Haynes International, INC

2. Price. Buyer shall purchase the Goods and/or Services from Seller at the prices (the "Prices") set forth on the Customer Acknowledgement. All Prices are exclusive of all sales, use, and excise taxes, and any other similar taxes, duties, and charges of any kind imposed by any governmental authority on any amounts payable by Buyer. Buyer shall be responsible for all such charges, costs, and taxes; provided, that, Buyer shall not be responsible for any taxes imposed on, or with respect to, Seller's income, revenues, gross receipts, personal or real property, or other assets. Notwithstanding the foregoing, if any duty, tax, or tariff is imposed on the Goods prior to their shipment to Buyer, Seller may increase the Price to cover said duty, tax, or tariff. 3. Payment Terms. (a) Unless different terms of payment are approved by Seller’s Credit Department and documented in the Payment Cash discount Percentage field on the Customer Acknowledgement, Buyer shall pay all invoiced amounts due to Seller within thirty (30) days from the date of Seller's invoice. Buyer shall make all payments hereunder in US dollars. (b) Buyer shall pay interest on all late payments at the lesser of the rate of 1.5% per month or the highest rate permissible under applicable law, calculated daily and compounded monthly. Buyer shall reimburse Seller for all costs incurred in collecting any delinquent payments, including, without limitation, attorneys' fees. In addition to all other remedies available under

“Price” · Haynes International Terms and Conditions Effective 01.27.2025 · open the document (PDF)

7. Cancellation By Seller. In addition to any remedies that may be provided under these Terms, Seller may cancel this Agreement with immediate effect upon written notice to Buyer, if Buyer: (a) fails to pay any amount when due under this Agreement and such failure continues for ten (10) business days after Buyer's receipt of written notice of nonpayment; (b) has not otherwise performed or complied with any of these Terms, in whole or in part; or (c) becomes insolvent, files a petition for bankruptcy or commences or has commenced against it proceedings relating to bankruptcy, receivership, reorganization, or assignment for the benefit of creditors. 8. Changes or Cancellation By Buyer. (a) After receipt of the Customer Acknowledgement, Buyer may not change or cancel an order. If Buyer believes extenuating circumstances exist, Buyer may request a change or cancellation by sending a written request via registered, certified, or overnight mail, to: Sales Department-RFC, Haynes International, Inc., 1020 West Park Avenue, Kokomo, Indiana 46904-9013. (b) Seller may accept a request a change or cancellation, in Seller’s sole discretion. (c) If Seller accepts Buyer’s request, Seller will immediately suspend further processing and Buyer will be liable for the following cancellation charges, (less salvageable scrap value as determined by Seller), which shall be immediately due and payable by Buyer to Seller: (i) 10% of the Price of the cancelled Goods, of which, Seller has not yet melted

“Cancellation By Seller” · Haynes International Terms and Conditions Effective 01.27.2025 · open the document (PDF)