| THESE TERMS AND CONDITIONS GOVERN
THE SALE OF ALL PRODUCTS AND SERVICES (" PRODUCTS" ) BY
IBSELECTRONICS INC. AND ITS DIVISIONS AND SUBSIDIARIES
(" SELLER" ) AND APPLY NOTWITHSTANDING ANY CONFLICTING, CONTRARY
OR ADDITIONAL TERMS AND CONDITIONS IN ANY PURCHASE ORDER OR
OTHER DOCUMENT OR COMMUNICATION (" PURCHASE ORDER" ) FROM BUYER.
THESE TERMS AND CONDITIONS MAY ONLY BE WAIVED OR MODIFIED IN A
WRITTEN AGREEMENT SIGNED BY AN AUTHORIZED REPRESENTATIVE OF
SELLER. NEITHER SELLER'S ACKNOWLEDGMENT OF A PURCHASE ORDER NOR
SELLER'S FAILURE TO OBJECT TO CONFLICTING, CONTRARY OR
ADDITIONAL TERMS AND CONDITIONS IN A PURCHASE ORDER SHALL BE
DEEMED AN ACCEPTANCE OF SUCH TERMS AND CONDITIONS OR A WAIVER OF
THE PROVISIONS HEREOF.
1. ORDERS. Orders shall be initiated by Buyer issuing
a Purchase Order or otherwise placing an order by electronic
means acceptable to Seller. Orders shall identify the Products,
unit quantities, part numbers, descriptions, applicable prices
and requested delivery dates. All orders are subject to
acceptance by Seller. No orders for standard Products (" Standard
Products" ) may be cancelled or rescheduled without Seller's
consent, which consent may be given by Seller in its sole
discretion. Seller reserves the right to allocate sales of
Products among its customers in its sole discretion.
Notwithstanding any provision of these Terms and Conditions to
the contrary, orders for special, custom, value-added and other
non-standard Products, including Products to be assembled in kit
form, Products of manufacturers which do not appear on Seller's
line card, work-in-process and Products otherwise identified by
Seller as " NCNR" or " Non-Cancelable and Non-Returnable"
(" Non-Standard Products" ) shall be non-cancelable and
non-returnable.
2. PRICES. Prices shall be as specified by Seller and
shall be applicable for the period specified in Seller's quote.
If no period is specified, prices shall be applicable for thirty
(30) days. Notwithstanding the foregoing, prices shall be
subject to increase in the event of an increase in Seller's
costs or other circumstances beyond Seller's reasonable control.
Prices are exclusive of taxes, impositions and other charges,
including: sales, use, excise, value added and similar taxes or
charges imposed by any government authority, international
shipping charges, forwarding agent's and broker's fees, consular
fees, document fees and import duties. If Seller shall be liable
for or shall pay any of the foregoing, same shall be paid by
Buyer to Seller in addition to the price of the Products.
3. TERMS OF PAYMENT.Orders are subject to credit approval by Seller,
which may in its sole discretion at any time change the terms of
Buyer's credit, require payment in cash, bank wire transfer or
by official bank check and/or require payment of any or all
amounts due or to become due for Buyer's order before shipment
of any or all of the Products. If Seller believes in good faith
that Buyer's ability to make payments may be impaired or if
Buyer shall fail to pay any invoice when due, Seller may suspend
delivery of any order or any remaining balance thereof until
such payment is made or cancel any order or any remaining
balance thereof, and Buyer shall remain liable to pay for any
Products already shipped and all Non-Standard Products ordered
by Buyer. Buyer agrees to submit such financial information from
time to time as may be reasonably requested by Seller for the
establishment and/or continuation of credit terms. Checks are
accepted subject to collection and the date of collection shall
be deemed the date of payment. Any check received from Buyer may
be applied by Seller against any obligation owing from Buyer to
Seller, regardless of any statement appearing on or referring to
such check, without discharging Buyer's liability for any
additional amounts owing from Buyer to Seller, and the
acceptance by Seller of such check shall not constitute a waiver
of Seller's right to pursue the collection of any remaining
balance. Buyer shall pay interest on any invoice not paid when
due from the due date to the date of payment at the rate of one
and one-half (1-1/2%) percent per month or such lower rate as
may be the maximum allowable by law. If Buyer fails to make
payment when due, Seller may pursue any legal or equitable
remedies, in which event Seller shall be entitled to
reimbursement for costs of collection and reasonable attorneys
fees.
