Definitions: The term “Seller” means Hubbell Electric Heater Co., and the term “Buyer”
means the person, firm, or corporation to which the goods or services are sold.
Formation of Contract: No contract between Buyer and Seller shall exist unless and until
Seller accepts and acknowledges at its corporate headquarters office located in Stratford, Connecticut, a purchase
order submitted by Buyer.
Buyer's Financial Responsibility: Seller's acceptance for any purchase order submitted
by Buyer and Seller's obligations upon such acceptance shall at all times be subject to approval of Buyer's financial
responsibility by Seller's credit department. Seller may at any time require payment in advance or satisfactory security,
guarantee or assurance that invoices will be promptly paid when due. If Buyer, after demand, fails promptly to pay
in advance or to give satisfactory security, guarantee or assurance, Seller shall have the right to withhold delivery
or performance of any undelivered portion of the goods or unperformed services, or to terminate the contract as to
any undelivered goods or unperformed services, whereupon Buyer shall immediately become liable to Seller for (a) the
purchase price of all goods delivered and services performed and (b) any loss suffered by Seller (including loss of
reasonable profits) with respect to undelivered goods and unperformed services. If any such undelivered goods shall
have been fabricated or produced specially for Buyer, Seller's loss shall be deemed to be at minimum the difference
between the full purchase price thereof plus freight, storage and other costs incurred by Seller in connection therewith,
less an allowance for the then-current scrap value of such goods as determined by Seller.
Prices: Seller reserves the right to correct any obvious errors in specifications or
prices.
Taxes: The prices provided for herein are exclusive of any present or future Federal,
State, Municipal or other sales or use tax with respect to the material or equipment or services covered hereby, of
any other present or future excise tax upon or measured by the gross receipts from this Transaction or any allocated
portion thereof or by the gross value of the material or equipment covered hereby and of any present or future property
tax or other similar charge with respect to the material or equipment covered hereby. If the Seller is required by
applicable law or regulation to pay or collect any such tax or taxes on account of this transaction or the material
or equipment or services covered hereby, then such amount of tax shall be paid by the Buyer to the Seller in addition
to the prices herein provided for.
Shipping Instructions: If goods are ready for immediate delivery, shipping instructions
shall be received by Seller within forty-five (45) days after Seller's acceptance of Buyer's order. On all other orders,
shipping instructions shall be received by Seller within ten (10) days after notification that the goods are available
for delivery.
Delivery: Partial shipments may be made when ready and the invoice is submitted. Delivery
of goods to a common carrier or licensed trucker shall constitute delivery to Buyer. In the event that shipping instructions
are not received within the specified period, Seller may bill the Buyer and hold the goods sold, and mailing of such
invoices shall constitute delivery to Buyer. Seller may place such goods in storage and Buyer shall pay all charges
incident thereto. All risk of loss or damage after delivery shall be borne by Buyer.
Routing: In the absence of Buyer's instructions as to the desired carrier and routing,
goods may be forwarded and routed as Seller, in its sole discretion, shall decide. Seller shall not be liable for selection
of the carrier or method of routing.
Delays: Delivery promises are Seller's best estimate of the time when goods will be
shipped. Seller shall not be liable for failure to deliver or delays in delivery occasioned by strikes, lockouts, fires,
inability to obtain materials or shipping space, equipment breakdowns, delays of carriers or suppliers, governmental
acts and regulations, and other causes beyond Seller's reasonable control. If performance by Seller is delayed by reason
thereof, Seller shall inform Buyer promptly, and the time for delivery shall be extended for the period of such delay,
or at Seller's option, the contract may be canceled without liability to either party.
Cancellation: After Seller's acceptance of Buyer's order, cancellation by Buyer
shall be made only by agreement of Seller in writing and includes the following fees stated herein as a minimum
and to be solely determined by the Seller upon written request of Buyer:
50% cancellation fee on any order canceled after manufacturing has commenced.
40% cancellation fee on any order canceled after component requisition but before manufacturing has commenced.
35% cancellation fee on any order canceled prior to component requisition.
15% cancellation fee for any Hold For Approval order if canceled prior to drawing acceptance.
Origin: All sales are made EX Works from the Seller's plant unless the seller expressly
offers alternate shipping terms.
Warranty: Unless such goods are separately covered by an express Seller warranty, the
seller warrants that its goods are in compliance with stated specifications within limits of standard manufacturing
tolerances and variances of the producer and are reasonably free from defects in materials and workmanship. Seller
will replace without charge, refund the purchase price or make a fair allowance for any noncompliance with stated specifications
or any defects in material or workmanship in its products demonstrated to its satisfaction to have existed at the time
of delivery, provided Buyer gives Seller written notice immediately upon discovery thereof and, in any event within
ninety (90) days after delivery of the goods to Buyer, Seller may require the return of the products to establish any
claim. Seller's liability is limited to making replacement, refund or allowance within a reasonable time after receipt
of written notice. THIS (OR SUCH OTHER EXPRESS WARRANTY, IF APPLICABLE) IS SELLER'S SOLE WARRANTY WITH RESPECT TO THE
GOODS; SELLER MAKES NO OTHER WARRANTY OF ANY KIND WHATEVER, EXPRESS OR IMPLIED, AND ALL IMPLIED WARRANTIES OF MERCHANTABILITY
AND FITNESS FOR PARTICULAR PURPOSE WHICH EXCEED THE ABOVE OBLIGATION ARE HEREBY DISCLAIMED BY SELLER AND EXCLUDED.
Seller will not be liable for any special, incidental or consequential damages, loss or expense arising in connection
with the use of, or the inability to use, its goods for any purpose whatever. Seller's liability under no circumstances
will exceed the contract price for goods claimed to be defective or unsuitable.
Claims or Returns: Subject to terms and conditions of an express product warranty, all
claims for alleged defects in goods, other than defects in workmanship or material, shall be deemed waived unless made
in writing and delivered to Seller within ten (10) days after receipt by Buyer. Buyer shall afford Seller prompt and
reasonable opportunity to inspect and rework all goods as to which any claim is made. All returns must be made freight
charges prepaid with prior permission of Seller and must be accompanied by Seller's packing list and freight bill.
Modification and Waiver: Buyer's order, Seller's acceptance and these Terms and Conditions
(“T&C”) shall contain the entire contract between the parties, and there shall be no oral understanding, representations
or agreements. In case of any inconsistency between the terms of Buyer's orders and Seller's acceptance and these T&C,
the terms of such acceptance and these terms and conditions shall prevail. No alteration, modification or waiver shall
be effective unless in writing and signed by the party against whom such claimed alteration, modification or waiver
is sought to be enforced. No waiver by either party of any default in any term or condition shall constitute a waiver
of any other term or condition.
Applicable Law: The contract shall be governed by and shall be construed according to
the laws of the State of Connecticut.
Changes in quantities may result in changes in unit prices shown.
Terms: When Seller approved credit terms are extended to the Buyer, terms shall be Net
30 days from date of shipment, unless alternate credit terms are expressly offered by the Seller. Invoices not paid
within 30 days of shipment or within Seller approved terms shall thereafter bear interest at the rate of 1 1⁄2% per
month (18% per annum) until paid. Buyer hereby agrees that upon its failure to pay its open account debt to seller
in full within 30 days or within Seller approved terms from the date of shipment, it waives any right which it may
have to require seller to proceed against any person or against any collateral and agrees to pay all expenses incurred
in collecting such debt, including reasonable attorney's fees.
Proper Use, Installation, and Care of any equipment supplied by the Seller is the sole responsibility of the
Buyer.