TERMS AND CONDITIONS OF SALE are available on request

Payment for goods shall occur within thirty (30) days of the date of the invoice setting forth the costs of said goods.

All Sales shall be FOB Novi, MI or Kitchener, ON

Payment must be received by Ultra Carbide, PO Box 1150-3, Minneapolis, MN 55480-1150

If full payment is not received by Ultra Carbide at the address set forth above, on or before the date set forth in Paragraph 1 a charge of one and one-half (1 1/2%) percent per month will be assessed on the unpaid balance.

One and one-half (1 ½%) percent will be assessed each and every month during which there remains any balance that is more than thirty (30) days past due.

If any balance remains unpaid for a period of sixty (60) days or more, Ultra Carbide shall have the right to take any legal action to collect the past due amount, including but not limited to the right to confess judgment as set forth in Paragraph 15, herein below.

Rejection of goods for failure to conform to the goods ordered must be made within fifteen (15) days after their delivery. Written notification of the rejection must be received by Ultra Carbide at the address set forth herein above. The notice must state the basis of the alleged nonconformity of the goods and describe the portion of the shipment being rejected.

Purchased goods may be returned only according to the sellers written policy in effect at time of order entry. If standard goods are returned to Ultra Carbide for any reason whatsoever, a restocking fee of twenty to thirty (15-30) percent will be charged. If special manufactured to order goods are canceled during production prior to shipment they will billed based on the percentage of processing completed.

If Standard goods are returned, they must be returned within thirty (30) days of the date of the invoice. Special manufactured to order goods may not be returned for credit except for the condition noted in paragraph above .

The terms set forth hereinabove shall be binding on the Purchaser, their heirs, executors, administrators, legal representatives, successors, and assigns.

In the event that one or more of the terms set forth in the Terms and Conditions of Sale shall for any reason be held to be invalid, illegal, or unenforceable in any respect, the invalidity, illegality, or unenforceability shall not affect any other provision herein.

The Terms and Conditions of Sale and the sale itself shall be governed by and construed in accordance with the laws of the State of Wisconsin.

The laws of the state of Wisconsin shall govern all aspects of any and all transactions between Purchaser and UC