Standard Terms and Conditions of Sales

  1. Offer and Acceptance: EPS offers to sell and deliver Lithium Ion batteries, chargers and battery management systems and other related products in accordance with the terms and conditions set forth herein. Acceptance of this offer is expressly limited to such terms. EPS hereby objects to and rejects any additional or different terms proposed by Buyer, including those contained in Buyer's purchase order, unless EPS expressly agrees to such terms in writing.
     
  2. Prices and Releases: EPS' price in effect at the time EPS receives Buyer's purchase order shall continue to apply if the quantity ordered is released by EPS within three (3) months and shipments are scheduled within six (6) months. Otherwise, EPS' price in effect on the actual release date for the quantity actually shipped shall apply.
    If the price of fuels, metals, raw materials, equipment or other production costs increases significantly, EPS shall have the right and Buyer shall have the obligation to renegotiate the price of all products not yet shipped, and if an agreement is not reached, EPS shall have the right to terminate this contract without liability.
     
  3. Title and Delivery: Shipments inside the U.S. shall be delivered F.O.B. EPS' shipping dock. Shipments outside the U.S. shall be delivered FCA (Incoterms 2000) Buyer's designated carrier. Title and liability for loss or damage shall pass to Buyer upon EPS' delivery to Buyer's designated carrier. Any subsequent loss or damage shall not relieve Buyer from its obligations. Buyer shall reimburse EPS for insurance and transportation costs on international shipments and shall be responsible for all import duties, taxes and any other expenses incurred or licenses or clearances required. EPS may deliver products in installments. Delivery dates are estimates. EPS shall not be liable for any damage, losses or expenses incurred by Buyer if EPS fails to meet the estimated delivery dates.
     
  4. Payment Terms: If EPS extends credit to Buyer, payment terms shall be net fourteen (14) days after EPS' invoice. EPS may change or withdraw credit amounts or payment terms at any time for any reason. If the products are delivered in installments, Buyer shall pay for each installment in accordance with the above payment terms. If Buyer fails to make any payment when due, EPS may suspend or cancel performance under any agreements in which EPS has extended credit to Buyer. EPS' suspension of performance may result in rescheduling delays. If, in EPS' judgment, Buyer's financial condition does not justify the payment terms specified herein, then EPS may terminate this contract unless Buyer immediately pays for all products that have been delivered and pays in advance for all products to be delivered. Termination in accordance with this clause shall not affect EPS' right to pursue any other available remedies.
     
  5. Taxes: Prices do not include applicable taxes or duties. Buyer is solely responsible for paying all applicable taxes and duties. EPS will add sales taxes to the sales price where required by applicable law, and Buyer will pay such taxes unless Buyer provides EPS with a duly executed sales tax exemption certificate. If Buyer is required by law to withhold any amount of tax from its payment to EPS, Buyer shall promptly pay such amount to the appropriate tax authority and take all reasonable steps to minimize such withholding tax.
     
  6. Contingencies: EPS shall not be in breach of this contract and shall not be liable for any non-performance or delay in performance if such non-performance or delay is due to a force majeure event or other circumstances beyond EPS' reasonable control, including but not limited to, shortages of labor, energy, fuel, machinery or materials, technical or yield failures, war, civil unrest, any government act, law or regulation, including any judicial order or decree, any communication or power failure, labor dispute, natural disaster, fire, flood, earthquake, explosion, terrorist act or Act of God. In the event of a shortage of products, EPS may allocate, at its sole discretion, product production and deliveries.
     
  7. Warranties and Related Remedies:
     
    1. Subject to clauses 7.v and 7.vi below, EPS warrants that EPS Lithium Ion batteries, chargers and battery management systems and other related products will conform either to EPS' published specifications for such product or other mutually agreed upon written specifications signed by an authorized EPS representative. This warranty lasts for one (1) year after the date EPS ships such products to Buyer, provided, however, Buyer must install those products within six (6) month after shipment. Extended warranty beyond one (1) year period shall be approved by an authorized EPS representative. EPS shall not be liable for any defects that occur that are installed more than six (6) month after shipment. Notwithstanding the foregoing, EPS shall not be liable for any defects that are caused by neglect, misuse or mistreatment by an entity other than EPS, including improper installation or testing, or for any products that have been altered or modified in any way by an entity other than EPS. Moreover, EPS shall not be liable for any defects that result from Buyer's design, specifications or instructions for such products. Testing and other quality control techniques are used to the extent EPS deems necessary. Unless mandated by government requirements, EPS does not necessarily test all parameters of each product.
       
