TERMS & CONDITIONS OF SALE, Millennium Optics, Inc.

1.0 GENERAL
1.1 Millennium Optics, Inc. is hereinafter referred to as the "COMPANY", and the company, agency, or
individual to whom any proposal or quotation is made and/or from whom any purchase order is received is
hereinafter referred to as the "CUSTOMER."
1.2 All quotations are subject to final written acceptance by COMPANY in Solon,
Ohio of CUSTOMER'S purchase order. This includes any exceptions thereto, before any responsibility for
performance shall exist on the part of the COMPANY. All purchase orders received by COMPANY not in
response to a quotation are subject to written acceptance by COMPANY. All changes from the written quotation
of COMPANY must be approved and accepted in writing by COMPANY at its address in Solon, Ohio.
CUSTOMER is hereby notified in advance of COMPANY'S objection to any proposed additional or different
Terms and conditions.
1.3 Unless otherwise set forth in the details of the written quotation or proposal, all quotations are valid for a
period of thirty (30) days from the date thereof. Any purchase order issued by CUSTOMER with respect to a
quotation from COMPANY shall be subject to written confirmation of acceptance by COMPANY.
1.4 CUSTOMER agrees that no redesign or reverse manufacturing will occur with respect to products
manufactured by COMPANY and sold to CUSTOMER without written approval from the COMPANY.
2.0 PRICING AND TAXES
2.1 All prices are F.O.B COMPANY'S plant Solon, Ohio unless otherwise  specified. Federal, state or other
taxes are not included in price quotations.
2.2 COMPANY reserves the right to correct all typographical or clerical errors which may be present in the
prices or specifications of a quotation.
2.3 COMPANY reserves the right in accepting any purchase order to adjust COMPANY'S prices at the time of
invoicing to reflect price increases from COMPANY'S suppliers under the following conditions:
(a) Time from issuance of COMPANY'S quotation to receipt of CUSTOMER'S purchase order exceeds thirty
(30) days.
(b) Time from acceptance of CUSTOMER'S purchase order to shipment, as mutually agreed upon, exceeds
ninety (90) days.
(c) CUSTOMER requests changes related to delivery, materials, performance, or
specialized products which require COMPANY to incur costs in excess of those
included in COMPANY'S quotation.
3.0 PAYMENT AND TERMS OF PAYMENT
3.1 PAYMENT AND CREDIT
(a) Standard items are net thirty (30) days.
(b) Sales in excess of five thousand dollars ($5,000) are subject to special provision for terms of payment as
set forth in COMPANY'S quotation and may include:
(1) Payment at time of acceptance of purchase order;
(2) Progress payment;
(3) Payment prior to shipment;
(4) Other terms as defined by COMPANY.
(c) The minimum purchase order which may be placed with the COMPANY is two hundred and fifty dollars
($250.00).
3.2 Failure on the part of CUSTOMER to make full payment on all sums due COMPANY as set forth in
COMPANY'S quotation and these standard terms and conditions of sale shall constitute a material breach of
contract by CUSTOMER.
3.3 COMPANY may, at its sole option, thereafter proceed to exercise any or all of the COMPANY'S remedies
for breach of contract. In addition, COMPANY may charge and collect from CUSTOMER a late charge for any
overdue balance due COMPANY computed at the rate of one-and-one-half percent (1.5%) per month for the
period of time said balance or any part thereof is overdue . Said late charge shall be added to any overdue
balance. Due date for payment is specified on invoices and is 30 days from shipment from COMPANY’S Solon,
Ohio facility.
3.4 If shipments are delayed by CUSTOMER, payments shall become due from the date when COMPANY is
prepared to make shipment. If manufacture is delayed by CUSTOMER, payments shall thereupon be made
based on the contract price and percentage of completion. Products held by COMPANY for CUSTOMER shall
be at the risk and expense of CUSTOMER.
4.0 CANCELLATION
4.1 Any request by CUSTOMER for cancellation in total or in part of any purchase order accepted by
COMPANY shall be subject to the following conditions:
(a) COMPANY must receive written notice of Request for Cancellation, stating    the reasons therefore.
(b) CUSTOMER shall be liable for payment of the following charges to COMPANY in the event of cancellation:
(1) All charges incurred prior to the date that the notice of cancellation is
received by COMPANY for all products peculiar to CUSTOMER'S requirement. Upon payment by CUSTOMER
of these charges such parts become the property of CUSTOMER. COMPANY will store said parts for a
reasonable period of time pending receipt of CUSTOMER'S instructions for disposition. Such storage is at
CUSTOMER'S risk and may be subject to storage charges if stored by COMPANY for longer than thirty (30)
days from the cancellation date; plus
(2) Charges to convert modified standard parts for return to COMPANY'S inventory; plus
(3) A restocking charge of a minimum of forty percent (40%) but not to exceed total sales order value.
(4) Custom or special orders are non-cancelable.
5.0 SHIPMENT AND DELIVERY
5.1 RECEIPT OF DAMAGED GOODS: It is the responsibility of CUSTOMER to IMMEDIATELY (Within 5
business days of receipt of goods) file claims for any damages to contents.
(a) Inspect the contents of the shipment and check the merchandise carefully.
(b) If any damage is found, contact the carrier and request to file a damage claim. Request for inspection must
be made IMMEDIATELY. The delivering carrier will want to know:
(1) Name & address of shipper (SVTA).
(2) UPS/FedEx/DHL/USPS/other shipper number (if applicable).
(3) Tracking number.
(4) Contents of shipment.
(5) Value.
(6) Nature of damage and, if available, estimated repair costs.
(c) Keep the container, all packing material, and invoice until damage claim is settled. The package and
contents will need to be inspected by the carrier.
