Maverick
Electronics, Inc.
SELLERS TERMS AND CONDITIONS OF QUOTATION/SALE
Maverick Electronics, Inc.(Seller”)
quotation, sale and/or
acceptance of Buyers
Purchase Order (Order”) for Sellers
Goods and/or Services is expressly conditioned upon Buyer’s assent to the
below Terms and Conditions. Buyer’s
acceptance of Seller’s Goods is also
deemed by the Parties to be Buyer’s assent to
such terms.
1. General
All
Terms and Conditions of Quotation/Sale are as follows except as specifically noted on the face of the Seller’s Acknowledgement,
Sales Order or Quotation.
2. DELIVERY, DELAYS AND PERFORMANCE
No liability shall result
from delay in performance or
non-performance of this Agreement
directly or indirectly caused by
fire, explosion, accidents, flood,
labor trouble or shortage, ware, act of regulation or any government, inability
to obtain suitable material, equipment, fuel power, or transportation or act of God; or arising from contingencies , happenings, or causes beyond the
control of the parties affected. Quantities of Goods so affected by any such circumstances may be
eliminated from the Order without liability,
but this Agreement shall otherwise
remain unaffected.
3.
F.O.B./EX WORKS POINT
All sales are made
for
2000) at Sellers Facility, Whitesboro,
TX, U.S.A. Seller’s Liability ceases as to delivery and risk of loss ceases upon making delivery of the Goods purchased hereunder to carrier at said shipping point in good
condition; the carrier acting as Buyer’s agent.
4. ASSIGNMENT
The buyer shall not assign its Order or any interest therein or any rights thereunder without
the prior written consent of Seller.
5.
TAXES
Buyer shall reimburse
the Seller for all taxes, excises or
other charges which the Seller may be required to pay to any domestic
government (national state or local) upon the sale, production or transportation of the Goods sold
hereunder, and for international operations (export sales).
Additionally all taxes, licenses,
duties, and governmental exactions by whatever name known
which may be levied or assessed on or account
of the Goods sold hereunder, or their
documents.
6.
PAYMENTS
Payments shall be made to Seller in
strict accordance with the agreed upon payment terms. Each shipment shall be
considered a separate and independent
transaction. If performance by
Seller or shipments are delayed by the
Buyer, payments shall become due on the date
when the Seller is prepared to make
shipment and such payments shall be made based on the purchase price and the
percentage of completion. The seller reserves the right to ship
its Goods and make collection by sight draft with Bill of Lading attached.
7.
PRICE
Prices and terms are
not subject to verbal changes or
other agreements unless approved in
writing by the seller. Prices are based on costs and conditions existing on the date of quotation and are
subject to change by the seller before final acceptance. Prices
do not include export
or special packaging, compliance testing or inspection charges. Buyer
shall have no right to access or
Seller’s cost or pricing data or other book and records.
8.
NON-WAIVER-CONFLICTING TERMS AND CONDITIONS
Any failure at any
time of Buyer or Seller
to enforce any provision hereof shall
not constitute a waiver of such provision nor prejudice the right of Buyer of Seller to enforce such
provisions at any subsequent time. Insofar as any terms and conditions of the Buyer’s Order conflict with the Seller’s terms and conditions
contained herein, the latter shall govern, irrespective of whether the Buyer
accepts the Seller’s terms and conditions by written
acknowledgement , by
implication, or acceptance and
payment of Goods ordered hereunder. Terms and conditions proposed by Buyer that
are inconsistent with those stated
herein are waived by Buyer.
9. PROPRIETARY RIGHTS
Any of Seller’s data
and its Goods furnished or acquired
by Buyer providing confidential or proprietary information concerning Seller’s
trade secrets, such as, but not limited to, any formula, design,
engineering drawings, device or compilation of information, including Seller’s manufacturing methods or processes, treatment and chemical composition
of materials and tooling shall be kept confidential by Buyer, and not disclosed to third parties without Seller’s
express written permission. And, Buyer shall not use such data, in whole or in part, or
the Goods, to copy, redesign, reverse engineer, replicate or manufacture
(or enable manufacture by itself or any third party) the Goods, products similar thereto or products derived therefrom without Seller’s express written permission. The
price for the Goods does not include any such data and information.
