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Prices. All prices quoted are FOB Prince Lionheart’s facilities and are subject to change without notice. All prices quoted are net to Prince Lionheart and, where applicable, purchaser agrees to pay all additional costs, taxes, transportation, insurance and any other charges which may be levied. Purchaser will provide Prince Lionheart with tax exemption certificates acceptable to the taxing authorities.

Minimum Advertised Price (MAP) Policy. Prince Lionheart (PLH) recommends authorized PLH Dealers sell PLH Products within the Suggested Retail Price Range outlined on the current PLH Dealer Price List. A PLH Product may be ADVERTISED to the minimum advertised price (MAP), as published on the current PLH Price List. Any retailer who advertises a PLH Product for sale below the MAP, or at a “call for price” offering, or represents this visually with a line through the MAP, will be in violation of this agreement. This policy only pertains to the MAP and in no way restricts or relates to the actual selling price of the item. This agreement is applicable to all forms of advertising including catalogs, mailings, Internet websites and any other electronic media. With respect to coupon offers or other special offers for PL products, the following applies: the advertising of any coupon or additional discount offerings (applied to the immediate or future sale) that brings the net retail price or value below the stated MAP, will be deemed to be in violation of this agreement; this also applies to general coupon offerings that do not specifically mention PL Products directly; the offering of FREE accessories (products related to the use of the product) as part of a promotion will be deemed to be in violation of this agreement if the advertised price of the items offered together is lower than the sum of the authorized MAPs for the two items; the only exception will be for promotions initiated by PL. PL reserves the right to change any of its Authorized Dealer Policies. PL may, in its sole discretion, terminate the business relationship and discontinue the supply of products to any dealer deemed to be in violation of the policies outlined above.

Order acceptance and delivery. Prince Lionheart shall have no obligation to accept any order nor will it have any liability for failure to deliver goods by the estimated delivery dates. Method of shipment is at Prince Lionheart’s discretion unless purchaser supplies Prince Lionheart with explicit written instructions. Each order accepted constitutes a separate and independent contract. Delivery dates are estimates only and are subject to availability of goods. Prince Lionheart will not be responsible for any delay in delivery which results from, or is contributed to, by events beyond Prince Lionheart’s control.

Title and Risk of Loss. All risk of loss and damage to goods will pass to purchaser at the moment the goods are delivered to any carrier for shipment to purchaser. Title in the goods will not pass to purchaser until such time as Prince Lionheart has received full and final payment for the goods.

Acceptance of goods by Purchaser. Purchaser’s retention of goods for more than twenty four hours after delivery to purchaser’s place of business or designated place of delivery will constitute a final and irrevocable acceptance of the goods. Any claims for short shipment must be made within twenty four hours of delivery.

Returns. If any product purchased under this agreement proves defective within thirty days from the date of receipt by purchaser, purchaser must notify Prince Lionheart in writing of the defect within fifteen days of discovery of the defect and must establish that the product has been properly maintained and used. Upon receiving notice and proof of the defect and proof of proper maintenance and use, Prince Lionheart will have the option of repairing or replacing the goods free of charge or refunding the purchase price. Prince Lionheart’s obligations hereunder shall be fully discharged by Prince Lionheart’s repair or replacement of the goods or refund of the purchase price of the defective product. In no event shall purchaser return materials without obtaining Prince Lionheart’s prior permission.

Resale of goods. Goods sold to purchasers in the United States of America and its overseas territories are for resale to purchaser’s customers in the United States of America and its overseas territories only.

Applicable law. Orders shall be governed by the laws of the state of California in force on the date of the order and the venue for any disputes shall lie in Santa Barbara County, California. In connection with any litigation, arbitration or any other dispute arising between purchaser and Prince Lionheart, the prevailing party shall be entitled to recover his/her expenses, including reasonable attorney’s fees and costs.

Disputes. In the event that a dispute arises concerning any aspect of this agreement, either party shall make a written demand for arbitration. Fifteen days from receipt of written demand, each party shall appoint an arbitrator and the two arbitrators shall select a third arbitrator. If the arbitrators cannot agree on a third arbitrator within thirty days, either party may request a judge of a court having jurisdiction to make the selection. Arbitration will take place in Santa Barbara County, California and the California rules of law as to procedure and evidence shall apply. A decision agreed to by two of the arbitrators will be binding and either party will have the right to enforce said decision in Santa Barbara County, California. Each party to the arbitration will pay its own expenses and the parties will share the expense of the third arbitrator equally. In the event that purchaser is a resident of a Country other than the United States of America, enforcement of the arbitrators’ decision shall be in accordance with the Convention of the Recognition and Enforcement of Foreign Arbitral Awards.

Warranties and disclaimers. Prince Lionheart warrants title to the products. Prince Lionheart warrants for a period of thirty days from the date of purchase that all products manufactured by Prince Lionheart shall be free from defects in material and workmanship. PRINCE LIONHEART MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON INFRINGEMENT, TIME OF DELIVERY, OR ANY OTHER MATTER. ANY WARRANTIES ARISING UNDER THIS AGREEMENT EXTEND ONLY TO THE ORIGINAL PURCHASER AND NOT TO ANY OTHER PERSON, GROUP OR ENTITY.

Limitation of liability. Prince Lionheart’s liability for any and all losses or damages arising out of any cause whatsoever related to the goods sold hereunder shall be limited to the actual amounts paid by purchaser for such goods. All claims related to the goods shall be deemed waived unless made in writing and delivered to Prince Lionheart within the time periods specified above.