|Standard Sales Terms and Conditions
The terms and conditions set forth herein shall constitute the entire agreement between Buyer and
Flow Products, Inc.(hereinafter referred to as Seller). Any provision or condition of Buyer’s order which in any way differs from or adds to these terms and conditions is expressly rejected by Seller, shall not be binding upon Seller, not withstanding Seller’s acceptance of Buyer’s purchase order, and Seller hereby objects to any such different or additional provisions and conditions.
All words used in this agreement shall be understood and construed to be of such gender and number as
circumstances may require. All remedies of Seller whether provided for in this agreement or conferred by law are cumulative rights and not alternative and may be enforced successively or concurrently. Any provision hereof found upon judicial interpretation or construction to be prohibited by law shall be ineffective to the extent of such prohibition without invalidating the remaining provisions hereof.
1. PRICES, TAXES AND PAYMENT: The prices specified herein do not include the amount of any present
or future tax applicable to the sale, purchase, manufacture, delivery, use, handling, or consumption of goods
or services hereunder, all such taxes shall be paid by Buyer. Unless specified by Seller to the contrary, the
purchase price is payable in U.S. currency. Payment received in any other currency will be credited on the
basis of the number of U.S. dollars received by Seller upon conversion by it of such other currency. In the
event Buyer requires shipment to a location outside the United States of America, Buyer shall be solely
responsible for all customs and import tariffs, duties and similar charges, and for compliance with all import
procedures, documentation and legal requirements of any other country, unless otherwise specified by the
2. DELIVERY AND ACCEPTANCE: The shipment shall be delivered F.O.B. Seller’s warehouse and title
liability for loss or damage shall pass to Buyer upon Seller’s delivery to a carrier for shipment to Buyer.
Shipping dates acknowledged by Seller and in Buyer’s purchase order are approximate only. All products
shipped by Seller shall be deemed accepted by Buyer if Buyer does not give Seller written notice of rejection
and the reasons therefore within ten (10) days after receipt of products by Buyer.
3. NO WARRANTY IN ADDITION TO MANUFACTURER’S, IF ANY: There are no warranties, express
or implied, representations, promises or statements in connection with the sale of property hereunder except
as may be set forth in manufacturer’s current warranty applying to property covered by this contract. No
person other than Buyer shall be entitled to any right, claim or benefit under the manufacturer’s warranty.
It is the responsibility of the product user to determine the suitability of the Seller’s products for a specific
application. Seller’s obligations for any defective product sold by Seller are limited to assisting Buyer in
pursuing any cause of action available under the manufacturer’s warranty.
SUCH ASSISTANCE IS THE ONLY OBLIGATION OF THE SELLER APPLICABLE TO PRODUCTS
SOLD BY THE SELLER, AND SELLER MAKES NO OTHER PROMISES OR WARRANTIES
INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR PURPOSE, AND EXPRESSLY EXCLUDES ANY LIABILITIES TO
BUYER, BUYER’S CUSTOMERS OR ANY OTHER PERSON FOR PERSONAL INJURY OR
PROPERTY DAMAGE OR ANY OTHER PRODUCT LIABILITIES BASED UPON ALLEGED
NEGLIGENCE OR BREACH OF EXPRESS OR IMPLIED WARRANTY OR STRICT LIABILITY OR
OTHERWISE, AND SELLER NEITHER ASSUMES NOR AUTHORIZES ANY OTHER PERSON TO
ASSUME FOR IT ANY OTHER OBLIGATION OR LIABILITY IN CONNECTION WITH SUCH
The Buyer shall bear the cost of reshipment of the product to Buyer or manufacturer if Seller determines the
product is beyond the warranty period or otherwise not entitled to the benefits of the manufacturer’s
warranty. No labor or other cost for removal of any product sold by Seller from Buyer’s end product in
which it is installed or reinstallation thereof will be provided or allowance given therefore under the
provisions of this paragraph or otherwise.
The provisions of this paragraph shall not apply to any product sold by Seller which has been subject to
misuse, negligence, alteration, conversion, accident or improper installation, application or storage.
4. DELAYS/FAILURE TO DELIVERY: Seller shall not be liable for delays or failure to deliver if such
failure is due to labor stoppages and difficulties, production curtailment due to economic conditions,
casualties, accidents, acts of nature, acts of government, failure or curtailment of Seller’s usual sources of
materials, supplies or transportation, or any other cause beyond the reasonable control of Seller.
5. CLAIMS: LIMITATIONS OF ACTIONS: Excluding Seller’s right to commence an action to collect
amounts owed to it by Buyer, any controversy or claim arising out of or relating to the products sold by
Seller or any agreement relative thereto or the performance or breach thereof shall be settled by arbitration in
the domicile of the Seller in accordance with the rules and procedures then existing of the American
Arbitration Association. Any such arbitration proceeding must be initiated within one (1) year after the
accrual of the cause of action or the shipment of the products by Seller, whichever is first to occur. The
rights and remedies of Buyer and Seller shall be governed by the law of the state in which shipment is made.
6. SELLER’S RIGHT OF POSSESSION: Seller shall have the right, in addition to all others it may possess,
at any time, for credit reasons or because of Buyer’s default or defaults, including those under the Uniform
Commercial Code, to withhold shipments, in whole or in part, and to recall goods in transit, retake same, and
repossess all goods which may be stored with Seller for Buyer’s account, without the necessity of taking any
other proceedings, and Buyer consents that all the merchandise so recalled, retaken, or repossessed shall
become the absolute property of Seller.
7. SECURITY INTEREST: Buyer hereby grants Seller a continuing security interest in all products sold to
Buyer by Seller to secure payment of any outstanding purchase price or charges and any other amounts
payable by Buyer to Seller. Buyer will execute any financing statements and other documents to confirm and
perfect the foregoing security interest as requested by Seller.
8. NO INCIDENTAL OR CONSEQUENTIAL DAMAGES: Seller shall not be liable to Buyer or any other
person for any incidental or consequential damages arising from products sold by Seller, whether arising
from delay or failure to deliver, breach of manufacturer’s warranty or otherwise. Without limiting the
generality of the foregoing, Seller shall not be liable to Buyer or any other person for lost profits, damages
attributable to loss of use of Buyer’s end product, loss of time or inconvenience.
9. ATTORNEY’S FEES: In the event Buyer fails to pay any amounts due Seller, Seller may commence a
civil action to collect such amounts and Buyer shall also pay to Seller all of Seller’s collection costs and
expenses, including reasonable attorney’s fees.