LIGHTPATH TECHNOLOGIES, INC. (and subsidiaries)

TERMS AND CONDITIONS OF SALE

These Terms and Conditions of Sale (“Agreement”) constitute the entire understanding between you (“Customer”) and LightPath Technologies, Inc., a Delaware corporation, and its wholly owned subsidiaries, Geltech Incorporated, Horizon Photonics, Inc. ISP Optics Corporation (collectively, “LightPath”). LightPath Optical Instrumentation(Shanghai) Co., Ltd. and LightPath Optical Instrumentation(Zhenjiang) Co., Ltd. LightPath will not be bound by any terms or conditions of Customer’s purchase order, unless specifically agreed to in writing by an authorized officer of LightPath. Only written acknowledgement of the Customer’s order or actual commencement of performance by LightPath shall be deemed valid acceptance of the Customer’s order. Any acceptance of a purchase order by LightPath is expressly conditioned on the Customer’s acceptance of this Agreement. Customer is deemed to have accepted the terms of this Agreement upon accepting delivery of any LightPath Products.

1. Products. “Products” shall mean any products offered by LightPath now or in the future, which are identified in LightPath (i) catalogs or price lists, (ii) written proposals or quotations, or (iii) sales orders or invoices. Alterations to any Product which LightPath deems necessary to comply with Customer specifications, changed safety standards or governmental regulations, to make a Product non-infringing with respect to any intellectual property or third party proprietary interest, or to otherwise improve a Product, may be made at any time by LightPath without prior notice to, or consent of, Customer and such altered Product shall be deemed fully conforming.

2. Purchase Orders. Customer shall purchase Products by issuing a written purchase order signed by an authorized representative, indicating specific Products, quantity, price, total purchase price, shipping instructions, requested delivery dates, bill-to and ship-to addresses, tax exempt certifications (if applicable), and any other special instructions. Any contingencies contained on Customer’s order are not binding on LightPath, unless specifically agreed to in writing by an authorized officer of LightPath. All purchase orders are subject to express acceptance by LightPath. Every purchase order issued by Customer to LightPath shall be governed by this Agreement. LightPath reserves the right to over ship or under ship for cancellation charges in accordance with Cancellations Section 5b) below. Customer acknowledges that LightPath will place binding orders to purchase raw and/or processed materials or components having procurement lead times that cause the lead time for the Products to exceed to Committed Purchases window (the Long Lead Time Materials) at such times, and in such quantities, as may be required to meet the quantities and delivery dates set forth in Customers blanket purchase order and/or then-current Forecast. Further, if volume-based pricing has been quoted by LightPath for the Products, Customer acknowledges that to achieve reduced costs for materials or components in order to extend such volume-based pricing to Customer, LightPath will place binding orders for raw and/or processed materials or components in quantities corresponding to the applicable volume-based pricing level (the Batch Material Purchases). Customer shall be responsible for such Long Lead Time Materials and Batch Material Purchases in accordance with Cancellations Section 5b) below.

3. Pricing. All prices are (i) firm for 30 days from the date of LightPath’s written quotation, (ii) Free Carrier (FCA) LightPath facility (shipping costs and risk of loss from the FCA point of shipment are the responsibility of Customer) and (iii) exclusive of Taxes and other Charges (as defined below). All sales are final. Title to Products shall pass from LightPath to Customer upon delivery to the shipping carrier at the FCA point. For Products shipped freight prepaid or insured, LightPath will bill the Customer for such fee. Any Tax or other Charge shall be charged to the Customer as a separate line item on the invoice. For purposes of this Agreement, “Taxes” include any tax or other charge, which LightPath is liable to collect on behalf of any governmental authority as a result of the sale, use or delivery of Products, including, without limitation, duties, value added and withholding taxes. “Charges” includes all handling or other costs, including, without limitation, insurance, brokerage, transportation or packaging fees.

