Terms and Conditions Effective June 1, 2012 Use this sheet with Enerpac price lists. No. 0612TC, US and Canada Discounts Enerpac’s published price list shows “User” prices. User price is the same as “List” price. The standard distributor discount is 10% for torque wrenches (“t”), bolt tensioners (“b”), and Pow’r-Risers (“p”). The “➤” notation applies only to Service Centers. All other products receive the following standard discounts, based on the account’s annual (September to August) purchases. Annual Purchases More than $50,000 Between $25,000 and $50,000 Less than $25,000 Standard Discount 25% 22% 20% Ordering, Pricing Enerpac’s minimum order is $100. All prices are subject to change without notice. Enerpac shall charge the price prevailing at the time an order is placed. Order fulfillment is contingent upon satisfactroy account status. All returns from Canada should be shipped to: Enerpac 6615 Ordan Drive, Units 14-15 Mississauga, Ontario L5T-1X2 Canada • Distributor retains risk of physical loss for all returns and must pay return freight. • Each return is subject to a refinishing charge, dependent upon cost of labor and materials required to return to a “saleable” condition. • Only new, unused, standard products will be accepted. Components removed from complete sales units and electrical items may not be returned. • Items with a distributor price less than $25 will not be accepted for return unless the quantity of the item brings the value over $25. • Custom configured pumps and presses ordered from the catalog matrices and not listed in the standard model number charts are subject to a minimum 20% restocking fee. Cancellation • Discontinued products or products more than three years old (based on invoice date) will not be accepted for return. Non-catalog products, or identified (=) standard price list products, will be subject to a minimum 20% cancellation charge. Higher cancellation charges, up to 100% of the order price, may be charged depending on total dollar amount and stage of completion of such non-catalog products. • Stock adjustment requests must be accompanied by the invoice number, purchase order number or shipping order number. The return will be credited at purchase price value. Items with incorrect or no information will be credited at prices that were effective two price lists back from time of request. Shipping • Non-catalog products, cylinders over 250-ton or catalog products, which are modified by Enerpac for special customer applications, cannot be restocked as standard product, and are therefore NONRETURNABLE. Enerpac will prepay or allow the lowest tariff freight on shipments of catalog merchandise totaling $2,750 or more at distributor net cost. Shipping terms are F.O.B. Enerpac facility. The customer is responsible for freight-related costs on non-standard, modified, or identified (=) standard price list products. Title to the products and risk of loss and damage shall pass from Enerpac when placed in the possession of a carrier. Enerpac shall not be responsible for any loss, damage or delay during transportation. Request for credit on shipping discrepancies and other shipping matters must be received within 30 days of invoice date. Parts Returns Please refer to the Enerpac Service Policy and Agreement. • Stock adjustments may be made twice every calendar year, on scheduled months, and are subject to a minimum 15% handling charge or an accompanying restocking order for standard product equal to the value of the return. Returns are not accepted during August. The return schedule is divided alphabetically by customer name. See the following schedule: A-C D-G H-J K-R S-Z January and July March and September April and October May and November June and December Product Returns Payment Terms • For all returns, contact your Enerpac Territory Manager or Customer Service Representative for authorization. • Any returns without a Return Goods Authorization Number (RGA#) assigned by an Enerpac representative and marked on the package, will be returned to sender freight collect. Unauthorized returns will not be accepted. • Authorized returns sent to the wrong Enerpac address will be charged a $50 handling fee. Enerpac’s standard terms and conditions are 1.5% 10, net 30. To take advantage of the discount, invoices must be paid within 15 days of the invoice date. The postmark on your payment envelope, or the date of cash receipt, will determine eligibility for the discount. Please pay according to the payment terms, which are printed on each invoice. If you have any questions about your payment terms, please contact the Enerpac Credit Department. Discounts taken outside of the payment terms will be charged back. All returns from the U.S., Mexico, Latin America and Brazil should be shipped to: Enerpac 720 W. James Street Columbus, WI 53925 USA USA ENERPAC P.O. Box 3241 Milwaukee, WI 53201-3241 USA Telephone: (262) 293-1500 Toll Free: 1-800-558-0530 Fax: (262) 293-7036 Toll Free Fax: 1-800-628-0490 NOTE: “Special Conditions” may apply on specials or custom system quotes. CANADA Enerpac 6615 Ordan Drive, Units 14-15 Mississauga, Ontario L5T-1X2 Canada Toll Free: 1-800-268-4987 Toll Free Fax: 1-800-461-2456 website: www.enerpac.com email: info@enerpac.com LOF90_US