| 1. Terms and Conditions of
Sale:
All descriptions, quotations, proposals, offers,
acknowledgments, acceptances and sales of Seller's
products are subject to and shall be governed
exclusively by the terms and conditions stated
herein. Buyer's acceptance of any offer to
sell is limited to these terms and conditions.
Any terms or conditions in addition to, or
inconsistent with those stated herein, proposed
by Buyer in any acceptance of an offer by Seller,
are hereby objected to. No such additional,
different or inconsistent terms and conditions
shall become part of the contract between Buyer
and Seller unless expressly accepted in writing
by Seller. Seller's acceptance of any offer
to purchase by Buyer is expressly conditional
upon Buyer's assent to all the terms and conditions
stated herein, including any terms in addition
to, or inconsistent with those contained in
Buyer's offer. Acceptance of Seller's products
shall in all events constitute such assent.
2. Payment: Payment shall be made by Buyer
net 30 days from the date of delivery of
the items purchased hereunder. Amounts not
timely paid shall bear interest at the maximum
rate permitted by law for each month or portion
thereof that Buyer is late in making payment.
Any claims by Buyer for omissions or shortages
in a shipment shall be waived unless Seller
receives notice thereof within 30 days after
Buyer's receipt of the shipment.
3. Delivery: Unless otherwise provided on
the face hereof, delivery shall be made F.O.B.
Seller's plant. Regardless of the method
of delivery, however, risk of loss shall
pass to Buyer upon Seller's delivery to a
carrier. Any delivery dates shown are approximate
only and Seller shall have no liability for
any delays in delivery.
4. Warranty: Seller warrants that the items
sold hereunder shall be free from defects
in material or workmanship for a period of
18 months from date of shipment from the
Company. THIS WARRANTY COMPRISES THE SOLE
AND ENTIRE WARRANTY PERTAINING TO ITEMS PROVIDED
HEREUNDER. SELLER MAKES NO OTHER WARRANTY,
GUARANTEE, OR REPRESENTATION OF ANY KIND
WHATSOEVER. ALL OTHER WARRANTIES, INCLUDING
BUT NOT LIMITED TO, MERCHANTABILITY AND FITNESS
FOR PURPOSE, WHETHER EXPRESS, IMPLIED, OR
ARISING BY OPERATION OF LAW, TRADE USAGE,
OR COURSE OF DEALING ARE HEREBY DISCLAIMED.
NOTWITHSTANDING THE FOREGOING, THERE ARE
NO WARRANTIES WHATSOEVER ON ITEMS BUILT OR
ACQUIRED WHOLLY OR PARTIALLY, TO BUYER'S
DESIGNS OR SPECIFICATIONS.
5. Limitation of Remedy: SELLER'S LIABILITY
ARISING FROM OR IN ANY WAY CONNECTED WITH
THE ITEMS SOLD OR THIS CONTRACT SHALL BE
LIMITED EXCLUSIVELY TO REPAIR OR REPLACEMENT
OF THE ITEMS SOLD OR REFUND OF THE PURCHASE
PRICE PAID BY BUYER, AT SELLER'S SOLE OPTION.
IN NO EVENT SHALL SELLER BE LIABLE FOR ANY
INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES
OF ANY KIND OR NATURE WHATSOEVER, INCLUDING
BUT NOT LIMITED TO LOST PROFITS ARISING FROM
OR IN ANY WAY CONNECTED WITH THIS AGREEMENT
OR ITEMS SOLD HEREUNDER, WHETHER ALLEGED
TO ARISE FROM BREACH OF CONTRACT, EXPRESS
OR IMPLIED WARRANTY, OR IN TORT, INCLUDING
WITHOUT LIMITATION, NEGLIGENCE, FAILURE TO
WARN OR STRICT LIABILITY.
6. Changes, Reschedules and Cancellations:
Buyer may request to modify the designs or
specifications for the items sold hereunder
as well as the quantities and delivery dates
thereof, or may request to cancel all or
part of this order, however, no such requested
modification or cancellation shall become
part of the contract between Buyer and Seller
unless accepted by Seller in a written amendment
to this Agreement. Acceptance of any such
requested modification or cancellation shall
be at Seller's discretion, and shall be upon
such terms and conditions as Seller may require.
