Terms and Conditions of Sale

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1. DEFINITIONS. “Seller” means Teledyne Hanson Research, a business unit of Teledyne Instruments, Inc. “Buyer” means the entity to which Seller‟s Offer is made, or the entity purchasing Goods and/or Services from Seller. “Goods” means the products, parts, materials, and/or equipment included in Seller’s Offer and/or Buyer’s Order. “Services” means services offered or rendered by Seller. “Offer” means any quotation, bid, or proposal for Goods and/or Services made by Seller to Buyer. “Order” means Buyer’s purchase order issued to Seller, or similar instrument. All references to Seller’s terms and conditions” herein mean and include (i) these “Terms and Conditions of Sale”, (ii) Seller’s Special Terms and Conditions, if applicable, and (iii) any other terms and conditions mutually agreed by the Parties in writing in accordance with Section 3. Seller and Buyer are sometimes referred to herein individually as a “Party” and jointly as the “Parties”.

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Terms and Conditions of Purchase

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1. DEFINITIONS
“Buyer” means Teledyne Hanson Research, a business unit of Teledyne Instruments, Inc. “Seller” means the entity from which Buyer is purchasing Goods and/or Services. “Goods” means the products, materials, and/or equipment purchased by Buyer under Buyer’s Order. “Services” means services performed by Seller. “Offer” means any quotation, bid, or proposal for Goods and/or Services made by Seller to Buyer. “Order” means Buyer’s purchase order or similar instrument. “Statement of Work” means the specification(s), requirements, and details related to the Goods and/or Services. All references to “terms and conditions” herein mean and include (a) these “General Terms and Conditions of Purchase”, (b) Buyer’s Special Terms and Conditions of Purchase, as applicable, and (c) any other terms and conditions mutually agreed by the Parties in writing in accordance with Section 2 herein. Buyer and Seller are referred to herein individually as a “Party” and collectively as the “Parties”.

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