ferrotec Temescal CV-12SLX User Manual page 8

7. Changes and Acceptance. Any changes in drawings specifications or in their Terms and Conditions will
require Seller's written approval before they become binding.
8. Cancellations. The following schedule of cancellation charges shall apply:
A. Cancellations:
i. For custom/modified products:
When cancellation notice received:
1-30 days prior to shipment
31-60 days prior to shipment
61-90 days prior to shipment
91 days or more prior to shipment
ii. For standard products: To be negotiated
B. Reschedules:
i. For completed custom/modified product
ii. Incomplete custom/modified product, parts
.
iii. Restocking: Only standard products may be restocked. 25% of dollar value returned to Seller's stock,
plus all freight charges. All restocking is subject to Seller's approval and inspection.
9. Payment. The terms of payment of items quoted herein shall be: cash in advance or net 30 upon credit
approval unless otherwise agreed in writing. If at any time, in the judgment of the Seller, Buyer's credit shall be
impaired, Seller shall have the right to demand immediate cash payment and to refuse to make delivery except
against payment therefore in cash.
10. No implied License. The sale of any product or material quoted herein does not give or imply any right or
license to buyer to analyze or manufacture such product or material or to claim Buyer is an authorized re-seller of
such material.
11. Export Licenses. Items quoted herein may constitute a controlled commodity requiring export licenses from
the U.S. Department of Commerce prior to transshipment. Buyer shall be responsible for obtaining any such
licenses required.
12. Exclusive Statement. The terms and conditions contained in Seller's Order Acknowledgement will be the
complete and exclusive statement of the terms of agreement between the parties. If the terms of said
Acknowledgement differ in any way from the terms of Buyer's order, the provisions of said Acknowledgement
shall prevail and be controlling.
13. State Laws. This contract shall be governed in all respects by the laws of the State of New Hampshire and
the State of California.
14. This contract is governed by Incoterms 2010.
FERROTEC (USA) CORPORATION'S ACCEPTANCE OF THE REFERENCED PURCHASE ORDER IS
EXPRESSLY MADE CONDITIONAL ON THE PARTY'S ASSENT (WHO SUBMITTED THE REFERENCED
PURCHASE ORDER) TO FERROTEC'S ADDITIONAL OR DIFFERENT TERMS IN THIS ORDER
ACKNOWLEDGEMENT. IF NO ANSWER IS RECEIVED FROM THE PARTY SUBMITTING THE
REFERENCED PURCHASE ORDER WITHIN A REASONABLE TIME AFTER RECEIPT OF THIS ORDER
ACKNOWLEDGEMENT, IT WILL BE ASSUMED THAT THEIR INCLUSION HAS BEEN ASSENTED TO.
CV-12SLX User Manual
products which are stocked or ordered.
Charge is:
100% of product sales price
75% of product sales price
50% of product sales price
10% of product sales price
1.5% per month x sales price of product rescheduled
1.5% per month x sales price of rescheduled
vi 0101-8292-0, Rev. C