Last updated on Wednesday June 2nd, 2021
BANNERGALAXY TERMS AND CONDITIONS
1. THE AGREEMENT. BannerGalaxy.com and affiliated companies (collectively, “BannerGalaxy”) agree to provide the goods and labor (collectively, the “Work”) described in BannerGalaxy’s quote, for good and valuable consideration to the Customer listed below, subject to these terms and conditions agreed to by BannerGalaxy and the Customer (collectively the “Parties”). This Agreement shall be for the benefit of BannerGalaxy and Customer and not for the benefit of any other person or entity.
2. Customer’s written or verbal authorization to start work, agreement to make payment, making payment, or otherwise manifesting assent to BannerGalaxy’s quote constitutes an acceptance of this Agreement.
3. TERMS OF PAYMENT.
3.1 Payment date. Unless expressly stated differently on BannerGalaxy’s quote, all payments for the Work are due from Customer net 30 days from the date of the invoice (“Due Date”). Payment shall be made to BannerGalaxy at the address specified on the invoice, without any offset or deduction for any reason. If Customer does not provide a written objection to the invoice or Work by the Due Date, all objections to the invoice and the Work are waived by the Customer and forever barred.
3.2 Delinquent payments.
3.2.1 Any payment not made by Customer on or before the Due Date shall be subject to a late charge on any unpaid balance at a rate of 18% per annum, or the highest interest rate allowed by law, whichever is greater.
3.2.2 If a payment is not made on or before the Due Date, Customer agrees that BannerGalaxy may elect, in addition to any other remedy at law or in equity, to cease performance under the Agreement and any other agreement between Customer and BannerGalaxy.
3.2.3 BannerGalaxy may resort to any legal or equitable remedy to collect any delinquent payment or other outstanding amounts past due. In the event that BannerGalaxy elects to file a lawsuit against Customer for any unpaid monies and is the prevailing party, BannerGalaxy shall be entitled to collect from the Customer its costs, interest, and attorney fees incurred related to such lawsuit, in addition to any damages.
4. LIMITED WARRANTY. BannerGalaxy agrees to undertake and provide the Work in a workmanlike fashion and consistent with the quality of similar Work provided generally in the industry. BannerGalaxy MAKES NO OTHER WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED BY OPERATION OF LAW OR OTHERWISE, INCLUDING WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF MARKETABILITY OR FITNESS FOR PARTICULAR PURPOSE, ALL OF WHICH ARE SPECIFICALLY DISCLAIMED. If the Work includes the replacement of parts and equipment, which have a manufacturer’s limited warranty, to the extent allowed by law, BannerGalaxy transfers and assigns to Customer those manufacturers’ warranties, if any such warranty is provided by the manufacturer. In no event shall BannerGalaxy be liable to Customer for any incidental, consequential, special, exemplary, and/or punitive damages, including without limitations, loss of revenue or profit.
5. Customer is solely responsible for all sales or use taxes imposed on its retail purchase of the Work from BannerGalaxy, as well as any property taxes, assessments, and any other levies on the Work. Customer may issue to BannerGalaxy appropriate documents (e.g., exemption or direct pay certificates) designating all or part of the purchase transaction under this Agreement as either sales or use tax exempt or allocating the use of goods and work purchased to one or more taxing jurisdiction. Customer and BannerGalaxy shall make all reasonable efforts to cooperate with each other to determine Customer’s liability for efforts to minimize such liability as legally permissible. BannerGalaxy shall make a reasonable effort to cooperate fully with Customer in seeking refunds of sales or use taxes paid to BannerGalaxy or paid by Customer directly to a taxing authority. In no event will BannerGalaxy be liable to the Customer or any other entity for any sales taxes, use taxes, property taxes, or any other assessment or levy related to the Work.
6. TERMINATION FOR CONVENIENCE. BannerGalaxy reserves the right to terminate this Agreement, or any Work or portion of Work under this Agreement, with or without cause, by seven (7) calendar days’ prior written notice to the other Customer. Within thirty (30) business days of notice of termination, BannerGalaxy will submit a final invoice for the Work performed prior to the effective date of termination, which shall be due and payable as stated under this Agreement. Customer agrees that any payment obligations due and outstanding at the time of termination under this paragraph shall survive this Agreement. Any outstanding unpaid amounts shall be treated as Delinquent Payments under paragraph 3 of this Agreement.
7. MUTUAL INDEMNIFICATION.
7.1 Customer’s indemnification. Customer shall indemnify, defend (using counsel reasonably acceptable to BannerGalaxy), and hold harmless BannerGalaxy, its affiliates, owners, directors, officers, employees, contractors, agents, successors and assigns, from any and all liabilities, taxes, damages, claims, fees, fines, penalties, losses, costs and expenses (including, but not limited to, reasonable attorneys’ fees) (collectively, “Losses”) which BannerGalaxy may incur, suffer, become liable for, or which may be asserted or claimed against BannerGalaxy as a result of the acts, errors, or omissions of Customer, including, but not limited to, a breach of the terms of this Agreement by Customer, the enforcement of this Agreement by BannerGalaxy, any liability related to Intellectual Property related to this Agreement, or any tax liabilities.
