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Precision Die Technologies
  STANDARD TERMS and CONDITIONS      
 

ACCEPTANCE - All orders for products supplied by PRECISION DIE TECHNOLOGIES (PDT) are subject to acceptance by PDT in accordance with our standard terms and conditions unless agreed in writing by PDT.  Purchaser's submission of written or verbal purchase order or similar document shall be considered express acceptance of PDT Standard Terms and Conditions.

PRICING - All products are quoted and sold on INCOTERMS EX-WORKS basis from our factory in Broussard, Louisiana.  All applicable taxes, freight; inland, sea air, etc., along with and including, but not limited to crating, storage, processing and custom fees are to be borne by the purchaser unless otherwise noted on quote.  Minimum order quantities may apply to custom made items.  Quoted prices will be honored within quotation validity period.  Prices and discounts are subject to change without notice.

PAYMENT TERMS - Unless alternate payment terms are specified in our quotation, all charges, including applicable packing, transportation costs or other charges billed by PDT are payable in US Dollars within Net 30 Days of the date of the invoice.  If partial shipments are made, the products will be invoiced as shipped and will be payable accordingly.  INTEREST shall be due from the Purchaser to PDT on overdue accounts at a rate of 1½% per month plus reasonable fees and costs incurred in the collection of overdue accounts.  PDT reserves the right to alter its payment or credit terms without notice.

DELIVERY, PACKAGING and SHIPPING - PDT products will be supplied on INCOTERMS EX-WORKS basis from our factory in Broussard, Louisiana from stock, subject to availability at the date of delivery, as quoted.  Partial shipments may be made as agreed by Purchaser and PDT.  Stated delivery dates are approximate and cannot be guaranteed.  PDT will have no liability for damages arising out of a failure to meet a projected delivery date.  All weights shown are approximate net weights and do not include any boxing, pallets or crating.  PDT products are packed using methods suitable for domestic shipping by courier service or common carrier.  PDT will attempt to pack or prepare all shipments so that they will not break, rust or deteriorate in shipment but does not guarantee against such damage.  Costs of special handling or packaging will be borne by purchaser.  We will deliver products to our normal common carriers for shipping to destination defined by customer.  Alternate shipping methods and carriers may be made as agreed by Purchaser and PDT.  Unless otherwise agreed, PDT does not insure shipments beyond the delivery to the carrier.  PDT will not assume any liability in conjunction with such insurance, loss or damage.  In transit damage, shortage or loss claims must be made by Purchaser on the carrier.

CANCELLATION - Orders placed for non-stock products, special designs, sizes or materials may be subject to pro-rata cancellation charges and will not be accepted for return.  Such orders cancelled 30 days prior to delivery date will be subject to a minimum 25% cancellation charge plus cost of any special materials, fixtures or tooling.  If cancelled thereafter a 100% cancellation charge will be applicable.  Buyer is responsible for verifying cancellation charges prior to canceling order.

RETURNS - PDT's RETURN POLICY has no relation to our WARRANTY POLICY.  PDT must authorize all product returns and issue a Return Authorization Number (RAN) before returned goods can be considered for any refunds.  Goods returned without authorization will not be accepted.  The RAN must be noted on supporting documents accompanying the return shipment.  Credits will be issued only on new, unused, standard stock goods returned within 30 days of invoice.  PDT may, at its discretion, accept for return and charge a restocking fee for certain items requiring special processing.  No return will be accepted on any goods not deemed by PDT to be in new and resalable condition.  A CREDIT MEMO will be issued for those items determined by PDT to be in compliance with this policy.  Credits will be issued for freight charges only in those cases where the goods were defective, shipped incorrectly or fail to perform as specified.

LIMITED WARRANTY - PRECISION DIE TECHNOLOGIES (PDT) warrants its products to be free from defects in material and workmanship for a period of one (1) year from date of shipment from PDT's factory.  PDT's warrants for products conform to the material and technical specifications as set forth in our documents.  Should any part of said products be found, under normal use and service, during the warranty period, to be defective, PDT will repair or replace said part on INCONTERMS EX-WORKS basis from our factory in Broussard, Louisiana, provided such defective part is returned to the location by the customer with freight charges prepaid or by an authorized PDT representative and provided inspection of the original part establishes the claimed defect to the satisfaction of PDT.  The warranty shall not apply to a product upon which repairs or alterations have been made or for equipment misused, neglected, or incorrectly installed.  PDT makes no warranty with respect to any components or products that are subject to the warranties of their respective manufacturers.

PDT's liability under this warranty is limited to such repair or replacement subject to the conditions stated, and PDT shall not in any event be held liable for any consequential or contingent damage or for expenses, attorney's fees or delay caused by defective material or workmanship, and no allowance will be made for repairs, replacements or alternations unless made with PDT's written approval.

PDT makes NO WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE and shall not be liable for any guarantees or warranties, express or implied, except those expressly set forth herein.

To the extent any provision of this warranty contravenes the law of any jurisdiction, such provision shall be inapplicable in such jurisdiction, and the remainder of the warranty shall not be affected thereby.