Product-Specific Terms and Conditions of Sale

IPEX MUNICIPAL SALES CANADA – PRICE PROTECTION TERMS


• Quotes are valid for 30 days:

o If the quote requires an extension, it gets repriced after the original 30 days.
o If the quoted project is lost to the distributor; the quote is cancelled.
o If the quoted project is awarded to the distributor; an order can be placed as quoted if awarded within the original 30-day period, or as repriced if awarded later.

• Order prices are valid 60 days from the date of IPEX Order acknowledgment:

o The order is released within 60 days:

• IPEX ships the order.
• If IPEX cannot ship the order; prices are extended for another 30 days.

o The order is released after 60 days:

• IPEX reserves the right to reprice the order.

• Special terms, outside the above, must be indicated on the quote request and approved by IPEX.
• All other IPEX General Terms and Conditions remain applicable, except as expressly amended herein.