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FORM 1090
All purchases made by authorized GE Distributors are expressly conditioned upon the terms and conditions contained in the Apparatus Distributor Agreement between said distributor and GE. All other purchases are expressly conditioned upon the following terms and conditions of sale:
CONDITIONS OF SALE
1. WARRANTIES:
Seller warrants to Buyer that products and any services furnished hereunder
will be free from defects in material, workmanship and title and will
be of the kind and quality specified in Seller's written quotation. The
foregoing shall apply only to failures to meet said warranties (excluding
any defects in title) which appear within one year from the date of shipment
hereunder; provided, however, that if Buyer, in the course of its regular
and usual business, transfers title to or leases such products (including
equipment incorporating such products) to a third party, such period shall
run until one year from such transfer or lease or eighteen months from
shipment by Seller, whichever occurs first.
The
conditions of any tests shall be mutually agreed upon and Seller shall
be notified of, and may be represented at, all tests that may be made.
The warranties and remedies set forth herein are conditioned upon (a)
proper storage, installation, use and maintenance, and conformance with
any applicable recommendations of Seller and (b) Buyer promptly notifying
Seller of any defects and, if required, promptly making the product available
for correction.
If
any product or service fails to meet the foregoing warranties (except
title), Seller shall thereupon correct any such failure either at its
option, (i) by repairing any defective or damaged part or parts of the
products, or (ii) by making available, F.O.B. Seller's plant or other
point of shipment, any necessary repaired or replacement parts. Where
a failure cannot be corrected by Seller's reasonable efforts, the parties
will negotiate an equitable adjustment in price.
The
preceding paragraph sets forth the exclusive remedies for claims (except
as to title) based on defect in or failure of products or services, whether
the claim is in contract, indemnity, warranty, tort (including Seller's
negligence), strict liability or otherwise and however instituted. Upon
the expiration of the warranty period, all such liability shall terminate
and Buyer shall have a reasonable time, within thirty days after the warranty
period, to give written notice of any defects which appeared during the
warranty period. Except as set forth in Article 2, "Patents", the foregoing
warranties are exclusive and in lieu of all other warranties, whether
written, oral, implied or statutory. NO IMPLIED STATUTORY WARRANTY OF
MERCHANTABILITY OR FITNESS FOR PARTICULAR PURPOSE SHALL APPLY. Seller
does not warrant any products or services of others which Buyer has designated.
2. PATENTS:
(a) Subject to the provisions of this Article, Seller warrants
that products furnished hereunder, and any part thereof, shall be delivered
free of any rightful claim of any third party for infringement of any
United States patent. If notified promptly in writing and given authority,
information and assistance, and contingent upon Buyer not taking any position
adverse to Seller in connection with such claim, Seller shall defend,
or may settle, at its expense, any suit or proceeding against Buyer so
far as based on a claimed infringement which would result in a breach
of this warranty and Seller shall pay all damages and costs awarded therein
against Buyer due to such breach. In case any product or part thereof
is in such suit held to constitute such an infringement and the use for
the purpose intended of said product or part is enjoined, Seller shall,
at its expense and option, either procure for Buyer the right to continue
using said product or part, or replace same with a noninfringing product
or part, or modify same so it becomes noninfringing, or remove the product
and refund the purchase price (less reasonable depreciation for any period
of use) and any transportation costs separately paid by Buyer. The foregoing
states the entire liability of Seller for patent infringement by said
products or any part thereof.
(b)
The preceding paragraph shall not apply to any product or part specified
by Buyer or manufactured to Buyer's design, or to the use of any product
furnished hereunder in conjunction with any other product in a combination
not furnished by Seller as a part of this transaction. As to any such
product, part, or use in such combination, Seller assumes no liability
whatsoever for patent infringement and Buyer will hold Seller harmless
against any infringement claims arising therefrom.
3. DELIVERY,
TITLE AND RISK OF LOSS:
Delivery dates are approximate and are based upon prompt receipt of all
necessary information from Buyer. Unless otherwise specified by Seller,
delivery will be made and title will pass F.O.B. point of shipment to
Buyer. Risks of loss or damage pass to Buyer on delivery.
