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Terms and Conditions

TERMS AND CONDITION OF SALE

Terms and conditions set forth in any document provided by the purchaser which differ from, conflict with, or are not included in the terms and conditions set forth in this document shall not become a part of any agreement between Essential IC and the purchaser unless such terms and conditions are specifically accepted by us in writing.

No waiver of any terms, conditions, or obligation thereof shall be deemed a waiver of similar terms in the future, nor shall any breach be deemed a waiver of subsequent breaches of the same or other nature.


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ADDITIONAL INCONSISTENT TERMS

Terms and conditions set forth in any document provided by the purchaser, which differ from, conflict with, or are not included in the terms and conditions set forth in this document, shall not become a part of any agreement between the purchaser and Essential IC unless such terms and conditions are specifically accepted by us in writing.



CREDIT / TERMS OF PAYMENT

Unless otherwise expressly stated in writing, terms are C.O.D. We reserve the right at any time to require full or partial payment in advance of shipment, or to revoke any credit previously extended, if, in our judgment, the purchaser's financial condition does not warrant proceeding on the terms specified. In the case Buyer shall fail to make payments on this or any other contract between Buyer and Essential IC in accordance with Essential IC’ terms.

Essential IC may defer future shipments until such payments are made, or may, at its option, cancel unshipped balances. Essential IC reserves the right to refuse all orders deemed unacceptable by reason payment terms, financial responsibility, or other sound business reasons. In addition to the prices stated, the Buyer expressly agrees to be liable for interest at the maximum allowable contract rate under applicable law on past due accounts. The buyer expressly agrees to be liable for any LATE CHARGES as may be permitted by Florida Law. The LATE CHARGES will be computed and applied at the rate of 1.5% per month (18% per year) of each past due period (every 30 Days) or at a rate of $25.00 minimum charge whichever is greater.

Buyer hereby represents and warrants that Buyer is presently able to pay Buyer's debts in the ordinary course of business or as they become due and that Buyer has no outstanding account with any other person or company which is greater than thirty (30) days overdue. Payment must be made from our standard commercial invoice. No customer supplied voucher forms will be completed. There will be a $35.00 re-billed charge on unearned discounts and/or deductions.



COMPLIANCE WITH LAWS

Buyer will comply with all applicable domestic and international laws and regulations. Buyer understands that Essential IC is subject to regulation by agencies of the United States Government, including the United Stated Department of Commerce, which prohibit export or diversion of Essential IC’ products to certain countries. Buyer warrants that it will not sell, or knowingly assist, or participate in the sale of any products to countries or to users not approved to received technical equipment or information under applicable U.S. laws and regulations. Buyer will hold harmless and Essential IC for any damage resulting to Essential IC from a breach of these laws by Buyer.



TAXES

Orders accepted are subject to Buyer paying all Federal, State, Local or Foreign taxes or duties. The Buyer will reimburse Essential IC with the amount of any taxes in the nature of excise taxes now or hereafter imposed by the United States, an individual State, and International or Local Government Authority, and paid by Essential IC, either as such, or indirectly by increased costs.



BUYER RELIANCE AND REPRESENTATION

Essential IC assumes no responsibility for any errors that may occur in its printed advertising material. Any product recommendation is not binding and shall not eliminate Buyer's responsibility to verify the suitability of the products sold by Essential IC for their particular application. By placing an order with Essential IC, Buyer hereby represents and warrants to Essential IC that Buyer has not relied on any statements made by Essential IC' personnel, and that Buyer has independently determined through his own personal knowledge, that the products ordered are compatible and suitable for the application for which he intends.



BUYER'S TERMS AND CONDITIONS

Goods furnished and services rendered by Essential IC are sold only on the terms and conditions stated herein, notwithstanding any terms or conditions on Buyer's order or quotation form. Essential IC’ performance of any contract is expressly made conditional on Buyer's agreement to Essential IC's Terms and Conditions of Sale. In the absence of such an agreement, commencement of performance and/or delivery shall be for Buyer's convenience only, and shall not be deemed or construed to be acceptance of Buyer's terms and conditions. If a contract is not earlier formed by mutual agreement in writing, acceptance of any goods or services shall be deemed acceptance of the terms stated herein.



