Terms & Conditions of Sale

1. Offer and Acceptance

  1. This document constitutes Southeastern Steel Manufacturing Co.’s (“Southeastern Steel Manufacturing Co.”) acknowledgement of the purchase order or other form of offer (“Quote”) issued by you (“Buyer”) for the purchase of Southeastern Steel Manufacturing Co. provided products, materials, parts, components, systems or services described in the Order (each, and collectively, “Product”). By placing an Order, Buyer makes an offer to purchase the Product pursuant to these terms and conditions of sale (“Southeastern Steel Manufacturing Co.’s Terms”), and no other terms. As used herein, the term “SSMC” means Southeastern Steel Manufacturing Co. a North Carolina LLC.
  2. An Order is not binding on Southeastern Steel Manufacturing Co. until Southeastern Steel Manufacturing Co. accepts the Order in writing or starts to perform in accordance with the Order. Buyer’s placement of an Order, and Southeastern Steel Manufacturing Co.’s acceptance of, and commencement of performance pursuant to an Order is expressly conditioned on, and constitutes, Buyer’s assent to all of the terms and conditions in Southeastern Steel Manufacturing Co.’s Terms. Orders not accepted by Southeastern Steel Manufacturing Co., as noted herein, shall be ineffective, null and void. The terms and conditions set forth in Southeastern Steel Manufacturing Co.’s Terms will constitute the entire agreement relating to the purchase of the Products with respect to such Order, Buyer shall be deemed to have accepted all of Southeastern Steel Manufacturing Co.’s Terms, and any different or additional terms in an Order are rejected. Unless otherwise specified in this or some other document signed by Southeastern Steel Manufacturing Co., the terms and conditions of sale set forth in the Southeastern Steel Manufacturing Co.’s Terms apply to all Product sold or provided to Buyer by Southeastern Steel Manufacturing Co..
  3. Any terms in an Order which purport to reject, amend or alter some or all of Southeastern Steel Manufacturing Co.’s Terms, by virtue of standard form language or otherwise, shall not be sufficient objection to Southeastern Steel Manufacturing Co.’s Terms. Buyer shall be required to set forth each objection to Southeastern Steel Manufacturing Co.’s Terms in a separate writing signed and dated by Buyer and delivered to Southeastern Steel Manufacturing Co. prior to Southeastern Steel Manufacturing Co.’s shipment of the Products. Southeastern Steel Manufacturing Co.’s failure to object to provisions in an Order or any purchase order or other communication from Buyer (including, without limitation, penalty clauses or warranties of any kind), shall not constitute a waiver by Southeastern Steel Manufacturing Co. of Southeastern Steel Manufacturing Co.’s Terms, nor an acceptance by Southeastern Steel Manufacturing Co. of any such provisions. Any terms in an Order or any other documents which are different from or in addition to Southeastern Steel Manufacturing Co.’s Terms are rejected unless specifically accepted by Southeastern Steel Manufacturing Co. in a separate document signed by both Buyer and Southeastern Steel Manufacturing Co., regardless of whether such other terms would materially alter these Southeastern Steel Manufacturing Co. Terms. No course of dealing, custom or usage, which is contrary to Southeastern Steel Manufacturing Co.’s Terms or otherwise hall be relevant to, supplement, explain or apply to these Southeastern Steel Manufacturing Co. Terms.
  4. Each Order shall specify (i) the amount of the purchased Products, (ii) the description of product purchased (iii) the delivery address and lead time. Southeastern Steel Manufacturing Co. reserves the right to correct any typographical or clerical errors in prices, specifications, quotations, or acknowledgments and/or modify or revise an Order to comply with Southeastern Steel Manufacturing Co.’s minimum order requirements, as communicated to Buyer.
  5. The Southeastern Steel Manufacturing Co. Terms constitutes the entire agreement of the parties, and supersedes all prior written or oral representations made by the parties with respect to the subjects addressed in this agreement.

