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Sales under these terms and conditions (these “Terms”) are by
Pyramid Solutions, Inc., a Michigan corporation,
(“Pyramid”)
to the person named as the buyer or purchaser in the documentation
to which these Terms are attached or
with which they
are associated, or, if these Terms are shipped with one or more
products, the person to whom they are
shipped (in any
case, “Buyer”) and all sale transactions between Pyramid and Buyer
are conditional on Buyer’s assent to
these Terms.
If these Terms are first tendered to Buyer before Buyer tenders a
purchase order or similar document to
Pyramid, these
Terms are in lieu of any terms later submitted by Buyer and Pyramid
rejects all additional or different terms
and conditions
of Buyer, whether confirmatory or otherwise. If Pyramid tenders
these terms after the tender by Buyer of
other
terms, whether as part of a purchase order or otherwise, then
Pyramid’s acceptance of any offer by Buyer
associated
with Buyer’s terms is expressly conditioned upon Buyer’s acceptance
of these Terms exclusively, including,
but
not limited to, any provisions of these Terms that are additional
to, or different from, terms contained in the terms
tendered
by Buyer. Buyer’s performance, or acceptance of, or payment for,
any products from Pyramid, will constitute
Buyer’s
acceptance of these Terms. These Terms, together with any
associated description of the products that are the
subject
of the purchase and sale transaction under these Terms (whether
given telephonically, by other electronic
means, or
otherwise) constitute an “Order.” Buyer represents and warrants
that any products it purchases from
Pyramid are for business
or commercial use and not for domestic, personal, family, or
household use.
1. PRICES & MINIMUM ORDER QUANTITIES:
The prices of the products supplied by Pyramid are as stated in the
Order.
Prices may be adjusted to the prices in effect at the time of delivery.
All pricing is FOB (as described in UCC
Sec.
2-319) Pyramid’s dock for shipments within the United States and Ex
Works (Incoterms 2000) Pyramid’s dock
for international
shipments. Buyer acknowledges that the prices for certain products
offered by Pyramid are based
on Buyer
purchasing a minimum quantity of those products. Where Buyer orders a
product that is subject to a
minimum order
quantity and the quantity ordered does not meet that minimum order
quantity, Pyramid reserves the
right to adjust
the price or ship the minimum order quantity at its discretion.
2. PAYMENT:
Unless otherwise expressly agreed in writing by Pyramid, Buyer will pay
any invoice issued by Pyramid
in U.S. Dollars. No discounts are
authorized. Pyramid may, at its sole discretion, require payment
by bank transfer,
cash, certified check, C.O.D., or credit card.
All trading accounts are subject to prior approval of Pyramid’s credit
department, in accordance with Pyramid’s credit policies and practices
in effect from time to time. The amount of
credit or terms of payment
may be changed by Pyramid at any time for any reason. If Buyer fails to
make payment
when due or defaults in any other way, Pyramid may, at its
option, without limiting any of its other rights or remedies
available
under these Terms or applicable law, and until Buyer’s account is
current: (1) withdraw credit and
suspend or cancel performance under any
or all Orders; and/or (2) reschedule shipment. Each shipment
will be
separately invoiced and paid for without regard to other
shipments.
3. TAXES:
All prices are exclusive of sales, use, excise, customs, export, import,
commodity or any other taxes.
Buyer will pay all such taxes and any
licence fees or other charges incidental to the sale of products. Buyer
will, at
Pyramid’s request, provide to Pyramid reasonable proof of
payment by Buyer of such taxes, fees, and
assessments. If Pyramid is
required to prepay any taxes on behalf of Buyer, Buyer will reimburse
Pyramid for all
such taxes paid.
4. SHIPMENTS: All shipments will be made in accordance with
the delivery terms designated in the relevant Order or, if
no delivery
terms are expressed, FOB (as described in UCC Sec. 2-319) Pyramid’s dock
for shipments within the
United States and Ex Works (Incoterms 2000)
Pyramid’s dock for international shipments. Any claims against
Pyramid for shortages or non-conformance that could, with due diligence, be
discovered by inspection upon receipt,
must be made within 10 days after
receipt. Prices include packaging in accordance with Pyramid's standard
practice. Pyramid
may make deliveries in installments with appropriate
partial invoicing issued for each such
installment. Any shipping date
or delivery date stated represents Pyramid's best estimate of when the
products will
be shipped or delivered. Pyramid is not liable for losses
or added costs due to delivery delays. Each shipment of
products to be delivered is to be considered a separate sale and Buyer will pay the
agreed price for each shipment
without regard for any failure to deliver
any subsequent shipment of such products. Pyramid’s breach or default
in
the delivery of any shipment will not give Buyer the right to refuse
to receive any other shipment. Any back-ordered
products will be
considered a separate shipment. Any failure by Buyer to pay for any
shipment within the time for
payment is an anticipatory material breach
with regard to other shipments.
