PRICE SCHEDULE NO. TFS 09-2011 Effective Sept. 1, 2011 Subject to change without notice TAYLOR FORGE STAINLESS ISO 9001-2008 Certified ASME Quality System Certificate Holder - Certificate #QSC 269 1984-2011 27 YEARS OF PRIVATE OWNERSHIP Welding Fittings Fittings Schedules 10S thru 160 Types 304, 304L, 316, 316L www.taylorforgestainless.com P.O. Box 610 Somerville, New Jersey 08876 Toll Free 800-223-1068 Phone (908) 722-1313 Fax (908) 722-2943
SCH. 10S TAYLOR FORGE STAINLESS, INC Nominal Pipe And Wall Thickness 90 Long Radius Elbows 45 Long Radius Elbows 90 Short Radius Elbows Caps Straight Type A Stub ends Short (MSS) 1/2" 20.00 20.00 N/A 33.00 60.00 43.00 316/316L.083" 29.00 29.00 N/A 46.00 87.00 46.00 3/4" 20.00 20.00 N/A 38.00 60.00 46.00 316/316L.083" 29.00 29.00 N/A 63.00 87.00 64.00 1" 22.00 22.00 90.00 45.00 64.00 49.00 316/316L.109" 32.00 32.00 129.00 64.00 92.00 72.00 1 1/4" 29.00 29.00 97.00 109.00 56.00 86.00 316/316L.109" 43.00 43.00 139.00 157.00 89.00 124.00 1 1/2" 25.00 25.00 98.00 54.00 50.00 40.00 316/316L.109" 36.00 36.00 140.00 78.00 73.00 58.00 2" 29.00 29.00 108.00 50.00 53.00 47.00 316/316L.109" 43.00 43.00 161.00 73.00 76.00 68.00 2 1/2" 67.00 67.00 146.00 75.00 126.00 98.00 316/316L.120" 97.00 97.00 209.00 108.00 189.00 141.00 3" 63.00 50.00 135.00 66.00 99.00 66.00 316/316L.120" 90.00 73.00 194.00 95.00 144.00 95.00 3 1/2" 184.00 184.00 POA 156.00 POA POA 316/316L.120" 265.00 265.00 POA 234.00 POA POA 4" 105.00 85.00 168.00 80.00 143.00 94.00 316/316L.120" 151.00 121.00 242.00 116.00 206.00 135.00 5" 389.00 311.00 489.00 190.00 451.00 234.00 316/316L.134" 644.00 444.00 700.00 274.00 650.00 337.00 6" 300.00 211.00 378.00 128.00 356.00 174.00 316/316L.134" 433.00 305.00 544.00 187.00 511.00 229.00 8" 633.00 444.00 789.00 261.00 755.00 316.00 316/316L.148" 912.00 733.00 689.00 376.00 1088.00 454.00 10" 977.00 777.00 1177.00 307.00 1221.00 800.00 316/316L.165" 1405.00 1122.00 1693.00 473.00 1759.00 1174.00 12" 1388.00 972.00 1665.00 578.00 1699.00 1015.00 316/316L.180" 1998.00 1399.00 2398.00 831.00 2442.00 1462.00 CROSSES, ASA STUB ENDS, & MSS/B STUB ENDS ARE POA Page 2
SCH. 10S TAYLOR FORGE STAINLESS, INC. Nominal Pipe 3/4" x 1/2" 35.00 98.00 76.00 2 1/2" X 1" 147.00 196.00 262.00 6" X 2" 309.00 713.00 622.00 316/316L 52.00 144.00 114.00 174.00 312.00 393.00 508.00 1069.00 933.00 1" x 1/2" 50.00 88.00 87.00 2 1/2" X 1 1/2" 116.00 171.00 257.00 6" X 2 1/2" 306.00 772.00 562.00 316/316L 75.00 134.00 130.00 136.00 255.00 387.00 425.00 1071.00 843.00 1" x 3/4" 44.00 86.00 79.00 2 1/2" X 2" 80.00 106.00 196.00 6" X 3" 114.00 368.00 511.00 316/316L 65.00 126.00 118.00 100.00 147.00 294.00 170.00 609.00 766.00 1 1/4" x 3/4" 93.00 102.00 155.00 3" X 1" 85.00 311.00 180.00 6" X 4" 107.00 227.00 433.00 316/316L 138.00 164.00 228.00 160.00 472.00 317.00 160.00 356.00 650.00 1 1/4" x 1" 57.00 82.00 155.00 3" X 1 1/4" 143.00 322.00 413.00 6" X 5" 165.00 285.00 468.00 316/316L 85.00 128.00 269.00 186.00 480.00 573.00 247.00 395.00 650.00 1 1/2" x 1/2" 63.00 203.00 106.00 3" X 1 1/2" 56.00 141.00 150.00 8" X 3" 677.00 1082.00 1241.00 316/316L 94.00 304.00 158.00 84.00 220.00 291.00 1078.00 1902.00 1722.00 1 1/2" x 