MAXIM INTEGRATED PRODUCTS, INC t

MAXIM INTEGRATED PRODUCTS, INC t
MAXIM INTEGRATED PRODUCTS, INC
GENERAL TERMS AND CONDITIONS OF SALE FOR STANDARD PRODUCT
[ also available at http://www.maximintegrated.com/legal/terms/terms-conditions-ofsale.pdf ]
A. The term "Seller" means Maxim Integrated Products, Inc., and/or its present and future subsidiaries. The term "Buyer" means the third party placing the
purchase order.
B. No contractual relationship between Seller and Buyer will arise until such time as Buyer has placed an order which has been accepted by Seller.
C. Stenographic and clerical errors are subject to correction.
D. Subject to the provisions hereof, all quotes submitted are firm for 30 days from the date of the quotation unless indicated differently on the face of the quotation or
withdrawn earlier by written notice. Alterations or changes of quotations after 30 days may be made at the discretion of Seller without notice.
E. Orders are subject to all of Seller's Standard Terms and Conditions printed below.
1. SCOPE. The terms and conditions of sale contained herein, and as amended by
Seller from time to time, apply to Seller's quotations and purchase orders placed by
Buyer on Seller. These terms and conditions may in some instances conflict with some
of the terms and conditions on Buyer's form of purchase order or otherwise specified by
the Buyer or these terms and conditions may cover matters not addressed in Buyer’s
documentation. Therefore, acceptance of the Buyer's order is made only on the express
understanding and condition that insofar as the terms and conditions of this acceptance
conflict with any terms and conditions of the Buyer's order or cover matters not
addressed in Buyer’s documentation, Seller’s terms and conditions govern, irrespective
of whether the Buyer accepts these conditions by a written acknowledgment, by
implication, or by acceptance and payment for goods ordered. Seller's failure to object
to provisions contained in any communication from Buyer will not be deemed a waiver
of the provisions of this acceptance. Any changes from the terms and conditions of sale
contained herein must be specifically agreed to in writing by an authorized officer of
Seller before becoming binding on the Seller. All orders or contracts must be approved
and accepted by the Seller at its head office at 160 Rio Robles, San Jose, California
95134. From time to time, Seller may accept certain of Buyer’s terms and conditions
of sale by signing Buyer’s proposed sale agreement. If such acceptance is preceded or
accompanied by Seller’s interpretation of Buyer’s terms and conditions, such
interpretation shall control the construction or interpretation of the meaning of Buyer’s
terms and conditions.
2. PRICES. Irrespective of any prices quoted by Seller or listed on Buyer's order, an
order is accepted only at the prices shown on Seller's acknowledgment.
Prices listed on Seller's acknowledgment are firm and not subject to audit or price
redetermination or renegotiation, except that at Seller's sole discretion any and all prices
are subject to adjustment either directly or by the addition of a precious metals
surcharge in order to cover the cost of precious metals utilized by Seller in supplying
goods.
If Buyer fails to take delivery hereunder of the quantity of goods upon which a quantity
discount price, if any, is based, Buyer will be back-billed an amount based upon the
quantity actually delivered hereunder and upon the quantity pricing schedule in effect at
the time the order was placed. Such charges shall be in addition to any cancellation
charges.
Prices apply only if the quantity ordered hereunder is released within 12 months and
shipments scheduled no more than 12 months from the date Seller received Buyer's
order. Otherwise, Seller's standard prices in effect on the date of receipt by Buyer of
the quantity actually shipped apply, and Buyer shall pay the difference in price, if any.
3. TERMS AND METHOD OF PAYMENT. Unless expressly specified otherwise
on the Seller's sales confirmation, where Seller has extended credit to Buyer, terms of
payment shall be net 30 days from the date of Seller's invoice. All payments shall be in
U.S. Dollars unless otherwise agreed in writing. Buyer will be charged 1.5% per month
(but not more than is permitted under applicable law) on overdue accounts. If Buyer
fails to make payment for goods delivered as herein provided, or if, in Seller's opinion, a
change in Buyer's financial condition or other circumstances has created reasonable
concerns as to Buyer’s credit worthiness, Seller may at any time limit or cancel the
credit of Buyer as to time and amount and may demand payment in cash before delivery
of any part of the goods. On any order on which credit is not extended by Seller,
shipment or delivery shall be made at Seller's election. Payment must be made for the
goods without regard to whether Buyer has made or will make any inspection of the
goods.
