Terms and Conditions of Sales Transaction

Desivikreta Electronics LLP, d/b/a Desivikreta Electronics (“Seller”) desires to provide its customers with prompt and efficient service. However, to negotiate individually the terms and conditions of each contract would substantially impair Seller’s ability to provide such service. Accordingly, products furnished by Seller are sold only on the terms and conditions stated herein. Notwithstanding any terms or conditions of Buyer’s order, any sale by Seller to Buyer is expressly made conditional on Buyer’s agreement to Seller’s Terms and Conditions. Any conflicting, additional or different statements or terms listed on the Buyer’s purchase orders, invoices, confirmations or other Buyer generated documents, whether heretofore or hereafter submitted, are of no effect.

1. ACCEPTANCE AND CANCELLATION OF ORDERS

All orders are subject to acceptance in writing by Seller. Any written acknowledgment or receipt of an order shall not, in and of itself, constitute such acceptance. Orders accepted by Seller may be cancelled by Buyer only upon written consent of Seller provided such order is not "NC/NR" or "Non-Cancelable/Non-Returnable", "Non-Standard Products" or governed by a Purchase Agreement Letter. Non-Standard Products are defined as Products that are special orders, custom orders, orders for non-standard products, products not customarily in stock or orders for value-added products. Non-standard products are non-cancelable and non-refundable. In the event of cancellation or other withdrawal of an order for any reason, and without limiting any other remedy which Seller may have as a result of such cancellation or o ther withdrawal, cancellation or restocking charges, which shall include all expenses then incurred on commitments made by Seller, shall be paid by Buyer to Seller. Buyer requests to reschedule are subject to acceptance by Seller in its sole discretion. Orders may not be cancelled or rescheduled after the order has been submitted by Seller to the shipment carrier. Seller reserves the right to allocate sales and limit quantities of selected goods among its Buyers in its sole discretion. Good specifications and availability are subject to change without prior notice.

2. Terms Of Payment

All payments must be made in the currency billed on the original invoice. For All Orders Customer agree to pay the entire net amount of each invoice from Desivikreta Electronics pursuant to the terms of each such invoice, without offset or deduction.

Orders are subject to credit approval by Desivikreta Electronics, which may in its sole discretion at any time change the terms of Customer's credit, require payment in cash, bank wire transfer/EFT or by official bank cheque , and/or require payment of any or all amounts due or to become due for Customer's order before shipment of any or all of the Products.

If Desivikreta Electronics reasonably believes that the Customer's ability to make payments may be impaired or if Customer fails to pay any invoice when due, Desivikreta Electronics may suspend delivery of any order or any remaining balance thereof, until such payment is made or cancel any order or any remaining balance thereof. Customer will remain liable to pay for any Products already shipped and all Non-Standard Products ordered by Customer. Customer agrees to submit such financial information as Desivikreta Electronics may reasonably require for determination of credit terms and/or continuation of credit terms.

Cheques are accepted subject to collection and the date of collection will be deemed the date of payment. Any cheque received from Customer may be applied by Desivikreta Electronics against any obligation owing by Customer to Desivikreta Electronics under this or any other contract, regardless of any statement appearing on or referring to such cheque, without discharging Customer's liability for any additional amounts owing by Customer to Desivikreta Electronics. The acceptance by Desivikreta Electronics of such chequer will not constitute a waiver of Desivikreta Electronics 's right to pursue the collection of any remaining balance. Invoices not paid when due will bear interest to date of payment at the annual rate of eighteen (18%) percent or such lower rate as may be the maximum permitted by law. If Customer fails to make payment when due, Desivikreta Electronics may pursue any legal or equitable remedies, in which event Desivikreta Electronics will be entitled to reimbursement of costs for collection and reasonable attorneys' fees. There is a service charge on all returned cheques.

3. PRICES AND TAXES

Orders are billed at the prices in effect at the time of shipment. Prices will be as specified by Desivikreta Electronics and will be applicable for the period specified in Desivikreta Electronics 's quote. If no period is specified, quoted prices will be applicable for Seven (7) days. Prices are exclusive of taxes, duties (including but not limited to tariffs), impositions and other charges, including sales, use, excise, value-added and similar taxes or charges imposed by any government authority, international shipping charges, forwarding agent's and broker's fees, bank fees, consular fees, and document fees payment of which shall be Buyer’s responsibility. In the event Seller receives notification from the manufacturer after an order has been accepted but prior to shipment that the price of the good has increased, Seller shall be entitled to increase the price of the good commensurate with such increase, and the Buyer shall either accept such price increase or terminate the order.

Customer will remit the correct tax unless customer is tax exempt and Desivikreta Electronics has a valid signed tax exemption certificate on file.

INTERNATIONAL SHIPMENTS - Buyer shall be responsible for all applicable VAT, PST, HST, and/or GST charges along with brokerage fees, which shall be due at the time of delivery.