2. Prices, Shipment, Delivery, and Inspection

  1. Prices are based on U.S. dollars and are F.O.B. Southeastern Steel Manufacturing Co.’s designated point of shipment. If no price is included in Southeastern Steel Manufacturing Co.’s acceptance of an Order, the Price shall be the price set out in Southeastern Steel Manufacturing Co.’s published price list in force as of the date of the Order, as may be amended by Southeastern Steel Manufacturing Co. from time to time, with or without notice. Pricing is based on Buyer’s anticipated Order prior to the expiration of Southeastern Steel Manufacturing Co.’s Quote, including product specifications, quantities and timing. Any differences to Buyer’s Order may result in different pricing, freight or other costs. Due to volatility in petrochemical, steel and related Product material markets, actual prices and freight, are subject to change and will be confirmed prior to acceptance of an Order. Southeastern Steel Manufacturing Co. reserves the right, by providing notice to Buyer at any time before beginning Product manufacturing, to increase the price of the Product(s) to reflect any increase in the cost to Southeastern Steel Manufacturing Co. which is due to any factor beyond Southeastern Steel Manufacturing Co.’s control (such as, without limitation, any increase in the costs of labor, materials, or other costs of manufacture or supply). Unless otherwise stated, materials and container sizes indicated on sales literature, invoices, price lists, quotations and delivery tickets are nominal sizes and representations – actual volume, Products and materials are subject to manufacturing and commercial variation and Southeastern Steel Manufacturing Co.’s practices, and may vary from nominal sizes and materials. Prices may not include applicable freight or delivery charges, handling, loading, mounting, fuel surcharges, insurance, customs, duties, financing, fees, collection charges on draft of C.O.D. shipments or taxes (such as present or future sales, excise, use, ad valorem), brokerage fees, any export or import duties or any special arrangement for payment or shipment unless otherwise expressly noted. Any such charges may be prepaid by Southeastern Steel Manufacturing Co. and added to Buyer’s invoice, and Southeastern Steel Manufacturing Co. reserves the right to change such prices and charges at any time prior to shipment. If Buyer is not tax exempt, final tax calculations are subject to change. If Buyer provides no carrier, routing or packaging instructions, Southeastern Steel Manufacturing Co. shall have sole discretion as to mode, routing and/or packaging of shipment.
  2. The Products subject to this sale and Buyer’s Order shall be limited to those described in the Southeastern Steel Manufacturing Co. Invoice accompanying the Product and/or shipment.
  3. Sales Tax will be charged on all shipments unless a current exemption certificate is on file with Southeastern Steel Manufacturing Co..
  4. Risk of loss or damage to the Product shall pass from Southeastern Steel Manufacturing Co. to Buyer upon delivery to a carrier at point of Southeastern Steel Manufacturing Co.’s shipment, unless expressly agreed to in writing. Any claim against carriers or for other physical loss of or damage to the Product shall be the responsibility of Buyer, and for its own account. Buyer shall remain responsible for payment of Product, notwithstanding the foregoing. If any part of any shipment is damaged or missing when it arrives, Buyer is required to take delivery, have delivery carrier acknowledge damage or shortage, and make proper notation on the freight receipt (failure to have carrier acknowledge damage may void any warranty and continue Buyer’s responsibility for payment in full).
  5. Any shipment, delivery, or performance date or associated fees stated in an Order, Southeastern Steel Manufacturing Co. Invoice or other contract document are an estimate and approximation only and does not constitute any guarantee of shipment, delivery, performance or fees on any particular date. Southeastern Steel Manufacturing Co. will not be liable for any or all damages resulting from any delay or early shipment, regardless of the cause of the delay or early shipment. Unless otherwise expressly stated, Southeastern Steel Manufacturing Co. shall have the right to make any delivery in installments, and/or may require Buyer accept shipments in full cartons/loads for some Products. Southeastern Steel Manufacturing Co. reserves the right to modify an Order based on Product availability. Further, any quotation of freight, transportation, shipping, handling or similar charges are estimates only; if such charges are included in the Price, any increase in rates becoming effective after the Order date shall be applied to the Order.
  6. Buyer shall inspect and accept conforming Product or reject nonconforming Product delivered by or for Southeastern Steel Manufacturing Co. upon delivery to carrier at point of Southeastern Steel Manufacturing Co.’s shipment or Buyer’s designated facility, whichever is applicable to the Order. If an inspection or testing of the Product has been agreed upon prior to shipping, such inspection or testing shall be made at Southeastern Steel Manufacturing Co.’s plant or other source of supply before shipment of the Product, and Buyer approval or rejection shall be made promptly and in any event before shipment; no claims will be considered thereafter. All Product delivered shall be conclusively deemed accepted and to conform to contract requirements unless rejection is made or specific objection or notice of nonconformity is given in writing to Southeastern Steel Manufacturing Co. upon such delivery.
  7. On receipt of notification of rejection, Southeastern Steel Manufacturing Co. will arrange to receive back the Product for shipment and return. Southeastern Steel Manufacturing Co. may have an agent inspect the Product for nonconformity, including inspection made on return to Southeastern Steel Manufacturing Co.’s point of shipment. If confirmed as nonconforming, Southeastern Steel Manufacturing Co. may thereafter ship conforming Product following the notice of rejection, unless Buyer earlier notifies Southeastern Steel Manufacturing Co. to forego this shipment.
  8. The Product subject to this sale, and any related technology or software, which is exported from the United States, Mexico, and/or Canada, is done in accordance with, and subject to, the applicable regulations and statutes on economic sanctions and trade embargoes. Buyer diversion, export or re-export, other transfer, finance, or facilitation is at Buyer’s own expense; and if contrary to applicable laws, statutes or regulations is expressly prohibited and at Buyer’s own risk.
  9. Buyer shall be familiar with and keep informed (without reliance on Southeastern Steel Manufacturing Co.) with regards to any hazards to persons and/or property involved in handling, use, storage and disposal of the Products. Buyer shall advise its employees, customers, contractors and others who handle, use, store or dispose of such Products of any such hazards. Buyer represents and warrants that the Products will not be used in connection with any applications where failure or malfunction could create a situation in which personal injury or death is likely to occur. Buyer shall ensure that Products are (i) installed, used and maintained in accordance with commercial standards and applicable laws, statutes, regulations and requirements; and (ii) not resold to members of the general public if Products are reasonably known to be for professional and/or commercial use only.

3. Payments, Title and Security Interests

  1. Payment shall be due as stated on the Southeastern Steel Manufacturing Co. Invoice for the Product. All payments shall be made in U.S dollars. All payments by Buyer shall be without deductions for back charges, set-offs, other accounts between Southeastern Steel Manufacturing Co. and Buyer and the like, which shall be settled independently of the payment of the Invoice, unless expressly allowed under an applicable Southeastern Steel Manufacturing Co. Credit Memo or alternate written approval; provided, however, that Southeastern Steel Manufacturing Co. reserves the right of set-off against Buyer and any affiliated entities thereof. Payment shall not prejudice claims on account of omissions or shortages in shipment, but no such claim will be allowed unless made upon receipt of the applicable shipment by Buyer.
  2. Should Buyer delay payment beyond the date it is due, interest and/or service charges may be charged by Southeastern Steel Manufacturing Co. on the unpaid balance at the highest rate allowable by law. All dishonored checks will be assessed a service charge at the highest rate allowed by law. Southeastern Steel Manufacturing Co. expressly reserves the right to modify payment terms, credit terms and/or limits, restrict delivery and/or place accounts on C.O.D. or cash-only status at any time.
  3. Notwithstanding that risk of loss passes to Buyer upon shipment, Southeastern Steel Manufacturing Co. shall retain and Buyer hereby grants to Southeastern Steel Manufacturing Co. a prioritized security interest in the Product and any proceeds therein until payment in full is received by Southeastern Steel Manufacturing Co.. At the request of Southeastern Steel Manufacturing Co., Buyer shall sign all financing statements and other documents required to attach, perfect, file or otherwise protect such security interest.
  4. Upon default by Buyer of the payment terms, or any other violation of the Southeastern Steel Manufacturing Co. Terms, Southeastern Steel Manufacturing Co. may exercise any or all of the following remedies with respect to the Product and/or purchases: (i) replevin or seizure by judicial process or otherwise; (ii) acceleration of remaining payments so that they are immediately due; (iii) cancellation, refusal to enter into or perform any Order; (iv) damages for any unpaid portions of the sales price, loss or for consequential or incidental damages; (v) indemnification from Buyer from and against loss, damages and expenses; (vi) interest, attorneys’ fees and costs; and (vii) void all warranties as set forth in Section 8. This list of remedies is not exclusive or exhaustive and shall be cumulative and in addition to any other remedies available at law.