7.2 BannerGalaxy’s indemnification. Except as otherwise provided in this paragraph, BannerGalaxy shall indemnify, defend (using counsel reasonably acceptable to Customer), and hold harmless Customer, its affiliates, owners, directors, officers, employees, contractors, agents, successors and assigns, from any and all Losses which Customer may incur, suffer, become liable for, or which may be asserted or claimed against Customer as a result of the acts, errors, or omissions of BannerGalaxy, including, but not limited to, a breach of the terms of this Agreement by BannerGalaxy or the enforcement of this Agreement by Customer. Notwithstanding the foregoing, Customer agrees that BannerGalaxy’s maximum liability to the Customer shall not exceed the amount Customer paid to BannerGalaxy for the Work under this Agreement, less any insurance payments received by the Customer offsetting any loss or other damages suffered by Customer.
8. INSURANCE PROVISIONS.
8.1 Insurance requirement. During the term of this Agreement, BannerGalaxy shall carry and maintain insurance at its own cost, with companies that are rated by A.M. Best at minimum of “A-“ or better, or are otherwise reasonably acceptable to the Customer. BannerGalaxy shall carry the following insurance coverage types with the following minimum primary limits:
8.1.1 Commercial General Liability insurance, insuring against bodily injury, property damage, contractors’ completed operations and contractual liability with a combined single limited of not less than one million dollars ($1,000,000) per claim and two million dollars ($2,000,000) in the annual aggregate.
8.1.2 Workers’ Compensation and Employer’s Liability insurance, with Workers’ Compensation limits as required by State law, and Employer’s Liability limits of five hundred thousand dollars ($500,000) per claim and in the annual aggregate.
8.2 Additional insured. Upon written request from the Customer, BannerGalaxy shall add the Customer as an “additional insured” on the policies set forth above in this paragraph (paragraph 8).
8.3 Proof of insurance. Upon written request from the Customer, BannerGalaxy shall provide Customer with a copy of the certificates of insurance required under this paragraph (paragraph 8), but shall not be required to provide Customer with more than one such copy of any certificate per calendar year.
9. INTELLECTUAL PROPERTY.
Limited usage rights:
The category and medium of use are limited to those set forth in the quote. The duration of use is five (5) years from the date of this Agreement, which duration can be modified by the parties in an express writing. The geographic territory of the limited usage rights is worldwide with no limitation.
10.1 No assignment. There shall be no assignment of the Agreement by Customer without the prior written approval of BannerGalaxy. Any assignment of the Agreement shall not relieve Customer of its obligations under the Agreement, including but not limited to payment by the Due Date.
10.2 Force Majeure. Neither party will be liable for any delay or failure to perform its obligations under this Agreement, other than a payment obligation, due to any cause beyond its reasonable control including without limitation, acts of God or of the public enemy, including terrorism, acts of the government in its sovereign capacity, fires, floods, epidemic, strikes, picketing or boycotts, or any other circumstances caused by natural occurrences or third party actions beyond the reasonable control and without the fault or negligence of the party whose performance is affected (“Force Majeure Events”); provided that the affected party provides the other party prompt notice of the applicable circumstance and uses commercially reasonable efforts to re-commence performance as promptly as possible; provided, further, that if the duration of such Force Majeure Event exceeds thirty (30) days, the other party may terminate the Agreement upon delivery of written notice to the affected party, which termination shall be immediately effective upon such delivery.
10.3 Venue and enforcement. The Parties agree that the laws of the State of Michigan shall apply and any dispute under the Agreement shall be brought in the applicable state or federal court located in Grand Traverse County, Michigan and the Parties waive any right to a jury trial.
10.4 Construction and captions. The Parties acknowledge that each has reviewed the Agreement and that the normal rules of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of the Agreement or any exhibits or amendments hereto; and that section headings appearing in the Agreement are for convenience of reference only and they are not intended, to any extent or for any purpose, to limit or define the text of any section or any subsection hereof. In the event any part of the Agreement is found to be ambiguous, such ambiguity shall not be construed against any party.
10.5 Entire Agreement. Unless expressly agreed to otherwise by the Parties in a separate writing, this Agreement constitutes the sole and entire agreement between the Parties and supersedes all prior and contemporaneous statements, promises, understandings or agreements, whether written or oral.
10.6 Amendments. The Agreement may be amended, modified or altered at any time upon the approval of the BannerGalaxy and Customer; however, any such amendment must be in writing and signed by the BannerGalaxy and Customer in order for such amendment to be of any force and effect.
10.7 Partial invalidity. In the event that any provision of the Agreement is declared by any court of competent jurisdiction or any administrative judge to be void or otherwise invalid, all of the other terms, conditions and provisions of the Agreement shall remain in full force and effect to the same extent as if that part declared void or invalid had never been incorporated in the Agreement and in such form, the remainder of the Agreement shall continue to be binding upon the Parties.
10.8 Written notice. Written notice under this Agreement shall be provided by the Customer by mail to:BannerGalaxy.com
2322 Cass Road
Traverse City, MI 49684
BannerGalaxy shall provide written notice under this Agreement by mail to the Customer’s last known business address or other address expressly designated by the Customer in writing.
Each party acknowledges it has read and understands this Agreement and agrees to be bound by its terms.