4. RETURNS

Returns that are not NC/NR will be accepted if a request for return is received within seven (7) days of the invoice date. If Buyer desires to return goods, Buyer must contact a Seller sales representative to request a Return Material Authorization (“RMA”) number. The goods must be returned as directed by the location issuing the RMA. The RMA number must be clearly visible on each return package, and all returns must be accompanied by the original invoice number, be in the original packaging, and be in resalable condition. A Military Specification (“Mil-Spec”) good purchased from Seller is liable to be considered non-cancelable and nonreturnable. To the extent that Seller purchases a good from a manufacturer specifically for Buyer, such goods may be Non-Cancelable/Non-Returnable. If the RMA is approved:

A. Buyer is responsible for all shipping costs for return of the goods to Seller.

B. Any merchandise approved for return by Seller is subject to a restocking fee.

C. RMA is only valid for 45 days after RMA has been issued to the Buyer.

5. COUNTERFEIT PRODUCT PREVENTION CLAUSE

Only products originally shipped from Desivikreta Electronics or from a supplier at Desivikreta Electronics's direction (drop-ship) will be returned to Desivikreta Electronics. All others will be promptly quarantined and disposed of or returned to the customer. By a Customer returning products to Desivikreta Electronics, the Customer certifies that the products were purchased from Desivikreta Electronics and there has been no substitution in whole or part of same product from another supplier, distributor or other such source of the product. The return should be in the original packaging (manufacturer or Desivikreta Electronics), in unused condition (except defective). ESD sensitive products should not be opened except under controlled conditions.

6. DELIVERY AND TITLE

All shipments by Desivikreta Electronics are F.O.B. point of shipment from Desivikreta Electronics's facility and the amount of all transportation charges will be paid to Desivikreta Electronics by the Customer in addition to the purchase price of the Products. Subject to Desivikreta Electronics 's right of stoppage in transit, delivery of the Products to the carrier will constitute delivery to Customer and title and risk of loss will pass to Customer. Desivikreta Electronics will make reasonable efforts to initiate shipment and schedule delivery as close as possible to Customer's requested delivery date(s). Customer acknowledges that delivery dates provided by Desivikreta Electronics are estimates only and that Desivikreta Electronics will not be liable for failure to deliver on such dates. Selection of the carrier and delivery route will be made by Desivikreta Electronics unless specifically designated by Customer. Desivikreta Electronics reserves the right to make deliveries in installments. Delay in delivery of one installment will not entitle Customer to cancel any other installment(s). Delivery of any installment of Products within thirty (30) days after the date requested will constitute a timely delivery. Delivery of a quantity that varies from the quantity specified shall not relieve Customer of the obligation to accept delivery and pay for the Products delivered.

7. FORCE MAJEURE

Desivikreta Electronics will not be liable for delays in delivery or for failure to perform its obligations due to causes beyond its reasonable control including, but not limited to, product allocations, material shortages, labor disputes, transportation delays, unforeseen circumstances, acts of God, acts or omissions of other parties, acts or omissions of civil or military authorities, Government priorities, fires, strikes, floods, severe weather conditions, computer interruptions, terrorism, epidemics, quarantine restrictions, riots or war. Desivikreta Electronics 's time for delivery or performance will be extended by the period of such delay or Desivikreta Electronics may, at its option, cancel any order or remaining part thereof, without liability by giving notice to Customer.

8. SHORTAGES

Any claims of shortage must be reported to Seller within four days after receipt of shipment.

9. LIMITED WARRANTIES AND REMEDIES

Seller warrants that, at the time of delivery, the goods covered hereby are in accordance with their manufacturer’s specifications, but makes no other warranty with respect to such goods. Seller agrees, as Seller shall elect, to credit the account of Buyer or replace without charge to Buyer all goods which at the time of delivery are not in such condition, but only if Buyer returns such goods within 20 days from the date of delivery, in original package and condition of delivery, without their numbers or any part thereof altered, defaced, or removed, to Seller’s plant of shipment, accompanied by a specification in writing of the defects involved. In no event shall Seller’s liability hereunder exceed the Buyer’s purchase price. Buyer shall notify Seller in each instance when Buyer intends to return goods which Buyer believes are not in accordance with such original condition and Seller shall be entitled to examine such goods at Buyer’s facilities prior to their return. Final inspections and conclusive determination whether goods are in accordance with such original condition shall be made at Seller’s plant, or may be based upon the manufacturer’s actual test report. SELLER’S SOLE LIABILITY SHALL BE AT ITS OPTION TO CREDIT THE ACCOUNT OF BUYER OR TO REPLACE GOODS WHICH ARE NOT IN ACCORDANCE WITH SELLER’S LIMITED WARRANTY IN ACCORDANCE WITH THE TERMS HEREOF AND IN NO EVENT SHALL SELLER BE LIABLE FOR INCIDENTAL, CONSEQUENTIAL OR OTHER DAMAGE OF ANY KIND. The foregoing remedy as provided herein shall be the sole and exclusive remedy of the Buyer. In no event shall the liability of Seller relating in any way to any good exceed the purchase price for such good, regardless of the legal theory asserted for such liability, whether in contract, tort, warranty or otherwise. Buyer acknowledges that the amounts payable for the goods are based in part on these limitations, and Buyer further agrees that these limitations shall apply notwithstanding any failure of essential purpose of any limited remedy. Some states may not allow the exclusion or limitation of incidental or consequential damages. In the event a state does not, the above exclusion or limitation shall apply to the maximum extent allowed by law. EXCEPT AS STATED IN THIS SECTION, THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED (EITHER IN FACT OR BY OPERATION OF LAW), INCLUDING WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF MERCHANTABILITY OR OF FITNESS FOR PARTICULAR PURPOSE, WHICH EXTEND BEYOND THOSE EXPRESSLY PROVIDED FOR ON THE FACE HEREOF. SELLER SHALL NOT BE LIABLE FOR ANY DAMAGES DUE TO DELAY IN DELIVERIES, SERVICE, USE OR OTHER PERFORMANCE AS SPECIFIED IN THIS AGREEMENT.