(d) After notifying the carrier, contact the COMPANY and request a Return Authorization Number. (See Section
7.0, RETURN POLICY.)
(e) Failure to contact the carrier and file a claim results in CUSTOMER liability.
5.2 Title to all items sold passes to CUSTOMER upon delivery of purchased items to the carrier for shipment
per CUSTOMER'S instructions. COMPANY is not responsible for loss or damage after delivery to carrier. Title
to items supplied on lease or consignment remains with COMPANY, and CUSTOMER is responsible for
safeguarding same.
5.4 COMPANY'S delivery estimates represent the best information available at that time, and COMPANY will
make every effort to meet such dates. Unless there is a specific agreement in writing by COMPANY, COMPANY
shall not be liable for any claims of damage by CUSTOMER resulting from any delay in shipping dates from
those quoted.
6.0 WARRANTY AND LIMITATIONS OF REMEDIES
6.1 COMPANY warrants that all equipment manufactured by it shall be free from defects in materials and
workmanship under normal use and service for a period of six (6) months from the date of shipment from
COMPANY'S plant. This warranty is subject to COMPANY'S products being installed, maintained, and operated
in accordance with the operating and maintenance instructions
accompanying each item manufactured by COMPANY. Warranty shall be void if COMPANY'S products are
modified by CUSTOMER or used in other than the recommended manner or applications. Purchased
equipment incorporated into any item supplied by COMPANY will be covered by manufacturer's warranty.
6.2 COMPANY warrants that, at the time of delivery, any other products processed or manufactured and sold
by it hereunder are free of defects in material and workmanship and conform to COMPANY specifications.
6.3 No warranty is provided by COMPANY for products sold hereunder which are not manufactured or
processed by COMPANY, but the manufacturer's warranty for such products, if any, shall be assigned to
CUSTOMER without recourse to COMPANY.
6.4 The foregoing warranties are in lieu of and exclude all other warranties not expressly set forth herein,
whether expressed or implied by law or otherwise, including without limitation any warranty of merchantability or
fitness for a particular purpose. In no event will COMPNAY be liable for consequential damages.
6.5 IN THE EVENT OF COMPANY'S LIABLITY, WHETHER BASED ON CONTRACT, TORT (INCLUDING BUT
NOT LIMITED TO NEGLIGENCE AND STRICT LIABLITY) OR OTHERWISE, CUSTOMER'S SOLE AND
EXCLUSIVE REMEDY WILL BE LIMITED, AT COMPANY'S OPTION, TO REPAIR OR REPLACEMENT (F.O.B.
COMPANY'S PLANT) BY COMPANY OF ANY NON-
CONFORMING ITEM FOR WHICH CLAIM IS MADE BY CUSTOMER OR TO REPAYMENT OF THE PORTION
OF THE PURCHASE PRICE PAID BY CUSTOMER ATTRIBUTABLE TO THE NON-CONFORMING ITEM.
COMPANY WILL NOT BE LIABLE FOR ANY OTHER DAMAGES, WHETHER DIRECT, INCIDENTAL,
CONSEQUENTIAL OR OTHERWISE.
7.0 RETURN POLICY
7.1 Any request by CUSTOMER for return of standard products other than for warranty claims under Section 7
hereof, for all or any part of purchase order accepted by COMPANY, shall be subject to the following
conditions:
(a) Notification must be made to COMPANY by CUSTOMER within thirty (30) days of original shipping date.
(b) A "RETURN GOODS AUTHORIZATION" number must be assigned to and accompany all goods or materials
being returned by CUSTOMER to COMPANY. Said number must be assigned by COMPANY prior to any and all
returns. Goods not accompanied by a "RETURN GOODS AUTHORIZATION" number will be refused by
COMPANY and returned at CUSTOMER'S expense.
(c) CUSTOMER shall prepay shipping charges for products being returned to COMPANY.
(d) Products being returned to COMPANY should be properly packaged for shipment, and CUSTOMER shall
bear the risk of loss until delivered to COMPANY.
(e) Products being returned to COMPANY must be returned in the condition originally received by CUSTOMER
and free from damage, use or modification which would render the product unusable for resale by COMPANY.
(f) All applicable taxes, duties, insurance, and shipping charges shall be the sole responsibility of CUSTOMER.
(g) Goods being returned for other than warranty repair shall be subject to a restocking charge of forty (40)
percent of the original sales price of the returned item.
7.2 Return of Products for Repair
(a) Before shipping products for repair, obtain a Return Authorization Number assigned by COMPANY.
8.0 SERVICE CALLS
8.1 Service calls, other than those required by the specific terms of quotation, shall be made at the expense of
CUSTOMER.
9.0 PATENTS AND RIGHTS
9.1 The equipment to be provided by COMPANY under its quotation may include items for which a supplier or
COMPANY holds patent rights, or has patent rights pending, or has a license to manufacture under patent
rights held by others. COMPANY shall not be liable for any claims against CUSTOMER arising from such patent
or license rights.
9.2 The acceptance of a purchase order, submittal, or quotation, or supply of products, services or equipment
does not constitute an offer, nor imply the obligation of COMPANY to make any patents, patent rights, or
license to manufacture available to CUSTOMER or any third party having a contractual relationship with
CUSTOMER with respect to any item supplied by COMPANY.
9.3 All drawings, unique techniques and inventions made by COMPANY, its agents or employees in the
fulfillment of any contract shall be and remain the property of COMPANY.
10.0 LAW AND REFORM
10.1 All contracts and transactions between COMPANY and CUSTOMER shall be governed and construed in
accordance with the laws of the State of Ohio and shall be enforceable only in
the State and Federal Courts of said Ohio.

Purchasing Institue/Company____________________________________________________________


Official Authorized Signature/Title____________________________________ Date________________

MOI-1443