Terms and Conditions

 

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  • Formtek Standard Purchase Terms and Conditions
  • Formtek Standard Terms and Conditions of Sale
  • Formtek Machinery Terms and Conditions of Sale
  • Formtek Legal Terms of Use

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    1. Governing Terms and Conditions: These standard terms and conditions of purchase (“Terms & Conditions”) shall apply to all orders for product (hereinafter “Product” or “Products”) between the purchaser (hereinafter “Purchaser”) and the vendor or seller of the Products (hereinafter “Seller”) (individually a “Party”, collectively “Parties”). The purchase of services by Purchaser shall be governed by the terms and conditions set forth in a separate services agreement that the Parties shall negotiate in good faith to execute; however, in the absence of a services agreement, the Terms & Conditions shall apply. Seller shall be deemed to have accepted the Terms & Conditions through any of the following: (i) the required return of a Seller-signed acknowledgment copy of Purchaser’s purchaser order; (ii) delivering Products; (iii) accepting payment from Purchaser of the amount of Seller’s invoice for the Products; (iv) failing to provide Purchaser with written notice of rejection of the Terms & Conditions within three (3) business days from the date of receipt of Purchaser’s purchase order (hereinafter “Order”); or (v) any other written indication (email, fax, etc.) by Seller of its acceptance of an Order. In the event of a conflict, any specific commercial terms and conditions set forth on the face of an Order shall take precedence. Any terms and conditions contained in any Seller correspondence, including but not limited to invoices, Seller order acknowledgements, packing slips or other documents accompanying delivered Products, which are different from or in addition to the Terms & Conditions, shall not be binding on Purchaser, whether or not they would materially alter the Order, and Purchaser hereby objects thereto without further notice.
    2. Confidentiality/Intellectual Property: All information, including, specifications, drawings, prints, schematics, and any other engineering, technical or commercial data or information submitted by Purchaser to Seller related to any Order for Products are the confidential and proprietary information of Purchaser and Seller and its employees, agents or other parties for whom Seller is responsible may not disclose Purchaser’s confidential and proprietary information to any third parties, or use Purchaser’s confidential and proprietary information for its own account or that of any third party, except in the performance of the Order. Any Intellectual property resulting or arising from the use of Purchaser’s information shall be the property of Purchaser and Seller shall take all steps necessary to assist Purchaser in the assignment to Purchaser and pursuit of any filings related to such intellectual property.
    3. Prices/Price Protection/Invoices/Payment: The total purchase price of the Products and any agreed upon related services (“Price”) is set forth in the Order and includes, unless set forth otherwise in the Order, all costs and expenses relating to shipping, packing, crating, boxing, transporting, loading, unloading, customs, taxes, tariffs, duties, insurance during transit of Products to Purchaser. The Price is firm and fixed and shall not be increased or invoiced higher than prices unless agreed in writing by Purchaser by means of a change order. The Price may be reduced as set forth below.Seller agrees that any Price reduction made in material or services subsequent to the placement of the Order and prior to delivery, will be applicable to the Order and Seller warrants that the prices are not less favorable than those extended to any other purchaser for the same or like articles in equal or less quantities. In the event Seller establishes or offers lower prices for the sale of such articles in such quantities, either generally or for any one sale to any other purchaser, from the date of acceptance of an Order to the date the Product is invoiced to Purchaser, Seller agrees to reduce the Price correspondingly.Seller shall provide Purchaser with invoices, in duplicate, at the time of shipment in accordance with Purchaser’s instructions, for approval and payment by Purchaser. In order to avoid delay in invoice approval and payment, all invoices must bear Purchaser’s Order number, description and quantities of Products delivered and date of delivery. No payments shall be made to Seller without a valid invoice, approved by Purchaser.  Unless otherwise set forth on the face of an Order, payment shall be made on approved invoices on a Net 60-day (from date of delivery) basis. Purchaser may delay, suspend or withhold any payment in case of delivery of nonconforming or defective Product.
    4. Taxes: Seller’s Prices shall exclude any Federal, state or local sales, use or excise taxes levied upon, or measured by the Price or use of the Product. All such lawfully applicable taxes shall be listed separately on Seller’s invoice. If such applicable taxes are not separately listed, Seller assumes responsibility for either the payment of the taxes directly to the appropriate taxing authority or reimbursement to Purchaser if Purchaser is required to pay the taxes to the appropriate taxing authority, and Seller agrees to indemnify and hold Purchaser harmless from, and to reimburse Purchaser for, any costs, including penalties, interest, accounting and counsel fees and expenses incurred as a result of Seller’s incorrect handling or invoicing of such taxes. Purchaser shall provide Seller with tax exemption certificates or other legitimate evidence of exemption where applicable.
    5. No Volume Commitment: For planning purposes only, Purchaser may provide Seller with estimated volumes of Product anticipated to be needed. However, unless set forth otherwise in an Order, Purchaser does not commit to purchase any volume of Product other than the quantity in an Order. Purchaser is not obligated to purchase Product from Seller on an exclusive basis.
    6. Warranties:
      • 6.1 Seller warrants that Seller, as applicable, or Product is:
        1. In conformance to any specifications, standards, drawings or descriptions set forth in the Order;
        2. In new conditions, merchantable and fit for the purpose and use intended by Purchaser;
        3. Free from defects in design, material and workmanship and will be for a period of one (1) year from the date of acceptance by Purchaser or effective period of manufacturer’s warranty (which Seller will pass through to Purchaser if Seller is not the manufacturer) whichever is longer;
        4. Not infringing on any worldwide existing patent or any other intellectual property right or proprietary right of a third party, except in cases where the Product was designed or manufactured in accordance with Purchaser’s designs and the alleged infringement would not have occurred but for Purchaser’s designs;
        5. Compliant with all applicable regulations or other legal requirements concerning the manufacture and sale of the Product including, but not limited to, the requirements of the Fair Labor Standards Act of 1938, as amended, the U.S. Foreign Corrupt Practices Act, all applicable Executive Orders regarding Equal Opportunity Employment, safety, export and environmental regulations of the United States, European Union and all other applicable countries and regions;
      • 6.2 In the event that the Product does not meet any of the requirements set forth in 6.1 a. or b. above, refer to Inspection and Acceptance section below for Purchaser’s remedy.
      • 6.3 If the Product exhibits defects in design, material or workmanship during the warranty effective period (ref. 6.1 c.), Purchaser shall notify Seller as soon as reasonably possible, and Seller shall promptly replace the defective Product at its sole expense. Replacement Product shall be warranted as new for the full warranty effective period. If the Product is not readily replaceable, e.g. machinery, Seller may, upon Purchaser’s agreement, repair the Product in place, at Seller’s expense.
      • 6.4 For additional details on, and Purchaser’s remedies for, non-conformances to the warranty representations set forth in 6.1 d. and e. above, refer to the Indemnification/Patent or Intellectual Property Indemnification and Export Control, Suspension/Debarment and Trade Restrictions sections below)
      • 6.5 Seller warrants and represents that its employees, subcontractors, or agents assigned to perform any services under any Order shall have the skills, training, and background reasonably commensurate with his or her level of performance or responsibility, so as to be able to perform in a competent and professional manner. The Seller further warrants that any services provided hereunder will conform to the requirements of the Order. Seller will perform services in a professional, workmanlike manner, consistent with industry standards. In the event that Purchaser deems, in its sole discretion, that the services do not conform to this warranty, Seller will re-perform such services at no additional cost to Purchaser.
    7. Delivery/Title/Delivery Date & Terms: Delivery refers to the transfer of Product to Purchaser at the designated point in the delivery terms below.Title to the Product, free and clear of all encumbrances and liens of any kind, and risk of loss or damage shall pass to Purchaser upon such delivery.

      Time is of the essence with respect to delivery. The required delivery date shall be agreed upon by the Parties and set forth in writing. In the event that Seller fails to meet the required delivery date, for reasons other than Force Majeure, Seller understands and acknowledges that the actual damages that Purchaser may incur as a result of such failure were difficult to estimate at the time of Order and, as such, Purchaser shall be entitled to reasonable liquidated damages calculated as a percentage of the Price to be off-set against the Price as a partial remedy. Unless set forth otherwise in the Order, the liquidated damages shall be two percent (2%) of the Price for each full or partial week that delivery is delayed, up to a maximum of ten percent (10%) of the Price after which time, if delivery delays continue beyond five (5) weeks from required delivery date, Purchaser reserves the right to declare Purchaser in default, cancel the Order for cause, purchase Product from an alternate source or sources, and recover from Seller the difference in cost to Purchaser for alternately sourced Product and Price of the Order with Seller, together with any incidental or consequential damages incurred by Purchaser.

      Unless agreed otherwise, Purchaser shall not deliver Products in advance of the delivery date or in quantities greater that those set forth in the Order and Purchaser reserves the right to return any such early deliveries or additional quantities at Seller’s expense and risk.

      Unless otherwise set forth otherwise in the Order, all Products are to be delivered Delivered Duty Paid (“DDP”) Purchaser’s designated facility (Incoterms 2020 or current version) with Seller responsible at its cost and risk for all transportation, transit insurance, importation duties, VAT, and related clearance charges. For Orders under which Purchaser is responsible for the cost of transportation and risk of loss from Seller’s shipping point, e.g. Free Carrier, FCA (Incoterms), FOB Origin or Shipping Point (UCC), Purchaser shall set forth shipping instructions in the Order. In the absence of such instructions, Seller shall arrange for shipment using the lowest appropriate transportation (and if applicable, import duty classification) and routing. Seller shall also insure such shipments for a minimum for 110% of full replacement value of Product shipped with Purchaser designated as named insured and provide Purchaser with certificates evidencing such coverage. If Seller does not utilize the most cost-effective rate, classification and/or routing, Seller shall be responsible for any excess costs associated with the transportation (and/or importation if applicable) incurred by Purchaser.

      All shipments must be packed, crated, or suitably boxed for the method and mode of shipment.

      All packages, crates, or boxes must contain packing slips/lists that (i) accurately detail the contents of each package, crate, or box, including part numbers, (ii) Purchaser’s complete corporate name and address, and (iii) Order number. Order numbers must be displayed on the outside of all packages, crates, or boxes and on all Bills of Lading and Dray tickets. Seller must provide Purchaser with an original Bill of Lading immediately upon shipment.

      All wooden crates used for international transportation must be ISPM 15 compliant and have the appropriate stamp and certification. Seller shall be responsible and shall indemnify Purchaser for any costs, delays, fines, penalties charged or assessed for the use of non-ISPM 15 (or then-current requirement) compliant crating or crating that lacks the appropriate stamp and certification.

