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PROCESS 4ANZ INC. MSTEMWOWNER&P1WCM5 SPecudi'iS SNCE1Wl SMPCOA Fm OAMA.LACA 94546 PWP25037-Oslo MX:PM S37-4= QUOTE # 0 PROJECT NAME TERMS AND CONDITIONS 1. PAYMENT: Payment to Vendor shall not be on condition of payment to Buyer by Owner or Contractor prime to buyer. Minor repairs,backorders,startup,training and delivery of 08r1\4 Manuals shall not be reason to withhold payment. 2. TERMS OF PAYMENT: Credit Approval required. With approved credit jobs over $5000.00 PROGRESS PAYMENTS are required as follows:After submittal approval 25%,then 45%required PRIOR TO SHIPMENT,with the 30%BALANCE of order being net 30 days.Add 1-1/2%/mo over 30 days. No final payment to exceed 90 days after receipt of order.All freight invoices that are billed separately are due upon receipt of invoice. 3.COLLECTION:Any costs incurred in the collection of the past due amotults including attorney's fees,court cost,etc., shall be paid by buyer. We cannot accept payment to the purchaser's client for equipment or services provided. 4.TAXES: Taxes are not included unless separately stated as such. 5.RETENTION FEES: Ryan Process, Inc. does not accept Retention Fees Lmless negotiated and accepted in writing, prior to the issuance of any purchase order. In any event,Retention Fees may not be held past 60 days after shipment. 6.CONSEQUENTIAL OR LIQUIDATED DAMAGES: Ryan Process,Inc does not accept Consequential or- iguidated Damages,unless negotiated and accepted in writing,pDr Qr to the issuance of any purchase order. 7.TIME OF POSSESSION: Buyer shall take possession of the equipment FOB Facto ro and shall inspect and accept it for payment upon receipt. Claims for damage in transit shall be made directly by Buyer to Freight Company. 8.DELIVERY.Seller expects to deliver on the following schedule: a. SUBMITTALS: 2-3 weeks following acceptance of signed Purchase Order and Ryan Process Terms and Conditions. b.EQUIPMENT SHIPMENT: weeks following receipt of approved submittal. 9.PERFORMANCE: Seller is a Distributing Representative and limited by the performance of its Suppliers. Seller shall not be liable for consequential and incidental damages or late performance. 10.WARRANTIES: Seller's liability shall be limited to those provided by the Seller's Supplier or Manufacturer. Repair or replacement shall be limited to standard conditions of warranty of the manufacturer. No other warranty is offered or implied. Please note the limits of labor,rejection,time of response,shipping and return of merchandise. None of the above will be permitted without the Sellers Supplier or Manufacturer's written permission. 11.COMPLIANCE: Good faith efforts shall be made,but acceptance by engineers and other parties cannot be guaranteed. Quotation is based on interpretation of specifications and the factory's manufacturing standards.As related to the equipment supplied, the Seller shall conform to the Scope of Supply and shall not be liable for conforming to laws and regulations not adequately identified and described. Seller is not responsible for omissions,lack of notifications,or lack of clarity of specifications,drawings or requirements by Buyer,Design and/or Review Engineer,or others. 12.CONFIDENTIALITY: Manufacturer may require Buyer or Owner to sign a confidentiality agreement prior to release of any proprietary information including drawings and calculations. 13.MATERIAL RETURNS: Buyer may not return any material without express written authorization and upon terms and payment of any applicable restocking charges up to 100%of the purchase price. 14.THESE TERMS AND CONDITIONS• are part of our proposed offering and are to be signed and dated with your acceptance. Any purchase order or contract shall incorporate our proposal and terms. Any changes shall be negotiated prior to any order acceptance. Accepted by: _____ Date: