Terms & Conditions

Customer:

Price

The prices of the products and services provided by Core Materials, Inc. (“Company”) are those prices specified on the front of the invoice. Pricing for undelivered products may be increased in the event of an increase in Company’s cost, change in market conditions or any other causes beyond Company’s reasonable control. Price quotations shall automatically expire in thirty (30) days from the date issued, or as otherwise stated in the quotation. Additionally, if customer retains a balance in excess of 30 days, Company may, in its sole discretion, impose interest at the rate of 1.5% per month on the outstanding amount owed.

Delivery & Title

Title and risk of loss pass to the customer upon delivery to the carrier. Company’s delivery dates are estimates only and Company is not liable for delays in delivery or for failure to perform due to causes beyond the reasonable control of Company, nor shall the carrier be deemed an agent of Company. A delayed delivery of any part of an order does not entitle customer to cancel other deliveries.

Returns

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Only products originally shipped from Company or from an authorized supplier will be

considered for return to or exchange with Company. By a customer requesting return or exchange of products with Company, the customer certifies that the products were purchased from Company and there has been no substitution of the product from another supplier, distributor or other source of the product, and that such returned or exchanged products are in their original packaging. Returns must be in the original packaging and in unused condition except if approved for failure analysis by a Company representative. Customer must provide notice of its desire to return or exchange any products obtained from Company within ten (10) days after receipt of such products from Company. Customer waives its right to such return or exchange if customer fails to provide such notice to Company within such ten (10) day period. Specialty items ordered will incur a restocking fee expressed by Vendor's return policy.

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No Warranties

Please note, Company does not make specific recommendations concerning which of its goods are suitable for particular jobs or purposes. It is up to you the customer to determine your own specific requirements for each lot or job. COMPANY MAKES NO WARRANTY, EXPRESS OR IMPLIED, THAT THE GOODS ARE MERCHANTABLE OF IT FOR ANY PARTICULAR PURPOSE. THE COMPANY GIVES NO WARRANTY EXPRESSED OR IMPLIED AS TO DESCRIPTION, QUALITY, MERCHANTABILITY FITNESS FOR ANY PARTICULAR PURPOSE, PRODUCTIVENESS, INSTALLATION OR ANY OTHER MANNER OF ANY GOODS HEREIN SOLD. BY PURCHASING GOODS FROM CENTENNIAL BOLT, INC. YOU, THE CUSTOMER, ACKNOWLEDGE THAT YOU ARE NOT RELYING ON CENTENNIAL BOLT, INC.’S SKILL OR JUDGMENT TO SELECT OR FURNISH GOODS SUITABLE FOR ANY PARTICULAR PURPOSE AND THAT THERE ARE NO WARRANTIES WHICH EXTEND BEYOND THE DESCRIPTION ON THE FACE HEREOF. THAT THERE ARE NO WARRANTIES ARISING FROM ANY TRADE CUSTOM USAGE OR COURSE OF DEALINGS BETWEEN THE PARTIES, COMPANY DOES NOT ASSUME, NOR AUTHORIZE ANY OTHER PERSON TO ASSUME FOR COMPANY ANY LIABILITY IN CONNECTION WITH THE SALE OR USE OF THE GOODS HEREIN SOLD. THE CUSTOMER ACKNOWLEDGES THAT NO REPRESENTATIONS WERE MADE TO IT OR RELIED UPON BY IT WITH RESPECT TO THE QUALITY, FUNCTION OR USE OF THE GOODS HEREIN SOLD AND FURTHER ACKNOWLEDGES THAT THE LIMIT OF COMPANY’S LIABILITY UPON ANY EXPRESS WARRANTY MADE TO THE CUSTOMER BY THE COMPANY SHALL BE LIMITED TO THE ACTUAL PURCHASE PRICE PAID BY THE CUSTOMER FOR THE GOODS HEREIN SOLD. CORE MATERIALS INC. SHALL IN NO CIRCUMSTANCES BE LIABLE FOR ANY INCIDENTAL OR CONSEQUENTIAL DAMAGES.

Limitation of Liability

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Company’s liability to customer is limited to customer’s direct damages up to an amount not

exceeding the price of the product at issue. Company is not liable for, and customer is not entitled to any indirect, special, incidental or consequential damages (for example, loss of profits or revenue, loss of data, loss of use, rework, repair, manufacturing expense, costs of product recall, injury to reputation or loss of customers). To the extent Company cannot lawfully disclaim any implied or statutory warranties, customer’s statutory rights are not affected by this limitation of liability. Customer will indemnify, defend and hold Company harmless from any claims based on (a) customer’s compliance with Company’s designs, specifications, or instructions, (b) modifications of any products by anyone other than Company, or (c) use in combination with other products. 

Indemnification

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The customer agrees to indemnify and hold harmless Company and its affiliates and each such parties’ owners, officers, directors, employees, and agents from any direct or indirect claims, demands causes of action, suits, judgments, loss, harm, damage, penalty, liability and the like, which may be attributable, in any manner, to any such product or service provided by Company.

Miscellaneous

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These terms and conditions shall be governed, construed, and enforced by the laws and courts of the State of California.  The State of California shall have jurisdiction over all controversies arising out of, or relating to, these terms and conditions. In the event of default by customer, including without limitation, failure by customer to make required payments to Company or any breach by customer of these terms or any agreement entered into

with Company, Company shall be entitled to costs, fees, and expenses, including but not limited to recovery of attorney fees, court costs and fees, and collections costs. Additionally, in the event of any dispute between the parties concerning these terms and conditions, the party prevailing in such dispute shall be entitled to collect from the other party all costs incurred in such dispute, including reasonable attorneys’ fees.

The following is required or payment may be delayed/ material may be rejected:
1. Material is required BEFORE due date listed on PO.
2. Have all packages labeled with Industry standard labeling and markings.
3. Have all Certifications shipped and received with product at time of delivery or
be subject to receiving refusal. Core Materials Inc. will not assume liability of return
shipment costs.
4. A list containing “product of origin” on packing slip.
5. No material items that conflict with Section 1502 of the Dodd-Frank Wall Street
Reform and Consumer Protection Action (the “Conflict Mineral Law”).

6. All shipments must be clearly marked with the following:
• PO Number
• List of item descriptions and corresponding quantities
• If applicable, any associated material code.
Shipments may be REFUSED by Core Materials, Inc. and its subsidiaries if the above
requirements are not followed.
Core Material’s customers require RoHS compliance on all RoHS specified products
and your product must be compliant. Please contact material manager if any questions
arise concerning this matter.