    2. Buyer has 14 calendar days from the date of receiving delivery to file warranty claim for items missing in the shipment or any shipping damages.
       
    3. If any EPS products fail to conform to the warranty set forth above, EPS' sole liability shall be at its option to repair or replace such products, or credit Buyer's account for such products. EPS' liability under this warranty shall be limited to products that are returned during the warranty period to the address designated by EPS and that are determined by EPS not to conform to such warranty. If EPS elects to repair or replace such products, EPS shall have a reasonable time to repair such products or provide replacements. Repaired and replaced products shall be warranted for the remainder of the original warranty period.
       
    4. EXCEPT AS SET FORTH ABOVE, LITHIUM ION BATTERIES, CHARGERS AND BATTERY MANAGEMENT SYSTEMS PRODUCTS ARE PROVIDED "AS IS" AND "WITH ALL FAULTS." EPS DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, REGARDING SUCH PRODUCTS, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
       
    5. Buyer agrees that prior to using or distributing any systems that include EPS products, Buyer will thoroughly test such systems and the functionality of such EPS products as used in such systems. EPS may provide technical, applications or design advice, quality characterization, reliability data or other services. Buyer agrees that providing these services shall not expand or otherwise alter EPS' warranties, as set forth above, and no additional obligations or liabilities shall arise from EPS providing such services.
       
    6. Safety-Critical Applications.

      EPS products are not authorized for use in safety-critical applications (such as life support) where a failure of the EPS product would reasonably be expected to cause severe personal injury or death, unless officers of the parties have executed an agreement specifically governing such use. Buyer shall fully indemnify EPS and its representatives against any damages arising out of the unauthorized use of EPS products in such safety-critical applications.

      Buyer represents that it has all necessary expertise in the safety and regulatory ramifications of its applications, and Buyer acknowledges and agrees that it is solely responsible for compliance with all legal, regulatory and safety-related requirements concerning its products and any use of EPS products in Buyer's applications, notwithstanding any applications-related information or support that may be provided by EPS. 
       
    7. Notwithstanding anything to the contrary, SOFTWARE PRODUCTS AND EXPERIMENTAL AND DEVELOPMENT PRODUCTS ARE PROVIDED "AS IS" AND "WITH ALL FAULTS." EPS DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, REGARDING SUCH SOFTWARE PRODUCTS AND EXPERIMENTAL AND DEVELOPMENT PRODUCTS, INCLUDING BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE
       
  8. Intellectual Property Indemnification:
     
    1. Subject to clauses 8.ii, 8.iii, 9.i and 9.ii, EPS will pay any damages, liabilities or costs (excluding consequential and exemplary damages) finally awarded against Buyer, or agreed to by EPS as settlement or compromise, and will defend Buyer against any claim, suit or proceeding brought against Buyer, insofar as such claim, suit or proceeding is based on an allegation that products manufactured and supplied by EPS to Buyer directly infringe any United States, Canadian, Japanese or European Union member country patent, copyright, or trade secret; provided EPS is (i) promptly informed and furnished a copy of such claim, suit, or proceeding, (ii) given all evidence in Buyer's possession, custody or control, (iii) given reasonable assistance in and sole control of the defense thereof and all negotiations for its settlement or compromise. Buyer hereby agrees to make available to EPS the benefit of any defense available to Buyer to any infringement allegation hereunder, including, but not limited to, any license or option to license or sub-license any intellectual property right that is the subject of such infringement allegation.
       
    2. In the event of an allegation for which EPS is obligated to defend Buyer pursuant to clause 8.i, EPS may, but shall not be obligated to: (i) obtain a license that allows Buyer to continue the use of the products, (ii) replace or modify the products so as to be non-infringing, but in a manner that does not materially affect the functionality of the products, or (iii) if neither (i) nor (ii) is available to EPS at a commercially reasonable expense, then EPS may refund to Buyer the purchase price and the transportation costs of such products and prospectively cease to indemnify Buyer with regard to such products without being in breach of this contract. If EPS elects to provide either of the options set forth in clauses (i) and (ii) above, EPS' indemnity obligation pursuant to clause 8.1 shall be entirely fulfilled as to that individual claim, except for any damages, liabilities, or costs (excluding consequential and exemplary damages) incurred by Buyer prior to EPS taking such action. If EPS elects the option set forth in clause (iii) above, EPS' indemnity obligation under this contract shall be entirely fulfilled, regardless of any additional claims. Also, if EPS elects the option set forth in clause (iii) above, Buyer shall return to EPS any and all products remaining in Buyer's possession, custody or control.
       