4. EXCUSABLE
DELAYS:
Seller shall not be liable for delays in delivery or performance, or for
failure to manufacture, deliver or perform, due to (i) a cause beyond
its reasonable control, or (ii) an act of God, act of Buyer, act of civil
or military authority, Governmental priority, strike or other labor disturbance,
flood, epidemic, war, riot, delay in transportation or car shortage, or
(iii) inability on account of a cause beyond the reasonable control of
Seller to obtain necessary materials, components, services or facilities.
Seller will notify Buyer promptly of any material delay excused by this
Article and will specify the revised delivery date as soon as practicable.
In the event of any such delay, there will be no termination and the date
of delivery or of performance shall be extended for a period equal to
the time lost by reason of the delay. In the event of an unexcused and
material delay, the parties will mutually agree to an equitable solution.
5. PAYMENTS
AND FINANCIAL CONDITION:
Except to the extent otherwise specified by Seller in its quotation, pro
rata payments shall become due without setoff as shipments are made. If
Seller consents to delay shipments after completion of any product, payment
shall become due on the date when Seller is prepared to make shipment.
In the event of any such delay, title shall pass and products shall be
held at Buyer's risk and expense.
Any
order for products by Buyer shall constitute a representation that Buyer
is solvent. In addition, upon Seller's request, Buyer will furnish a written
representation concerning its solvency at any time prior to shipment.
If
Buyer's financial condition at any time does not justify continuance of
the work to be performed by Seller hereunder on the agreed terms of payment,
Seller may require full or partial payment in advance. In the event of
Buyer's bankruptcy or insolvency or in the event any proceeding is brought
against Buyer, voluntarily or involuntarily, under the bankruptcy or any
insolvency laws, Seller shall be entitled to cancel any order then outstanding
at any time during the period allowed for filing claims against the estate
and shall receive reimbursement for its proper cancellation charges. Seller's
rights under this Article are in addition to all rights available to it
at law or in equity.
6. DISCLOSURE
OF INFORMATION:
Any information, suggestions or ideas transmitted by Buyer to Seller in
connection with performance hereunder are not to be regarded as secret
or submitted in confidence except as may be otherwise provided in a writing
signed by a duly authorized representative of Seller.
7. TAXES:
In addition to any price specified herein, Buyer shall pay the gross amount
of any present or future sales, use, excise, value-added, or other similar
tax applicable to the price, sale or delivery of any products or services
furnished hereunder or to their use by Seller or Buyer, or Buyer shall
furnish Seller with evidence of exemption acceptable to the taxing authorities.
8. LIMITATIONS
OF LIABILITY AND INDEMNITIES:
(a) Subject to the other provisions of this Article, Seller agrees
to indemnify and save harmless Buyer from and against any loss, expense
or claim asserted by third parties for damage to third party tangible
property, or for bodily injury, or both, arising out of the performance
of this agreement, to the extent such damage or injury is attributable
to the negligence of Seller; provided that Buyer gives Seller prompt notice
of any such claim and all necessary information and assistance so that
Seller, at its option, may defend or settle such claim and Buyer does
not take any adverse position in connection with such claim. In the event
that any such damage or injury is caused by the joint or concurrent negligence
of Seller and Buyer, the loss, expense or claim shall be borne by Seller
and Buyer in proportion to their negligence.
(b)
Except as provided in Article 2, "Patents", in no event, whether as a
result of breach of contract, indemnity, warranty, tort (including Seller's
negligence), strict liability or otherwise, shall Seller's liability to
Buyer or its insurers for any loss or damage arising out of, or resulting
from this agreement, or from its performance or breach, or from the products
or services furnished hereunder, exceed the price of the specific product
or service which gives rise to the claim, and except as to title, any
such liability shall terminate upon the expiration of the warranty period
specified in Article 1, "Warranties". Any such claim of liability must
be timely commenced in a court of competent jurisdiction in accordance
with the applicable statute of limitations and/or of repose, but in no
event later than one year from the termination of the warranty period.
(c)
In no event, whether as a result of breach of contract, indemnity, warranty,
tort (including Seller's negligence), strict liability or otherwise, shall
Seller be liable for any special, consequential, incidental or penal damages
including, but not limited to, loss of profit or revenues, loss of use
of the products or any associated equipment, damage to associated equipment,
cost of capital, cost of substitute products, facilities, services or
replacement power, downtime costs, or claims of Buyer's customers for
such damages. If the products or services being provided by Seller will
be furnished by the Buyer to a third party by contract or otherwise or
relate to a contract between the Buyer and a third party, the Buyer shall
obtain from such third party a provision affording Seller the protection
of this Article, except for paragraph (a).