3a) Pricing Adjustments. Unless otherwise stated in the LightPath quote and/or order acknowledgment, the volume-based prices quoted for the Products are based upon, and subject to, receipt from Customer of blanket purchase order(s) for the applicable quantities of Products to be delivered over a period not to exceed twelve (12) months. The twelve (12) month period shall commence on the first date of shipment of Products under such purchase order. If Customer does not receive and pay for the quantity of Products within such twelve (12) month period, LightPath reserves the right to require payment from Customer of (a) any unearned discounts, pursuant to the discount schedule reflected in the quote and/or order acknowledgment, based upon the actual quantities of Products delivered during the twelve (12) month period, and (b) an inventory carrying charge equal to one and one-half percent (1.5%) per month of LightPaths cost of all dedicated raw material, work in process and finished goods.

4. Payment Terms. Terms of payment shall be cash upon delivery or, at the option of LightPath, net 30 days from the date of shipment (upon credit approval by LightPath). LightPath reserves the right to require alternative payment terms, including, without limitation, letter of credit or payment in advance. LightPath reserves the right to change its credit terms and/or suspend performance under any order when, in the opinion of LightPath, Customer’s financial condition or record of payment so warrants. All payments shall be in U.S. Dollars. If at any time Customer is delinquent in the payment of any invoice or is otherwise in breach of this Agreement, LightPath may, at its discretion, (i) withhold shipment (including partial shipments) of any order and/or (ii) require Customer to pre-pay for further shipments. At LightPath’s sole discretion, all payments not received when due shall be subject to an additional charge of one and one half percent (1.5%) per month of the unpaid amount or the maximum rate permitted by law, whichever is less, until the date of payment. In addition, if collection proceedings are necessary, the payment amount shall include LightPath’s costs of collection, including attorney fees and expenses. In exchange for LightPath extending credit to the Customer under the terms of this Agreement, Customer hereby grants LightPath a continuing security interest in all Products purchased under this Agreement to secure payment. If requested by LightPath, Customer agrees to execute financing statements or other reasonably necessary documents to perfect this security interest. There is no set-off right for the Customer.

5. Performance, Rescheduling, Cancellation and Others. LightPath will schedule shipments according to Customer’s reasonable requests. LightPath may make partial shipments unless Customer’s order specifically objects. Performance and shipping dates specified or communicated by LightPath to the Customer are best and approximate dates based on information, conditions, and raw material availability at the time of the order. Delivery shall be deemed made upon transfer of Product to the carrier at the FCA point. All claims for shortage of Products ordered or for incorrect charges must be presented to LightPath within ten days after receipt by Customer of the relevant shipment. Unless given written instruction, LightPath shall select the carrier. LightPath shall not be liable for damages or penalty for delay in delivery or for failure to give notice of any delay, and the carrier shall not be deemed an agent of LightPath. LightPath shall not be liable for any delay or failure to deliver where, in LightPath’s sole discretion, such performance is rendered commercially impracticable, or where such failure to perform is on account of an act of God, act of governmental authorities, fire, earthquake or other natural disasters, labor disputes of any nature, shortage of supplies or raw materials, accident, insurrection, or other causes beyond the reasonable control or without the fault of LightPath or which would cause LightPath to incur unreasonable expense to avoid. Requests for proof of delivery must be received in writing within 30 days after receipt of the invoice for the Product. The failure to give LightPath such written notice within the 30-day-period shall be considered acceptance of the invoice and a waiver by Customer of all claims for shortages.

5a) Rescheduling.

1.) If the Customer needs to reschedule the delivery time of an order, it shall be agreed by Lightpath in writing in advance. The delivery date can be rescheduled for one time only, and the new delivery date cannot be rescheduled once again.

2.) The new delivery date has to be rescheduled to a date that is at least 30 days later than the originally agreed delivery date under the order concerned, otherwise the delivery date shall not be rescheduled. Also, the rescheduled new delivery date shall not be later than 12 months after the date of placement of the order concerned.

5b) Cancellations.

1.) Cancellation with Prior Approval. Any order for Custom Products or for Standard Products may be cancelled only upon LightPath’s prior written approval and will be subject to the cancellation charges set forth below. LightPath must receive Customer’s cancellation request at least thirty (30) days prior to the scheduled shipment date of any such order. Orders may not be cancelled within thirty (30) days of the scheduled shipment date.