3/4" 47.00 171.00 100.00 3" X 2" 49.00 110.00 125.00 8 x 4 311.00 668.00 1087.00 316/316L 70.00 264.00 150.00 74.00 168.00 187.00 371.00 1116.00 1630.00 1 1/2" x 1" 28.00 66.00 80.00 3" x 2 1/2" 54.00 119.00 215.00 8" X 6" 208.00 396.00 906.00 316/316L 43.00 108.00 110.00 80.00 179.00 327.00 297.00 609.00 1359.00 1 1/2" x 1 1/4" 37.00 80.00 136.00 4" X 1 1/2" 90.00 288.00 311.00 10" X 4" 686.00 POA 2260.00 316/316L 55.00 128.00 203.00 135.00 446.00 472.00 1068.00 POA 3136.00 2" X 1/2" 99.00 276.00 134.00 4" X 2" 67.00 219.00 246.00 10" X 6" 467.00 899.00 2260.00 316/316L 148.00 383.00 216.00 100.00 330.00 341.00 700.00 1382.00 3136.00 2" X 3/4" 74.00 196.00 92.00 4" X 2 1/2" 70.00 230.00 257.00 10" X 8" 422.00 688.00 2259.00 316/316L 110.00 271.00 150.00 105.00 353.00 357.00 633.00 954.00 3136.00 2" X 1" 44.00 100.00 80.00 4" X 3" 62.00 110.00 178.00 12" X 6" 715.00 1707.00 3874.00 316/316L 66.00 141.00 116.00 92.00 168.00 294.00 1073.00 2878.00 5811.00 2" X 1 1/4" 43.00 144.00 114.00 5" X 3" 255.00 296.00 623.00 12" X 8" 598.00 1265.00 3370.00 316/316L 64.00 233.00 183.00 345.00 410.00 934.00 896.00 2132.00 5055.00 2" X 1 1/2" 36.00 46.00 72.00 5" X 4" 204.00 285.00 541.00 12" X 10" 500.00 750.00 2931.00 316/316L 54.00 87.00 170.00 282.00 395.00 811.00 750.00 1168.00 4396.00 Page 3
SCH. 40S TAYLOR FORGE STAINLESS, INC. Nominal Pipe And Wall Thickness 90 Long Radius Elbows 45 Long Radius Elbows 90 Short Radius Elbows Caps Straight Type A Stub ends Short (MSS) 1/2" 24.00 24.00 N/A 36.00 60.00 43.00 316/316L.109" 36.00 36.00 N/A 54.00 90.00 64.00 3/4" 24.00 24.00 N/A 42.00 60.00 47.00 316/316L.113" 36.00 36.00 N/A 63.00 90.00 70.00 1" 25.00 25.00 80.00 50.00 64.00 50.00 316/316L.133" 37.00 37.00 120.00 76.00 95.00 76.00 1 1/4" 33.00 33.00 137.00 98.00 148.00 103.00 316/316L.140" 49.00 49.00 205.00 147.00 221.00 154.00 1 1/2" 26.00 26.00 94.00 73.00 68.00 50.00 316/316L.145" 39.00 39.00 140.00 109.00 102.00 76.00 2" 37.00 37.00 114.00 59.00 102.00 52.00 316/316L.154" 56.00 56.00 170.00 88.00 151.00 77.00 2 1/2" 70.00 70.00 164.00 97.00 128.00 107.00 316/316L.203" 106.00 106.00 245.00 145.00 191.00 160.00 3" 90.00 72.00 147.00 73.00 129.00 75.00 316/316L.216" 136.00 109.00 220.00 108.00 194.00 113.00 3 1/2" 333.00 333.00 POA 234.00 POA POA 316/316L.226" 500.00 500.00 POA 350.00 POA POA 4" 156.00 111.00 231.00 99.00 244.00 111.00 316/316L.237" 234.00 167.00 371.00 148.00 365.00 167.00 5" 522.00 367.00 744.00 203.00 562.00 272.00 316/316L.258" 783.00 550.00 1116.00 304.00 843.00 409.00 6" 456.00 322.00 611.00 226.00 538.00 244.00 316/316L.280" 683.00 483.00 916.00 338.00 806.00 366.00 8" 911.00 639.00 1138.00 350.00 1088.00 353.00 316/316L.322" 1366.00 961.00 1639.00 524.00 1632.00 530.00 10" 1914.00 1344.00 2135.00 452.00 2116.00 910.00 316/316L.365" 2871.00 2010.00 3202.00 678.00 3174.00 1365.00 12" 2442.00 1710.00 2820.00 693.00 2820.00 1308.00 316/316L.375" 3663.00 2565.00 4230.00 1039.00 4230.00 1962.00 CROSSES,ASA STUB ENDS, & MSS/B STUB ENDS ARE POA Page 4
