Locknetics 2018 Price Book Pricebook Catalog

order” or “order” for the purposes of this Agreement include the term “request for quotation,” as appropriate; (c) This Agreement supersedes all pre-printed or boilerplate terms and

conditions set forth in any purchase order issued by Customer; (d) No reference herein to Customer’s purchase order will in any way incorporate different or additional terms and

conditions, all of which Company hereby expressly objects to; (e) ANY ACCEPTANCE BY COMPANY OF CUSTOMER'S PURCHASE ORDER IS EXPRESSLY CONDITIONED ON THE

CUSTOMER'S ASSENT TO AND ACCEPTANCE OF THE TERMS AND CONDITIONS CONTAINED IN THIS AGREEMENT; (f) Company reserves the right to decline any order, in whole

reference any applicable pricing discounts under an ongoing buying program or based on a written quote from Company, along with the applicable buying program number or

quotation number, and (vii) not combine buying program and quoted product on the same order.

b. Minimum Orders. In the event the order value does not meet any required minimum net Deliverable value, Company may, at its sole discretion, (i) increase the quantity of items

in the order to meet the minimum net Deliverable value requirement; (ii) apply a minimum order charge; (iii) reject the order, or (iv) waive the requirement, provided that the

waiver of a requirement for one order shall not constitute a waiver of the requirement for any future orders.

whether Company accepts or rejects the purchase order. If Company fails to accept or reject a purchase order within a reasonable time period, such failure to respond will be

deemed a rejection of the entire order. Orders that combine buying program and quoted product on the same order will not be accepted and are hereby rejected by Company.

d. Changes to Order/Cancellation of Orders. Additional terms and conditions regarding order changes and cancellations are available on the Allegion customer website, WHICH

TERMS ARE EXPRESSLY INCORPORATED HEREIN BY REFERENCE. Unless otherwise provided herein, Customer acknowledges that (i) requesting a Change Order may cause a

cancelled orders for a Non Recurring Expense (NRE), credential orders, reader orders, biometrics orders, and/or Custom orders will be subject to a cancellation charge of 100%

of the acknowledged price.

individual basis.

f. Fast-Track Orders. No changes or cancellations will be accepted on the 24-Hour Fast Track Program. For 3-day Fast Track orders, changes and cancellations may only be

requested by Customer within 24 hours of Company’s order acknowledgment if the order has not shipped. For 5-Day Fast Track orders, changes and cancellations may only be

requested by Customer if the order has not shipped and if the request is made to Company within 48 hours of Company’s order acknowledgment. Return Material Authorization

(RMA) for Deliverables must be processed through Fast Track Customer Service.

provided that the order has not shipped. Some exceptions do apply – please consult the factory. Changes are not allowed on Rapid Program orders aer the order has been

requests special packing, marking, shipment, product modification, or engineering services. Oral prices specified by Company are null and void. Quote numbers must be

referenced on Customer’s purchase order in order for the Company’s quoted pricing to apply. Orders that do not reference a quote number will receive buy program pricing or

book net pricing. Quoted prices are for those specific products quoted for a specified job, and are subject to the Price Book in effect at the time Company receives the order.

b. Taxes. Prices do not include any present or future federal, state or local property, license, privilege, sales, use, excise, gross receipts or other like taxes or assessments which may

result from transactions or any services performed in connection therewith. Any taxes, charges, or duties imposed by any governmental authority on the sale of Deliverables will

be paid by Customer, in addition to the selling price specified by Company.

invoice date (subject to any early pay discounts that may be offered to Customer by Company in its sole discretion). Customer will make all payments in United States dollars.

Past due invoices will be subject to a late payment service charge of 1.5% per month on any overdue unpaid balance, equivalent to 18% per annum, or the maximum rate

permitted by law, whichever is less. Customer shall reimburse Company for all costs of collection, including, without limitation, reasonable attorneys' fees, for any overdue

products. Deliverables purchased under Stock Quotations cannot be redistributed to other Customer branch locations or re-sold to other resellers or used for aermarket sales,

end-user annual contracts or sold over the counter to any walk in trade.

order referencing the applicable quote number. Company, its representatives and employees reserve the right, in their sole discretion and for any reason, to refuse a Customer’s

request to quote a price other than the standard list price, regardless of whether Company or its representatives or employees have previously quoted discounted prices to the

Customer on some or all of its orders. Customer’s failure to comply with this Section 4 will be considered a material breach of this Agreement, and will entitle Company to

immediately terminate any purchase orders and/or Customer’s ability to distribute Company’s products.

Deliverable sold by Company to Customer, wherever located, until the invoice for the applicable Deliverable(s) is paid in full, including any late charges and costs of collection.

Customer authorizes Company to, and will assist Company in, taking all necessary steps to perfect and maintain Company’s interest in such Deliverables.

discretion. Failure to comply with such program(s) will be considered a material breach of this Agreement, and will entitle Company to immediately terminate any purchase order

and/or Customer’s ability to distribute Company’s products. Customer shall, at its own expense, gain and maintain sucient knowledge of the industry and products competitive

with Deliverables so as to be able to (a) explain in detail to End Users, installers, and/or general contractors the differences between the Deliverables and competing products, (b)