Astec Power Terms and Conditions of Sale
The Astec Power company that accepts Buyer’s order for products (“Products”) and/or
services (“Services”) is herein referred to as “Seller” and the customer or person or enti-
ty that places the order for such Products and/or Services with Seller is herein referred to
as “Buyer.” Buyer’s order will be effective only when accepted by Seller in writing in the
form of Seller’s Order Acknowledgement which includes these terms and conditions.
Seller’s acceptance of Buyer’s order is expressly conditional on Buyer’s assent to the addi-
tional or different terms and conditions contained or referenced herein. These terms and
conditions, as well as any terms and conditions on the face of Seller’s Order
Acknowledgement, along with any price list or schedule, catalog, quotation, or invoice
from Seller relevant to the sale of the Products and/or Services and all documents incor-
porated by specific reference herein or therein, constitute the complete and exclusive
statement of the terms of sale of the Products and/or Services by Seller to Buyer. Buyer’s
acceptance of the Products and/or Services will manifest Buyer’s assent to these terms
and conditions. If Seller and Buyer have a written agreement in effect that covers the sale
of the Products and/or Services, that agreement will govern the terms and conditions of
sale exclusively
1. PPRRIICCEESS: Seller’s quotations are valid for a period of thirty (30) days from the date of
the quotation. If Buyer places an order based on a quotation within such thirty (30) day
period, Seller will invoice Buyer at the prices quoted. If Buyer does not place an order
within such thirty (30) days period, Seller shall have the right to change the prices for
such Products and/or Services and invoice accordingly. All prices are exclusive of taxes,
customs duties or fees, transportation charges, and insurance. Buyer is responsible for
payment of all such amounts in addition to the Product price, unless Seller’s quotation
specifies otherwise.
2. TTEERRMMSS OOFF PPAAYYMMEENNTT: With Seller’s approval, payment terms are net thirty (30) days
from date of Seller’s invoice in the currency designated by Seller. Seller shall have the
right, among other remedies, either to terminate this sale or to stop Products in transit
or to suspend further performance under these terms and conditions and/or other
agreements with Buyer in the event Buyer fails to make any payment when due, which
other agreements Buyer and Seller hereby amend accordingly. Buyer shall be liable for all
expenses, including attorneys’ fees, relating to the collection of past due amounts. If any
payment owed to Seller is not paid when due, it shall bear interest, at a rate to be deter-
mined by Seller, which shall not exceed the maximum rate permitted by law, from the
date on which it is due until it is paid. Should Buyer’s financial condition become unsat-
isfactory to Seller, cash payments or security satisfactory to Seller may be required by
Seller prior to shipment or for future deliveries for Products theretofore delivered. If such
cash payment or security is not provided, in addition to Seller’s other rights and reme-
dies, Seller may discontinue deliveries. Buyer hereby grants Seller a security interest in all
Products sold to Buyer by Seller, which security interest shall continue until all such
Products are fully paid for in cash, and Buyer, upon Seller’s demand, will execute and
deliver to Seller such instruments as Seller requests to protect and perfect such security
interest.
3. SSHHIIPPMMEENNTT AANNDD DDEELLIIVVEERRYY: In order for Seller to have a reasonable opportunity to ship
in accordance with Buyer’s requested shipment dates, Buyer must provide Seller with
forecasts in a manner mutually agreeable to the parties and Buyer’s requested shipment
dates must be consistent with Seller’s quoted lead times. While Seller will use all reason-
able commercial efforts to ship in accordance with the requested shipment date(s), all
shipping dates are approximate and not guaranteed. Seller reserves the right to make
partial shipments. If the shipment is postponed or delayed by Buyer for any reason,
Buyer agrees to reimburse Seller for any and all storage costs and any other related
expenses. Title and risk of loss or damage shall pass from Seller to Buyer upon delivery
to the first carrier FCA at the mutually agreed location in the city specified by Seller
(Incoterms 2000). If Buyer’s order contains shipping instructions, Seller will use reason-
able commercial efforts to comply with such shipping instructions. If Buyer’s order does
not contain shipping instructions, Seller will deliver the Products to a carrier chosen by
Seller on Buyer’s behalf. In either case, such shipments will be made “FREIGHT COL-
LECT”. Any claims for shortages or damages suffered in transit are the responsibility of
Buyer and shall be submitted by Buyer directly to the carrier. Any claims for shortages or
damages alleged by Buyer to have resulted from Seller’s acts or omissions prior to deliv-
ery to the carrier must be evidenced by supportive documentation generally accepted in
the transportation industry. Any course of dealing to the contrary notwithstanding, fail-
ure of Buyer to give Seller notice of any claim that Seller is responsible for shortages or
damages within thirty (30) days after receipt of such Products shall be an unqualified
acceptance of such Products.
4. LLIIMMIITTEEDD WWAARRRRAANNTTYY AANNDD RREEMMEEDDIIEESS: Seller warrants that the Products manufactured
by Seller will be free from defects in material and workmanship and meet the applicable
Product specifications under normal use and service during the applicable Product war-
ranty period starting on the date of manufacture of the Products by Seller. Products
described in Seller’s then current Product data sheets (“Standard Products”) are war-
ranted for the period specified therein, unless Seller’s quotation specifies otherwise.
