Terms and Conditions

STANDARD TERMS AND CONDITIONS OF SALE

Proposals, quotations, and purchase orders for the sale of Howder Electronics ("Seller") products, or for services provided by the Seller, are governed by the following terms and conditions unless explicitly specified otherwise in writing during the quotation or sales processes.

  1. PRICES. Price quotations are valid for a period of thirty (30) days from the date of the quote and are then subject to possible change.

  2. CANCELLATION. Once accepted, buyer agrees that order is noncancellable. If buyer attempts to cancel order, buyer shall be liable to Seller for all costs incurred by Seller prior to receipt of written notice of cancellation, including cost of engineering, project management, components and materials, labor and other manufacturing expenses. All progress payments, advance payments and/or deposits shall be nonrefundable.

  3. SHIPMENTS. Unless otherwise mutually agreed upon in writing, all products shall be shipped EXW-Taiwan.

  4. PAYMENT. Unless otherwise mutually agreed upon in writing, payment terms are T/T in advance.

  5. CREDIT. Payment terms are subject to approval of Seller’s credit department. Seller reserves the right at any time to revoke any credit extended to buyer because of buyer’s failure to pay for any goods or services when due or for any other reason deemed good and sufficient by Seller, and in such event all subsequent shipments shall be paid for on delivery. In the event Seller places buyer’s account for