SCH. 40S TAYLOR FORGE STAINLESS, INC. 3/4" x 1/2" 45.00 95.00 87.00 2 1/2" X 1" 168.00 209.00 285.00 6" X 2" 412.00 779.00 977.00 316/316L 67.00 140.00 128.00 251.00 314.00 412.00 618.00 1077.00 1466.00 1" x 1/2" 67.00 95.00 87.00 2 1/2" X 1 1/2" 134.00 167.00 257.00 6" X 2 1/2" 349.00 779.00 877.00 316/316L 100.00 140.00 130.00 200.00 250.00 386.00 523.00 1077.00 1283.00 1" x 3/4" 47.00 94.00 80.00 2 1/2" X 2" 86.00 107.00 207.00 6" X 3" 181.00 368.00 744.00 316/316L 70.00 140.00 120.00 128.00 160.00 321.00 271.00 562.00 1116.00 1 1/4" x 3/4" 115.00 143.00 224.00 3" X 1" 116.00 428.00 231.00 6" X 4" 149.00 280.00 644.00 316/316L 171.00 214.00 326.00 174.00 654.00 375.00 232.00 467.00 966.00 1 1/4" x 1" 58.00 144.00 212.00 3" X 1 1/4" 168.00 328.00 447.00 6" X 5" 211.00 359.00 744.00 316/316L 87.00 226.00 308.00 251.00 483.00 658.00 317.00 587.00 1116.00 1 1/2" x 1/2" 97.00 243.00 128.00 3" X 1 1/2" 59.00 202.00 194.00 8" X 3" 751.00 1082.00 1732.00 316/316L 145.00 365.00 177.00 88.00 314.00 290.00 1126.00 1851.00 2598.00 1 1/2" x 3/4" 78.00 270.00 119.00 3" X 2" 56.00 174.00 161.00 8" X 4" 467.00 668.00 1501.00 316/316L 117.00 408.00 177.00 84.00 263.00 241.00 700.00 1022.00 2253.00 1 1/2" x 1" 34.00 113.00 92.00 3" X 2 1/2" 59.00 188.00 227.00 8" X 6" 349.00 436.00 1306.00 316/316L 50.00 167.00 137.00 88.00 278.00 338.00 523.00 653.00 1765.00 1 1/2" x 1 1/4" 45.00 102.00 136.00 4" X 1 1/2" 121.00 336.00 467.00 10" X 4" 800.00 POA 3508.00 316/316L 67.00 150.00 203.00 181.00 501.00 706.00 1199.00 POA 5262.00 2" X 1/2" 143.00 296.00 200.00 4" X 2" 79.00 322.00 402.00 10" X 6" 650.00 899.00 2920.00 316/316L 214.00 434.00 300.00 118.00 496.00 603.00 974.00 1377.00 4379.00 2" X 3/4" 97.00 276.00 175.00 4" X 2 1/2" 115.00 230.00 336.00 10" X 8" 540.00 674.00 2539.00 316/316L 145.00 412.00 261.00 171.00 352.00 503.00 810.00 1011.00 3808.00 2" X 1" 45.00 154.00 151.00 4" X 3" 59.00 161.00 292.00 12" X 6" 999.00 2297.00 4474.00 316/316L 67.00 214.00 227.00 88.00 249.00 438.00 1499.00 3867.00 6710.00 2" X 1 1/4" 54.00 156.00 246.00 5" X 3" 351.00 439.00 777.00 12" X 8" 917.00 1258.00 3891.00 316/316L 80.00 234.00 368.00 527.00 658.00 1175.00 1376.00 2084.00 6946.00 2" X 1 1/2" 39.00 90.00 127.00 5" X 4" 284.00 355.00 674.00 12" X 10" 644.00 983.00 3384.00 316/316L 58.00 147.00 190.00 425.00 531.00 1011.00 966.00 1580.00 5075.00 Page 5
TAYLOR FORGE STAINLESS, INC. SCH. 80S And Wall Thickness 90 Long Radius Elbows 45 Long Radius Elbows 90 Short Radius Elbows Caps Straight 1/2" 55.00 69.00 N/A 78.00 96.00 316/316L.147" 82.00 99.00 N/A 117.00 144.00 3/4" 58.00 69.00 N/A 107.00 108.00 316/316L.154" 87.00 99.00 N/A 160.00 161.00 1" 60.00 70.00 151.00 106.00 131.00 316/316L.179" 90.00 100.00 227.00 158.00 197.00 1 1/2" 102.00 90.00 165.00 165.00 135.00 316/316L.200" 151.00 124.00 247.00 247.00 201.00 2" 150.00 122.00 189.00 89.00 173.00 316/316L.218" 225.00 168.00 278.00 134.00 258.00 2 1/2" 189.00 141.00 345.00 151.00 391.00 316/316L.276" 278.00 208.00 517.00 217.00 587.00 3" 214.00 160.00 311.00 167.00 289.00 316/316L.300" 320.00 240.00 467.00 250.00 433.00 4" 361.00 270.00 544.00 279.00 494.00 316/316L.337" 541.00 406.00 816.00 300.00 742.00 6" 1066.00 800.00 1554.00 329.00 1588.00 316/316L.432" 1599.00 1421.00 2331.00 410.00 2376.00 8" 1543.00 1155.00 1865.00 461.00 2431.00 316/316L.500" 2315.00 1732.00 2664.00 689.00 3641.00 10" 3364.00 2520.00 3663.00 650.00 3730.00 316/316L.500" 5045.00 3774.00 4940.00 966.00 5595.00 12" 4074.00 3053.00 4995.00 844.00 4452.00 316/316L.500" 6178.00 4579.00 7493.00 1266.00 6660.00 CROSSES, ASA/A, MSS/A, AND MSS/B STUB ENDS ARE POA Page 6
