Brochure
Page 32 / Catalog OEM-1, Couplings
OFFER OF SALE
The items described in this document and other documents and descriptions provided by Parker Hannin Corporation, its subsidiaries and its authorized distributors
(“Seller”) are hereby offered for sale at prices to be established by Seller. This offer and its acceptance by any customer (“Buyer”) shall be governed by all of the following
Terms and Conditions. Buyer’s order for any item described in its document, when communicated to Seller verbally, or in writing, shall constitute acceptance of this offer. All
goods or work described will be referred to as “Products”.
1. Terms and Conditions. Seller’s willingness to offer
Products, or accept an order for Products, to or from
Buyer is expressly conditioned on Buyer’s assent to
these Terms and Conditions and to the terms and con-
ditions found on-line at www.parker.com/saleterms/.
Seller objects to any contrary or additional term or
condition of Buyer’s order or any other document
issued by Buyer.
2. Price Adjustments; Payments. Prices stated on
the reverse side or preceding pages of this document
are valid for 30 days. After 30 days, Seller may change
prices to reect any increase in its costs resulting from
state, federal or local legislation, price increases from
its suppliers, or any change in the rate, charge, or
classication of any carrier. The prices stated on the
reverse or preceding pages of this document do not
include any sales, use, or other taxes unless so stated
specically. Unless otherwise specied by Seller, all
prices are F.O.B. Seller’s facility, and payment is due
30 days from the date of invoice. After 30 days, Buyer
shall pay interest on any unpaid invoices at the rate of
1.5% per month or the maximum allowable rate under
applicable law.
3. Delivery Dates; Title and Risk; Shipment. All
delivery dates are approximate and Seller shall not
be responsible for any damages resulting from any
delay. Regardless of the manner of shipment, title to
any products and risk of loss or damage shall pass to
Buyer upon tender to the carrier at Seller’s facility (i.e.,
when it’s on the truck, it’s yours). Unless otherwise
stated, Seller may exercise its judgment in choosing
the carrier and means of delivery. No deferment of
shipment at Buyers’ request beyond the respec-
tive dates indicated will be made except on terms
that will indemnify, defend and hold Seller harmless
against all loss and additional expense. Buyer shall
be responsible for any additional shipping charges
incurred by Seller due to Buyer’s changes in shipping,
product specications or in accordance with Section
13, herein.
4. Warranty. Seller warrants that the Products sold
hereunder shall be free from defects in material or
workmanship for a period of twelve months from the
date of delivery to Buyer or 2,000 hours of normal use,
whichever occurs rst. This warranty is made only to
Buyer and does not extend to anyone to whom Prod-
ucts are sold after purchased from Seller. The prices
charged for Seller’s products are based upon the
exclusive limited warranty stated above, and upon the
following disclaimer: DISCLAIMER OF WARRANTY:
THIS WARRANTY COMPRISES THE SOLE AND
ENTIRE WARRANTY PERTAINING TO PRODUCTS
PROVIDED HEREUNDER. SELLER DISCLAIMS ALL
OTHER WARRANTIES, EXPRESS AND IMPLIED,
INCLUDING MERCHANTABILITY AND FITNESS
FOR A PARTICULAR PURPOSE.
5. Claims; Commencement of Actions. Buyer
shall promptly inspect all Products upon delivery. No
claims for shortages will be allowed unless reported to
the Seller within 10 days of delivery. No other claims
against Seller will be allowed unless asserted in writ-
ing within 60 days after delivery or, in the case of an
alleged breach of warranty, within 30 days after the
date within the warranty period on which the defect
is or should have been discovered by Buyer. Any
action based upon breach of this agreement or upon
any other claim arising out of this sale (other than an
action by Seller for any amount due to Seller from
Buyer) must be commenced within thirteen months
from the date of tender of delivery by Seller or, for a
cause of action based upon an alleged breach of war-
ranty, within thirteen months from the date within the
warranty period on which the defect is or should have
been discovered by Buyer.
