. By using the website, you agree to be bound by these terms and conditions. Please read them carefully. We reserve the right to add, delete and/or modify any of theseTerms of Use, at any time and in our sole discretion, therefore, youshould review our policies, terms, and conditions each time you visit the website. If any modificationis unacceptable to you, your only recourse is to not use the Website and our services. Your continued use of the Website following posting of a change notice, or new Terms of Use,will constitute binding acceptance of the changes.

Use of the Website

Eligibility:

Our website and servicesare providedto parties that can lawfully enter into and form contracts under applicable law. The use of this website is not intended for individuals under the age of 18.

Compliance with Terms of Use and Applicable Law:

You must comply with all of the terms and conditions of theseterms of Use, the applicable agreements and policies referred to below, and all applicable laws, regulations and rules when you use the Website and our services.

Your License to Use the Website and our services:

(a) M T ART REPRODUCTIONS LTD solely and exclusively owns all intellectual property and other rights, title and interest in and to the Website and services. For example and without limitation, M T ART REPRODUCTIONS LTD owns the copyrights in and to the Website, and certain technology used in providing our services. You will not acquire any right, title or interest therein under theseTerms of Use or otherwise to any intellectual property owned by M T ART REPRODUCTIONS LTD.

(b) M T ART REPRODUCTIONS LTDgrants you a limited revocable license to access and use the Website for its intended purposes, subject to your compliance with theseTerms of Use. This license does not include the right to collect or use information contained on the Website for purposes prohibited by M T ART REPRODUCTIONS LTD; to compete with M T ART REPRODUCTIONS LTD; to create derivative works based on the content of the Website; or download or copy the Website (other than page caching). If you use the Website in a manner that exceeds the scope of this license or you breach theseTerms of Use, M T ART REPRODUCTIONS LTDmay revoke the license granted to you.

Third-Party Services:

M T ART REPRODUCTIONS LTDmay use third parties to provide certain services accessible through the Website. M T ART REPRODUCTIONS LTDdoes not control those third parties or their services, and you agree that M T ART REPRODUCTIONS LTDwill not be liable to you in any way for your use of such services. These third parties may have their own terms of use and other policies. You must comply with such terms and policies as well as theseTerms of Use when you use those services. If any such terms or policies conflict with M T ART REPRODUCTIONS LTDTerms of Use, agreements or policies, you must comply with M T ART REPRODUCTIONS LTDTerms of Use, agreements or policies, as applicable.

General Rules

Prohibited Use:

You may only use the website and services as expressly permitted by M T ART REPRODUCTIONS LTD. You may not cause harm to the Website or the M T ART REPRODUCTIONS LTDService. Specifically, but not by way of limitation, you may not: (i) interfere with the website by using viruses or any other programs or technology designed to disrupt or damage any software or hardware; (ii) modify, create derivative works from, reverse engineer, decompile or disassemble any technology used to provide the website; (iii) use a robot, spider or other device or process to monitor the activity on or copy pages from the Website, except in the operation or use of an internet "search engine", hit counters or similar technology; (iv) collect electronic mail addresses or other information from third parties by using the website; (v) impersonate another person or entity; (vi) use any meta tags, search terms, key terms, or the like that contain M T ART REPRODUCTIONS LTD name or trademarks; (vii) engage in any activity that interferes with another user's ability to use or enjoy the website; or (viii) assist or encourage any third party in engaging in any activity prohibited by theseTerms of Use.

Privacy Policy:

By entering into theseTerms of Use, you agree to collection, use and disclosure of your personal information in accordance with the Privacy Policy.

Ordering Policies:

If you purchase Products, you agree to do so in accordance with instructions provided on the Website. Title to the Products you purchase passes to you when the Products are delivered to the common carrier.

Reservation of Rights

Monitoring:

M T ART REPRODUCTIONS LTDreserves the right, but does not assume the obligation, to monitor transactions and communications that occur through the Website. If M T ART REPRODUCTIONS LTDdetermines, in its sole and absolute discretion, that you or another website user will breach a term or condition of theseTerms of Use or that such transaction or communication is inappropriate, M T ART REPRODUCTIONS LTDmay cancel such transaction or take any other action to restrict access to or the availability of any material that may be considered objectionable, without any liability to you or any third party.

Modification of the Service:

M T ART REPRODUCTIONS LTDreserves the right to modify the organization, structure or "look and feel" of the Website, and may change, suspend, or discontinue any aspect of the services at any time without any liability to you or any third party. M T ART REPRODUCTIONS LTDshall have complete discretion over the features, functions, prices and other terms and conditions on which the website offers to its users.

Submissions

When you submit questions, comments, suggestions, ideas, message board postings, material submitted via web forms, contest entries, communications or any other information ("Submissions"), you grant M T ART REPRODUCTIONS LTD permission to use such Submissions for marketing and other promotional purposes, including the right to sublicense. You agree that M T ART REPRODUCTIONS LTDwill have no obligation to keep any Submissions confidential. You will not bring a claim against M T ART REPRODUCTIONS LTDbased on "moral rights" or the likes arising from M T ART REPRODUCTIONS LTDuse of a Submission.

Representations and Warranties

Mutual Representations and Warranties:

You represent and warrant to M T ART REPRODUCTIONS LTDand M T ART REPRODUCTIONS LTDrepresents and warrants to you: (i) that you or it has the full power and authority to enter into and perform under theseTerms of Use, (ii) the execution and performance of your or its obligations under theseTerms of Use does not constitute a breach of or conflict with any other agreement or arrangement by which you or it is bound, and (iii) theseTerms of Use is a legal, valid and binding obligation of the party entering into theseTerms of Use, enforceable in accordance with its terms and conditions.

