Standard Warranty

Below is the standard warranty for Kut-Wel Corporation

EFFECTIVE DATE: July 1, 1999

Equipment sold by Kut-Wel Corporation is covered under the warranties set forth in the following paragraphs. Such warranties are extended only with respect to new and rebuilt equipment purchased directly from Kut-Wel Corporation, not used or "as is" equipment. In addition, such warranties are extended only to the first buyer of the equipment is purchased other than the purpose of resale.

The equipment is warranted to the buyer to be in good condition and free from functional defects in materials and workmanship for the designated warranty period, providing that (1) the equipment is properly installed and operated under conditions of normal use and (2) regular manufacturer recommended periodic maintenance and services are performed. Notwithstanding the above, all parts and equipment which are expendable are only warranted to be free from functional defects in materials and workmanship at the time of original delivery at the buyers location.

The foregoing warranties shall not apply if the equipment has been (a) serviced or repaired other than by by Kut-Wel Corporation, or by a service facility not designated by Kut-Wel Corporation., (b) altered by anyone other than Kut-Wel Corporation, or a non factory-authorized facility, or (c) subject to abuse, misuse, negligence, or accident, including use of the equipment other than in the intended manner.

The manufacturer's sole and exclusive obligation and buyers sole and exclusive remedy under the warranties is limited to the repair or replacement, free of charge, at the manufacturer's sole option, of the defective equipment or part. In order to initiate warranty service the defective part or equipment must be reported to Kut-Wel Corporation. Where appropriate and where properly authorized by manufacturers, defective parts or equipment may be returned under their returned goods policy. The buyer will supply a purchase order and return the equipment to Kut-Wel Corporation. or directly to the manufacturer for warranty at the discretion of Kut-Wel Corporation. The transportation costs will be the responsibility of the buyer to both Kut-Wel Corporation. and the manufacturer to and from the buyer's location. The buyer will be billed as a normal purchase and upon receipt of credit from manufacturer, the buyer will be credited for the part only. If the part or equipment is found not to comply with the standard warranty, the buyer will be responsible for payment and/or replacement of the part or equipment. Designated equipment not suitable for return can be repaired under warranty on site.

To initiate warranty service work a purchase order is also required. The nameplate information is consisting of model number, serial number and date are required for proper identification. Following are the warranty periods.

All warranted service calls will be evaluated for coverage under warranty. The buyer will always be responsible for all travel and expenses incurred. The buyer can still be billed for travel time to and from a location and labor unless specified prior to a service site visit. The service visits that do not fall under warranty will be billed at our regular service rates of $99.00 per hour on-site labor and $85.00 per hour travel time (portal to portal).

KUT-WEL CORPORATION SHALL NOT BE OTHERWISE LIABLE FOR ANY DAMAGES INCLUDING BUT NOT LIMITED TO (A) INCIDENTAL DAMAGES, CONSEQUENTIAL DAMAGES, INDIRECT DAMAGES AND SPECIAL DAMAGES, INCLUDING BUT NOT LIMITED TO ANY LOST PROFITS INCURRED BY THE BUYER, EVEN IF KUT-WEL CORPORATION HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, OR (B) ANY DAMAGES ARISING OUT OF A CLAIM AGAINST THE BUYER BY ANY OTHER PARTY. THERE ARE NO EXPRESS OR IMPLIED WARRANTIES THAT EXTEND BEYOND THE WARRANTIES SET FORTH IN THIS STANDARD WARRANTY. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, KUT-WEL CORPORATION DISCLAIMS ALL IMPLIED WARRANTIES, INCLUDING BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OR MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE EQUIPMENT OR PARTS THEREOF.