QUOTATION TERMS

  1. All compensation and payments due to SUPPLIER hereunder are stated exclusive of any taxes and duties, or similar taxes and duties, that may be levied on such compensation or payments. Any such taxes and duties imposed by taxing authorities having jurisdiction over the SUPPLIER must be separately stated on the applicable invoices and paid by the BUYER to the SUPPLIER. In addition, SUPPLIER must remit the taxes and duties collected to the appropriate taxing authority.
  2. All materials are subject to destination control. Resale or trans-shipment different from the mentioned final destination is only permissible with prior, written approval from Riken Keiki (M) Sdn. Bhd.
  3. All materials are also subject to export control laws, which may require the written approval of the trade compliance authorities for the respective countries prior to the acceptance of the order.
  4. Under no circumstances shall the SUPPLIER be liable to the BUYER, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, for any loss of profit or indirect or consequential loss arising out of or in connection with the contract.
  5. This document is intended for exclusive and confidential use and should not be shared with or distributed to third parties. It constitutes a price quotation addressed to a specific recipient, with the company name and address clearly indicated.