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LYON ELECTRIC, INC.
TERMS AND CONDITIONS OF SALE
1. SCOPE. These terms of sale apply to the sales of products by Lyon Electric Company, Inc. (Seller). These terms may in some instances
conflict with some of the terms proposed by the Buyer. Therefore, acceptance of the Buyer's order is made only on the express understanding
that to the extent that any of these terms and conditions conflict with any terms of the Buyer's order, these terms and conditions shall govern.
These terms shall be deemed accepted by Buyer's placing an order, accepting the goods, or tendering full or partial payment. Seller's failure to
object to provisions contained in any communication from Buyer shall not be deemed a waiver of these terms. Any additions to or deviation from
these terms must be proposed to Seller at its office, and must be accepted in writing by Seller before such terms will become part of the
contract.
2. APPROVAL OF ORDERS. All orders and contracts must be approved and accepted by Seller at its office.
3. PRICE. The price to be paid by Buyer shall be that contained on Seller's price list and/or catalog at the time the order is received. Seller
reserves the right to change prices without notice.
4. PAYMENT. Unless otherwise expressly agreed, no order will be accepted by Seller unless the full purchase price and all other charges
accompany the order. If Seller agrees to sell to Buyer on open account, Buyer shall pay the full price and all charges within thirty (30) days after
shipment of the goods by Seller.
5. LATE PAYMENT CHARGE. Buyer shall pay a late payment charge equal to 1.5% per month on any payment which is not paid when due.
6. SECURITY INTEREST. Seller shall retain a security interest in all goods, as security for the full payment of all sums owed by Buyer. Buyer
hereby appoints Seller as Buyer's agent to sign and file any UCC-1 financing statements to evidence this security interest.
7. SALES TAX. Buyer shall pay any and all applicable tax or use tax, if any, plus any other applicable federal, state, or local taxes imposed on
this sale, excluding, however, any income tax.
8. SELLER TO PACKAGE GOODS. Seller will package the goods for shipment within the continental United States. Buyer shall pay Seller the
reasonable cost of packaging pursuant to Buyer's special instructions or for export.
9. SHIPPING. All shipments are F.O.B. point of shipment. Unless otherwise expressly agreed, shipments shall be rerouted at Seller's
discretion. Buyer shall pay Seller the cost of shipment, including any export charges or taxes. All costs of insurance, documentations, and bank
charges incurred in shipments shall be borne by Buyer.
10. RISK OF LOSS. Title and risk of loss or damage to Buyer when accepted by the carrier at point of shipment. Claims for loss or damage
during transit or storage must be made by Buyer directly to the carrier, storage company, or insurance company, if any. Seller will insure the
goods during shipment. Insurance charges are to be paid for by Buyer.
11. INSPECTION. Buyer shall promptly examine all goods upon delivery. Buyer shall notify Seller within ten (10) business days after delivery
of any damages on account of condition, quality or grade of the goods, and Buyer must specify in detail the basis of the claim. Failure of Buyer
to comply with these terms shall constitute acceptance of the goods and a waiver of any claims for damages.
12. REQUIRED AUTHORIZATION FOR RETURN OF UNUSED GOODS. Goods may be returned to Seller for credit only upon authorization
issued by Seller, at Seller's option, subject to a restocking charge. Authorization may be sought by writing to 2765 Main Street, Chula Vista, CA
91911, or telephoning (619) 585-9900. All returned items must be sent to Lyon's street address, 2765 Main Street, Chula Vista, CA 91911,
freight prepaid and no items returned will be accepted unless in a new, unused condition. No obsolete products may be returned. No special
item of manufacturer may be returned to Seller for credit.
13. DISCLAIMER OF WARRANTIES.
13.1 GOODS ARE OFFERED AS IS AND WITH ALL FAULTS. THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE
GOODS IS WITH BUYER. SHOULD THE GOODS PROVE DEFECTIVE FOLLOWING THEIR PURCHASE, THE BUYER, AND NOT THE
MANUFACTURER OR SELLER, ASSUMES THE ENTIRE COST OF ALL SERVICING REPAIRS, BUYER UNDERSTANDS THAT ALL
EXPRESSED AND IMPLIED WARRANTIES ARE EXCLUDED FROM THIS SALE, EXCEPTING ONLY AS SPECIFIED IN SECTION 20
BELOW.
13.2 SOME STATES DO NOT ALLOW LIMITATIONS ON HOW LONG AN IMPLIED WARRANTY LASTS OR EXCLUSIONS OR
LIMITATIONS OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU. THE
LIMITED WARRANTY CONTAINED HEREIN GIVES YOU SPECIFIC LEGAL RIGHTS, AND YOU MAY HAVE OTHER RIGHTS WHICH
VARY FROM STATE TO STATE.
14. DISCLAIMER OF WARRANTY OF MERCHANTABILITY AND FITNESS. NO WARRANTY OF MERCHANTABILITY OR FITNESS FOR
INTENDED OR PARTICULAR PURPOSE IS IMPLIED IN THIS SALE. BUYER UNDERSTANDS AND AGREES THAT SELLER EXPRESSLY
REFUSES TO GUARANTEE THAT THE GOODS ARE MERCHANTABLE OR FIT FOR THE ORDINARY PURPOSES FOR WHICH SUCH
GOODS ARE USED.
15. AUTHORITY OF SELLER'S AGENT. No agent, employee, or representative of the Seller has any authority to bind the Seller to any
affirmation, representation, or warranty concerning the goods sold under this agreement, unless specifically included in writing.
16. REMEDIES. Buyer and Seller shall have all remedies afforded each by the California Commercial Code.
17. APPLICABLE LAW. The sale and any disputes arising hereunder shall be governed by the laws of the State of California. All disputes shall be resolved
by courts in the County of San Diego, California, U.S.A.
18. ATTORNEY'S FEES. In the event of any dispute with respect to this sale or agreement, the party prevailing in any court resolution of such dispute shall be
entitled to recover from the other party all reasonable attorney's fees and related costs.
19. ENTIRE AGREEMENT. This documentation, the order form and the current price schedule contain the entire agreement between parties, and they
supersede all prior representations, agreements, understanding, trade practices, proposals or contracts. The word "products" and "goods" used herein mean
one and the same thing.
20. LIMITED WARRANTY.
20.1 Certain products are purchased by Lyon Electric Company, Inc., (Lyon) from other manufacturers, for resale as purchased. The warranty on such
products is as provided by the other manufacturer, which warranty is assigned by Lyon to Buyer.
20.2 As to any products manufactured by Lyon, Lyon warrants its products to be free from defects in material and workmanship for a period of ninety (90)
days after the date of purchase by the first user of the products. Within the warranty period, Lyon will repair or replace, at its option, subject to Buyer's
receiving from Lyon an authorization for return of the products which are returned to Lyon with shipping charges prepaid, and are determined to be
defective upon examination by Lyon. This warranty will not apply to any product which has been subject to alteration, misuse, abuse, rough handling,
negligence, accident or other circumstances beyond the control of Lyon.
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