6. LIMITATION OF LIABILITY. UPON NOTIFICA-
TION, SELLER WILL, AT ITS OPTION, REPAIR OR
REPLACE A DEFECTIVE PRODUCT, OR REFUND THE
PURCHASE PRICE. IN NO EVENT SHALL SELLER
BE LIABLE TO BUYER FOR ANY SPECIAL, INDI-
RECT, INCIDENTAL OR CONSEQUENTIAL DAMAG-
ES ARISING OUT OF, OR AS THE RESULT OF, THE
SALE, DELIVERY, NON-DELIVERY, SERVICING,
USE OR LOSS OF USE OF THE PRODUCTS OR
ANY PART THEREOF, OR FOR ANY CHARGES OR
EXPENSES OF ANY NATURE INCURRED WITHOUT
SELLER’S WRITTEN CONSENT, EVEN IF SELLER
HAS BEEN NEGLIGENT, WHETHER IN CONTRACT,
TORT OR OTHER LEGAL THEORY. IN NO EVENT
SHALL SELLER’S LIABILITY UNDER ANY CLAIM
MADE BY BUYER EXCEED THE PURCHASE PRICE
OF THE PRODUCTS.
7. Contingencies. Seller shall not be liable for any
default or delay in performance if caused by circum-
stances beyond the reasonable control of Seller.
8. User Responsibility. The user, through its own
analysis and testing, is solely responsible for making
the nal selection of the system and Product and as-
suring that all performance, endurance, maintenance,
safety and warning requirements of the application
are met. The user must analyze all aspects of the
application and follow applicable industry standards
and Product information. If Seller provides Product or
system options, the user is responsible for determining
that such data and specications are suitable and suf-
cient for all applications and reasonably foreseeable
uses of the Products or systems.
9. Loss to Buyer’s Property. Any designs, tools,
patterns, materials, drawings, condential information
or equipment furnished by Buyer or any other items
which become Buyer’s property, may be considered
obsolete and may be destroyed by Seller after two
consecutive years have elapsed without Buyer placing
an order for the items which are manufactured using
such property. Seller shall not be responsible for any
loss or damage to such property while it is in Seller’s
possession or control.
10. Special Tooling. A tooling charge may be
imposed for any special tooling, including without
limitation, dies, xtures, molds and patterns, acquired
to manufacture Products. Such special tooling shall
be and remain Seller’s property notwithstanding pay-
ment of any charges by Buyer. In no event will Buyer
acquire any interest in apparatus belonging to Seller
which is utilized in the manufacture of the Products,
even if such apparatus has been specially converted
or adapted for such manufacture and notwithstanding
any charges paid by Buyer. Unless otherwise agreed,
Seller shall have the right to alter, discard or otherwise
dispose of any special tooling or other property in its
sole discretion at any time.
11. Buyer’s Obligation; Rights of Seller. To secure
payment of all sums due or otherwise, Seller shall
retain a security interest in the goods delivered and
this agreement shall be deemed a Security Agreement
under the Uniform Commercial Code. Buyer authorizes
Seller as its attorney to execute and le on Buyer’s be-
half all documents Seller deems necessary to perfect
its security interest. Seller shall have a security interest
in, and lien upon, any property of Buyer in Seller’s pos-
session as security for the payment of any amounts
owed to Seller by Buyer.
12. Improper use and Indemnity. Buyer shall
indemnify, defend, and hold Seller harmless from any
claim, liability, damages, lawsuits, and costs (including
attorney fees), whether for personal injury, property
damage, patent, trademark or copyright infringement
or any other claim, brought by or incurred by Buyer,
Buyer’s employees, or any other person, arising out
of: (a) improper selection, improper application or
other misuse of Products purchased by Buyer from
Seller; (b) any act or omission, negligent or otherwise,
of Buyer; (c) Seller’s use of patterns, plans, drawings,
or specications furnished by Buyer to manufacture
Product; or (d) Buyer’s failure to comply with these
terms and conditions. Seller shall not indemnify Buyer
under any circumstance except as otherwise provided.
13. Cancellations and Changes. Orders shall not
be subject to cancellation or change by Buyer for any
reason, except with Seller’s written consent and upon
terms that will indemnify, defend and hold Seller harm-
less against all direct, incidental and consequential
loss or damage. Seller may change product features,
specications, designs and availability with notice to
Buyer.