4. No Refund Policy

Due to the nature of our products and the customization involved in their manufacturing, we have a strict no-refund policy in place. Once an order is placed and payment is made, it cannot be canceled or refunded. Please carefully review your order and specifications before completing the purchase.

5. Modification or Cancellation

  1. Without Southeastern Steel Manufacturing Co.’s written consent, neither modification nor cancellation of an Order, nor deferred delivery of Products, completed or in production, beyond the earlier of the scheduled or actual shipping date(s) is permitted by Buyer or Buyer’s agents or representatives. Modification, cancellation or suspension of an Order after acceptance by Southeastern Steel Manufacturing Co. may be made only upon written acceptance of Southeastern Steel Manufacturing Co. and on terms which will compensate Southeastern Steel Manufacturing Co. for loss (including loss of profits) due to the cancellation and shall include payment for work already completed and/or materials already used or purchased. Modification, partial cancellation or suspension may subject an entire Order to price revision, in Southeastern Steel Manufacturing Co.’s discretion. Any cancellation approved by Southeastern Steel Manufacturing Co. will process refund payment minus deductions within 60 to 90 days.
  2. Notwithstanding anything contained herein to the contrary, Southeastern Steel Manufacturing Co. may reject in writing any Order submitted by Buyer for any reason, including if Southeastern Steel Manufacturing Co., in its sole discretion, determines that it cannot meet the quantity of purchased Products to be delivered or the requested shipment date specified in such Order.

6. Product Return Policy

  1. All returns must be authorized by Southeastern Steel Manufacturing Co. prior to shipping and acceptance. Product must be returned in the same condition as shipped by Southeastern Steel Manufacturing Co., which may include original packaging, and Buyer must include a copy of the Invoice with any return. Buyer must complete and return a Warranty Registration Form for some Products, where applicable. Product may not be returned by Buyer to Southeastern Steel Manufacturing Co. after 30 days of Invoice date, without applicable Warranty Registration or proof of purchase or ownership.
  2. A Return Authorization Number must be obtained from Southeastern Steel Manufacturing Co. within five (5) days of receipt of Product and before such Product may be returned for credit. No Product shall be returned to Southeastern Steel Manufacturing Co. without Southeastern Steel Manufacturing Co.’s written consent. If any portion of the Product delivered to Buyer are defective or are otherwise not in accordance with contract specifications, Southeastern Steel Manufacturing Co. shall have the right in its discretion either to replace such defective Product or to refund the portion of the purchase Price applicable thereto. Any returned Product shall become the property of Southeastern Steel Manufacturing Co.; Buyer, Buyer’s customer or end-user is not authorized to otherwise dispose of, sell or recycle such Product, parts or components. In no event shall Southeastern Steel Manufacturing Co. be liable for the cost of processing, lost profits, injury to goodwill or any other special incidental or consequential damages.
  3. Buyer is responsible for prepayment of, and all other related freight costs associated with returning Products to Southeastern Steel Manufacturing Co. unless previously agreed to in writing by Southeastern Steel Manufacturing Co.. Buyer is responsible for any missing or damaged Product. Risk of loss or damage to Product shall pass from Buyer to Southeastern Steel Manufacturing Co. upon physical receipt by Southeastern Steel Manufacturing Co..
  4. Any and all Product claimed defective or as a warranty matter must include a written explanation of how the Product was stored, maintained, installed and/or operated, as further described herein. Buyer must complete a Warranty Claim Form, where applicable.
  5. If, in Southeastern Steel Manufacturing Co.’s judgment, a returned Product is not defective or not shipped in error, Southeastern Steel Manufacturing Co. may apply a service charge of 20% and/or a restocking fee up to 20% of the Product purchase price.
  6. Southeastern Steel Manufacturing Co. reserves the right to dispose of, return to Buyer (at Buyer’s cost of freight and related charges), allow Buyer retrieval within seven (7) calendar days, or any other remedy, in Southeastern Steel Manufacturing Co.’s discretion, for any attempted Product returns in contravention of the Southeastern Steel Manufacturing Co. Terms.

