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Unless otherwise indicated in a formal agreement, the following Terms and Conditions of Sale ("Terms and Conditions") shall apply to all sales made by Brady Corporation, its subsidiaries and affiliates ("Supplier") to a buyer of Supplier's goods ("Purchaser"), and every agreement or other undertaking by Supplier is expressly conditioned on Purchaser's assent to these Terms and Conditions. A quotation or tender addressed to Purchaser from Supplier does not constitute an offer to sell, and in no circumstances shall any contract arise unless and until the Purchaser submits an order to Supplier, and Supplier issues a written acknowledgment of the order to the Purchaser. Unless otherwise stated in writing, price and delivery terms are F.O.B. Unless otherwise specified in writing, delivery dates are estimates only, and Supplier shall not be liable for any damages, consequential or otherwise, resulting from the failure to deliver the goods by a particular date. Unless otherwise stated in writing, payment terms are ten (10) days from the date of the invoice for customers with satisfactory credit.

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