2.) Cancellation Charges and Responsibility for Materials. In the event that (i) Customer cancels an order pursuant to above section, or (ii) Customer fails to take delivery of the Committed Purchases within the time period agreed upon, Customer shall pay to LightPath the following amounts with respect to all cancelled Products and Committed Purchases (without duplication): (a) the contract price of all Products completed prior to such cancellation for which payment has not been made; (b) the burdened cost of all raw materials in LightPath’s possession or on order, which were acquired or ordered by LightPath in order to timely deliver the cancelled Products and/or the Committed Purchases; (c) the burdened cost of all raw materials incorporated into, and all labor applied to, work in process in order to timely deliver the cancelled Products and/or the Committed Purchases, plus profit thereon in accordance with LightPath’s published margins; and (d) other reasonable cancellation charges, including, but not limited to, non-recurring engineering expenses, cancellation costs payable by LightPath to its suppliers, and any other costs incurred by LightPath relating to such cancellation. In addition, Customer shall at all times be responsible for the following until consumed: (1) LightPath’s burdened cost of all Long Lead Time Materials and Batch Material Purchases ordered in order to meet Customers Forecast or extend volume-based pricing to Customer, and (2) any additional stock of Products which Customer has requested to maintain in inventory in order to meet Customer’s requirements, and LightPath reserves the right to require that Customer pay for and take delivery of such items upon cancellation of an order for the Products. LightPath will use commercially reasonable efforts to reduce the cancellation costs by re-allocating materials to other projects and/or returning surplus material to its suppliers. In no event shall the Customer be liable for more than the contract price (subject to any adjustment pursuant to Section 3a).

5c) Product Changes. Customer may request changes to the specifications for a Custom Product with LightPath’s written approval. LightPath reserves the right to modify the price or delivery date for such Custom Product, and to charge Customer a processing fee for such change. Customer shall approve the adjusted price and delivery schedule relating to the requested change prior to commencement of work. Such change will not affect any Products that are scheduled for delivery at the time the request is approved by LightPath Customer and LightPath shall mutually agree on a time schedule for implementing such change. All such changes to product specifications, prices and delivery schedule, and the schedule for implementing such changes, shall be evidenced by a written change form signed by both parties. Customer shall be responsible for all costs associated with such change, including but not limited to the burdened costs of all raw materials, work in process and finished goods inventory on-hand or ordered which are impacted by such change and will be invoiced accordingly. For Standard Products, LightPath reserves the right to make changes or improvements to specifications, designs and/or manufacturing processes for the Standard Products or substitute other functionally equivalent Standard Products (provided that such changes or improvements do not adversely affect the form, fit or function of the Products) without notice and without any obligation to incorporate such changes or improvements in any Products previously delivered to Customer.

5d) Title and Risk of Loss. All Products shall be delivered EXW (Ex Works) LightPath’s designated factory (INCOTERMS 2010). Delivery shall occur, title to the Products shall pass from LightPath to Customer, and Customer shall assume all risk of loss, upon delivery of the Products to the carrier, unless otherwise agreed to by both parties in writing. In no event shall LightPath be liable for any delay in delivery (provided that LightPath timely delivers such Products to the carrier as provided above), or assume any liability in connection with shipment, nor shall the carrier be deemed an agent of the LightPath.

5e) Inspection and Acceptance. Products will be subject to inspection for conformance with the applicable specifications at Customers receiving facilities within a reasonable time, but in no event more than ten (10) days after receipt. Customer will notify LightPath promptly of defective or nonconforming Products and, to the extent reasonably feasible, the nature of the defect. In the event that LightPath does not receive a written notice of defect or nonconformity within ten (10) days after receipt by Customer such Products shall be deemed accepted by Customer, provided, that such deemed acceptance shall not relieve LightPath of its warranty obligations hereunder. In the event that any Product is properly rejected by Customer within the inspection period, Customer may return the Product to LightPath, and LightPath shall repair or replace any Product found to be defective or non-conforming, and shall deliver to Customer a repaired or replacement Product EXW LightPath’s designated facility. LightPath shall be responsible for payment of all shipping charges in connection therewith.

