TERMS & CONDITIONS

The conditions of sale stated herein shall be an integral part of any contract resulting from a purchase order placed upon E-G Products, a division of E-G Group, Inc.  Any statement made on any form by purchaser shall not operate to defeat the intent of these conditions unless specifically agreed upon in writing by E-G Products, a division of E-G Group, Inc. (hereafter called E-G).

1.  Acceptance:  All purchase orders are subject to acceptance by an authorized employee of E-G at its corporate office.

2.  Prices:
     A. Firm offer:  All quoted prices are firm for acceptance within thirty (30) days of the offering unless otherwise stated.  All prices are F.O.B. shipping point unless expressly stated otherwise to the contrary or agreed upon in writing by E-G.  Shipping restrictions, such as approval holds, will subject the order to escalation as affected by E-G.
     B.  Taxes and Other Charges:  All quoted prices are subject to additions which may be necessary to cover any duty, tax or charge (now existing or hereafter imposed by government authorities) upon equipment or services quoted by E-G.
     C.  Errors:  E-G reserves the right to correct all typographical or clerical errors or omissions which may be present in its prices or specifications.
     D.  Escalation:  All quoted prices are based on deliveries as defined in the offering.  E-G reserves the right to make partial deliveries of equipment/product as it becomes available, unless specified otherwise in the offering or agreed upon in writing by E-G.
     E.  Insurance:  E-G will not insure shipments beyond that typically provided by the carrier, unless so instructed by the purchaser in writing and at purchaser's expense.

  
3.  Payment Terms:  Payment shall be made within thirty (30) days from the date of the invoice unless E-G specifies in the offering, or subsequently in writing, that modified payment terms apply.  Payments received after 30 days will be subject to interest charges of 2% per month (24% annually).  E-G retains a security interest in the goods supplied to secure payment of the purchase price.  The purchaser agrees to cooperate with E-G in protecting this security interest.

4.  Cancellation:  Purchaser may cancel his order by written notice provided purchaser pays cancellation charges on the basis of the unrecoverable cost incurred by E-G and/or its suppliers.  Return of goods for credit will not be permitted without prior written approval and issuance of a return authorization reference number.

5.  Documentation and Services:  Drawings, literature and any other services required in addition to that normally provided by E-G and the manufacturer will be added to the quoted prices.

6.  Delivery:  Shipping schedules are approximate and are based upon the conditions present at the time of quotation and the prompt receipt of all necessary information to process the order.  If delivery is delayed at the request of the purchaser, E-G shall have the right to store the goods at a place of its own choice for purchaser's account and risk, and to invoice purchaser in accordance with the original contractual terms, and for such storage charges incurred as a result of the delay.  Title to the equipment and risk of loss or damage shall pass upon delivery to the carrier, unless specified otherwise and the offering or agreed to in writing by E-G.  Any claim for loss or damage after risk of loss has passed shall be filed by purchaser with the carrier.  E-G shall not be liable for loss or damage from delay in delivery.  Shipping weights are approximate.  Unless specifically requested at the time of order entry, E-G or its supplier reserve the right to select the method and provider for shipment of the goods purchased.

7.  Warranty:  The warranty on goods supplied will be restricted to that granted by the manufacturer of the goods and services supplied, and that shall constitute the sole remedy of the purchaser.  In no event shall E-G liability exceed the amount of the price paid by the purchaser for the product.

8.  Liability:  E-G shall not be liable for incidental or consequential damage, either real or alleged, without limitation regardless of cause.  Purchaser agrees to indemnify and save harmless E-G for all loss, cost, or damage incurred by E-G or its suppliers as a result of purchaser's or third parties' misuse or misapplication of E-G supplied products.

9.  Substitution:  Our suppliers are continuously involved in product improvement programs.  Therefore, model changes and modifications may occur at any time, and E-G reserves the right to substitute newer models on orders where appropriate, unless expressly instructed by the purchaser not to do so.

10.  Additional Terms:  In addition to the specific terms and conditions contained in this document, the terms, conditions and practices of the manufacturer of the goods and services provided will be applicable to this offering.  This agreement is deemed to be governed by the laws of the state of Illinois.