Innerbox Loading Systems, Inc. (“Sellers”) Standard Terms and Conditions
1. ORDERS: All orders are subject to
acceptance by Seller. These terms and conditions
are applicable and are an integral part of purchase orders resulting from
Seller’s
quotations. These terms and conditions shall govern and supersede any terms and
conditions integrated and/or supplied by the Buyer, unless separately agreed to
in
writing by both the Seller and the Buyer. Seller's failure to object to
provisions contained
in any communication from Buyer shall not be deemed a waiver of these terms and
conditions.
2. VALIDITY: All quotations submitted are valid for fifteen (15) days from the
date of the
quotation unless otherwise stated on the face of the quotation. Until accepted
by Buyer,
the quotation is subject to change within the validity period.
3. PACKAGING: Standard commercial packaging is included in the quoted price.
Special packaging will be provided at Buyer’s expense when specified. Reasonable
care is exercised in packaging goods for shipment and no responsibility is
assumed by
Seller for delay, breakage or damage after delivery to the carrier. Buyer will
file any
claims for breakage or damage directly with the carrier. Seller will render
reasonable
assistance in securing satisfactory adjustment of such claims.
4. TITLE AND DELIVERY: All sales are F.O.B. origin unless otherwise agreed to in
writing by the Buyer and Seller. Title and risk of loss pass to Buyer upon
delivery to the
carrier at shipping point. Unless shipment method is specifically directed from
the Buyer,
Seller will exercise its own discretion. Shipping dates are approximate and are
based
upon prompt receipt of all necessary information from Buyer. In the event of any
default
by Buyer, Seller may decline to make further shipments.
5. INSPECTION & ACCEPTANCE: Buyer must inspect the goods within ten (10) days
after delivery, and give written notice to Seller of any products being
rejected; describing
the product and details as to the reason the product is being returned. Returned
product
will be processed under the Seller’s Warranty provision. Buyer will have
irrevocably
accepted any and all products if Buyer has failed to give Seller written notice
of rejection
within the 10-day period. Buyer's inspection and/or acceptance tests shall not
exceed
the inspection and/or test procedures customary in the industry for the products
delivered by Seller. Seller may charge to Buyer any costs resulting from the
testing,
handling and disposition of any products returned by Buyer which are not found
by
Seller to be nonconforming.
6. PAYMENT: Upon credit approval, terms of payment shall be net thirty (30) days
from
date of the invoice. Credit may be changed or withdrawn by Seller at anytime. If
credit is
not extended, payment will be required in full prior to shipment. In the event
Buyer
becomes the subject of a bankruptcy or other insolvency proceeding, or fails to
pay
Seller's invoices as they become due, Seller may cancel any order outstanding
and
receive reimbursement for cancellation damages. Each shipment shall be
considered a
separate independent transaction, and payment thereof shall be made accordingly.
If
shipment is delayed by Buyer, Seller may invoice on the date when Seller would
have
made shipment but for the delay. All invoices shall be paid within the term
stated, even
if product has been returned under the Seller’s Warranty provision. Buyer is not
authorized to make reductions on the invoice without prior written approval of
Seller.
Buyer will pay a delinquency charge in the amount of 1½ % per month (18% per
annum)
on overdue amounts, in addition to all amounts otherwise due Seller available by
law.
7. TAXES: Buyer agrees to pay all applicable federal, state, and local taxes,
duties and
other fees on product and services ordered.
8. SELLER'S WARRANTY: LIMITED WARRANTY: IT IS EXPRESSLY AGREED
THAT NO WARRANTY, OF MERCHANTABILITY, WARRANTY OF FITNESS FOR A
PARTICULAR PURPOSE, NOR ANY OTHER WARRANTY (EXPRESS, IMPLIED OR
STATUTORY) IS MADE BY SELLER, EXCEPT THAT SELLER WARRANTS THE
GOODS TO BE FREE FROM DEFECTS IN MATERIALS AND WORKMANSHIP.
Seller will replace, repair, or issue credit, at their option, any product
returned under
warranty by the Buyer. If the defect cannot be duplicated at Seller’s facility,
Seller may
exercise the option of returning the product to the Buyer. All transportation
charges will
be the obligation of the Buyer. The warranty period will be one (1) year from
the date of
shipment for all Standard products unless otherwise indicated in the quotation.
Seller
will not be liable for loss of profit, loss of use, incidental damages,
consequential
damages or any loss, cost, or damages of any kind based upon a claim for
defective
products or breach of warranty.
9. CHANGES TO SPECIFICATIONS: Seller reserves the right to change the
specifications of any product without notice. If specifications are changed,
Seller
assumes no obligation to provide the change on products previously purchased or
to
continue to supply discontinued products or versions. Seller may substitute
products or
components of equivalent or higher performance.