4. INSPECTION. Buyer shall notify Seller upon receipt of goods of all discoverable
defects, including quantity shortages, incorrect product, and visible defects, but no later
than 30 days of receipt. No return of goods will be accepted by Seller without a Return
Material Authorization (“RMA”) Number and returned goods must be in original
manufacturer’s shipping cartons complete with all packing materials. In the event that
Buyer does not either complete final inspection and accept the goods or present a
rejection notice to Seller in writing within 30 days of delivery, the goods shall be
conclusively deemed accepted. At that time, Buyer’s only recourse or remedy for nonconforming or defective goods shall be Seller’s standard warranty. Buyer's inspection
and/or acceptance tests shall not exceed the inspection and/or test procedures
customary in the industry for the goods furnished and is at Buyer's expense
5. SELLER WARRANTY. Seller warrants to Buyer that goods sold hereunder that
are standard products of Seller will conform to the applicable Seller Specifications and
be free from defects caused by defective material and faulty workmanship for a period
Form Rev. 09 092310
of one (1) year from date of shipment to Buyer. For goods that are not standard products
of Seller, such as dice and developmental or custom-designed goods, Seller warrants to
Buyer that such goods delivered hereunder will conform to the applicable published
Maxim datasheet specification and be free of defects in material and faulty
workmanship upon receipt by Buyer. “Specification” as used herein shall mean the
guaranteed minimum and maximum levels set forth in Seller’s published datasheets in
effect at time of sale. Seller further warrants that at time of delivery, Seller has free
and clear title to the goods without liens and encumbrances.
SELLER M AKES NO WARRANTY OR GUARANTEE WHATSOEVER WI TH
RESP ECT TO SALES OR ORDERS F OR NONSTANDARD, SUB-GRADE
GOODS OR P URCHASES THROUGH UNAUTHORI ZED SALES CHANNELS.
GOODS SOLD UNDER SUCH SALES OR ORDERS ARE F URNI SHED “ AS I S”
AND “WI TH ALL FAULTS.”
Seller’s sole and maximum liability for breach of its warranties herein is limited to the
obligation, at Seller’s sole discretion to rescreen, reprocess or provide replacement
goods, or credit Buyer's account, any goods delivered hereunder which either become
defective or fail to meet the applicable specifications during the warranty period and
which are found by Seller to be defective under the terms of this warranty, provided that
(a) Seller is notified in writing by Buyer within 30 days after discovery of defects or
failure to meet Specifications; (b) Buyer obtains a Return Material Authorization
Number from Seller prior to returning any defective goods to Seller; (c) the defective
goods are returned to Seller, transportation charges prepaid by Buyer (provided,
however, that if upon examination by Seller, it determines that the goods are entitled to
this warranty, then Seller shall be responsible for all transportation charges to and from
Seller's facility); (d) the defective goods are received by Seller for adjustment no later
than four (4) weeks following the last day of the warranty period; and (e) Seller's
examination of such goods shall disclose that such defects or failures have not been
caused by misuse, abuse, neglect, improper installation or application, repair, alteration,
damage by rain, fire or casualty or by accident or negligence in use, storage,
transportation or handling. In addition, Seller shall have no liability to Buyer to the
extent such failure is caused by noncompatibility with other components used by
Buyer. In the event that any one or more of the foregoing conditions is not satisfied,
Seller shall have no liability under this warranty whatsoever. Buyer has an obligation to
mitigate any damages related to integration of defective or non-conforming Parts. If
Buyer has knowledge that such goods are defective or non-conforming or Seller has
advised Buyer that goods are defective or non-conforming and in either event Buyer
integrates such defective goods, Seller shall have no liability to Buyer for any damages
incurred by Buyer as a result. In the event that the foregoing exclusive remedy under
this warranty is determined upon judicial review to have failed in its essential purpose
through no fault of Buyer, the alternate exclusive remedy shall be the refund of the
purchase price of the non-conforming or defective goods. Any repairs to or alterations
on the goods shipped hereunder must be authorized in writing by Seller to prevent
voiding Seller's warranty.
Seller’s goods may be prohibited for shipment to certain countries, entities or individuals
under U.S. export regulations. Seller is not liable to Buyer for any delays or failure to
obtain the necessary export license.
