Sales Terms and Conditions
SALES TERMS AND CONDITIONS (BAUCOR TOOLS, INC DBA VECTOR MEDICAL)
- Acceptance of Purchase Order. Seller's (Baucor, Inc. DBA Vector Medical) acceptance of Buyer's order, or Buyer's acceptance of Seller's offer, is expressly conditioned on Buyer's agreement to the terms and conditions of these General Terms and Conditions of Sale (these "General Terms") that govern any resulting sale. Seller does not agree to any conflicting terms and conditions proposed by Buyer. Buyer's acceptance of items described in the accompanying quote ("Products") sold hereunder will manifest Buyer's consent hereto. If Buyer requests shipment based on telephone, online, email, mail or facsimile order, Buyer does so with the understanding that these General Terms apply. No variation, addition, termination, or waiver of any term or condition will be binding on Seller unless in writing and signed by Seller's duly authorized representative.
- Supply and Production. All sales are final. No return is accepted and no refund is issued except that Seller cannot supply the goods per specifications as agreed with Buyer and/or within the promised delivery time (please see item 6 for excusable delays). Seller agrees to supply the goods and/or services per specifications provided by Buyer and/or provided by Seller, as ordered by Buyer. In case Seller cannot supply the goods as agreed, it may once again attempt to supply them with the agreed specifications within a reasonable time or cancel the order and refund the payment received to Buyer. In no event, Seller's responsibility and liability cannot exceed the amount of money it received from Buyer and as soon as Seller returns the payment received from the buyer, Seller's responsibility and liability cease. If Seller has not received any payment from Buyer, Buyer accepts that Seller has no liability and/or responsibility emerging from the inability to supply ordered products as described and/or within promised lead time. If Buyer approves new shipment date after original shipment date is delayed, Buyer fully understands and agrees that it cannot cancel order due to delay. If Buyer accepts partial shipment and delivery of remainder of order is delayed, Buyer can only cancel unreceived portion of order in case of a delay beyond promised lead time, however Buyer agrees to pay for portion of order received per pro-rated payment term (price per piece) and all shipping charges.
- Subcontracting and Outsourcing. While permitted by law, Seller may outsource and/or subcontract production of buyer's order(s) to third party companies (contract manufacturers) in any country and anywhere in the world without geographical limitations and without written and/or verbal notice to Buyer and without seeking Buyer's consent. Seller may share with third parties Buyer's purchase order related information such as documentations, drawings, and specifications if provided by Buyer. Seller is responsible for making agreements with third party suppliers and contract manufacturers to keep Buyer's order related documentation and information private, safe and secret. Seller may share Buyer's documentations and/or drawings, specifications with its contractors and/or subcontractors with written consent from Buyer if there is an non-disclosure agreement made. Seller is responsible for enforcing its contractors to keep Buyer's all material and documentation private for the period that Non-Disclosure Agreement remains intact.
- Delivery. Except as otherwise specifically agreed in writing, Seller will not be responsible for freight, transportation, insurance, shipping, packing, storage, handling, demurrage, damage, or similar charges. If such charges are by the terms of sale included in the price, any increase in rates becoming effective after the date hereof will be for the account of Buyer. Unless otherwise agreed in a writing signed by Seller, all sales will be Prepay & Add Freight/FOB Origin, Seller's warehouse. Buyer bears, owns, and files claims and title and risk of loss will pass to Buyer upon delivery to Buyer at Seller's warehouse. All distribution drop shipments and factory direct shipments are non-cancellable/non-returnable.
- Price Increase. Prices are based on labor and material costs as of the quotation date. Any variation in any of those costs after that date will be for the account of Buyer after written notice of variation in prices has been given by Seller.
- Taxes. Except as otherwise provided by law, all sales, excise and similar taxes, or duties which Seller may be required to pay or collect with respect to the Products or their supply to Buyer, will be for the account of the Buyer. Where Buyer claims exemption from duty or tax, Buyer will furnish appropriate exemption certificate to Seller.
- Excusable Delay. Seller will not be responsible for delays in delivery or failure to deliver due to causes beyond Seller's control.
