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2. PRICES: All prices are valid for thirty (30) days from the date of quotation and FOB Tempotec Optics Co., Ltd. Duties, value added and withholding taxes are the responsibility of the Customer, and if paid by Tempotec Optics Co., Ltd shall be charged to Customer as a separate item on the invoice.
3. TERMS OF PAYMENT: As a general rule, our payment term is net 30 days by T/T (Telegraphic Transfer). Payments will be made in accordance with the specified payment terms and schedule in the purchase order that was accepted in writing by Tempotec Optics. All payments are due net thirty (30) days from the shipment, unless otherwise specified in the purchase order that was accepted in writing by Tempotec Optics.
4. PERFORMANCE AND SHIPPING: Shipping dates specified or communicated by Tempotec Optics Co., Ltd. to the Customer are based on average lead times. All claims for shortage of products ordered or for incorrect charges must be presented to Tempotec Optics Co., Ltd. within ten (10) days after receipt by Customer of the particular shipment of products. Customer shall be responsible for all shipping charges. Unless given written instruction, Tempotec Optics Co., Ltd. shall select the carrier.
5. WARRANTY: Warranty Period is 90 days. Any quality issues of the Products made by Tempotec Optics should be feedback to Tempotec within the warranty period after the original shipment. Tempotec is under obligation to repair the failed products, and provide a replacement. The warranty does not cover any product which has been accidentally damaged in applications which exceed the product specifications. Tempotec Optics guarantees that services will be performed in a good and workmanlike manner.
6. CONFIDENTIALITY: Customer shall hold confidential and shall not use, disclose or permit others to use any confidential information identified as such in writing or orally by Tempotec Optics.
7. CANCELLATIONS OR CHANGES: Cancellations shall be by mutual agreement in writing, provided that Purchaser will reimburse Tempotec Optics for all loss and expenses incurred by Tempotec Optics arising out of such cancellation.