10.
PATENT DATA
(a) Seller warrants
that the use or sale of its Goods will not infringe
the claims or any
Buyer assumes liability for patent and copyright infringement when goods are made to buyer’s specifications. Buyer shall indemnify and hold Seller
harmless from all damages and costs
related to such infringement.
(b) All technical advice,
specification data, recommendations and services are rendered by the seller
free of charge and while based on data believed
to be reliable, they are intended for use by skilled persons at their own risk.
Seller assumes no responsibility to buyer for events resulting or
damages incurred from improper use.
They are not to be taken as a license
to operate under or intended to suggest infringement
of any existing patent.
11. DISPUTES/COLLECTION
Should Seller
initiate collection (in court or otherwise)
against the Buyer by reason of Buyers failure to make payment in accordance
with Seller’s payment terms or other
disputed contract interpretation, then the prevailing Party in such action shall be paid all costs (including
its reasonable attorney fees) actually incurred in connection with such action,
or any appeal there, from the other party regardless
of any otherwise applicable court
schedule used in connection with the determination thereof. In any such action the laws of the State
of
12. ACCEPTANCE
Final acceptance or
rejection of the Goods shall be made
promptly as practical after the delivery
to Buyer; however, unless earlier rejected,
the Goods shall be deemed by the parties to be accepted within thirty (30) days
after delivery to Buyer. Upon acceptance of each unit of Goods,
Buyer waives any right to revoke such acceptance
for any reason, weather known or unknown to Buyer at the time of acceptance. Any defect or nonconformance becoming
apparent in the Goods after such
acceptance shall be corrected under
and subject to, the conditions of the Article herein entitled Warranty.
13.
CANCELLATION, STOP WORK ORDERS
Cancellations of an
Order may be accepted with the specified written approval of the Seller and
shall be subject to cancellation charges with will include all expenditures
made and committed for the Order with a reasonable allowance for prorated
overhead expenses, profit and cost for preparing, submitting and negotiation of Seller’s termination claim.
14.
WARRANTY
(a) Seller warrants
all Goods to be furnished under an
Order to be free from defects due to faulty workmanship or material for the
period of 30 days from the date of delivery to the buyer.
(b) Seller neither expressly nor impliedly warrants against defects in design, workmanship
and materials of parts or materials
supplied by others and utilized by the
seller in such Goods. Seller shall give the Buyer (insofar as it is assignable) the benefits of any
express written warranties given to seller by such manufacturer or other vendors. Seller
shall have no
obligation to process any warranty claim
against such manufacturer and
supplier for the benefit of the Buyer.
(c) Seller neither
expressly nor impliedly warrants, or makes any representation
whatsoever, as to service life of such Goods since conditions of usage and experienced service
life are neither within the control of nor
knowledge of Seller.
(d) This warranty will apply only on the condition that:
(1) Buyer delivers written notice of
its claim under this clause to
seller within such warranty period, but not later than fifteen (15) days after discovery of the defect which
is the basis for its claim;
(2) Buyer delivers such goods to Seller at its plant, FOB or EX WORKS, as applicable, to
(3) Seller determines
(in its sole discretion) that such
goods are defective and have not been subject to accident, abuse or misuse, and have been operated and maintained
in accordance with the manufacturer’s
recommendations and specifications;
and
(4) The goods have not been the
subject of a replication (i.e.,
reverse engineering) program, either
formal or informal, sponsored or supported by the U.S. Government or any other
entity.