10.TECHNICAL DATA

Buyer shall not use, duplicate or disclose any technical data delivered or disclosed by Seller to Buyer for any purpose other than for installation, operation or maintenance of goods purchased by Buyer without Seller’s prior written consent. Further, to the extent Seller offers technical assistance or suggests alternative parts based on technical information available to Seller, Seller DOES NOT GUARANTEE that this assistance is correct or that suggested part alternatives are based on the most recent data or that our interpretation and accuracy of the data is correct. Buyer is solely responsible for confirming the validity of the assistance and the specifications as well as determining the appropriateness and compatibility in selecting part(s) for their application.

11. LIMITATION OF LIABILITIES

IN NO EVENT SHALL Desivikreta Electronics BE LIABLE FOR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY NATURE including, but not limited to, damages resulting from loss of profit or revenue, recall costs, claims for service interruptions or failure to supply downtime, testing, installation or removal costs, costs of substitute products, property damage, personal injury, death or legal expenses. Customer's recovery from Desivikreta Electronics for any claim shall not exceed the purchase price paid by Customer for the goods, irrespective of the nature of the claim, whether in warrant, contract or otherwise. CUSTOMER SHALL INDEMNIFY, DEFEND AND HOLD Desivikreta Electronics HARMLESS FROM ANY CLAIMS BROUGHT BY ANY PARTY REGARDING PRODUCTS SUPPLIED BY Desivikreta Electronics AND INCORPORATED INTO THE CUSTOMER'S PRODUCT.

12. INTELLECTUAL PROPERTY

If an order includes software or other intellectual property, such software or other intellectual property is provided by Desivikreta Electronics to Customer subject to the copyright and user license, the terms and conditions of which are set forth in the license agreement accompanying such software or other intellectual property. Nothing herein shall be construed to grant any rights or license to use any software or other intellectual property in any manner or for any purpose not expressly permitted by such license agreement. Unopened software may be returned for credit. Opened software may not be returned unless defective.

13. DESIVIKRETA ELECTRONICS CORPORATE RoHS COMPLIANCE AND LEAD-FREE POLICY

It is the policy of Desivikreta Electronics to identify and offer products to the Customer as RoHS Compliant or Lead Free, only after specific requirements have been met. Desivikreta Electronics performs no testing of product and relies solely on the manufacturer of the product for identification of RoHS Compliance and for absence of lead. Furthermore, Desivikreta Electronics makes no warranty, certification or declaration of compliance concerning said Products. Product is advertised or offered as RoHS Complaint or Lead-Free only after sufficient evidence is received from the component manufacturer; and any inventory, either in a bin or on order, has been determined to be RoHS compliant and/or Lead Free. Any relevant evidence will be filed and maintained for at least four years from the date of receipt. Desivikreta Electronics defines the term "RoHS" as supplier declared compliance to all restricted hazardous substance regulations under the ELV, WEEE or RoHS EU directives, regulations or laws. Desivikreta Electronics defines the term "Lead Free" as pertaining to any product that has been declared by a Supplier to be "Lead Free". All statements by Desivikreta Electronics of RoHS compliance are based on producer documentation.

14. INFRINGEMENT DISCLAIMER

Notwithstanding section 2- 312 of any applicable version of the Uniform Commercial Code or any other similar law, Seller (i) expressly disclaims any and all warranties against third party claims for infringement or the like, and (ii) shall have no obligation of any kind to the Buyer for claims brought by third parties against the Buyer for infringement or the like arising out of or in any way related to goods purchased by the Buyer from Seller.

15. GOOD COUNTRY OF ORIGIN

When provided by the manufacturer, Seller maintains country of origin information on goods in its inventory. Such information does not include the country of origin of each raw material or subcomponent that is incorporated into the manufacturer's final good. Upon request, Seller will provide to Buyer the manufacturer-provided country of origin information.

16. GEOGRAPHIC LIMITATIONS ON USE

Although Seller’s website is accessible worldwide, not all goods offered by Seller are available to all persons or in all geographic locations. Seller reserves the right to limit the availability and/or quantity of its goods to any person, geographic area or jurisdiction. Buyer agrees to comply with all applicable laws and local rules regarding the transmission of technical data, acceptable content and online conduct.

17. GOOD SAFETY NOTICE AND RESTRICTIONS

Goods are intended for commercial use only. Seller does not determine the specifications or conduct any performance or safety testing of any goods that it sells. Specification sheets provided to Buyers are produced by the manufacturer or transcribed from information provided by the manufacturer. Seller is not a Qualified Manufacturers List (QML) supplier or a supplier of Qualified Product Listing (QPL) components. Buyer agrees that all purchases are for commercial or other applications that do not require QPL components. Any reference to military specifications on Seller's website is for reference only and does not modify these terms and conditions. Seller does not participate in any good safety engineering, good safety review or good safety testing. Seller cannot provide any safety testing, safety evaluation or safety engineering services.

