Below are set forth the terms and conditions printed on all invoices
sent by mail.
Any invoices transmitted electronically carry the same conditions, as
set forth below.
TERMS AND CONDITIONS
Unless otherwise specifically provided by separate written
agreement fully signed by Seller, the terms and conditions on face side
and specified below constitute the entire agreement between Seller and
Buyer, and no other terms or conditions shall be of any effect.
1. PRICE CHANGES Seller may at any time increase the price of any
goods ordered hereto upon ten (10 ) days prior written notice to
Buyer. Buyer shall reimburse Seller for any tax (excluding
franchise, net income and excess profits taxes) which Seller may be
required to pay on the manufacture, sale, transportation, delivery, or
use of any goods or the materials required for their manufacture, or
which affects the costs of such materials, or which are used in the
promotion or advertising of such materials. If tax is imposed at
any time retroactively by any governmental agency, Buyer shall
reimburse Seller for such taxes.
2. TERMS OF PAYMENT If Seller extends credit,
invoices shall be due and payable as stated on the face hereof.
Extension of credit may be changed or withdrawn at any time.
Interest of 1.5% per month and a rebilling fee of 0.5% per month will
be charged on all invoices not paid by the due date thereof. If
Seller does not or ceases to extend credit, payment terms shall be at
Seller’s option any type of cash terms or any type of secured
transaction terms.
3. DELIVERY TERMS. Goods shall be sold and delivered f.o.b.
Seller’s factory, warehouse, or supplier location, unless otherwise
provided on the face hereon. Buyer shall, subject to Seller’s
available facilities at the delivery point, determine its desired mode
of transportation and notify Seller thereof at least ten (10) days
before the requested delivery date. If Buyer fails to so notify,
Seller may select any commercial carrier. Seller will attempt to
make deliveries as near as possible to Buyer’s requested delivery date.
Fuel surcharges shall be in effect as determined by Seller. Title to
goods shall pass to Buyer and goods shall be at Buyer’s risk from and
after delivery to carrier, and Buyer shall assume all responsibility
for shortage, loss, delay, or damages in transit upon issuance to
Seller by carrier of bill of lading or equivalent form of shipping
receipt, irrespective of whether Seller or Buyer determines the mode of
transportation. Acceptance of goods by Buyer at Buyer’s location
indicates assent to all terms hereon.
4. CLAIMS, WARRANTIES, AND LIMITATIONS OF LIABILITY. Any claim by
buyer for defective goods and imperfect manufacture, improper goods, or
for any cause is waived unless notice thereof is received by Seller
within ten (10) days after delivery of any shipment. Failure of
Buyer to give such notice within such period shall constitute an
unqualified acceptance of the goods delivered pursuant to this
agreement and a waiver by Buyer of all claims with respect
thereto. The Seller and Buyer agree that notwithstanding the form
( e.g. contract, tort, or otherwise) in which any claim may be asserted
or legal or equitable action may brought against Seller or Buyer,
Seller shall in no event be liable for damages which exceed an amount
which is equal to the total amount paid or payable to Seller by Buyer
pursuant to this agreement for the goods which gave rise to the said
claim or legal or equitable action. IN NO EVENT SHALL SELLER BE
LIABLE FOR SPECIAL OR CONSEQUENTIAL DAMAGES OR FOR ANY INDIRECT DAMAGES
SUCH AS, BUT NOT LIMITED TO, EXEMPLARY OR PUNITIVE DAMAGES.
SELLER MAKES NO WARRANTIES OR REPRESENTATIONS, EXPRESSED OR IMPLIED, IN
FACT OR IN LAW, INCLUDING THE IMPLIED WARRANTY OF FITNESS FOR A
PARTICULAR PURPOSE AND THE IMPLIED WARRANTY OR MERCHANTABILITY.
BUYER’S EXCLUSIVE REMEDY AND SELLER’S SOLE LIABILITY ON ANY CLAIM OR
LEGAL OR EQUITABLE ACTION, WHETHER CONTRACT, TORT, OR OTHERWISE, SHALL
BE LIMITED TO REIMBURSEMENT OF BUYER’S ACTUAL COST OF THE GOODS WHICH
GAVE RISE TO THE SAID CLAIM OR LEGAL OR EQUITABLE ACTION; HOWEVER, IN
NO EVENT SHALL SELLER BE LIABLE FOR INDEMNIFICATION OR BUYER ON ACCOUNT
OF ANY CLAIM OR EQUITABLE ACTION ASSERTED AGAINST BUYER FOR ANY OTHER
OR FURTHER DAMAGES WHATSOEVER WHETHER DIRECT OR INDIRECT.
