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CONTROLLING
TERMS AND CONDITIONS. GOODS FURNISHED
AND SERVICES RENDERED BY ANTAYA TECHNOLOGIES CORPORATION
(ANTAYA) ARE SOLD ONLY ON THE TERMS AND CONDITIONS
AS STATED HEREIN. ANTAYA'S OFFER TO SELL IS CONDITIONED
ON BUYER'S ACCEPTANCE EXPRESSLY LIMITED TO THESE TERMS
AND CONDITIONS OF SALE. TERMS AND CONDITIONS STATED
ON PURCHASE ORDERS SHALL BE SUBORDINATE TO THE TERMS
HEREIN.
ANTAYA'S acceptance of any order from Buyer is expressly
made conditional on Buyer's assent to these terms
and conditions of sale unless otherwise specifically
agreed to in writing by ANTAYA. In the absence of
such assent, the beginning of performance or delivery
shall be for Buyer's convenience only and shall not
be construed to be acceptance of Buyer's terms and
conditions. If a contract is not earlier formed by
mutual agreement in writing, acceptance of any goods
or services by Buyer shall be deemed acceptance of
the terms and conditions herein.
PRICE.
ANTAYA reserves the right to change prices for the
goods offered for sale without prior notice, subject
to the following terms and conditions. All precious
metal prices are based on the metal market on the
day of ANTAYA'S shipment, and all fabrication prices
in effect on the date of receipt of order shall remain
firm for the term of the order or for one hundred
eighty (180) days from the order receipt date, whichever
occurs first. Prices quoted at a specific metal market
are for illustrative purposes only and actual invoiced
prices will be higher or lower depending on changes
in the metal market.
All prices are FOB Cranston, Rhode Island unless specified.
All prices are quoted and billed exclusive of federal,
state, and local taxes and of all duties, excise,
sales, and similar taxes unless otherwise specified.
CREDIT.
Buyer's financial responsibility is at all times subject
to approval of the Credit Department of ANTAYA. ANTAYA
may require full or partial payment guarantee in advance
of shipment whenever, in its sole discretion, it considers
itself insecure with respect to Buyer's performance
of the sales contract. In the event of default by
Buyer in payment, Buyer shall be liable for ANTAYA'S
costs of collection, including reasonable attorney's
fees.
PAYMENT.
Terms of payment are Net Cash 30 Days from date of
invoice unless otherwise specified by ANTAYA in writing.
In the event payment is not received within the 30-day
period, any unpaid balance shall commence to bear
interest at 4% over the prime lending rate from time
to time in effect at the Bank of America, Providence,
Rhode Island, or the maximum rate allowed by applicable
law.
ANTAYA retains and Buyer grants a security interest
in the goods, including all additions to and replacements
of such goods until Buyer has made payment in full
in accordance with these terms and Buyer shall cooperate
with ANTAYA in executing documents, such as a Uniform
Commercial Code (UCC) Financing Statement, and performing
any filings and recordings as ANTAYA may consider
necessary for the protection of the security interest.
TERMINATION
OR MODIFICATION. Purchase orders may
only be modified or terminated by Buyer with ANTAYA's
written consent. Terms and conditions stated in Purchase
Orders are expressly subordinate to the Terms herein.
If all or part of the Purchase Order is terminated
with ANTAYA's written consent, Buyer shall pay termination
charges based on expenses and costs incurred in the
production of the goods prior to acceptance by ANTAYA
of the termination. The expenses and costs shall include,
but not be limited to, adjustment in price to reflect
a reduction in quantity ordered, expenses of disposing
of materials on hand or on order and any losses resulting
from such disposition, and a reasonable profit. Any
goods delivered prior to ANTAYA's consent to termination
shall be paid for in full by Buyer.
DELIVERY.
All delivery indications are estimated and are dependent
in part on prompt receipt from Buyer of all necessary
information to properly service an order. ANTAYA shall
not be liable for any premium transportation or other
costs or losses incurred by Buyer as a result of ANTAYA's
inability to deliver product in accordance with Buyer's
requested delivery dates.
ANTAYA shall not be liable for delays in delivery
or for failure to perform as a result of causes beyond
the reasonable control of ANTAYA, including, without
limitation. Acts of God, acts or omissions of Buyer
or civil or military authorities, fire, strikes, epidemics,
quarantine, flood, earthquakes, riot, war, delays
in transportation, or the inability to obtain necessary
labor, materials, or supplies. ANTAYA reserves the
right to allocate inventory and production if such
allocation becomes necessary in the judgement of ANTAYA.
ANTAYA reserves the right to make deliveries in installments.
Partial shipments shall be billed as shipped and payments
therefore are subject to the terms of payment noted
in the foregoing.
OVER-RUN
OR UNDER-RUN. ANTAYA reserves the
right to ship and bill for ten percent (10%) more
or less than the exact quantity of items ordered.
Buyer agrees to accept billing for the quantity delivered.
TRANSPORTATION.
Sales are made FOB point of shipment; transportation
is at Buyer's expense; risk of loss passes to Buyer
at the point of shipment. When practicable, ANTAYA
will follow the shipping instructions of Buyer, but
if no instructions are provided, ANTAYA will use its
discretion in selecting an appropriate transportation
method.
PROPRIETARY
INFORMATION. Unless otherwise specifically
agreed in writing, Buyer acknowledges that any information
disclosed to Seller is subject only to Buyer's patent
rights, without any other restrictions on Seller's
use, including reproduction, modification, disclosure
or distribution of the information.