18. NO USE AS CRITICAL COMPONENTS

Goods sold by Seller are not designed, intended or authorized for use in life support, life sustaining, human implantable, nuclear facilities, flight control systems, or other applications in which the failure of such goods could result in personal injury, loss of life or catastrophic property damage. This includes, but is not limited to, Class D medical devices as defined by the INDIA’s Central Drugs Standard Control Organisation (CDSCO) and Ministry of Civil Aviation or other airworthiness applications. If Buyer uses or sells the goods for use in any such applications:

(1) Buyer acknowledges that such use or sale is at Buyer's sole risk;

(2) Buyer agrees that Seller and the manufacturer of the goods are not liable, in whole or in part, for any claim or damage arising from such use; and

(3) BUYER AGREES TO INDEMNIFY, DEFEND AND HOLD SELLER AND THE MANUFACTURER OF THE GOODS HARMLESS FROM AND AGAINST ANY AND ALL CLAIMS, DAMAGES, LOSSES, COSTS, EXPENSES AND LIABILITIES ARISING OUT OF OR IN CONNECTION WITH SUCH USE OR SALE.

19. INDEMNIFICATION

Buyer understands and agrees that it is personally responsible for its use or inability to use the goods or Buyer's reliance upon any information or recommendation provided by Seller’s personnel. Buyer agrees to indemnify, defend and hold harmless Seller and its business partners, employees and agents from and against all claims, losses, expenses, damages and costs (including, but not limited to, direct, incidental, consequential, exemplary and indirect damages), and reasonable attorneys' fees, resulting from or arising out of Buyer's use, misuse, or inability to use the goods or the Seller’s website, Buyer's reliance upon any information or recommendation provided by Seller’s personnel, or any violation by Buyer of this Agreement.

20. EXPORT CONTROL

Seller is committed to compliance with all India Export Regulations and Laws. Seller will not sell or ship to countries embargoed by the INDIA (FTDR ACT). Seller will not sell or ship to individuals or organizations identified by the INDIA FTDR (Foreign Trade Development and Regulation Act 1992) as Specially Designated Nationals and Blocked Persons. Seller will not sell or ship goods prohibited under Export Administration Regulations to individuals or organizations identified by the INDIA Department of Commerce, Bureau of Industry and Security (BIS). Seller will not seek export licenses pursuant to Export Administration Regulations. Seller participates in BIS Export Enforcement and OFAC transaction reporting. Furthermore, Seller prohibits the re-export, brokering or transshipment of its goods to any individual, organization or country prohibited by the OFAC or BIS. The sale, resale or other disposition of goods, and any related technology or documentation, are subject to the export control laws, regulations and orders of INDIA and may be subject to the export and/or import control laws and regulations of other countries. Buyer agrees to comply with all such laws, regulations and orders. Buyer further acknowledges that it shall not directly or indirectly export any goods to any country to which such export or transmission is restricted or prohibited. Buyer acknowledges its responsibility to obtain any license to export, re-export or import as may be required. Any use made of Seller classifications, whether it be ECCNs or any variation of Harmonized Tariff codes, is without recourse to Seller and at the user's risk. Export classifications are subject to change. If Buyer exports or re-exports, Buyer, as the exporter of record, is responsible for determining the correct classification of any item at the time of export. Any export classification by Seller is for Seller's internal use only and shall not be construed as a representation or warranty regarding the proper export classification not called upon to make licensing determinations.

21. INTEGRATION AND ASSIGNMENT

These Terms and Conditions contain the entire and only agreement between the parties with respect to the goods, and any representation, promise or warranty herein not specifically incorporated herein in writing shall not be binding on either party. These Terms and Conditions may be modified only by a writing signed by Seller.

22. GENERAL AND GOVERNING LAW

The Terms and Conditions may not be modified or cancelled without Desivikreta Electronics 's written agreement. Accordingly, goods furnished and services rendered by Desivikreta Electronics are sold only on the terms and conditions stated herein. The sale of Products hereunder will be governed by the Terms and Conditions, notwithstanding contrary or additional terms and conditions in any order purchase order, planning schedule, acknowledgment, confirmation or any other form or document issued by either party affecting the purchase and/or sale of Products. Notwithstanding any terms and conditions on Customer's order, the information and conditions on the Credit Application are controlling over Customer and Desivikreta Electronics. Any conflicting statements or terms listed on the Customer purchase orders, invoices, confirmations or other Customer generated documents ("Customer Documents"), whether heretofore or hereafter submitted, are negated by submission of the Credit Application and the issuance of credit by Desivikreta Electronics, and all different or additional terms and conditions contained in any Customer Documents are hereby objected to by Desivikreta Electronics. Desivikreta Electronics 's performance of any contract is expressly made conditional on Customer's agreement to Desivikreta Electronics's Terms and Conditions of Sale, unless otherwise specifically agreed upon in writing by Desivikreta Electronics. In the absence of such agreement, commencement of performance and/or delivery shall be for Customer's convenience only and shall not be deemed or construed to be acceptance of Customer's terms and conditions or any of them. If a contract is not earlier formed by mutual agreement in writing, acceptance by Customer of any goods or services shall be deemed acceptance by Customer of the terms and conditions stated herein. No rights, duties, agreements or obligations hereunder, may be assigned or transferred by operation of law, merger or otherwise, without the prior written consent of Desivikreta Electronics. The obligations, rights, terms and conditions hereof will be binding on the parties hereto and their respective successors and assigns. The waiver or breach of any term, condition or covenant hereof, or default under any provision hereof, will not be deemed to constitute a waiver of any other term, condition, or covenant contained herein, or of any subsequent breach or default of any kind or nature. Any provision hereof which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof in that jurisdiction, or affecting the validity or enforceability of such provision in any other jurisdiction. The Terms and Conditions will be governed by and construed in accordance with the laws of the state of DELHI and the applicable laws of the INDIA.

