Standard Terms and Conditions of Sale

Contract Terms

These Standard Terms and Conditions of Sale (“Conditions of Sale”) shall apply to any purchase of Products or Services
by the Purchaser from Sirex, LLC dba IndustrialEnet (iEnet). To the extent that there is a conflict between these
Conditions of Sale and a valid signed master agreement between the Purchaser and iEnet, the terms of the master
agreement shall prevail. To the extent that there is a conflict between these Conditions of Sale and another set of iEnet
terms and conditions issued to the Purchaser as part of the proposal or quotation process, the terms of the proposal or
quotation document shall prevail.

Services Assumptions: iEnet’s work estimates are based on work performed during normal work hours (8 hours) between
the hours of 07:00 and 18:00 local time, Monday to Friday, holidays excepted. No on-site orientation, saf


Unless otherwise set out in iEnet’s proposal or quotation, prices do not include taxes, which are payable by Purchaser.
The Purchaser shall be responsible for all such taxes, resulting from these Conditions of Sale or any associated purchase.
iEnet is required to impose taxes on orders and shall invoice the Purchaser for such taxes according to applicable law or
regulations, unless Purchaser furnishes to iEnet, at the time of order, a completed exemption certificate acceptable to
the authorities imposing the tax. Buyer shall defend, indemnify, and hold harmless iEnet from and against all liabilities
for such taxes or charges and attorneys’ fees or costs incurred.

Terms of payment

Unless otherwise set out in iEnet’s proposal or quotation, terms are net 30 days from the date of invoice. Late payments will
be subject to interest charges at the rate of two percent (2%) per month.

Delivery and Schedule

Dates for delivery, schedule, or execution for Services or Products set out on a Purchase Order are subject to confirmation
by iEnet. iEnet reserves the right to change such dates in the event additional information is necessary. iEnet reserves
the right to make shipments in installments, unless otherwise expressly stipulated. iEnet will be excused from and not
be liable for any non-performance of a Purchase Order if such delay or non-performance is due to any cause beyond
the reasonable control of iEnet. Unless otherwise specifically agreed by the Parties, the Products are delivered FOB
Factory and the risk of loss or damage shall pass to the Purchaser upon collection of the Products by the first carrier at
iEnet’s premises, plants, or warehouses.

Force Majeure

iEnet shall not be liable for any failure in performance to the extent caused by an Act of God, riot, civil disturbance,
Government Act or regulation, fire, flood, explosion, production delays, accident, or other cause beyond iEnet’s
reasonable control. The period of the contract shall be correspondingly extended by the period of such delay.
Return of Products (RMA)

Any requests for the return of Products because of “ordered in error” or “cancellation” (after shipment has been made),
must be made within 30 days of shipment, or Product is otherwise deemed accepted. If product return approval is given
by IENET, a restocking charge may be deducted from the amount of credit issued by iEnet. All returns must be unused,
in original factory condition, packaged in original factory packaging and returned to address designated on the RMA,
freight prepaid by Buyer. All returns must be accompanied by a return authorization number (RMA) or Product will be
returned to the buyer. RMA’s do not apply to “special configuration” products as these are non-cancellable/non-returnable.

 United States Export Laws

iEnet’s obligations are subject to the export administration and control laws and regulations of the United States. Buyer
shall comply fully with such laws and regulations in the export, resale or disposition of Products.