Standard Terms and Conditions

All sales by Vat19 (the "Company") are expressly conditioned upon the terms and conditions set forth below. Any additional or different terms or conditions set forth in the purchase order of purchaser or in any similar communication are hereby objected to by the Company and shall not be binding nor effective unless assented to in writing by an authorized representative of the Company.

Price & Terms

Unless otherwise stated, all orders will be invoiced at the Company's prices in effect on the date of shipment, which purchaser agrees to pay. Prices do not include sales, use, excise, value added or similar taxes.

Payment terms are as set forth on the invoice, and overdue accounts shall accrue interest at the rate of one and one half percent (1.5%) per month. All prompt pay discounts must be taken within the time period specified on the invoice. All unearned discounts will be rebilled. Credit shall be subject to the Company's approval. The Company reserves the right to alter the terms of or fix a limit of credit. Purchaser shall be liable for all costs and fees, including reasonable attorneys fees, which the Company incurs in order to collect on any overdue account.

Delivery

Title to and risk of loss of all goods sold hereunder shall pass to purchaser upon their delivery, F.O.B. St. Louis, MO. Purchaser to be billed all freight costs and expenses.

Inspection

If upon receipt of the goods by purchaser the same shall appear not to conform to the purchase order, purchaser shall within forty-eight (48) hours after receipt thereof notify the Company of such condition and afford the Company a reasonable opportunity to inspect the goods and make any appropriate adjustment or replacement. The remedies afforded purchaser under the paragraph entitled "WARRANTY" shall be the exclusive remedies for the defective goods whether or not discovered upon inspection by purchaser. Purchaser shall not delay payment for the goods pending their inspection.

Warranty

The Company warrants that all products (the "Product") will perform in accordance with its specifications. The Company agrees to correct or replace any defects or errors in the Product for a period of two months (2) from the initial date of retail purchase from an authorized Vat19 dealer; or two (2) months from the Product's date of manufacture, if proof of purchase is unavailable. All shipping costs incurred in shipping Product to the Company for warranty repair will be borne by the purchaser.

The Company's sole liability and the exclusive remedy shall be, at the Company's option, the repair or replacement of the Product. The Company makes no additional representations or warranties, express or implied, regarding the Product and/or its use. By way of example, but not of limitation, the Company makes no representations or warranties of merchantability or fitness for a particular purpose.

THE COMPANY DISCLAIMS ALL OTHER WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH REGARD TO THE PRODUCT.

Purchaser assumes the responsibility for the selection of the Product as being adequate for and appropriate for purchaser's purposes.

IN NO EVENT WILL THE COMPANY BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGES WHATSOEVER ARISING OUT OF THE USE OF OR INABILITY TO USE THE PRODUCT, EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Returns

Except as set forth in the following paragraph, Product may be returned only upon issuance of a return authorization by the Company (a "Return Authorization"). Any return will be for credit or inventory adjustment only. A fifteen percent (15%) restocking fee will be imposed on all returns for credit unless accompanied by a stock balancing order at least two (2) times the monetary value of the return. The Return Authorization must appear on all packages and paperwork in connection with such return. Product must be in new, saleable condition and must have been purchased within one (2) months of the date of return. Issuance of a Return Authorization does not bind the Company to accept such return. Final decision shall be made after the Company has inspected the returned Product.

Third-Party Marketplaces

Any form of redistribution of Vat19 products into third-party marketplaces (such as Amazon, Amazon FBAs, Walmart.com, and other online marketplaces) is strictly prohibited.

MAP Policy

Vat19 actively supports the advertising and promotion of its products by its domestic dealers and distributors. Vat19 has built a strong reputation and following among consumers. Vat19 has determined that it shall not support through advertising or promotional materials, cooperative advertising or otherwise, advertisements or promotional materials that have the effect of diminishing or detracting from the perceived value of Vat19 products.

Effective as of May 17, 2022, Vat19 has established a Minimum Advertised Price (MAP) on Vat19 products.

The MAP policy shall work under the following guidelines:
  • The MAP policy applies to all advertisements of Vat19 products in any and all media, including, without limitation, flyers, posters, coupons, mailers, inserts, newspapers, magazines, catalogs, mail order catalogs, Internet or similar electronic media, television, radio, and public signage.
  • The inclusion in advertising of free or discounted products (whether made by Vat19 or another manufacturer) with a product covered by the MAP policy would be contrary to the policy if it has the effect of discounting the advertised price of the covered product below the MAP.
  • MAP does not establish maximum advertised prices. All dealers and distributors may offer Vat19 products at any price in excess of the MAP established for such products.
  • From time to time Vat19 may discontinue models or engage in promotions with respect to certain products. In such events, Vat19 reserves the right to modify or suspend the MAP with respect to the affected products by notifying all dealers of such change. Vat19 further reserves the right to adjust the MAP with respect to all or certain products at its sole discretion upon 7 days advance written notice to the dealers and distributors, provided that such changes shall apply equally to all Vat19 dealers and distributors.
  • Intentional and/or repeated failure to abide by this policy will result in termination of dealership or distributorship. Vat19 does not engage in business with dealers or distributors who degrade the image of Vat19 and its products. Vat19 will not provide prior notice or issue warnings before taking any action under this policy.
  • The terms of this MAP policy are confidential and should not be disclosed to other parties. This MAP policy has been established by Vat19 to help ensure the legacy of Vat19 as a top producer of high performance, high quality, professional products and to protect the reputation of its name and products. The MAP policy is also designed to ensure dealers and distributors have the incentive to invest resources into services for Vat19 customers.
Governing Law: All disputes will be governed under the laws of the State of Missouri without regard to its conflicts of laws principles.