6. Hazardous Applications. LightPath does not warrant that the Products will be free from defects or failures or suitable for use in connection with any product or application requiring fail-safe performance, such as the operation of nuclear power facilities, air traffic control or navigation systems, fire or rescue equipment, weapons control systems, medical equipment including life support systems, or any other system whose failure could lead to injury, death, environmental damage or mass destruction (“Hazardous Applications”). Customer is responsible for determining whether the Products are suitable for use in particular Hazardous Applications and for providing fault-tolerant design implementation of Products when they are so used. Customer will defend, indemnify and hold harmless LightPath from and against any claim by a third party based on death, personal injury or property damage as a result of any alleged defect or failure of a Product used by Customer in any Hazardous Application, regardless of whether or not the Product was defective or met LightPath’s warranties or other obligations hereunder.

7. Limited Warranty. Notwithstanding anything to the contrary contained in this Agreement or otherwise, LightPath’s sole and exclusive obligations to the Customer for any Product made and sold by LightPath to the Customer are to (i) repair returned Product or (ii) provide replacement Product, at LightPath’s sole option, for any Product which has been returned to LightPath under the RMA procedure (as defined below) and which, in the reasonable opinion of LightPath, is determined to be defective in workmanship, material, or not in compliance with the mutually agreed written applicable specification and has in fact failed under normal use on or before 30 days from the Product’s original shipment date. All Products that are experimental, prototypes, or Products used in field trials or qualification testing, are not warranted. All third parties’ Products (including software) sold by LightPath carry only the original manufacturer’s warranty applicable to the Customer. LightPath will only accept for repair, replacement or credit under warranty Products made by third parties if expressly authorized to do so by the relevant third party. Any Product repaired or replaced under warranty is only warranted for the period of time remaining in the original warranty for the Product. LightPath reserves the right, at its sole option, to issue a credit for any defective Product as an alternative to repair or replacement. This warranty covers Product which has proved defective and has failed through normal use, but excludes and does not cover Product (or parts thereof) which has been accidentally damaged, disassembled, modified, misused, used in applications which exceed the Product specifications or ratings or which are inconsistent with its design intent, neglected, improperly installed or otherwise abused or used in hazardous activities. Customer must make a claim under this warranty in writing not later than 30 calendar days after the claimed defect is discovered. The Customer must make all claims under this warranty and no claim will be accepted from any third party.

8. RMA Procedure. LightPath will only accept Products returned under the LightPath Return Materials Authorization (“RMA”) process and shipped pursuant to the RMA Shipping and Packaging Instructions. Failure to comply with RMA Shipping and Packaging Instructions shall render the Product warranty null and void. Customer shall obtain an RMA number from LightPath prior to returning any Product and return the Product, shipping prepaid and insured, to LightPath at the FCA point. LightPath will designate one RMA number per part number. Any part number not covered by the applicable RMA number will be returned to Customer immediately at Customer’s expense. RMAs must be accompanied by any and all test printouts, photos, photomicrographs, and any other results or characterization conducted by Customer which Customer contends set forth defects in workmanship, material, or in non-compliance with the mutually agreed written applicable specification and has in fact failed under normal use on or before 30 days from the date of original shipment. Any Product which has been returned to LightPath but which is found to meet the applicable specification for the Product and not defective in workmanship and material, shall be subject to LightPath’s regular and customary labor, materials, and administrative charges which shall be charged to the Customer. Where any Product is returned without an itemized statement of claimed defects, LightPath will not evaluate the Product but will return it to the Customer at the Customer’s expense. The warranty of a repaired product shall be the balance of the standard warranty from the date of repair. LightPath reserves the right to test a representative sample of returned Product only and to make its return authorization for the entire requested quantity based on that sample. Alternatively, and at LightPath’s sole and absolute discretion, returned Product may be replaced in part or in its entirety with new Product that meets the original Product specifications.

