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Terms & Conditions

Except as may be expressly provided otherwise in writing, these "Standard Terms and Conditions", ("T&Cs") shall apply to all sales or purchase orders, invoices, or other transactional documents between On Electronics, Incorporated and the Customer, named either on the reverse or in documents to which these T&Cs are an attachment, with regard to the Goods and Services described. These T&Cs are incorporated by reference into all Agreements with On Electronics. ALL PROVISIONS OF ANY PURCHASE ORDER, ACKNOWLEDGEMENT, OR OTHER DOCUMENT SUBMITTED BY CUSTOMER TO ON ELECTRONICS NOW OR IN THE FUTURE, INCLUDING, BUT NOT LIMITED TO, FAR AND DFAR PROVISIONS, ARE EXPRESSLY REJECTED AND SHALL NOT BE BINDING UPON ON ELECTRONICS WITHOUT ITS SPECIFIC WRITTEN CONSENT. CUSTOMER ACKNOWLEDGES AND AGREES THAT ON ELECTRONICS? FAILURE TO SPECIFICALLY OBJECT TO THE CONTENTS OF OR MODIFICATIONS WITHIN ANY DOCUMENT SUBMITTED BY CUSTOMER SHALL NOT CONSTITUTE ACCEPTANCE BY ON ELECTRONICS CORPORATION.

1. PRICES AND OTHER CHARGES - Quoted prices are based upon Goods or Services specified and assume normal delivery windows. In the event of changes from the original order including, but not limited to, quantities or delivery dates, On Electronics reserves the right to adjust prices and Customer shall pay the difference, if any. Customer shall pay for freight, insurance, and all charges imposed by government entities including, without limitation, all sales, use, and transfer taxes and all export and import duties. Customer understands that some or all of these additional charges may not appear on original quote or invoice submitted by On Electronics Corporation.

2. TERMS OF PAYMENT - All payments shall be made in US Dollars and terms are net 30 days from the date of invoice. Payments shall be due without regard to whether Customer has inspected or accepted the Goods. If customer delays any shipments, payments are due 30 days from the original date of invoice or the originally scheduled shipment date, whichever is later.

3. LATE CHARGES - If Customer fails to make any payments when due, On Electronics may additionally charge interest equal to 1.5% per month or maximum rate permitted by Law on any portion of Customer?s outstanding balance which is not paid within 30 days from the date of invoice. In the event that legal action is taken by On Electronics, Customer shall be liable for On Electronics? reasonable attorney fees plus all the costs of such legal actions.

4. DELIVERY, RISK OF LOSS AND SHIPMENT - Delivery and completion schedules are approximate only and are based on conditions at the time of acceptance of Customer?s orders. Unless otherwise agreed to in writing, delivery shall be complete upon transfer of possession to common carrier, FOB Shipping point, whereupon all risk of loss, damage or destruction to the Goods shall pass to Customer. In the absence of written agreement to the contrary, means of shipment will be at the discretion of On Electronics. On Electronics reserves the right to make partial shipments and invoice for partial shipments.

5. OVER SHIPMENTS - On Electronics may at its option, increase the aggregate quantity specified on invoices or bill of lading by not more than 5% of original quantity ordered and Customer shall accept and pay for such increased quantity unless timely objection thereto is made after receipt.

6. TITLE - Unless otherwise agreed to in writing, title to the Goods shall remain with On Electronics until all payments hereunder have been made. In the event of a default, On Electronics shall have all the rights and remedies or a secured creditor. Financing or comparable statements under the Uniform Commercial Code or other laws may be filed with the appropriate public authorities and Customer agrees to sign any forms presented by On Electronics from time to time to protect On Electronics? interests.

7. CHANGES AND CANCELLATIONS - orders accepted by On Electronics are not subject to change or cancellation by Customer except with On Electronics? written consent and upon payment of an appropriate charge to cover the costs or loss incurred by On Electronics, which unless agreed to in writing, shall not be less than fifteen percent (15%) of the price of Goods subject to cancellation or changes.

8. WARRANTY - Unless otherwise agreed to in writing, On Electronics warrants that the Goods sold hereunder shall be free from defects in material or workmanship under normal use and Service for a period of one (1) year from the date of shipment. No warranty shall apply to any Goods which have been modified, reworked or altered by persons other than On Electronics personnel including, but not limited to, Goods that become defective due to misuse, neglect, improper installation, soldering, or handling in non ESD environment or accident. On Electronics? obligation under this warranty is limited to the repair or replacement, at On Electronics? option, of defective parts or Goods. On Electronics reserves the right to grant credit for the value charged for the Goods found to be defective under the terms of the warranty. This warranty is made on the condition that immediate written notice of any defects be given to On Electronics and On Electronics? inspection reveals that the Customer?s claim is valid under the terms of the Warranty. No returns shall be accepted unless accompanied by an authorized RMA number issued by On Electronics. THIS WARRANTY IS IN LIEU OF ALL OTHER WARRANTIES, EXPRESSED OR IMPLIED, WARRANTY OF MERCHANTABILITY OR FITNESS FOR PARTICULAR PURPOSES, AND SUCH CONSTITUTES THE ONLY WARRANTY MADE WITH RESPECT TO THE GOODS.

