STANDARD TERMS AND CONDITIONS OF SALE (Order ...

1 STANDARD TERMS AND CONDITIONS OF SALE (Order Ac kno wle dgment /Invoice) 1. Acceptance. S E LLE R S AC C E P T ANC E OF B UYE R S P U R C H AS E OR DE R IS E XP R E S S LY M A DE C O ND I T IO NA L O N B U YE R S AC C E P T ANC E OF THE FOLLOWING TERMS AND CONDITIONS OF SALE, WHIC H AR E IN L IE U OF AN Y A DD I T I ON AL OR D IF F E R E NT TE R M S C ON TA I NE D IN B UYE R S PURCHASE ORDER OR OTHER DOCUMENT OR COMMUNICATION P E R TA IN I NG T O B U YE R S OR DE R OR THE GO OD S . B UYE R S AS S E N T TO THE TE R M S AN D C ON D IT I ONS C O NT A INE D IN TH IS D OC UM E N T S HA LL B E C O NC L US IVE LY P R E S UM E D F R OM B UYE R S AC C E P T ANC E OF AL L OR A N Y P AR T OF THE G OO DS OR F R OM P AY M E NT B Y B UYE R F OR AL L OR A NY P AR T OF THE GO OD S.

2 NONE OF T HE S E TE R M S AND C ON D IT I ONS M A Y B E A DDE D T O, M O D IF IE D, S UP E R C E DE D OR OTHERWISE ALTERED, EXCEPT BY A WRITTEN INSTRUMENT SIGNE D BY AN AUTHORIZED EXECUTIVE OF SELLER. FAILURE OF SELLER TO OBJECT TO ANY TERMS OR CONDITIONS WHICH MAY BE CONTAINED I N A NY D OC UM E NT OR F OR M OF B U YE R S H AL L N OT B E C O NS TR UE D AS A W A I VE R OF THE S E C ON D IT I ONS , N OR AS AN AC C E P T ANC E OF AN Y S UC H TE R M S A ND C OND IT I ONS . 2. Payment TERMS . Payment TERMS are net thirty (30) days from the date of this invoice, subject to a of 1% discount if paid within ten (10) days of the date of this invoice.

3 Any payments not made within thirty (30) days of the date of this invoice shall be subject to a late payment charge of 1 % per month (compounded) on the unpaid balance of any amount then passed due. 3. T a xe s. The quoted purchase price may be increased to the extent that Seller s cost of the product sold hereunder may be increased as a result of (1) any agreements, codes, or legislative enactments made or enacted pursuant to federal, state of municipal legislation; and (2) increase in the cost of labor or raw materials. In addition to paying the quoted purchase price, Buyer is solely liable for any excises, levies or taxes which Seller may be required to pay or collect, under any existing or future law, upon or with respect to the sale, purchase, delivery, storage, processing, use, consumption or transportation of any of the goods covered hereby, and Buyer agrees to pay the amount thereof on the same TERMS as it shall pay the quoted purchase price.

4 4. Warranty. Seller warrants that the goods supplied under this invoice (the Goods ) shall conform to the description stated on the reverse side hereof. THE FOREGOING WAR R AN TY IS S E LLE R 'S S O LE WAR R AN TY W IT H R E S P E C T TO T HE S E GO ODS . A L L O THE R W AR R A N T IE S , E XP R E S S OR IM P L IE D, I NC L UD I NG B UT NO T L IM I TE D TO THE IM P L IE D WAR R AN T IE S OF M E R C HAN T AB IL I TY A ND F IT NE S S F OR A P AR T IC U LAR P UR P OS E , AR E HEREBY DISCLAIMED.

5 SELLER'S LIABILITY FOR BREACH OF WAR R AN TY HE R E UN DE R IS L I M I T E D S O L E L Y T O T H E R E P L A C E M E N T O F T H E D E F E C T I V E G O O D S , W H I C H S H A L L B E R E T U R N E D T O S E L L E R ' S P L A N T , T R A N S P O R T A T I O N C H A R G E S P R E P A I D B Y B U Y E R ; A N D T H E F A IL U R E T O G I V E N O T I C E O F A W A R R A N T Y C L A I M W I T H I N T H I R T Y ( 3 0 ) D A Y S F R O M D A T E O F D E L I V E R Y S H A L L C O N S T I T U T E A W A I V E R B Y B O R R O W E R O F A L L C L A I M S I N R E S P E C T T O S U C H G O O D S.