9. Limitation of Liability. Except for the specific warranties set forth in this agreement, no warranty, condition or representation, express, implied, oral or statutory, is provided to the customer or any third party, including, without limitation, any warranty, condition, or representation: (a) of merchantability, fitness for a particular purpose, satisfactory quality, or arising from a course of dealing, usage, or trade practice; or (b) that the products will be free from infringement or violation of any rights, including intellectual property rights, of third parties. This disclaimer and exclusion shall apply even if the express warranty herein fails of its essential purpose. The customer’s sole and exclusive remedies and LightPath’s sole and exclusive liabilities are expressly limited to the terms of this agreement. LightPath shall not be liable to the customer, or any third party, for any other special, consequential, incidental, exemplary, punitive, or indirect costs or damages, including without limitation, litigation costs, installation and removal costs, loss of data, damages resulting from use or malfunction of the products, production, profit, or revenues, or cost of replacement products, arising from any cause whatsoever, regardless of the form of the action, whether in contract, tort (including negligence), strict liability or otherwise, even if advised in advance of the possibility of such costs or damages. For purposes of this provision, LightPath includes LightPath’s directors, officers, employees, agents, representatives, sub-contractors and suppliers. In no event shall the total collective cumulative liability of LightPath, its employees, officers, agents, and directors exceed the amount paid to LightPath for products from which such liability arose during the twelve-month-period preceding the date of the most recent claim.

10. Export Restrictions. Customer shall obtain all licenses, permits and approvals required by any government and shall comply with all applicable laws, rules, policies and procedures of the applicable government and other relevant authorities. Customer will indemnify and hold LightPath harmless for any violation or alleged violation by Customer of such laws, rules, policies or procedures. Customer shall not transmit, export, or re-export, directly or indirectly, separately or as part of any system, the Product or any technical data (including processes and services) received from LightPath, without first obtaining any and all licenses required by the applicable government, including without limitation, the U.S. government and/or any other applicable authority. Customer also certifies that none of the Products or technical data supplied by LightPath under this Agreement will be sold or otherwise transferred to, or made available for use by or for, any entity that is engaged in the design, development, production, or use of nuclear, biological or chemical weapons or missile technology. If Customer resells or otherwise disposes of any Product or technical data purchased from LightPath, it will comply with any export restrictions applicable to such transfer. LightPath shall have no liability for delayed delivery or non-delivery resulting from denial, revocation, suspension or governmental delay in issuance, of any necessary export license or authority.

11. Intellectual Property Rights. All right, title and interest in and to any inventions, discoveries, improvements, methods, ideas, computer and other apparatus programs and related documentation, works of authorship fixed in any tangible medium of expression, mask works, or other forms of intellectual property, whether or not subject to statutory protection, which are made, created, developed, written, conceived, or first reduced to practice by LightPath solely, jointly or on its behalf, in the course of, arising out of, or as a result of work performed under a Customer order, and any related tooling set-up, fitting-up and preparation charges, whether or not invoiced, shall belong to and be the sole and exclusive property of LightPath. Customer agrees not to reverse engineer all or any portion of any Product nor allow or assist others to do so. Customer agrees not to remove, alter, erase, deface or cover over any markings on the Product or its packaging.