7. Product Design and Intellectual Property

  1. Buyer acknowledges that materials, sizes, descriptions or illustrations indicated on Southeastern Steel Manufacturing Co. sales literature, invoices, price lists, quotations, delivery tickets, catalogues, price lists or advertising are nominal sizes and representations intended for general information only; actual volume, products, sizes and materials are subject to manufacturing and commercial variations and Southeastern Steel Manufacturing Co.’s practices, and may vary from nominal sizes, descriptions, illustrations and materials. Further, changes and improvements in the design and specifications of Product may be made from time to time by Southeastern Steel Manufacturing Co. and/or third party manufacturers of the Product and Southeastern Steel Manufacturing Co. (i) may substitute such Product for the Order and (ii) has no obligation to provide notice thereof to Buyer.
  2. The supply of Product hereunder shall not cause, vest, grant or establish any permission, license or right in Buyer, Buyer’s customer or end users of any Southeastern Steel Manufacturing Co. Intellectual Property without Southeastern Steel Manufacturing Co.’s prior written permission (or the permission of a third party owner, if applicable). “Intellectual Property” herein includes, but shall not be limited to, the Southeastern Steel Manufacturing Co. Product names, model numbers, logos, trade names, slogans, trademarks (registered or unregistered), distinctive shapes, service marks, patents, internet domain names, web addresses, web pages, website and URLs, works of authorship, expressions, designs and design registrations,(whether or not copyrightable), copyrights and copyrightable works, software and firmware, data, data files, databases, trade secrets, industrial and other intellectual property rights, specifications and documentation, and all rights, interests and protections that are associated with, equivalent or similar to, or required for the exercise of, any of the foregoing, now or hereafter owned or controlled by Southeastern Steel Manufacturing Co..
  3. Unless expressly authorized by Southeastern Steel Manufacturing Co., Buyer shall not (i) use, grant or permit the use of any Southeastern Steel Manufacturing Co. Intellectual Property on, directly, or indirectly in connection with, any place of business or other facility; (ii) take any action that interfere(s) with any of Southeastern Steel Manufacturing Co.’s rights in or to the Intellectual Property, including Southeastern Steel Manufacturing Co.’s ownership or exercise thereof; (iii) challenge any right, title or interest of Southeastern Steel Manufacturing Co. in or to the Intellectual Property; (iv) make any claim or take any action adverse to Southeastern Steel Manufacturing Co.’s ownership of the Intellectual Property; (v) register or apply for registrations, anywhere in the world, for Southeastern Steel Manufacturing Co.’s trademarks or any other trademark that is similar to Southeastern Steel Manufacturing Co.’s trademark(s) or that incorporates the Intellectual Property in whole or in confusingly similar part; (vi) use any mark, anywhere, that is confusingly similar to the Intellectual Property; (vii) engage in any action that tends to disparage, dilute the value of, or reflect negatively on the Intellectual Property; (viii) misappropriate any of the Intellectual Property; (ix) alter, obscure or remove any of Southeastern Steel Manufacturing Co.’s trademarks or trademark or copyright notices or any other proprietary rights notices placed on the Products, marketing materials or other materials that Southeastern Steel Manufacturing Co. may provide.
  4. Irrespective of whether the Product manufactured or supplied hereunder is made to Southeastern Steel Manufacturing Co. or Buyer’s drawings or designs, Southeastern Steel Manufacturing Co. shall be under no liability whatsoever to Buyer for alleged patent, trademark or other intellectual property infringement.
  5. Buyer hereby represents and warrants to Southeastern Steel Manufacturing Co. that any request by Buyer or its agents to affix or install on or in any Product any licensed material (“Licensed Material”) including, but not limited to, logos, trademarks, service marks, patents, or copyrighted material, that such request is made with permission from the lawful owner of the Licensed Material (“Owner”), that Buyer has the right to grant permission to Southeastern Steel Manufacturing Co. to use the Licensed Material, and that the use of such Licensed Material by Southeastern Steel Manufacturing Co. will not in any way infringe upon or violate any applicable law, rule or regulation, any contract with a third party of Buyer or any rights of the Owner or any other third party, including, without limitation, rights of patent, trade secrets, trademark or copyright. Buyer agrees to defend, indemnify, and hold harmless Southeastern Steel Manufacturing Co., its parent company, its subsidiaries, affiliates, successors and assigns, and their respective directors, officers, shareholders, employees, agents and assigns, from and against any and all claims, demands, losses, damages, liabilities, deficiencies, actions, judgments, interest, awards, penalties, fines, costs or expenses of whatever kind (including reasonable attorneys’ and professionals’ fees and costs), and the cost of enforcing any right to indemnification hereunder, arising out of or resulting from any claims that the use of the Licensed Material infringes or misappropriates any intellectual property rights of Owner or any third party.

8. Delays and Force Majeure

  1. Southeastern Steel Manufacturing Co. shall not be liable or responsible to Buyer, Buyer’s customers or end users, nor be deemed to have defaulted under or breached these Terms or an Order, for any failure of delay in fulfilling or performing any term of these Terms, for loss, damages, or nonperformance in whole or in part, including elimination or substitution of quantities affected, when and to the extent the failure or delay is caused by or results from acts beyond Southeastern Steel Manufacturing Co.’s control, including the following Force Majeure events: strikes, labor disturbances, embargoes or blockades, material shortages, non-manufacturing conditions, delays or failures of Southeastern Steel Manufacturing Co.’s suppliers (including Buyer, if applicable), carriers or communications, epidemics, fire, flood, storms, accident, riot, war, invasion, hostilities (whether declared or not), terrorist threats or acts, civil unrest, national or regional emergency, plague, epidemic, pandemic, outbreaks of infectious disease or any other public health crisis, including quarantine or other employee restrictions, governmental requisition or priorities, acts of God, or other causes beyond Southeastern Steel Manufacturing Co.’s reasonable control. Southeastern Steel Manufacturing Co. may, during any period of shortage due to any of said cause, prorate its supply of such goods among its customers under this and other orders and agreements in such manner as Southeastern Steel Manufacturing Co. may solely deem fair and practicable.
  2. Southeastern Steel Manufacturing Co. reserves the right to charge Buyer a storage fee for Products scheduled for pickup by Buyer or Buyer’s customer, in the event such Product is not removed from Southeastern Steel Manufacturing Co.’s designated shipment location upon the Southeastern Steel Manufacturing Co. designated shipment date. The storage fee will be assessed 48 hours after the designated shipping date and will be charged per container and per each additional day the products remain in storage.
  3. Time is not of the essence with respect to any times or dates. However, any dates for payments from Buyer to Southeastern Steel Manufacturing Co. and Product Returns noted herein are of the essence.
    Buyer shall have no Force Majeure rights or remedies hereunder.

9. Warranty and Remedies

Southeastern Steel Manufacturing Co. Product Limited Warranties, Disclaimers of Warranties, Limitation of Liabilities and Remedies and Limited Warranty Periods are collectively attached hereto, and incorporated by reference. There are no warranties, express or implied, which extend beyond the separate written warranty referenced herein. Non-payment sixty (60) days past the date of an Invoice shall void all warranties. Determination of the suitability of the Products for the use contemplated by the Buyer or Buyer’s customer(s) is the sole responsibility of the Buyer in connection therewith. Buyer assumes all risk and liability for loss, damage or injury arising out of or incident to the use or possession of the Product furnished hereunder. If any sample, model or demonstration was shown to or provided Buyer, such sample, model or demonstration merely illustrates the general type and quality of Product, and is not to be construed as a representation or warranty that a Product will conform to such sample, model or demonstration.

