W.F. TAYLOR CO., INC.

Sales Policy

I. GENERAL PROVISIONS

All prices, terms and conditions are subject to change without notice. All orders are subject to acceptance by W. F. Taylor Co., Inc. (“Taylor”) and subject to credit approval on scheduled shipping dates. All prices are F.O.B. shipping plant. Full truckloads (20 pallets) may be prepaid to selected regional zones with appropriate management approval.

II. TERMS OF PAYMENT

All invoices are due for payment in full on or before the 30th day after invoice date (Net 30 days). We reserve the right to charge a legal rate of interest on all accounts not paid by the due date.

III.   PALLET CHARGES and FUEL SURCHARGES

All invoices are subject to a pallet charge if applicable.

IV.  FREIGHT AND DELIVERY POLICIES

a) TERMS OF SHIPMENT: All shipments will be made freight collect F.O.B. our plant unless otherwise subject to regional freight zone requirements. Each customer should designate the carrier of his choice and must indicate at time of the order the name of the trucking company selected. In those cases where Taylor is asked to assist in locating a freight carrier on behalf of the customer, the contract to perform delivery through transfer of title to the carrier is between the customer and the carrier. All claims resulting from loss or damage in transit should be filed with the carrier according to the following section (loss or damage in transit).

b) LOSS OR DAMAGE IN TRANSIT:  BY LAW, title for goods transfers to the customer when accepted by a common carrier through the instrument of the signed bill of lading. After leaving our plant, Taylor accepts no responsibility for the safe delivery of goods ordered and shipped. The carrier is responsible to the customer for loss/or damage occurring in transit. FOR HIS PROTECTION, A CUSTOMER MUST NOTE LOSS/OR DAMAGE ON THE FREIGHT BILL AT THE TIME OF DELIVERY.

In the case of concealed damage and/or loss discovered subsequent to delivery, a customer must obtain a concealed damage and/or loss report from the delivering carrier, before a claim can be filed. Although we will render all possible assistance in such cases, IT IS THE CUSTOMERS RESPONSIBILITY TO FILE A CLAIM, as title to the goods transfers to the customer at point of shipment.

c) COMBINED TRUCKLOAD SHIPMENTS: Each customer on combined truckloads will be shipped “freight prepaid” and will be charged a portion of the total freight charge in effect at the time of shipment based on a percentage weight calculation. Cash discounts do not apply to invoiced freight charges.

V. RETURNS

Returned goods will not be accepted without prior written authorization by Taylor. After authorization, all returns must be shipped freight prepaid and customers will incur a 20% restocking charge, unless material was faulty or shipped through an error on our part. material will only be accepted if any defective or damaged goods are brought to Taylor’s attention within 30 days of shipment. W.F. Taylor Co., Inc. reserves the sole right to remedy for damaged or returned goods.

rev.04/01/09