SELLER’S
OBLIGATION TO HONOR THESE WARRANTIES
IS
CONTINGENT UPON SELLER’S RECEIPT OF PAYMENT IN FULL FOR
THE GOODS ENTITLED TO THIS WARRANTY. SELLER DISCLAIMS ALL
OTHER
WARRANTIES,
EXPRESS,
IMPLIED,
OR
STATUTORY,
INCLUDING, WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF
MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
SELLER HAS
NOT
AUTHORIZED
ANYONE
TO
MAKE ANY
REPRESENTATION OR WARRANTY OTHER THAN AS PROVIDED ABOVE.
THE FOREGOING STATES THE ENTIRE WARRANTY LIABILITY OF
SELLER.
6. BUYER WARRANTY. Acceptance of goods is a warranty by Buyer that Buyer is
solvent as of the date of shipment. With respect to goods delivered hereunder, Buyer
agrees to accept responsibility for (i) their selection to achieve Buyer's intended results,
(ii) their use, (iii) the results obtained therefrom and (iv) the selection of, use of and
results obtained from any equipment, programs or services not provided by Seller and
used in connection with goods delivered hereunder. Buyer further warrants that it is
buying for its own internal use and not for resale, unless otherwise agreed between
Buyer and Seller under separate written agreement.
Page 1 of 3
MAXIM INTEGRATED PRODUCTS, INC
GENERAL TERMS AND CONDITIONS OF SALE FOR STANDARD PRODUCT
[also available at http://www.maximintegrated.com/legal/terms/terms-conditions-ofsale.pdf ]
and Buyer shall be responsible for all shipping charges, including freight, insurance,
7. INFRINGEMENT. With respect to goods manufactured solely to Seller's designs
and specifications, Seller shall defend any suit or proceeding brought against Buyer
insofar as such suit or proceeding is based on a claim that any such goods furnished
hereunder infringe any patent(s), copyright(s) or trademark(s), or for misappropriation
or use of any trade secret(s), or for unfair competition, if Seller is notified promptly in
writing of such suit or proceeding and is given full and complete authority, information
and assistance by Buyer for such defense. Seller shall pay all damages and costs finally
awarded against Buyer in any such suit or proceeding, but Seller shall not be
responsible for any compromise thereof made by Buyer without the written consent of
Seller. If infringement is alleged prior to the completion of delivery of the goods, Seller
may decline to make further shipments without being in breach of any agreement. In the
event that such goods are held in such suit or proceeding to be infringing and their use
is enjoined, or if in the opinion of Seller such goods are likely to become the subject of
a claim of infringement, Seller at its sole discretion and at its own expense, may either
(a) procure for Buyer the right to continue using such goods; (b) modify such goods so
that they become non-infringing; (c) replace such goods with non-infringing goods; or
(d) accept the return of such goods, granting Buyer a refund or credit equal to the
depreciated value. Seller’s obligations hereunder shall not apply to any alleged
infringement occurring after Buyer has received notice of such alleged infringement
unless Seller thereafter gives to Buyer written consent for such continuing alleged
infringement.
Any provision herein to the contrary notwithstanding, Seller shall have no obligation to
Buyer (to defend or make any payment to or for Buyer) for any infringement,
misappropriation or misuse claimed by any third party or parties if any such claim
arises, in whole or in part, (a) as a result of a modification of the goods not introduced
or approved by Seller; or (b) as a result of the interconnection or use of the goods in
combination with goods or other devices or with a manufacturing or other process; or
(c) the use of the goods in other than an application recommended by Seller or (d)
compliance with Buyer’s design, specifications and/or instructions. If Buyer alleges
intellectual property infringement against a third party pursuant to Buyer's intellectual
property portfolio and as a result the alleged infringer crossclaims against Buyer
alleging among other things infringement by goods manufactured by Seller, Seller’s
liability for the resulting attorney fees and costs will be proportional to the extent to
which Seller’s goods, as opposed to third party goods, are found to have infringed third
party intellectual property rights
With respect to goods manufactured to Buyer's designs or specifications, Buyer shall
defend any suit or proceeding brought against Seller, either severally or jointly with
Buyer, insofar as such suit or proceeding is based on a claim, that any such goods
furnished hereunder infringe (either direct or contributory) any patent(s), copyright(s),
or trademark(s), or for misappropriation or use of any trade secret(s) or for unfair
competition, arising from (i) compliance with Buyer's designs, specifications, or
instructions; (ii) the use of any item or any part thereof, furnished hereunder, in
combination with goods not supplied by Seller, or (iii) in connection with a
manufacturing or other process utilizing any item, or part thereof, furnished hereunder.
