WARRANTY DISCLAIMER

General Guidelines, Including Disclaimer Statement

WARRANTY DISCLAIMER

It is Buyer’s responsibility testing the material to confirm that it matches the specification of compound before using it. There will be no warranty or refund if any problem is found after the material has been used.

Seller warrants materials to be of the stated quality at the time of sale. There is no warranty, express or implied, as to the fitness of these products for any particular purpose. The Seller’s sole and exclusive liability is to replace the product without charge or to refund the purchase price upon the return of such products in accordance with Seller’s instructions. In no event shall the Seller be liable for incidental or consequential damages of any kind.

No warranty or representation is given by the Seller that the Products do not infringe any letters patent, trademarks, registered designs or other industrial rights.

CLAIMS for LOST or DAMAGED SHIPMENTS

Please inspect all packages immediately upon receipt and report any damage, shortage or defect to our Customer Service Department as soon as possible. CLAIMS FOR THESE DISCREPANCIES MUST BE MADE WITHIN 5 DAYS OF YOUR RECEIVING THE MATERIALS. All products are sold FOB seller’s shipping point unless otherwise noted. Delivery of goods to the carrier at seller’s plant or to other loading point, shall constitute delivery to Buyer, and regardless of shipping terms, all risks of loss or damage in transit shall be borne by Buyer.

ORDER CHANGES/CANCELLATIONS

No change by Purchaser of any term or condition of this contract or any of Seller’s rights or remedies hereunder shall be binding on Seller, nor shall the order hereby acknowledged be changed or canceled by Purchaser unless approved in writing by Vibrant Pharma Inc. There are no representations, agreements, promises, or understandings between Purchaser and Seller that are not expressed herein.

LIMITATION ON CONSEQUENTIAL DAMAGES AND INDEMNIFICATION

Purchaser acknowledges that there may be hazards associated with the use of certain products offered. Purchaser agrees that their personnel concerned with any such product are aware of the hazards and assumes all responsibility for the warning of their employees and independent contractors of all hazards to persons and property in any way connected with the products, and purchaser agrees to instruct their employees, agents and customers to use safely such product. Purchaser also assumes all responsibility for the results of using any product offered in combination with other articles or substances, and in any manufacturing process, and for the ultimate safe disposal of the product in accordance with applicable local laws.

Vibrant Pharma products’ sole obligation and the purchaser’s exclusive remedy with respect to products proved to Vibrant Pharma satisfaction to be defective or nonconforming shall be return of such products to Vibrant Pharma, and refund of the purchase price actually paid therefore by the purchaser. Vibrant Pharma shall not be subject to any other obligations or liabilities, whether arising out of breach of contract, warranty, tort (including negligence and strict liability) or other theories of law, with respect to goods sold or technical services rendered by Vibrant Pharma, or any undertakings, acts or omissions relating thereto. Without limiting the generality of the foregoing, Vibrant Pharma specifically disclaims any liability for property or personal injury damages penalties, special or punitive damages, damages or lost profits or revenues, loss of use of product or any associated equipment, cost of capital, cost substitute products, facilities or services, down-time, shut-down, or slow-down costs, or for any other type of economic loss and for claims of the purchaser’s customers or any third party for any such damages. Vibrant Pharma PRODUCTS SHALL NOT BE LIABLE FOR AND DISCLAIMS ALL CONSEQUENTIAL, INCIDENTAL AND CONTINGENT DAMAGES WHATSOEVER.

The purchaser shall indemnify Vibrant Pharma from and against any and all losses, damages and expenses (including attorney’s fees and other costs of defending any action) that Vibrant Pharma may sustain or incur as a result of any claim of breach of contract, tort (including negligence, breach of implied warranty, strict liability in tort) or other theories of law, by the purchasers, its officers, agents or employees, its successors and assigns, and its customers, or other persons, whether direct or indirect, in connection with the use of the product furnished hereunder.