10. ASSIGNMENT: Buyer will not assign its order or any interest therein or any
right
thereunder without the prior written consent of Seller.
11. GOVERNING LAWS: Irrespective of the place of performance, this contract will
be
construed, and interpreted according to the laws of the State of Michigan, and
Buyer
consents to jurisdiction in the State of Michigan.
12. TERMINATION: Buyer will be liable for Seller's costs incurred, plus a
reasonable profit, for
the portion of the work terminated, in accordance with generally accepted
accounting
principles, together with cancellation charges. Some orders may be subject to a
minimum
cancellation fee. Seller reserves the right to cancel all or part of any order
accepted if
inaccurate or incorrect information is supplied by Buyer, which in Seller's
judgment, affects the
order, or otherwise materially changes the rights or responsibilities of Buyer
and/or Seller.
13. OWNERSHIP DATA RIGHTS / PATENTS:
The sale of products or any parts thereof hereunder confers upon Buyer no
license,
express or implied, under any patent rights of Seller.
Any invention, discovery, proprietary information, software, system, data, or
report resulting
from the work performed under this quotation or resulting order, will be the
sole property of the
Seller. All patents, copyrights, trade secrets, trademarks, or other
intellectual property resulting
from work under this quotation or resulting order shall be the sole property of
the Seller. Seller
shall have the full right to use such property in any manner without any claim
on the part of the
Buyer and without any duty to account to the Buyer for such use. Buyer agrees to
assign to
Seller any patent or patent application resulting from work performed under this
quotation or
resulting order.
14. LIMITATION OF LIABILITY: LIABILITY OF SELLER TO BUYER FOR DAMAGES FOR
ANY CAUSE WHATSOEVER, AND REGARDLESS OF THE FORM OF ANY ACTION
INCLUDING, BUT NOT LIMITED TO NEGLIGENCE, SHALL BE LIMITED TO THE PRICE
SPECIFIED IN THE SALE CONTRACT FOR THE SPECIFIC PRODUCT OR PRODUCTS
THAT HAVE CAUSED THE DAMAGES, OR ARE DIRECTLY OR INDIRECTLY RELATED TO
THE CAUSE OF ACTION. IN NO EVENT SHALL SELLER BE LIABLE TO BUYER OR
OTHERS FOR LOSS OF GOODWILL, LOSS OF PROFITS, LOSS OF USE OR OTHER
SPECIAL COLLATERAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, REGARDLESS
OF THE FORM OF ACTION THEREOF, INCLUDING BUT NOT LIMITED TO NEGLIGENCE,
EVEN IF SELLER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR
FOR ANY CLAIM AGAINST BUYER BY ANY THIRD PARTY. BUYER ASSUMES ALL
LIABILITY FOR ANY AND ALL DAMAGES ARISING FROM OR IN CONNECTION WITH, THE
USE OR MISUSE OF THE PRODUCTS BY BUYER, ITS EMPLOYEES, OR OTHERS. NO
OBLIGATION OR LIABILITY OF SELLER WILL ARISE OUT OF SELLER RENDERING OF
TECHNICAL ADVICE IN CONNECTION WITH BUYER'S ORDER OR THE PRODUCTS
FURNISHED HEREUNDER.
15. FORCE MAJEURE: Seller will not be responsible or liable for any delay or
failure in
performance arising as a result of fire, accident, acts of God, acts of public
enemy, war, labor
disputes, failure or delays, transportation, inability to secure product, raw
materials or
machinery for the manufacturing process, requirements or acts of any government
or agency
thereof, judicial action or other causes beyond Seller's control.
16. CONFIDENTIAL INFORMATION: All drawings, diagrams, specifications, technical
information, and other material and information furnished by Seller and
identified as confidential
(hereinafter collectively called "Confidential Information") is proprietary to
Seller and contains
trade secrets. Buyer shall not use, reproduce, distribute or disclose such
Confidential
Information, except that Confidential Information may be disclosed, with
appropriate safeguards
against re-dissemination, to employees of Buyer with respect to whom such
information is
necessary to the performance of their duties hereunder. Buyer recognizes that
such proprietary
information is unique and consents to the remedy of injunction in addition to
damages for a
violation of this provision.
17. PROHIBITED USES: Buyer may not in any way; modify the product (except as
permitted
in the normal use of the product), reverse engineer, disassemble, or make any
attempt to copy
the product or transfer the product to any person or entity.
18. EXPORT CONTROL: Buyer will comply with all export control laws and
regulations of the
United States Government and with any applicable laws and regulations of any
other country.
Buyer agrees not to export or re-export either directly or indirectly any
technical data furnished
hereunder or the direct product of such technical data to any country which, as
set forth in the
Export Administration Regulations of the United Sates Department of Commerce, is
prohibited. |