    8. Changes: Purchaser shall have the right at any time to request changes in the specifications of the Products, quantities, delivery dates, and/or other material term of any Order. Upon such request, Seller shall advise Purchaser, in writing within five (5) days of Seller’s receipt of the request, of the feasibility and any impact on the Price, delivery date, performance or characteristics of Product. If Purchaser elects to proceed with the change, Purchaser shall issue a change to the Order (“Change Order”) that confirms the details of the change. The Parties agree and acknowledge that unless a Change Order is agreed upon in writing by both Parties, the Order shall not be modified in any manner.
    9. Inspection and Acceptance: Purchaser shall inspect the Product within a reasonable time after delivery to confirm its conformance to the requirements of the Order at which time the Product shall be accepted. Product which does not conform to the applicable requirements shall be rejected and returned to Seller at Seller’s expense. Seller shall then promptly replace the non-conforming Product with conforming Product. If Seller does not promptly replace the non-conforming Product with conforming Product, Purchaser reserves the right to terminate the Order for cause without liability to, or recourse from, Seller and Seller shall immediately reimburse Purchaser for any amounts paid to Seller for the non-conforming Product.
    10. Termination: Purchaser may terminate any Order at any time, for its convenience, upon fifteen (15) days written notice to Seller. Upon receipt of notice of such termination, Seller will inform Purchaser of the extent to which it has completed the Product or performance under the Order as of the date of the notice, and Seller deliver to Purchaser the completed Product. Purchaser will pay Seller for all completed Product delivered and accepted through the effective date of the termination, at the Price set forth in the Order. Upon such payment, Purchaser will have no further payment obligation in connection with any termination.Purchaser may terminate any Order immediately by delivering written notice to the Seller upon the occurrence of any of the following events: (i) Seller fails in any of its material obligations or defaults on any warranty representation set forth in the Order, including delay in delivery for five (5) weeks beyond required delivery date, and fails to remedy same within seven (7) days of Purchaser’s notice; (ii) a receiver is appointed for Seller or its property; (iii) Seller makes a general assignment for the benefit of its creditors; (iv) Seller commences, or has commenced against it, proceedings under any bankruptcy, insolvency, or debtor’s relief law; or (v) Seller is liquidating, dissolving, or ceasing to do business in the ordinary course.
    11. Indemnification/Patent or Intellectual Property Indemnification: Seller shall indemnify and hold Purchaser harmless from and against any and all claims, demands, actions, lawsuits, proceedings, liabilities, losses, costs, expenses (including without limitation reasonable attorneys’ fees) arising from or related to the Purchaser’s purchase or use of the Product or any services provided under any Order, including but not limited to those which involve, (i) any actual or alleged injuries, death or property damage resulting in whole or in part from detective or allegedly detective Products or services provided hereunder (ii) actual or alleged violation of any law, regulation, rule or ordinance relating to the use of any Product or services provided hereunder; (iii) any actual or alleged injuries, death or property damage resulting in whole or in part from the negligence of Seller.Seller shall indemnify and hold Purchaser harmless from and against any and all claims, demands, actions, lawsuits, proceedings, liabilities, losses, costs, expenses (including without limitation  reasonable attorneys’ fees) arising from or related to any actual or alleged infringement of any world-wide or United States patents of any third party resulting from the methods, directions, specifications or design of the Product. If a permanent injunction shall prohibit the use, re-sale or distribution of the Product or any part thereof by reason of any patent infringement covered by this indemnity, Seller shall, at its own expense, either (a) procure for Purchaser a license for the right to continue using the Product or the part thereof found to be infringing; (b) replace or modify the Product or any part thereof found to be infringing so that the same becomes non-infringing, without any increase in the Price of the Product, or (c) reimburse Purchaser for the Price of the Product.  The provisions of this section shall survive the performance or termination of the Order.
    12. Purchaser’s Limitation of Liability: Seller understands and acknowledges that Purchaser shall not be liable for any special, direct, indirect, consequential, punitive or incidental damages of any kind, or labor costs, expenses, lost profits, lost opportunities, or similar damages of any kind regardless of the legal theory or causes of action by which claims for any such damages are advanced, whether or not Purchaser has been advised of the possibility of any such damages.
    13. Insurance Requirements: Seller agrees to furnish proper proof of its insurance coverage to Purchaser upon request, and to adjust both the coverage and the limits of coverage upon reasonable request of Purchaser, and to request Seller’s insurer to name Purchaser as an additional insured under appropriate circumstances where Seller will perform work or services upon property owned, controlled or leased by Purchaser, if so requested by Purchaser.
    14. Force Majeure: Any delay or failure of either Party to perform its obligations will be excused if it is caused by an extraordinary event or occurrence beyond the control of the nonperforming Party and without the nonperforming Party’s fault or negligence (“Force Majeure”), such as acts of God, acts of Government, fires, floods, windstorms, explosions, fires, floods, windstorms, explosions, natural disasters, epidemics, pandemics and disease, wars and sabotage. Seller’s inability to obtain raw materials or components from its usual sources or labor shortages (unless caused by the aforementioned events) are not force majeure events. Each Party will promptly notify the other of the reason for the delay and use its best efforts in curing the cause and will take all actions practicable to minimize the adverse impact of the delay on the other Party. Purchaser reserves the right to purchase Products from other sources during “force majeure” events affecting Seller’s performance without liability to Seller.
    15. Waiver/Severability: If either Party, at its option, agrees to a waiver of any of the terms and conditions recited herein, such waiver shall not for any purpose be construed as a waiver of any succeeding breach of the same or any other terms and conditions; nor shall such a waiver be deemed as a course of conduct. If any provision or clause, or portion thereof, of the Terms & Conditions, or application thereof to any person or circumstances is held invalid or unconscionable, such invalidity or unconscionability shall not affect other provisions, or portions thereof, or applications of the Terms & Conditions, which can be given effect without the invalid or unconscionable provision, or portion thereof, or application, and to this end the provisions of the Terms & Conditions are declared to be severable. Captions and heading in the Terms & Conditions are strictly for the purpose of convenience and general reference only and shall not affect the meaning or interpretation of any of the provisions herein.
    16. Export Control, Suspension/Debarment and Trade Restrictions: All transactions under an Order shall at all times be subject to and conditioned upon compliance with all applicable export control laws and regulations and any amendments thereto. The Parties hereby agree that they shall not, except as said applicable laws and regulations may expressly permit, make any disposition by way of trans-shipment, re export, diversion or otherwise, of any goods, technical data, or software, or the direct product thereof, furnished by either Party in connection with the Order. The obligations of the Parties to comply with all applicable export control laws and regulations shall survive any termination or discharge of any other Order obligations. Seller shall provide immediate notice to Purchaser in the event of Seller being suspended, debarred or declared ineligible by any government entity or upon receipt of a notice of proposed debarment from any such entity during the performance of the Order. In the event that Seller is suspended, debarred or declared ineligible by any government entity, Purchaser may terminate the Order immediately without liability to Seller. Seller also agrees that it will not source any materials or components that comprise the Product from entities that are (is): (i) a government of a country defined by the U.S. State Department as a “State Sponsor of Terrorism” or “SST”; or (ii) a company incorporated, formed or otherwise organized in a SST country or owned, in whole or in part, by the government of a SST country or a national of a SST country, regardless of where that company is located or doing business. In addition, Purchaser may, from time to time and for business reasons, withdraw from and/or restrict its business dealings in certain foreign jurisdictions, regions, territories and/or countries and thus Purchaser may terminate any Order immediately without liability to Seller upon written notification to Seller.
    17. Assignment/Publicity: An Order may not be assigned in whole or in part by Seller without the express written consent of Purchaser. Seller shall not issue any press releases or originate any publicity in any form, regarding any Order without the prior written consent of Purchaser.
    18. Forum/Governing Law: Any hearing, trial, proceeding or other meeting with respect to all claims, disputes or controversies (whether in contract or tort, pursuant to statute or regulation, or otherwise, and whether pre-existing, present or future) arising out of or relating to the Terms & Conditions or any Order governed by them will be held in Hampden County Massachusetts, United States of America, and the proceedings shall be conducted and all submissions of the Parties shall be in the English language. Both Parties waive the right to a jury trial. The governing law shall be the laws of the Commonwealth of Massachusetts. With respect to international transactions, the United Nations Convention On The International Sale Of Goods is hereby excluded from application.
    19. Survivability: Any obligations or duties which, by their nature, extend beyond the expiration or termination of any Order shall survive the expiration or termination of the Order, including but not limited to the following sections: Confidentiality/Intellectual Property, Taxes, Warranties, Assignment/Publicity, Purchaser’s Limitation of Liability, Indemnification/Patent or Intellectual Property Indemnification and Forum/Governing Law.
    20. Entire Agreement: The Terms & Conditions supersede and replace any and all prior or contemporaneous agreements, understandings, arrangements or representations, whether oral or written heretofore made between the Parties and relating to the subject matter hereof, and together with any commercial terms and covenants set forth in an Order, constitute the entire understanding of the Parties with respect to the sale of Product by Seller to Purchaser.
    1. GOVERNING TERMS AND CONDITIONS/QUOTE VALIDITY
      These standard TERMS AND CONDITIONS OF SALE (hereinafter “Terms & Conditions”), published on Seller’s website, shall apply to all orders for product (hereinafter “Product” or “Products”), between the purchaser (hereinafter “Buyer”) and the seller of the Products (hereinafter “Seller”) with the exception of orders for machinery which shall be governed by Seller’s MACHINERY TERMS AND CONDITIONS OF SALE, that are also published on Seller’s website. In the event that Seller issues a formal proposal or quotation (“Quote”) to Buyer for the sale of Products then any order resulting from said Quote shall be governed by the sales covenants set forth in the Quote and the Terms & Conditions incorporated therein by attachment or reference (“Seller’s Terms”). Buyer shall be deemed to have accepted Seller’s Terms or the Terms & Conditions (in the absence of a Quote) through any of the following: (i) issuance of a purchase order or a purchase order number to Seller, (ii) receipt and acceptance of Products, (iii) payment of Seller’s invoice for the Products or any required initial deposit, (iv) failing to provide Seller with written notice of rejection of Seller’s Terms or the Terms & Conditions within three (3) business days from the date of receipt of either the Products or Seller’s order acknowledgment or (v) any other written indication by Buyer of its acceptance of the Quote or offer of Products. Any order for Product received by Seller shall be reviewed and upon acceptance, acknowledged by Seller by a formal order acknowledgment or other written indication of acceptance (hereinafter “Order” or “Contract”). The effective date of any Order shall be the date accepted by Seller and receipt by Seller of any required initial deposit. Any terms and conditions contained in any purchase order, correspondence or accompanying payment for delivery of the Products, which are different from or in addition to Seller’s Terms (or the Terms & Conditions), shall not be binding on Seller, whether or not they would materially alter the Order, and Seller hereby objects thereto without further notice. The scope of work under any Product sale offered by Seller does not include any engineering or on-site work, e.g., installation or commissioning of Products (“Services”), unless specifically set forth otherwise in the Quote or Order. In the event that Seller does offer Services, such Services shall be governed either by the Seller’s Terms set forth in the quotation or the Terms & Conditions in the absence of any other terms and conditions quoted by Seller.Any Quote made by Seller either directly or by a dealer or sales representative of Seller shall expire in thirty (30) days from date of issuance, and after such time will no longer be valid. If Buyer wishes to consider purchasing Products offered in an expired Quote, Seller shall either issue a new Quote or extend the validity of the original Quote within three (3) business days of a written request.
    2. CONFIDENTIALITY
      All information, including quotations, specifications, drawings, prints, schematics, and any other engineering, technical or pricing data or information submitted by Seller to Buyer related to any Orders are the confidential and proprietary information of Seller; and Buyer and its employees, agents or other parties for whom Buyer is responsible may not disclose Seller’s confidential and proprietary information to any third parties, or use Seller’s confidential and proprietary information for its own account or that of any third party, except in the performance of the Order. No transfer of ownership of any information provided by Seller to Buyer shall take place pursuant to fulfillment of the Contract.
    3. PRICE; PAYMENT TERMS
      The price and payment terms for the Products shall be set forth by Seller at the time of a Quote however such terms are subject to revision and re-quote prior to acceptance of any order received from Buyer. Seller may also confirm or revise quoted or re-quoted price or payment terms (if mutually agreed upon) in Seller’s acknowledgement of Order to Buyer for Buyer’s review and agreement. All payment terms are subject to Seller’s credit approval as of the time of the Order and prior to shipment.  Unless otherwise set forth in the order acknowledgement, payments are due to Seller from Buyer no later than immediately upon Buyer’s receipt of an invoice from Seller. Time is of the essence with respect to all payments. Payments that are outstanding more than ten (10) days from their respective due date shall bear an interest rate of one and one-half percent (1½%) per month (eighteen percent [18%] annually) until fully paid, including any interest accruing thereon. If the rate of interest stated in the preceding sentence exceeds the maximum rate of interest that the applicable state law allows, then the rate of interest that will be accrued will be the applicable state maximum. In the event Buyer does not pay within the terms of the Order, all collection costs incurred by Seller, including reasonable attorneys’ fees will be paid by Buyer.Payment for the sale of Products shall not be subject to offset, deduction or back charges by Buyer, unless such offset, deduction or back charge is expressly accepted in writing by an authorized representative of Seller.  Any sums that have been deducted by Buyer in violation of this paragraph shall be considered overdue and are subject to the above interest charge. The price set forth in the Order and all payments due to Seller from Buyer shall be in the lawful currency of the United States of America.Notwithstanding the foregoing or any term in the Quote, Order or order acknowledgement to the contrary, to the extent that any time prior to shipment Buyer does not meet Seller’s credit approval, Seller may either (i) cancel the Order, subject to Section 5 below or (ii) request payment in full from Buyer prior to shipment of the Product. If a letter of credit is to be used to cover any payments, Buyer shall open, in favor of Seller, an irrevocable, documentary Letter of Credit in the amount equal to those payments in the specific form and format described in Seller’s letter of credit instructions incorporated into the Contract by attachment or reference. The minimum requirements for any such letter of credit are that it must be payable “at sight” at the counters of Seller’s bank in the USA, it must allow for confirmation by Seller’s bank, it must allow partial shipments and partial draws from any point of origin and must allow trans-shipment and must specify that bank charges in addition to those charges by Seller’s bank shall be payable by the Buyer. If the letter of credit is advised or in any way processed by additional banks other than Buyer’s original issuing bank and Seller’s specified advising bank, Buyer shall be responsible for any fees charged by such additional banks. In the event that Buyer elects to use an issuing bank with which Seller’s bank does not have a corresponding relationship, Seller reserves the right to require payment by wire-transfer in lieu of acceptance of a letter of credit. The Buyer agrees to have its issuing bank forward a draft version of the letter of credit to Seller for its review and approve prior to issuance of the final version.
    4. CHANGES
      Changes to the price, payment schedule, design, specifications, submittals, scope of supply, estimated delivery schedule, Product demonstration site, shipping instructions of the Products or any material term of the Contract, may only be made upon execution by Buyer and Seller in writing (“Change Order” or “Amendment”). Such Change Order shall state the parties’ agreement on (i) change in the specifications, designs, scope of work, delivery schedule or shipping instructions for the Product, (ii) an adjustment to the purchase price, if any, and (iii) an adjustment in the indicated date of shipment of the Product and/or the period of performance. Both parties agree and acknowledge that unless a Change Order is agreed upon in writing by both parties, the Contract shall not be modified in any manner. In addition, Seller has the right to suspend its performance on the portion of the Order potentially affected by a proposed change without liability during the period while the change is being evaluated, negotiated and agreed.In the event Buyer has communicated proposed changes to Seller, Seller, at its sole discretion, shall either (a) accept the Change Order; (b) reject the Change Order and continue performance under the existing Contract; or (c) cancel the Contract. In the event that Seller elects (b) above, Buyer shall either (i) agree to continue performance (of Seller) pursuant to the Contract or (ii) cancel the Contract.
    5. DEFAULT; CANCELLATION
      If Buyer fails to perform any of its obligations hereunder, including without limitation, failure to make payments as provided in Section 3  or otherwise, or if Buyer fails to promptly give reasonable assurances of future performance when requested by Seller, then Seller may, upon five (5) days’ written notice to Buyer, declare Buyer to be in default and Seller may suspend performance of its obligations hereunder without liability and retain all rights and remedies Seller may possess at law, in equity and/or as provided in the Terms & Conditions.In addition to the remedies in Section 4 above, to the extent that (i) Seller declares a default under this Section 5 or (ii) if the Order is cancelled for any reason, other than (a) default by Seller or (b) Force Majeure, Buyer will make payment to Seller of reasonable cancellation charges which shall include all incurred costs (direct material, labor, burden, and application engineering) on the work-in-process and completed work plus twenty percent (20%) of the incurred costs as liquidated damages. If an Order, or portion thereof, for Products considered by Seller to be non-standard, i.e., built to Buyer specifications or otherwise customized, is cancelled for any reason, other than (a) default by Seller or (b) Force Majeure, then Seller reserves the right to charge Buyer up to 100% of the price of the cancelled non-standard Product.
    6. TAXES, PERMITS, FEES, LAWS
      Unless expressly stated in Seller’s invoice, the purchase price for the Products furnished by Seller excludes all governmental or brokerage taxes, duties, fees, charges or assessments.  Seller may elect to add any such taxes, duties, fees, charges, or assessments to the invoice amount payable to Seller by Buyer.  Buyer must provide Seller with documentation acceptable to Seller of any exemptions claimed from taxes, duties, permits, fees, charges, or assessments in advance. Except to the extent expressly assumed by Seller, Buyer shall secure and pay for all permits and fees necessary for the delivery and installation of the Products and/or the equipment into which the Products are installed. It is Buyer’s duty to ascertain that the Products proposed by Seller and their subsequent installation and use is in accordance with applicable local laws, statues, ordinances and building codes (“laws”). Seller shall not be responsible for compliance of the Products or the equipment into which the Products are installed to such laws, but shall to the extent reasonably possible, promptly notify Buyer of any discrepancies that come to Seller’s attention.
    7. SHIP DATES; DELIVERY TERMS; TITLE; RISK OF LOSS
