APPLICABLE TERMS AND CONDITIONS FOR ALL PURCHASE ORDERS:
1. DEFINITIONS
As used in these Terms and Conditions of Purchase, the following terms shall have the following meanings:
Supplies: Raw materials, components, intermediate assemblies, and end products.
Services: The direct engagement of time and effort with the primary purpose to perform identifiable tasks rather than to furnish end items of supply.
Construction: Construction, alteration, or repair (including excavating and painting) of buildings, structures, or other real property.
Buyer: Etherium Dynamics and any of its corporate affiliates or subsidiaries.
Seller: Any person or legal entity that provides Supplies, Services, or Construction pursuant to a Purchase Order issued by Buyer.
Purchase Order: An offer by Buyer to Seller to buy Supplies, Services, or Construction that becomes a binding contract between Buyer and Seller upon written acceptance of Seller or upon Seller initiating performance.
Government: The Government which buyer is contracting to.
Prime Contract: A contract between a Customer and the Buyer.
Customer: A business entity or association, or any other entity or association, including, without limitation, the Government, with whom Buyer enters into a Prime Contract.
Work: The provision of Services or Construction as set forth in the Purchase Order.
2. PURCHASE ORDERS; PRICE; ACCEPTANCE; MODIFICATION OF TERMS
a) Purchase Orders issued by Buyer to Seller – together with any referenced or attached drawings, specifications, statements of work, or special conditions – will specify the Supplies or Work required, including, but not limited to, the delivery schedule, period of performance, total compensation, rate/price, and payment schedules related thereto. Each Purchase Order issued by Buyer shall be governed by these Terms and Conditions of Purchase.
b) The price payable to Seller shall be stated in the Purchase Order. The price shall not be increased to cover any future Seller price increases and shall be inclusive of all packing, packaging, cartage, premium.