10. Non-Waiver

No failure by Southeastern Steel Manufacturing Co. to (a) exercise any right accruing to it by virtue of the Southeastern Steel Manufacturing Co./Buyer relationship; or (b) enforce strict performance under Southeastern Steel Manufacturing Co.’s Terms or under any contract of sale entered into with the Buyer, shall in any event operate as a waiver thereof or preclude the exercise of any other right or privilege by Southeastern Steel Manufacturing Co.. The rights and remedies reserved herein shall be cumulative and additional to all other rights and remedies available to Southeastern Steel Manufacturing Co. in law, equity or otherwise.

11. Confidential Information

  1. All non-public, confidential or proprietary information of Southeastern Steel Manufacturing Co. shall remain confidential, is solely for the use of performing and/or fulfilling an Order and may not be disclosed, copied or disseminated unless authorized by Southeastern Steel Manufacturing Co. in writing (“Confidential Information” includes, but is not limited to, specifications, samples, patterns, designs, plans, drawings, documents, data, business operations, customer lists, pricing, discounts or rebates, disclosed by Southeastern Steel Manufacturing Co. to Buyer, whether disclosed orally, visually, 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 an Order). Southeastern Steel Manufacturing Co. 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 Buyer at the time of disclosure; or (c) rightfully obtained by the Buyer on a non-confidential basis from a third party.
  2. The supply of Product hereunder shall not cause, vest, grant or establish any permission, license or right in Buyer, Buyer’s Customer or End Users of any Southeastern Steel Manufacturing Co. Confidential Information. Unless expressly authorized by Southeastern Steel Manufacturing Co., Buyer shall not (i) use, grant or permit the use of any Southeastern Steel Manufacturing Co. Confidential Information; (ii) take any action that interfere(s) with any of Southeastern Steel Manufacturing Co.’s rights in or to the Confidential Information, including Southeastern Steel Manufacturing Co.’s ownership or exercise thereof; (iii) challenge any right, title or interest of Southeastern Steel Manufacturing Co. in or to the Confidential Information; (iv) make any claim or take any action adverse to Southeastern Steel Manufacturing Co.’s ownership of the Confidential Information; or (v) misappropriate any of the Confidential Information.

12. Notice

Any notice required or contemplated hereunder by one party to the other shall be in writing and delivered personally or sent by facsimile or by prepaid registered mail to Southeastern Steel Manufacturing Co. at the Invoice address or to Buyer at Southeastern Steel Manufacturing Co.’s last known address for Buyer on file.

13. Limitation of Actions

Any action by Buyer arising out of Southeastern Steel Manufacturing Co.’s acceptance of an Order or arising out of Buyer’s acceptance of the Product supplied must be commenced within one year after shipment of the Product. Buyer expressly waives and foregoes any right to trial by jury.

14. No Third-Party Beneficiaries

Buyer’s Order is for the sole benefit of the parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other person or entity any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of Southeastern Steel Manufacturing Co.’s Terms. The parties do not intend that the application of the Southeastern Steel Manufacturing Co. Terms shall create a right of enforcement in any third party and, in fact, the parties expressly intend that there be no third parties withstanding to enforce any provision herein unless expressly agreed to in writing by Southeastern Steel Manufacturing Co.. In the event Buyer obtains funding from a third party, Buyer agrees that such third-party shall have no rights as a third-party beneficiary in any contract between Southeastern Steel Manufacturing Co. and Buyer.

15. Equitable Remedies

Buyer acknowledges and agrees that (a) a breach or threatened breach of any of its obligations hereunder would give rise to irreparable harm to Southeastern Steel Manufacturing Co. for which monetary damages would not be an adequate remedy and (b) in the event of a breach or a threatened breach by Buyer of any obligations, Southeastern Steel Manufacturing Co. shall, in addition to any and all other rights and remedies that may be available to Southeastern Steel Manufacturing Co. at law, at equity or otherwise in respect of the breach, be entitled to adequate assurances of Buyer’s performance, equitable relief, including a temporary restraining order, an injunction, specific performance and any other relief that may be available from a court of competent jurisdiction, without any requirement to post a bond or other security, and without any requirement to prove actual damages or that monetary damages do not afford an adequate remedy. Buyer agrees that it will not oppose or otherwise challenge the appropriateness of equitable relief or the entry by a court of competent jurisdiction of an order granting equitable relief, in either case, consistent with the terms of these Terms.

16. Governing Law

These Southeastern Steel Manufacturing Co. Terms, and all related documents, rights and obligations of the Buyer and Southeastern Steel Manufacturing Co., and the construction and effect of any contract or agreement formed between them shall be governed by the laws of the State of North Carolina, exclusive of choice of law provisions, and all claims arising out of the Southeastern Steel Manufacturing Co. Terms and all contemplated transactions or breach thereof, whether sounding in contract, tort, statutory or otherwise, shall be governed by the laws of North Carolina, excluding that State’s choice of law principals. Buyer consents to, and agrees that it will not commence any action, litigation or proceeding of any kind against or by Southeastern Steel Manufacturing Co. in any way arising from or relating to the Southeastern Steel Manufacturing Co. Terms and all contemplated transactions or breach thereof, whether sounding in contract, tort, statutory or otherwise in any forum other than the US District Court for the Western District of North Carolina or, if such court does not have subject matter jurisdiction, the courts of the State of North Carolina, sitting in Mecklenburg County and any appellate court from any thereof, and, for the purposes of any action of the type described herein commenced by Southeastern Steel Manufacturing Co., Buyer freely and voluntarily submits to the jurisdiction of the state and federal courts of and in North Carolina and consents to the exercise of jurisdiction by the same. Further, Southeastern Steel Manufacturing Co. expressly reserves the right, and may commence any action, litigation or proceeding of any kind against Buyer in any way arising from or relating to the Southeastern Steel Manufacturing Co. Terms and all contemplated transactions or breach thereof, whether sounding in contract, tort, statutory or otherwise, in any exclusive or permissive forum of Southeastern Steel Manufacturing Co.’s sole choice, including, but not limited to, North Carolina. Buyer waives any right it may have to a trial by jury in respect of any legal action arising out of or relating to these Terms, including any exhibits, schedules, attachments and appendices related thereto, or the transactions contemplated hereby. Buyer further waives any defense of forum non conveniens, the right to remove an action initiated in State court to Federal court, and the right to make a motion to transfer an action from one Federal court to another. Buyer agrees that a final judgment in any action, litigation or proceeding hereunder is conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. The United Nations Convention on Contracts for the International Sale of Goods shall have no applicability hereunder.