4. DELIVERY AND TITLE. All shipments by Seller are
F.O.B. point of origin and all transportation charges shall be
paid by Buyer in addition to the price of the Products. Subject
to Seller's right of stoppage in transit, delivery of the
Products to the carrier shall constitute delivery to Buyer and
title and risk of loss shall thereupon pass to Buyer. Selection
of the carrier and delivery route shall be made by Seller unless
specified by Buyer. Seller shall use reasonable efforts to
initiate shipment and schedule delivery as close as possible to
Buyer's requested delivery dates. Buyer acknowledges that
delivery dates provided by Seller are estimates only and that
Seller is not liable for failure to deliver on such dates.
Seller reserves the right to make deliveries in installments.
Delivery of a quantity which varies from the quantity specified
shall not relieve Buyer of the obligation to accept delivery and
pay for the Products delivered. Delay in delivery of one
installment shall not entitle Buyer to cancel other
installments.
5. ACCEPTANCE OF PRODUCTS AND PRODUCT RETURNS.
Inspection and acceptance of the Products shall be Buyer's
responsibility. Buyer is deemed to have accepted the Products
unless written notice of rejection is received by Seller within
ten (10) days after delivery of the Products. Buyer waives any
right to revoke acceptance thereafter. Buyer shall report any
discrepancy in shipment quantity or damage within ten (10) days
after delivery. No return of Products shall be accepted by
Seller without a Return Material Authorization (" RMA" ) Number,
which may be issued by Seller in its sole discretion. Returned
Products must be in original manufacturer's shipping cartons
complete with all packing materials. All Products for return
shall be returned freight prepaid in the manner specified in the
RMA. If returned Products are claimed to be defective, a
complete description of the nature of the defect must be
included with the returned Products. Products not eligible for
return shall be returned to Buyer, freight collect.
6. FORCE MAJEURE. Seller shall not be liable for
failure to fulfill its obligations herein or for delays in
delivery due to causes beyond its reasonable control, including,
but not limited to, acts of God, natural disasters, acts or
omissions of other parties, acts or omissions of civil or
military authority, Government priorities, changes in law,
material shortages, fire, strikes, floods, epidemics, quarantine
restrictions, riots, war, acts of terrorism, delays in
transportation or inability to obtain labor or materials through
its regular sources. Seller's time for performance of any such
obligation shall be extended for the time period of such delay
or Seller may, at its option, cancel any order or remaining part
thereof without liability by giving notice of such cancellation
to Buyer.
7. SELLER'S LIMITED WARRANTY. Seller warrants to Buyer
that upon delivery to Buyer the Products purchased hereunder
shall conform to the applicable manufacturer's specifications
for such Products and that any value-added work performed by
Seller on such Products shall conform to applicable Buyer's
specifications relating to such work. Seller makes no other
warranty, express or implied, with respect to the Products. IN
PARTICULAR, SELLER MAKES NO WARRANTY RESPECTING THE
MERCHANTABILITY OF THE PRODUCTS OR THEIR SUITABILITY OR FITNESS
FOR ANY PARTICULAR PURPOSE OR USE OR RESPECTING INFRINGEMENT.
With respect to Products which do not meet applicable
manufacturer's specifications and with respect to value-added
work by Seller which does not meet applicable Buyer's
specifications, Seller's liability is limited, at Seller's
election, to (1) refund of Buyer's purchase price for such
Products (without interest), (2) repair of such Products, or (3)
replacement of such Products provided, however, that such
Products must be returned to Seller, along with acceptable
evidence of purchase, within thirty (30) days from date of
delivery, transportation charges prepaid. Seller shall transfer
to Buyer whatever transferable warranties and indemnities Seller
receives from the manufacturer of the Products, including any
transferable warranties and indemnities respecting patent
infringement.