SCH. 80S TAYLOR FORGE STAINLESS, INC. 3/4" x 1/2" 60.00 89.00 135.00 2" X 1 1/2" 95.00 178.00 196.00 4" X 3" 248.00 389.00 316/316L 90.00 130.00 201.00 143.00 264.00 350.00 371.00 669.00 1" x 1/2" 89.00 111.00 189.00 2 1/2" X 1" 190.00 267.00 666.00 6" X 3" 590.00 738.00 316/316L 134.00 167.00 278.00 285.00 400.00 999.00 884.00 1421.00 1" x 3/4" 89.00 111.00 164.00 2 1/2" X 1 1/2" 190.00 237.00 533.00 6" X 4" 517.00 645.00 316/316L 134.00 167.00 246.00 285.00 405.00 800.00 774.00 968.00 1 1/2" x 1/2" 146.00 220.00 231.00 2 1/2" X 2" 190.00 238.00 467.00 8" X 4" 675.00 926.00 316/316L 218.00 279.00 324.00 285.00 386.00 700.00 1013.00 1534.00 1 1/2" x 3/4" 146.00 183.00 231.00 3" X 1 1/2" 251.00 352.00 433.00 8" X 6" 609.00 850.00 316/316L 218.00 272.00 324.00 375.00 568.00 718.00 913.00 1281.00 1 1/2" x 1" 106.00 191.00 231.00 3" X 2" 139.00 275.00 361.00 10" X 6" 1093.00 1388.00 316/316L 158.00 273.00 324.00 225.00 462.00 598.00 1639.00 2048.00 1 1/2" x 1 1/4" 125.00 228.00 231.00 3" X 2 1/2" 227.00 284.00 443.00 10" X 8" 986.00 1233.00 316/316L 187.00 292.00 324.00 340.00 462.00 718.00 1479.00 1849.00 2" X 3/4" 181.00 263.00 251.00 4" X 2" 390.00 487.00 817.00 12" X 8" 1208.00 1523.00 316/316L 271.00 389.00 364.00 584.00 731.00 1226.00 1829.00 2285.00 2" X 1" 124.00 209.00 248.00 4" X 2 1/2" 390.00 487.00 711.00 12" X 10" 1122.00 1401.00 316/316L 185.00 292.00 364.00 584.00 731.00 851.00 1682.00 2098.00 618.00 926.00 2193.00 2731.00 1905.00 2858.00 3355.00 5029.00 2918.00 4376.00 5145.00 7715.00 4529.00 6714.00 6139.00 9213.00 5342.00 8012.00 Page 7
TAYLOR FORGE STAINLESS, INC. SCH. 160S And Wall Thickness 90 Long Radius Elbows 45 Long Radius Elbows 90 Short Radius Elbows Caps Straight 1/2" 109.00 109.00 N/A 134.00 191.00 316/316L.187" 164.00 164.00 N/A 200.00 278.00 3/4" 128.00 128.00 N/A 134.00 191.00 316/316L.218" 184.00 184.00 N/A 200.00 278.00 1" 123.00 123.00 N/A 134.00 191.00 316/316L.250" 184.00 184.00 N/A 200.00 278.00 1 1/2" 160.00 160.00 POA 214.00 245.00 316/316L.281" 240.00 240.00 POA 320.00 367.00 2" 195.00 195.00 POA 235.00 367.00 316/316L.343" 289.00 289.00 POA 351.00 544.00 2 1/2" 356.00 356.00 POA POA POA 316/316L.375" 533.00 533.00 POA POA POA 3" 398.00 398.00 POA 322.00 744.00 316/316L.438" 589.00 589.00 POA 483.00 1110.00 4" 644.00 578.00 POA 389.00 1399.00 316/316L.531" 966.00 866.00 POA 583.00 1998.00 6" 1965.00 1466.00 POA 666.00 4707.00 316/316L.718" 2886.00 2165.00 POA 999.00 6993.00 MSS & ASA STUB ENDS ARE POA Page 8
SCH. 160S TAYLOR FORGE STAINLESS, INC. 3/4" x 1/2" 97.00 POA POA 2" X 1" 190.00 POA POA 4" X 2" 500.00 POA POA 316/316L 145.00 POA POA 285.00 POA POA 750.00 POA POA 1" x 1/2" 114.00 POA POA 2" X 1 1/2" 190.00 POA POA 4" X 3" 454.00 POA POA 316/316L 170.00 POA POA 285.00 POA POA 681.00 POA POA 1" x 3/4" 114.00 POA POA 2 1/2" X 2" 295.00 POA POA 6" X 3" 971.00 POA POA 316/316L 170.00 POA POA 441.00 POA POA 1456.00 POA POA 1 1/2" x 3/4" 184.00 POA POA 3" X 1 1/2" 470.00 POA POA 6" X 4" 971.00 POA POA 316/316L 272.00 POA POA 705.00 POA POA 1456.00 POA POA 1 1/2" x 1" 181.00 POA POA 3" X 2" 285.00 POA POA 316/316L 173.00 POA POA 427.00 POA POA Page 9
