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TERMS AND CONDITIONS | ACCESS CONTROL


billing issues and discrepancies must be submitted to Honeywell for consideration within thirty (30) days from invoice date. Otherwise, all billings are considered final after 30 days.


Unless otherwise agreed to in writing by Honeywell, Customer shall pay all invoices issued within thirty (30) days from the date of invoice. Orders exceeding $50,000 and/or orders involving custom products, will generally require progress payment terms due with an order at the time of shipment, and net 30 days after shipment. Honeywell reserves the right to change the credit terms at any time, when, in Honeywell’s opinion, Customer’s financial condition or previous payment record so warrants.


Interest shall accrue on all past due invoices at the maximum legal rate or 1.5% per month (18% APR) whichever is lower. Honeywell may place Customer on a C.O.D. basis in the event that Customer’s account becomes delinquent or Honeywell becomes insecure about Customer’s financial capabilities. In the event it becomes necessary for Honeywell to incur collection costs or initiate suit to collect any amount under this agreement, or any portion thereof, the Customer promises to pay such additional collection costs, charges, and expenses including reasonable attorney’s fees if the account is placed in the hands of an attorney for collection.


5. Taxes


The prices do not include any Federal, State, or local property, license, privilege, sales, use, excise, gross receipts, or other like taxes which may be now or hereafter applicable to, measured by, or imposed upon or with respect to this transaction, the Equipment, its sale, its value or its use, or any services performed in connection therewith. Such taxes will be itemized separately to the Customer, who shall make prompt payment to Honeywell.


Honeywell will accept a valid exemption certificate from the Customer, if applicable. If an exemption certificate previously accepted by Honeywell is not recognized by the governmental taxing authority involved, Customer agrees to promptly reimburse Honeywell for any taxes covered by such exemption certificate which Honeywell is required to pay.


6. Claims


Claims for price adjustment must be submitted to Honeywell Customer Service Department within thirty (30) days from date of invoice in question. Claims for shortages, or incorrectly filled orders, must be made within ten (10) days after receipt of shipment.


7. Credits Credits will be issued for material that is re-sellable, brand new, and unopened in its original box. Orders that are accepted for return within forty-five (45) days after shipment are subject to a minimum 15% restocking charge. Orders that are accepted for


return between forty-five (45) and ninety (90) days after shipment are subject to a minimum 40% restocking charge.


No returns will be accepted for credit later than ninety (90) days after shipment.


8. Limits of Liability Honeywell’s sole Liability and the Customer’s exclusive remedy for damages regardless of theory, shall not exceed the cost of correcting the defect and in no event shall such liability be greater than the purchase price paid by the Customer for the defective equipment. Honeywell SHALL NOT UNDER ANY CIRCUMSTANCES BE LIABLE FOR SPECIAL, INDIRECT NOR CONSEQUENTIAL DAMAGES OF ANY KIND.


Customer shall hold harmless and indemnify Honeywell from and against all claims, demands, losses and liability arising out of damage to property or injury to persons occasioned by or in connection with the acts or omissions of Customer and its agents and employees, and from and against all claims, demands, losses and liability for costs of fees, including reasonable attorneys’ fees, in connection therewith.


9. Product Design Honeywell reserves the right to discontinue the manufacturing of any of the equipment, to make changes in their design or to add improvements to the equipment at any time without prior notice to the Customer, provided that Honeywell shall not be required hereby to change equipment previously sold. No part of this paragraph will be deemed to affect the obligation of Honeywell to fill orders previously accepted.


10. Software License, Warranty and Service


DEFINITIONS “Licensed Program” means a software program and any updated, improved or otherwise modified version (“Release”) of such a program and any related materials, in machine readable and/or printed form, furnished to Licensee by or on behalf of Honeywell, including any materials provided under any Honeywell software service, and any full or partial copies of any of the foregoing. License Programs include, but are not limited to, Operating Systems, Communications Software, Query Languages, Honeywell Programs or any applications packages obtained from Honeywell.


"Honeywell Program” means a Licensed Program owned by Honeywell, or for which Honeywell has the independent ability, including the right to use source code, to provide maintenance and support.


“Designated Equipment” means, with respect to each Licensed Program, the specific computer and peripherals (hereinafter called “Hardware System”) or with respect to any subsequent releases,


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