Please
read these terms and conditions carefully. They materially affect the parties'
obligations. TEKRA CORPORATION ("Seller") will accept orders and do
business only on these terms and conditions.
1.
Controlling Provisions. This document (the "Contract") constitutes
an offer by Seller to provide the goods and/or services described herein (the
"Products") to the buyer to which this offer is addressed (the
"Buyer"). Buyer's acceptance of this offer is limited to the terms
contained in this offer. Seller objects to and rejects any additional,
different or varying terms proposed by Buyer and Seller's offer shall be deemed
accepted without such additional, different or varying terms. All orders for
Products are subject to acceptance by Seller. BUYER'S ORDER WILL BE ACCEPTED
ONLY ON THE TERMS
2.
Acceptance. Buyer shall be deemed to have accepted these terms and
conditions on the earliest of the following to occur: (a) Seller's receipt
of a copy of this Contract signed by Buyer; (b) Buyer's payment of any amounts
due under this Contract; (c) Buyer's delivery to Seller of any material to be
furnished by Buyer; (d) Seller's delivery of the Products; (e) failure by Buyer
to notify Seller to the contrary within ten days of receipt of this Contract;
or (f) any other event constituting acceptance under applicable law.
3.
Compliance with Laws. Buyer agrees to comply with all laws and regulations
applicable to the purchase, transport, use, storage, sale, lease and/or
disposal of the Products including, without limitation, to the extent
applicable, the U.S. Export Administration Act and all regulations thereunder.
4.
Excuse From Performance. Seller is excused from performance if
performance is rendered impracticable by any accident; war or terrorism; delay,
interruption in or failure of sources or subcontractors to supply materials and
equipment; labor or transportation problem; flood, fire, earthquake or other
act of God; or other causes and conditions that are beyond Seller's reasonable
control; or any governmental orders, contracts, priorities, directives,
requisitions or requests, whether or not voluntarily assumed. In the event of
any such occurrence, Seller may, at its option and without incurring liability,
prorate its deliveries, cancel all or any portion of the Contract and/or extend
any date upon which performance is due hereunder.
5.
Taxes and Fees. Unless otherwise specified on the front of this form,
prices do not include any manufacturer's, sales, use or excise taxes, or other
taxes, charges or duties. Buyer will pay or reimburse Seller on demand for all
such taxes, charges and duties. Buyer will also pay Seller any collection fees
and reasonable attorneys' fees incurred by Seller in enforcing this Contract or
collecting amounts due.
6.
Prices; Payment Terms. Unless specifically held open for a
length of time on Seller's Quotation, all prices are subject to change without
notice and any unshipped balances on purchase orders will be invoiced to and
paid by Buyer at prices in effect at the time of delivery. Unless otherwise
specified on the front of this form, invoices are payable in full 30 days following
the invoice date. Seller may, in its sole discretion, agree to accept payment
by credit card from time to time; however, cash/early payment discounts shall
not apply. For credit card payments, information must be presented at time of
order. Seller shall charge the purchase price against the credit card at time
of order. Invoices not paid within 60 days following the invoice date are
subject to a service charge on the unpaid balance equal to the lesser of 1% per
month or the maximum rate permitted by law.
Notwithstanding
the foregoing, terms of payment on all orders are subject to the approval of
Seller's credit department. If Buyer does not pay Seller any amount due under
this Contract or any other agreement when such amount is due or if Buyer
defaults in the performance of this Contract, Seller may, without incurring
liability to Buyer and without prejudice to Seller's other lawful remedies
(a) terminate Seller's obligations under this Contract; (b) declare
immediately due and payable all Buyer's obligations to Seller; (c) change
credit terms with respect to any further work; (d) suspend or discontinue
any further work; and/or (e) repossess the Products. Buyer shall not set off
amounts due to Seller against claims against Seller.
7.
Risk of Loss; Shipment. Unless otherwise specified on the
front of this form, all shipments are F.O.B. Buyer's facility named on the
front of this form. Shipping dates on any order are estimates only. Seller will
use every reasonable effort to meet the estimated shipping date, subject to
Buyer's prompt provision of all necessary, complete and correct specifications
and information, but Seller will not be held responsible for failure to meet
such estimated dates. All acknowledgments are based on Buyer accepting over-run
and under-run not exceeding 10% of the quantity ordered; full mill trim will be
accepted by Buyer. Title to Products shall pass to Buyer F.O.B. Seller's
facility. Buyer's
orders or mutually agreed change orders shall be subject to all provisions of
this Contract, whether or not the order or change order so states.
8. Exclusive Limited Warranty.
(a) Products Made by Another. If Buyer's order is
for Products made by a third party, Buyer acknowledges that SELLER IS NOT
THE MANUFACTURER OF THE PRODUCTS
(b)
Seller's Standard Coating and Converting Policy; Buyer's Testing Obligation.
If Buyer's order is for Products with standard coating or converting, Seller
warrants to Buyer that upon delivery the Products will materially conform to
Seller's specifications, which will be provided at Buyer's request. Because of
the variable characteristics of the Products, Buyer shall, before using any
Products in production, perform its own tests to determine to its satisfaction
whether the Products are acceptable and suitable for its particular purposes
under its operating conditions.