APPLICABILITY

This purchase order is an offer by Desivikreta Electronics LLP. (the "Buyer") for the purchase of the goods (“Goods”) and/or services (“Services”)(the Goods and/or Services purchased hereunder may also be referred to individually or collectively as the “Purchased Items”) specified on the face of this purchase order from the party to whom the purchase order is addressed (the "Seller") in accordance with and subject to these terms and conditions (the "Terms"; together with the terms and conditions on the face of the purchase order, the "Order"). This Order, together with any documents incorporated herein by reference, constitutes the sole and entire agreement of the parties with respect to the Order, and supersedes all prior or contemporaneous understandings, agreements, negotiations, representations and warranties, and communications, both written and oral, with respect to the subject matter of the Order. The Order expressly limits Seller's acceptance to the terms of the Order. These Terms prevail over any terms or conditions contained in any other documentation and expressly exclude any of Seller's general terms and conditions of sale or any other document issued by Seller in connection with this Order. These Terms apply to any repaired or replacement Purchased Items provided by Seller hereunder. Buyer is not obligated to any minimum purchase or future purchase obligations under this Order.

ACCEPTANCE

This Order is not binding on Buyer until Seller accepts the Order in writing or starts to perform in accordance with the Order. If Seller does not accept the Order in writing or provide written notice that it has commenced performance within ten (7) days of Seller's receipt of the Order, Buyer may withdraw the Order at any time before it is accepted by Seller.

DELIVERY DATE

Seller shall deliver Purchased Items on the date(s) pecified in this Order or as otherwise agreed in writing by the parties (the "Delivery Date"). Timely delivery of Purchased Items is of the essence. If Seller fails to deliver Purchased Items in full on the Delivery Date, Buyer may terminate the Order immediately by providing written notice to Seller, and Seller shall indemnify Buyer against any losses, claims, damages, and reasonable costs and expenses directly attributable to Seller's failure to deliver Purchased Items on the Delivery Date. Buyer has the right to return any Goods delivered prior to the Delivery Date at Seller's expense, and Seller shall redeliver such Goods on the Delivery Date.

QUANTITY

If Seller delivers more or less than the quantity of Goods ordered, Buyer may reject all or any excess Goods. Any such rejected Goods shall be returned to Seller at Seller's risk and expense. If Buyer does not reject Goods and instead accepts the delivery of Goods at the increased or reduced quantity, the Price for the Goods shall be adjusted on a pro-rata basis.

DELIVERY LOCATION

All Goods shall be delivered to the address specified in this Order (the "Delivery Location") during Buyer's normal business hours or as otherwise instructed by Buyer. All Services shall be provided at Seller’s address and/or Buyer’s address specified in this Order, or at such other locations as mutually agreed in writing by Buyer and Seller.

SHIPPING TERMS

Delivery of Goods shall be made according to the terms listed on the Purchase order. Seller shall give written notice of shipment to Buyer when Goods are delivered to a carrier for transportation. Seller shall provide Buyer all shipping documents, including the commercial invoice, packing list, air waybill/bill of lading and any other documents necessary to release Goods to Buyer. The Order number must appear on all shipping documents, shipping labels, bills of lading, air waybills, invoices, correspondence and any other documents pertaining to the Order. All international shipments of Goods must have accurate import and/or export values. Buyer will not accept charges other than for the carriage of the goods unless previously agreed in writing.

TITLE AND RISK OF LOSS

Title to Goods passes to Buyer upon delivery of Goods to the Delivery Location. Seller bears all risk of loss or damage to the Goods until delivery of Goods to the Delivery Location.

PACKAGING

All Goods shall be packed for shipment according to Buyer's instructions or, if there are no instructions, in a manner sufficient to ensure that the Goods are delivered in undamaged condition. All Goods must be packaged in accordance with IPC/JEDEC J-STD-033 for moisture sensitive Goods and JESD625 for ESD sensitive Goods. Seller must provide Buyer prior written notice if it requires Buyer to return any packaging material. Any return of such packaging material shall be made at Seller's expense.

AMENDMENT AND MODIFICATION

No change to this Order is binding upon Buyer unless it is in writing, specifically states that it amends this Order and is signed by an authorized representative of Buyer.

