Standard Terms and Conditions of Sale

UNLESS OTHERWISE AGREED TO IN WRITING, THE FOLLOWING PROVISIONS APPLY TO ALL SALES:

1) SALES:
All merchandise ordered shall be sold subject to SELLER’S standard warranty, viz: SELLER warrants that any product of its manufacture, which upon examination is found by SELLER’S representative to be defective either in the workmanship of material whereby it is not suitable under proper usage and service for the purpose for which it was designed, will be at SELLER’S option, repaired or replaced free of charge including transportation charges, but not the cost of installation, provided that SELLER received written claim specifying the defect within 1-year from the date of shipment to the original purchaser. Warranty excludes sales of gasket products. ALL OTHER WARRANTIES EXPRESSED AND IMPLIED INCLUDING ANY WARRANTY OF MERCHANTABILITY ARE HEREBY DISCLAIMED. The foregoing expresses all of the SELLER’S obligations and liabilities with respect to the quality of items furnished by it and it shall under no circumstances be liable for consequential damages.

2) MINIMUM ORDER REQUIREMENT:
a) All orders must meet a minimum purchase amount of $150.00.
b) Any machine shop services must meet a minimum of $100.00 material and
$100.00 machining charge.

3) ORDER ACCEPTANCE BY SELLER:
a) All orders received from BUYER are subject to acceptance by SELLER, unless the quotation specifies that it is a bid in response to an invitation for bids, in which event the order or award shall constitute acceptance of the bid in accordance to bid terms.
b) Terms and conditions on the BUYER’S order form, at variance with terms and conditions stated herein, are binding upon SELLER only if specifically accepted by SELLER in writing.
c) Orders accepted by SELLER cannot be canceled by BUYER except with SELLER’S written consent and upon terms that will indemnify SELLER against loss.

4) SAMPLES: In the event samples are furnished to BUYER, SELLER will not assume any liability in connection with the furnishing of use thereof, and there will be no agreement of warranty collateral to, or affecting, the furnishing of such samples.

5) PRICE AND PAYMENT:
a) All goods are sold at the prices stated in the offer. All offers are subject to approval, acceptance, and correction by API International, Inc. Any offers containing errors in quotations will be corrected by API International and resubmitted to BUYER for acceptance or refusal. All prices are subject to change without notice.
b) Unless otherwise stated, legal delivery and prices are F.O.B. SELLER’S plant, and prices do not include transportation charges.
c) Taxes Not Included In Price: Except where otherwise prohibited by law, all sales, excise, use, or similar taxes or charges by the federal, any foreign, or any state or local government, which SELLER may be required to pay or collect, shall be in addition to the price stated and shall be paid by BUYER, unless valid exception certificate is furnished therefore.
d) Payment: All accounts are payable on or before the date due listed on the invoice, which is based on the terms of the account. SELLER may demand payment in advance of shipment if, in SELLER’S opinion, the credit or financial condition of BUYER is, or is about to become, impaired.
e) Payments Where Shipments are Delayed: Where BUYER requests a delay in shipment, SELLER shall have the option of billing for goods when ready for shipment. If material is not ordered out within sixty (60) days after goods are ready, SELLER will have the option of billing storage charges.

6) DELIVERY:
a) Shipping Dates: Shipping dates are approximate only and subject to change.
b) Unforeseen Delays: SELLER shall not be liable in damages or otherwise for delays or failure in performance when caused by circumstance of every nature and description and, however arising, beyond SELLER’S reasonable control in the even SELLER is unable due to any such occurrence or otherwise, to fulfill its total commitment to all customers, BUYER agrees to accept as full and complete performance by SELLER, deliveries in accordance with such plan or pro-ration as SELLER may adopt.
c) Packaging: SELLER will provide commercial packaging adequate, under normal conditions, to protect the goods in shipment and identify the contents. Should BUYER request any special packaging, it will be done at BUYER’S expense.
d) Routing: All goods will be shipped via the least expensive or most expeditious means of transportation under the circumstances unless BUYER indicates otherwise. If BUYER provides no routing instructions, SELLER shall be the sole judge of the best method of routing shipment.
e) All claims for damages or shortages must be made to API International within 48 hours of receipt of shipment. Damages in shipment shall remain the responsibility of BUYER, unless otherwise provided in writing by SELLER.

7) INSPECTION: SELLER will inspect all goods prior to shipment, and such inspection will be adequate to meet SELLER’S standards for dimensional and visual characteristics.

8) REJECTION: Any claim for non-conformance of products with the order must be made in writing within thirty (30) days of receipt of shipment, or BUYER hereby waives any such objection. In the event such claim is filed, SELLER shall have a reasonable time to investigate the circumstances and repair or replace any such products as found to be non-conforming.

9) RETURNS:

a) No goods may be returned by BUYER for any reason without SELLER’S prior written approval.
b) All returns must be pre-approved and accompanied by an RMA (Return Material Authorization) issued by API International. All returns must be shipped freight prepaid unless otherwise specified on the RMA.
c) Special, custom fabricated, or modified items will not be accepted for return.
d) Items not listed in the current API International catalog or items purchased more than 90 (ninety) days prior to the requested return date will not be accepted.
e) Current catalog items will be subjected to a minimum 25% restocking charge.
f) All items will be inspected upon receipt and must be in good, re-saleable condition. Parts returned that are not in saleable condition will be either subject to an additional rework charge or possibly no credit will be issued.
g) Once credit amount is determined, the refund will be posted to the BUYER’S account. Cash refunds will not be issued.

10) SPECIAL DAMAGES: Neither BUYER NOR SELLER shall make any claims for special consequential damages.

11) PATENT INFRINGEMENT: Should the goods furnished by SELLER be of such of a nature that the design, therefore, is supplied by BUYER, or should the goods be labeled or marked with a trademark or trade name requested by BUYER, then BUYER agrees to defend SELLER in any action, either civil or criminal, brought against SELLER by any third party, for the infringement or misuse of any such patents or trademarks, and BUYER further agrees to hold SELLER harmless from any damage or loss
resulting therefrom.