6 T H E F O R E G O I N G S H A L L C O N S T I T U T E T H E S O L E R E M E D Y O F B U Y E R A N D T H E S O L E L I A B I L I T Y O F S E L L E R U N DE R T H I S W A R R A N T Y . 5 . L I M I T A T I O N O F L I A B I L I T Y. S E L L E R ' S L I A B I L I T Y T O B U Y E R , W H E T H E R I N C O N T R A C T , I N T O R T , U N D E R A N Y W A R R A N T Y , I N N E G L I G E N C E O R O T H E R W I S E , S H A L L N O T E X C E E D I N A N Y C A S E T H E R E T U R N O F T H E A M O U N T O F T H E P U R C H A S E P R I C E P A I D B Y B U Y E R A N D U N D E R N O C I R C U M S T A N C E S S H A L L S E L L E R B E L I A B L E F O R S P E C I A L.

7 I N D I R E C T O R C O N S E Q U E N T I A L D A M A G E S . T H E P R I C E S T A T E D F O R T H E G O O D S I S C O N S I D E R A T I O N F O R L I M I T I N G S E L L E R ' S L I A B I L I T Y . N O A C T I O N , R E G A R D L E S S O F F O R M , A R I S I N G O U T O F T H E T R A N S A C T I O N S U N D E R T H I S I N V O I C E M A Y B E B R O U G H T B Y B U Y E R M O R E T H A N O N E ( 1 ) Y E A R A F T E R T H E D A T E O F T H I S I N V O I C E . W I T H O U T L I M I T A T I O N O F T H E F O R E G O I N G , I N N O E V E N T W I L L S E L L E R B E R E S P O N S I B L E O R L I A B L E F O R ( A ) P E N A L T I E S O R P E N A L T Y C L A U S E S O F A N Y D E S C R I P T I O N , O R ( B ) I N D E M N I F I C A T I O N O F B U Y E R O R O T H ER S F O R C O S T S , D A M A G E S O R E X P E N S E S A R I S I N G O U T O F O R R E L A T E D T O T H E G O O D S.

8 6. Claims. Claims by Buyer for shortages or errors in delivery must be made within five (5) days after the delivery of the Goods. Goods are sold subject to the STANDARD manufacturing practices of Seller's suppliers. Goods purchased on the basis of weight are subject to customary quantity variations recognized by practice in the industry. 7 . R e t u r n s. No Goods shall be returned for credit without first obtaining written consent from an executive officer of Seller. 8 . S h i p m e n t. Delivery TERMS are either Seller's plant, Rockford, Illinois, or , a s s p e c i f i e d o n t h e r e v e r s e s i d e o f t h i s d o c u m e n t.

9 I n e i t h e r c a s e , B u y e r s h a l l assume all risk of loss or damage upon delivery by Seller to the carrier at the point of shipment. Scheduled dates of d e l i v e r y a r e determined from the date of Seller s acceptance of any order or orders placed by Buyer and are estimates of approximate dates of delivery, not a guaranty of a particular date of delivery. Seller shall not be liable for any damages caused by failure or delay in shipping the goods described herein, if such failure or delay is due to any war, embargo, riot, fire, flood, accident, mill condition, strike or other labor difficulty, an act of Buyer, an act of God, an act of a governmental authority, transportation shortage or failure, inability to obtain sufficient fuel, labor, materials or manufacturing facilities, or any other cause beyond the reasonable control of Seller.

10 9. Security Interest. Shipments, deliveries and performance of work by Seller shall at all times be subject to the approval of and requirements of the credit department of Seller, including the requirement that Buyer pay part or all of the purchase price in advance. Seller retains a purchase money security interest in all Goods not paid for in full, notwithstanding that the goods have been delivered to Buyer, and Buyer hereby authorized Seller to execute and file financing statements describing the Goods, and other document which may be requested by Seller to evidence its security interest.