7. Special Tooling: A tooling charge may
be imposed for any special tooling, including
without limitation, dies, fixtures, molds
and patterns, acquired to manufacture items
sold pursuant to this contract. Such special
tooling shall be and remain Seller's property
notwithstanding payment of any charges by
Buyer. In no event will Buyer acquire any
interest in apparatus belonging to Seller
which is utilized in the manufacture of the
items sold hereunder, even if such apparatus
has been specially converted or adapted for
such manufacture and notwithstanding any
charges paid by Buyer. Unless otherwise agreed,
Seller shall have the right to alter, discard
or otherwise dispose of any special tooling
or other property in its sole discretion
at any time. |
8. Buyer's Property: Any designs,
tools, patterns, materials, drawings, confidential
information or equipment furnished by Buyer,
or any other items which become Buyer's property,
may be considered obsolete and may be destroyed
by Seller after two (2) consecutive years have
elapsed without Buyer placing an order for
the items which are manufactured using such
property. Seller shall not be responsible for
any loss or damage to such property while it
is in Seller's possession or control.
9. Taxes: Unless otherwise indicated on
the face hereof, all prices and charges are
exclusive of excise, sales, use, property,
occupational or like taxes which may be imposed
by any taxing authority upon the manufacture,
sale or delivery of the items sold hereunder.
If any such taxes must be paid by Seller
or if Seller is liable for the collection
of such tax, the amount thereof shall be
in addition to the amounts for the items
sold. Buyer agrees to pay all such taxes
or to reimburse Seller therefore upon receipt
of its invoice. If Buyer claims exemption
from any sales, use or other tax imposed
by any taxing authority, Buyer shall save
Seller harmless from and against any such
tax, together with any interest or penalties
thereon which may be assessed if the items
are held to be taxable.
10. Indemnity for Infringement of Intellectual
Property Rights: Seller shall have no liability
for infringement of any patents, trademarks,
copyrights, trade dress, trade secrets or
similar rights except as provided in this
Part 10. Seller will defend and indemnify
Buyer against allegations of infringement
of U.S. patents, U.S. trademarks, copyrights,
trade dress and trade secrets (hereinafter "Intellectual
Property Rights"). Seller will defend
at its expense and will pay the cost of any
settlement or damages awarded in an action
brought against Buyer based on an allegation
that an item sold pursuant to this contract
infringes the Intellectual Property Rights
of a third party. Seller's obligation to
defend and indemnify Buyer is contingent
on Buyer notifying Seller within ten (10)
days after Buyer becomes aware of such allegations
of infringement, and Seller having sole control
over the defense of any allegations or actions
including all negotiations for settlement
or compromise. If an item sold hereunder
is subject to a claim that it infringes the
Intellectual Property Rights of a third party,
Seller may, at its sole expense and option,
procure for Buyer the right to continue using
said item, replace or modify said item so
as to make it noninfringing, or offer to
accept return of said item and return the
purchase price less a reasonable allowance
for depreciation. Notwithstanding the foregoing,
Seller shall have no liability for claims
of infringement based on information provided
by Buyer, or directed to items delivered
hereunder for which the designs are specified
in whole or part by Buyer, or infringements
resulting from the modification, combination
or use in a system of any item sold hereunder.
The foregoing provisions of this Part 10
shall constitute Seller's sole and exclusive
liability and Buyer's sole and exclusive
remedy for infringement of Intellectual Property
Rights. If a claim is based on information
provided by Buyer or if the design for an
item delivered hereunder is specified in
whole or in part by Buyer, Buyer shall defend
and indemnify Seller for all costs, expenses
or judgments resulting from any claim that
such item infringes any patent, trademark,
copyright, trade dress, trade secret or any
similar right.
11. Force Majeure: Seller does not assume
the risk of and shall not be liable for delay
or failure to perform any of Seller's obligations
by reason of circumstances beyond the reasonable
control of Seller (hereinafter 'Events of
Force Majeure'). Events of Force Majeure
shall include without limitation, accidents,
acts of God, strikes or labor disputes, acts,
laws, rules or regulations of any government
or government agency, fires, floods, delays
or failures in delivery of carriers or suppliers,
shortages of materials and any other cause
beyond Seller's control.
12. Entire Agreement/Governing Law: The
terms and conditions set forth herein, together
with any amendments, modifications and any
different terms or conditions expressly accepted
by Seller in writing, shall constitute the
entire Agreement concerning the items sold,
and there are no oral or other representations
or agreements which pertain thereto. This
Agreement shall be governed in all respects
by the law of the State of Ohio. No actions
arising out of the sale of the items sold
hereunder or this Agreement may be brought
by either party more than two (2) years after
the cause of action accrues. |