By You:

You represent and warrant to M T ART REPRODUCTIONS LTDthat, in your use of the website, you will comply with all applicable laws, rules, and regulations.

Limitation of Liability

LIMITATION OF LIABILITY:

M T ART REPRODUCTIONS LTDWILL NOT BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, PUNITIVE OR SPECIAL DAMAGES (INCLUDING DAMAGES RELATING TO LOST PROFITS, LOST DATA OR LOSS OF GOODWILL) ARISING OUT OF, RELATING TO OR CONNECTED WITH THE USE OF THE WEBSITE OR THESETERMS OF USE, BASED ON ANY CAUSE OF ACTION, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. EXCEPT FOR A BREACH OF A PARTY'S REPRESENTATIONS AND WARRANTIES UNDER THESETERMS OF USE OR IN CONNECTION WITH YOUR INDEMNITY OBLIGATIONS UNDER THESETERMS OF USE, IN NO EVENT WILL THE LIABILITY OF EITHER PARTY IN CONNECTION WITH THIS TERMS OF USE EXCEED THE GREATER OF (i) THE AMOUNT PAID BY CANVAS ON DEMAND TO YOU DURING THE SIX MONTHS IMMEDIATELY PRECEDING THE EVENT THAT GIVES RISE TO SUCH LIABILITY OR 50 euro.

Indemnification

You must indemnify and hold M T ART REPRODUCTIONS LTDand its employees, representatives, agents, affiliates, directors, officers, managers and shareholders (the "Parties") harmless from any damage, loss, or expense (including without limitation, attorneys' fees and costs) incurred in connection with any third-party claim, demand or action ("Claim") brought against any of the Parties alleging that you have breached any provision of theseTerms of Use through any act or omission. If you have to indemnify M T ART REPRODUCTIONS LTDunder this Section, M T ART REPRODUCTIONS LTDwill have the right to control the defense, settlement, and resolution of any Claim at your sole expense. You may not settle or otherwise resolve any Claim without M T ART REPRODUCTIONS LTDexpress written permission.

Termination

Termination:

In its sole discretion, with or without notice to you, M T ART REPRODUCTIONS LTD may: (i) suspend, limit your access to or terminate your use of the Website and/or services, (ii) suspend, limit your access to or terminate your account, (iii) remove any of your content from M T ART REPRODUCTIONS LTDservers and directories and (iv) prohibit you from using the website and/or services.

Survival:

TheseTerms of Use will survive indefinitely unless and until M T ART REPRODUCTIONS LTDchooses to terminate theseTerms of Use.

Effect of Termination:

If you or M T ART REPRODUCTIONS LTDterminates your use of the Website, M T ART REPRODUCTIONS LTDmay delete any content or other materials relating to your use of the website on M T ART REPRODUCTIONS LTD servers or otherwise in its possession and M T ART REPRODUCTIONS LTDwill have no liability to you or any third party for doing so.

Notice

All notices required or permitted to be given under these TERMS OF USE will be in writing and delivered to the other party by any of the following methods: (i) CY mail, (ii) overnight courier, or (iii) electronic mail. If you give notice to M T ART REPRODUCTIONS LTD, you must use the following addresses: 48 Kallitheas, 2115 Aglantjia Nicosia, Cyprus or e-mail [email protected] If M T ART REPRODUCTIONS LTDprovides notice to you, M T ART REPRODUCTIONS LTDwill use the contact information provided by you to M T ART REPRODUCTIONS LTD. All notices will be deemed received as follows: (i) if by delivery by mail, seven (7) business days after dispatch, (ii) if by overnight courier, on the date receipt is confirmed by such courier service, or (iii) if by electronic mail, 48 hours after the message was sent, if no "system error" or other notice of non-delivery is generated. If applicable law requires that a given communication be "in writing," you agree that email communication will satisfy this requirement.

Dispute Resolution:

All disputes arising out of, relating to or connected with these Terms of Use, or your use of any part of M T ART REPRODUCTIONS LTD services will be exclusively resolved under confidential binding arbitration held in Cyprus, before and in accordance with the Rules of the Cyprus Courts of Law. The court’s award will be binding and may be entered as a judgment in any higher court of competent jurisdiction.

Miscellaneous

These Terms of Use will be binding upon each party hereto and its successors and permitted assigns, and governed by and construed in accordance with the laws of the Republic of Cyprus without reference to conflict of law principles. TheseTerms of use is not assignable or transferable by you without the prior written consent of M T ART REPRODUCTIONS LTD. TheseTerms of Use (including all of the policies and other Agreements described in theseTerms of Use, which are incorporated herein by this reference) contain the entire understanding of the parties regarding its subject matter, and supersedes all prior and contemporaneous agreements and understandings between the parties regarding its subject matter. No failure or delay by a party in exercising any right, power or privilege under theseTerms of Use will operate as a waiver thereof, nor will any single or partial exercise of any right, power or privilege preclude any other or further exercise thereof or the exercise of any other such right, power, or privilege. You and M T ART REPRODUCTIONS LTD are independent contractors, and no agency, partnership, joint venture, or employee-employer relationship is intended or created by theseTerms of Use. The invalidity or unenforceability of any provision of these Terms of Use will not affect the validity or enforceability of any other provision of theseTerms of Use, all of which will remain in full force and effect.