14. Limitation on Assignment. Buyer may not
assign its rights or obligations under this agreement
without the prior written consent of Seller.
15. Entire Agreement. This agreement contains
the entire agreement between the Buyer and Seller
and constitutes the nal, complete and exclusive
expression of the terms of the agreement. All prior
or contemporaneous written or oral agreements or
negotiations with respect to the subject matter are
herein merged.
16. Waiver and Severability. Failure to enforce any
provision of this agreement will not waive that provi-
sion nor will any such failure prejudice Seller’s right to
enforce that provision in the future. Invalidation of any
provision of this agreement by legislation or other rule
of law shall not invalidate any other provision herein.
The remaining provisions of this agreement will remain
in full force and effect.
17. Termination. This agreement may be terminated
by Seller for any reason and at any time by giving
Buyer thirty (30) days written notice of termination.
In addition, Seller may by written notice immediately
terminate this agreement for the following: (a) Buyer
commits a breach of any provision of this agreement
(b) the appointment of a trustee, receiver or custodian
for all or any part of Buyer’s property (c) the ling of a
petition for relief in bankruptcy of the other Party on its
own behalf, or by a third party (d) an assignment for
the benet of creditors, or (e) the dissolution or liquida-
tion of the Buyer.
18. Governing Law. This agreement and the sale and
delivery of all Products hereunder shall be deemed
to have taken place in and shall be governed and
construed in accordance with the laws of the State of
Ohio, as applicable to contracts executed and wholly
performed therein and without regard to conicts
of laws principles. Buyer irrevocably agrees and
consents to the exclusive jurisdiction and venue of the
courts of Cuyahoga County, Ohio with respect to any
dispute, controversy or claim arising out of or relating
to this agreement. Disputes between the parties shall
not be settled by arbitration unless, after a dispute
has arisen, both parties expressly agree in writing to
arbitrate the dispute.
19. Indemnity for Infringement of Intellectual
Property Rights. Seller shall have no liability for
infringement of any patents, trademarks, copyrights,
trade dress, trade secrets or similar rights except
as provided in this Section. Seller will defend and
indemnify Buyer against allegations of infringement
of U.S. patents, U.S. trademarks, copyrights, trade
dress and trade secrets (“Intellectual Property Rights”).
Seller will defend at its expense and will pay the cost
of any settlement or damages awarded in an action
brought against Buyer based on an allegation that a
Product sold pursuant to this Agreement infringes the
Intellectual Property Rights of a third party. Seller’s
obligation to defend and indemnify Buyer is contingent
on Buyer notifying Seller within ten (10) days after
Buyer becomes aware of such allegations of infringe-
ment, and Seller having sole control over the defense
of any allegations or actions including all negotiations
for settlement or compromise. If a Product is subject
to a claim that it infringes the Intellectual Property
Rights of a third party, Seller may, at its sole expense
and option, procure for Buyer the right to continue
using the Product, replace or modify the Product so
as to make it noninfringing, or offer to accept return
of the Product and return the purchase price less a
reasonable allowance for depreciation. Notwithstand-
ing the foregoing, Seller shall have no liability for
claims of infringement based on information provided
by Buyer, or directed to Products delivered hereunder
for which the designs are specied in whole or part by
Buyer, or infringements resulting from the modication,
combination or use in a system of any Product sold
hereunder. The foregoing provisions of this Section
shall constitute Seller’s sole and exclusive liability and
Buyer’s sole and exclusive remedy for infringement of
Intellectual Property Rights.
20. Taxes. Unless otherwise indicated, all prices and
charges are exclusive of excise, sales, use, property,
occupational or like taxes which may be imposed by
any taxing authority upon the manufacture, sale or
delivery of Products.
21. Equal Opportunity Clause. For the performance
of government contracts and where dollar value of the
Products exceed $10,000, the equal employment op-
portunity clauses in Executive Order 11246, VEVRAA,
and 41 C.F.R. §§ 60-1.4(a), 60-741.5(a), and 60-250.4,
are hereby incorporated.