Please
read these terms and conditions carefully. They materially affect the parties'
obligations. TEKRA CORPORATION ("Seller") will accept orders and do
business only on these terms and conditions.
1.
Controlling Provisions. This document (the "Contract")
constitutes an offer by Seller to provide the goods and/or services described
herein (the "Products") to the buyer to which this offer is addressed
(the "Buyer"). Buyer's
acceptance of this offer is limited to the terms contained in this offer. Seller objects to and rejects any additional,
different or varying terms proposed by Buyer and Seller's offer shall be deemed
accepted without such additional, different or varying terms. All orders for Products are subject to
acceptance by Seller. BUYER'S ORDER WILL BE ACCEPTED ONLY ON THE
TERMS
2.
Acceptance. Buyer shall be
deemed to have accepted these terms and conditions on the earliest of the
following to occur: (a) Seller's
receipt of a copy of this Contract signed by Buyer; (b) Buyer's payment of any
amounts due under this Contract; (c) Buyer's delivery to Seller of any material
to be furnished by Buyer; (d) Seller's delivery of the Products; (e) failure by
Buyer to notify Seller to the contrary within ten days of receipt of this
Contract; or (f) any other event constituting acceptance under applicable law.
3.
Compliance with Laws.
Buyer agrees to comply with all laws and regulations applicable to the
purchase, transport, use, storage, sale, lease and/or disposal of the Products
including, without limitation, to the extent applicable, the U.S. Export
Administration Act and all regulations thereunder.
4.
Excuse From Performance. Seller
is excused from performance if performance is rendered impracticable by any
accident; war or terrorism; delay, interruption in or failure of sources or
subcontractors to supply materials and equipment; labor or transportation
problem; flood, fire, earthquake or other act of God; or other causes and
conditions that are beyond Seller's reasonable control; or any governmental
orders, contracts, priorities, directives, requisitions or requests, whether or
not voluntarily assumed. In the event of
any such occurrence, Seller may, at its option and without incurring liability,
prorate its deliveries, cancel all or any portion of the Contract and/or extend
any date upon which performance is due hereunder.
5.
Taxes and Fees. Unless
otherwise specified on the front of this form, prices do not include any
manufacturer's, sales, use or excise taxes, or other taxes, charges or duties.
Buyer will pay or reimburse Seller on demand for all such taxes, charges and
duties. Buyer will also pay Seller any collection fees and reasonable
attorneys' fees incurred by Seller in enforcing this Contract or collecting
amounts due.
6.
Prices; Payment Terms. Unless
specifically held open for a length of time on Seller's Quotation, all prices
are subject to change without notice and any unshipped balances on purchase
orders will be invoiced to and paid by Buyer at prices in effect at the time of
delivery. Unless otherwise specified on
the front of this form, invoices are payable in full 30 days following the
invoice date. Seller may, in its sole
discretion, agree to accept payment by credit card from time to time; however,
cash/early payment discounts shall not apply.
For credit card payments, information must be presented at time of
order. Seller shall charge the purchase
price against the credit card at time of order.
Invoices not paid within 60 days following the invoice date are subject
to a service charge on the unpaid balance equal to the lesser of 1½% per month
or the maximum rate permitted by law.
Notwithstanding
the foregoing, terms of payment on all orders are subject to the approval of
Seller's credit department. If Buyer
does not pay Seller any amount due under this Contract or any other agreement
when such amount is due or if Buyer defaults in the performance of this
Contract, Seller may, without incurring liability to Buyer and without
prejudice to Seller's other lawful remedies (a) terminate Seller's
obligations under this Contract; (b) declare immediately due and payable
all Buyer's obligations to Seller; (c) change credit terms with respect to
any further work; (d) suspend or discontinue any further work; and/or (e)
repossess the Products. Buyer shall not
set off amounts due to Seller against claims against Seller.
7.
Risk of Loss; Shipment. Unless
otherwise specified on the front of this form, all shipments are F.O.B. Buyer's
facility named on the front of this form.
Shipping dates on any order are estimates only. Seller will use every reasonable effort to
meet the estimated shipping date, subject to Buyer's prompt provision of all
necessary, complete and correct specifications and information, but Seller will
not be held responsible for failure to meet such estimated dates. All acknowledgments are based on Buyer
accepting over-run and under-run not exceeding 10% of the quantity ordered;
full mill trim will be accepted by Buyer.
Title to Products shall pass to Buyer F.O.B. Seller's facility. Buyer's orders or mutually agreed change orders
shall be subject to all provisions of this Contract, whether or not the order
or change order so states.
8. Exclusive Limited Warranty.
(a) Products
Made by Another. If Buyer's order is
for Products made by a third party, Buyer acknowledges that SELLER IS NOT THE MANUFACTURER OF THE
PRODUCTS
(b)
Seller's Standard Coating and
Converting Policy; Buyer's Testing Obligation. If Buyer's order is for Products with
standard coating or converting, Seller warrants to Buyer that upon delivery the
Products will materially conform to Seller's specifications, which will be
provided at Buyer's request. Because of
the variable characteristics of the Products, Buyer shall, before using any
Products in production, perform its own tests to determine to its satisfaction
whether the Products are acceptable and suitable for its particular purposes
under its operating conditions.