5. FORCE MAJEURE:
Pyramid will not be liable for failure to deliver, or for delay in
delivery of, the products arising out
of causes beyond its reasonable
control, including acts of God or of the public enemy, acts of any
Governmental
authority, fires, floods, unusually severe weather,
epidemics, quarantine restrictions, strikes, labor disputes or
shortages
of labour, freight embargoes, or inability to secure necessary parts and
materials. In no event will
Pyramid be liable for any loss or damage,
including in particular, direct, incidental, indirect, special, punitive
or
consequential damages (including loss of profits) delayy in delivery.
6. CANCELLATION/RESCHEDULING
A. TERMINATION FOR DEFAULT:
Either party may terminate an Order by written notice, without prejudice
to its
other rights or remedies if: (1) the other party files a petition
in bankruptcy or assignment for the benefit of creditors,
becomes
insolvent, becomes, or admits that it is, unable to pay its debts
generally as they become due, or has a
manager or receiver appointed
over any of its assets; (2) the other party defaults under these Terms
and does not
remedy the default within 30 days (10 days in the case of
payment defaults) following written notice requiring the
breach to be
remedied.
B. TERMINATION FOR CONVENIENCE:
At Pyramid’s sole discretion, Orders may be cancelled on receipt of
written
request from Buyer requesting cancellation, except that Orders
or Order line items for products designated non-
cancellable or
non-returnable (“NCNR” or other designation to that effect), or for
custom products cannot be
cancelled under any circumstances. Buyer will
accept delivery and pay 100% of the purchase price of such Order
line item(s).
C. ADEQUATE ASSURANCE OF PERFORMANCE:
In any circumstance where Pyramid has the right to demand
adequate
assurance of Buyer’s performance (such as under Section 2-609 of the
Uniform Commercial Code, where
applicable), Buyer will provide such
assurance within five days after demand by Pyramid.
7. PRODUCT CHANGES:
Pyramid may, at any time and without notice to Buyer, change the
product(s) in any way that
does not adversely affect the form, fit or
function of the product(s) in any material respect.
8. TECHNICAL ASSISTANCE:
Pyramid will not be liable in any respect to provide technical advice,
facilities or service
in
connection with any Order or the products
supplied. Any such assistance must be the subject of a separate
written
agreement.
9. RISK, TITLE AND SECURITY INTEREST:
Risk of damage to or loss of any products supplied by Pyramid will pass
to
Buyer at the time specified in the Order or, if not specified, FOB
(as described in UCC Sec. 2-319) Pyramid’s dock for
shipments within the
United States and Ex Works (Incoterms 2000) Pyramid’s dock for
international shipments. No
delivery terms other than FOB Pyramid’s
dock or Ex Works Pyramid’s dock will apply unless Pyramid has separately
acknowledged in writing any such delivery term. Unless otherwise
specified by Pyramid in an order, title to any
products supplied by
Pyramid will pass to Buyer at the same time as risk passes in accordance
with the preceding
portion of this Section 9. Buyer grants to
Pyramid a security interest in the products supplied under these Terms
and
any proceeds thereof and accessions thereto as security for Buyer’s
obligations (payment and otherwise) to
Pyramid. Pyramid may register
and/or file a financing statement in the Personal Property Securities
Register or other
appropriate repository of records to perfect its
security interest in the products in accordance with the Personal
Property Securities Act 1999, the Uniform Commercial Code, or other
applicable law.
10. WARRANTY:
Pyramid warrants solely to Buyer that each product supplied under these
Terms will, until the date that
is 12 months after shipment by Pyramid
to Buyer (the “Warranty Period”), conform to Pyramid's written
specifications. Pyramid’s sole and exclusive obligation, and Buyer’s
sole remedy for failure of any product to
conform to the above warranty,
is, at the option of Pyramid, that Pyramid will repair or replace the
non-conforming
product or refund to Buyer the monies paid by Buyer for
the non-conforming product. Buyer must notify Pyramid of
any
nonconformity during the Warranty Period. In the case of replacement of
a non-conforming product, the
Warranty Period will be tolled beginning
on the date upon which Pyramid receives the non-conforming product and
will begin to run again when Buyer receives the repaired or replacement
product. The warranty will not apply if the
product: (1) fails,
malfunctions or is damaged as a result of handling, installation,
maintenance, removal, modification
or repair other than as specified in
Pyramid’s then-current user manual or similar documentation; (2) suffers
a
casualty or is subjected to abuse (including electrostatic discharge)
or improper use; (3) is altered or damaged so
that Pyramid is unable to
verify the defect with its normal test equipment; or (4) is not returned
in the same or
equivalent container in which it was shipped.
