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IM&C KO2A.0 14 <br />Conditions of Sale <br />Page 1/2 <br />A. Acceptance C. Any equipment which has been operated or maintained in a manner <br />This quotation is void at our option unless a purchase order is placed which in any way deviates from the maintenance schedules, <br />with us within sixty (60) days from date of bid opening or date of specifications, and parameters set forth in Landia Inc 's Operator's <br />written proposal. The order will be subject to written acceptance by Manual for such equipment. <br />our company's executive office In the absence of this, the Buyer's No allowances will be trade for any such alterations or corrective work done <br />written order will be valid. Our quotation is limited to only those without the specific written consent of Landia Inc. Conditions caused by <br />technical portions of the Engineer's Mechanical Specifications improper lubrication. deterioration by chemical action, and wear caused by the <br />specifically referred to herein, and to the terms and conditions of sale presence of abrasive materials, do not constitute defects. Equipment <br />as outlined in our quotation. We will not be bound by any Terms and manufactured by others, and included in Landia Inc.'s proposal, is not warranted <br />Conditions of the prime Contract not specifically included herein. in any way by Landia Inc but carries only that manufacturer's warranty, if any. <br />B. Terms <br />Net due thirty (30) days after the date of invoice unless otherwise <br />stated in the proposal. These terms are subject to approval by our <br />Credit Department Your payment to us will not be dependent or <br />contingent upon receipt of payment by you or any other parties. Any <br />balance remaining due thirty-one (31) days beyond the due date will be <br />subject to a monthly service fee until paid. Should we have to engage <br />an attorney to collect the balance due us, including the service fee, you <br />agree to reimburse us for all collection costs including reasonable <br />attorney fees. The Buyer is responsible for all bank charges and fees in <br />connection with payment Payment by cheque is not approved until the <br />cheque has been cashed by the Buyer's bank <br />C Taxes & Other Charces <br />Unless otherwise indicated, no Sales, Use, Retailer's Occupation, <br />Service Occupation, Service Use, or similar taxes and similar charges, <br />have been included in our prices. The amount of any such taxes or <br />charges which are paid or assessed in connection with this order and <br />which are not specifically stated as being included in the purchase <br />price, shall be paid by you, either directly to the appropriate authorities <br />(in which event you shall famish us with satisfactory evidence of such <br />payments) or to us if we have paid, or are required to pay, such taxes <br />or charges. If you are tax exempt on this job, you will need to supply <br />us with your exemption certificate. You agree to reimburse our <br />company for taxes we must pay on your behalf. You are responsible <br />for obtaining permits in connection with the sale or installation of our <br />equipment. <br />D. Warranty <br />Landia Inc. warrants to Buyer that equipment sold hereunder, of its <br />manufacture, is free from defect in material and workmanship, and is <br />of the kind and quality designated or described herein. This warranty <br />shall nut to Buyer and, if applicable, such entity specifically identified <br />in the Primary Contract only, but not to their employees, <br />representatives, agents, customers, assignees, etc., and applies to those <br />technical portions of the Engineer's Specifications only to the extent <br />that they are referred to herein. This warranty shall be in frill force and <br />effect at the time of shipment of such equipment for a period of one (1) <br />year from the date of invoice. Landia Inc. undertakes and reserves the <br />right to free of charge to redress at their works or to exchange defect <br />products. The parts replaced transfer automatically to the <br />manufacturer's property and must be renamed to them as agreed. <br />Expenses or costs incurred with the return and re -assembly or <br />corresponding arrangements and indirect loss and damage will not be <br />compensated. The obligation of Landia Inc. to replace or redress such <br />defective parts shall be the exclusive remedy hereunder. Buyer must <br />give Landia Inc. notice in writing of any other alleged defect covered <br />by this warranty within thirty (30) days of the discovery of such defect <br />during the warranty period. No