Seller shall notify Buyer promptly in writing of such suit or proceeding and give Buyer
full and complete authority, information and assistance for such defense. Buyer shall
pay all damages and costs finally awarded against Seller in any such suit or proceeding,
but Buyer shall not be responsible for any compromise thereof made by Seller without
the written consent of Buyer.
THE FOREGOING STATES THE SOLE AND EXCLUSIVE LIABILITY OF
THE PARTIES HERETO FOR INFRINGEMENT AND IS IN LIEU OF ALL
WARRANTIES, EXPRESS, IMPLIED OR STATUTORY WITH RESPECT
THERETO.
8. NO LICENSE. Goods or any parts thereof sold hereunder may be protected by
intellectual property rights of Seller, including, but not limited to, rights under issued
and pending patents, mask work rights, copyright rights, trademark rights and trade
secret rights. Neither the sale of goods or any parts thereof hereunder nor the provision
by Seller of any supporting or related documentation, technical information or advice
shall confer on Buyer any license, express or implied, under any intellectual property
rights of Seller covering or related to (i) apparatus or circuits in which the goods or
parts thereof may be used; (ii) a process, machine, use or application in connection with
which the goods or parts hereof may be used; (iii) the process of their manufacturer; or
(iv) a combination in which the goods or parts hereof may be used.
9. TAXES. Any tax or government charge by any federal, state or municipal
government applicable to the goods sold hereunder now imposed or hereafter becoming
effective during the term of any contract made hereunder, except for Seller’s franchise
taxes and taxes on Seller’s net income, shall be added by Seller to the sales price where
Seller has the legal obligation to collect or pay same, and shall be paid by Buyer unless
Buyer provides Seller with a proper tax-exemption certificate. Buyer shall pay any
duties, levies, taxes, brokerage fees or customs fees imposed in the Buyer's country to
shipments made under this contract.
10. TITLE AND DELIVERY.
A. For shipments outside of the United States, Seller shall make the goods available at
its shipping dock for pickup by Buyer or Buyer’s designee, unless otherwise agreed,
Form Rev. 09 092310
taxes, import duties and any other related charges. In instances where the parties
determine that Seller shall select the method of transportation and the carrier,
unless otherwise stipulated by Seller in the applicable sales order
acknowledgement or other shipping documentation, (i) Seller shall pay for the
freight charges to bring the goods to the named destination; provided that Buyer
shall reimburse Seller for all (or a portion of) such costs as set forth in the
applicable invoice issued by Seller to Buyer, (ii) Buyer shall pay for all insurance,
taxes, import duties and any other related charges, and (iii) Buyer shall be
responsible for carrying out all customs formalities to import the goods, including
acting as importer of record and paying any applicable costs and expenses incurred
in connection therewith. In any event, title and risk of loss transfer to Buyer when
Seller tenders the goods to a common carrier at the Seller designated location for
shipment to Buyer.
B. For shipments to the United States, Seller shall make the goods available at its
shipping dock for pickup by Buyer or Buyer’s designee and, unless otherwise stipulated
by Seller in the applicable sales order acknowledgement or other shipping
documentation, (i) Buyer shall select the method of transportation and the carrier,
and (ii) Buyer shall be responsible for all shipping charges, including freight,
insurance, taxes, import duties and any other related charges. Title and risk of loss
transfer to Buyer when Seller tenders the goods to a common carrier at the Seller
designated location for shipment to Buyer.
11. SOFTWARE. Software” as used herein means goods that are software, including,
without limitation, software embedded in Seller goods, stand alone software and
downloadable software. Customer acknowledges that such software is proprietary,
copyrighted and may be protected by patents. All Software is licensed to Buyer, subject
to a license agreement, and title to Software remains with the applicable licensor(s).
Buyer agrees to be bound by such license agreement in addition to these terms and
conditions of sale. Buyer shall not duplicate, disassemble, decompile, reverse engineer,
modify, create derivative works, or othewise change Software or its form except to the
extent it is permitted by law. Software incorporated in or packaged with Seller
hardware goods shall be used solely by Buyer for the use of the hardware goods as
authorized by Seller, and Buyer shall have no other rights with respect to such
Software.