    3. EPS shall have no liability for any costs, losses or damages resulting from Buyer's willful acts, or any settlement or compromise incurred or made by Buyer without EPS' prior written consent. EPS shall have no obligation to defend and no liability for any costs, losses or damages, to the extent that an infringement allegation is based upon: (i) Buyer's use of the products in combination with any other product, software or equipment; (ii) Buyer's use of the products in a manner or for an application other than for which they were designed or intended, regardless of whether EPS was aware of or had been notified of such use; (iii) Buyer's use of the products in a manufacturing or other process; (iv) Buyer's modifications to the products; (v) EPS' compliance with Buyer's particular design, instructions or specifications; or (vi) EPS' compliance with any industry or proprietary standard or Buyer's use of the products to enable implementation of any industry or proprietary standard (such claims - i.e. those set forth in (i) through (vi) above - are individually and collectively referred to herein as "Other Claims").
       
    4. Buyer shall indemnify and hold EPS harmless against any damages, liabilities or costs finally awarded against EPS or agreed to by Buyer as settlement or compromise, and will defend any claim, suit or proceeding brought against EPS insofar as such claim, suit or proceeding is based on an allegation arising from Other Claims.
       
    5. THE FOREGOING STATES THE SOLE LIABILITY OF THE PARTIES FOR INTELLECTUAL PROPERTY RIGHTS INFRINGEMENT AND IS IN LIEU OF ALL WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, IN REGARD THERETO. BUYER UNDERSTANDS AND AGREES THAT THE FOREGOING INTELLECTUAL PROPERTY INDEMNIFICATION TERMS ARE ESSENTIAL ELEMENTS OF THIS CONTRACT, AND THAT IN THE ABSENCE OF SUCH TERMS, THE MATERIAL AND ECONOMIC TERMS OF THIS CONTRACT WOULD BE SUBSTANTIALLY DIFFERENT.
       
  9. Limitations and Damages Disclaimer:
     
    1. General Limitations: IN NO EVENT SHALL EPS BE LIABLE FOR ANY SPECIAL, COLLATERAL, INDIRECT, PUNITIVE, INCIDENTAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES IN CONNECTION WITH OR ARISING OUT OF THIS CONTRACT OR THE USE OF THE GOODS PROVIDED HEREUNDER, REGARDLESS OF WHETHER EPS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. EXCLUDED DAMAGES INCLUDE, BUT ARE NOT LIMITED TO, COST OF REMOVAL OR REINSTALLATION, ANCILLARY COSTS TO THE PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, RETESTING, OUTSIDE COMPUTER TIME, LABOR COSTS, LOSS OF GOODWILL, LOSS OF PROFITS, LOSS OF SAVINGS, LOSS OF USE, LOSS OF DATA, OR BUSINESS INTERRUPTION. NO CLAIM, SUIT OR ACTION SHALL BE BROUGHT AGAINST EPS MORE THAN ONE YEAR AFTER THE RELATED CAUSE OF ACTION HAS OCCURRED.
       
    2. Specific Limitations: IN NO EVENT SHALL EPS' AGGREGATE LIABILITY FROM ANY WARRANTY, INDEMNITY, OR OTHER OBLIGATION ARISING OUT OF OR IN CONNECTION WITH THIS CONTRACT, OR ANY USE OF ANY EPS PRODUCT PROVIDED HEREUNDER, EXCEED THE TOTAL AMOUNT PAID TO EPS FOR THE PARTICULAR UNITS SOLD UNDER THIS CONTRACT WITH RESPECT TO WHICH LOSSES OR DAMAGES ARE CLAIMED. THE EXISTENCE OF MORE THAN ONE CLAIM AGAINST THE PARTICULAR UNITS SOLD TO BUYER UNDER THIS CONTRACT SHALL NOT ENLARGE OR EXTEND THIS LIMIT.
       