GENERAL TERMS AND CONDITIONS OF SALE TAYLOR FORGE STAINLESS (Herein referred to as TFS) WARRANTY PURCHASER S REMEDIES PRICES ACCEPTANCE OF ORDERS REMITTANCES PARTIAL SHIPMENTS AND PAYMENTS TAXES SHORTAGES AND DAMAGE IN TRANSIT DELAYS CANCELLATION AND SUSPENSION RETURN OF MATERIAL INTELLECTUAL PROPERTY GOVERNING LAW NO WAIVER DIES, TOOLS AND PATTERNS FORCE MAJEUR PURCHASER S ACCEPTANCE OF ABOVE CONDITIONS All TFS products are warranted to be free from manufacturing defects for a period of one (1) year from date of shipment, and any found to be defective within that period will be replaced without charge, provided (1) the product was used as recommended and in accordance with approved installation and operating practices; (2) its failure resulted from a manufacturing defect and not from damage due to corrosive, abrasive, or other wear normally expected in the services involved; and (3) written notice of such defect is delivered to TFS during such (1) year period. TFS will not be responsible for labor costs or other expenses or liability. The Uniform Commercial Code and the New Jersey statutes adopting the Uniform Commercial Code shall not be applicable to this sale. This express warranty is in lieu of and excludes all other warranties, guarantees or representations, express or implied. There are no implied warranties of merchantability or of fitness for a particular purpose in connection with the sale of TFS products. THE FOREGOING WARRANTIES ARE THE EXCLUSIVE WARRANTIES PROVIDED BY SELLER, REGARDLESS OF WHETHER ANY DEFECTS OR NON- CONFORMATIES ARE DISCOVERABLE OR LATENT. NO OTHER WARRANTIES (WHETHER EXPRESS OR IMPLIED, BY OPERATION OF LAW OR OTHERWISE) SHALL APPLY, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR PURSUANT TO COURSE OF DEALING OR TRADE USAGE. THE FOREGOING WARRANTIES ARE CONDITIONED ON THE NORMAL AND PROPER INSTALLATION, USE AND MAINTENANCE OF THE PRODUCTS PROVIDED BY SELLER. ANY USE OF THE PRODUCTS CONTRARY TO SELLER'S INSTRUCTIONS OR RECOMMENDATIONS OR BEYOND THEIR DESIGN CAPABILITIES, OR ANY ALTERATION, MODIFICATION, NEGLECT, ABUSE, ACCIDENT OR DAMAGE INVOLVING SUCH PRODUCTS, WILL VOID THE FOREGOING WARRANTIES. The purchaser s remedies with respect to any product furnished by TFS hereunder that is not in conformity with the terms and conditions of the contract because of breach of contract, breach of express or implied warranty, TFS negligence, or strict liability shall be limited exclusively to the right of replacement of such defective product or, at TFS option, to refund of the purchase price of the product. In no event shall TFS be liable for claims (based upon breach of contract, breach of express or implied warranty, negligence, or strict liability or any other theory) for any damages, whether direct, immediate, foreseeable, incidental, consequential, or special or for any expenses incurred by reason of the use or misuse, sale or fabrication of products which do