      Seller shall use all commercially reasonable efforts to have the Product ready for shipment as soon as reasonably possible however Seller is not responsible for any actual, incidental or consequential damages arising by reason of any delay in delivery or shipment. The estimated dates for shipment of the Products are based on production loading and capacity and/or third-party manufacturer’s estimates of material and component availability at the time of Quote and are not intended to be exact dates but rather reasonable estimates for the time anticipated by Seller to make the Product available for shipment. For certain Orders, it will be necessary for Buyer to provide and/or confirm to Seller certain information regarding the Product, e.g., color, ‘handings’ of fittings, submittal package approvals, line drawing feedback, building layout details, etc., (“Buyer-provided Info”) before Seller can provide a reasonable estimate of completion of the manufacturing process. In such cases, Product availability may be estimated in a range of weeks from time Seller is in receipt of all final Buyer-provided Info. Delays in Seller’s receipt of Buyer-provide Info or requests for changes thereto may result in additional time being required for the Product to be available.Upon notification from Seller that Product is ready for shipment, Buyer must meet all obligations hereunder, including but not limited to payment, providing for delivery of the Product to the designated location, site preparation and all other obligations noted herein or in the acknowledgment. Products shall be delivered EXW (EX Works Manufacturer’s Factory, Incoterms 2020 or current version). Prices do not include transportation charges, or transit insurance all of which are the responsibility of Buyer. Seller may at its sole discretion, upon request by Buyer, provide Buyer with the services of arrangement and prepayment of transportation of the Product on behalf of Buyer provided that Buyer agrees to pay Seller for such services including reimbursement of all charges associated with the transportation (and storage) of Product to Buyer’s designated location within the continental USA as well as reasonable service charges immediately upon Buyer’s receipt of Seller’s invoice. In the event that Seller arranges and prepays for the transportation of Product on Buyer’s behalf, the delivery term shall remain as EXW (EX Works Manufacturer’s Factory, Incoterms 2020 or current version) and Buyer is solely responsible for the risk of loss or damage and to insure the Product during transit, at its sole cost.  The term “Deliver”, “Delivery” and/or “Delivered” shall refer to the transfer of Products to the Buyer as described in the Delivery terms Title and risk of loss to the Product for all purposes shall pass to Buyer upon Delivery as defined above, e.g. at Seller’s facility under EXW.
    8. DELAYS, FORCE MAJEURE; SUSPENSIONS
      If Seller is delayed at any time by the acts or omissions of Buyer, its agents, subcontractors or material suppliers, Change Orders, or by any Force Majeure defined below then the period of performance shall automatically be extended to accommodate Seller’s revised engineering and production schedules, material purchases and/or labor remobilization. “Force Majeure” means circumstances beyond the respective  parties reasonable control, including without limitation, acts of God, acts of public enemies, wars, other hostilities, blockades, insurrections, riots, epidemics, pandemics (whether officially declared by public health officials or not), quarantine restrictions in  Seller’s, manufacturer’s or Buyer’s or end-user’s locations, floods, unavailability of components or supplies from any sources limited by engineering specifications, lightning, fire, storms, earthquakes, washouts, arrests, restraints of rulers and people, civil disturbances, acts of any governmental or local authority, and any other acts and causes, not within the control of the party claiming excuse from performance, which by the exercise of due diligence and reasonable commercial effort, that party shall not have been able to foresee, avoid or overcome.
    9. SOURCE OF PRODUCTS
      Seller reserves the right to obtain and/or manufacture the Products from or at any one or more of its world-wide facilities or from any third-party manufacturer and the price of the Product shall not be affected by the source of the Product.  Buyer shall notify Seller upon placement of order whether the source of the Product may conflict with Buyer’s requirements for country-of-origin labeling, content restrictions, or duty or freight, and Buyer and Seller shall consult with each other on the possible impact of such requirements on the price or availability.  Buyer’s failure to notify Seller shall create an irrefutable presumption that the source of the goods as selected by Seller are acceptable to Buyer and that Buyer will bear the costs and consequences thereof.
    10. INSTALLATION
      Buyer is responsible for the installation of the Products including, without limitation, all civil engineering and foundations, unloading, unpacking and proper positioning of Products in Buyer’s equipment and the costs of the foregoing. Seller’s service department can make a service representative available for consultation on site to assist with the Buyer’s responsibilities above if so desired.  This service will be priced at Seller’s usual and customary daily service rates as announced from time to time plus reasonable expenses and will be subject to separate terms and conditions.
    11. LAWS/SAFETY STANDARDS
      The Buyer and authorized end user are the parties responsible under the terms of all applicable Federal, state, local, regional and international laws applicable to the sale and use of Products including but not limited to UL, AMCA, AHRI, ASHRAE, CSA, ETL, NRCAN, NFPA-54, NFPA-31 and  the Occupational Health and Safety Act of 1970 (collectively the “Standards”), or the industrial safety laws applicable to the facility where the Products are installed, to ensure the Products and the equipment into which the Products are installed meet such requirements, and Seller hereby disclaims any liability for any violations of the Standards or other applicable standard, regulation or law covering the safe operation of the Products and the equipment into which the Products are installed that may be imposed with respect to the Products furnished under any sale. Buyer shall (i) pass all applicable safety information to its authorized end-user, (ii) train, require and cause its employees to comply with directions set forth in maintenance, safety and operation instructions, manuals, drawings, safety notices and warnings and other instructions that might be furnished by Seller or labelled on Product; (iii) use reasonable care and install as recommended by Seller all safety equipment and applicable safety guards, presence sensing devises, light curtains, pressure relief valves and safety systems in the set-up, adjustment, operation and maintenance and repair of the Products and the equipment into which the Products are installed; (iii) not remove, or permit anyone to remove any safety equipment, safety feature, warning placards, labels or warning signs of any types from the Products and the equipment into which the Products are installed nor permanently remove, wire around, by-pass or disable any presence sensing devises, light curtains, guards or safety features; and (iv) assure that the Products and the equipment into which the Products are installed are used in accordance with all applicable laws, regulations, permits and customary standards in force.
    12. ACCEPTANCE
      Buyer’s receipt of the Products Delivered hereunder shall be an unqualified acceptance of and shall also constitute a waiver of any defect which reasonable inspection would have revealed unless Buyer gives Seller notice of rejection of the Products within thirty (30) days after such receipt. In the event that Buyer gives such notice of rejection, Buyer shall afford Seller (i) reasonable opportunities to inspect any alleged non-conforming Products and (ii) a reasonable opportunity to provide substitute conforming Products.  Buyer shall not return any Products without Seller’s prior written consent.
    13. FORUM/GOVERNING LAW
      Any hearing, trial, proceeding or other meeting with respect to all claims, disputes or controversies (whether in contract or tort, pursuant to statute or regulation, or otherwise, and whether pre-existing, present or future) arising out of or relating to the Terms & Conditions or any Order governed by them will be held in Hampden County Massachusetts United States of America, and the proceedings shall be conducted and all submissions of the Parties shall be in the English language. BOTH PARTIES WAIVE THE RIGHT TO A JURY TRIAL. This provision shall survive the termination of any Order governed by the terms and conditions of sale. The governing law shall be the laws of the Commonwealth of Massachusetts. With respect to international transactions, the United Nations Convention On The International Sale Of Goods is hereby excluded from application.IN ADDITION TO THE FOREGOING, SELLER MANUFACTURES AND/OR SELLS ITS PRODUCTS IN ACCORDANCE WITH AND NOT INFRINGING ON THE CUSTOMS, SPECIFICATIONS, PATENTS AND STANDARDS OF TRADE IN FORCE AND IN USE AND KNOWN TO SELLER IN THE UNITED STATES OF AMERICA.  IT IS THE RESPONSIBILITY OF THE BUYER TO ASSURE THAT THE PRODUCTS AND THE EQUIPMENT INTO WHICH THE PRODUCTS ARE INSTALLED ARE USED IN ACCORDANCE WITH AND NOT INFRINGING UPON THE CUSTOMS, SPECIFICATIONS, PATENTS AND STANDARDS OF TRADE IN FORCE AND IN USE IN THE COUNTRY OF INSTALLATION.
    14. WARRANTY
      Unless Seller offers additional or an alternate Product warranty in the Quote, website or other written correspondence applicable to the Order, Seller warrants to the original Buyer only that the Products manufactured by Seller shall be free from defects in material or workmanship for a period of ninety (90) days measured from the date of shipment.  The foregoing warranty will become void, and Seller will have no obligation whatsoever under this warranty, with respect to any of the following: (i) Products that are not used or maintained in a normal and proper manner, in accordance with any manuals and instructions that might be provided by Seller; (ii) Products that are modified, altered or repaired without the prior written approval of Seller; (iii) Buyer fails to make any payments when due under Section 3 or otherwise in the Order  or (iv) Products that are assigned, sold or transferred to an entity other than the Buyer unless Buyer is a financing entity, lessor, sales representative, dealer or authorized reseller and has notified Seller in advance at time of order that Buyer will not be the end-user of the Product in which case the Product warranty may, at Seller’s option and discretion, be transferred to the end-user upon written request by Buyer.  Seller will repair or replace at its option Products which upon Seller’s inspection it finds to be defective, based on claims made in writing to Seller by Buyer within a reasonable time after discovery and within the warranty period.  Products alleged to be defective must be returned to Seller for repair or replacement, freight prepaid, within thirty (30) days of Buyer’s receipt of the Seller-issued return authorization number which must be clearly marked on the outside of the return container. Replacement components shall be shipped from Seller upon Buyer request and receipt of a valid purchase order number so the validity of the warranty can be determined. Unless otherwise specified, replacement Products shall be Delivered to Buyer “Ex Works Seller’s factory” (Incoterms 2020 or current version). Any labor or equipment rental costs incurred at Buyer’s site in the dismantling and reassembly of the equipment into which the Products are installed shall be at Buyer’s sole expense.  This warranty excludes Products furnished by the Seller but manufactured by another party. Such Products shall bear no warranties other than the warranties extended by and enforceable against the manufacturer thereof at the time of Delivery to Buyer (which warranties Seller will furnish on Buyer’s written request), for the period stated in that warranty.Notwithstanding the foregoing, to the extent that a Product or a component within a Product is deemed by Seller or, in the case of a component, the manufacturer of the component, to be obsolete, such Product or component shall bear no warranty.THE WARRANTY STATED HEREIN IS PERSONAL TO BUYER AND SELLER MAKES NO OTHER WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE PRODUCTS FURNISHED HEREUNDER AND DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. THE ABOVE WARRANTY SHALL CONSTITUTE BUYER’S EXCLUSIVE REMEDY WITH RESPECT TO THE PRODUCTS FURNISHED HEREUNDER.If Buyer removes or permits anyone to remove or disable any safety equipment, presence sensing devises, light curtains, guards, safety feature, warning placards, labels or warning signs from the Products and the equipment into which the Products are installed or fails to observe any condition in this Section 14, or if any injury or damage is caused, in whole or in part, by the Buyer and/or end-user’s failure to comply with applicable federal, state or local safety requirements or Seller’s instructions as provided in Section 11 above, Seller shall have no obligation to Buyer, and Buyer shall indemnify and hold Seller harmless against any claims, loss or expense for injury or damage arising from the improper use of the Products or the equipment into which the Products are installed. Seller specifically disclaims any and all liability arising out of the operation of the Products and the equipment into which the Products are installed other than the warranty liabilities to the original Buyer.
    15. LIMITATION OF LIABILITY
      BUYER UNDERSTANDS AND ACKNOWLEDGES THAT SELLER SHALL NOT BE LIABLE FOR ANY SPECIAL, DIRECT, INDIRECT, CONSEQUENTIAL, PUNITIVE OR INCIDENTAL DAMAGES OF ANY KIND, OR LABOR, EXPENSES, LOST PROFITS LOST OPPORTUNITIES, OR SIMILAR DAMAGES OF ANY KIND; AND REGARDLESS OF THE LEGAL THEORY OR CAUSES OF ACTION BY WHICH CLAIMS FOR ANY SUCH DAMAGES AS SET FORTH IN THE ENTIRETY OF THE ABOVE SECTION ARE ADVANCED, WHETHER OR NOT SELLER HAS BEEN ADVISED OF THE POSSIBILITY OF ANY SUCH DAMAGES.
    16. INDEMNITY
      Buyer agrees to indemnify and hold harmless Seller and its vendors from any and all claims or liabilities asserted against Seller or its vendors in connection with the manufacture, sale, delivery, re-sale, or repair or use of any Product furnished under Seller’s Terms arising in whole or in Product out of or by reason of the failure of Buyer, its agents, servants, employees or customers to follow directions, instructions, warnings or recommendations furnished by Seller or its vendors in connection with such Product, or by reason of the failure of Buyer, its agents, servants, employees or customers to comply with all federal, state or local laws and regulations applicable to such Product, including the Occupational Safety and Health Act of 1970, or by reason of the negligence of Buyer, its agents, servants, employees or customers.
    17. PURCHASE MONEY SECURITY INTEREST
      Notwithstanding any passage of title, Seller reserves a Purchase Money Security Interest under the Uniform Commercial Code in the Product and in the proceeds derived from such Product.  Buyer shall execute such documents as Seller may require, including, but not limited to, a Security Agreement, one or more Financing Statements, and provide to the Seller signed waivers and consents from landowner(s) and mortgagee(s).  The Buyer agrees and hereby does appoint the Seller as attorney in fact to do, at the option of Seller, all acts and things the Seller may deem desirable to perfect and continue to perfect the Purchase Money Security Interest, including Seller’s authority to file financing statements naming Buyer as debtor and Seller as secured party without Buyer’s signature in those states where such filings are permitted.  At the Seller’s option, there shall be no Delivery of any of the Product purchased hereunder until all documents necessary to perfect the Security Interest have been executed to the Seller’s satisfaction.  All costs and expenses of Seller, including attorneys’ fees for the preparation and recordation of documents deemed necessary and appropriate to establish and perfect the Security Interest, shall be the responsibility of the Buyer and shall be immediately payable by the Buyer upon receipt of Seller’s invoice for same. These interests shall be satisfied by payment in full of the price.
    18. EXPORT CONTROL, SUSPENSION/DEBARMENT AND TRADE RESTRICTIONS
      All transactions under the Agreement shall at all times be subject to and conditioned upon compliance with all applicable export control laws and regulations and any amendments thereto. The parties hereby agree that they shall not, except as said applicable laws and regulations may expressly permit, make any disposition by way of transshipment, re export, diversion or otherwise, of any goods, technical data, or software, or the direct product thereof, furnished by either party in connection with the Agreement. The obligations of the parties to comply with all applicable export control laws and regulations shall survive any termination or discharge of any other contract obligations. Buyer shall provide immediate notice to Seller in the event of Buyer, or in the case of re-sale of Product by Buyer any of Buyer’s customers, being suspended, debarred, or declared ineligible by any government entity or upon receipt of a notice of proposed debarment from any such entity during the performance of the Agreement. In the event that Buyer is suspended, debarred, or declared ineligible by any government entity, Seller may terminate the Agreement immediately without liability to Buyer. Buyer also agrees that it will not resell or otherwise supply or export any Product sold to Buyer under the Agreement to Buyer’s customers that are (is): (i) a government of a country defined by the U.S. State Department as a “State Sponsor of Terrorism” or “SST”; or (ii) a company incorporated, formed or otherwise organized in a SST country or owned, in whole or in part, by the government of a SST country or a national of a SST country, regardless of where that company is located or doing business. Buyer understands and acknowledges that Buyer has an obligation to cooperate with Seller and to disclose the intended end-use, final destination of the Product and, if Buyer intends to resell or otherwise provide and export the Product purchased under the Agreement, the identities of Buyer’s customers, in order for Seller to determine the export eligibility of the sale of Product to Buyer. In addition, Seller may, from time to time and for business reasons, withdraw from and/or restrict its business dealings in certain foreign jurisdictions, regions, territories and/or countries and thus Seller may terminate the Agreement immediately without liability to Buyer upon written notification to Buyer.
    19. MISCELLANEOUS
      The Terms & Conditions supersede and replace any and all prior or contemporaneous agreements, understandings, arrangements or representations, whether oral or written heretofore made between the parties and relating to the subject matter hereof and constitutes the entire understanding of the parties with respect to the sale of Products by Seller to Buyer.  If either party, at its option, agrees to a waiver of any of the terms and conditions recited herein, such waiver shall not for any purpose be construed as a waiver of any succeeding breach of the same or any other terms and conditions; nor shall such a waiver be deemed as a course of conduct. If any provision or clause, or portion thereof, of the Terms & Conditions, or application thereof to any person or circumstances is held invalid or unconscionable, such invalidity or unconscionability shall not affect other provisions, or portions thereof, or applications of the Terms & Conditions which can be given effect without the invalid or unconscionable provision, or portion thereof, or application, and to this end the provisions of the Terms & Conditions are declared to be severable. Captions and heading in the Terms & Conditions are strictly for the purpose of convenience and general reference only and shall not affect the meaning or interpretation of any of the provisions herein. Except as required to obtain necessary licenses or governmental approvals, each party shall obtain the written approval (which approval shall not be unreasonably withheld) of the other in advance of the disclosure of any news releases, articles, brochures, advertisements, prepared speeches, and other information releases, relating to the subject matter hereof or the work performed or to be performed hereunder.
    1. FORMATION OF CONTRACT; ACCEPTANCE OF ORDER
      These MACHINERY TERMS AND CONDITIONS OF SALE (hereinafter “Terms & Conditions”), that are published on seller’s website and/or incorporated by attachment or by reference to seller’s formal quotation or proposal, shall apply to all orders for stand-alone machinery, including orders placed pursuant to Seller’s catalogs, or machinery lines, e.g. tube mills, duct lines, roll forming lines, etc. (collectively “Equipment”), between the purchaser (hereinafter “Buyer”) and the seller of the Equipment (hereinafter “Seller”). the Terms & Conditions, together with the sales covenants, the general specifications, the technical specifications, and any addendum thereto, including any acknowledgment by Seller, comprise the proposal or quotation (collectively the “Quotation”), which upon acceptance by Buyer become the “Contract”. Buyer shall be deemed to have accepted the Terms & Conditions through any of the following: (i) Buyer’s signature of Quotation, (ii) issuance of a purchase order or a purchase order number to Seller, (iii) receipt and acceptance of Equipment, (iv) payment of Seller’s invoice for the Equipment or any required initial deposit, (v) failing to provide Seller with written notice of rejection of Terms & Conditions within five (5) business days from the date of receipt of either the Equipment or Seller’s order acknowledgment or (vi) any other written indication by Buyer of its acceptance of the Quotation or offer of Equipment. Any order for Equipment received by Seller shall be reviewed and upon acceptance, acknowledged by Seller by a formal order acknowledgment or other written indication of acceptance. The effective date of any Contract or order for Equipment shall be the date accepted by Seller and receipt by Seller of any required initial deposit (“Effective Date”). Any terms and conditions contained in any purchase order, correspondence or accompanying payment for delivery of the Equipment, which are different from or in addition to the Terms & Conditions shall not be binding on Seller, whether or not they would materially alter the Contract, and Seller hereby objects thereto without further notice. The scope of work under any Equipment sale offered by Seller does not include any installation or start-up and commissioning of Equipment or any other on-site work (“Services”), unless specifically set forth otherwise in the price and details of the Contract. In the event that Seller does offer Services, such Services shall be governed either by the Seller’s service terms set forth in the Quotation or the Terms & Conditions in the absence of any other terms and conditions quoted by Seller.Any Quotation made by Seller either directly or by a dealer or sales representative of Seller shall expire in thirty (30) days from date of issuance, unless a shorter validity period is set forth in the Quotation, and after such time will no longer be valid. If Buyer wishes to consider purchasing Equipment offered in an expired Quotation, Seller shall either issue a new Quotation or extend the validity of the original Quotation within three (3) business days of a written request.
