Warranty

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macLEDS STANDARD TERMS AND CONDITIONS OF SALE

macLEDS documentation of sales terms shall govern all sales transactions. Customer’s Purchase

Order shall not be binding on macLEDS and acceptance of Customer’s Purchase Order is

expressly made conditional on Customer’s acceptance of macLEDS Standard Terms and

Conditions of Sale (“Standard Terms”) as set forth herein (or as amended and published from

time-to-time by macLEDS). macLEDS Standard Terms may not be varied, except in writing signed

by a macLEDS officer at macLEDS Headquarters. These Standard Terms in conjunction with the

applicable macLEDS invoice include all the terms, warranties, and conditions pertaining to each

transaction, and can in no way be altered, modified or changed by Customer or by any macLEDS

sales agent or sales representative, verbally or otherwise.

1. PAYMENT TERMS

50% deposit upon order, net 30 days. 2% monthly service charge after 30 days.

2. PRICES, QUOTATIONS, TRADE DESCRIPTIONS, SPECIFICATIONS

Unless otherwise indicated, all prices and quotations shall be valid for a period of up to 90 days

from the date of quotation and are subject to these Terms and Conditions. macLEDS reserves

the right to withdraw or change any quotation at any time for any reason prior to macLEDS

written acknowledgement of any purchase order. Possession of the distributor net price list

does not constitute in itself an offer to sell for a current price. All macLEDS takes all reasonable

precautions to ensure that the price quotations, descriptions, illustrations, and technical data in

macLEDS catalogs, distributor net price lists, and any of its other publications are correct at the

time of printing, but shall not be responsible for any errors or omissions. All macLEDS

information is intended as guidance only and macLEDS reserves the right to change such

information at any time. macLEDS endeavors to correctly ship quantities ordered. It shall be the

responsibility of the buyer to verify quantities.

3. SHIPMENTS

Freight on individual shipments to a destination within the Continental USA shall be prepaid by

macLEDS and billed to buyer unless order is $5000 or more, in which case freight will be paid by

macLEDS. Freight on shipments made to a destination outside the Continental USA including,

but not limited to, Hawaii, Alaska, Puerto Rico, or any foreign country, are prepaid by macLEDS

to a Continental USA forwarder's warehouse determined by macLEDs unless otherwise stated by

the buyer and billed to buyer and such shipments are the buyer's responsibility beyond such

point (including, without limitation, cost for export packing and handling and customs or taxes

and tariffs). All shipments are FOB Rochester, NY. In all events, macLEDS retains the right to

select the carrier, method, and route of shipment for which it bears the cost. macLEDS reserves

the right to make partial shipments unless otherwise stipulated in buyer's purchase order. Each

such partial shipment will be invoiced by macLEDS at time of shipping and shall be paid by buyer

Summary of content (4 pages)

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macLEDS STANDARD TERMS AND CONDITIONS OF SALE macLEDS documentation of sales terms shall govern all sales transactions. Customer’s Purchase Order shall not be binding on macLEDS and acceptance of Customer’s Purchase Order is expressly made conditional on Customer’s acceptance of macLEDS Standard Terms and Conditions of Sale (“Standard Terms”) as set forth herein (or as amended and published from time-to-time by macLEDS).
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when due, without regard to subsequent shipments. Delay in any partial shipment shall not relieve buyer of its obligation to accept the remaining shipments of the order. macLEDS shall have the right to stop delivery at any time and the discretion to terminate any order if buyer defaults on payment of any shipment after it has become past due for payment.
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in any way arise out of, or by reason of, or are claimed to arise out of, or by reason of, the use or misuse of the products hereunder, excepting only such injuries, damages, costs, losses, penalties, demands, claims; actions, causes of action, judgments, assessments, obligations, liabilities, and expenses which have been demonstrated and proven to be resulting from the sole gross negligence or willful misconduct of macLEDS.
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Any applicable federal, state, local or other government tax or charge on the sale or shipment of the Equipment shall be added to the price and paid by Purchaser. Purchaser agrees to hold harmless macLEDS from all such taxes, including interest and penalties thereon, and any costs and expenses in connection therewith. 12.