Irrespective of Seller’s preparation of design or copy of the
furnishing of advice or information, Seller shall not be liable to
Buyer or any third party where the preparation, assembly or manufacture
of the goods or the printing or graphic matter thereon has been
performed in compliance with Buyer’s specifications, requests or
approvals. Buyer shall indemnify and hold Seller harmless against
any claims or actions arising out of Buyer’s specifications, requests,
or approvals including, but not limited to, (i) infringement on the
property rights of others acquired without limitation thereof, by
usage, registration, copyright, patent or otherwise, (ii) failure to
comply with any federal, state, or local law or ordinance, and
(iii)failure to comply with specifications, functionality or any other
matter in connection with any universal product code (UPC) placed on
goods; and Buyer shall promptly pay or secure any judgment or recovery
and Seller’s reasonable costs and expenses, including, but not limited
to attorney’s fees and court costs, incurred in investigating, settling
or defending any such claims or actions. Seller shall not be
liable under any circumstances to Buyer or any other person (i) after
the goods have been processed or have been incorporated into other
goods, or (ii) where the goods are not warehoused, handled, used,
packed or distributed in accordance with the customary good commercial
practices of the trade.
5. CONTINGENCIES. Seller shall not be liable to Buyer or any other
person for any failure or delay in the performance of any obligation
under this agreement due to events beyond its reasonable control
including, but not limited to, fire, storm, flood, earthquake,
explosion, accident, acts of the public enemy, sabotage, strikes,
lockouts, labor disputes, labor shortages, work stoppages,
transportation embargoes or delays, failure or shortage of materials,
suppliers of machinery, acts of nature, death, disability, acts
of regulations or priorities of the federal, state or local governments
or branches or agencies thereof, or failure to take goods as ordered
due to any such events except that Buyer shall be liable for such delay
or failure with respect to goods already in transit or specially made
or printed for buyer which are not readily salable without loss to
Seller. When the events operating to excuse performance shall
cease, this agreement shall continue in full force until all deliveries
have been completed.
6. DEFAULT AND WAIVER. If Buyer fails to make payments according
to the terms stated on the face hereof, or if in the opinion of Seller,
Buyer is unable to pay its debts as they become due, or if all or a
substantial portion of the assets of Buyer be sold to a third party, or
should Buyer be merged into a third party, or should all or a
controlling portion of the capital stock of Buyer be sold to a third
party, or if Buyer should breach any of its obligations stated herein,
then Buyer shall be in default of this agreement. When Buyer is
in default of this agreement, Seller may, at its option and in addition
to all other remedies available to it, declare all sums due Seller by
Buyer immediately due and payable; require cash payment or security for
payment in advance for shipments; cancel this and/or any other
outstanding agreements between Buyer and Seller; require that Buyer
assign Buyer’s interest in accounts receivable due Buyer from Buyer’s
sale of goods sold under this and/or any other agreements between Buyer
and Seller; and/or take possession of goods delivered to Buyer under
this and/or all other agreements between Buyer and Seller. Buyer
shall reimburse Seller for all expenses incurred by Seller in asserting
any of Seller’s rights under this paragraph, including, without
limitation, attorney’s fees. If seller requires Buyer to assign
Buyer’s interest in accounts receivable due Buyer from Buyer’s sale of
goods under this and/or any other agreements between Buyer and Seller,
and if Seller collects an amount in excess of the sum of the amount due
Seller from Buyer plus Seller’s expenses incurred in asserting Seller’s
rights under this paragraph, then such excess shall promptly be paid by
Seller to Buyer. Buyer shall require in its contracts with its
buyers that accounts receivable may be assigned to Seller. By
assenting to this agreement, Buyer agrees to execute all assignment
agreements and security agreements required by Seller under this
paragraph. No course of conduct, or any delay of Seller in
exercising any rights hereunder, shall waive any rights of Seller or
modify this agreement. Failure of Seller to deliver any
installment shall not be a breach of the remainder of the agreement.
7. RETURNS AND ALLOWANCES. Buyer must notify seller of any
request to return goods before the due date on the face hereon or
within 10 working days after delivery, whichever is later.
Acceptance of returns is at the sole discretion of the seller. To
be accepted for return, goods must be in “like new” condition as
determined by seller. Candy bars, suckers, and perishable food
items may not be returned except when defective or shipped in
error. Any goods that are marked, scratched, written upon,
defaced, or otherwise less than “like new” condition may not be
returned for credit. If a subsequent order by buyer for like
goods has been processed by seller, the quantity on the subsequent
order will be deducted from the quantity allowed for returns under this
contract. If free goods have been supplied by seller to buyer for
any purpose, the quantity of free goods supplied shall be deducted from
the quantity allowed for returns under this contract. Catalog sale
items that have not been distributed to sellers and offered to
the end purchaser may not be returned unless the seller is no longer a
student in the school or member of the organization or the end
purchaser has moved and cannot be contacted for delivery. Any
allowances for promotion or any other reason deducted on the face
hereon shall only apply if payment for this contract is made by buyer
to seller within the terms on the face hereon.
8. GOVERNING LAW. This agreement shall be governed and construed
in accordance with the laws of the Commonwealth of Virginia. Any
term contained herein found to be void by legislation or by a court of
competent jurisdiction shall not act to void the remainder of this
agreement.