12. General Provisions. The validity, interpretation and performance of this Agreement shall be governed by and construed under the applicable laws of the State of Florida and the United States of America, as if performed wholly within the state and without giving effect to the principles of conflict of laws. The parties specifically disclaim the application of the United Nations Convention on Contracts for the International Sale of Goods. If litigation is commenced by either party to enforce this Agreement or any related activity, the prevailing party shall be entitled to recover its reasonable attorneys’ fees and costs, both at trial and on appeal. Waiver by LightPath of any provision of this Agreement must be in writing and shall not be deemed to be a waiver of any other provision. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the parties. In the event that any of the terms of this Agreement become or are declared unenforceable by any court of competent jurisdiction, such terms shall be null and void and shall be deemed deleted from this Agreement. All remaining terms of this Agreement shall remain in full force and effect. Neither party has the right or authority to, and shall not, assume or create any obligation of any nature whatsoever on behalf of the other party or bind the other party in any respect whatsoever. LightPath neither assumes nor authorizes any third party, person or entity to assume or accept any liability or obligation, or to make any commitment for LightPath, with regard to LightPath services or the Products. This Agreement constitutes the entire understanding between LightPath and the Customer concerning the subject matter of this Agreement, apart from existing non-disclosure agreements, and there are no understandings, agreements, representations, conditions, warranties, or other terms, express or implied, which are not contained herein. This Agreement may only be modified by a written document executed by an authorized officer of LightPath and the Customer.

LIGHTPATH TECHNOLOGIES, INC.（及子公司）

銷售條款和條件

這些銷售條款和條件（"協議"）構成您（"客戶"）與特拉華州公司LightPath Technologies， Inc.及/或其以下任一全資子公司Geltech Incorporated、Horizon Photonics，Inc.、ISP Optics Corporation、萊特巴斯光學儀器（上海）有限公司、萊特巴斯光學儀器（鎮江）有限公司（統稱為"LightPath"）之間的全部共識。除非LightPath的授權人員以書面形式明確同意，LightPath將不受客戶采購訂單的任何條款或條件的約束。只有Lightpath對客戶訂單的書面確認或 LightPath 實際開始執行客戶訂單，才視為Lightpath對客戶訂單的有效接受。LightPath對采購訂單的任何接受均明確以客戶接受本協議為條件?？蛻粢坏┙邮苋魏蜭ightPath的產品交付即被視為已接受本協議的條款。

1.產品。 "產品"是指LightPath現在或將來提供的，且在LightPath（i） 目錄或價目表中，（ii）書面建議或報價單，或（iii）銷售訂單或發票中所確定的任何產品。如果 LightPath認為有必要滿足客戶規格、更改的安全標準或政府法規，或為了使產品不侵犯任何知識產權或第三方專有利益，或以其他方式改進產品，LightPath可以在不事先通知客戶或征得客戶同意的情況下，隨時對LightPath的任何產品進行更改，此類更改的產品應被視為完全符合要求。

2.采購訂單。 客戶應通過簽發由授權代表簽署的書面采購訂單來購買產品，其中注明具體產品、數量、價格、總購買價格、運輸說明、要求的交貨日期、賬單接收地址和收貨地址、免稅證明（如適用)，以及任何其他特殊說明。除非LightPath的授權人員以書面形式明確同意，客戶訂單中包含的任何意外情況對LightPath不具有約束力。所有采購訂單均須經 LightPath明確接受?？蛻粝騆ightPath發出的每份采購訂單均受本協議的約束。為以下第5b）節所規定的取消費用，LightPath 保留多發或少發貨物的權利?？蛻舴匠姓J：為了實現客戶一攬子訂單中的交貨數量和交貨時間之目的，或者為了滿足當時的交貨期預測的目的，LightPath將須在必要的時間并按必要的數量下達具有約束力的訂單以購買原材料和/或加工材料或組件，而這些材料或組件的采購和交貨周期會導致產品的備貨周期超過承諾采購的窗口期（長交貨期材料）。此外，如果LightPath為產品報了基于數量的定價，客戶方承認：為了降低材料或組件的成本，以便將此類基于數量的定價報給到客戶，LightPath 將按照與相關基于數量所報價格水平相適應的數量對原材料和/或加工的材料或組件（批量材料采購）下達有約束力的訂單?？蛻魬鶕挛牡?5b) 節的取消規定對此類長交貨期材料和批量材料采購負責。

