Schneider Electric Standard Terms and Conditions of Purchase

These standard terms of purchase (hereinafter the “Standard Terms”) apply to all orders (hereinafter the “Order(s)”) placed by the Schneider Electric US company referenced on the Order (hereinafter referred to as “SE”) with the supplier referenced on the Order (hereinafter referred to as “Supplier”), unless there is a master agreement effective the Parties under which Order is issued and such master agreement excludes the application of these Standard Terms for the Order. Supplier shall provide written (including sent by email) acceptance of an Order within five (5) business days of Order receipt and an Order shall be deemed accepted by Supplier if Supplier fails to do so. The Order is conditioned upon the Supplier’s complete acceptance of the Order without modifications or additions. Unless specifically agreed to in a writing by an authorized representative of SE, no additional or different term or provision (except additional warranties given by the Supplier) of any quotation, invoice, acknowledgment or other form supplied by the Supplier shall become part of the Order notwithstanding SE’s failure to object to such term or provision, although the Parties may use such documents for ease of administration. Supplier shall also examine all documents/drawings and any other information provided by SE and the Supplier will report any mistake/omission/non- compliance that it may discover within ten (10) calendar days as of receipt of the Order. Failing to do so, within the allotted time, Supplier shall bear all consequences of those mistakes/omissions at its own expense and risk. For the purposes hereof, SE and Supplier are collectively referred to as the “Parties” and individually as a “Party”.