Remanufacturing MRC Eclipse PVD systems
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1. The undersigned applicant agrees to promptly make payment of all Guy Carmeli Services Inc invoices within the terms stated on each invoice.Our standard terms are advanced payment. The terms agreed upon herein in this application shall be deemed incorporated in each such invoice. However, to the extent that the terms of the invoices may be contradictory tot he terms herein, the terms of the invoices shall control. Any amounts not paid by due date shall be subject to a late payment charge of 3% per month, or the highest rate allowed by low, if lower. Applicant agrees to be responsible for all collection costs and attorney’s fees incurred by Guy Carmeli Services Inc. in connection with any delinquent account. If payment is not received by seller within the terms of seller’s invoice, seller shall have the right, in addition to all other rights provided by law or in equity,to repossess the products sold, wherever they may be.

2. The terms and conditions on Guy Carmeli Services Inc. standard form of invoice are incorporated herein by this reference. Applicant’s acceptance of goods, subject to notice of damage or defect within three days of receipt, creates an obligation to pay the invoiced amount.

3. Applicant authorizes Guy Carmeli Services Inc. to investigate the references listed on on the application for commercial credit and authorizes applicant’s bank and any credit reporting service to release information as requested by Guy Carmeli Services Inc.

4. Credit is granted in reliance upon the information provided in and with this application. All decisions regarding the granting or continuation of credit are at the sole discretion of Guy Carmeli Services Inc. and subject to termination at any time.

5. Prices: All prices are for immediate acceptance and are subject to corrections of clerical or typographical error. All quotations are subject to change in accordance with manufacturers adjustments at time of shipment.

6. Delivery: All lead times quoted represent estimated manufacturers production time or time required to prepare material for shipment, exclusive of transportation time. Delivery time quoted is provided as an estimate only. Guy Carmeli Services Inc. cannot responsibility or accept back charges for late deliveries. Buyer shall pay all packaging, transportation and insurance costs.

7. Warranty: Guy Carmeli Services, as defined below, provides three months warranty from the date of retail purchase by the original end-user purchaser for parts excluding consumables against defects in materials and workmanship under normal use. If a hardware defect arises and a valid claim is received within the Warranty Period, at its option, Guy Carmeli Services Inc.  will either (1) repair the hardware defect at no charge, using new or refurbished replacement parts, or (2) exchange the product with a product that is new or which has been manufactured from new or serviceable used parts and is at least functionally equivalent to the original product.

8. F.O.B.: Most Guy Carmeli Services Inc. items will be sold F.O.B. our facility. Risk of loss to pass to buyer at point of shipment.

9. Confirmations: Orders must be confirmed. Guy Carmeli Services Inc. will not be responsible for expense and inconvenience caused through duplication of orders.

10. Sales Tax: Any state sales tax is the responsibility of buyer and may be collected by seller, if required by law, unless a resale certificate is submitted to seller. If buyer intends to rely on any such certificate, buyer shall provide it to seller with the signed copy of this agreement.

11. Returned goods are accepted only after receiving permission from Guy Carmeli Services Inc. Restocking and return factory transportation charges will be applicable. Credits will be issued at such time as it it issued by the manufacturer. Debit memos will not be honored. Used, Old or Damaged materials/parts will not be considered for return.

12. Cancelled And/Or delays penalty: The following penalties will apply in case of cancellation And/Or request of delays in delivery, after placement of order:

Cancellation / Delay within 30 days from Purchase Order date: 20% Penalty

Cancellation / Delay within 60 days from Purchase Order date: 30% Penalty

Cancellation / Delay within 90 days from Purchase Order date: 50% Penalty

Cancellation / Delay beyond 90 days from Purchase Order date: 90% Penalty