1. The molds and tooling are the property of the Seller. It is permissible to transfer to the Buyer the ownership of molds or tooling used in the production of packaging by the Seller, after the Buyer has paid in full the amount due for the molds or tooling, excluding inserts and plates, which are the Seller's property and are not subject to sale.
  2. Molds for which payment has not been made in full shall remain the property of the Seller.
  3. Terms of payment for the molds shall be determined by the Parties from time to time.