QUOTATIONS AND PRICES

All prices published by us or quoted by our representatives may be changed at anytime without notice. Due to fluctuating market conditions, written quotations expire automatically 5 days from the date issued and are subject to change or termination by notice during that period. All prices are subject to adjustment with respect to specifications, quantities, shipment arrangements or other terms and conditions that are not part of the original price quotation. Prices are FOB Supplier and are exclusive of all city, state, and federal taxes, freight, handling and other similar charges, payment of which shall be the sole responsibility of Customer. If Essential IC. pays any such tax or charge, Customer will promptly reimburse the same. The purchaser is responsible for obtaining and providing to us any certificate of exemption or similar document required to exempt any sale from sales, use or similar tax liability. All prices shall be as specified by us or, if no price has been specified, shall be our price in effect at the time of delivery.



CONFIRMING ORDERS

Essential IC shall hold Buyer responsible for any order that is duplicated by Essential IC because Buyer failed to mark the order 'CONFIRMING ONLY' boldly on the face of the order.



DELIVERY

Unless otherwise negotiated, domestic and international shipments are quoted FCA, point of origin. In most cases, the transfer of risk of all goods shall pass to Buyer upon delivery to common carrier or when Buyer takes possession of goods Essential IC’ place of business. Please note that title transfer and ownership of goods from a freight claim standpoint coincides with the terms of delivery indicated on Essential IC Inc. Sales Order. Terms of delivery shall be stated as International Commercial Terms (INCOTERMS) such as EXW, FCA, CIP, CPT, DDU, DDP and/or other special written instructions listed on Essential IC Inc. Sales Order. It is specifically agreed that the risk of loss shall not be altered by the fact that the conduct of either party hereto may constitute a default or breach. Essential IC shall not be liable for delay in delivery or for failure to perform due to causes beyond the reasonable control of Essential IC. Essential IC shall have the right to deliver all goods covered hereby at one time or in portions from time to time, within the time for delivery provided in such order.



SPECIFICATIONS

All products are subject to our standard tolerances for specifications. We reserve the right to make substitutions and modifications in the specifications of any products provided that such substitutions or modifications do not materially affect the performance of the products or the purposes for which they can be used.



PATENTS

Essential IC assumes no obligation or liability of any kind with respect to infringements or alleged infringements of United States or foreign patents, copyrights, trademarks or other proprietary rights arising out of the purchase, use, possession, sale or delivery of any products sold to the Purchaser. The purchaser shall indemnify and hold Essential IC harmless from any and all claims, liabilities, damages, or expenses resulting from infringements or alleged infringements of United States or foreign patents, copyrights, trademarks or other proprietary specifications provided by the purchaser. No sale of any product shall be construed as granting to the purchaser any license or other right in or to any patent, copyright, trademark or other proprietary right applicable to the product.



INTEGRATION AND ASSIGNMENT

This instrument contains the entire and only agreement between the parties with respect to goods and services listed herein and there are no other promises, representations, or warranties, either expressed or implied. The provisions of this agreement shall not be changed or modified except for an instrument, in writing, signed by the parties hereto. Any assignment of this agreement and performance by the parties hereunder by buyer shall be void without Essential IC’s written consent.



INSTALLATION

Buyer shall be solely responsible for the installation and operation of the goods covered herein, including without limitation, the obtaining of all permits, licenses or certificates required for the installation or use of such goods.



LIFE SUPPORT APPLICATIONS

Products sold by Essential IC are not designed for use in life support appliances, devices or systems where malfunctions of such products can reasonably be expected to result in a personal injury. The purchaser using products sold by Essential IC in life support applications does so at its own risk and agrees to fully indemnify Essential IC for any damages resulting in such improper use or sale.



LIMITED WARRANTY

We expressly limit our warranty as follows and such warranties shall be in lieu of any other warranty, express or implied, including but not limited to, any implied warranty of merchantability or fitness for a particular purpose. Products sold by Essential IC Inc. are covered by one of the following provisions, depending upon part number, product line or product category. Essential IC Inc. will, when possible, pass through to the buyer any warranty from the actual manufacturer of the product. A copy of any manufacturer's warranty is available by writing to our customer service department. To validate the warranty, Buyer expressly agrees to follow the terms and conditions of the manufacturer's warranty, including, but not limited to, registration. Products sold by Essential IC Inc. are warranted to be free from defects in material and/or workmanship for a period of 30 (Thirty) days, from date of original purchase. In the event of malfunction or other indication of failure attributable directly to faulty workmanship and/or material, Essential IC Inc. at its option, will repair or replace the defective part or parts. Replacement parts are warranted for the remaining portion of the original warranty period. All such repairs and/or replacement parts shall be rendered by Essential IC Inc. without charge for parts or labor when the product is returned (freight prepaid) within the specified period from the date of purchase. This warranty applies only to the original purchaser. This warranty will not cover the failure of Essential IC’ products, which if determined by Essential IC resulted from accident, abuse, negligence, alterations, or misapplication of the product. In no event will Essential IC be liable for any special, indirect, incidental or consequential damages of any character whether in contract or tort (including negligence and strict liability).



