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Warranty

AMCrf is the Web store of Anatech Electronics, Inc. (AEI) and is a direct, online, sales outlet for its products. All stipulations hereinafter within this Terms of Warranty refer to AEI and these products.

AEI warrants that on the date of shipment all goods shipped will be free from defects in material and workmanship under normal use and service. All goods sold by AEI are warranted for 1 year from the date of shipment from AEI to buyer. No warranty extended by AEI shall apply to:

a. Any goods which have been modified or altered by persons other than AEI

b. Any goods subjected to any misuse, neglect, improper storage or handling, installation, accidental damage, lightning, as a result of a natural event, or any goods manufactured by a third party.

AEI's exclusive obligation under this warranty is to repair the defective goods, to supply replacement goods free of charge (FOB origin or FCA factory), to refund to buyer the purchase price paid for the defective goods, or to grant credit for the value of any goods found to be defective under this warranty in installment sales.

AEI will not reimburse or make any allowance to buyer for any labor charges incurred by buyer for replacement or repair of any goods unless such charges are authorized in advance by AEI.

This warranty is made on the condition that buyer gives AEI immediate written notice of any defect. Notice must be delivered to AEI within 1 year from the date of shipment. Buyer must give AEI access to the goods and have relevant records and data. AEI's inspection must reveal that buyer's claim is valid under the terms of this warranty.

No returns will be accepted by AEI unless accompanied by AEI's Return Material Authorization (RMA). With respect to third party goods, AEI's only warranty to buyer is that such goods are free of any claims against their manufacture.

Buyer will pay for all packing, transportation, and transit insurance costs for returned products. AEI reserves the right to discontinue models at any time or change specifications, design, or prices without notice and without incurring any obligation. Products will be returned to the buyer with transportation cost collect.

Subject to the provisions of its "Patent Indemnity" clause, AEI also warrants that it has the right to sell its products, that the buyer will enjoy possession free of claims by others existing at the time of the sale by AEI, and that its products are free from any charge of encumbrance in favor of third persons existing at the time of sale by the AEI.

The foregoing constitutes AEI's entire warranty, express, implied, or statutory with respect to its products and states the full extent of its liability for the breach of warranty and for damages, whether direct, indirect, special, consequential or punitive resulting from any such breach. No change whatsoever thereto shall be binding upon AEI unless made and agreed to in writing by AEI and signed by a corporate officer of AEI.

Arbitration

All disputes arising out of or in connection with the present contract will be finally settled under the Rules of Arbitration of the Chamber of Commerce by one or more arbitrators appointed in accordance with the Rules. Arbitration will be conducted in English in Bergen County, New Jersey. The arbitration panel will include three arbitrators (unless a single arbitrator can be agreed upon by the parties). A judgment upon the award rendered by the arbitrator(s) may be entered in a court of appropriate jurisdiction. The parties specifically agree to the binding nature of the arbitration.