8. LIMITATION OF LIABILITIES. BUYER SHALL NOT IN ANY EVENT
BE ENTITLED TO, AND SELLER SHALL NOT BE LIABLE FOR INDIRECT,
SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY NATURE
INCLUDING, WITHOUT LIMITATION, BUSINESS INTERRUPTION COSTS,
REMOVAL AND/OR REINSTALLATION COSTS, REPROCUREMENT COSTS, LOSS
OF PROFIT OR REVENUE, LOSS OF DATA, PROMOTIONAL OR MANUFACTURING
EXPENSES, OVERHEAD, INJURY TO REPUTATION OR LOSS OF CUSTOMERS,
EVEN IF SELLER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES. BUYER'S RECOVERY FROM SELLER FOR ANY CLAIM SHALL NOT
EXCEED BUYER'S PURCHASE PRICE FOR THE PRODUCT GIVING RISE TO
SUCH CLAIM IRRESPECTIVE OF THE NATURE OF THE CLAIM, WHETHER IN
CONTRACT, TORT, WARRANTY, OR OTHERWISE. SELLER SHALL NOT BE
LIABLE FOR AND BUYER SHALL INDEMNIFY, DEFEND AND HOLD SELLER
HARMLESS FROM ANY CLAIMS BASED ON SELLER'S COMPLIANCE WITH
BUYER'S DESIGNS, SPECIFICATIONS OR INSTRUCTIONS, OR MODIFICATION
OF ANY PRODUCTS BY PARTIES OTHER THAN SELLER, OR USE IN
COMBINATION WITH OTHER PRODUCTS.
9. USE OF PRODUCTS IN LIFE SUPPORT, NUCLEAR AND CERTAIN
OTHER APPLICATIONS. Products sold by Seller are not
designed, intended or authorized for use in life support, life
sustaining, nuclear, or other applications in which the failure
of such Products could reasonably be expected to result in
personal injury, loss of life or catastrophic property damage.
If Buyer uses or sells the Products for use in any such
applications: (1) Buyer acknowledges that such use or sale is at
Buyer's sole risk (2) Buyer agrees that Seller and the
manufacturer of the Products are not liable, in whole or in
part, for any claim or damage arising from such use and (3)
Buyer agrees to indemnify, defend and hold Seller and the
manufacturer of the Products harmless from and against any and
all claims, damages, losses, costs, expenses and liabilities
arising out of or in connection with such use or sale.
10. EXPORT CONTROL. The sale, resale or other
disposition of Products and any related technology or
documentation are subject to the export control laws,
regulations and orders of the United States and may be subject
to the export and/or import control laws and regulations of
other countries. Buyer agrees to comply with all such laws,
regulations and orders and acknowledges that it shall not
directly or indirectly export any Products to any country to
which such export or transmission is restricted or prohibited.
Buyer acknowledges its responsibility to obtain any license to
export, re-export or import as may be required.
11. FEDERAL CONTRACTS. For products acquired pursuant
to Federal Acquisition Regulations, the following shall be
construed to be incorporated herein: (1) Equal Opportunity (E.O.
11246) (2) Affirmative Action for Special Disabled and Viet Nam
era Veterans (38 U.S.C. 2012(a)) and (3) Affirmative Action for
Handicapped Workers (29 U.S.C. 793). No other Federal
Acquisition Regulations shall be construed to apply to Seller
without Seller's written agreement thereto.
12. STATEMENTS AND ADVICE. If statements or advice,
technical or otherwise, are offered or given to Buyer, such
statements or advice shall be deemed to be given as an
accommodation to Buyer and without charge and Seller shall have
no responsibility or liability for the content or use of such
statements or advice.
13. INTELLECTUAL PROPERTY. If an order includes
software or other intellectual property, such software or other
intellectual property is provided by Seller to Buyer subject to
the copyright and user license, the terms and conditions of
which are set forth in the license agreement accompanying such
software or other intellectual property. Nothing herein shall be
construed to grant any rights or license to use any software or
other intellectual property in any manner or for any purpose not
expressly permitted by such license agreement.
14. GENERAL. As used herein, terms appearing in the
singular shall include the plural and terms appearing in the
plural shall include the singular. No rights, duties, agreements
or obligations hereunder may be assigned or transferred by
either party, by operation of law, merger or otherwise, without
the prior written consent of the other. Any attempted or
purported assignment shall be void. Notwithstanding the
foregoing, Seller's obligations under these Terms and Conditions
may be performed by divisions, subsidiaries or affiliates of
Seller. The obligations, rights, terms and conditions hereof
shall be binding on the parties hereto and their respective
successors and assigns. The waiver of any provision hereof or of
any breach or default hereunder shall not be deemed a waiver of
any other provision hereof or breach or default hereunder. Any
provision hereof which is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to
the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof in that
jurisdiction or affecting the validity or enforceability of such
provision in any other jurisdiction. These Terms and Conditions
shall be governed by and construed in accordance with the laws
of the State of Arizona excluding any law or principle which
would apply the law of any other jurisdiction. The United
Nations Convention for the International Sale of Goods shall not
apply. |