17. Entire Agreement and Amendments

For purposes of its rights under this Agreement, “Southeastern Steel Manufacturing Co., LLC” or “Southeastern Steel Manufacturing Co.” may include its subsidiaries, affiliates, parents and affiliated entities and subsidiaries thereof, in Southeastern Steel Manufacturing Co.’s sole discretion. There are no other terms and conditions applicable to the purchase and sale of Southeastern Steel Manufacturing Co.’s Product other than those contained herein. Without limitation of anything contained herein, Buyer acknowledges that neither it, nor any other person has relied on any other express or implied representation or warranty, either written or oral, on behalf of Southeastern Steel Manufacturing Co., including any representation or warranty arising from statute or otherwise in law. No modification, amendment, waiver or other change of any provision of Southeastern Steel Manufacturing Co.’s Terms shall be binding on Southeastern Steel Manufacturing Co. without Southeastern Steel Manufacturing Co.’s express written consent. Invalidity of any provision of Southeastern Steel Manufacturing Co.’s Terms shall not affect the validity of any other provision of this document and any invalid provision shall be severed from the valid provisions. Buyer shall not assign, transfer, delegate or subcontract any of its rights or obligations under an Order or these Southeastern Steel Manufacturing Co. Terms without the prior written consent of Southeastern Steel Manufacturing Co.. Any purported assignment or delegation in violation of this Section shall be null and void; and no assignment or delegation shall relieve Buyer of any of its obligations hereunder unless expressly agreed to by Southeastern Steel Manufacturing Co.. Southeastern Steel Manufacturing Co. may at any time assign, transfer or subcontract any or all of its rights or obligations under an Order without Buyer’s consent. Southeastern Steel Manufacturing Co. reserves the right to change, modify, amend and/or discontinue these Terms at any time, with or without notice.

18. Survival

These Southeastern Steel Manufacturing Co. Terms, which by their nature should apply beyond their terms will remain in force after any termination, expiration, completion or fulfillment of an Order. All rights and remedies provided Southeastern Steel Manufacturing Co. in these Terms are cumulative and not exclusive, and the exercise by Southeastern Steel Manufacturing Co. of any right or remedy does not preclude the exercise of any other rights or remedies that may now or later be available at law, in equity, by statute, in any other agreement between the parties or otherwise.

Southeastern Steel Manufacturing Co. PRODUCT LIMITED WARRANTIES, DISCLAIMERS OF WARRANTIES, LIMITATION OF LIABILITIES AND REMEDIES, AND LIMITED WARRANTY PERIODS

Southeastern Steel Manufacturing Co. warrants only Products of its manufacture, sold by Southeastern Steel Manufacturing Co. for normal and intended use and service and for specific periods against operational failure caused by proven defective material or workmanship. Southeastern Steel Manufacturing Co.’s obligations under this warranty are limited to the repair, replacement or credit, as hereinafter provided at its option, of such Product and/or parts and components thereof. For Products (including parts and/or components) manufactured or supplied by other parties (including but not limited to engines, motor vehicles, special equipment, accessories, tires and fittings), Southeastern Steel Manufacturing Co. shall endeavor to provide such third-party manufacturer warranties, as applicable and to the extent such warranty is transferrable or assignable. All express or implied warranties are limited to those expressly provided herein; and Southeastern Steel Manufacturing Co. makes no other warranty or other duty of its own on any Product, including those warranted by any such third party, and expressly disclaims and does not obligate itself to any warranty on any Product, unless it delivers to Buyer a separate written certificate specifically warranting the Product. Buyer’s must complete a Product Warranty Registration Form, where applicable (retaining a copy for Buyer’s records) and provide proof of purchase or ownership.

Specific warranty periods are listed herein. Repair or replacement does not extend the warranty beyond the original period, and repaired or replaced parts are warranted for the balance of the original warranty period for the original part. Some states do not allow limitations on how long an implied warranty lasts, the exclusion or limitation of incidental or consequential damages, and any such limitations will conform these Southeastern Steel Manufacturing Co. warranties thereto (Buyers may also have other specific rights which vary from state to state).

