The parties agree there are no understandings, agreements, or representations, express or implied, not specified herein, respecting this offer or sale. This instrument contains the entire agreement between the Seller and Buyer. No prior waiver, course of prior dealing, or usage of the trade shall be relevant to supplement or explain terms used in this agreement.
All sales are expressly limited to, and the rights and liabilities of the parties shall be governed exclusively y the terms and conditions herein. If any purchase order of offer from Buyer states terms additional to or different from those set forth herein, this document shall be deemed a notice of objection to such additional or different terms and a rejection thereof. Any acknowledgment or shipment of product by seller to Buyer after Seller’s receipt of a purchase order or offer from Buyer shall not be deemed an acceptance by Seller of an offer to contract based on any Buyer’s terms and conditions. Receipt and acceptance by Buyer of products shall be conclusive evidence of Buyer’s acceptance of the term and conditions set forth herein as the sole controlling terms and conditions of the contract between Seller and Buyer. Stenographic and clerical errors by the Seller are subject to correction.
ACCEPTANCE OF ORDERS
Seller possesses the exclusive right to accept or refuse any and all orders. No bid, offer, or quotation shall be valid or binding upon Seller, and no order shall be accepted. No sale shall be final until such bid, offer quotations, order, or sale shall be acknowledged in writing by Seller. Minimum order will apply.
All prices are subject to change without notice and shall be adjusted to the Seller’s prices in effect on the date of shipment. Prices reflect standard packaging for domestic shipment only. All prices are in U.S. Dollars.
Delivery dates are estimates and not a guarantee of a particular day of delivery and are based on the prompt receipt of all necessary information from the Buyer. Seller shall not be liable for failure or delay in shipping goods hereunder if such failure or delay is due to an act of God, fire, flood, war, labor difficulties, accident, strikes, lockouts, civil disorders, governmental priorities or embargoes, inability or difficulty in obtaining raw materials or supplies at customary terms and prices or any other causes or failure of presumed conditions of any kind whatsoever which are either beyond the reasonable control of the Seller or which would make impracticable the fulfillment of Seller’s obligations hereunder. Buyer shall not refuse to accept deliveries so delayed. The Buyer shall compensate the Seller for any and all extra costs and expenses occasioned by delays attributable to Buyer.
TRANSPORTATION AND RISK OF LOSS
All shipments are freight collect unless eligible for a freight allowance expressly set forth in current price sheets or on the face hereof. Seller reserves the right to select the method and type of transportation. If the Buyer requests a method of transportation other than that selected by the Seller, excess packing, shipping, and transportation charges resulting from compliance with the Buyers’ request shall be for the Buyer’s account. All shipments are F.O.B. point of shipment, and risk of loss shall pass to Buyer after products are delivered to the carrier. The Buyer must file claims for damage or loss in transit against the carrier.
CANCELLATION OR MODIFICATION
Buyer may not cancel or modify any order, either in whole or in part, without Seller’s prior written consent and then only upon payment to Seller for all applicable costs incurred by Seller, including, without limitation, costs of purchased materials, and a reasonable allowance for profit. Order changes or additions received after the original order has been processed will be treated as a new order.
Any taxes which Seller may be required to pay or collect with respect to the sale, delivery, or storage of the products, including taxes upon or measured by the receipts from the sales thereof, shall be for the account of Buyer who shall promptly pay the amount thereof to Seller upon demand, or in lieu thereof, furnish Seller with a tax exemption certificate acceptable to the taxing authorities.
WARRANTY AND DISCLAIMER
Seller warrants that its products shall be free from defects in material and workmanship under normal use and service for a period of 12 months from the date of shipment. On equipment and materials furnished by Seller but manufactured by others, Buyer shall accept in lieu of any liability or guarantees on the part of Seller, the benefits of guarantees as are obtained by Seller from such manufacturers or vendors. SELLER MAKES NO WARRANTY OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR PURPOSE OR ANY OTHER WARRANTY, EXPRESS OR IMPLIED. EXCEPT AS IS EXPRESSLY SET FORTH HEREIN. Failure by Buyer to object to or reject products or materials delivered hereunder in writing within 30 days from the date of shipment of the products or materials, shall constitute an acceptance and waiver by Buyer of all claims here under on account of alleged errors, shortages, defective workmanship or material, breach of warranty or otherwise, discoverable upon inspection by Buyer.
LIMITATION OF LIABILITY
Buyer’s exclusive remedy on any claim of any kind for any loss or damage arising out of, connected with, or resulting from this contract, or from the performance or breach thereof, or from the design, manufacture, sale, delivery, resale, or repair or use of any products covered by or furnished under the contract, including but not limited to any claim for breach of warranty, negligence, strict liability or other sorts, shall be the repair or replacement F.O.B. Seller’s factory, as Seller may elect, of the product or part thereof giving rise to such claim, except that Seller’s liability for-such repair or replacement shall in no event exceed the contract price allocable to the products or part thereof which give rise to the claim. SELLER SHALL IN NO EVENT BE LIABLE FOR DIRECT, INDIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES.
RETURN OF MATERIAL
The Buyer must obtain the Seller’s permission in writing before any products are returned to the Seller by the Buyer. If products are returned without such permission, Buyer authorizes Seller, in addition to such other remedies as it may have, co hold the returned products at Buyer’s sole risk and expense. All returns must be freight prepaid by the Buyer. Seller will in no event accept the return of any product that upon return is in the opinion of Seller altered, damaged, used, or in other than first-class salable condition. All non-defective material will be subject to a 15% restocking charge.
STOPPAGE IN TRANSIT
If Seller determines that Buyer’s credit position has changed materially, prior to or during shipment, or at any time before acceptance of the goods by Buyer, then Seller may stop the delivery of goods to the carrier or other bailees, or goods in possession of a carrier or other bailee. Such action by Seller will not constitute a breach of this agreement with any resulting damages to Buyer.
All invoices are due net 30 days from the date of invoice. Payments not made when due shall bear interest at the prime rate plus 2-1/2% per annum or, if lower, the highest rate legally permissible until paid. Credit balance s will be applied against future purchases only and must be claimed within one year of creation or arc waived.
GOVERNING LAW AND ARBITRATION
Any dealings or contract between the parties shall be governed by and construed in accordance with the law of the state of Michigan, excluding its choice of law provisions. Any controversy arising under or in any way related to the subject matter hereof shall be settled by arbitration by a single disinterested arbitrator in Grand Rapids, MI, U.S.A., in accordance with the commercial rules of the American Arbitration Association then obtaining. Each party shall bear its own costs and expenses, including attorney fees. The fee for the arbitrator shall be shared equally by the parties.