WARRANTY
Standard Pulleys: Precision warrants, to the original purchaser only, that the standard products it manufactures are free from defects in materials and workmanship excluding surfaces subject to wear, when used under normal load and operating conditions and maintained properly. The duration of this warranty is 12 months from the date of delivery. During this 12 month period, if the Purchaser discovers that the product is defective in materials or workmanship, it must promptly notify Precision in writing. Any such notification must be received no later than 13 months from the date of delivery. Within a reasonable period after timely notification, Precision at its option, will (i) correct any defect in materials or workmanship by repair or replacement of the defective product, or (ii) refund the purchase price. These remedies are the Purchaser’s EXCLUSIVE remedies for the breach of the foregoing warranty.

Special Order Pulleys: Precision warrants that the non-standard, special order products bought by the Purchaser will perform in accordance with the representations and/or specifications provided to Precision and be free from defects in materials and workmanship excluding surfaces subject to wear, when used under normal load and operating conditions and maintained properly. The duration of this warranty is 12 months from the date of delivery or 2000 hours of service, whichever occurs first. The Purchaser shall promptly report to Precision any failure of the non-standard, special order products to conform to said representations and specifications or any defect in materials or workmanship. Any such notification must be received no later than 13 months from the date of delivery. Within a reasonable period after timely notification, Precision at its option will (i) correct any failure of the product to conform to the said representations and specifications by repair or replacement, or (ii) make an equitable price adjustment based upon the performance of the product, not to exceed the purchase price. These remedies are the Purchaser’s EXCLUSIVE remedies for the breach of the foregoing warranty.

Precision shall have the right to require the Purchaser to deliver the allegedly defective product to it for testing, repair or replacement. Precision shall not be responsible for any expenses associated with the removal of the product from its application for such delivery. All expenses for in-coming and out-going freight shall be borne by the Purchaser. These warranties shall not apply when the products have been the subjects of abuse, misuse, alteration, accident, or failure of the Purchaser to ensure proper storage, installation, operation or maintenance of the products. ALL PRECISION ENGINEERED CLASS PULLEYS CARRY A TWO YEAR WARRANTY.

disclaimer of warranties
THE FOREGOING WARRANTIES ARE IN LIEU OF ALL OTHER WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE.

limitation of warranties
Precision’s liability on any claim of any kind whatsoever shall in no case exceed the purchase price of the product(s) which gave rise to the claim. The Purchaser shall be responsible for any and all expenses, losses
or delays incurred in removing any defective part from the Purchaser’s application of that product. IN NO EVENT SHALL PRECISION BE LIABLE FOR ANY SPEICAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES BASED UPON BREACH OF WARRANTY, BREACH OF CONTRACT, NEGLIGENCE, STRICT TORT OR ANY OTHER LEGAL THEORY.

returns
Precision products may not be returned without written authorization. Any and all expenses incurred in the
return of the products shall be borne by the Purchaser.

limitation of actions
Any claim for breach of warranty must be presented within 13 months following delivery of the products. Any action for breach of warranty must be commenced within 24 months following delivery of the products.

prices
All prices are subject to change without notice. All prices are exclusive of any local, state or federal taxes.
Where local, state or federal taxes are applicable, such taxes shall be paid by the Purchaser.

terms
Except as otherwise provided on the invoice, terms are cash net 30 days from the date of the invoice. Any applicable discount will be so listed on the invoice. A minimum order of $50.00 is required.

acceptance
All orders are accepted upon the condition that the Purchaser agrees to be bound by the terms and conditions of sale contained herein. Any terms and conditions in the Purchaser’s order which deletes from, alters, or adds to the terms and conditions herein will not be binding upon Precision unless such terms and conditions are expressly agreed to in writing by Precision.

shipping
All shipments will be shipped F.O.B. Pella, Iowa, freight collect. Precision’s responsibility for damage, breakage or loss ceases upon delivery of the products to the freight carrier. Any claims due to damage, breakage or loss in this regard should be made to the freight carrier.

cancellation
In the event of cancellation of an order, the Purchaser shall be liable for the reasonable costs and expenses incurred by Precision prior to notice of cancellation of the order.

safety devices
Precision products are provided with only those safety devices identified on the invoice. It is the responsibility of the Purchaser to furnish appropriate guards for machinery parts in compliance with the applicable OSHA and state regulations, as well as any other safety devices desired by Purchaser.

weights
All weights shown are approximate or average weights.