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ȘéȀ ȘǨūȀ "ŵ| kƕŵ|ûșûƕŵȀ ƕÌ ǿ"œ ˖ˣȘǨūȀ "ŵ| kƕŵ|ûșûƕŵȀˤ˗ "ǙǙœy to all quotations, orders, and contracts for Alfa Laval Inc. products
<br />˖éǨ"ÌșǨ ˠǤȳûǙūŵșˠ˗ "ŵ| "ȀȀƕlû"ș| ȀǨɷûlȀ ˖ˣǿǨɷûlȀˤ˗ !Ȁ used in these Terms and Conditions, the word "Equipment" includes all
<br />hardware, parts, components, software and options.
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<br />1. ACCEPTANCE: Our sale to you is limited to and expressly made conditional on your assent to these Terms and Conditions and, if
<br />applicable, on the attendant quotation, both of which form a part of the contract between us and which supersede and reject all prior
<br />agreements, representations, discussions or negotiations, whether written or oral, with respect to this sale and any conflicting terms and
<br />conditions of yours, whether or not signed by you. Any terms and conditions contained in your purchase order or request for quotation or
<br />other form which are different from, in addition to, or vary from these Terms and Conditions are expressly rejected, shall not be binding upon
<br />us, and are void and of no force or effect. These Terms and Conditions may not be changed except by the written agreement of both parties.
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<br />2. PRICES: Unless otherwise specified in writing, all quoted prices are in U.S. Dollars and are firm for thirty (30) days from the date of
<br />offer. Prices quoted are exclusive of taxes, freight and insurance, and you agree to pay any and all sales, revenue, excise or other taxes
<br />(exclusive of taxes based on our net income) applicable to the purchase of Equipment. If you claim an exemption from any such taxes you
<br />shall provide us with a tax exemption certificate acceptable to the taxing authorities.
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<br />3. DELIVERY; FORCE MAJEURE: Dates for the furnishing of Services and/or delivery or shipment of Equipment are approximate only
<br />and are subject to change. Quoted lead times are figured from the date of receipt of complete technical data and approved drawings as
<br />such may be necessary. We shall not be liable, directly or indirectly, for any delay in delivery or failure to deliver caused by carriers or by
<br />labor difficulties, shortages, strikes or stoppages of any sort, or difficulties in obtaining materials from ordinary sources and suppliers. In
<br />addition, we shall not be liable for any such delays or for any failure to perform our obligations under an order or contract due to any one or
<br />more of the following events, whether foreseeable or not: war, hostilities, military operations, terrorism, riots, disorder, accidents, floods,
<br />storms, natural disasters, fires, acts of God, epidemics and/or pandemics (and specifically in relation hereto and notwithstanding anything
<br />else stated herein, whether or not outbreak of such epidemic or pandemic has occurred prior to acceptance of this order or execution of a
<br />contract for the Services), governmental, judicial or administrative decisions, decrees or orders, embargoes or blockades, or any causes
<br />beyond our reasonable control. Unless otherwise specifically agreed in writing by us, in no event shall we be liable for any damages or
<br />penalties whatsoever, or however designated, resulting from our failure to perform or delay in performing due to any of the causes specified
<br />in this paragraph 3.
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<br />4. SHIPMENT, RISK OF LOSS, TITLE: All sales are made F.O.B. Alfa Laval shipping point, unless otherwise noted. Duty, brokerage
<br />fees, insurance, packing and handling as applicable are not included unless otherwise noted. Our liability for delivery ceases upon making
<br />delivery of Equipment to the carrier at the shipping point in good condition. The carrier shall be your agent. Risk of loss shall pass to you
<br />upon such delivery. Regardless of the delivery term specified, we shall retain title to the Equipment until final payment thereof has been
<br />made.
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<br />5. CREDIT AND PAYMENT: Payment terms are (30) days net, unless agreed otherwise by us in writing. payments shall
<br />become due with partial shipments. Any discount period which may be granted by us begins on the invoice date and all payments are due
<br />30 days after the invoice date. All payments shall be made without deduction, deferment, set-off, lien or counterclaim of any nature. All
<br />amounts due not paid within 30 days after the date such amounts are due and payable shall bear interest at the lesser of 1.5 percent per
<br />month or the maximum rate of interest allowed by law. We reserve the right at any time to suspend credit or to change credit terms provided
<br />herein, when, in our sole opinion, your financial condition so warrants. Failure to pay invoices when such invoices are due and payable, at
<br />our election, shall make all subsequent invoices immediately due and payable irrespective of terms, and we may withhold all subsequent
<br />deliveries until the full account is settled. We shall not, in such event, be liable for delay of performance or nonperformance of contract in
<br />whole or in part subsequent to such event.
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<br />6. SECURITY AGREEMENT: You hereby grant us a security interest in the Equipment, including a purchase money security interest,
<br />and in such materials, proceeds and accessories thereof, to secure payment of the purchase price of the Equipment. You authorize us to file
<br />or record a purchase order or copy thereof or any UCC financing statement showing our interest in the Equipment in all jurisdictions where
<br />we may determine filing to be appropriate, and you agree to sign all such documents reasonably related thereto promptly following our
<br />request. You will not encumber the Equipment with any mortgage, lien, pledge or other attachment prior to payment in full of the price
<br />therefor.
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<br />7. CANCELLATIONS AND CHANGES: Orders which have been accepted by us are not subject to cancellation or changes in
<br />specification except upon prior written agreement by us and upon terms that will indemnify us against all losses resulting from or arising out
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