3.定價。 所有價格均為（i）自LightPath書面報價之日起 30 天內有效 ，（ii） Free Carrier (FCA) ，LightPath設施（運費和FCA裝運點之后的損失風險由客戶承擔）和（iii）不包括稅和其他費用（定義見下文）。貨物出售,概不退換。產品所有權應在FCA裝運點交付給承運商時從 LightPath轉移給客戶。對于預付運費或已投保的產品，LightPath將向客戶收取這些費用。任何的稅或其他費用應作為發票上的單獨行項目向客戶收取。就本協議而言，"稅"包括LightPath有責任代表任何政府機構因產品的銷售、使用或交付而收取的任何稅或其他費用，包括但不限于關稅、增值稅和預扣稅。"費用"包括所有處理或其他費用，包括但不限于保險、經紀、運輸或包裝費。

3a）定價調整。 除非LightPath報價和/或訂單確認中另有說明，否則產品基于數量的報價是基于、且取決于Lightpath收到客戶關于采購相應數量的產品的一攬子采購訂單，且這些產品的交付期不超過十二（12）個月。十二（12）個月的期限應從該采購訂單下的產品的第一個發貨之日開始起算。如果客戶未在上述十二（12）個月內收到并支付貨款的產品數量未達到上述數量，則LightPath 有權要求客戶支付以下費用： (a) 任何未獲得的折扣金額，具體基于報價單和/或訂單確認書中顯示的折扣表，按照十二（12）個月內實際交付的貨物數量計算；以及 (b) 庫存承擔費，具體基于LightPaths所有專用原材料、在制品和成品的庫存費成本按照每月百分之一點五 (1.5%) 計收。

4.付款條件。 付款條件應為交貨時付款，或者根據 LightPath 的選擇，自發貨之日起凈30天內付款（須經由LightPath 給予信用賬期批準）。 LightPath 保留要求替代付款條件的權利，包括但不限于信用證或預付款。當 LightPath 認為客戶的財務狀況或付款記錄有問題時，LightPath保留更改其信用賬期條款和/或暫停執行任何訂單的權利。所有付款均應以美元支付。如果客戶在任何時候拖欠任何發票的付款或以其他方式違反本協議，LightPath可自行決定 (i) 拒絕發貨（包括部分發貨）和/或 (ii) 要求客戶就后續的發貨預付貨款。LightPath可自行決定對所有到期未收到的款項收取每月未付金額的百分之一點五(1.5%) 或法律允許的最高費率（以較低者為準）的額外費用，一直計算至款項付清為止。此外，如果需要進行催收程序，則付款金額應包括LightPath 的催收費用，包括律師費和開支。作為 LightPath 根據本協議條款向客戶提供信用賬期的條件，客戶特此授予 LightPath 在根據本協議購買的所有產品上的持續擔保權益，以擔?？蛻舻母犊?。如果 LightPath 要求，客戶同意簽署融資情況說明或其他合理必要的文件以完善此擔保權益?？蛻舨幌碛械咒N權。

5.履約、改期發貨、取消訂單及其他。LightPath將根據客戶的合理要求安排發貨。 除非客戶的訂單明確禁止，否則 LightPath可能會分批發貨。LightPath給出或傳達給客戶的履約和發貨日期是基于產品訂購時的信息、條件和原材料貨源水平所估計的最樂觀和大致的日期。在FCA交貨點將產品轉移給承運人后，即視為產品已交付。對所訂購產品的短缺或錯誤收費的所有索賠，必須在客戶收到相關貨物后的十天內向LightPath提出。除非給出書面指示，否則應由LightPath選擇承運人。LightPath不對因延遲交付或未就延遲情況給予通知而造成的損害或罰款負責，承運人不應被視為LightPath的代理人。就任何的延遲或未能交付的情形，如果基于LightPath的單方面的意見認為相關情況致使該等履約在商業上變得不可行，或者此類未能履行是由于天災、政府當局的行為、火災、地震或其他自然災害、任何性質的勞資糾紛、供應或原材料短缺、事故、暴動或其他超出合理控制范圍或并非 LightPath過錯或可能導致LightPath產生不合理費用的原因，則LightPath不應對該等延遲或未能交付承擔任何責任。對于交貨證明的索要請求，Lightpath必須在客戶收到產品發票后的30天內收到，且須是書面形式。未能在30天期限內向LightPath發出此類書面通知應視為客戶接受發票并放棄所有短缺索賠。

