.       Agreement. Any order placed by a Buyer, whether oral, written, or by facsimile shall be deemed to constitute an offer to enter into a contract to purchase Seller’s (“Cogent”) products ("Goods") on these Terms and Conditions of Sale (“T&C”) located at WWW.COGENT-tech.COM which are hereby incorporated into any such order. Buyer’s order shall be accepted by Cogent and a contract entered into on these T&C, upon the transmittal of Cogent's Order Acknowledgment or upon the shipment of the Goods, whichever occurs first. COGENT OBJECTS TO, AND IS NOT BOUND BY, TERMS OR CONDITIONS ON BUYER'S PURCHASE ORDER, CONFIRMATION FORMS, OR OTHER DOCUMENTS, WHICH ATTEMPT TO IMPOSE UPON Cogent ANY TERMS OR CONDITIONS AT VARIANCE WITH OR IN ADDITION TO THESE T&C. SHIPMENT OR OTHER PERFORMANCE BY COGENT SHALL NOT CONSTITUTE ASSENT TO ANY SUCH INCONSISTENT OR ADDITIONAL TERMS OR CONDITIONS. BUYER'S PAYMENT OR ACCEPTANCE OF THE GOODS SHALL CONSTITUTE ASSENT TO THESE T&C.2.       Orders. All customer orders are subject to acceptance by Cogent, in its sole discretion, at its general offices, even if such orders are taken elsewhere by an authorized sales representative of Cogent.3.       Inspection. Buyer must inspect the Goods within ten (10) days of delivery to Buyer’s facility or the Goods shall be irrevocably accepted according to these T&C. Buyer agrees that ten (10) days is a reasonable amount of time for inspection of the Goods.4.       Payment Terms. (A) Domestic Sales. Payment terms for domestic sales are net thirty (30) days after the date of Cogent’s invoice. If Buyer fails to fulfill the terms of payment or if Cogent shall have any doubt as to Buyer’s financial condition Cogent may, in addition to any other of Cogent’s rights on Buyer’s default, decline to make further deliveries until receipt of cash or satisfactory security. (B) Export Sales. Payment terms for export sales are one hundred percent (100%) net cash in U.S. currency upon presentation of invoices, bills of lading, or other appropriate shipping documents. In addition, Buyer shall establish an irrevocable line of credit in favor of Cogent sufficient to cover the price of the Goods, bank charges, and all other related expenses which are for Buyer’s account. The line of credit must be issued or confirmed by a U.S. bank located in Minnesota and must remain open for a sufficient period of time for Cogent to complete the transaction.5.       Security Interest. Cogent hereby reserves and Buyer grants a purchase money security interest in the Goods sold and the proceeds thereof, in the amount of the purchase price. If Buyer defaults on any of its obligations to Cogent, Cogent shall have the right, in addition to any other rights and remedies available, to repossess the Goods sold hereunder. In such event, Buyer agrees to make the Goods available for repossession. These security interests may be perfected by payment in full.6.       Price. Prices shown in Cogent’s sales literature are subject to change without notice and should not be construed as a definite quotation or offer to sell. A signed and dated quote by an authorized representative of Cogent is an offer to sell that shall expire not more than thirty (30) calendar days from the date it is transmitted to Buyer. Cogent’ quote is expressly conditional on Buyer’s assent to these T&C. Cogent reserves the right, upon notice to Buyer, to correct miscalculations, omissions, and typographical errors on any quote or offer.7.       Taxes. Prices quoted or accepted by Cogent are exclusive of all federal, state, municipal, or other government excise, sales, use, occupational, or like taxes, tariffs, fees, export duties, and other export costs. All of the foregoing shall be for the account of Buyer. Consequently prices are subject to increase by the amount of any such tax, tariff, duty, or fee that Cogent pays or is required to pay or collect upon sale or delivery of the Goods. Any such taxes, tariffs, duties, fees, and costs, when applicable to sales or to the Goods, shall appear as separate items on Buyer’s invoice.8.       Shipping. Unless otherwise agreed in writing all deliveries are shipped F.O.B. Cogent’s factory and Buyer assumes the risk of loss, delay, and damage immediately upon delivery of the Goods to a suitable common carrier. All delivery expenses including transportation, freight, insurance, and any other shipping cost shall be for the account of Buyer. Notwithstanding, the Parties agree to cooperate to recover from the common carrier for any loss or damage resulting from the transportation of the Goods by the carrier. Unless otherwise indicated in writing selection of a carrier shall be at Cogent’s discretion. Charges for special packaging shall apply on Buyer’s request or if the Goods are particularly susceptible to breakage.9.       