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Equipment development company, inc, Page 8, Use only genuine edco parts & accessories – EDCO TG-7 User Manual

Page 8

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E-TMC7,EDG7,TG7-I-0710

Printed in USA
©2010

TVW

Page 8

100 Thomas Johnson Drive, Frederick, MD 21702-4600 USA

Phone (301) 663-1600 • 1-800-638-3326

Fax (301) 663-1607 • 1-800-447-3326

Website: www.edcoinc.com

Email: [email protected]

A Division of Equipment Development Company, Inc.

LIMITED EQUIPMENT WARRANTY OF SALE – TERMS & CONDITIONS

Equipment Development Company, Inc. herein referred to as EDCO (Seller) warrants that

each new unit manufactured by EDCO to be free from defects in material and workmanship in
normal use and service for a period of (1) one year (except for the cutter drum assembly on all
model concrete/asphalt planes, in which case the warranty period shall be 90 days) and (VAC
motors, in which case the warranty period shall be (2) two years) from date of shipment
to the original retail or equipment rental center owner.

Accessories or equipment furnished and installed on the product by EDCO but manufactured by others,

including, but not limited to engines, motors,electrical components, transmissions etc., shall carry the
accessory manufacturers own warranty.

EDCO will, at its option, repair or replace, at the EDCO factory or at a point designated by EDCO,

any part which shall appear to the satisfaction of EDCO inspection to have been defective in
material or workmanship.

EDCO reserves the right to modify, alter and improve any part or parts

without incurring any obligation to replace any part or parts previously sold without such modi-
fied, altered or improved part or parts.

This warranty is in lieu of and excludes all other warranties, expressed, implied, statutory, or

otherwise created under applicable law including, but not limited to the warranty of merchantability
and the warranty of fitness for a particular purpose in no event shall seller or the manufacturer of
the product be liable for special, incidental, or consequential damages, including loss of profits,
whether or not caused by or resulting from the negligence of seller and/or the manufacturer of
the product unless specifically provided herein. In addition, this warranty shall not apply to any
products or portions there of which have been subjected to abuse, misuse, improper installa-
tion, maintenance, or operation, electrical failure or abnormal conditions and to products which
have been tampered with, altered, modified, repaired, reworked by anyone not approved by
seller or used in any manner inconsistent with the provisions of the above or any instructions
or specifications provided with or for the product.

FORCE MAJEURE
Seller’s obligation hereunder are subject to, and Seller shall not be held responsible for, any

delay or failure to make delivery of all or any part of the Product due to labor difficulties, fires,
casualties, accidents, acts of the elements, acts of God, transportation difficulties, delays by a
common carrier, inability to obtain Product, materials or components or qualified labor sufficient
to timely perform part of or all of the obligations contained in these terms and conditions, govern-
mental regulations or actions, strikes, damage to or destruction in whole or part of manufacturing
plant, riots, terrorist attacks or incidents, civil commotions, warlike conditions, flood , tidal waves,
typhoon, hurricane, earthquake, lightning, explosion or any other causes, contingencies or cir-
cumstances within or without the United States not subject to the Seller’s control which prevent
or hinder the manufacture or delivery of the Products or make the fulfillment of these terms and
conditions impracticable. In the event of the occurrence of any of the foregoing, at the option
of Seller, Seller shall be excused from the performance under these Terms and Conditions, or
the performance of the Seller shall be correspondingly extended.

This document sets forth the terms and conditions pursuant to which the purchaser (“Purchaser”)

will purchase and Equipment Development Co.Inc. (“Seller”)will sell the products, accessories,
attachments (collectively the Products “) ordered by the Purchaser. These terms and conditions
shall govern and apply to the sale of Seller’s Products to Purchaser, regardless of any terms and
conditions appearing on any purchase order or other forms submitted by Purchaser to Seller,
or the inconsistency of any terms therein and herein.