    2. CONFIDENTIALITY
      All information, including quotations, specifications, drawings, prints, schematics, and any other engineering, technical or pricing data or information submitted by Seller to Buyer in a Quotation or the Contract are the confidential and proprietary information of Seller; and Buyer and its employees, agents or other parties for whom Buyer is responsible may not disclose Seller’s confidential and proprietary information to any third party, or use Seller’s confidential and proprietary information for its own account or that of any third party, except in the performance of the Contract.  No transfer of ownership of any information provided by Seller to Buyer shall take place pursuant to fulfillment of the Contract.
    3. DRAWINGS AND DESIGNS; PERMISSIVE VARIATIONS
      Selection, application and design of machines, roller dies, tooling, accessories, options, and auxiliary equipment shall be based upon information furnished by Buyer.  Buyer shall make available to Seller in a timely manner all information reasonably necessary for Seller to complete the work specified in the Contract, including drawings, diagrams, specifications of all electrical, mechanical and structural interfaces, and shall promptly answer in writing all inquiries for information that Seller deems necessary from time to time to perform Seller’s obligations under the Contract.  Buyer understands that Seller is relying upon this information.All drawings submitted by Seller, if any, with the Contract are submitted only to indicate the general style and outline, suggested arrangement, and approximate overall dimensions of the Equipment quoted. Except as otherwise provided in the Contract for the approval of Buyer, no detailed shop or engineering drawings of any part of the Equipment will be furnished to Buyer. Notwithstanding the foregoing, Seller shall provide manuals, starter guides or other information for the safe operation and maintenance of the Equipment sold to Buyer under the Contract.If the Equipment is to be procured, designed and/or manufactured in accordance with Buyer’s specifications, Buyer represents that the drawings, prints and parts, if any, submitted in connection with its order reflect Buyer’s latest revisions of such specifications.  Any subsequent modification to Buyer’s specifications may result in a change to the Contract and Seller reserves its rights set forth in Section 5 CHANGE ORDERS below. With respect to tolerance, capacity, accuracy, production rates and the like, the terms set forth in the Quotation or Contract shall supersede Buyer’s specifications.Unless otherwise agreed to by Buyer and Seller in the Contract, the Equipment shall be manufactured in accordance with Seller’s standard practices as they exist from time to time. Equipment and machinery ordered herein are of the stated capacity and range, designed and built for operation with good commercial accuracy for the forming of sheet metal.  Capacity of the Equipment is set forth in the Contract with gauge references per the Standard Gauge for Sheet and Plate Iron and Steel, 15 U.S.C. §206.  All product that is produced by Buyer using the Equipment sold under the Contract, including that produced to meet any specification of Buyer, shall be subject to dimensions, tolerances, and variations consistent with usages of the trade for “sheet metal” and regular industry practice.No governmental or other specification other than the Seller’s shall be incorporated by reference herein unless a copy of said specification is agreed by Seller and attached to the Contract.  Any deviation in usage from the conditions as provided or as set forth in the Contract shall be at Buyer’s risk.
    4. PRICE; PAYMENT TERMS; PURCHASE MONEY SECURITY INTEREST
      The price and payment terms for the Equipment shall be set forth by Seller at the time of a Quotation however such terms are subject to revision and re-quote prior to acceptance of any order received from Buyer. Seller may also confirm, or revise, quoted or re-quoted price or payment terms (if mutually agreed upon) in Seller’s order acknowledgement to Buyer for Buyer’s review and agreement. All payment terms and schedules are subject to Seller’s credit approval as of the time of the order and prior to shipment.  Unless otherwise set forth in the order acknowledgement, payments are due to Seller from Buyer no later than immediately upon Buyer’s receipt of an invoice from Seller.If Buyer requests that the Equipment availability date and/or scheduled date for shipment be extended or otherwise changed, such request shall be considered to be a Buyer-proposed Contract change and shall be addressed as set forth in Section 5. Change Orders. Once the Equipment is near completion and/or is ready for preparation for either in-factory demonstration or shipment and either is delayed by any act or omission of Buyer beyond the scheduled date, Buyer shall pay any amounts that are due under the Contract upon Seller’s notification to Buyer that the Equipment is ready for, and prior to, shipment, or any similarly worded language, within fourteen (14) days after the originally scheduled delivery date regardless of whether shipment has occurred.  If the scope of work to be provided by Seller includes Services and such Services are delayed by any act or omission of Buyer beyond the scheduled date, then final payment of all amounts due from Buyer as set forth in the Contract shall be due thirty (30) days after the originally scheduled shipment date.Time is of the essence with respect to all payments. Payments that are outstanding more than ten (10) days from their respective due date shall bear an interest rate of one and one-half percent (1 ½%) per month (eighteen percent (18%) annually) until fully paid, including any interest accruing thereon. If the rate of interest stated in the preceding sentence exceeds the maximum rate of interest that the applicable state law allows, then the rate of interest that will be accrued shall be at the applicable state maximum. In the event Buyer does not pay within the terms of the Contract, all collection costs incurred by Seller, including reasonable attorneys’ fees will be paid by Buyer.Payment for the sale of Equipment shall not be subject to offset, deduction, or back charges by Buyer.  Any sums that have been deducted by Buyer in violation of this paragraph shall be considered overdue and are subject to the above interest charge and collection costs.The price set forth in the Contract and all payments due to Seller from Buyer shall be in the lawful currency of the United States of America unless otherwise set forth in the Contract.Unless otherwise set forth in the Contract the terms of payment for international transactions shall be as follows: A deposit in an amount specified by Seller shall be paid via wire-transfer upon placement of order (“Initial Deposit”) and the balance of the total purchase price shall be paid upon Seller’s notification to Buyer that the Equipment is being readied for international shipment. If a letter of credit is to be used to cover any payments, Buyer shall open, in favor of Seller, an irrevocable, documentary Letter of Credit in the amount equal to those payments in the specific form and format described in Seller’s letter of credit instructions incorporated into the Contract by attachment or reference. The minimum requirements for any such letter of credit are that it (i) must be payable “at sight” at the counters of Seller’s bank in the USA, (ii)  allow for confirmation by Seller’s bank, (iii) allow partial shipments and partial draws from any point of origin, (iv) allow trans-shipment, (v) specify the latest date of shipment for the Equipment to be at least sixty (60) days after the estimated delivery time indicated in the Contract, (vi) remain valid for at least sixty (60) days beyond the latest date of shipment, (vii) not require any documentation for collection other than those specified and agreed upon by the Seller and (viii) specify that bank charges in addition to those charges by Seller’s bank shall be payable by the Buyer. If the letter of credit is advised or in any way processed by additional banks other than Buyer’s original issuing bank and Seller’s specified advising bank, Buyer shall be responsible for any fees charged by such additional banks. In the event that Buyer elects to use an issuing bank with which Seller’s bank does not have a corresponding or SWIFT relationship, Seller reserves the right to require payment by electronic transfer in advance of shipment in lieu of acceptance of a letter of credit. The Buyer agrees to have its issuing bank forward a draft version of the letter of credit to Seller for its review and approval prior to issuance of the final version.For domestic transactions, notwithstanding any passage of title, Seller reserves a Purchase Money Security Interest under the Uniform Commercial Code in the Equipment and in the proceeds derived from such Equipment.  At any time upon request of Seller, Buyer shall execute and provide Seller with such documents as Seller may require, including, but not limited to, a Security Agreement, one or more Financing Statements, signed waivers and consents from land-owner(s) and mortgagee(s) and provide to Seller evidence of other actions necessary to perfect any such Purchase Money Security Interest.
    5. CHANGE ORDERS
      Changes to the price, payment schedule, design, specifications, submittals, scope of supply, estimated delivery schedule, Equipment demonstration site, shipping instructions of the Equipment or any material term of the Contract, may only be made upon execution by Buyer and Seller in writing (“Change Order” or “Amendment”). Such Change Order shall state the parties’ agreement on (i) change in the specifications, designs, scope of work, delivery schedule or shipping instructions for the Equipment, (ii) an adjustment to the purchase price, if any, and (iii) an adjustment in the indicated date of shipment of the Equipment and/or the period of performance. Both parties agree and acknowledge that unless a Change Order is agreed upon in writing by both parties, the Contract shall not be modified in any manner. In addition, Seller has the right to suspend its performance on the portion of the Order potentially affected by a proposed change without liability during the period while the change is being evaluated, negotiated, and agreed.In the event Buyer has communicated proposed changes to Seller, Seller, at its sole discretion, shall either (a) accept the Change Order; (b) reject the Change Order and continue performance under the existing Contract; or (c) cancel the Contract. In the event that Seller elects (b) above, Buyer shall either (i) agree to continue performance (of Seller) pursuant to the Contract or (ii) cancel the Contract.
    6. DEFAULT; CANCELLATION/REMEDIES
      If Buyer fails to perform any of its obligations hereunder, including without limitation, failure to make payments as provided in Section 4  or otherwise, or if Buyer fails to promptly give reasonable assurances of future performance when requested by Seller, then Seller may, upon five (5) days’ written notice to Buyer, declare Buyer to be in default and Seller may suspend performance of its obligations hereunder without liability and retain all rights and remedies Seller may possess at law, in equity and/or as provided in the Terms & Conditions.In addition to the remedies noted in Section 5 above, to the extent that (i) Seller declares a default under this Section 6 or (ii) if an order, or portion thereof, for Equipment that Seller considers to be standard Equipment is cancelled for any reason, other than (a) default by Seller or (b) Force Majeure, Buyer will make payment to Seller in an amount which shall equal all incurred costs (direct material, labor, burden, and application engineering) on the completed work plus thirty percent (30%) of the incurred costs net of any payments previously made by Buyer to Seller under the Contract. If an order, or portion thereof, for Equipment considered by Seller to be non-standard Equipment, i.e., built to Buyer specifications or otherwise customized, is cancelled for any reason, other than (a) default by Seller or (b) Force Majeure, then Seller reserves the right to charge Buyer up to 100% of the price of the cancelled non-standard Equipment.
    7. TAXES, PERMITS, FEES, LAWS
      Unless expressly stated in Seller’s invoice, Quotation or the Contract, the purchase price for the Equipment furnished hereunder excludes all governmental or brokerage taxes, duties, fees, charges, or assessments.  Seller may elect to add any such taxes, duties, fees, charges, or assessments to the invoice amount payable to Seller by Buyer.  Buyer must provide to Seller in advance of the shipment of the Equipment documentation in a form and substance acceptable to Seller of any exemptions claimed from taxes, duties, permits, fees, charges, or assessments. Except to the extent expressly assumed by Seller, Buyer shall secure and pay for all permits and fees necessary for the delivery and installation of the Equipment.It is Buyer’s duty to ascertain that the Equipment proposed by Seller and its subsequent installation and use is in accordance with applicable local laws, statues, ordinances and building codes (“laws”).  Seller shall not be responsible for compliance of the Equipment to such laws, but shall to the extent reasonably possible, promptly notify Buyer of any discrepancies that come to Seller’s attention.
    8. SELLER’S PERFORMANCE DATES; DELIVERY TERMS; TITLE; RISK OF LOSS;
      Seller shall use all commercially reasonable efforts to conduct factory demonstration (if required) and shipment of the Equipment or to perform Services (if included in the scope of supply) as soon as reasonably possible after the Effective Date of an order and timely receipt of any necessary information required for the manufacturer of the Equipment from Buyer however Seller is not responsible for any actual, indirect, incidental or consequential damages arising by reason of any delay in demonstration, shipment or provision of Services. The quoted dates for any in-factory demonstration, shipment or Services of the Equipment are estimates based on Seller’s production loading, capacity, available resources and/or third-party manufacturer’s estimates of material and component availability at the time of Quotation and may be set forth as a range of weeks after the Effective Date of order. The time estimates are not intended to be exact dates but rather reasonable  estimates for the time anticipated by Seller to prepare the Equipment for factory demonstration (if required) and to be subsequently prepared for shipment.For certain orders, it will be necessary for Buyer to provide and/or confirm to Seller certain information regarding the Equipment before Seller can provide a reasonable estimate of completion of the manufacturing process. This information might include, but not be limited to, the floor space allocation for the Equipment, layout and location of existing equipment, building support columns and/or any other obstructions, Equipment layout, line direction, location of equipment controls, power and/or air drop locations, ‘pass line’ height, and/or electrical/voltage requirements, etc., (“Buyer-provided Info”). In such cases, Equipment availability may be estimated in a range of weeks from time Seller is in receipt of all final Buyer-provided Info. If Seller requires such Buyer-provided Info, Seller shall submit a request to Buyer, typically referred to as a ‘Layout’, ‘Line’ or ‘Approval’ drawing or similar form as soon as reasonably possible after the effective date of the Contract. Upon receipt of Buyer’s approval and/or provision of the required information, Seller shall proceed with the manufacturing process. If the drawings submitted by Seller to Buyer require changes, Buyer shall submit such request for changes to Seller within seven (7) days of Buyer’s receipt of Seller’s original drawing(s) and/or request for information. Seller shall respond promptly and re-submit revised drawing(s) to Buyer for approval. Buyer shall then provide its approval within seven (7) days of receipt of the revised drawing(s). Delays in Seller’s receipt of Buyer-provide Info, requests or Buyer approval for changes thereto may result in additional time being required for the Equipment to be available. The dates for completion of roll tooling and product profile designs (if applicable) are subject to revision based upon the results of preliminary design review and testing. Seller reserves the right to reschedule shipment of roll tooling and the associated equipment until the profile meets the agreed-upon specifications and dimensional requirements for the profile. Upon notification to Buyer from Seller that Equipment is ready for shipment, Buyer must promptly meet all of its obligations hereunder, including but not limited to making any required payments, shipping arrangements, site and installation preparations and requirements and/or all other obligations noted in the Contract and acknowledgment.The term of delivery for all Equipment shall be “EXW (Ex Works) Seller’s or manufacturer’s factory” (Incoterms 2020 or current version), (“Delivery”), with freight routing at the discretion of the Buyer unless otherwise agreed between the parties and confirmed in writing.  The term “Deliver”, “Delivery” and/or “Delivered” shall refer to the transfer of Equipment to the Buyer as described in the Delivery term.  Prices do not include transportation charges, or transit insurance all of which are the responsibility of Buyer. Seller may at its sole discretion, upon request by Buyer, provide Buyer with the services of arrangement and prepayment of transportation of the Equipment on behalf of Buyer provided that Buyer agrees to pay Seller for such services including reimbursement of all charges associated with the transportation (and storage) of Equipment to Buyer’s designated location within the continental USA as well as reasonable service charges immediately upon Buyer’s receipt of Seller’s invoice. In the event that Seller arranges and prepays for the transportation of Equipment on Buyer’s behalf, the Delivery term shall remain as EXW (EX Works Manufacturer’s Factory, Incoterms 2020 or current version) and Buyer is responsible for the risk of loss or damage and to insure the Equipment during transit, at its sole cost. Buyer understands and agrees that the Contract price is based upon Seller shipping all Equipment when it is completed by Seller. If multiple or partial shipments are required by Buyer, Buyer must notify Seller at time of order placement of such requirement.  If multiple or partial shipments are requested or are necessary because of acts or omissions on the part of Buyer, then Seller reserves the right to adjust the price to reflect any additional costs that Seller may incur as a result of such multiple or partial shipments.Title and risk of loss to the Equipment for all purposes shall pass to Buyer upon the earlier of (i) acceptance of the Equipment by Buyer in Seller’s factory as set forth in Section 13 or (ii) Delivery as defined above.
    9. DELAYS, FORCE MAJEURE; SUSPENSIONSIf Seller is delayed at any time by the acts or omissions of Buyer, Buyer’s agents, subcontractors or material suppliers, Change Orders, or by any Force Majeure defined below then the period of performance shall automat-ically be extended to accommodate Seller’s revised engineering and production schedules, material purchases and/or labor remobilization.
      1. “Force Majeure” means circumstances beyond the respective party’s reasonable control, including without limitation, acts of God, acts of public enemies, wars, other hostilities, blockades, insurrections, riots, epidemics, pandemics (whether officially declared by public health officials or not), quarantine restrictions in Seller’s, manufacturer’s or Buyer’s or end-user’s locations, floods, unavailability of components or supplies from any sources limited by engineering specifications or by similar Force Majeure events, lightning, fire, storms, earthquakes, severe weather, blizzard, washouts, arrests, restraints of rulers and people, civil disturbances, acts of any governmental or local authority, and any other acts and causes, not within the control of the party claiming excuse from performance, which by the exercise of due diligence and reasonable commercial effort, that party shall not have been able to foresee, avoid or overcome.
      2. During the period of any Force Majeure condition, the parties shall cooperate to perform under the Contract to the best of the parties’ abilities.
      3. If either party in good faith is rendered wholly or partially unable by Force Majeure conditions to carry out its obligations under the Contract, or if Seller’s supplier is unable to provide Equipment or materials, and if that party gives prompt written notice and full particulars of such Force Majeure condition to the other party, that party shall be excused from performance of its obligations during the continuance of any such inability, but for no longer period. Such cause shall be remedied to the extent possible with all reasonable speed, and with all reasonable commercial efforts, and notice shall be given when the cause is remedied.
      4. Notwithstanding the provisions of sub-part (c), if performance by a party is precluded or restrained by Force Majeure for more than one hundred-eighty (180) days from the onset of the underlying Force Majeure event, either party may terminate the Contract upon written notice to the other. In the event that Seller is delayed by the failure of Buyer to provide access to the site or furnished Equipment, information or services in accordance with the schedule and requirements set forth in the Contract, Seller shall receive an equitable adjustment to the delivery schedule, and Contract price. DELAYS, FORCE MAJEURE; SUSPENSIONS
        If Seller is delayed at any time by the acts or omissions of Buyer, Buyer’s agents, subcontractors or material suppliers, Change Orders, or by any Force Majeure defined below then the period of performance shall automatically be extended to accommodate Seller’s revised engineering and production schedules, material purchases and/or labor remobilization.

