Term & Condition

PURRONIX INC. – TERMS AND CONDITIONS

1. CONDITIONS AND LIMITATIONS No order is binding on Seller until formally acknowledged in writing. Acceptance is limited to these terms, and any conflicting terms in Buyer’s purchase order are expressly rejected. Orders cannot be assigned without Seller’s prior written consent. Amendments or modifications require a written agreement signed by both parties.

2. ERRORS Clerical or typographical errors in quotations, invoices, or acknowledgments are subject to correction by Seller without liability.

3. PAYMENT TERMS Standard terms are Net 30 days from the invoice date, subject to credit approval. Late payments incur interest at 1.5% per month (18% per annum) or the maximum legal rate. Buyer agrees to cover all collection costs, including legal fees, if payment enforcement is necessary.

3A. CREDIT CARD PAYMENTS Credit card payments are accepted in Canadian funds at the time of order placement. No discounts apply to credit card payments, and any payment variance will be processed on the same card at the time of invoicing.

4. TAXES All applicable taxes, duties, and government-imposed charges related to the sale, shipment, or use of goods are the responsibility of the Buyer and will be added to the invoice unless exemption documentation is provided.

5. CANCELLATIONS Orders may only be canceled with Seller’s written authorization and may be subject to cancellation fees based on incurred costs, commitments made, and administrative overhead.

6. DELIVERY Shipping schedules are estimates only. Seller is not liable for delays beyond scheduled dates. Title and risk of loss transfer to Buyer upon shipment.

7. EXCUSABLE DELAYS / FORCE MAJEURE Seller is not liable for non-performance due to causes beyond its reasonable control, including but not limited to acts of God, government actions, labor disputes, accidents, and transportation delays.

8. WARRANTY Seller warrants goods to be free from material defects and conform to agreed specifications at the time of shipment. This warranty is valid for 12 months from the shipment date. The sole remedy is replacement, repair, or refund at Seller’s discretion. Seller disclaims all implied warranties, including merchantability and fitness for a particular purpose. Seller is not liable for incidental or consequential damages.

9. PATENTS Seller indemnifies Buyer against valid patent infringement claims arising solely from the goods provided, except where infringement results from Buyer’s specifications, modifications, or combination with other products.

10. NUCLEAR EXCLUSION If products are used in nuclear applications, Buyer indemnifies Seller against all claims for damages arising from nuclear hazards, including radiation exposure and contamination.

11. STATUTE OF LIMITATIONS Any legal action arising from this agreement must be commenced within one year from the cause of action.

12. ENTIRE AGREEMENT & ASSIGNMENTS This document constitutes the entire agreement and supersedes all prior discussions. No part of this agreement may be assigned without Seller’s written consent.

13. FRAUD AND FALSIFICATION Knowingly providing false information may result in legal action.

14. GOVERNING LAW This Agreement is governed by the laws of the Province of Ontario, Canada.

15. EXPORT COMPLIANCE Buyer is responsible for compliance with applicable export laws and regulations when reselling or transferring goods outside of Canada.

16. CONTACT INFORMATION For inquiries, please contact: Purronix Inc. Email: sale@purronix.com

By purchasing from Purronix Inc., Buyer acknowledges and agrees to these Terms and Conditions.