12. DELIVERY SCHEDULE. Buyer understands that any delivery schedule set forth
herein or in any subsequent order or release is estimated only and is presented in good
faith by Seller. Seller will use commercially reasonable efforts to initiate shipment and
schedule delivery as close as possible to Buyer’s requested delivery schedule but shall
not be liable to Buyer for failure to meet any delivery schedule or for the costs or
procurement of substitute goods. Seller reserves the right to make deliveries in
installments. Delivery of a quantity that varies from the quantity specified in Buyer’s
order shall not relieve Buyer of its obligation to accept delivery and pay for the goods
ordered. Delays or changes in schedules due to Buyer directed actions are subject to
price adjustments.
Seller reserves the right to allocate production and deliveries among its various
customers under any circumstances.
Buyer will be deemed to have waived any and all claims for shipments containing less
than the number of goods indicated on the shipping documents unless written notice of
such claims is received by Seller within 30 days after receipt of shipment.
13. CANCELLATIONS. No cancellations or reschedules will be accepted within 30
days of the earliest requested ship date. All cancellations and reschedules of orders by
the Buyer between 31 and 89 days prior to the earliest requested ship date shall result in
a charge to Buyer to be reasonably determined by the Seller based on such factors as
whether the product was manufactured specifically for Buyer, Seller's ability to change
its production schedule within the period of the notice provided by Buyer, whether
Seller acquired or allocated particular supplies or equipment to meet Buyer's order, etc.
14. NON-WAIVER DEFAULT. Each shipment made under any order will be treated
as a separate sale and transaction, but in the event of any default by Buyer, if Seller
elects to continue to make shipment, its action will not constitute a waiver of any
default by Buyer or in any way affect Seller's legal remedies for any such default.
15. FORCE MAJEURE. Seller shall not be liable for delay in performance or failure
to perform in whole or in part the terms of this Agreement due to causes beyond the
reasonable control of Seller, including, without limitation, strike, labor disputes,
shortages of material, war, riot or civil commotion, acts of the public enemy,
insurrection, sabotage, or fire, flood or other acts of God. The period for performance
for the party affected by such a cause shall be extended by the duration of the condition,
provided, however, if any such delay shall continue for more than 120 days from the
start of the cause of delay, the quantities undelivered during such period of delay or to
be delivered, may be canceled at Seller's election without liability of Seller to Buyer by
written notice to Buyer at any time.
Page 2 of 3
MAXIM INTEGRATED PRODUCTS, INC
GENERAL TERMS AND CONDITIONS OF SALE FOR STANDARD PRODUCT
[also available at http://www.maximintegrated.com/legal/terms/terms-conditions-ofsale.pdf ]
16. ASSIGNS. Any contract made hereunder is binding upon and inure to the benefit
of the successors and assigns of the entire business and good will of either Seller or
Buyer, or of that part of the business of either used in the performance of such contract
but is not otherwise assignable. Seller may subcontract any part of the work or services
to be provided hereunder as Seller deems necessary. Buyer affirms that there exists no
third party beneficiaries to Buyer's rights hereunder unless Buyer specifically identifies
such beneficiary on the face of Buyer's order or Buyer's acceptance of Seller's quotation.
17. MODIFICATION OF STANDARD TERMS AND CONDITIONS. No addition
to or modification of any of the provisions herein or upon the face or reverse of any
order shall be binding upon Seller unless made in writing and signed by a duly
authorized representative of Seller located in San Jose, California, U.S.A.
18. LAW. This Agreement is governed by and construed under the laws of the State of
California and the United States without regard to conflicts of laws provisions thereof
or the United Nations Convention on Contracts for the International Sale of Goods.
The sole jurisdiction and venue for actions related to the subject matter hereof is the
state and U.S. federal courts in the State of California, located in Santa Clara County,
California, U.S.A.