(c)
Seller's Toll Coating Policy. If Buyer's order is for Products with toll
coating, Buyer must provide performance specifications in advance of the
coating operation. Seller will review Buyer's specifications and advise Buyer
if such specifications can be materially met.
Buyer understands and acknowledges that, due to the variables of coating
technology, high yield losses, i.e., 10% to 20%, may be experienced in the
coating operation. Seller will invoice
and Buyer agrees to pay for the amount of materials processed in the coating
operation, rather than for the quantity of Products actually shipped. If Seller has reviewed and approved Buyer's
specifications in writing, Seller warrants to Buyer that upon delivery the
Products will materially comply with such specifications. Orders manufactured to Buyer's
specifications, drawings, designs or descriptions are executed only with the
understanding that Buyer will indemnify and hold harmless Seller from any and
all damages sustained by Seller, including, but not limited to, reasonable
attorneys' fees, resulting from any action or threatened action against Seller
for (i) infringement of the patents or proprietary right of any other
party, or (ii) injury to person or property, including death, relating to
defects in Buyer's specifications, drawings, designs or descriptions.
(d)
Seller's Heat Stabilized Film
Coating Policy. If Buyer's order is
for Products that are coated heat stabilized film, Buyer understands the
inherent problems with coating heat stabilized film and acknowledges that SELLER MAKES NO WARRANTIES, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTY OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE with respect to such Products.
(e)
No Other Warranties: Warranty Exclusions. THE ABOVE WARRANTIES
9.
Limitation of Remedies and Damages. SELLER'S LIABILITY
SELLER
WILL HAVE NO RESPONSIBILITY INSOFAR AS ANY PRODUCT IS MADE OR MODIFIED BY BUYER
OR ANOTHER
10.
Buyer's Trademarks. Buyer
warrants that any trademark Buyer requests Seller to affix to any Product
labels or packaging is owned or authorized for use by Buyer.
11.
Claims, Cancellation and Returns.
All claims for damages, shortages or other errors must
be made to Seller in writing within 15 days of delivery of the Products; all
other claims must be made within 30 days of receipt of the Products. BUYER'S FAILURE TO MAKE ANY CLAIM WITHIN THE
SPECIFIED TIME PERIOD WILL RESULT IN THE UNCONDITIONAL WAIVER OF SUCH
CLAIM. Seller reserves the right to
accept or reasonably reject any claim in whole or in part. Orders may not be cancelled, modified or
suspended without Seller's prior written consent. Cancellation, modification, suspension, or
delay in shipment of Buyer's order will not be accepted on terms that will not
fully indemnify and reimburse Seller against all loss, including but not
limited to incidental and consequential damages. Such indemnity will include
recovery of all direct costs incurred, including normal indirect and overhead
charges and normal profit. No Products
may be returned to Seller without its prior, written authorization and Products
may be returned only on the terms or conditions specified in such
authorization. Returned Products must be
of current manufacture, unused, in resalable condition, and securely packed to
reach Seller without damage. Any cost
incurred by Seller to put Products in first class condition will be charged to
Buyer. All Product returned to Seller
may be subject to a restocking charge plus the costs of freight, packaging,
insurance and any import or export costs.
12.
Notices. Any notice relating
to this Contract will be sent by first class mail and will be presumed to be
given when deposited, postage prepaid, in a United States Post Office or
authorized depository and addressed to the other party at the address given
herein. Alternatively, notices may be
sent by facsimile or electronic mail and will be presumed to be given when sent
if confirmed by mailed notice sent in accordance with the previous sentence.
13.
Setoff. Seller may set
off any amount due from Buyer, whether or not under this Contract, against any
amount that may become due to Buyer hereunder.
14.
Assignment. Buyer
may not assign any of its rights, duties or obligations under this Contract
without Seller's prior written consent and any attempted assignment without
such consent, even if by operation of law, will be void. Subject to the foregoing, this Contract shall
inure to the benefit of and bind the parties and their successors and permitted
assigns.
15.
Controlling Law.
The validity, construction and enforcement of this Contract will be
governed by and interpreted under the internal laws of the State of
16.
Severability; Waiver.
The invalidity of any provision or clause of this Contract shall not
affect the validity of any other provision or clause hereof. Seller reserves the right to correct clerical
or similar errors relating to price or any other term shown in this
Contract. The failure of either party to
insist, in any one or more instances, upon performance of any term, covenant or
condition of this Contract shall not be construed as a waiver or relinquishment
or any right granted hereunder or the future performance of such term, covenant
or condition.
17. Independent
Contractor. Buyer is an independent contractor and
neither Buyer nor any of its employees or agents shall be considered an
employee or agent of Seller. Neither
Buyer nor any of its employees or agents is authorized to incur any obligations
or make any promises or representations on Seller's behalf.
18. Survival. The provisions found in sections 1, 6, and 15
and the warranty and damage limitations and indemnity rights in sections 8
and 9, and any other provision the performance or effectiveness of which
naturally survives, shall survive expiration or termination of the parties'
agreement for any reason. All of
Seller's remedies herein are cumulative and not exclusive of any other remedies
available to Seller at law, by contract or in equity.
(10/09
Rev. 2)