Terms and Conditions:

1：No Term or condition on Buyer's Purchase order or any other instrument, agreement or understanding (unless expressly referred to on the ANC quotation and/or acknowledgement) shall be binding upon ANC unless agreed to in writing.

2：Unless otherwise agreed to in writing, all payments are in US currency and are due within 30 days of date of invoice. If in ANC's judgment, confidence does not exist in timely payment, ANC may require prepayment.

3：10% APR interest rate will be charged on unpaid balance, accruing after invoice due date.

4：Shipments shall be FOB ANC's facility, unless specified otherwise and agreed to by ANC.

5：Orders placed to ANC are to be considered NCNR. Orders to ANC may not be transferred without approval of ANC. If an order is canceled Buyer will be responsible for termination charges, which shall include costs for all materials on hand or committed which cannot be returned or used in other products, and all direct and indirect costs incurred and committed towards canceling order.

6：Last delivery date may not exceed 1 year from date of order. Invoice will be issued for material on hand and work completed.

7：ANC is not liable for material deliveries, which cause delay in shipment of product to customer.

8：Quoted order quantities are those that ANC will purchase components for, or commit to deliveries for all materials quoted. If customer wishes to place order on hold or cancel order, charges will apply due to materials purchased that are, committed or NCNR, and work performed on in-process assemblies. Customer will be advised if minimum order requirements exist for materials ANC must purchase. ANC will invoice customer for unused material and components. Customer will notify ANC to hold materials for future use or deliver materials to customer. Customer must arrange with ANC to hold materials longer than one year.

9：Buyer accepts up to five percent overrun of quantity ordered, as determined by production yields, or to five percent underrun, unless agreed to otherwise in writing.

10：Change orders are implemented by customer ordering to a rework or change order quote from ANC. Costs of rework may include cost of materials purchased which are committed or NCNR.

11：Maintenance of products performance requirements and specifications is solely the responsibility of the customer. In the event of a failure, ANC will assist the customer on determining reason for failure and corrective action.

12：ANC will repair or replace any defective component whose failure was caused by ANC. Liability by ANC will not exceed the cost of assembly and materials of the defective components.

13：If components purchased by ANC are found defective, ANC will work with the vendors to perform failure analysis, corrective action, and apply vendor warranties, if any, to cover cost of components and replacement. ANC will provide quotes for rework for any defective components.

14：It is the customer's responsibility to return defective products to ANC's manufacturing facility.