11. PRODUCT RETURNS:
Pyramid will have no obligation to accept any return unless Pyramid has
approved in writing
the return. All return documentation must contain
Pyramid's Returned Materials Authorization (“RMA”) number.
Pyramid may
refuse returned shipments not approved by Pyramid or not properly
identified. The request for return
approval must include serial number,
part number, lot number, and date code (each as applicable), and full
identification of products to be returned. Proper handling procedures
must be used in the packing and shipping of all
returns. Products must
be returned in the same or equivalent container in which they were
shipped with the RMA
number clearly visible on the package. Buyer
retains title and assumes all risk of loss relating to products returned
for repair.
12. DISCLAIMERS AND LIMITATION OF LIABILITY: EXCEPT AS EXPRESSLY
WARRANTED IN SECTION 10, THE
PRODUCTS ARE SUPPLIED "AS IS" AND
WITH ALL FAULTS. PYRAMID MAKES NO OTHER REPRESENTATIONS
OR WARRANTIES,
WHETHER EXPRESS OR IMPLIED, WITH RESPECT TO THE PRODUCTS AND PYRAMID
EXPRESSLY DISCLAIMS ALL WARRANTIES AS TO THEIR QUALITY, PERFORMANCE,
MERCHANTABILITY,
NON-INFRINGEMENT OR FITNESS FOR A PARTICULAR PURPOSE.
BUYER’S REMEDIES ARE EXPRESSLY LIMITED TO THE EXCLUSIVE REMEDIES
STATED IN THESE TERMS.
NEITHER PYRAMID NOR ANY DIRECT OR INDIRECT
SUPPLIER TO PYRAMID WILL BE LIABLE FOR ANY
INCIDENTAL, CONSEQUENTIAL,
SPECIAL, PUNITIVE, OR INDIRECT DAMAGES (INCLUDING, BUT NOT LIMITED
TO,
LOSS OF REVENUE OR PROFITS) ARISING OUT OF, RELATED TO, OR CAUSED,
DIRECTLY OR INDIRECTLY,
BY THE USE OR TRANSFER OF ANY PRODUCT BY BUYER
OR ANY CUSTOMER OR SUCCESSOR HOLDER OF
ANY PRODUCT, BY THE PERFORMANCE
OR FAILURE TO PERFORM OF PYRAMID OR ANY DIRECT OR INDIRECT
SUPPLIER TO
PYRAMID UNDER THESE TERMS OR IN ANY OTHER RESPECT, BY ANY OTHER ACT OR
OMISSION
OF PYRAMID OR ANY DIRECT OR INDIRECT SUPPLIER TO PYRAMID, OR BY
ANY OTHER CAUSE. IN NO EVENT
WILL PYRAMID’S OR ITS SUPPLIERS’ TOTAL
LIABILITY TO BUYER FOR ANY CLAIM EXCEED THE SUM PAID
TO PYRAMID BY BUYER
FOR THE PRODUCT(S) GIVING RISE TO THE LIABILITY.
THESE LIMITATIONS APPLY REGARDLESS OF WHETHER PYRAMID OR ITS SUPPLIER(S) IS (ARE) OR WAS
(WERE) AWARE OF THE POSSIBILITY OF ANY
PARTICULAR DAMAGES AND REGARDLESS OF WHETHER ANY
LIMITATION CAUSES A
REMEDY TO FAIL OF ITS ESSENTIAL PURPOSE.
NO ACTION MAY BE BROUGHT BY BUYER FOR ANY BREACH OF THIS
AGREEMENT MORE THAN ONE (1) YEAR
AFTER THE ACCRUAL OF SUCH CAUSE OF
ACTION.
13. INDEMNIFICATION:
Buyer shall indemnify, defend, and hold harmless Pyramid and its
managers, directors, officers,
employees, agents, affiliates,
successors, and assigns from and against any and all claims, suits,
actions, demands,
damages, losses, liabilities, penalties, fines, costs
and expenses (including, without limitation, reasonable attorneys’
fees)
whatsoever that are incurred by or made against any indemnitee and that
arise out of, or are related to: (i) any
act, omission, negligence, or
misconduct of Buyer; (ii) any breach of these Terms or any Order by
Buyer; or (iii) any
claim by Buyer, any customer of Buyer, any successor
holder of any of the products, or any other person, related
to
the
products or the purchase, installation, or use of such products, or any
undertakings, acts, or omissions
relating to such products, to the
extent such claim is not based upon a product defect proven to have been
caused
solely by
Pyramid’s gross negligence.