INSPECTION AND REJECTION OF NONCONFORMING GOODS

The Buyer has the right to inspect Goods on or after the Delivery Date. Buyer, at its sole option, may inspect all or a sample of Goods, and may reject all or any portion of Goods if it determines the Goods are nonconforming or defective. All Goods substitutions will be rejected. If Buyer rejects any portion of Goods, Buyer has the right, effective upon written notice to Seller, to: (a) rescind the Order in its entirety; (b) accept the Goods at a reasonably reduced price; or (c) reject the Goods and require replacement of the rejected Goods. If Buyer requires replacement of the Goods, Seller shall, at its expense, promptly replace the nonconforming Goods and pay for all related expenses, including, but not limited to, transportation charges for the return of the defective Goods and the delivery of replacement Goods. If Seller fails to timely deliver replacement Goods, Buyer may replace them with goods from a third party and charge Seller the cost thereof and terminate this Order for cause pursuant to Section 21. Any inspection or other action by Buyer under this Section shall not reduce or otherwise affect Seller's obligations under the Order, and Buyer shall have the right to conduct further inspections after Seller has carried out its remedial actions. Goods that are determined to be counterfeit will be deemed to have 0 value.

PRICE

The price of Purchased Items is the price stated in the Order (the "Price"). Unless otherwise specified in the Order, the Price includes all packaging, insurance, export fees and applicable taxes. No increase in the Price is effective, whether due to increased material, labor or transportation costs or otherwise, without the prior written consent of Buyer.

PAYMENT TERMS

Seller shall issue an invoice to Buyer on or any time after the completion of delivery and only in accordance with the Terms. Unless otherwise agreed in writing by both parties, Buyer shall pay all properly invoiced amounts due to Seller within thirty (30) days or as per Days agreed in writing after Buyer's receipt of such invoice, except for any amounts disputed by Buyer in good faith. All payments hereunder must be in INR or US dollars or as per PO Currency. In the event of a payment dispute, Buyer shall deliver a written statement to Seller no later than two (2) days prior to the date payment is due on the disputed invoice listing all disputed items and providing a reasonably detailed description of each disputed item. Amounts not so disputed are deemed accepted and must be paid, notwithstanding disputes on other items, within the period set forth in this Section 12. The parties shall seek to resolve all such disputes expeditiously and in good faith. Seller shall continue performing its obligations under the Order notwithstanding any such dispute.

SETOFF

Without prejudice to any other right or remedy it may have, Buyer reserves the right to set off at any time any amount owing to it by Seller against any amount payable by Buyer to Seller under the Order.

SELLER SITE INSPECTION AND AUDIT

Seller shall permit, and shall cause all of its vendors, sub-vendors, contractors, and their respective subcontractors and sub-vendors that are involved in the production of Goods or the provision of Services to permit, Buyer, any of Buyer’s customers, or any regulatory agency with regulatory authority over Buyer or its customers, to (a) inspect the applicable areas of each of their respective facilities involved in the development of, manufacture of, sale to, or provision to, Buyer of Purchased Items to Buyer, and (b) review all documentation in the possession of each such person or entity that directly or indirectly relates to the development of, manufacture of, sale to, or provision to, Buyer of Purchased Items; provided that the inspecting or auditing party provides no less than five (5) business days prior written notice of such inspection or audit the Seller.

DOCUMENT RETENTION

Seller shall maintain copies of all documentation and other data relating to Purchased Items for no less than ten (10) years from the Order date.

WARRANTIES

Unless otherwise stated in the purchase order, Seller warrants to Buyer that for a period of One (1) year from the Delivery Date, all Goods will: (a) be free from any defects in workmanship, material and design; (b) conform to applicable specifications, drawings, designs, samples and other requirements specified by Buyer; (c) be fit for their intended purpose and operate as intended; (d) be merchantable; (e) be free and clear of all liens, security interests or other encumbrances; (f) not infringe or misappropriate any third party's patent or other intellectual property rights; (g) be new, unused and in the original manufacturers packaging; and (h) be free of any unapproved or counterfeit parts. Seller warrants that all Services will: (a) conform to the applicable specifications and other requirements specified by Buyer; (b) be performed in a professional manner in accordance with industry standards, and (c) not infringe or misappropriate any third party’s patent or other international property rights. Seller shall notify Buyer immediately after it becomes aware of a breach of the any of the forgoing Purchased Items warranties. At Buyer’s request, Seller shall provide a Certificate of conformity, test reports, or authorized release certificates, as applicable, with respect to any Purchased Items. These warranties survive any delivery, inspection, acceptance or payment of or for Purchased Items by Buyer. These warranties are cumulative and in addition to any other warranty provided by law or equity. Any applicable statute of limitations runs from the date of Buyer's discovery of the noncompliance of the Purchased Items with the foregoing warranties. If Buyer gives Seller notice of noncompliance with this Section, Seller shall, at its own cost and expense, promptly replace, repair, or reperform (in the case of Services) the defective or nonconforming Purchased Items and pay for all related expenses, including, but not limited to (in the case of Goods), transportation charges for the return of the defective or nonconforming goods to Seller and the delivery of repaired or replacement Goods to Buyer.

GENERAL INDEMNIFICATION

Seller shall defend, indemnify and hold harmless Buyer its subsidiaries, affiliates, successors or assigns and its respective directors, officers, shareholders and employees and Buyer's customers (collectively, "Indemnitees") against any and all loss, injury, death, damage, liability, claim, deficiency, action, judgment, interest, award, penalty, fine, cost or expense, including reasonable attorney and professional fees and costs, and the cost of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers (collectively, "Losses") arising out of or occurring in connection with the Purchased Items purchased from Seller or Seller's negligence, willful misconduct or breach of the Terms. Seller shall not enter into any settlement without Buyer's or Indemnitee's prior written consent.