9. DAMAGES - IN NO EVENT SHALL ON ELECTRONICS BE LIABLE FOR ANY INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS) ARISING FROM OR RELATED TO A BREACH OF WARRANTY, THE USE OR PERFORMANCE OF THE GOODS, NEGLIGENCE OR OTHER TORT, OR OTHERWISE ARISING OUT OF THE AGREEMENT, EVEN IF ADVISED OF THE POSSIBILITIES OF SUCH DAMAGES. ON ELECTRONICS? MAXIMUM LIABILITY UNDER ANY LEGAL THEORY SHALL IN NO EVENT EXCEED THE TOTAL CONTRACT PRICE LESS THE CONTRACT PRICE FOR ANY SERVICES PROVIDED OR CONFORMING GOODS DELIVERED. THE FOREGOING LIMITATION SHALL APPLY NOTWITHSTANDING THAT ANY OTHER PROVISION IS DEEMED TO HAVE FAILED ITS ESSENTIAL PURPOSE.

10. RESCHEDULING AND CANCELLATIONS - Customer may reschedule or terminate this Agreement upon 120 days prior written notice to On Electronics. In such event, Customer shall be liable for termination charges calculated by On Electronics, which may be based upon, but not limited to, any Goods actually delivered or to be delivered, work in progress, costs incurred, commitments made by On Electronics for other Goods and Services, including all direct and indirect costs, and On Electronics? anticipated profit for the entire Agreement.

11. SERVICES - Development and design work, including, but not limited to, nonrecurring engineering, "NRE", and some form of testing, that may be requested as a part of this Agreement shall be considered Services and are provided on a reasonable effort basis. On Electronics retains sole discretion to assign and control its staff resources in the performance of Services. Development times and milestones are estimates only and are subject to the inherent variations normally associated with such efforts. No guarantees, warranties or representations are made with regard to the success, timeliness, or effectiveness of the Service.

12. FORCE MAJEURE - On Electronics will make every effort to complete shipment, but shall not be liable for any loss or damage, for delays on delivery due to causes beyond its control including, but not limited to, fire, acts of God, acts of Government or compliance with government rules or regulations, insurrection, sabotage, earthquakes, strike, civil disturbances, storm, flood, transportation, or shipping problems.

13. NON-WAIVER OF DEFAULT - In the event of default by the Customer, On Electronics may decline to make any further shipments. If On Electronics elects to continue to make shipments, On Electronics? actions shall not constitute a waiver of any default by Customer, nor in any way affect On Electronics? other rights and remedies. On Electronics? failure to insist upon the strict performance of any provisions of this Agreement shall not be deemed a waiver of any subsequent defaults.

14. DISPUTE RESOLUTION - If customer fails to perform any of its obligations under this Agreement, Customer shall pay On Electronics all costs and expenses incurred by On Electronics in enforcing its rights under this Agreement, whether by formal proceedings or otherwise, including all attorneys? fees. Any dispute shall be resolved by binding arbitration in accordance with the rules of American Arbitration Association or other mutually agreed upon dispute resolution forum. Judgment upon the award rendered may be entered in any upon dispute resolution forum. Judgment upon the award rendered may be entered in any court. The parties agree and consent to the jurisdiction and venue of the California courts, County of Santa Clara, for any litigation that may not be subject to arbitration. This Agreement shall be governed by the laws of the State of California except for that portion known as Conflict of Laws.

15. PATENT, TRADEMARK, AND OTHER INFRINGEMENT CLAIMS - If some or all of the Goods and Service sold hereunder are made by On Electronics pursuant to drawings or specifications furnished by the Customer, should a claim be made that such Goods or Services infringe the rights of any third party under patent, trademark or otherwise, Customer shall indemnify and hold On Electronics harmless against any liability or expense, including reasonable attorney fees, incurred by On Electronics in connection herewith. Any product or part not manufactured by On Electronics, which is part of or has been incorporated in the Goods, is furnished subject only to the manufacturer?s patent warranties, if any, and without warranties expressed or implied by On Electronics.

16. GENERAL
16.1 - DESIGNS AND TRADE SECRETS DISCLOSURE BY ON ELECTRONICS
- Any drawings, data, designs, software programs, or other technical information supplied by On Electronics to Customer in connection with the Sale of Goods shall remain On Electronics? property and be held in confidence by Customer. Such information shall not be reproduced or disclosed to others without On Electronics? prior written consent.

16.2 - ASSIGNMENT - Customer shall not assign this order, any interest therein, or any rights thereunder without prior written consent.

16.3 - MODIFICATION - This Agreement may not be changed, modified, or amended, except in writing signed by authorized representatives of On Electronics.

16.4 - HEADINGS - The headings of sections are for reference only and shall be given no substantive effect whatsoever.

17. EXPORT - These commodities may be subject to U.S. Government export controls. Diversion contrary to U.S. Law may be prohibited, export may require validated export license.

 

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