- Buyer's Specifications and Indemnification. Where the Products are supplied according to Buyer's specifications, Buyer indemnifies Seller and its affiliates, officers, directors, shareholders, managers, agents, employees, suppliers, subcontractors, servants, customers, successors and assigns from any liabilities, obligations, losses, damages, penalties, claims, actions, suits, arbitrations and costs (including, without limitation, attorneys' fees and costs, litigation support charges, and expert witness fees) and expenses suffered by Seller with respect to (a) any claim that the Products infringe any patent, copyright, trademark, trade secret, design, or other intellectual property right or proprietary or similar rights and (b) any claim that the Products were incorrectly or improperly installed. Seller will not be liable for (a) any error, omission, or inaccuracy in drawings or specifications provided or approved by Buyer and will be under no obligation to check or confirm the conformity, accuracy, or adequacy of patents, regulatory requirements,drawings, or similar specifications provided to Seller by Buyer or (b) any obligation to install the Products correctly or properly.
- Installments and Subcontract. Unless otherwise expressly stated, Seller will have the right to deliver the Products in installments. All installments will be separately invoiced and paid as billed without regard to subsequent deliveries. Failure to pay for any installment when due will excuse Seller from making future deliveries. Seller may subcontract the performance of the whole or any part of these terms and conditions to any person.
- Limited Warranty; Disclaimer of Implied Warranties. THE PRODUCTS ARE SOLD "AS IS, WHERE IS". SELLER MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO THE PRODUCTS SOLD HEREUNDER, AND SELLER HEREBY DISCLAIMS ALL WARRANTIES, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT AND FITNESS FOR A PARTICULAR PURPOSE, WHETHER ANY SUCH PURPOSE IS KNOWN OR UNKNOWN. THIRD PARTY WARRANTIES WILL BE PASSED ON TO BUYER AS APPLICABLE.
- Payment. Payments will be made within the terms stated on the invoice and/or email quote. If Buyer fails to comply with any terms of payment, Seller may withhold further deliveries or at its option terminate these General Terms whereupon any unpaid money will become immediately due. If, by the terms of sale, credit is extended to Buyer, Seller reserves the right to revoke such credit if Buyer fails to pay for any Products when due and Seller will then have the right to demand payment before any further shipments of Products. All past due payments will bear interest at a rate of one and one-half percent (1.5%) per month from the past due date until date of receipt of payment by Vector Medical or at the highest rate of interest allowed by the laws of the State of California, whichever is lower.
- Publication, Sharing and Duplication: Buyer agrees that Seller may share with others and/or publish photo(s), picture(s), specification(s), drawing(s), sketch(es) and all related document(s) provided by Buyer in any form unless Buyer notifies Seller that Product(s) ordered by Buyer is Patented and/or a Non-Disclosure Agreement is signed for Product(s) between Buyer and Seller. Publication platforms include, but not limited to, the internet, magazines, periodicals, and TV. Buyer agrees that Seller may use Buyer provided specifications to build and/or sell same exact and/or similar versions of Products to other Buyers unless Buyer signed Non-Disclosure Agreement with Seller and/or notified Seller of any patent rights before. Buyer agrees to hold Seller, Seller's agents, officers, directors, employees, harmless from and against all and any claims, costs, suits, and damages, including attorneys fees arising out of the performance of this item in the agreement, and the whole agreement and/or in connection with the management and operation of Seller, including claims, damages, and liabilities for injuries suffered, or occurrences of death or property damage relating to the property, excluding any claims or liabilities arising out of the sole negligence or willful misconduct of Agent or its employees.
- Notice of Claims. Immediately upon receipt of the Products, Buyer will inspect the same. Any claim for shortage must be made within ten (10) days after Buyer's receipt of the Products. All other claims, including claims for alleged defective Products, must be made within ten (10) days after Buyer learns of the facts upon which such claim is based, but in no event later than fifteen (15) days after Buyer's receipt of the Products. All claims not made in writing and received by Seller within the time period specified above will be deemed waived. With respect to any defects incapable of discovery until in use or in processing in the manufacture of other products, all claims for any damages or losses as a result of such defects will be deemed waived unless made in writing and received by Seller within fifteen (15) days after Buyer's receipt of the Products or within ten (10) days after Buyer learns of the alleged defect giving rise to the claim, whichever will first occur, and, after the expiration of either of said periods, Buyer expressly assumes all liability for all such damages or losses irrespective of any processing or use which will have taken place or whether the alleged defect will have occurred or been discovered prior to expiration of such period.
- Setoff. Buyer will have no right to setoff any amounts due or payable to Seller hereunder against any claim or charge Buyer may have against Seller.