      Seller reserves the right to suspend, without any liability to or recourse from Buyer, all or part of the Services (if included) to be performed (including the commissioning and shipment of Equipment) during any period when, in the reasonable judgment of Seller, the health and/or safety of Seller and/or its subcontractors’ personnel performing any such service could be jeopardized.

    10. SOURCE OF EQUIPMENT
      Seller reserves the right to manufacture the Equipment at any one or more of its world-wide facilities and the price of the Equipment shall not be affected by the source of the Equipment.  The Seller’s factory at which the Equipment demonstration will be conducted under Section 13 below will be communicated to Buyer in the Quotation or with Seller’s order acknowledgment.  Any request by Buyer for a change to that location of the Equipment demonstration or other testing will require the issuance of a Change Order, including a change in Contract price, in accordance with Section 5, above.  Buyer shall notify Seller as soon as possible, but not later than five (5) business days of the date of Seller’s order acknowledgement whether the source of the Equipment may conflict with Buyer’s requirements for country of origin labeling, content restrictions, or duty or freight, and Buyer and Seller shall consult with each other on the possible impact of such requirements on the Contract price.  Buyer’s failure to notify Seller within the five (5)  day notice period shall create an irrefutable presumption that the source(s) of the Equipment is(are) acceptable to Buyer and that Buyer will bear the costs and consequences thereof.
    11. INSTALLATION
      The scope of work does not include Services unless specifically set forth in the Contract and Buyer is responsible for the installation of the Equipment including, without limitation, all civil engineering work and foundations, unloading, unpacking and proper positioning of Equipment, pre-aligning and anchoring of Equipment, disposal of packing materials, filling of all fluid reservoirs and provision of and connecting all electrical wiring, electronic connections and utility services required for the Equipment and the costs of the foregoing. Seller’s service department can make a service technician available for consultation on site to assist Buyer with the Buyer’s responsibilities listed below. This service will be priced at Seller’s usual and customary daily service rates plus reasonable expenses.The Equipment may require special footings, foundations or floor surfaces depending upon the depth and condition of the existing concrete slab, foundation, or floor surface and other physical conditions all of which are the responsibility of Buyer. Upon written request, Seller will furnish a layout or foundation drawing to assist Buyer in the installation, which drawing shall be approved in writing by Buyer as set forth in Section 8. Such layout or foundation drawings are approximate and are submitted only to assist Buyer with respect to installation. Specifically, Buyer is responsible at its sole expense:

      • for all site preparation, foundations, pits and government permits;
      • to remove the Equipment from the shipping containers and place it in approximate position on the plant floor;
      • to remove all packing materials and clean the Equipment;
      • to provide and install all Equipment/foundation anchors according to instructions provided by Seller;
      • to reconnect the inter-connect wiring per the electrical drawings provided;
      • to provide air lines to all of the machines comprising the Equipment per the approved lay-out drawing;
      • to connect appropriate power to the machine control console;
      • for proper maintenance and safe operation of the Equipment;

      If Services, and/or operator training are included in the price, unless otherwise expressly stated in the Contract, it shall be specified for a fixed number (depending upon the type of machinery) of eight (8) hour business days then Buyer is responsible at its sole expense:

      • for economy or equivalent class air travel, hotel, meals, ground Transportation as well as any expenses incurred (i.e.; tolls, parking fees, parts requirements, etc.) for the Seller’s service technician(s)’s visit
      • to provide any lifting equipment as required by the Seller’s service technician
      • to provide sufficient quantities of conforming material for start-up and testing of the machine
      • to provide one maintenance person full time to assist the Seller’s service technician during the start-up and training
      • to make all operators available on the first shift for training in start-up, operation and maintenance

      Any additional Services over the included fixed number of business days set forth in the Contract are available at Seller’s usual and customary daily service rates as announced from time to time plus reasonable expenses.