(c)
Seller's Toll Coating Policy. If Buyer's order is for Products with toll
coating, Buyer must provide performance specifications in advance of the
coating operation. Seller will review Buyer's specifications and advise Buyer
if such specifications can be materially met. Buyer understands and acknowledges
that, due to the variables of coating technology, high yield losses, i.e., 10%
to 20%, may be experienced in the coating operation. Seller will invoice and
Buyer agrees to pay for the amount of materials processed in the coating
operation, rather than for the quantity of Products actually shipped. If Seller
has reviewed and approved Buyer's specifications in writing, Seller warrants to
Buyer that upon delivery the Products will materially comply with such
specifications. Orders manufactured to Buyer's specifications, drawings,
designs or descriptions are executed only with the understanding that Buyer
will indemnify and hold harmless Seller from any and all damages sustained by
Seller, including, but not limited to, reasonable attorneys' fees, resulting from
any action or threatened action against Seller for (i) infringement of the
patents or proprietary right of any other party, or (ii) injury to person
or property, including death, relating to defects in Buyer's specifications,
drawings, designs or descriptions.
(d)
Seller's Heat Stabilized Film Coating Policy. If Buyer's order is for
Products that are coated heat stabilized film, Buyer understands the inherent
problems with coating heat stabilized film and acknowledges that SELLER
MAKES NO WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY
IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE with
respect to such Products.
(e)
No Other Warranties: Warranty Exclusions. THE ABOVE WARRANTIES
9.
Limitation of Remedies and Damages. SELLER'S LIABILITY
SELLER
WILL HAVE NO RESPONSIBILITY INSOFAR AS ANY PRODUCT IS MADE OR MODIFIED BY BUYER
OR ANOTHER
10.
Buyer's Trademarks. Buyer warrants that any trademark Buyer requests Seller
to affix to any Product labels or packaging is owned or authorized for use by
Buyer.
11.
Claims, Cancellation and Returns. All claims for damages,
shortages or other errors must be made to Seller in writing within 15 days of
delivery of the Products; all other claims must be made within 30 days of receipt
of the Products. BUYER'S FAILURE TO MAKE ANY CLAIM WITHIN THE SPECIFIED TIME
PERIOD WILL RESULT IN THE UNCONDITIONAL WAIVER OF SUCH CLAIM. Seller reserves
the right to accept or reasonably reject any claim in whole or in part. Orders
may not be cancelled, modified or suspended without Seller's prior written
consent. Cancellation, modification, suspension, or delay in shipment of
Buyer's order will not be accepted on terms that will not fully indemnify and
reimburse Seller against all loss, including but not limited to incidental and
consequential damages. Such indemnity will include recovery of all direct costs
incurred, including normal indirect and overhead charges and normal profit. No
Products may be returned to Seller without its prior, written authorization and
Products may be returned only on the terms or conditions specified in such
authorization. Returned Products must be of current manufacture, unused, in
resalable condition, and securely packed to reach Seller without damage. Any
cost incurred by Seller to put Products in first class condition will be
charged to Buyer. All Product returned to Seller may be subject to a restocking
charge plus the costs of freight, packaging, insurance and any import or export
costs.
12.
Notices. Any notice relating to this Contract will be sent by
first class mail and will be presumed to be given when deposited, postage
prepaid, in a United States Post Office or authorized depository and addressed
to the other party at the address given herein. Alternatively, notices may be
sent by facsimile or electronic mail and will be presumed to be given when sent
if confirmed by mailed notice sent in accordance with the previous sentence.
13.
Setoff. Seller may set off any amount due from Buyer, whether
or not under this Contract, against any amount that may become due to Buyer
hereunder.
14.
Assignment. Buyer may not assign any of its rights, duties or
obligations under this Contract without Seller's prior written consent and any
attempted assignment without such consent, even if by operation of law, will be
void. Subject to the foregoing, this Contract shall inure to the benefit of and
bind the parties and their successors and permitted assigns.
15.
Controlling Law. The validity, construction and enforcement of this Contract
will be governed by and interpreted under the internal laws of the State of
Wisconsin. This Contract shall not be governed by the United Nations Convention
on Contracts for the International Sale of Goods ("CISG"). Upon
termination of this Contract for any reason, Seller shall have all of the
rights and remedies provided by law, including, without limitation, the rights
of a secured party under Chapter 409, Wisconsin Statutes or any successor
statute or similar statute in the jurisdiction where Buyer is located,
incorporated or organized, or stores the Products. Any cause of action, claim,
suit or demand by Buyer allegedly arising from or related to the terms of this
Contract or the relationship of the parties shall be brought in a Court
situated in the State of Wisconsin. Both parties hereby irrevocably admit
themselves to and consent to the jurisdiction of said Court.
16.
Severability; Waiver. The invalidity of any provision or clause of this
Contract shall not affect the validity of any other provision or clause hereof.
Seller reserves the right to correct clerical or similar errors relating to
price or any other term shown in this Contract. The failure of either party to
insist, in any one or more instances, upon performance of any term, covenant or
condition of this Contract shall not be construed as a waiver or relinquishment
or any right granted hereunder or the future performance of such term, covenant
or condition.
17.
Independent Contractor. Buyer is an
independent contractor and neither Buyer nor any of its employees or agents
shall be considered an employee or agent of Seller. Neither Buyer nor any of
its employees or agents is authorized to incur any obligations or make any
promises or representations on Seller's behalf.
18. Survival. The provisions found in
sections 1, 6, and 15 and the warranty and damage limitations and indemnity
rights in sections 8 and 9, and any other provision the performance or
effectiveness of which naturally survives, shall survive expiration or
termination of the parties' agreement for any reason. All of Seller's remedies
herein are cumulative and not exclusive of any other remedies available to
Seller at law, by contract or in equity.
(12/06
Rev. 1)