Southeastern Steel Manufacturing Co. does not warrant or make any representations concerning Product when the Product is not installed and/or used in strict accordance with good installation, service and maintenance practices or operating instructions. Southeastern Steel Manufacturing Co. does not warrant Product that has been altered, disassembled or re-designed; improperly installed, serviced, maintained, handled or repaired; combined with unapproved non-Southeastern Steel Manufacturing Co. products without Southeastern Steel Manufacturing Co. authorization; contaminated with or exposed to oil, grease, water (including salination), chemicals or solvents; damaged or fails to perform as a result of accident, acts of God, lack of reasonable and proper protection during storage or use, overheating, negligence, misuse, vandalism, damage from wildlife, loading or exceeding the manufacturer’s rated or recommended capacity; damage from automated grasper; in contravention of specifically excluded use or any other unauthorized use other than originally intended, authorized, instructed or beyond the control of Southeastern Steel Manufacturing Co.. This warranty does not apply to normal operating costs and adjustments, including but not limited to adjusting pressure settings, limit switches, timers, relays, fuses, loss of hydraulic oil, cable or filter replacement or normal cosmetic or mechanical wear and tear. Southeastern Steel Manufacturing Co. does not warrant any used Products, which are sold “as is” unless otherwise expressly noted by Southeastern Steel Manufacturing Co.. Further, Southeastern Steel Manufacturing Co. does not warrant any Products that have had serial numbers removed, altered or defaced. Southeastern Steel Manufacturing Co. shall have no liability for any special, punitive, incidental, liquidated or consequential damages, including but not limited to loss of profits, damages to other parts or equipment, cost of capital or interest, any claim for authorized labor charges incurred in diagnosing or replacing a defective Product, towing charges, travel costs, meals, lodging, telephone charges, fuel, storage, loss of use, loss of hydraulic oil, unauthorized repairs, or injury to person or property, to the maximum extent allowable under applicable law. If Southeastern Steel Manufacturing Co., without separate compensation therefore, furnishes Buyer, Buyer’s customer or end user with advice or other assistance concerning any Product or equipment in which the Product may be installed, the furnishing of such advice or assistance will not subject Southeastern Steel Manufacturing Co. to any liability whether in contract, tort (including negligence and strict liability) or otherwise. If any sample, model or demonstration was shown to or provided Buyer, such sample, model or demonstration merely illustrates the general type and quality of Product, and is not to be construed as a representation. If Southeastern Steel Manufacturing Co. authorizes any labor costs associated herewith, such will be solely in accordance with Southeastern Steel Manufacturing Co. established labor rates. Authorization for repairs or related work on Products other than at a Southeastern Steel Manufacturing Co. facility or authorized service center must be through prior written consent by Southeastern Steel Manufacturing Co.; failure to obtain such prior consent shall void this warranty. All claims for reimbursement must be filed with proper documentation no later than forty-five (45) days after occurrence. Travel time approved in advance by Southeastern Steel Manufacturing Co. for authorized service work is limited to two (2) hours maximum per service call.

As the exclusive remedy, in accordance with the Southeastern Steel Manufacturing Co. Terms and provided such Product is manufactured by Southeastern Steel Manufacturing Co. and deemed by Southeastern Steel Manufacturing Co. to be defective, Southeastern Steel Manufacturing Co. shall, at its sole option (i) repair or replace the defective Product, parts or component(s) thereof at our factory or elsewhere (in our discretion); (ii) provide Buyer with a credit on its account in an amount equal to the original purchase Price of the defective Product; and/or (iii) require that Buyer tender any such claims to the third party manufacturer or supplier of the Product, as applicable, upon which Southeastern Steel Manufacturing Co. may endeavor to assist Buyer or Buyer’s customer in resolution. Southeastern Steel Manufacturing Co. will accept warranty claims only from the Buyer or in the event of Buyer’s resale, redistribution, installation or other similar action, unless otherwise noted, from Buyer’s customer, end user or third party that directly purchased the Product through a legitimate action. Southeastern Steel Manufacturing Co. reserves the right to examine all Product to determine whether or not the warranted Product qualifies for the exclusive remedy set forth in these Southeastern Steel Manufacturing Co. Terms. No benefits or remedies are available under this limited warranty while the Invoice for the Product remains outstanding.

In any action brought against Southeastern Steel Manufacturing Co., regardless of the form or forum, Southeastern Steel Manufacturing Co. shall not be liable to Buyer, end user, customer or any third party for special, consequential, incidental, liquidated or punitive damages and, under no circumstances shall any award against Southeastern Steel Manufacturing Co. in favor of Buyer, end user, customer or any third party exceed the amount paid to Southeastern Steel Manufacturing Co. by Buyer for the Product, to the extent allowed by law. Southeastern Steel Manufacturing Co. shall not indemnify Buyer, end user, customer or any third party from potential claims by or against a third party manufacturer or supplier. Further, Southeastern Steel Manufacturing Co. shall not indemnify Buyer, Buyer’s customers, end users or any third party against any claims, including but not limited to product liability claims or workers compensation claims. The parties agree that the foregoing remedy is reasonable and does not cause the Southeastern Steel Manufacturing Co.’s Terms to fail of its essential purpose.

In the event of Buyer’s resale, redistribution, installation or other similar action of any of the Products sold hereunder, in whatever form unless otherwise expressly notified by Southeastern Steel Manufacturing Co., Buyer shall merely and solely pass the applicable Southeastern Steel Manufacturing Co. limited warranties herein on to Buyer’s customer, end user or third party, as applicable, but make no warranty on its own binding Southeastern Steel Manufacturing Co., third party manufacturer or supplier or any others, and shall notify such purchaser, customer, end user or third party of these Southeastern Steel Manufacturing Co. Terms and disclaimer of any Southeastern Steel Manufacturing Co. warranty, in writing or otherwise.

Buyer and Buyer’s customers, end users or third parties assume all risk and liability for loss or damage resulting from the handling, use, storage, disposal or application of the Products delivered hereunder. Further, Buyer and as applicable, Buyer’s customers, end users or third parties shall defend, indemnify and hold harmless Southeastern Steel Manufacturing Co. (and Southeastern Steel Manufacturing Co.’s parent company, its subsidiaries, affiliates, successors or assigns and their respective directors, officers, shareholders and employees, individually and collectively “Indemnified Parties”) against any and all claims, demands, judgments, loss, injury, death, damage, liability, deficiency, actions, 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 arising out of or occurring in connection with the Products purchased from Southeastern Steel Manufacturing Co. and involving Buyer’s and/or Buyer’s customers’, end users’, or third parties’ acts, omissions, negligence, misconduct, breach of Southeastern Steel Manufacturing Co.’s Terms; or relating to a breach or non-fulfillment of any representation, warranty or covenant under this Agreement by Buyer or Buyer’s personnel; or alleging or relating to any bodily injury, death of any person or damage to real or tangible personal property caused by the acts or omissions of Buyer or its personnel and/or Buyer’s customers, end users, or third parties; or relating to a purchase of a Product by any person or entity purchasing directly or indirectly through Buyer and not directly relating to a claim of Limited Warranty breach; or relating to any failure by Buyer or its personnel and/or Buyer’s customers, end users, or third parties to comply with any applicable laws or regulations. The right of Indemnified Parties to be indemnified and held harmless under the foregoing shall not be exclusive, but shall be in addition to any and all other rights and remedies to which Indemnified Parties may be entitled under this Agreement or otherwise.
Buyer and/or Buyer’s customers, end users, or third parties agree to familiarize itself and keep informed (without reliance on Southeastern Steel Manufacturing Co.) with regards to any hazards to persons and/or property involved in handling, use, storage, disposal or application of the Products. Buyer and/or Buyer’s customers, end users, or third parties shall advise its employees, customers, independent contractors and others who handle, use, store, dispose or apply such Products of any such hazards. Buyer and/or Buyer’s customers, end users, or third parties represent and warrant that the Products sold by Southeastern Steel Manufacturing Co. will not be used in connection with any applications where failure or malfunction could create a situation in which personal injury or death is likely to, or could occur.