All proposals, plans, specifications, designs and
other information furnished by the Seller are proprietary
to Seller and shall not be shown or disclosed to any
third party or used by Buyer except as may be necessary
for the selection or use of the Products. Drawings
marked "ANTAYA" shall not be disclosed to third parties.
Any proprietary information, whether patentable or
not, including intellectual property such as inventions,
trademarks, copyrights and trade secrets, developed
by Seller in the performance of the Agreement shall
remain the property of Seller. Seller shall be under
no obligation to refrain from using in its business
any of Seller's proprietary information which may
have been disclosed to Buyer.
Buyer agrees that disclosure of proprietary information
will cause irreparable harm to ANTAYA and agrees that
monetary damages would not be sufficient remedy for
any breach of this agreement and that ANTAYA shall
be entitled to specific performance and injunctive
relief as remedies for any such breach, in addition
to all other remedies available at law or equity.
TOLERANCES.
Unless otherwise specified in writing by ANTAYA, products
furnished by ANTAYA are within ANTAYA's width gauge,
clad thickness and location, temper and finish limits
of manufacture and subject to ANTAYA's standard tolerances
for variations including those in quality.
INSPECTION,
RETURN, AND REMEDIES. Buyer shall
inspect goods immediately on receipt. Claims for any
alleged defect in ANTAYA's performance under a purchase
order that may be discovered on reasonable inspection
must be set forth in writing and received by ANTAYA
within thirty days of Buyer's receipt of the goods.
Failure to make any claim within the 30-day period
shall constitute a waiver of all claims and an irrevocable
acceptance of the goods by Buyer.
If Buyer rejects the goods or claims that ANTAYA has
breached any of its obligations under a purchase order,
whether of warranty or otherwise, ANTAYA at its option
may first inspect such goods at the premises of Buyer
or may give written authorization to Buyer to return
the goods to ANTAYA, transportation charges prepaid,
for examination by ANTAYA. If the product is found
to be defective, the transportation charges shall
be credited. Buyer shall bear the risk of loss until
any goods, authorized to be returned, are redelivered
to ANTAYA. ANTAYA shall not be liable for any inspection,
packing, or labor costs in connection with return
of the goods.
In the event ANTAYA breaches any of its obligations
under the sales contract, whether of warranty or otherwise,
the sole and exclusive remedy of Buyer is limited
to replacement, repair, or credit of the purchase
price at ANTAYA's option. In no event shall ANTAYA
be liable for special, indirect, incidental, or consequential
damages, whether in contract or tort, nor shall any
damages arising out of or connected with this sales
contract or the manufacture, sale delivery, or use
of the goods exceed the purchase price of the goods.
WARRANTY.
ANTAYA warrants to Buyer that all goods sold to Buyer
will conform to the applicable agreed upon drawing
specification. This warranty shall apply for a period
of ninety (90) days from the date of shipment unless
the goods have been subjected to misuse, accident,
improper storage, damage, or alteration by anyone
other than ANTAYA. Buyer shall notify ANTAYA promptly
in writing of any claim based on this warranty and
the provisions above shall thereafter apply with respect
to inspection and return. Remedies for breach of warranty
are solely and exclusively limited to those set forth
above.
ANTAYA MAKES NO FURTHER WARRANTY, EXPRESS OR IMPLIED,
INCLUDING ANY WARRANTY OF FITNESS FOR A PARTICULAR
PURPOSE OR WARRANTY OF MERCHANTABILITY.
PATENTS.
ANTAYA shall have the right to defend or settle, and
agrees to defend or settle any claim brought against
Buyer for the infringement of any U.S. Patent by goods
supplied and designed by ANTAYA. Subject to the limitations
that follow, ANTAYA agrees to pay any final judgement
entered against Buyer in any suit defended by ANTAYA.
Buyer shall notify ANTAYA promptly in writing of any
claim for patent infringement and provide ANTAYA with
information and assistance as may reasonably be requested
by ANTAYA in order to defend or settle the claim.
Buyer shall hold ANTAYA harmless against, and indemnify
ANTAYA for any expenses, damages, or loss for infringement
of any U.S. patent or trademark that result from ANTAYA's
compliance with Buyer's designs, specification, or
instructions. ANTAYA shall have no liability for any
infringement arising from the combination of goods
sold by ANTAYA with any goods furnished by Buyer,
any modification of goods, the use of the goods in
practicing any process, or any information furnished
to Buyer for assistance.
In no event shall ANTAYA's liability to buyer under
the provisions of this clause exceed the aggregate
sum paid to ANTAYA by Buyer for the goods.
GENERAL.
This contract is subject to and shall be interpreted
in accordance with the laws of the State of Rhode
Island. This order embodies the entire agreement of
the parties, and no other agreements, verbal or otherwise,
in relation thereto exist between the parties. No
waiver by ANTAYA of any provision hereof shall be
construed as a waiver by ANTAYA of any other provisions.
INTELLECTUAL
PROPERTY
Products sold by Antaya Technologies Corp. may be covered
by one or more of the following: U.S. Patent Nos. 6,127,657;
6,253,988; 6,264,475; 6,267,630; 6,428,355; 6,406,337;
6,551,150; 6,607,409; 6,676,455; 6,520,812; 6,730,848;
6,527,043; 6,790,104; 6,039,616; 6,249,966; 6,475,043;
6,599,157; 6,599,156; 6,780,071; 6,840,780; and U.S.
and foreign patents pending.
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