or do not conform to the terms and conditions of the contract. Prices, and other terms of sale and payment, are subject to change without notice. Unless a contrary provision appears in the price schedule quotation or order acknowledgement, prices may be withdrawn without notice at any time. Stenographic or clerical errors are subject to correction. All orders are subject to approval by TFS credit department prior to acceptance by TFS. No assignment of the Purchaser s rights may be made without the written consent of TFS. Finance charges computed by a percent rate of 1½ % per month which is an annual percent rate of 18 % on all past due invoices. All Accounts are payable in United States funds, free of exchanges, collection, or any other charges. If, in the sole discretion of TFS, the financial condition of the Purchaser at any time so requires, TFS retains the right to require full or partial payment in advance. TFS reserves the right to make partial shipments from time to time, and to render invoices therefore which shall be due and payable as provided in the said invoices and the paragraph entitled Remittances. If any such partial payments become overdue, TFS shall be entitled to suspend work and/or avail itself of other legal remedies. Unless otherwise specifically noted, the amount of any sale, use, occupancy, excise tax, or other tax, of any nature, federal, state, or local, for which TFS is legally liable, either initially or through failure of payment by Purchaser, shall be added or be in addition to the price quoted and Purchaser agrees to pay the same to TFS. Claims for shortages must be made in writing within ten days after receipt of shipment. All loss of or damage to materials in transit is the responsibility of the carrier. All promises of shipment are estimated as closely as possible. TFS will use its best efforts to ship within the time promised but not guarantee to do so, and assume no liability for not doing so. Materials stated to be in stock are subject to prior sale. The order to contract is subject to cancellation or instructions to suspend or delay work or delivery only upon receipt of written notification and with our consent, and upon agreement to pay TFS s adjustment charge. Orders for special products (usually price on application items) may be changed and/or cancelled only upon receipt of written instructions with a tacit understanding and agreement to make payment for material used and work already performed. No product of TFS manufacture may be returned without written consent. All goods returned are subject to a handling charge plus freight in both directions and charges for any required reconditioning, unless otherwise specified in writing by TFS. The Purchaser shall defend, indemnify and hold harmless TFS against and from all liability, demands for alleged infringement, actions or claims relating to alleged intellectual property rights, including trademark, trade name, service mark, trade dress, trade secret, patent, design, copyright or similar proprietary or intellectual property right of a third party residing in the design, method of manufacture dictated by Purchaser, method of use of, or