THESE LIMITED AND CONDITIONAL WARRANTIES ARE EXCLUSIVE AND IN LIEU OF ALL OTHER WRITTEN OR UNWRITTEN, EXPRESS OR IMPLIED REPRESENTATIONS, SPECIFICATIONS, WARRANTIES AND REMEDIES, HEREIN OR ELSEWHERE, OR WHICH MAY ARISE UNDER LAW OR EQUITY, OR PURSUANT TO ANY COURSE OF DEALING OR CUSTOM OR USAGE OF TRADE, AND Southeastern Steel Manufacturing Co. EXPRESSLY DISCLAIMS ANY EXPRESS OR IMPLIED WARRANTY OF MERCHANTABILITY AND OF FITNESS FOR A PARTICULAR, SPECIFIED OR INTENDED PURPOSE OR USE OF THE PRODUCT, EXCEPT FOR WARRANTY OF TITLE. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, WHICH EXTEND BEYOND THE SEPARATE WRITTEN WARRANTY REFERENCED ON THE FACE HEREOF. NON-PAYMENT SIXTY (60) DAYS PAST THE DATE OF AN INVOICE MAY VOID WARRANTY. DETERMINATION OF THE SUITABILITY OF THE PRODUCT COVERED BY THIS AGREEMENT FOR THE USE CONTEMPLATED BY THE BUYER OR BUYER’S CUSTOMERS IS THE SOLE RESPONSIBILITY OF THE BUYER IN CONNECTION THEREWITH; BUYER ASSUMES ALL RISK AND LIABILITY FOR LOSS, DAMAGE OR INJURY ARISING OUT OF OR RELATING TO THIS AGREEMENT, INCIDENT TO THE USE OR POSSESSION OF THE PRODUCT FURNISHED UNDER THIS AGREEMENT, OR THE SUPPLYING OF PRODUCTS TO BUYER OR ANY SERVICES PROVIDED TO BUYER, ANY THIRD PARTY RIGHTS IN THE PRODUCTS OR ANY USE OF THE PRODUCTS OR THE RESULTS OR DECISIONS MADE OR OBTAINED BY USERS OF THE PRODUCTS, EVEN IF Southeastern Steel Manufacturing Co. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

BUYER’S AND/OR BUYER’S CUSTOMERS’, END USERS’ OR THIRD PARTIES’ SOLE AND EXCLUSIVE REMEDY AGAINST Southeastern Steel Manufacturing Co. SHALL BE THE REMEDY OF DEFECT IN PRODUCT DELIVERED HEREUNDER AS PROVIDED BY, AND WITHIN THE TIME PERIOD SPECIFIED IN Southeastern Steel Manufacturing Co.’S LIMITED WARRANTY SET FORTH HEREIN. Southeastern Steel Manufacturing Co.’S LIMITED WARRANTY CONSTITUTES THE SOLE REMEDY OF BUYER AND BUYER’S CUSTOMERS, END USERS OR THIRD PARTIES, AS APPLICABLE WITH RESPECT TO OR ARISING OUT OF THE EQUIPMENT, PRODUCT OR SERVICES OF Southeastern Steel Manufacturing Co., WHETHER BASED ON CONTRACT, MANUFACTURER, SALE, ALTERATION, USE, REPAIR, REPLACEMENT, TORT (INCLUDING NEGLIGENCE AND STRICT LIABILITY), OR OTHERWISE. NOTWITHSTANDING ANY OTHER PROVISIONS HEREOF, IN NO EVENT SHALL Southeastern Steel Manufacturing Co. BE LIABLE TO BUYER, BUYER’S CUSTOMER, END USER OR THIRD PARTY, WHETHER ARISING UNDER PERFORMANCE OF THE Southeastern Steel Manufacturing Co. TERMS (OF WHICH THIS LIMITED AND CONDITIONAL WARRANTY IS A PART), OR BREACH OF SUCH TERMS, OR MANUFACTURE, SALE, ALTERATION, USE, REPAIR, REPLACEMENT, TORT (INCLUDING NEGLIGENCE AND STRICT LIABILITY OR OTHERWISE), FOR LOSS OF ANTICIPATED PROFITS, LOST SALES, INJURY TO PERSONS OR PROPERTY, LOSS BY REASON OF PLANT SHUTDOWN, NON-OPERATION, FORCE MAJEURE OR INCREASED EXPENSE OF OPERATION, SERVICE INTERRUPTIONS, CLAIMS OF CUSTOMERS, END USERS OR THIRD PARTIES OF BUYER AND BUYER’S CUSTOMERS’, END USERS’ OR THIRD PARTY’S COST OF MONEY, LOSS OF USE OF CAPITAL OR REVENUE, OR FOR ANY SPECIAL, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL LOSS OR DAMAGES OF ANY KIND WHATSOEVER.

Warranty

The warranty period for all Southeastern Steel Manufacturing Co. Manufacturing Company Products manufactured and provided by Southeastern Steel Manufacturing Co. Manufacturing Company or a Southeastern Steel Manufacturing Co. Manufacturing Company authorized distributor is for a period of twelve (12) months from date of shipment from the Southeastern Steel Manufacturing Co. Manufacturing company designated shipping point, unless otherwise specifically indicated as follows:

  • Steel Containers – 12 months from date of shipment from the Southeastern Steel Manufacturing Co. designated shipping point.