Associated Spring Us, LLC

2. Pricing and Payments. (a) All prices are ExWorks (Incoterms® 2020) and are valid for the term specified on the applicable Quote. Supplier reserves the right to change pricing of Products within a Contract by providing 30 days’ written notice any time prior to shipment of the Products due to changes in prices of raw material, wages, rates of exchange, taxes, duties, tariffs or the like. (b) All prices are exclusive of any federal, state or local property, license, privilege, sales, use, excise, gross receipts, value added or other like taxes which may be applicable to, or imposed upon, the transaction, the Products, or the sale, transportation, delivery, value or use thereof, or any services performed in connection therewith (“Taxes”). Upon presentation of invoices by Supplier, Customer will pay any and all such Taxes. Any claimed exemption from such Taxes must be supported by proper documentary evidence delivered to Supplier. (c) Payment terms are net 30 days from the date of invoice. All payments due hereunder will be made without setoff or deduction of any kind and shall be made in the currency in which prices are set forth on the relevant Quote. Amounts remaining unpaid more than 30 days from date of invoice will bear interest at a monthly rate of 1.5% or the maximum rate permitted by applicable law (whichever is less). In the event Supplier refers delinquencies to an attorney or an agent for collection, the Customer shall pay all costs of collection, including reasonab

“Pricing and Payments” · GENERAL TERMS AND CONDITIONS OF SALE · open the document (PDF)

3. Delivery. Delivery is Ex Works Supplier’s facility (Incoterms® 2020). Title and liability for loss or damage to Products pass to Customer upon delivery. Scheduled or stipulated delivery dates are approximate and based upon prompt receipt of all necessary information from Customer. Supplier will not be liable for any loss or expense incurred by Customer if Supplier fails to meet any delivery dates. Each delivery constitutes a separate sale, and Customer shall pay for all Products shipped, whether a shipment is in whole or partial fulfillment of a Contract. Supplier will appropriately package Products for shipping. Customer is responsible for arranging and paying for pickup and shipping from the point of delivery, including obtaining any necessary import/export licenses or permits and any customs duties, clearance charges, tariffs, brokers' fees and other amounts payable in connection with the import/export of the Products by Customer.

“Delivery” · GENERAL TERMS AND CONDITIONS OF SALE · open the document (PDF)

11. Limited Warranty. Supplier warrants to Customer that Products sold to Customer shall be free from defects in material and workmanship at the time of delivery. Warranty claims must be asserted in writing within the twelve (12) month period following delivery of the defective Products (the “Warranty Period”). Supplier will have no liability or obligations with respect to any warranty claim asserted after the Warranty Period. This warranty is the only warranty applicable to the Products and is exclusively for the benefit of Customer. This warranty is void if the Products are damaged by misuse, mishandling, disassembly, improper installation, installation in a system with which it is not compatible, neglect, accident, modification or handling by any party not under the direct control of Supplier. Supplier’s liability for breach of the foregoing warranty shall be limited solely and exclusively to repairing or replacing, at Supplier’s option, the defective Products. Customer is responsible for repair charges and all shipping charges for repairs determined by Supplier to be non-warranty repairs. All repaired and replacement Products are warranted for the longer of 90 days or the remainder of the original Warranty Period. SUPPLIER HEREBY DISCLAIMS ALL OTHER WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. THE EXPRESS REMEDIES SET FORTH IN THIS SECTION ARE CUSTOMER’S SOLE AND

“Limited Warranty” · GENERAL TERMS AND CONDITIONS OF SALE · open the document (PDF)