Delays in Delivery and Force Majeure. Cogent shall use commercially reasonable efforts to meet any delivery date(s) quoted. However, under no circumstance shall Cogent be liable for any delay in shipment, failure to meet any quoted delivery date(s), or for any delay in performance hereunder. In addition, Cogent shall have the right to postpone the time for delivery due to unforeseen circumstances or cause(s) beyond its control. Examples of such causes are acts of God, wars, riots, embargoes, acts of civil or military authorities, fires, floods, accidents, strikes, transportation delays or shortages, inability to obtain material or supplies, excessive demand over available supply, interruption in the manufacture of products needed to produce Cogent’s Goods, or other causes not within Cogent’s control.10.    Installation and Repair Assistance. Unless otherwise agreed to under the warranty provisions of this Agreement, all Goods shall be installed and repaired by and at the expense of Buyer. If Buyer so desires, Cogent shall furnish an experienced person to supervise and assist in the installation or repair of the Goods. Service personnel will be billed on an hourly basis according to Cogent’s then current rates. Cogent shall not be liable for the negligent, reckless, or intentional acts of anyone not employed by Cogent who installs, repairs, operates, or handles the Goods under this Agreement.11.    Buyer Cancellation, Return, and Chargeback. (A) Cancellations: Any request for order cancellation, rescheduling, or modification by Buyer must be made in writing and approved by an authorized agent of Cogent. Such cancellation, rescheduling, or modification shall be subject to the payment of reasonable cancellation charges, including but not limited to, expenses already incurred for labor and material, overhead, commitments made by Cogent, a chargeback for unearned discounts, and a reasonable profit. Buyer shall have no rights in partially completed Goods. (B) Returns: Any request for a return by Buyer must be made in writing. A return of Goods shall not be accepted for any reason without the prior written consent of Cogent and issuance of a Return Material Authorization (RMA) number. If Cogent grants such authorization, and the Goods are not covered by the limited warranty provided herein, Buyer shall pay Cogent a restocking fee equal to twenty percent (25%) of the then current list price of the Goods. The Buyer shall also pay adjustments for unearned discounts and other reasonable charges for handling. The RMA paperwork shall specify additional terms and conditions for returns. Buyer shall not return material without first obtaining an RMA number. Returns made without obtaining prior authorization shall be returned to sender at Buyer’s expense. Except as provided for in Cogent’s limited warranty to Buyer, Cogent, in its sole discretion, may accept or reject any request by Buyer to return Goods for cash or credit. (C) Chargeback: Prices indicated to the Buyer are based upon the quantity ordered. If, through no fault of Cogent, the total quantity ordered is not purchased during the scheduled delivery period, in addition to any other rights available to Cogent (including enforcement of the original agreement to purchase), Cogent may “chargeback” Buyer. The chargeback shall equal an amount not less than the difference between the list price of the Goods on the date of Cogent’s Invoice(s) and the amount Buyer actually paid for such Goods.12.    No License. Goods offered for sale by Cogent are subject to the condition that such sale shall not convey any right to reproduce, copy, or duplicate the Goods in whole or in part either, expressly or by implication, under any intellectual property rights, with respect to any inventions of Cogent or others, patented or not patented, embodied in Cogent’s Goods, processes, sales literature, or manufacturing operations. Unless expressly stated otherwise in a signed writing, Cogent reserves all its rights in such intellectual property and no manufacture to Buyer’s specifications entails ownership by or conveyance to Buyer of any property right.13.    Intellectual Property Rights Infringement. Cogent agrees to indemnify and defend Buyer against any claim that the Goods purchased hereunder, as manufactured by Cogent, infringe on a United States Patent, United States Copyright, United States Trademark, or other United States intellectual property right, provided Cogent is promptly advised of any such claim or action and has sole control of the defense of any such action and all negotiations for its settlement or compromise. However, Cogent will not indemnify or defend Buyer from claims that Goods designed specifically to Buyer’s specifications infringe on any intellectual property right.14.    