Terms Of Sale

These are the Terms and Conditions of Sale of Stephenson Control Systems Limited ("the Company", "us", "our", "we").

1. Price

All prices quoted are those ruling at date of quotation. The quoted price is valid for a period of 10 days unless otherwise stated. The Company reserves the right to increase any price if material costs or wages increase after acceptance of order and before delivery. In such event the Company will notify the customer of the increase in price and the customer shall have the right to cancel the order providing the Company is notified of such cancellation within seven days from the date of the Company's advice of price increase.

2. Delivery

The Company will use its best efforts to make delivery in the time specified but shall not be held responsible for any loss or other consequences as a result of delay in delivery or installation of equipment if the Company is unable to deliver the whole or any part of the order due to reasons outside the Company's control. The Company has the right to cancel or suspend the whole or part order. In the case of an enquiry the stated delivery will remain valid for a period of 30 days unless stated otherwise. The delivery period quoted will commence from the date of receipt of an official order. Where the Company undertakes delivery such shall be considered to have been made when the equipment or materials leaves our works by authorised carrier or as otherwise stated by the Company in writing.

3. Installation

Where the Company undertakes installation of the equipment or materials supplied in the Customer's premises the Company shall not be responsible for any consequential loss or damage occurring as a result thereof nor for third party claims in connection therewith.

4. Loss or Damage

The Company shall not be responsible for any loss or damage in transit and in such event the customer should notify the carriers and the Company in writing and lodge a claim in accordance with the carrier's regulations. The Company shall not be liable for any loss or damage after the equipment has been delivered. Claims for alleged shortages can only be considered if made in writing within three days of delivery.

5. Payment Terms

Invoices are payable in full within 30 days of invoice date unless otherwise stated in writing. Interest will be charged from date of invoice at Barclays Bank rate plus 4.5% until settlement date, "TRACE" will be implemented on non-settlement of accounts, that part of the goods which are undamaged and following test by our Engineers will be valued. The valuation will then he deducted from the original invoiced amount, leaving any outstanding amount to be paid by the Customer. Legal Proceeding costs, together with all administrative costs will be an additional charge. All accounts become immediately due for payment on default or payment on any one invoice.

6. Guarantee

In lieu of any warranty, condition or liability implied by law, our liability in respect of any defect in or failure of the goods supplied, or for any loss, injury or damage attributable thereto, is limited to making good by replacement or repair defects in the goods of our manufacture which under proper use, arise solely limited to faulty materials or workmanship within twelve months after the original goods were first despatched. Provided always, that unless otherwise agreed in writing, such defective parts are returned free to our works. Any labour costs involved in refitting will be chargeable to the customer. In the case of goods not of our manufacture these benefits shall be limited to the guarantee given to us in respect thereof by the manufacturer.

7. Injury or Damage

The customer shall indemnify the Company against all claims whether made under any contract or statute or under Common Law in respect of any loss or damage to any property whatsoever or injury to any person whatsoever arising out of any defect in material or workmanship in connection with any goods manufactured and/or sold by the Company, or any default or any negligence on the part of the Company's servants in connection with or during the carrying out of any work by the Company on customers' or other persons property.

8. Acceptance of quotation

Acceptance of the Company's written quotation shall be taken as acceptance also of these terms and conditions of sale subject to any variation thereto agreed by the Company in writing and will take precedence over all other terms or conditions on any order or contract placed on our Company.

9. Specifications

All prices quoted are for the supply of equipment or materials in accordance with the Company's specification current at time of despatch except where otherwise stated in writing.

10. Cancellation

Orders accepted by us cannot be cancelled except with our consent and then only upon terms that would indemnify us against loss.

11. Reservation of Ownership

All goods or materials supplied by us are to remain our property until we receive payment in full for all accounts owing to the Company by the purchaser. All such goods and materials are at the sole risk of the customer and in the event of the same being damaged, destroyed or lost after delivery we are to be entitled to payment in full for the same.

12. Arbitration

The Company and the customer shall endeavour to settle amicably between themselves any difficulties arising out of these conditions of sale but any difficulties which cannot be so resolved shall be settled in arbitration under English Law.

13. Rights

The above rights are in addition to and not a substitute for any other rights or remedy's under English Law.