a process incorporating, any product supplied by TFS under the contract and made in accordance with the design and/specification furnished by the Purchaser to TFS, including costs, damages and reasonable attorneys fees. If any such action or claim is asserted against TFS by a third party, Purchaser will defend such action at its own expense. The contract shall be governed by, construed, and enforced in accordance with the laws of the State of New Jersey. The failure of TFS to insist, in any one or more instances, upon the performance of any of the terms, covenants, or conditions of the contract or to exercise any right thereunder shall not be construed as a waiver or relinquishment of the future performance of any such term, covenant, or condition or the future exercise of such rights, nor shall it be deemed to be a waiver or relinquishment of any other term, covenant, or condition, or the exercise of any other rights under the contract. Dies, tools, and patterns required to produce the products quoted on shall remain the property of TFS. Preparation charges or charges for dies, tools, and patterns represent only a portion of cost. Payment of such charge does not give the Purchaser any right, title, or interest in such dies, tools, or other products of preparation. TFS will not be responsible for retention of dies or patterns on which no orders are received for two years or more from the date of the last order. Any delays in or failure of performance of TFS shall not constitute default or give rise to any claims for damages if and to the extent that such a delay or failure is caused by occurrences beyond the control of TFS, including, but not limited to: acts of God or the public enemy; expropriation or confiscation of facilities, compliance with any order or request of any governmental authority, acts of war, rebellion or sabotage or damage resulting there from; embargoes or other export restrictions, fires, floods, explosions, accidents, breakdowns, riots or strikes other concerted acts of workmen, whether direct or indirect; or any other causes whether or not of the same class or kind as those specifically above named which are not within the control of TFS and which, by the exercise of reasonable diligence, TFS is unable to prevent or provide against. The contract shall be subject to the terms and conditions contained or referred to in TFS price schedule, quotation, or order acknowledgement, and to no others whatsoever. Purchaser shall not be responsible to provide a copy of the TFS terms and conditions to any and all third parties to whom the Purchaser sells or conveys the TFS product, or any other products incorporating the TFS product. No waiver, alteration, or modification of the terms and conditions in this price schedule, quotation, or order acknowledgement shall be binding unless in writing and signed by an authorized representative of TFS. THE GOODS COVERED HEREIN ARE WARRANTED TO HAVE BEEN PRODUCED IN COMPLIANCE WITH THE REQUIREMENTS OF THE FAIR LABOR STANDARDS ACT OF 1938 AS AMENDED. TERMS UNLESS OTHERWISE INDICATED: 1% DISCOUNT MAY BE TAKEN IF INVOICES ARE PAID WITHIN 10 DAYS. THE NET AMOUNT IS DUE IN 30 DAYS.