CANCELLATIONS, RETURNS OR EXCHANGES

Orders accepted by Essential IC are non-cancelable/non-returnable, except for parts that do not conform to manufacturer's published specifications for fit, form, function, or electrical characteristics. All products sold by Essential IC are under full fit, form and function warranty for 30 days. Any request for returns or exchanges from customers must be made in writing or by calling Essential IC’ Customer Service Department within thirty (30) days of receipt of merchandise. Before the request is approved and an RMA Number (Return Merchandise Authorization) is issued, an electrical defect report must be supplied to Essential IC documenting the exact cause of the problem. Once an RMA number is issued it will also have an RMA expiration date .  This number must be clearly marked on the outside of the package. All returned merchandise must be shipped freight prepaid, complete with all packaging material, accessories and documentation. Goods returned without an RMA Number on the outside of each package, not prepaid, and/or returned after the RMA expiration date will be refused.



ATTORNEY'S FEES

Essential IC has the right to collect from purchasers all reasonable costs and expenses incurred in collection of any sums owing by Customer and we shall not be obligated to make any further deliveries to Customer. Such reasonable costs and expenses shall include, but not be limited to, reasonable attorney's fees.



CLAIMS

All claims for shortages of products must be made in writing within FIVE (5) DAYS AFTER RECEIPT OF SHIPMENT and claims for defective or non-conforming product must be made within THIRTY (30) DAYS AFTER RECEIPT OF SHIPMENT. Any claims not made within that period shall be deemed waived and released. Our sole responsibility with respect to such claims shall be, at our option, to repair or replace any product or component which we determine to be defective. In no event shall we be liable for any incidental or consequential damages due to any cause whatsoever. No suit or action shall be brought against us more than four months after the related cause of action has occurred.



DISPUTES

All disputes under any contract concerning the goods not otherwise resolved between Essential IC and Buyer shall be resolved in a court of competent jurisdiction for the location of Essential IC’ place of business. In addition at Essential IC sole discretion, such action may be heard in some place designated by Essential IC (if necessary to acquire jurisdiction over third persons) so that the dispute can be resolved in one action. Buyer agrees to appear in any such action and hereby consents to the jurisdiction of such court. No action, regardless of form, arising out of, or in anyway way connected with goods furnished or services rendered by Essential IC may be brought by Buyer more than six months after the date of sale.



SECURITY INTEREST

Essential IC retains and Buyer hereby grants a security interest in the goods, including all accessions to and replacements of them until Buyer has made payment in full. Buyer shall cooperate fully with Essential IC in executing such documents, including a Uniform Commercial Code financing statement, and accomplishing such filing and/or recordings thereof that Essential IC may deem necessary for the protection of such security interest. Buyer has not executed and will not execute any security agreement of financing statement covering any of the goods described herein except to Essential IC, and will keep the goods free from all liens, claims, security interests and encumbrances of any kind or nature except the security interest of Essential IC and such security interest that Essential IC may first consent in writing.



RMA POLICY

Buyer may return to Seller any goods that are damaged or defective solely by obtaining a Return Material Authorization (RMA) from Seller within 30 days of receipt of the goods. Buyer must return to Seller the damaged or defective goods within the period set forth in the RMA, 15 days unless otherwise specified in writing. The RMA number must be listed on all packaging containing goods returned to the Seller. If Buyer does not request from Seller an RMA within 30 days of receiving the goods to be returned, or requests an RMA for goods that are not damaged or defective, Seller may, at its sole discretion, refuse to issue an RMA for return of the goods or may require that Buyer pay to Seller a reasonable restocking fee as a condition of issuing to Buyer the RMA.

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Last Modified on: 04/25/2003
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