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Standard Sale Terms & Conditions

SEPRO MINERAL SYSTEMS CORP.
Standard Terms & Conditions of Sale
NOTICE: Sale of any Products or Services is expressly conditioned on Buyer’s assent to these Terms and Conditions. Any acceptance of Seller’s offer is expressly limited to acceptance of these Terms and Conditions and Seller expressly objects to any additional or different terms proposed by Buyer. No Buyer form shall modify these Terms and Conditions, nor shall any course of performance, course of dealing, or usage of trade operate as a modification or waiver of these Terms and Conditions. Any order to purchase products or receive services shall constitute Buyer’s assent to these Terms and Conditions. Unless otherwise specified in the quotation, Seller’s quotation shall expire thirty (30) days from its date and may be modified or withdrawn by Seller before receipt of Buyer’s conforming acceptance.
1. DEFINITIONS:
“Buyer” means the company, partnership, person or entity purchasing the Products and/or Services from the Seller identified in the Purchase Documents;
“Products” means the equipment parts and materials being purchased by the Buyer as more particularly identified in the Purchase Documents;
“Purchase Documents” means the documents accompanying these Terms and Conditions which more fully describe the Products and/or Services, including, as applicable, the Buyer’s request for quotation, purchase orders, and the Seller’s quotation;
“Seller” means Sepro Mineral Systems Corp. and any division, affiliate or related company identified in the Purchase Documents.
“Services” means the services of any description or kind to be provided by the Seller in relation to the Products as more particularly identified in the Purchase Documents;
“Terms and Conditions” means these general terms and conditions.
2. APPLICATION:
These Terms and Conditions apply to every sale of Products and every supply of Services by the Seller to the Buyer. The Buyer specifically agrees and acknowledges that, unless the Seller agrees in writing to a modification of these Terms and Conditions, these Terms and Conditions apply and supersede any of the Buyer’s standard terms and conditions whether set out in the Purchase Documents or otherwise.
3. PRICES:
Unless otherwise specified by the Seller, the Seller’s price for the sale of the Products will remain in effect for thirty (30) days from the date of the Seller’s quotation. Unless otherwise specified, the Services provided by the Seller will be charged at the prices quoted in the Seller’s quotation, if accepted within thirty (30) days from the date of the quotation, otherwise the prices charged will be at the rates set out in the Seller’s published rate schedule in effect at the time the Services are actually rendered. The Seller’s prices do not include
Sepro Mineral Systems Corp. Standard Terms and Conditions of Sale – January 2022
applicable taxes which will be added to the price quoted and appear as a separate line item on the Seller’s invoice. Prices for Products do not cover storing, installing, starting up or maintaining Products unless expressly stated in the Seller’s quotation.
4. TERMS OF PAYMENT:
The Buyer shall pay the Seller the price of the Products and/or Services provided based on the Buyers set terms specified on the sales order confirmation. In the event that the Seller and the Buyer have agreed to terms or a milestone payment schedule, the payment specified in the milestone payment schedule shall be paid on the dates that each milestone is achieved. The Seller may charge interest on overdue payments, commencing on the day on which the amount became payable, calculated at the rate of 1.5% per month compounded monthly (19.5618%) per annum.
5. DELIVERY AND TRANSFER OF TITLE AND RISK:
All shipping dates for the Products and performance dates for the Services to be provided by the Seller are approximate only and are based on the Seller having received from the Buyer all information required by the Seller to provide the Products and/or Services. The Buyer agrees to accept shipment when Products are ready to ship or storage charges may apply. All Products shall be delivered to the Buyer at the location indicated in the Purchase Documents or, if no location is indicated, EX WORKS at the point of the manufacture of the Products. Transfer of risk of loss or damage to the Products shall be governed by the applicable Incoterm agreed to by the parties for the delivery of the Products and, if no Incoterm is specified, all risk of loss or damage to the Products while in transit shall be borne by the Buyer. Title to the Products shall pass to the Buyer on the Buyer making payment in full for the Products or on the Products being delivered to the Buyer, whichever occurs later.
6. DOCUMENTATION:
The Seller shall supply the Buyer with the documentation specified in the Seller’s quotation. Any additional copies of the documentation or the supply of documentation on alternative media will be provided by the Seller to the Buyer at the Seller’s price then in effect.