claim more than thirty (30) days after <br />the warranty period shall be valid. The warranty extends to replaced <br />parts of Landia Inc.'s manufacture for ninety (90) days or the <br />remainder of the original warranty period applicable to the parts being <br />replaced. <br />This warranty shall not apply to: <br />A. Any equipment which has been subjected to misuse. <br />neglect, or accident: <br />B. Any equipment which has been altered, tampered with, or <br />upon which corrective work has been done thereon <br />without Landia Inc.'s specific written consent; <br />Landia Inc. <br />NC, 27513 Cary <br />Executed by: BD/EJ <br />No representative of Landia Inc. has any authority to waive, alter, vary, or add to <br />the items hereof without prior written approval. <br />THE FOREGOING WARRANTY IS EXCLUSIVE AND IN LIEU OF ALL <br />OTHER GUARANTEES AND WARRANTIES OF QUALITY, WRITTEN, <br />ORAL OR IMPLIED; ALL OTHER WARRANTIES, INCLUDING ANY <br />WARRANTY OF MERCHANTABILITY OR FITNESS FOR PURPOSE ARE <br />HEREBY EXPRESSLY DISCLAIMED, <br />E. Security Interest <br />Until all amounts due hereunder have been paid in full, Seller has a security <br />interest in the equipment and has all tights of a secured parry under the Uniform <br />Commercial Code including, without limitation, the right to take possession of the <br />equipment without legal process and the right to require Buyer to assemble the <br />equipment and make it available to Seller at a place reasonably convenient to <br />both parties At Seller's request. Buyer shall execute any financing statement or <br />statements submitted by Seller in order that Seller's security interest in the <br />equipment may be perfected. <br />F. Chances & Delays -Cost <br />If you cause changes to be made, or delay or interrupt the progress of the work, <br />you will reimburse us for any additional expense resulting from such cause. Any <br />of such changes or delays which may adversely affect the operation of the <br />equipment will nullify our warranty unless we consent in writing thereto. <br />G. Delays <br />We shall not be liable for delay in delivery caused by any reason beyond our <br />control, including but not limited to your delay in promptly submitting all <br />information necessary for us to proceed with the work, your delay in approval of <br />drawings, acts of God, casualty, civil disturbance, labor disputes, strikes, <br />transportation. supply difficulties, any interruption of our facilities, or any of the <br />governmental authorities. In the event of such conditions, Landia Inc. is entitled <br />to cancel the order or to extend the time for delivery specified herein during the <br />continuance of such conditions and for a reasonable time thereafter. <br />H. Claims <br />Claims for errors or shortages existing prior to our delivery of the equipment to <br />the carrier will be considered only when made to us immediately after receipt of <br />shipment. Claims shall be confined in writing. Buyer shall immediately inspect <br />the equipment upon receipt thereof. Seller is not obligated to consider any claim <br />for shortages or non-conformance unless notified thereof by Buyer within eight <br />(8) days after Buyer's receipt of equipment. Modifications to the equipment <br />furnished by Landia Inc. to meet OSHA or local safety codes will be by others. <br />Seller will supply only the safety devices, if any, described in the order. <br />LANDIA INC. assumes no responsibility for any costs, direct or indirect <br />resulting from disapproval of our tender by the owner. <br />Transportation Expense <br />Unless otherwise noted, the prices shown in this proposal include freight to the <br />destination shown, at lowest available freight rates on a common carrier of our <br />choice. If you require us to ship another way, you will bear any additional <br />expense. Landia Inc. will provide and maintain in responsible insurance <br />companies, at its own expense, insurance against loss and damage to the <br />equipment by fire or other casualty during transportation of the equipment from <br />Landia Inc.'s works and to the final destination of the equipment. In order for our <br />compant to insure delivery, it is agreed by you and our company that you will <br />provide us with an access road to and from the job site, which road is capable of <br />supporting trucks. The responsibility for the protection of equipment will be <br />yours after it is delivered to the job site. Damage to the equipment after delivery <br />which is caused by vandalism, the elements or otherwise, will be your <br />responsibility and not that of our company. <br />