(e) The obligations and liabilities
of Seller under this Warranty are
expressly limited to the replacement or the repair by Seller of such Goods, and shall not include any
removal, disassembly, failure analyzing fault isolation, inspection, retrofit or
reinstallation costs incident to such correction or replacement.
(g) THE WARRANTY PROVIDED IN THIS ARTICLE 14, AND THE OBLIGATIONS AND LIABILITIES OF
SELLER AND THE RIGHTS AND REMIDIES OF BUYER HEREUNDER,
ARE EXCLUSIVE AND IN SUBSTITUTION
FOR, AND SELLER HEREBY DISCLAIMS,
AND BUYER HEREBY WAIVES,
ALL WARRANTIES
AND LIABILITIESOF SELL AND ALL
CLAIMS AND REMIDIES OF THE BUYER,
EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, WITH RESPECT TO ANY DEFECT IN ANY GOODS, INCLUDING WITHOUT LIMITATION, ANY (A) IMPLIED WARRANTY
OF MERCHANTABILITY OR FITNESS FOR
USE OR FOR A PARTICULAR PURPOSE, (B) ANY IMPLIED WARRANTY ARISING FROM COURSE
OF DEALING OR PERFORMANCE OR USAGE
OF TRADE, (C) RECOVERY BASED UPON TORT, WHETHER OR NOT ARISING FROM SELLER’S
NEGLIGENCE, AND (D) ANY RECOVERY BASED UPON DAMAGED PROPERTY, OR OTHERWISE BASED UPON LOSS OF USE OR PROFIT OR OTHER INCIDENTAL OR CONSEQUENTIAL
DAMAGES. THIS WARRANTY SHALL
NOT BE EXTENDED, ALTERED OR VARIED
EXCEPT BY A WRITTEN INSTRUMENT SIGNED BY SELLER
AND BUYER. IN THE EVENT THAT AN PROVISIONS HEREOF SHOULD FOR ANY REASON BE HELD
INEFFECTIVE, THE REMAINDER OF THIS WARRANTY SHALL REMAIN IN FULL FORCE AND EFFECT.
15. EXTENT OF SELLER’S
LIABILITY
Seller will not have
any liability or liquidated damages, penalties, fees, or for collateral, indirect, incidental, consequential or special damages, including loss of profits or
loss of use, and the aggregate total liability of any damages under an Order
shall in no event exceed its contract
price of one of the Goods giving rise to the claim (or claims) or liability,
whether resulting from delays in delivery or performance, breach of warranty, claims of negligent manufacturing, patent or copyright infringement, or otherwise. Buyer agrees to indemnify
and hold harmless Seller from all
claims by third parties which extend
beyond the foregoing limitations of
Seller’s liability.
16.
BUYER FURNISHED MATERIAL
When a quotation or Order specifies that material is to be furnished by the Buyer, ample
allowances shall be made by the Buyer
for reasonable spoilage or scrap of
the material so as to facilitate efficient, timely
production by Seller
17. EXPORT AND IMPORT COMPLIANCE
Buyer and Seller
(hereafter also known collectively as “Parties”) shall comply with the laws and regulations of the United States of America (USA) relating to exports and foreign transactions, including but not limited to, the International
Traffic in Arms Regulations (ITAR) (22
C.F.R.
Parts 120-130), the Arms Export Control Act (22 U.S.C. 2778), the Export Administration Regulation (EAR) (15 C.F.R. Parts 730-774) and the Export
Administration Act of 1979, as amended (50 U.S.C. 2401 et.
Seq.). In particular, the Parties shall not disclose
any technical data nor deliver, export, re-export or re-transfer any Goods out
of the
cooperate with each other in obtaining all
required export and import licenses,
approvals and/or notifications pursuant
to such
18. PACKAGING
Good Commercial Practice and standard marking is included.
Maverick Electronics, Inc assumes no liability for any rework charges that may arise out of defective parts. Unless otherwise quoted all parts do not come with Mfg C of C.