Terms & Conditions of Sale - Greer Springs

GENERAL: This agreement contains all the Terms and Conditions of sale and purchase of the

products named herein and constitutes the complete understanding of the parties with respect
thereto. No modification, extension, or release from any provision hereof shall be effected by
mutual agreement, acceptance of purchase order forms, or otherwise, unless the same shall be in
writing, signed by the other party, and specifically described as an amendment or extension of
this agreement. Buyer must notify Seller at once if the foregoing Terms and Conditions are not
acceptable.

2. PRICE: Prices are based on existing labor and material costs and are subject to revision if either
is revised prior to shipment of total order. Prices include domestic shipment packaging.
Additional charges will be quoted for export packaging. Any subsequent change in Buyers
purchase order may result in a price change.

3. TOOLING: Where a tool charge is made, unless otherwise agreed, such charges shall not be
considered as vesting in Buyer any title to such tools. All such tools will remain the property of
Seller. If this sale includes products to special specifications or unusual sizes or types, the order
is not subject to cancellation except upon payment by Buyer for the special work that has been
performed.

4. TAXES: Buyer will reimburse Seller for any taxes which Seller may be required to pay or
collect under any existing or future law arising out of the sale, purchase, manufacture, delivery,
storage, processing, use consumption or transportation of the products covered by this
agreement.

5. WARRANTY: Claims for errors, deficiencies, or imperfections will not be considered unless
made within 10 days after receipt by the Buyer of the products and unless the Buyer promptly
discontinues the use of said products. Seller warrants only that its products are of good materials
and workmanship. It does not warrant the workmanship of others who may have performed
work upon the products covered by the contract. Seller makes no warrants of freedom from
patent infringement, of merchantability, of fitness for a particular purpose, or arising from a
course of dealing or usage of trade or other like or difference express or implied warranties
except as made above. Should Seller be liable to Buyer, or anyone acquiring or using the goods
sold hereunder, sellers only responsibility, at its election, shall be to either repair or replace the
products delivered or repay the purchase price thereof. In no event will Seller be liable for any
proximate, incidental, consequential or other damages and no such damages shall be
recoverable.

6. SHORTAGES, DAMAGE IN-TRANSIT: Buyer agrees to accept an underrun or overrun on
each individual item ordered, not exceeding 10% of quantity ordered, unless special
arrangements are made by Buyer and accepted by Seller. If the products received by Buyer shall
have been damaged in transit, Buyer shall, within ten (10) days after receipt of such products
give written notice of such damage to the agent of the delivering carrier and in order to
substantiate a formal claim when and if presented, and Buyer shall send a copy of such notice to
Seller. Seller shall only be responsible for damage in transit if the packaging is substantially
ill-suited for the product.

7. DELAY OR NON-PERFORMANCE: Seller shall not be liable for delay or failure in
performance due to any force majeure or similar event including but not limited to fires, floods,
unusually severe weather, strikes, or other differences with workmen, accidents, labor or
material or transportation shortages, war (declared or undeclared) riot, governmental orders or
regulations, legal interferences or prohibitions, defaults on the part of suppliers, or other causes
beyond Sellers reasonable control.

8. SHIPMENT, CANCELLATION OF ORDER BY SELLER: Partial shipments shall be
permitted, and Seller may invoice each shipment separately. Shipments and deliveries shall at all
times be subject to the approval of the Sellers Credit Department. If Seller shall for any reason
be in doubt as to the financial responsibility of Buyer, Seller may decline to make deliveries
except on receipt of cash in advance or other security satisfactory to Seller. If Buyer fails to
fulfill the terms of payment, Seller may cancel the contract.

9. CANCELLATION OR CHANGES OF ORDER BY BUYER: Orders in process may be
cancelled only with Sellers written consent and upon payment of Sellers cancellation charges.
Orders in process may not be changed except with Sellers written consent and upon agreement
by the parties as to an appropriate adjustment in the purchase price.
10. WAIVER OF BREACH: No waiver by Seller of any breach of these provisions shall constitute
a waiver of any other breach.

11. LAWS: To the best of Sellers knowledge and belief, it is in compliance with all local, state and
federal laws and Executive Orders, Rules and Regulations issued thereunder, whether now in
force or hereafter made effective shall be no greater as a result of this agreement and no greater
than required by such laws and Seller expressly disclaims assumptions of any of Buyers
obligations under such laws.