INTELLECTUAL PROPERTY INDEMNIFICATION

Seller shall, at its expense, defend, indemnify and hold harmless Buyer and any Indemnitee against any and all Losses arising out of or in connection with any claim that Buyer's or Indemnitee's use or possession of the Purchased Items infringes or misappropriates the patent, copyright, trade secret or other intellectual property right of any third party. In no event shall Seller enter into any settlement without Buyer's or Indemnitee's prior written consent.

INSURANCE

During the term of the Order and for a period of one (1) year thereafter, Seller shall, at its own expense, maintain and carry insurance in full force and effect which includes, but is not limited to, commercial general liability (including product liability) in a sum no less than INR 5,00,000 with financially sound and reputable insurers. Upon Buyer's request, Seller shall provide Buyer with a certificate of insurance from Seller's insurer evidencing the insurance coverage specified in this Order. The certificate of insurance shall name Buyer as an additional insured. Seller shall provide Buyer with thirty (30) days' advance written notice in the event of a cancellation or material change in Seller's insurance policy. Except where prohibited by law, Seller shall require its insurer to waive all rights of subrogation against Buyer's insurers and Buyer or the Indemnitees.

CONSOLIDATION

Multiple orders or multiple units shipping to the same Buyer location on the same day shall be consolidated into one shipment as opposed to multiple shipments to the Seller location. Failure to consolidate may result in chargebacks of the amount of freight for the multiple shipments versus the single consolidated shipment.

COMPLIANCE WITH LAW

Seller is in compliance with and shall comply with all applicable laws, regulations and ordinances. Seller has and shall maintain in effect all the licenses, permissions, authorizations, consents and permits that it needs to carry out its obligations under the Order. Seller shall comply with all export and import laws of all countries involved in the sale of Purchased Items under this Order. Seller assumes all responsibility for shipments of Goods requiring any government import clearance. Buyer may terminate this Order if any government authority imposes antidumping duties, countervailing duties or any retaliatory duties on Goods.

TERMINATION

Buyer may terminate this Order, in whole or in part, at any time with or without cause, for undelivered Purchased Items on one (1) day’s prior written notice to Seller. In addition to any remedies that may be provided under these Terms, Buyer may terminate this Order with immediate effect upon written notice to Seller, either before or after the acceptance of the Purchased Items, if Seller has not performed or complied with any of these Terms, in whole or in part. If the Seller becomes insolvent, files a petition for bankruptcy or commences or has commenced against it proceedings relating to bankruptcy, receivership, reorganization or assignment for the benefit of creditors, then the Buyer may terminate this Order upon written notice to Seller. If Buyer terminates the Order for any reason, Seller's sole and exclusive remedy is payment for the Purchased Items received and accepted by Buyer prior to the termination.

ADDITIONAL FLOW DOWN PROVISIONS

Certain of Buyer’s customers may require Buyer to “flow down” certain obligations or terms between Buyer and its Customer (“Flow Down Provisions”) to Seller, Seller’s vendors and contractors, and their respective subcontractors and sub-contractors. Any such Flow Down Provisions shall be included on the face of the Order, or otherwise attached to the Order and incorporated by reference on the face page of the Order, and shall be deemed part of the Order. To the extent required, Seller shall cause its vendor and sub-contractors to comply with any Flow Down Provisions. SpecificallyOrders processed for Aerospace/Defense builds: Seller shall maintain copies of documentation and other data connected to this purchase order for ten (10) years from order date.To ensure conformance to all Purchase Order requirements, Seller shall flow down all applicable requirements to Seller’s sub-tier sources, when such sources are used by Seller for procurement or processing of products.Seller shall allow the right of access by the organization, their customer, and regulatory authorities to the applicable areas of facilities and to applicable documented information, at any level of the supply chain;Seller shall provide a certificate of conformity, test reports, or authorized release certificate, as applicable. Seller shall prevent the use or shipment of suspected unapproved, unapproved, and counterfeit parts Seller shall notify buyer of nonconforming processes, products, or services and obtain approval for their disposition; prevent the use of such products. 

ADDITIONAL FLOW DOWN PROVISIONS

Certain of Buyer’s customers may require Buyer to “flow down” certain obligations or terms between Buyer and its Customer (“Flow Down Provisions”) to Seller, Seller’s vendors and contractors, and their respective subcontractors and sub-contractors. Any such Flow Down Provisions shall be included on the face of the Order, or otherwise attached to the Order and incorporated by reference on the face page of the Order, and shall be deemed part of the Order. To the extent required, Seller shall cause its vendor and sub-contractors to comply with any Flow Down Provisions. SpecificallyOrders processed for Aerospace/Defense builds: Seller shall maintain copies of documentation and other data connected to this purchase order for ten (10) years from order date.To ensure conformance to all Purchase Order requirements, Seller shall flow down all applicable requirements to Seller’s sub-tier sources, when such sources are used by Seller for procurement or processing of products.Seller shall allow the right of access by the organization, their customer, and regulatory authorities to the applicable areas of facilities and to applicable documented information, at any level of the supply chain;Seller shall provide a certificate of conformity, test reports, or authorized release certificate, as applicable. Seller shall prevent the use or shipment of suspected unapproved, unapproved, and counterfeit parts Seller shall notify buyer of nonconforming processes, products, or services and obtain approval for their disposition; prevent the use of such products. 