Such Product data sheets may be obtained at Astec Power’s website
(www.astecpower.com). All other Products (“Custom Products”) are warranted for the
period specified in Seller’s quotation.
These warranties do not extend to any losses or damages due to misuse, accident, abuse,
neglect, normal wear and tear, unsuitable power sources, unsuitable environmental con-
ditions, negligence (other than Seller’s), unauthorized modification or alteration,
improper installation, maintenance or application or any other cause not the fault of
Seller. To the extent that Buyer or its agents have supplied specifications, information,
representation of operating conditions or other data to Seller in the selection or design
of the Products and the preparation of Seller’s quotation, and in the event that actual
operating conditions or other conditions differ from those represented by Buyer, any
warranties or other provisions contained herein which are affected by such conditions
shall be null and void.
If Buyer notifies Seller in writing within thirty (30) days after Buyer’s discovery of any war-
ranty defects during the applicable warranty period, Seller shall, at its option, repair,
replace, or refund the purchase price for the Products found by Seller to be defective.
Failure by Buyer to give such written notice within the applicable time period shall be
deemed an absolute and unconditional waiver of Buyer’s claim for such defects. Advance
written permission to return Products that are claimed to be defective must be obtained
from Seller in the form of Seller’s Return Material Authorization (“RMA”). Such Products
must be shipped, transportation prepaid, to Seller in accordance with Seller’s then cur-
rent RMA policy and procedures. Products returned without Seller’s written permission
will not be accepted by Seller. Products repaired or replaced during the applicable war-
ranty period will be returned to Buyer at Seller’s expense and will be covered by the fore-
going warranties for the remainder of the original warranty period or ninety (90) days
from the date of shipment, whichever is longer. Buyer assumes all other responsibility
for any loss, damage, or injury to persons or property arising out of, connected with, or
resulting from the use of Products, either alone or in combination with other
products/components. This Section 4 applies to any entity or person who may buy,
acquire or use the Products, including any entity or person who obtains the Products
from Buyer, and shall be bound by the limitations therein, including Section 5. Buyer
agrees to provide such subsequent transferee conspicuous, written notice of the provi-
sions of Sections 4 and 5. TTHHEESSEE AARREE TTHHEE SSOOLLEE AANNDD EEXXCCLLUUSSIIVVEE WWAARRRRAANNTTIIEESS AANNDD
RREEMMEEDDIIEESS ((OOTTHHEERR TTHHAANN TTHHEE WWAARRRRAANNTTYY PPRROOVVIIDDEEDD I
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RRIISSKK..
6. PPAATTEENNTTSS AANNDD CCOOPPYYRRIIGGHHTTSS: Subject to the limitations of Section 5, Seller warrants
that the Products manufactured by Seller, except as are made specifically for Buyer
according to Buyer’s specifications, do not infringe any valid U.S. patent or copyright in
existence as of the date of shipment. This warranty is given upon the following condi-
tions: (i) that Buyer promptly notifies Seller of any claim or suit or threat thereof involv-
ing Buyer in which such infringement is alleged; (ii) that Buyer provides all reasonable
assistance and cooperation requested by Seller in settling or defending against the claim
or suit; and (iii) that Buyer permits Seller to control completely the defense, settlement
or compromise of any such allegation of infringement. This warranty only applies to
infringement arising out of operation of the Products according to Seller’s specifications.
Buyer agrees that Seller shall not be liable for infringement, and that Buyer shall fully
indemnify Seller therefore: (i) if infringement is based upon use of the Products in con-
nection with products not manufactured by Seller or in a manner for which the Products
were not designed by Seller; (ii) if the Products were not designed by Seller; or (iii) if the
Products were designed by Buyer or were modified by or for Buyer in a manner to cause
them to become infringing. In the event any such Products are held to infringe any such
U.S. patent or copyright in any such suit, and the use of such Products is enjoined, or in
the event that Seller elects to compromise or settle the claim, Seller shall have the right,
at its option and expense, to procure for Buyer the right to continue using such Products,
to replace them with non-infringing Products, to modify the Products to become non-
infringing, or to grant Buyer a credit for the depreciated value of such Products and
accept return of them. In the event of the foregoing, Seller may also, at its option, can-
cel this sale as to future deliveries of such Products, without liability. TTHHIISS SSEECCTTIIOONN 66
SSEETTSS FFOORRTTHH SSEELLLLEERR’’SS EEXXCCLLUUSSIIVVEE LLIIAABBIILLIITTYY,, AANNDD BBUUYYEERR’’SS EEXXCCLLUUSSIIVVEE RREEMMEEDDIIEESS,, FFOORR
IINNFFRRIIN
NGGEEMMEENNTT OOFF IINNTTEELLLLEECCTTUUAALL PPRROOPPEERRTTYY RRIIGGHHTTSS BBYY SSEELLLLEERR..
7. EEXXCCUUSSEE OOFF PPEERRFFOORRMMAANNCCEE: Seller shall not be liable for delays in performance or for
non-performance due to acts of God; war; fire; flood; weather; sabotage; strikes or labor
disputes; civil disturbances or riots; governmental requests, restrictions, allocations,
laws, regulations, orders or actions; unavailability of or delays in transportation; inability
to secure materials; default or delay of suppliers; acts of Buyer; or unforeseen circum-
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