- Termination for Insolvency. Seller may wholly or partly terminate any sale of Products hereunder if Buyer makes any assignment or trust for the benefit of creditors, becomes insolvent or otherwise is unable to pay its debts as they become due, or if proceedings are commenced by or against Buyer alleging bankruptcy, or insolvency, or involving the appointment of a receiver.
- Exclusive Remedy. BUYER'S EXCLUSIVE REMEDY UNDER THESE GENERAL TERMS IN LIEU OF ALL OTHER REMEDIES WILL BE FOR DAMAGES OR, AT SELLER'S ELECTION, REPAIR OR REPLACEMENT OF DAMAGED ITEM(S) OF PRODUCTS RETURNED AT BUYER'S EXPENSE TO SELLER; IN THE EVENT DAMAGED PRODUCTS CANNOT BE REPAIRED OR REPLACED, SELLER MAY REFUND THE PURCHASE PRICE PAID BY BUYER FOR THE PARTICULAR ITEM(S) OF PRODUCTS WITH RESPECT TO WHICH LOSSES OR DAMAGES ARE CLAIMED.
- Entire Agreement. This instrument contains the entire agreement between the parties, and no promises, provisions, terms, warranties, conditions or obligations whatsoever, whether express or implied, other than herein set forth, will be binding upon either party.
- Limitation of Liability. IN NO EVENT WILL SELLER HAVE ANY OBLIGATION OR LIABILITY (WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE; AND NOTWITHSTANDING ANY FAULT, NEGLIGENCE (WHETHER ACTIVE, PASSIVE OR IMPUTED), REPRESENTATION, STRICT LIABILITY OR PRODUCT LIABILITY OF SELLER) FOR COVER OR FOR ANY CONSEQUENTIAL, INCIDENTAL, OR INDIRECT DAMAGES OR LOSS OF REVENUE, PROFIT, SAVINGS OR BUSINESS ARISING FROM OR OTHERWISE RELATED TO THE PRODUCTS OR A SALE BY SELLER TO BUYER, EVEN IF SELLER OR ITS AGENTS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SELLER'S AGGREGATE LIABILITY (WHETHER ARISING IN CONTRACT, WARRANTY, TORT OR OTHERWISE) WITH REGARD TO THE PRODUCTS OR A SALE BY SELLER TO BUYER WILL IN NO EVENT EXCEED THE PURCHASE PRICE PAID BY BUYER FOR THE PARTICULAR ITEM(S) OF PRODUCTS WITH RESPECT TO WHICH LOSSES OR DAMAGES ARE CLAIMED.
- Cumulative Remedies; Nonwaiver. Seller's remedies herein provided will be cumulative and in addition to any other remedies by law or in equity. Seller's failure to insist upon or enforce strict performance of any of, or to exercise any rights or remedies under, Seller's agreement with Buyer will not be construed as a waiver or relinquishment to any extent of Seller's right to assert or rely upon any such provision, right or remedy in that or any other instance; rather, the same will remain in full force and effect.
- Applicable Law. Sales of Products pursuant to these General Terms will be interpreted, construed, and enforced in all respects in accordance with the laws of the State of California, U.S.A, if transaction is made with Vector Medical, Inc. without reference to its choice of law principles to the contrary, except that the U.N. Convention on Contracts for the International Sale of Goods (1980), or any successor thereto, does not apply. Buyer will not commence or prosecute any action, suit, proceeding or claim relating to the Products other than in the state or federal courts located in Orange County, State of California if seller is Vector Medical Inc. Buyer hereby irrevocably consents to the jurisdiction and venue of such courts in connection with any action, suit, proceeding or claim arising under these General Terms or by Seller's sale of Products.
- Miscellaneous. No course of prior dealings between Buyer and Seller and no usage of the trade will be relevant to supplement, interpret or explain these General Terms. Buyer shall comply with all applicable laws, regulations, rules, orders and other requirements, now or hereafter in effect, of any applicable governmental authority in its performance of Seller's agreement with Buyer and use of the Product.
- Assignment. These General Terms bind and inure to the benefit of Seller, its successors and assigns. Buyer may not assign any right or interest in Seller's agreement with Buyer nor delegate the performance of any of its obligations without Seller's prior written consent.
- Notices. Any notice will be sent by registered or certified mail with return receipt requested (airmail if sent internationally) to either party's address set forth on the face of the purchase. Notice may also be given by such other means as may be agreed upon. Notice will be effective upon receipt.
- Issuance of a formal and/or verbal purchase order to Seller constitutes acceptance of these terms and conditions.
Last Updated: February 21, 2019