Warranty. Cogent’s exclusive warranty is set forth separately at WWW.COGENTINC.COM and it is hereby incorporated by reference into this Agreement as if fully set out within.15.    Limitation of Liability. THE WARRANTIES ABOVE ARE IN LIEU OF ALL OTHER WARRANTIES INCLUDING, WITHOUT LIMITATION, THE WARRANTIES OF MERCHANTABILITY AND FITTNESS FOR A PARTICULAR PURPOSE. COGENT’S LIABILITY UNDER, FOR BREACH OF, OR ARISING OUT OF THIS AGREEMENT SHALL BE LIMITED IN AMOUNT TO THE NET PURCHASE PRICE OF THE GOODS SOLD. IN NO EVENT SHALL COGENT BE LIABLE FOR THE PROCUREMENT OF SUBSTITUTE GOODS OR LIABLE FOR ANY SPECIAL, CONSEQUENTIAL, INCIDENTAL, ECONOMIC, DIRECT, INDIRECT, OR OTHER DAMAGES (INCLUDING WITHOUT LIMITATION LOSS OF PROFIT) WHETHER OR NOT COGENT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LOSS, HOWEVER CAUSED, WHETHER FOR BREACH OR REPUDIATION OF CONTRACT, BREACH OF WARRANTY, NEGLIGENCE, OR OTHERWISE. THIS EXCLUSION ALSO INCLUDES ANY LIABILITY WHICH MAY ARISE OUT OF ANY THIRD PARTY CLAIMS AGAINST BUYER.16.    Limitation on Actions. Buyer may not commence litigation or any other legal action against Cogent for breach of warranty or breach of this Agreement unless the suit or action is brought within one (1) year of the date of Cogent’s invoice.17.    Confidential Information. Buyer shall not, without Cogent’s express written consent, disclose drawings, data, designs, plans, specifications, know how, production methods, or other confidential information belonging to Cogent to any person not directly involved with the completion of this Agreement or operation of the Goods. Confidential information does not include information that is public, the receiving party lawfully knew prior to this Agreement, or that the receiving party could otherwise independently discover without the aid of the disclosing party.18.    Software License. If computer software is in or among the Goods to be transferred hereunder, Cogent hereby grants to Buyer, effective upon sale of the items covered by this order, a perpetual non-exclusive non-transferable license to use such software, provided that such use shall be only for Buyer’s business and shall be limited to use on the Goods transferred hereunder.19.    Export Regulations. Buyer shall adhere to all provisions of the U.S. Government Export Administration Regulations, related documentation requirements, and internal control procedures. Buyer shall be responsible for obtaining any and all necessary export or import licenses and permits.20.    Notice. Any notice, demand, or other communication given or made under or in connection with the matters contemplated by this Agreement shall be in writing and shall be delivered by reputable overnight courier service or pre-paid first class mail to the other party's address.21.    Waiver. No failure or delay by Cogent in exercising any right, power, or privilege hereunder shall operate as a waiver thereof.22.    Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the Parties, their successors, and assigns.23.    Severability. Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law but if any provision of this Agreement is held to be invalid, illegal, or unenforceable under any applicable law or rule, the validity, legality, and enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby.24.    No Assignment. This Agreement all rights, duties, and obligations thereto shall not be assigned, delegated, or transferred by either party without prior written consent of the other party, which it may withhold or grant in its sole discretion. Any attempted assignment or transfer in violation of this section is void and unenforceable.25.    Governing Law. This Contract shall be governed by and construed in accordance with the laws of the State of Minnesota, without regard to the conflicts of law principles of such State, except that the United Nations Convention on Contracts for the International Sale of Goods, if otherwise applicable pursuant to such laws, shall be excluded in favor of the Uniform Commercial Code as in effect at the time in the State of Minnesota.26.    Entire Agreement. In order of precedence (1) special terms and conditions agreed to in a writing signed by both Parties (2) Cogent’s Order Acknowledgement (3) these T&C (4) specifications and (5) all other exhibits or warranties incorporated by reference constitute the complete Agreement between the Parties and supersede all prior or contemporaneous agreements or representations, written or oral, concerning the subject matter of this Agreement. This Agreement may not be modified or amended except in writing signed by a duly authorized representative of each party. No other act, document, usage, or custom shall be deemed to amend or modify this Agreement.