1. PRICE
All prices set forth on any purchase order or other document are F.O.B. Sellers facility or distribution

point, as may be determined by Seller (F.O.B.Point). All prices are exclusive of any and all taxes,
including, but not limited to, excise, sales, use, property or transportation taxes related to the sale or
use of the Products, now or hereafter imposed, together with all penalties and expenses. Purchaser
shall be responsible for collecting and/or paying any and all such taxes, whether or not they are
stated in any invoice for the Products. Unless otherwise specified herein, all prices are exclusive of
inland transportation, freight, insurance and other costs and expenses relating to the shipment of the
Products from the F.O.B. point to Purchaser’s facility. Any prepayment by Seller of freight insurance
and other costs shall be for the account of Purchaser

and shall be repaid to Seller.

2. PAYMENT TERMS

Payment terms are as follows. 2% 10 days (to approved and qualified accounts). Net 30

days. This is a cash discount for invoices paid within 10 days after the invoice date, regard-
less of date of receipt of shipment. This is not a trade discount and will not be granted to
accounts that do not adhere to stated terms.

*All past due accounts are subject to a late payment fee of 1.5% per month or a maximum

allowed by law if different, along with the expenses incidental to collection including reason-
able attorney’s fees and costs.

*Seller reserves the right to hold shipments against past due accounts.

*Seller reserves the right to alter payment terms.

3. FREIGHT TERMS
All shipments will be made F.O.B. shipping point as designated in these Terms and

Conditions, and title shall pass at the F.O.B. point. Delivery to the initial common carrier
shall constitute delivery to the Purchaser. Any claims for loss or damage during shipment
are to be filed with carrier by the Purchaser. Seller will not assume responsibility for the
performance of the carrier.

Back orders will be shipped in the most practical fashion with charges consistent with

our freight policy established with the original order. UPS, FED EX, MAIL or shipments
by other couriers are subject to the same terms and conditions as outlined in paragraph
#3”Freight Terms”.

4. DELIVERY, DAMAGES, SHORTAGES
Seller shall use reasonable efforts to attempt to cause the Products to be delivered as provided

for in these Terms & Conditions. Delivery to the initial common carrier shall constitute the delivery
to the Purchaser. Sellers responsibility, in so far as transportation risks are concerned ceases
upon the delivery of the Products in good condition to such carrier at the F.O.B. point and all the
Products shall be shipped at the Purchaser’s risk. Seller shall not be responsible or liable for
any loss of income and/or profits, or incidental, special, consequential damages resulting from
Seller’s delayed performance in shipment and delivery.

5. RETURN OF DEFECTIVE PRODUCTS
Defective or failed material shall be held at the Purchaser’s premises until authorization has

been granted by Seller to return or dispose of Products. Products that are to be returned
for final inspection must be returned Freight Prepaid in the most economical way. Credit
will be issued for material found to be defective upon Seller’s inspection based on prices
at time of purchase.

6. PRODUCTS ORDERED IN ERROR
Products may be returned, provided that claim is made and Seller is notified within 7 days

of receipt of Products, and the Products are in original buyer’s possession not more than
30 days prior to return, subject to Seller’s approval. If Products are accepted for return, they
must be Freight Prepaid and buyer will be charged a minimum of 15% restocking charge,
plus a charge back for outbound freight charges if the original order was shipped prepaid.
Returns are not accepted for any Products that are specifically manufactured to meet the
buyer’s requirement of either specifications or quantity.

AGREEMENTS
These Terms and Conditions constitute the entire agreement between Seller and Purchaser as it

relates to terms and conditions of sale, and supersedes any and all prior oral or written agreements,
correspondence, quotations or understandings heretofore in force between the parties relating to
the subject matter hereof. There are no agreements between Seller and Purchaser with respect
to the Product herein except those specifically set forth in and made part of these terms and
conditions. Any additional terms, conditions and/or prices are rejected by Seller.

These terms and conditions may be modified, cancelled or rescinded only by a written
agreement of both parties executed by their duly authorized agents.

USE ONLY GENUINE EDCO PARTS & ACCESSORIES

For your own safety, the safety of others and the life of your machine.

Equipment Development Company, Inc.

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