19. EXPORT CONTROL. Buyer acknowledges that Seller will provide Buyer with
technical data/technology, services, and/or, products, in finished or unfinished state
that may be subject to U.S. export controls under the laws and regulations of the
United States (collectively “Export Controlled Technology”). U.S. export control laws
and regulations include, but are not limited to, the International Traffic in Arms
Regulations (“ITAR”), 22 C.F.R. §§ 120 et seq., and/or the Export Administration
Regulations, 15 C.F.R. §§ 730 et seq. Buyer warrants and agrees that it shall not
export or reexport any Export Controlled Technology or any technical data/technology
or product derived from the Export Controlled Technology, except pursuant to a U.S.
government license or other approval, or upon determination that such export may be
lawfully exported without prior approval under a license exception, exemption, or
other authority. Buyer acknowledges and understands that Seller may need to apply for
export licenses in order to ship Export Controlled Technology to Buyer. Buyer agrees
to provide such information, assurances, documentation or take such other steps as
necessary to assist Seller in obtaining any export licenses, including, but not limited to,
execution of end-user certifications, document marking, and supplemental agreements
with respect to control and handling of Export Controlled Technology. In compliance
with U.S. regulations regarding Technology and Software under Restriction (“TSR”),
Buyer hereby agrees that, without express approval of Seller (pursuant to issuance of
an export license from the Bureau of Industry and Security), Buyer will not reexport or
release any technology, direct product of the technology, software, or source code
related to the technology provided by Seller to Buyer to a national of a country
specified in Country Groups D:1 or E:2 as set forth in 15 C.F.R. Part 740, Supplement
No. 1 and as amended. Seller shall have no responsibility for delayed delivery or nondelivery resulting from (i) any governmental action under U.S. or other applicable law
suspending or revoking a necessary export license or authorization, or (ii) any failure
by Buyer to furnish reasonable assurance, upon request, of its compliance with
applicable export requirements, or (iii) obtaining a necessary export license for the
goods to be shipped hereunder.
20.
USE OF SELLER’S GOODS IN LIFE SUPPORT, NUCLEAR AND
CERTAIN OTHER APPLICATIONS. Goods sold by Seller are not designed,
intended or authorized for use in life support, life sustaining, nuclear, or other
applications, including, but not limited to, transportation operating systems, in which
the failure of such goods could reasonably be expected to result in personal injury, loss
of life or severe property or environmental damage. Buyer acknowledges that use of
Seller’s goods in such product applications is understood to be fully at the risk of Buyer
and that Buyer is responsible for verification and validation of the suitability of Seller’s
goods in such application. Buyer agrees that Seller is not liable, in whole or in part, for
any claim or damage arising from use in such applications. Buyer agrees to indemnify,
defend and hold Seller harmless from and against any and all claims, damages losses,
costs, expenses and liabilities arising out of or in connection with such use.
21.
LIMITATION OF LIABILITY. THE ESSENTIAL PURPOSE OF THIS
PROVISION IS TO LIMIT SELLER’S LIABILITY HEREUNDER.
EXCEPT FOR BODILY INJURY OR DEATH OF A PERSON, UNDER NO
CIRCUMSTANCES WILL SELLER, ITS EMPLOYEES, OFFICERS OR
DIRECTORS, AGENTS, SUCCESSORS OR ASSIGNS BE LIABLE TO
ANYONE UNDER ANY PRODUCT ORDER, SCHEDULE OR TERMS AND
CONDITIONS HEREIN UNDER ANY CONTRACT, STRICT LIABILITY,
TORT (INCLUDING NEGLIGENCE) OR OTHER LEGAL OR EQUITABLE
THEORY, WHETHER OR NOT FORESEEABLE OR FORESEEN, FOR: (A)
BUSINESS INTERRUPTION COSTS, COST OF REWORK, RETESTING,
PROCUREMENT
OF
SUBSTITUTE
GOODS,
REMOVAL
AND
REINSTALLATION OF GOODS; OR (B) ANY SPECIAL, INCIDENTAL,
EXEMPLARY, INDIRECT OR CONSEQUENTIAL DAMAGES, INCLUDING
WITHOUT LIMITATION LOST PROFITS, LITIGATION COSTS, LOSS OF
DATA, PRODUCTION OR PROFIT, GOODWILL, LOSS OF REVENUE, OR
LOSS OF UNITS; REGARDLESS OF WHETHER SELLER HAS BEEN
Form Rev. 09 092310
ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, THERE IS A TOTAL
AND FUNDAMENTAL BREACH OF THIS AGREEMENT OR WHETHER
ANY REMEDY PROVIDED HEREIN FAILS OF ITS ESSENTIAL PURPOSE.
THE LIMIT OF LIABILITY FOR ANY CLAIMS SHALL NOT EXCEED THE
AMOUNT PAID OR PREPAID ON ACCOUNT BY BUYER FOR THE GOODS
GIVING RISE TO SUCH CLAIMS.