14. FAIL-SAFE OR CRITICAL OPERATIONS:
Pyramid’s products are not designed, intended, authorized, or warranted
to be suitable for use or resale as control equipment in, or for other
applications related to, hazardous or potentially-
hazardous environments
or applications requiring high-availability or fail-safe performance,
such as in the operation
of nuclear facilities, aircraft navigation or
communications systems, air traffic control, life support, public works,
weapons systems, or any other application in which the failure of a
product could lead to property damage, death,
personal injury, or
environmental damage. Buyer will not use, or permit to be used, the
products for such high-
availability, fail-safe, or critical applications
and further agrees to indemnify, defend, and hold harmless Pyramid and
its managers, directors, officers, employees, agents, affiliates,
successors, and assigns from and against any
action, suit, proceeding,
cost, expense, damages, and liability (including , but not limited to,
reasonable attorneys’
fees) arising out of, or related to, the breach of
Buyer’s obligations in this Section 14.
15. SOFTWARE OWNERSHIP AND LICENCE:
If any product supplied by Pyramid contains software, firmware, or
databases (“Licensed Software”), then the following terms will apply.
A. SEPARATE AGREEMENT:
Where Pyramid and Buyer have entered into a separate agreement providing
for
licenses for software, firmware, or databases, that agreement will
govern the Licensed Software to the extent
covered by the terms of that
agreement.
B. NO SEPARATE AGREEMENT: Where, and to the extent
that, Pyramid and Buyer have not entered into a
separate
agreement
providing for licenses for software, firmware, or databases associated
with the products. The
following
terms will apply. As between Pyramid
and Buyer or Buyer’s permitted assignees and transferees, except
as
otherwise expressly stated in these Terms, Pyramid will retain ownership
of all intellectual property rights in the
Licensed Software. Buyer
acknowledges that it is granted a perpetual, non-exclusive,
non-transferable (except in
connection with transfer of the physical
product upon which the Licensed Software resides as permitted by these
Terms) licence to load, run, and store the Licensed Software in
machine-readable form only for Buyer’s or a
successor purchaser’s
internal use and only for use with the product (the “Intended Use”).
Buyer will strictly
adhere to the Intended Use of the Licensed Software
and will not translate, adapt, arrange, reverse compile or
otherwise
alter or perform error corrections, nor disclose, sell, assign, rent,
lend, sub-license, or otherwise transfer
the Licensed Software. Buyer
may transfer such license, but only in connection with the sale of a
product upon
which such Licensed Software is installed and Buyer may not
continue to use or operate any Licensed Software
after the specific
product with which the Licensed Software is associated has been
transferred. Nothing in these
Terms will be interpreted as conveying or
granting a licence to Buyer of any Licensed Software in source code
form. Any licence of software in source code form will be covered by a
separate agreement, if at all.
16. CONFIDENTIALITY:
Buyer will, notwithstanding that any Order may have terminated, keep in
confidence and
prevent the disclosure to any person all information and
data disclosed to it by Pyramid that is marked confidential or
by its
nature ought to be considered confidential, including business plans,
technological techniques, inventions, and
research and development.
Notwithstanding the foregoing, Buyer will not be liable for disclosure
of any confidential
information if the same: (i) was readily
ascertainable by proper means by the public at the time at which it was
disclosed or later becomes so, in either case without breach of these
Terms by Buyer or any agent of Buyer; (ii) is
disclosed with the prior
written approval of Pyramid; or (iii) becomes known to Buyer from a
source other than
Pyramid without breach of these Terms by Buyer or
breach by the source of any obligation of confidentiality.
17. EXPORT CONTROLS:
Unless an appropriate license, exemption or similar authorization has
been duly obtained,
Buyer shall not, nor shall Buyer authorize or permit
its employees, agents, successors or assigns to, export or re-
export any
products to any country identified as a prohibited destination by any
applicable laws or regulations.
Furthermore, Buyer hereby agrees to
undertake and perform all “denied party screening” or similar
obligations
imposed by or arising under applicable laws or regulations.
Buyer agrees and acknowledges that, to the extent
applicable, these
commodities, technology and/or software will be/were exported from the
United States or other
country of origin in accordance with the United
States Export Administration Regulations or other export regulations
applicable in the jurisdiction of origin. Any diversion contrary to
U.S. or other applicable law is prohibited. Buyer
agrees to indemnify
and hold harmless Pyramid from and against any and all claims, losses,
expenses, suits,
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