Precision Fitting & Gauge Company ("Precision Fitting & Gauge") Conditions of Sale: Buyer's purchase order or quotation shall be subject only to the terms and conditions set forth herein, notwithstanding any terms and conditions that may be contained in any purchase order, acknowledgement or other form by Buyer. Such terms and conditions of Buyer shall not bind Precision Fitting & Gauge unless accepted by it in writing whether or not they materially alter this order. This order shall be governed in all respects by the laws of the State of Oklahoma. In the absence of a written agreement, an acceptance of any goods received by Buyer filling a purchase order to Precision Fitting & Gauge shall constitute an acceptance of these terms and conditions.

General Terms of Sale: Payment: 1% 10 days, Net 30 days, on approved credit. Precision Fitting & Gauge accepts payment by American Express, MasterCard or Visa. (Payment by credit card must be communicated at time of order placement; card will be charged at time of shipment.) FOB: Shipping point.

Quotation Expiration: All quotations are valid for 30 days from quotation date, unless otherwise specified.

Selling Price: The selling price on back orders, and as shown on Precision Fitting & Gauge Web site is subject to change without prior notification and will be priced in accordance with the price list in effect at the time of shipment.

Shipping Discrepancies: Errors in shipping quantity or damage to shipped products must be reported within ten (10) business days of receipt of product, or will not be acted upon.

Return for Credit or Exchange: All returns must be authorized in advance by Precision Fitting & Gauge Company and reference a return authorization number issued by Precision Fitting & Gauge Company. Items to be returned must be current revisions of standard price list items in original unopened packaging and in sellable condition. Quantity of any item may be limited to 25% of the quantity of that item shipped during the six months immediately prior to the return request. Return of such items is subject to a return-processing fee of at least 25% of the extended sales price of the item(s) being returned. Non-standard, modified, special order and fabricated assemblies are non-cancelable and non-returnable. All return authorizations expire 30 days after authorization notification.

Delivery: Precision Fitting & Gauge shall not be liable for any delays in or failure of delivery due to acts of God or public authority, labor disturbances, accidents, fires, floods, extreme weather conditions, failure of and delays by carriers, shortages of material, delays of suppliers, or any other cause beyond Precision Fitting & Gauge's control. In no event shall Precision Fitting & Gauge be liable for consequential or special damages arising out of a delay in or failure of delivery. Buyer's requested delivery date or schedule shall be approximate and subject to Precision Fitting & Gauge's acceptance.

Warranty: Precision Fitting & Gauge provides no warranty with respect to the goods sold hereunder. Precision Fitting & Gauge agrees to use its best efforts to assist Buyer in enforcing any warranty provided by the Manufacturer(s) of the goods. The repair or replacement of defective products under warranty is at the sole discretion of the manufacturer; Precision Fitting & Gauge does not replace returned defective products with new products. In no event shall Precision Fitting & Gauge or Precision Fitting & Gauge's supplier(s) be liable for consequential or special damages arising out of a defect in material or workmanship.

Nuclear Indemnity: If the goods are to be used in any nuclear installation or activity, the Buyer or the ultimate user (i) shall secure and maintain the maximum nuclear property liability insurance protection available (ii) shall enter into and maintain a government indemnity agreement, and (iii) shall waive and require its insurers to waive all rights of recovery or subrogation against Precision Fitting & Gauge and shall indemnify and hold Precision Fitting & Gauge harmless from and against any claims, losses or damages (including consequential or special damages of any kind) arising out of a Nuclear Incident as that term is defined in the Atomic Energy Act of 1954, as amended.

Taxes: Any sales, use, excise or similar tax payable by Precision Fitting & Gauge which is or may be imposed by any taxing authority upon the sale or delivery of goods covered by this order, or any increase in rate of any such tax not in force, shall be added to the sales price; if not collected at the time of payment of sales price, Buyer will hold Precision Fitting & Gauge harmless.

Attorneys'  Fee: In the event that default should occur in the payment for the goods sold hereunder, Buyer agrees to pay Precision Fitting & Gauge's reasonable attorney's fees and court costs incurred by Precision Fitting & Gauge to enforce payment thereof.

Finance Charge: 1 1/2% monthly (18% per annum) on past due accounts.