    12. LAWS/SAFETY STANDARDS
      The Equipment furnished hereunder conforms to the applicable ANSI standards.  However, the Buyer and authorized end user are the parties responsible under the terms of all applicable Federal, state, local, regional and international laws applicable to the sale and use of the Equipment including but not limited to UL, AMCA, AHRI, ASHRAE, CSA, ETL, NRCAN, NFPA-54, NFPA-31 and  the Occupational Health and Safety Act of 1970 (collectively the “Standards”), or the industrial safety laws applicable to the facility where the Equipment is installed, to ensure the Equipment and any equipment into which the Equipment is installed meet such requirements, and Seller hereby disclaims any liability for any violations of the Standards or other applicable standard, regulation or law covering the safe operation of the Equipment and the equipment into which the Equipment is installed that may be imposed with respect to the Equipment furnished under any sale. Buyer shall (i) pass all applicable safety information to its authorized end-user, (ii) train, require and cause its employees to comply with directions set forth in maintenance, safety and operation instructions, manuals, drawings, safety notices and warnings and other instructions that might be furnished by Seller or labelled on Equipment; (iii) use reasonable care and install as recommended by Seller all safety equipment and applicable safety guards, presence sensing devises, light curtains, pressure relief valves and safety systems in the set-up, adjustment, operation and maintenance and repair of the Equipment and the equipment into which the Equipment is installed; (iii) not remove, or permit anyone to remove any safety equipment, safety feature, warning placards, labels or warning signs of any types from the Equipment and the equipment into which the Equipment is installed nor permanently remove, wire around, by-pass or disable any presence sensing devises, light curtains, guards or safety features; and (iv) assure that the Equipment and the equipment into which the Equipment is installed are used in accordance with all applicable laws, regulations, permits and customary standards in force.In addition to the foregoing, seller manufactures and sells its equipment in accordance with and not infringing on the customs, specifications, patents and standards of trade in force and in use and known to seller in the united states of America.  It is the responsibility of the buyer to assure that the equipment is used in accordance with and not infringing upon the customs, specifications, patents and standards of trade in force and in use in the country of installation.
    13. EQUIPMENT DEMONSTRATION AND ACCEPTANCE
      For certain Equipment, the Seller may determine that testing in Seller’s factory in the presence of Buyer (“Demonstration”) is required. If Seller does not require a Demonstration, Buyer may request a Demonstration however Buyer understands that unless Seller included a Demonstration in its Quotation, then Buyer’s request for the addition of a Demonstration shall be considered as a request for a change to the Contract (reference Section 5). Buyer may also witness the standard final quality testing that Seller routinely performs prior to shipment from its factory at no additional charge. In the case of Demonstration, Seller will demonstrate the Equipment at its facility only to the extent that the Equipment can be appropriately demonstrated at such location.  If material is to be part of the testing process, Buyer is responsible to furnish, freight prepaid, the required amount of material necessary for this purpose. Such material must be of acceptable quality and conform to the material properties as specified in the Contract.The successful Demonstration of the Equipment shall constitute acceptance by Buyer of the Equipment and Buyer agrees to execute a certificate generated by Seller, in Seller’s presence and prior to shipment of the Equipment so stating. Such certificate shall also constitute passage of title to Buyer and permission to ship the Equipment after completion of any checklist, tear down and packaging. Buyer further agrees to execute a “clean” certificate after the completion of the checklist upon Seller’s request.If Seller determines that a Demonstration is required, Buyer may request Seller to waive Buyer’s requirement to attend the Demonstration and agrees to accept alternative confirmation of the successfully completed factory testing. If Seller agrees, then Seller shall provide Buyer with copies of data sheets, photographs or video of the Demonstration results at Seller’s discretion, that accurately convey the results of the testing conducted by Seller in its factory in Buyer’s absence (“Test Results”). In such cases, Buyer understands and agrees that Seller’s provision of Test Results shall create an irrefutable presumption that the Equipment is accepted by Buyer. In such cases, if material is to be part of the testing process, Buyer is not relieved of its responsibility to furnish, freight prepaid, or reimburse Seller for the cost of the required amount of material necessary for this purpose.In the absence of any Demonstration at Seller’s facility, Buyer’s receipt of the Equipment delivered hereunder shall be an unqualified acceptance of the Equipment and shall also constitute a waiver of any defect which reasonable inspection would have revealed unless Buyer gives Seller notice of rejection of the Equipment within thirty (30) days after such receipt.  In the event that Buyer gives such notice of rejection, Buyer shall afford Seller (i) reasonable opportunities to inspect any alleged non-conforming Equipment and ii) a reasonable opportunity to make the Equipment conforming or provide substitute conforming Equipment.  Buyer shall not return any Equipment without Seller’s prior written consent.
    14. DISPUTE RESOLUTION/GOVERNING LAW
      All claims, disputes or controversies (whether in contract or tort, pursuant to statute or regulation, or otherwise, and whether pre-existing, present or future) arising out of or relating to:  (a) the Terms & Conditions; (b) any advertisement, promotion, or proposal relating to the Terms & Conditions, or (c) the relationship which results from the Terms & Conditions (including relationships with third parties who are not party to the Terms & Conditions) (collectively “Claims”) will be resolved, first, by a formal mediation conducted by an experienced mediator mutually agreed upon by Buyer and Seller, and, if mediation should fail to resolve the claim or dispute, secondly, by reference to and determination by binding arbitration governed by the Federal Arbitration Act and administered by the American Arbitration Association under its rules for the resolution of disputes, or under other mutually agreed procedures. Any such proceedings under mediation or arbitration shall be conducted in Springfield, Massachusetts in the United States of America, and the proceedings shall be conducted, and all submissions of the parties and rulings of the arbitrator(s) shall be in the English language. Notwithstanding the rules of the arbitral body, the parties agree that (a) any arbitration proceeding shall be presided over by a neutral arbitrator selected by the parties who shall be admitted to the practice of law and be in good standing or in retirement status in the jurisdiction where the proceeding is held, (b) guidelines for “discovery” of facts through document production and deposition of witnesses by the parties shall be delineated by the arbitrator in writing, conducted in an orderly manner, conducted over a fixed period not to exceed 90 days — and failures to reasonably comply shall be subject to summary process in a court of law in the jurisdiction where the arbitration is being conducted, (c)  the decision of the arbitrator shall be based on the relevant and credible facts as presented into evidence and (d) the arbitrator shall prepare a written memorandum of decision setting forth the findings of fact and conclusion of law.  Because this method of dispute resolution is personal, individual and provides the exclusive method for resolving such disputes, Buyer further agrees, to the extent permitted by applicable laws, to waive any right to commence or participate in any class action or class-wide litigation or arbitration against Seller related to any Claim. BOTH PARTIES WAIVE THE RIGHT TO A JURY TRIAL.Buyer agrees that in the event of any breach of the Contract by Buyer that may cause irreparable harm to Seller for which an award of money damages is insufficient relief, Seller may, in addition to any remedies which Seller may have available to it, pursue injunctive or other equitable relief in a court of competent jurisdiction to prevent or curtail any breach by Buyer of its obligations to be performed under the Contract.  All remedies provided to Seller under the Contract are cumulative and may be exercised by Seller singularly or in conjunction with other available remedies, from time to time and at any time.This provision shall survive the termination of the Contract.The Governing law shall be the laws of the Commonwealth of Massachusetts. With respect to international transactions, the UN Convention on the international sale of goods is hereby excluded from application to the Contract.
    15. WARRANTY
      Unless Seller offers additional or an alternate warranty in the Quotation, website or other written correspondence applicable to an order, Seller warrants to the original purchaser that the Equipment provided under the Contract shall be free from defects in material or workmanship for a period of up to one (1) year, depending upon the specific machine, measured from the date of shipment. If the Equipment or scope of supply contains electrical controls, control upgrades and/or VFD motor(s), the effective period of warranty for such items may be shorter than one (1) year. Refer to the Quotation for details. The foregoing warranty will become void, and Seller will have no obligation whatsoever under this warranty, with respect to any of the following: Equipment that is (i) not used or maintained in a normal and proper manner, in accordance with any manuals or instructions that might be provided by Seller; (ii) Equipment that is modified, altered or repaired without the prior written approval of Seller; (iii) Buyer fails to make any payments when due under Section 4 or otherwise in the Contract or (iv) Equipment that is assigned, sold or transferred to an entity other than the Buyer unless Buyer is a financing entity, lessor, sales representative, dealer or authorized reseller and has notified Seller in advance at time of order that Buyer will not be the end-user of the Equipment in which case the Product warranty may, at Seller’s option and discretion, be transferred to the end-user upon written request by Buyer. Seller will repair or replace at its option components which upon inspection it finds to be defective, based on claims made in writing to Seller within a reasonable time after discovery and within the warranty period.  Components alleged to be defective must be returned to Seller for repair or replacement, freight prepaid, within thirty (30) days of Buyer’s receipt of the Seller-issued return authorization number, which must be clearly marked on the outside of the return container. Replacement components shall be shipped from Seller upon Buyer’s request and receipt of a valid purchase order number so the validity of the warranty can be determined. Unless otherwise specified, replacement components shall be Delivered to Buyer “EXW (EX Works) Seller’s factory or designated location” (Incoterms 2020 or current version). Any labor or equipment rental costs incurred at Buyer’s site in the dismantling and reassembly of the Equipment shall be at Buyer’s sole expense. Notwithstanding the foregoing, in addition to the ‘repair/replace’ remedy available to Buyer as set forth above, upon Buyer’s notification to Seller of a defect that is materially impairing the operation of the Equipment, Seller shall provide technical support via telephone or other electronic means to assist Buyer in identifying the cause and make recommendations for repair. If, at any time during this process, Seller determines in its sole discretion that it is unreasonable to expect Buyer’s personnel to be able to repair the defect without on-site assistance from Seller, Seller shall then travel to Buyer’s site, as soon as reasonably possible, at no additional charge to Buyer, to evaluate the situation and effect a prompt repair. If the cause of the defect is unrelated to defects in Seller’s workmanship or material, Buyer shall reimburse Seller for the expenses and Seller’s labor associated with the visit to Buyer’s site.This warranty excludes equipment, materials and components furnished by the Seller but manufactured by another party, which may be incorporated in the Equipment. Such components and equipment shall bear no warranties other than the warranties extended by and enforceable against the manufacturer thereof at the time of Delivery to Buyer (which warranties Seller will furnish on Buyer’s written request), for the period stated in that warranty. If the Equipment (machinery, controls or tooling) is or includes re-built machinery, the warranty does not extend to, include or cover any used machined parts, fabrications or components whether supplied or provided by Buyer or otherwise that are not replaced by Seller as part of the re-building process. If Equipment or components is deemed by Seller, or in the case of a component, the manufacturer of the component, to be obsolete, such Equipment or components shall bear no warranty.THE WARRANTY STATED HEREIN IS PERSONAL TO BUYER AND SELLER MAKES NO OTHER WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE EQUIPMENT FURNISHED HEREUNDER AND DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. THE ABOVE WARRANTY SHALL CONSTITUTE BUYER’S EXCLUSIVE REMEDY WITH RESPECT TO THE EQUIPMENT FURNISHED HEREUNDER.If Buyer removes or permits anyone to remove or disable any safety equipment, presence sensing devices, light curtains, guards, safety feature, warning placards, labels or warning signs from the Equipment of any equipment into which the Equipment is installed, or fails to observe any condition in this Section 15, or if any injury or damage is caused, in whole or in part, by the end-user’s failure to comply with applicable federal, state or local safety requirements or Seller’s instructions as set forth in Section 12 above, Seller shall have no obligation to Buyer, and Buyer shall indemnify and hold Seller harmless against any claims, loss or expense for injury or damage arising from the improper use of the Equipment.  Seller specifically disclaims any and all liability arising out of the operating of the Equipment other than the warranty liabilities to the original Buyer.
    16. LIMITATION OF LIABILITY
      BUYER UNDERSTANDS AND ACKNOWLEDGES THAT WITH RESPECT TO THE CONTRACT, SELLER SHALL NOT BE LIABLE FOR ANY SPECIAL, DIRECT, INDIRECT, CONSEQUENTIAL, PUNITIVE OR INCIDENTAL DAMAGES OF ANY KIND, OR LABOR, EXPENSES, LOST PROFITS, LOST OPPORTUNITIES, OR SIMILAR DAMAGES OF ANY KIND; AND REGARDLESS OF THE LEGAL THEORY OR CAUSES OF ACTION BY WHICH CLAIMS FOR ANY SUCH DAMAGES AS SET FORTH IN THE ENTIRETY OF THE CONTRACT ARE ADVANCED, WHETHER OR NOT SUPPLIER HAS BEEN ADVISED OF THE POSSIBILITY OF ANY SUCH DAMAGES.
    17. INDEMNITY
      Buyer agrees to indemnify and hold harmless Seller and its vendors from any and all claims or liabilities asserted against Seller or its vendors in connection with the manufacture, sale, delivery, re-sale, or repair or use of any Equipment covered by or furnished under the Contract arising in whole or in part out of or by reason of the failure of Buyer, its agents, servants, employees or customers to follow directions, instructions, warnings or recommendations furnished by Seller or its vendors in connection with such Equipment, or by reason of the failure of Buyer, its agents, servants, employees or customers to comply with all federal, state or local laws and regulations applicable to such Equipment, including the Occupational Safety and Health Act of 1970, or by reason of the negligence of Buyer, its agents, servants, employees or customers.
    18. PATENT INDEMNITY
      Buyer represents and warrants that the methods, directives, specifications, or designs for Equipment or tooling that Buyer provides to Seller shall be the property of Buyer or at a minimum, shall be free of any claim by a third party as to ownership or license or any infringement on a patent, trademark or other intellectual property right. In the event that the Buyer provides methods, directions, specifications or designs for Equipment or tooling, Buyer shall indemnify and hold Seller harmless from and against any and all claims, demands, actions, lawsuits, proceedings, liabilities, losses, costs, expenses (including without limitation attorneys’ fees) arising from or related to any actual or alleged infringement of any United States patents of any third party resulting from the methods, directions, specifications or design of the Equipment or tooling supplied or required by Buyer for the Equipment or the production of any parts or the processing of any material on the Equipment. If a permanent injunction shall prohibit the use, sale or distribution of the Equipment or any part thereof by reason of any patent infringement covered by this indemnity, Buyer shall, at its own expense, either (a) procure for Seller a license for the right to continue using the Equipment or the part thereof found to be infringing; (b) replace or modify the Equipment or any part thereof found to be infringing so that the same becomes non-infringing, without any increase in the price of the Equipment, or (c) reimburse Seller for the purchase price of the Equipment. The provisions of this section shall survive the performance or termination of the Contract.
    19. SOFTWARE LICENSE/IP LICENSE
      If any software programs are deliverable, Buyer shall have a temporary license to such software only, until full payment has been made whereupon Buyer shall receive a full license to the use of the software in accordance with the terms and conditions of that license and as set forth below. The temporary license can be suspended or terminated by Seller at any time without notice to Buyer after the period for payment by Buyer has expired. For the sake of clarification, Buyer understands and acknowledges that failure to pay for the Equipment in accordance with the Contract may result in the termination of the temporary software license and disruption of operation and service. In addition, such license of Seller, and any licenses procured by Seller on Buyer’s behalf are not transferrable without notice to Seller and payment of the required transfer fee.Upon Seller’s receipt of full payment and subject to Buyer’s compliance with all material obligations under the Contract, Seller hereby grants to Buyer a nonexclusive, perpetual, nontransferable right and license to use copies of software programs embedded in, or used in connection with, Equipment which Buyer has purchased hereunder, in Object Code only, for use by the Buyer only, in conjunction with the Equipment. No modification, download, transfer, or preparation of derivative works of such software whatsoever is permitted. Seller will not supply any Source Code under the Contract. Subject to Buyer’s compliance with the terms of the Contract, Seller grants to Buyer a non-exclusive, limited license to use Seller’s intellectual property that is incorporated in the Equipment for its own account for the purposes intended in operating the Equipment. Notwithstanding the foregoing, Seller is, and shall be, the exclusive owner of such intellectual property and retain all right, title and interest in such intellectual property.
    20. EXPORT CONTROL, SUSPENSION/DEBARMENT AND TRADE RESTRICTIONS
      All transactions under the Contract shall at all times be subject to and conditioned upon compliance with all applicable export control laws and regulations and any amendments thereto.  The parties hereby agree that they shall not, except as said applicable laws and regulations may expressly permit, make any disposition by way of transshipment, re export, diversion or otherwise, of any goods, technical data, or software, or the direct product thereof, furnished by either party in connection with the Contract.  The obligations of the parties to comply with all applicable export control laws and regulations shall survive any termination or discharge of any other contract obligations. Buyer shall provide immediate notice to Seller in the event of Buyer, or in the case of re-sale of Equipment by Buyer any of Buyer’s customers, being suspended, debarred, or declared ineligible by any government entity or upon receipt of a notice of proposed debarment from any such entity during the performance of the Contract.  In the event that Buyer is suspended, debarred, or declared ineligible by any government entity, Seller may terminate the Contract immediately without liability to Buyer. Buyer also agrees that it will not resell or otherwise supply or export any Equipment sold to Buyer under the Contract to Buyer’s customers that are (is):  (i) a government of a country defined by the U.S. State Department as a “State Sponsor of Terrorism” or “SST”; or (ii) a company incorporated, formed or otherwise organized in a SST country or owned, in whole or in part, by the government of a SST country or a national of a SST country, regardless of where that company is located or doing business. Buyer understands and acknowledges that Buyer has an obligation to cooperate with Seller and to disclose the intended end-use, final destination of the Equipment and, if Buyer intends to resell or otherwise provide and export the Equipment purchased under the Contract, the identities of Buyer’s customers, in order for Seller to determine the export eligibility of the sale of Equipment to Buyer.  In addition, Seller may, from time to time and for business reasons, withdraw from and/or restrict its business dealings in certain foreign jurisdictions, regions, territories and/or countries and thus Seller may terminate the Contract immediately without liability to Buyer upon written notification to Buyer.
    21. MISCELLANEOUS
      The Contract supersedes and replaces any and all prior or contemporaneous agreements, understandings, arrangements or representations, whether oral or written heretofore made between the parties and relating to the subject matter hereof and constitutes the entire understanding of the parties with respect to the subject matter of the Contract.If Buyer intends to resell or otherwise transfer the Equipment, Buyer must advise its customer of the details of the Warranty, Limitation of Liability, Software and IP License and Export Control, Suspension/Debarment And Trade Restrictions contained in Sections 15, 16, 18, 19, and 20 respectively.The language of the Contract and any related correspondence, including notices to either party shall be English. In the event that any translations of the Contract or portions thereof to another language are included in the Contract documentation, the parties understand and agree that such translations are for convenience and the English version shall take precedence in the event of any conflict or inconsistency.If either Party, at its option, agrees to a waiver of any of the terms and conditions recited herein, such waiver shall not for any purpose be construed as a waiver of any succeeding breach of the same or any other terms and conditions; nor shall such a waiver be deemed as a course of conduct.If any provision or clause, or portion thereof, of the Contract, or application thereof to any person or circumstances is held invalid or unconscionable, such invalidity or unconscionability shall not affect other provisions, or portions thereof, or applications of the Contract which can be given effect without the invalid or unconscionable provision, or portion thereof, or application, and to this end the provisions of the Terms & Conditions are declared to be severable.Captions and heading in the Contract are strictly for the purpose of convenience and general reference only and shall not affect the meaning or interpretation of any of the provisions of the Contract.

