Terms & Conditions

AETCO Inc. offers products for resale to retail accounts who applied for and qualified to become a dealer for AETCO Inc. Dealers must follow the terms & conditions set forth below. Publication and distribution of AETCO Inc. catalogs/or price lists does not constitute an offer to sell. AETCO Inc. reserves the right to sell its products to only those dealers who meet qualifications, and to review the qualifications and sales efforts at any given time. All orders are subject to acceptance by AETCO Inc. At its sole discretion,
AETCO Inc. reserves the right to accept any order, subject to the terms & conditions of this agreement.

Resale.

Customer is purchasing for re-sale (at retail) purposes only. Customer agrees to obtain and maintain a state resale (sales tax) number and certificate in the state in which Customer conducts its business.

Order Requirements

Account must be established before any orders are accepted. For orders to be accepted you must provide a part number. No minimum order. All order changes or cancellations must be made via fax.

Terms / Past Due Accounts

Pre-Pay, C.O.D. and Net 30 accounts available. Net 30 terms will be granted to only those who meet AETCO Inc.’s account requirements. Solely the credit department makes decisions concerning open accounts or credit extension. A service charge of 1 ½% per month shall be imposed on the unpaid balance of delinquent invoices.

Prices

Retail prices shown are listed only as a guideline for suggested retail price. AETCO Inc. expects to maintain prices through 2013; however AETCO Inc. reserves the right to change prices without notice. AETCO Inc. always recommends calling and checking pricing whenever bids and contracts are involved.

Freight/Drop Shipments

Prepaid Freight – Prices are shown at F.O.B. AETCO Inc. All Shipments are shipped UPS Ground unless otherwise stated by the customer and confirmed by AETCO Inc. customer service. All priority shipments to ship same day must arrive by 12:00pm PST. AETCO Inc. recommends that you contact your account representative to confirm priority shipping. Post Offices and APO addresses not accepted. AETCO Inc. reserves the right to insure any packages at their discretion. Shipment claims must be made within 3 business days after receipt of order. Please keep all materials involved in the shipment.

Returns / Defective Merchandise

Returns must be shipped prepaid and cannot be accepted without receiving a prior written and or verbal Return Authorization Number from AETCO Inc. The Return Authorization Number must appear on the outside of each box being returned. Please call your account representative for Return Authorization Numbers. Unauthorized returns will be refused. Merchandise is subject to a 15% restocking fee. Additional charges will be asses sed for merchandise requiring new packaging. All restocking charged will be determined at original purchase value. No credit will be extended to obsolete items, special manufactured items or tampered / neglected items. All defective merchandise must be sent back to AETCO Inc. for inspection. Items must be sent back freight prepaid, but will be reimbursed by AETCO Inc. after inspection is made and the item is found to be defective. If item needs repair please call customer service for details.

Bid Policy

AETCO Inc. will honor any prices for bids or contracts up to (1) year when requested in writing by the dealer and signed by an authorized account representative. No prices will be guaranteed or accepted without such requirements. AETCO Inc. will also guarantee no more than a 5% increase for the subsequent calendar year. AETCO Inc. will grant price preferences to current AETCO Inc. dealers for existing contracts.

Compliance with laws.

Customer shall obtain and maintain all necessary federal, state and municipal business licenses and permits .Must comply with all laws, rules and regulations of each and every restricted items.

Notification.

Customer agrees to promptly notify AETCO any changes in business license. Customer agrees to promptly notify AETCO OF any changes in the ownership or control of its business or in the form of its business entity (e.g. partnership, corporation, sole proprietorship).

Warranties.

The only warranties applicable to the products sold by AETCO are any express warranties that come from the manufacturer of the products. Customer understands and agrees that AETCO makes no representations or warranties of any kind or nature concerning the products it sells EXCEPTING products manufactured by AETCO INC manufacturing . Customer agrees to waive any and all implied warranties, including merchantability or fitness for a particular purpose.

Security Interest.

Customer grants to AETCO a purchase money security interest in any products sold to Customer on credit, and a first security lien right in all products purchased from AETCO to secure the payment of all amounts Customer owes AETCO . Customer hereby authorizes AETCO to sign any document to perfect AETCO’s security interest , including financing statements .

Collection.

Customer understands and agrees that if credit is extended, all invoices are to be paid by the due date on the invoice. Customer shall