7. CONFIDENTIALITY:
Each party agrees to hold Confidential Information of the other party in confidence and to use Confidential Information solely related to the supply of the Products or performance of the Services in accordance with the Purchase Documents. The term “Confidential Information” shall include all technical, business, pricing, financial and other information of a confidential nature of, or related to, one party that is disclosed or made available to, or accessed by, the other party or its representatives, directly or indirectly, through any means of communication.
8. INSTALLATION:
The Buyer shall be responsible for transporting, receiving, storing, installing, starting up and maintaining all Products. If requested, the Seller may, at its option, provide Services to assist the Buyer in the installation of the Products at a price to be agreed to between the Buyer and the Seller or at the rates set out in the Seller’s published rate schedule in effect at the time the Services are actually rendered.
Sepro Mineral Systems Corp. Standard Terms and Conditions of Sale – January 2022
9. EXCUSE OF PERFORMANCE:The Seller shall be excused from the performance of any term or condition of this sale of the Products or the provision of Services when and to the extent that the performance is delayed or prevented by any cause beyond its reasonable control, including, without limitation, acts of God, wars, riots, fire, labour unrest, inability to obtain materials or components, explosions, accidents, governmental requests, laws, regulations, orders, actions or interruption of computer or telecommunication systems. If such an event occurs, the shipping date and the price of the Products and/or Services to be provided by the Seller may be revised by agreement made between the Buyer and the Seller or the Seller may at its option cancel the sale of the Products or agreement to provide Services in which case the Buyer will pay the Seller any and all losses, damages, dismantling, restocking fees, and any other costs or expenses incurred by the Seller arising from such a termination. 10. TERMINATION:The Buyer may terminate its purchase of any and all of the Products and/or Services, subject to advance written notice to the Seller, provided that it pays the Seller for all Products shipped and Services performed up to the date of termination and any and all losses, dismantling, cancellation, restocking charges and any other costs or expenses arising from such termination. Noting that non-stocking/non-standard items are NCNR “Non-cancellable non-returnable.” The Seller shall have the right, in addition to any other remedy, to either terminate its agreement to sell the Products or provide the Services or suspend further deliveries of the Products or provision of the Services to the Buyer in the event the Buyer fails to make any payment required to be made to the Seller when due. 11. WARRANTY:Subject to Sections 12 and 13, the Seller warrants its Products and/or Services as follows:
(a)The Seller will, at its option, repair or replace any defects in materials or workmanship in any Productswhich appear within the first twelve (12) months following initial start-up, or 5000 operating hours, oreighteen (18) months from the date of shipment of such Products.(b)Products manufactured by any third party provided by the Seller to the Buyer shall be subject to themanufacturer’s standard warranty and, notwithstanding anything to the contrary, the Seller shall have noliability for correcting any defect in the materials and workmanship in such Products.(c)Any Services and consumables supplied by the Seller, including component integration, deviceconfiguration and the repair of Products are warranted against defects in workmanship for a period of theearlier of thirty (30) days from the date of the installation of the Products or completion of the Services, orninety (90) days from the date of shipment of the Products to the Buyer. Any interpretative services providedby the Seller are not warranted either as to the accuracy or correctness of any such interpretations or anyrecommendations made by the Seller based upon these interpretations.
12.WARRANTY LIMITATIONS AND EXCLUSIONS:
(a)The Seller does not warrant the performance of any Products and/or Services provided by it to the extentthat the actual operating or other conditions differ from the specifications, information, representation ofoperating conditions or other data supplied by the Buyer for the purpose of the selection or design of theProducts and/or Services;
Sepro Mineral Systems Corp. Standard Terms and Conditions of Sale – January 2022
(b)This limited warranty shall not apply to any repair or replacement of Products caused by abuse, accidentaldamage, misuse, improper installation, use of unauthorized parts, unsuitable power sources or environmentalconditions, improper application, corrosion or inadequate or improper preventative maintenance of theProducts;
(c)All costs of dismantling, reinstallation, freight, time and expenses of the Seller’s personnel andrepresentatives for site travel and diagnosis under this warranty clause shall be borne by the Buyer unlessaccepted in writing by the Seller;
(d)The warranties and remedies set forth in Section 11, Warranty, are exclusive. Seller’s liability for warrantyrelated claims shall be limited to the purchase price of the Products or Services triggering such claim.Notwithstanding anything to the contrary, there are no other representations, conditions or warranties of anykind, express or implied, either in fact or by operation of law, by statute or otherwise, as to merchantability,fitness for particular purpose, or any other matter with respect to the Products, Software or Services, and theSeller specifically disclaims any and all implied or statutory representations, warranties or conditions.
