Terms And Conditions

A. Payment

Unless otherwise stated, all payments shall be due upon receipt of invoice. On any amounts not paid when due, customer agrees to pay interest at the rate of 1-1/2% per month (18% per year) or, if such rate is in excess of the rate allowed by law, then the highest rate allowed by law. In addition, customer agrees to pay all costs of collection, including costs of litigation and reasonable attorney's fees. AMG reserves the right to obtain a security interest in the products sold to customer, and in proceeds thereof, until payment is made in full by customer. Customer agrees to execute financing statements and other instruments at AMG's request. A $20.00 collection fee will be charged for all dishonored checks.

B. Taxes

Unless otherwise stated on the face hereof, stated prices do not include any customs duties, sales, use, value added, excise, federal, state, local or other taxes. All such duties or taxes shall be paid by customer, or, in lieu thereof, customer shall provide AMG with an appropriate tax exemption certificate.

C. Title and Risk of Loss

Title to and risk of loss on all products passes from AMG to customer upon shipment from our facility. AMG's liability for delivery shall cease, and title and all risk of loss or damage shall pass to customer upon delivery to carrier.

D. Warranty Information

E. Return Procedures

F. Entire Agreement

These terms and conditions, including those on the face hereof, constitute the entire agreement with regard to this sale and expressly supersede and replace any prior or contemporaneous agreements, whether written or oral, relating to said sale, including any terms and conditions on any of customer's documents or purchase orders. This agreement shall be binding upon the heirs, successors and assigns of the parties hereto. If any provision of this agreement shall be held to be invalid or unenforceable, the remainder of this agreement shall remain in full force and effect.

G. Governing Law, Jurisdiction and Costs

This agreement is governed by the laws of the State of Rhode Island, without regard to its conflict or choice of law provisions. Customer acknowledges and agrees that Rhode Island is an appropriate place for venue of any litigation and that Rhode Island courts have jurisdiction over this agreement and customer.

H. Terms and Conditions

This sale is subject to the terms and conditions stated herein, which are in lieu of and replace any and all terms and conditions set forth in any documents issued by customer, including, without limitation, purchase orders and specifications. In case of conflict between the terms and conditions stated here and those on the face hereof, those on the face hereof shall control. Any additional, different or conflicting terms and conditions on any such document issued by customer at any time are hereby objected to by AMG, and any such document shall be wholly inapplicable to any sale made hereunder and shall not be binding in any way on AMG.

Copyright 2005, Atlantic Memory Group (AMG), All Rights Reserved