RESU 10M

6.4 The Warranty for defective ‘Products’ are only valid when they have been repaired or replaced
by LG Chem qualified personnel.
In the event the Products are not available in the market anymore, LGC, at its option, may replace it
with different kind of product with equivalent functions and performances or refund the remaining
annually depreciated value of the purchase price of the Products during the Term of Performance
Warranty as the Compensation Scheme below. The purchase price mentioned hereinabove means the
list price actually paid by the Buyer for the purchase.
- Compensation Scheme -
 Residual value in EUR = purchasing price in EUR / 120 x (120 - Operation time after
installation in month)
 No warranty of performance will be provided from the 121st month
7. General Exclusions
This Limited Warranty does not apply to any defect or performance failure resulting from any of the
following.
 When the ‘Products’ are not manufactured by 'LG Chem'
 When the ‘Products’ are transported, stored, installed or wired improperly and in violation
of the official installation manual.
 When the ‘Buyer’ disassembles or dismantles the 'Products' without prior consent of 'LG
Chem'.
 When a third-party’s product or part is assembled or used in combination with ‘Products’ of
'LG Chem'. Or when the ‘Products’ are affected by unusual physical or electrical stresses
such as blackout, inrush current, lightning, flood, fire, incidental damage, or etc.
 When the defect occurs or the scope of the defect expands due to improper repair of
‘Products’ carried out by non- approved technician by ‘LG Chem’.
 When a fault occurs in the ‘Products’ due to the wilful misconduct or negligence of the
'Buyer'.
 When the defect occurs due to the misuse, faulty use, or negligent use of the ‘Products’.
 When the ‘Buyer’ violated Article 8.
 When the ‘Products” are used with an incompatible (Not Matched) inverter.
 When the ‘Products’ are used for purposes other than the Application under Article 4.
 When a claim is raised for the ‘Products’ after the warranty period specified in Article 3 and
Article 4 has elapsed.
 When the scope of the defect has expanded because the 'Buyer’ did not immediately notify
‘LG Chem’ of the defect of the ‘Products’.
 When the defect occurs in the '‘Products’' due to force majeure events, such as war, riot,
civil war, natural disasters, etc., that ‘LG Chem’ cannot be held responsible for.
 When the ‘Products’ are externally damaged but its performance and function is not
affected.
 When the 'Buyer' violates applicable laws or regulations of the state, county or local
government while using the '‘Products’'