13.LIMITATION OF REMEDY AND LIABILITY:
The Seller shall not be liable for damages caused by delay in performance. The remedies of the Buyer set forth in these Terms and Conditions are exclusive. Notwithstanding anything to the contrary contained herein or in the Purchase Documents or any other related documents, regardless of the form of the claim or cause of action (whether based in contract, infringement, negligence, strict liability, other tort or otherwise), in no event shall the Seller’s liability (a) exceed the price to the Buyer of the specific Products and/or Services provided by the Seller giving rise to the claim or cause of action, or (b) extend to include indirect, special, incidental, punitive or consequential damages, including without limitation loss of anticipated profits, revenue or use and costs incurred (e.g. capital, fuel and power) or claims of third parties.
Transportation Costs: All shipping, duty or related costs associated with warranty claims to transport the parts to/from Sepro factory are the responsibility of the buyer.
14.EXPORTS/IMPORTS:
The Buyer acknowledges and warrants that it (a) will adhere to and comply with all applicable domestic and foreign export control laws, regulations orders and requirements (the “Export Control Laws”), and (b) will not, directly or indirectly through a third party, (i) ship the Products to Cuba, Burma, Iran, North Korea and Syria, or any other country subject to trade embargoes in violation of Export Control Laws, or (ii) apply, sell, export, re-export, divert or otherwise transfer the Products in support of a prohibited end-use. The Buyer acknowledges that the Seller will not proceed with a shipment when the Seller knows that the Products in that shipment are destined for a sanctioned country. The Buyer represents that neither the Buyer nor any person or entity known to the Buyer to be directly involved in this transaction as freight forwarder, customer, end-user, consultant, agent or otherwise is designated on any restricted parties lists of any country having jurisdiction over the Buyer or the transaction involving the Products.
15.RETURNED GOODS:
Except as otherwise provided with respect to warranty defects in Section 11, advance written permission to return Goods must be obtained from Seller’s Parts Department. Such Goods must be current, unused, catalogued Goods must be shipped; transportation prepaid, to Sepro Mineral Systems Corp. receiving
Sepro Mineral Systems Corp. Standard Terms and Conditions of Sale – January 2022
department at the address specified by the Seller. Returns made without proper written permission will not be accepted by the Seller. Credit or exchange for such returned Goods will be at the billing price or current price, whichever is lower, from which will be deducted an inspection and restocking charge of 35%. No returns of items older than 6 months will be accepted. Seller reserves the right to inspect Goods prior to authorizing return. 16. GENERAL PROVISIONS:
(a)The Buyer shall not assign its rights or obligations under these Terms and Conditions and the PurchaseDocuments without the Seller’s prior written consent;
(b)There are no understandings, agreements or representations, express or implied, not specified in theseTerms and Conditions and the Purchase Documents and these Terms and Conditions supersede any previousagreements related to the purchase of Products or Services.
(c)No action, regardless of form, arising out of transactions under these Terms and Conditions and thePurchase Documents, may be brought by either party more than two (2) years after the cause of action arose;
(d)If any of the provisions of these Terms and Conditions, or portions thereof, are found to be illegal orunenforceable they are to that extent only deemed to be omitted and the remaining provisions of these Termsand Conditions shall remain in full force and effect and may be enforced nonetheless to protect and reflect theoriginal intent of the parties hereunder;
(e)Any modification of these Terms and Conditions and the Purchase Documents must be set forth in awritten instrument signed by a duly authorized representative of the Seller;
(f)The Seller reserves the right to substitute equal or superior quality products to fulfil your Order. If thesubstitute is unacceptable to you, we will accept the return of the substitute within 30 days and refund to youany payment made for the same provided that the substitute Goods are returned unused, in their originalpackaging, in accordance with the collection arrangements notified to you in the delivery note or otherwise.
(g)These Terms and Conditions and the Purchase Documents do not create any partnership, agency or furtherrelationship between the parties hereto;
(h)These Terms and Conditions and the Purchase Documents are governed by, and are to be construed andinterpreted in accordance with, the laws of the Province of British Columbia and the laws of Canada applicablein that Province, and, in respect of any dispute arising in connection with the Purchase Documents, the partieshereto submit to the exclusive jurisdiction of the British Columbia courts.