Seller shall flow these and any additional requirements down to their subtier and external suppliers

Seller shall ensure that persons are aware of:

  • − their contribution to product or service conformity;
  • − their contribution to product safety;
  • − the importance of ethical behavior.Specific flow down

Requirements may be attached to this purchase order and shall be retained as above. Reference to these requirements will be made in the description section.

LIMITATION OF LIABILITY

Nothing in this Order shall exclude or limit (a) Seller's liability under Sections 16, 17, 18 and 25 hereof, or (b) Seller's liability for fraud, personal injury or death caused by its negligence or willful misconduct.

WAIVER

No waiver by any party of any of the provisions of the Order shall be effective unless explicitly set forth in writing and signed by the party so waiving. Except as otherwise set forth in the Order, no failure to exercise, or delay in exercising, any rights, remedy, power or privilege arising from the Order shall operate or be construed as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege.

CONFIDENTIAL INFORMATION

All non-public, confidential or proprietary information of the Buyer, including, but not limited to, specifications, samples, patterns, designs, plans, drawings, documents, data, business operations, customer lists, pricing, discounts or rebates, disclosed by Buyer to Seller, whether disclosed orally or disclosed or accessed in written, electronic or other form or media, and whether or not marked, designated or otherwise identified as "confidential," in connection with the Order is confidential, solely for the use of performing the Order and may not be disclosed or copied unless authorized by Buyer in writing. Upon Buyer's request, Seller shall promptly return all documents and other materials received from Buyer. Buyer shall be entitled to injunctive relief for any violation of this Section. This Section shall not apply to information that is: (a) in the public domain; (b) known to the Seller at the time of disclosure; or (c) rightfully obtained by the Seller on a non-confidential basis from a third party.

FORCE MAJEURE

Neither party shall be liable to the other for any delay or failure in performing its obligations under the Order to the extent that such delay or failure is caused by an event or circumstance that is beyond the reasonable control of that party, without such party's fault or negligence, and which by its nature could not have been foreseen by such party or, if it could have been foreseen, was unavoidable ("Force Majeure Event"). Force Majeure Events include, but are not limited to, acts of God or the public enemy, government restrictions, floods, fire, earthquakes, explosion, epidemic, war, invasion, hostilities, terrorist acts, riots, strike, embargoes or industrial disturbances. Seller's economic hardship or changes in market conditions are not considered Force Majeure Events. Seller shall use all diligent efforts to end the failure or delay of its performance, ensure that the effects of any Force Majeure Event are minimized and resume performance under the Order. If a Force Majeure Event prevents Seller from carrying out its obligations under the Order for a continuous period of more than fifteen (15) business days, Buyer may terminate this Order immediately by giving written notice to Seller.

ASSIGNMENT

Seller shall not assign, transfer, delegate or subcontract any of its rights or obligations under the Order without the prior written consent of Buyer. Any purported assignment or delegation in violation of this Section shall be null and void. No assignment or delegation shall relieve the Seller of any of its obligations hereunder. Buyer may at any time assign, transfer or subcontract any or all of its rights or obligations under the Order without Seller's prior written consent.

RELATIONSHIPS OF THE PARTIES

The relationship between the parties is that of independent contractors. Nothing contained in the Order shall be construed as creating any agency, partnership, joint venture or other form of joint enterprise, employment or fiduciary relationship between the parties, and neither party shall have authority to contract for or bind the other party in any manner whatsoever. No relationship of exclusivity shall be construed from this Order.

GOVERNING LAW

All matters arising out of or relating to this Order shall be governed by and construed in accordance with the laws of INDIA

SUBMISSION TO JURISDICTION

"Any litigation arising out of or in connection with this order shall be subject to DELHI (INDIA) Jurisdiction only."

CUMULATIVE REMEDIES

The rights and remedies under this Order are cumulative and are in addition to and not in substitution for any other rights and remedies available at law or in equity or otherwise.

NOTICES

All notices, request, consents, claims, demands, waivers and other communications hereunder (each, a "Notice") shall be in writing and addressed to the parties at the addresses set forth on the face of this Order or to such other address that may be designated by the receiving party in writing. All Notices shall be delivered by personal delivery, nationally recognized overnight courier (with all fees pre-paid), facsimile (with confirmation of transmission) or certified or registered mail (in each case, return receipt requested, postage prepaid). Except as otherwise provided in this Order, a Notice is effective only (a) upon receipt of the receiving party, and (b) if the party giving the Notice has complied with the requirements of this Section.

SEVERABILITY

If any term or provision of this Order is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction.

SURVIVAL

Provisions of this Order which by their nature should apply beyond their terms will remain in force after any termination or expiration of this Order including, but not limited to, the following provisions: Setoff, Warranties, General Indemnification, Intellectual Property, Indemnification, Insurance, Compliance with Laws, Confidentiality, Governing Law, Submission to Jurisdiction and Survival.