BUYER SHALL BE DEEMED TO
ASSUME ALL LIABILITY FOR ANY AND ALL DAMAGES ARISING FROM
OR IN CONNECTION WITH THE USE OR MISUSE OF THE GOODS BY
BUYER, ITS EMPLOYEES, CUSTOMERS AND OTHERS.
SELLER SHALL NOT BE LIABLE FOR AND BUYER AGREES TO
INDEMNIFY, DEFEND AND HOLD SELLER HARMLESS FROM ANY
CLAIMS BASED ON SELLER’S COMPLIANCE WITH BUYER’S DESIGNS,
SPECIFICATIONS OR INSTRUCTIONS, OR MODIFICATION OF ANY
GOODS BY PARTIES OTHER THAN SELLER, OR USE IN COMBINATION
WITH OTHER PRODUCTS.
22. RELATIONSHIP OF PARTIES. Seller and Buyer expressly understand and
agree that Buyer is an independent contractor in the performance of each and every part
of this order, is solely responsible for all of its employees, agents and will indemnify
Seller from any and all claims, liabilities, damages, debts, settlements, costs, attorneys'
fees, expenses and liabilities of any type whatsoever that may arise on account of
Buyer's activities or those of its employees or agents (including, without limitation,
direct and indirect distributors or subdistributors), including without limitation
unauthorized representations or warranties (or failing to effectively disclaim all
warranties and liabilities on behalf of Seller to the same extent as disclaimed herein) to
its customers.
23. BASIS OF BARGAIN. EACH PARTY RECOGNIZES AND AGREES THAT
THE WARRANTY DISCLAIMERS
AND LIABILITY AND REMEDY
LIMITATIONS HEREIN ARE MATERIAL, BARGAINED FOR BASES OF ANY
ORDER OR CONTRACT AND THAT THEY HAVE BEEN TAKEN INTO
ACCOUNT AND REFLECTED IN DETERMINING THE CONSIDERATION TO BE
GIVEN BY EACH PARTY UNDER ANY ORDER OR CONTRACT AND IN THE
DECISION BY EACH PARTY TO ENTER INTO SUCH ORDER OR CONTRACT.
24. PACKAGING. Packaging for commercial shipment is included in the quoted
price. When special or export packaging is specified involving a greater expense than
the cost of commercial shipment included in the quoted price, a charge will be made to
cover such extra expense. Reasonable care is exercised in packaging goods for
shipment and no responsibility is assumed by Seller for delay, breakage, or damage
after having made delivery to the carrier. All claims for breakage or damage must be
made to the carrier, however, Seller will render reasonable assistance in securing
satisfactory adjustment of such claims.
25. CHANGES TO SPECIFICATIONS. Seller reserves the right to change the
specifications of any goods (including all statements and data appearing in Seller's
catalogs, data sheets and advertisements) without notice.
If such changes to
specifications are made, Seller assumes no obligation to provide the change on goods
previously purchased or to continue to supply discounted goods. Seller may substitute
goods manufactured to such modified specifications for those specified herein provided
such goods substantially conform to the order or contract.
26.
PROPRIETARY DATA.
Buyer agrees not to use or disclose drawings,
specifications, technical information or other data furnished by Seller and identified by
Seller as confidential or proprietary data without the prior written consent of Seller.
Buyer agrees and acknowledges that any improvement or modification to such
confidential or proprietary data shall be the sole property of Seller, regardless of
whether any such improvement or modification was the creation of Buyer. Buyer
further agrees to use all appropriate copyright and proprietary notices on all goods
delivered hereunder regardless of their intended use.
Buyer recognizes that such
proprietary data is unique and consents to the remedy of injunction in addition to
damages for violation of the terms of this provision.
27. TOOLING. Unless otherwise expressly agreed in writing, Seller retains rights and
title to and possession of any tooling, drawings, mask sets, tapes, fixtures, original
documentation and intellectual property used in the furnishing of goods.
28. GENERAL. In the event of the appointment of a trustee, receiver, or liquidator for
all or a portion of Buyer's property, Buyer's insolvency, or any voluntary or involuntary
petition in bankruptcy by or against Buyer, Seller may terminate any order without
further obligation or liability of Seller to Buyer.
In the event any one or more of the provisions contained herein shall for any reason be
held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality or
unenforceability shall not affect any other provision hereof, and this contract shall be
construed as if such invalid, illegal, or unenforceable provision had never been
contained herein.
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