      Except as required to obtain necessary licenses or governmental approvals, each party shall obtain the written approval (which approval shall not be unreasonably withheld) of the other in advance of the disclosure of any news releases, articles, brochures, advertisements, prepared speeches, and other information releases, concerning the Contract or the work performed or to be performed hereunder.

    PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. The terms of use contained herein apply to everyone who visits this site or any of the Mestek, Inc., including its divisions and subsidiaries (collectively, “Mestek”) websites. By accessing and using these websites, you are agreeing to abide by, and be bound by, the following terms of use and any amendments in effect at the time of your visit. Mestek may modify these terms and conditions at any time without notice by updating this Legal Terms of Use.

    You may use the websites, and all information on the websites, solely for non-commercial purposes unless otherwise permitted herein or on the websites. You may not violate the Legal Terms of Use or copy, modify, reverse engineer or sell to any third party code, data, drawings or any information contained on the websites.

    Notice to Investors/No advice:

    Any information contained on the Mestek sites which relates or refers to future performance of Mestek, its subsidiaries or its products is premised on many factors, assumptions, and estimates. The accuracy of such assumptions and the likelihood of future events are not guaranteed, and could have a material adverse effect on Mestek, its subsidiaries or its products.

    Nothing contained on any Mestek site should be construed as offering business, financial, professional or legal advice.

    Trademarks/Copyrights:

    The websites contain proprietary information, including but not limited to Trademarked and Copyrighted material. The websites are protected by applicable intellectual property and other common laws regarding trademark and copyright laws. The following trademarks and service marks may be used on the Mestek websites. However, nothing contained on the websites should be construed as granting any license or right to use the marks without the written permission of Mestek.  The contents of this website or any of the Mestek websites are (including, without limitation, the arrangement and layout of the websites; names and logos; and text, illustrations and artwork) are the copyrighted property of Mestek and are protected under applicable copyright and trademark laws. Any unauthorized use of the trademarks or other contents of any of Mestek’s websites may violate civil or criminal laws. Mestek actively enforces its rights regarding each of its marks, including but not limited to the following:

    Airtherm, Alton, Anemostat, Applied Air, B&K, Cleatformer, Coilmate, Coil-Matic, Companion Duct System, CWP and Design, Dahlstrom, Design Line the Personal Touch, Dickerman, Diemation, Dominator, Duct-Master, Ductmaker, Econo-Pak, Embassy, Embassy Systems, Enerpak, Engel, Experienced Based Innovation, EZ Connector, EZ Hanger, EZ Hanger System, Fabriduct, Fast Seam, Floorlevel, FMI Dahlstrom, Formtek, GarageGuy, GarageGuy and design, Heat Net, Heatnet on Board, Hydrotherm, Hide-A-Vector, IFB, Innova, Iowa Lock Seam, Iowa Precision, King, Know Something More, Koldwave, Line Design, Lion, Linovane, Liquipex, Lockformer, Mestek, Mestek International, Mills, Miscellaneous Design (block logo), Multi-Pro IV, Multi-Temp, Multi-Vent, Nesbitt, Onex, Panel Track, Petite 7, Pro-Ductomatic, Pro-Fabriduct, RBI, Rowe,  Safe-Wire, Screen Express, Servomatic, Servomax, Shelf-Master, Sierra, Sierra Fresh Air Systems, Slant/Fin Baseboard, Slear, SmartCycle, SmartCycle (stylized), Snozzle, Space Pak, Standard Fin, Steadyair, Sterling, Sterling and Design, Storm Pro, Supermill, Swing-Knife, System6, TDC, TDF, Temprite, Therma Pak, Tishken, Transverse Duct Connector System (stylized), Troxis, Turbo Pilot, ValuePlus2, ValuePro, Vanguard, VIFB, Viking, Vulcan, VulcanPlus, Wall-Fin, Whisper Loc, Winpro, Wood Pro, Xcelon, Yoder and Zone Pak.  To the extent that a mark is held but not listed here, Mestek does not waive any right of enforcement of such mark.

    No Representation or Warranty:

    MESTEK HAS ATTEMPTED TO INCLUDE UP TO DATE AND ACCURATE INFORMATION ON ITS WEBSITES. HOWEVER, NOTWITHSTANDING SUCH EFFORTS, MESTEK DOES NOT MAKE, AND EXPRESSLY DISCLAIMS, ANY REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED (INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ETC.) WITH RESPECT TO ANY INFORMATION OR PROTECTION OF SOFTWARE OR EQUIPMENT ON THE SITES. EVERYTHING ON THE SITES IS “AS IS” AND DOES NOT CONTAIN A WARRANTY AS TO ACCURACY OR COMPLETENESS.

    Links:

    To the extent that this site or any other Mestek site contains links to a third party site, Mestek does not make any claim to or offer any warranty or responsibility for the information and/or effect of transferring to the respective third party sites.  In addition, Mestek does not endorse the company for the particular link nor assume responsibility for its content. Moreover, Mestek cannot and does not guarantee or warrant that files available for downloading from the websites will be free of infection by software viruses or other harmful computer code, files or programs.

    Limitation of Liability:

    Your use of Mestek’s websites is at your own risk. In no event shall Mestek or any of its officers, directors, employees or affiliates, be liable, directly or indirectly, for any damages of any kind or nature, including, without limitation, direct, indirect, incidental, punitive, special or consequential, exemplary or other type of claims or losses,  resulting from or in connection with the creation or use of, or reliance on, this site, any other Mestek website or any linked website contained in any such sites, or any of the information accessed through any such site or from the inability to use any such site. This limitation includes damage to your computer equipment or any viruses that may infect your computer equipment or other property.

    Indemnification:

    You understand and agree that you are personally responsible for your use of the websites. Therefore, you agree to indemnify, defend and hold harmless Mestek from all claims, expenses, losses, damages and costs associated with your use of the websites.

    Building Information Model (BIM) License:

    In the event that a third party is granted a non-exclusive, non-transferrable license by Mestek  or a subsidiary or Mestek to use BIM the third party accepts the terms of use contained herein as well as the following terms:

    • The BIM information may be amended from time to time without notice.
    • The BIM information may not be modified (reversed engineered, decompiled, adapted or disassembled) by any third party without the expressed written permission of Mestek or its subsidiaries.
    • The BIM information is proprietary to Mestek and its subsidiaries and may not be disseminated without the expressed written permission of Mestek or its subsidiaries.
    • The BIM information contains no warranties and is AS IS/WHERE IS.

    Products Availability:

    References made to products on the Mestek sites does not guarantee that the products will be available in your city, state or country where it may be subject to different regulations and conditions of use. Such reference does not imply any intention on our part to sell this product or service in your city, state or country and you should always rely on product information especially created for your city, state or country. The site contains information about products and services that may or may not be available in any particular city, state or country or region of the world, may be available under different trademarks in different countries and, where applicable, may be approved or cleared by a government regulatory body for sale or use with different indications and restrictions in different countries.

    The information on the websites concerning products is provided for informational purposes only and is non-binding. For more detailed information regarding a product you should contact Mestek or its subsidiaries.

    Jurisdiction:

    The Mestek websites and this term of use are governed by the State of Massachusetts, USA.

    Privacy:

    Mestek does not collect personal information about an individual when they visit a Mestek website unless that information is voluntarily submitted by the individual as part of request for information, communication with Mestek or its subsidiary or part of a survey completed by the individual. Mestek may collect address, names or other information that can be then used to complete forms contained on the websites. An individual may access the websites without providing personal information so long as the individual does not volunteer the information to Mestek or its subsidiaries.  Notwithstanding the foregoing, Mestek does not represent or warrant that such information shall be maintained in any manner other than the means presently in place at Mestek.

    In the event that information is collected for purposes noted above, such information will not be distributed, shared or sold to third parties.

    Cookies:

    Mestek uses cookies and similar technologies to analyze trends, update the websites, track user movements and gather demographic information about our customer base. You may be prompted to accept or deny our use of cookies.

    Entire Agreement:

    The terms contained herein constitute the entire agreement between the user of this site and Mestek with respect to use and access to this site and supersedes all other prior or contemporaneous communications, whether oral, written or otherwise regarding this site. The failure of Mestek to enforce any provision of these terms does not constitute a waiver of such provision.

    Questions:

    Any question regarding the terms of use should be referred to the Legal Department at the Mestek corporate office.