    3. BUYER UNDERSTANDS AND AGREES THAT THE FOREGOING LIABILITY LIMITATIONS ARE ESSENTIAL ELEMENTS OF THIS CONTRACT AND THAT IN THE ABSENCE OF SUCH LIMITATIONS THE MATERIAL AND ECONOMIC TERMS OF THIS CONTRACT WOULD BE SUBSTANTIALLY DIFFERENT.
       
    4. ALL SALES ARE SUBJECT TO THE EPS'S TERMS AND CONDITIONS AND EPS SHALL NOT BE BOUND BY ANY TERM OR CONDITION CONTAINED IN ANY OF BUYER'S PURCHASE ORDERS, FORMS OR OTHER DOCUMENTS. IN NO EVENT SHALL EPS BE LIABLE FOR ANY LOST PROFITS, LOST SALES AND/OR ACTUAL, INCIDENTAL AND/OR CONSEQUENTIAL DAMAGES INCURRED BY BUYER OR BUYER'S CUSTOMERS. 
       
  10. Cancellations and Rescheduling: Any cancellation or rescheduling of product by Buyer less than sixty (60) days before EPS' estimated shipping date for such product may result in a charge to Buyer. Such charge, if any, shall be reasonably determined by EPS based on factors such as whether the product was manufactured specifically for Buyer, EPS' ability to change its production schedule within the period of notice provided by Buyer, whether EPS acquired or allocated particular supplies or equipment to meet Buyer's order and such other factors as reasonably determined by EPS. Orders may be cancelled or rescheduled by Buyer more than sixty (60) days before EPS' estimated shipping date for such product at Buyer's discretion and without charge.
     
  11. Non-waiver of Default: In the event of any default by Buyer, EPS may decline to make further shipments. If EPS elects to continue to make shipments, EPS' action shall not constitute a waiver of any such default or affect EPS' legal remedies for any such default.
     
  12. Governing Law: This contract shall be governed by and interpreted in accordance with the laws of the State of Arizona, without reference to conflict-of-laws principles. If for any reason a court of competent jurisdiction finds any provision of this contract to be unenforceable, that provision will be enforced to the maximum extent possible to effectuate the intent of the parties, and the remainder of this contract will continue in full force and effect. This contract shall not be governed by the United Nations Convention on Contracts for the International Sale of Goods. Buyer agrees that non-exclusive jurisdiction for any dispute arising out of or relating to this contract lies within courts located in the State of Arizona and consents to venue in Maricopa County, Arizona. Notwithstanding the foregoing, any judgment may be enforced in any United States or foreign court, and EPS may seek injunctive relief in any United States or foreign court.
     
  13. Export Control: Buyer agrees to obtain any necessary export license or other documentation prior to the exportation or re-exportation of any product, technical data, software or software source code acquired from EPS under this contract or any direct product of such technical data, software or software source code. Buyer agrees that it is Buyer's responsibility to comply with the Export Administration Regulations of the U.S. Department of Commerce ("EAR").
     
  14. U.S. Government Contracts: If the products are to be used in a U.S. Government contract or subcontract, those mandatory clauses, except as noted below, of the applicable U.S. Government procurement regulations shall be incorporated by reference. Unless otherwise agreed upon in writing, certified cost or pricing data will not be provided and Cost Accounting Standards, Defective Pricing, and Audit requirements will not apply.
     
  15. Assignment: This contract shall not be assignable by Buyer without EPS' prior written consent. Any unauthorized assignment shall be null and void.
     
  16. Entire Agreement: This contract constitutes the entire agreement between the parties relating to the sale of the products and supersedes all previous communications, representations, or agreements, either oral or written, with respect to the subject matter hereof. No prior representations or statements relating to the sale of the products made by any EPS representative, which are not stated herein, shall be binding on EPS. No addition to or modification of any provision of this contract shall be binding upon EPS unless made in writing and signed by a duly authorized EPS representative. No course of dealing or trade usage or course of performance shall be relevant to explain or supplement any term in this contract. These terms and conditions shall prevail notwithstanding any different, conflicting or additional terms and conditions that may appear on any purchase order or other writing not expressly incorporated herein, including but not limited to data sheets, application notes and purchase order acknowledgements. The section headings contained in this contract are for reference purposes only and shall not affect in any way the meaning or interpretation of this contract.
     

 


 This document was last updated on Oct 26th, 2016.