Patent indemnity, Limitation of liability, National and local codes – Hypertherm Powermax45 Service Manual User Manual

Page 14: Liability cap, Insurance, Transfer of rights

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W-2

Compliance Information

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WARRANTY

Patent indemnity

Except only in cases of products not manufactured by

Hypertherm or manufactured by a person other than

Hypertherm not in strict conformity with Hypertherm’s

specifications and in cases of designs, processes,

formulae, or combinations not developed or purported

to be developed by Hypertherm, Hypertherm will have

the right to defend or settle, at its own expense, any

suit or proceeding brought against you alleging that

the use of the Hypertherm product, alone and not in

combination with any other product not supplied by

Hypertherm, infringes any patent of any third party. You

shall notify Hypertherm promptly upon learning of any

action or threatened action in connection with any such

alleged infringement (and in any event no longer than

fourteen (14) days after learning of any action or threat

of action), and Hypertherm’s obligation to defend shall

be conditioned upon Hypertherm’s sole control of, and

the indemnified party’s cooperation and assistance in,

the defense of the claim.

limitation of liability

In no event shall Hypertherm be liable to any

person or entity for any incidental, consequential

direct, indirect, punitive or exemplary damages

(including but not limited to lost profits)

regardless of whether such liability is based on

breach of contract, tort, strict liability, breach

of warranty, failure of essential purpose, or

otherwise, and even if advised of the possibility

of such damages.

National and local codes

National and local codes governing plumbing and

electrical installation shall take precedence over any

instructions contained in this manual. In no event shall

Hypertherm be liable for injury to persons or property

damage by reason of any code violation or poor work

practices.

liability cap

In no event shall Hypertherm’s liability, if any,

whether such liability is based on breach of

contract, tort, strict liability, breach of warranties,

failure of essential purpose or otherwise, for

any claim, action, suit or proceeding (whether

in court, arbitration, regulatory proceeding or

otherwise) arising out of or relating to the use of

the Products exceed in the aggregate the amount

paid for the Products that gave rise to such claim.

Insurance

At all times you will have and maintain insurance in such

quantities and types, and with coverage sufficient and

appropriate to defend and to hold Hypertherm harmless

in the event of any cause of action arising from the use

of the products.

Transfer of rights

You may transfer any remaining rights you may have

hereunder only in connection with the sale of all or

substantially all of your assets or capital stock to a

successor in interest who agrees to be bound by all of

the terms and conditions of this Warranty. Within thirty

(30) days before any such transfer occurs, you agree to

notify in writing Hypertherm, which reserves the right of

approval. Should you fail timely to notify Hypertherm and

seek its approval as set forth herein, the Warranty set

forth herein shall be null and void and you will have no

further recourse against Hypertherm under the Warranty

or otherwise.

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