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TERM S O F PAYM EN T.— ($ ---------------... or ($ .............. . .I........... Net Cash— 3 0 Days Down Payment .) .............. p i > T otal Tim e Pr^ce T h e prices specified above are in U .S , currency and all settlements are required on that basis in N ew Y o rk exchange, free o f all expense to vendor for collection charges. T his proposal is made subject to provisions set forth below. A ccep ted :..;............. . ............... .........1 9 4 W O R T H I N G T O N P U M P A N D M A C H I N E R Y C O R P O R A T I O N By.. P 14^ -------- ( T o be indicated b y Purchaser) Ship to ....____ ____________________™u...— ......-------------------------------- -------| --------- --------------------------- ...... Charges.. Routing ......................................... Special Shipping M arks (if a n y ). Dimension Prints to be M ailed to References 1 Bank... : Trade.. PROVISIONS 1- T h e V en dor warrants the machinery herein described, so far as the same is o f its own manufacture, against defects in material and workmanship, under normal use and service, for a period o f one year after date o f shipment o f the machinery; the V en dor’s obligation under this warranty being limited, however, to furnishing or repairing, without charge,-F. O . B . its W ork s, a «m ilar part to replace any part o f its own machinery which within three months frpm date o f starting and not more than one year after date o f shipment o f die machinery is proven to have been defective at the time it was shipped, provided the P ur­chaser has given the V en dor immediate written notice upon the discovery o f such d e fe ct T h e V en dor shall have the option o f requiring the return o f the defective material, transportation prepaid, to establish the claim. T h e V en dor shall in no event be liable for damages caused by defective material and no allowance w ill be made for repairs or alterations, unless made by its written consent or approval. T h e V endor shall not be held responsible for w ork done, apparatus furnished or repairs made by others. T here are no warranties, express or implied, except the above and such other express warranties, if any, as may be definitely set forth herein. T h e Vendor shall not be liable for any special, indirect or consequen­tial damages. 2 - T h e rimp o f shipment named herein is the approximate date o f shipment from the W orks. T h e V en dor shall not be liable for flamagp« on account o f delays beyond the reasonable control o f the V endor, including among other, priority and license requirements o f the U .S . Government. Receipt by the Purchaser shall constitute acceptance o f delivery. 3 - W h en in the opinion o f the V en dor the financial condition o f the Purchaser renders\ it necessary, the V en dor may re­quire cash payment or satisfactory security before shipment. > 4 - I f shipment be deferred at Purchaser’s request, then payment shall becom e due and\payable thirty ( 3 0 ) days after written notification by the V en dor that the machinery is ready to load and ship. 5 - T h e V en dor reserves the right to furnish substitutes for materials when unable to obtain same due to governmental restrictions, prohibitions or priorities. 6 - T h e title and right o f possession to the machinery remains in the V en dor and the machineiy shall remain personal property, until fully paid for in cash. T h e Purchaser agrees to d o all acts necessary to protect and maintain the above title and right In case o f repossession and sale o f such personal property for default in payment o f any part o f the total time price, all sums paid on account o f such price and any sum remaining from the proceeds o f a sale o f such yepossessed personal property after deducting the reasonable expenses o f such repossession and sale shall be applied in reduction o f such price, and that, if the net proceeds o f such sale exceed the balance due on such price, foe sum remaining shall be paid to the Purchaser. 7 - T h e Purchaser shall pay to the V en dor, in addition to the purchase price, the amount b f all Sales, U se, Privilege, Occupation, E xcise, or other similar taxes. Federal, State, or L ocal, which the V en dor is required to pay in connection with furnishing the said goods to the Purchaser. jC , | . . 8 - I f delivery specified herein is F . O . B . point o f destination or F . O . B . V en dor’ s W ork s (o r where m ade) with freight allow ed, the Purchaser shall pay to die V endor, in addition to the purchase price, any amount by which die freight on the goods purchased may be by reason o f increased freight rates, between the dates o f signature o f this contract and shipment 9 - T h is p r o p o s a l is fo r im m ed ia te a cce p ta n ce a n d is s u b je c t to ch a n g e o r w ith d ra w a l w ith o u t n o tic e . N o p ro m ise s, a g reem en ts o r u n d ersta n d in g s re la tiv e to th e s u b je c t m£|itter o th e r th a n th o se h erein se t fo r th , sh a ll b e b in d in g o n th e V e n d o r . P age 2