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Warranty
modec guarantees its equipment in accordance with the following conditions:
• During 12 months as of the delivery date, modec warrants its equipment against
all material and manufacturing defects, except for consumable parts and elements which
are out of order due to normal wear and tear further to standard use 8 hours per business
day. During the aforementioned period, modec will replace or repair all parts
acknowledged as defective by our departments, which parts shall have been promptly
returned by the buyer to modec plants, all carriage costs and duties paid, enclosing a
detailed description of the recorded breakdown and the warranty certificate.
• Components which were not manufactured by us come under the relevant
manufacturer's warranty.
This warranty shall only be applicable if the machine is used with modec consumables. We hold
no liability if our products are used in an abnormal manner.
AGREEMENT REVIEW
Significant modifications in the Buyer's economic or financial situation, including the sale,
transfer, pledge or contribution of the latter's business or assets, and if payment or acceptance
of bill is not performed on the agreed date, even further to partial order performance, may entail
revision of the conditions thereof and the overall credit conditions granted.
INTELLECTUAL PROPERTY
We continue to hold all intellectual property rights to our projects, studies and documents which
shall not be communicated, exploited or reproduced without our prior written authorization.
FORCE MAJEURE EVENT
modec shall not be held responsible for any breach whatsoever of its contractual obligations
that result from causes which are beyond our control such as, amongst others: fire, storms,
flooding, earthquake, explosion, accident, strikes and/or industrial disputes, hostile actions,
insurrection, war (declared or otherwise), rebellion, sabotage, epidemics, quarantine,
impossibility of ensuring supplies of parts, raw materials or machinery, Government decision
and legal actions.
APPLICABLE LAW
The agreement shall be governed and construed in accordance with French law.
POWER OF JURISDICTION
All disputes or litigation which have not been amicably settled shall be referred to the
Commercial Court of Romans, acknowledged as sole competent jurisdiction by the contractors,
including in the event of the introduction of third parties.
OTHER CONDITIONS
Those of the Federation of Mechanical Industrialists of France.
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