(d)
If Seller furnishes Buyer with advice or other assistance which concerns
any product supplied hereunder or any system or equipment in which any
such product may be installed and which is not required pursuant to this
agreement, the furnishing of such advice or assistance will not subject
Seller to any liability, whether in contract, indemnity, warranty, tort
(including Seller's negligence), strict liability or otherwise. For the
purposes of paragraphs (b), (c) and (d) of this Article, the term Seller
includes the Seller's subcontractors and suppliers.
(e)
Unless otherwise agreed in writing by a duly authorized representative
of Seller, products sold hereunder are not intended for use in connection
with any nuclear facility or activity. If so used, the provisions of the
Rider For Nuclear Applications (below) will apply.
9. SOFTWARE:
Software furnished pursuant to Seller's quotation shall be provided pursuant
to Seller's standard software license agreement, the terms and conditions
of which shall take precedence over these Conditions of Sale with respect
to the provision of such software.
10. GENERAL:
Any products delivered by Seller hereunder will be produced in compliance
with the Fair Labor Standards Act of 1938, as amended and applicable.
Seller will comply with applicable federal, state and local laws and regulations
as of the date of any quotation which relate to (i) nonsegregated facilities
and equal employment opportunity (including the seven paragraphs appearing
in Section 202 of Executive Order 11246, as amended), (ii) workers' compensation,
and (iii) the production in Seller's manufacturing facilities of products
furnished hereunder. Price and, if necessary, delivery will be equitably
adjusted to compensate Seller for the cost of compliance with any other
laws or regulations.
The
delegation or assignment by Buyer of any or all of its duties or rights
hereunder without Seller's prior written consent shall be void.
Any
representation, warranty, course of dealing or trade usage not contained
or referenced herein will not be binding on Seller. These Conditions of
Sale contain the entire and only agreement between the Buyer and Seller
respecting the terms and conditions and supersedes and cancels all previous
negotiations, agreements, commitments, representations and writings in
respect thereto. The Conditions of Sale may not be amended, supplemented,
changed or modified in any manner, orally or otherwise, except by an instrument
in writing of concurrent or subsequent date, signed by a duly authorized
representative of each party.
The
validity, performance and all matters relating to the interpretation and
effect of this agreement and any amendment hereto shall be governed by
the law of the State of New York, excluding its conflict of law rules.
The invalidity, in whole or part, of any of the articles or paragraphs
in this Conditions of Sale will not affect the remainder of such article
or paragraph or any other article or paragraph.
The
provisions of this agreement are for the benefit of the parties hereto
and not for any other person except as specifically provided herein.
RIDER
FOR NUCLEAR APPLICATIONS
If
any products sold hereunder are used in connection with any nuclear facility
or activity, Seller and its suppliers shall have no liability to Buyer
or its insurers for any nuclear damage or contamination, and Buyer shall
indemnify Seller against any such liability, whether as a result of breach
of contract, indemnity, warranty, tort (including Seller's negligence),
strict liability or otherwise. The indemnity in Article 8(a) above shall
not apply to any damages or bodily injury, or both, arising out of a "nuclear
incident", as that term is defined in the Atomic Energy Act of 1954, as
amended (the "Act"). In addition, Buyer shall furnish financial protection
as required by Section 170 of the Act, including an agreement of indemnification
and/or nuclear liability insurance from ANI and MAELU, or both, pursuant
to Section 170 of the Act, as applicable. Buyer shall not remove any items
of equipment from the plant site or otherwise transfer any interest therein
without first providing Seller with written assurance of limitation of
and protection against liability (both nuclear and non-nuclear) following
the proposed removal or transfer at least equivalent to that afforded
to Seller and its suppliers under Article 8 above. Removal or transfer
contrary to this provision shall, in addition to any other legal or equitable
rights of Seller, make Buyer the indemnitor of Seller and its suppliers
to the same extent that they would have been protected had no such removal
or transfer taken place. Any Seller's material or equipment which becomes
radioactive at the work site, shall, at Seller's option, be purchased
by Buyer. Any nuclear decontamination necessary for Seller's performance
(including warranty) shall be performed by Buyer without cost to Seller.
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