Bridgeport Magnetics Group

Terms and Conditions of Sale for Internet Purchases

  1. GENERAL These Terms and Conditions of Sale apply to all quotations, sales orders, and internet purchases issued by Bridgeport Magnetics Group (“Seller”). Together with Seller’s order acknowledgment, they form the entire binding contract between Seller and Buyer. Any conflicting terms in Buyer’s purchase order are expressly rejected. Buyer must confirm all verbal orders in writing prior to execution.
  2. PRICES Prices in Seller’s quotation are valid for 30 days unless otherwise stated. Prices acknowledged by Seller are firm for the quantities and shipping schedules in the order acknowledgment for six (6) months from the order date, but are subject to revision if Buyer changes quantities or schedules. Prices are also subject to adjustment if Buyer does not release the full contracted quantity within twelve (12) months (or other agreed period) from the order date.
  3. TAXES Except for applicable Connecticut sales tax, no taxes or fees of any kind will be charged or collected by Seller.
  4. TRANSPORTATION All sales are made F.O.B. Seller’s factory in Shelton, CT unless otherwise agreed in writing. Unless Buyer instructs otherwise, Seller will prepay freight charges. All prepaid shipments are insured with a $500 deductible.
  5. DELIVERY All confirmed shipping dates are approximate. Buyer will be notified of any delay beyond two (2) business days. Buyer may cancel the order without penalty if the delay exceeds forty-five (45) days from the confirmed shipping date.
  6. TERMS OF PAYMENT Seller accepts payment by VISA, MasterCard, American Express, Discover, ACH, wire transfer, or other mutually agreed methods.
  7. LIMITED WARRANTY Seller warrants that the merchandise will be free from defects in materials and workmanship and will meet or exceed applicable published ratings/specifications (or, for custom-designed products and prototypes, the agreed-upon specifications) under proper storage and use. Warranty periods vary by product line and will be specified in the order acknowledgment or quotation. All implied warranties, including merchantability and fitness for a particular purpose, are disclaimed to the fullest extent permitted by law.
  8. LIMITED LIABILITY Seller’s sole obligation and Buyer’s exclusive remedy under the warranty is limited to repair, replacement, or credit (at Seller’s sole discretion) of any defective or nonconforming merchandise for which Buyer gives written notice within thirty (30) days of receipt. IN NO EVENT SHALL SELLER BE LIABLE FOR ANY INCIDENTAL, CONSEQUENTIAL, INDIRECT, OR SPECIAL DAMAGES, INCLUDING LOSS OF PROFITS, LOSS OF USE, OR DOWNTIME COSTS.
  9. CANCELLATION Cancellation of acknowledged orders is subject to cancellation charges of up to 100% of the order value, plus any costs already incurred by Seller.
  10. RETURN POLICY Buyer must obtain a Return Material Authorization (RMA) number from Seller prior to any return. All returns must be shipped prepaid by Buyer. Seller will accept returns of unused and undamaged standard catalog products for credit (less a restocking fee). Custom-made products that meet agreed specifications are not returnable.
  11. FORCE MAJEURE Seller shall not be liable for any failure or delay in performance due to causes beyond its reasonable control, including acts of God, fire, flood, war, terrorism, labor disputes, supply chain disruptions, material shortages, or government actions.
  12. CONFIDENTIALITY & INTELLECTUAL PROPERTY All technical and commercial information exchanged between the parties shall remain confidential and shall not be disclosed to third parties without prior written consent. Any designs, drawings, or intellectual property developed by Seller remain Seller’s property.
  13. EXPORT / COMPLIANCE Buyer agrees to comply with all applicable U.S. export control laws and sanctions. Products may not be exported, re-exported, or transferred without required licenses or authorizations.
  14. GOVERNING LAW This Agreement shall be governed by the laws of the State of Connecticut. Any disputes shall be resolved exclusively in the courts located in Fairfield County, Connecticut.
  15. MISCELLANEOUS These Terms constitute the entire agreement and supersede all prior understandings. They may not be assigned without Seller’s written consent. If any provision is held invalid, the remainder shall remain in full force. Electronic communications and signatures have the same legal effect as written ones.