5a）改期發貨。

1.) 如客戶需要更改訂單下的發貨時間，須經過Lightpath書面同意。交貨時間只能變更一次，訂單發貨日期一經變更后不可再次變更。

2.) 新的交貨日期須變更至訂單原定的交貨日的至少30天以后，否則不應變更發貨時間。且變更后的新的交貨日不應晚于或超過訂單下達之日后的12個月。

5b）取消。

1.) 事先同意的取消。只有在LightPath事先書面同意后，才能取消任何定制產品或標準產品的訂單，并需支付以下規定的取消費用。LightPath必須在距離任何此類訂單的預定發貨日期前至少三十 (30) 天以前收到客戶的取消請求。在預定發貨日期前的三十 (30) 天以內不得取消任何訂單。

2.) 取消費用和材料責任。如果(i)客戶根據上述條款內容取消訂單，或(ii)客戶未能在約定的期限內接收承諾購買的貨物，客戶應就所有取消的產品和承諾的采購向LightPath支付以下金額（不重復收?。?a) 在取消之前已經完成但尚未付款的所有產品的合同價款；(b)LightPath持有或訂購所有原材料的成本，這些原材料是LightPath為及時交付被取消的產品和/或承諾的采購而購買或訂購的；(c)為及時交付取消的產品和/或承諾的采購而納入在制品的所有原材料和所有勞動力的成本，以及在這些成本之上根據LightPath公布的利潤率而計算的利潤；(d)其他合理的取消費用，包括但不限于非重復發生的工程費用、LightPath應向其供應商支付的取消費用，以及 LightPath因此類取消而產生的任何其他費用。此外，在消化完畢之前，客戶應始終對以下事項承擔責任：(1)LightPath為滿足客戶預測或向客戶提供基于數量的定價而訂購的所有長交貨期材料和批量材料采購的成本，以及(2)為滿足客戶要求而由客戶要求保持在庫存中的任何額外產品庫存，且LightPath保留在取消產品訂單時要求客戶為此類物品付款并接收此類物品的權利。LightPath 將采取商業上合理的努力，通過將材料重新安排用于其他項目和/或將剩余材料返還給其供應商來降低取消成本。在任何情況下，客戶均不承擔超過合同價格（取決于根據第3a）條進行的任何調整）的責任。

5c）產品變更。經 LightPath 書面同意，客戶可以要求更改定制產品的規格。LightPath保留修改此類定制產品的價格或交貨日期，并向客戶收取此類更改的處理費的權利?？蛻魬诠ぷ鏖_始之前批準針對該變更請求所調整后的價格和交貨時間表。此類更改不會影響 LightPath在同意該請求時已經計劃交付的任何產品?？蛻艉蚅ightPath應共同商定實施此類更改的時間表。對產品規格、價格和交貨時間表的所有此類變更，以及實施此類變更的時間表，均應以雙方簽署的書面變更表為證?？蛻魬袚c此類變更相關的所有成本，包括但不限于受此類變更影響的所有在庫的或訂購的原材料、在制品和成品的成本，且對這些成本應開具發票收取。對于標準產品，LightPath保留對標準產品的規格、設計和/或制造工藝進行更改或改進的權利，或用其他功能等效的標準產品加以替代的權利（前提是此類更改或改進不會對產品的形式、裝配或功能產生不利影響），且對該等更改、改進或替代Lightpath無需另行通知客戶，Lightpath也沒有義務將此類更改或改進應用于先前已交付給客戶的任何產品中。

5d）所有權和損失風險。所有產品均應在LightPath的指定工廠以EXW （即工廠交貨）(按INCOTERMS 2010解釋)交付。除非雙方另有書面約定，產品交付給承運人之時為交付發生之時，同時產品的所有權從 LightPath 轉移給客戶，并且客戶從該時刻起承擔所有貨損風險。在任何情況下，LightPath均不對任何延遲交付承擔責任（前提是 LightPath 按上述規定及時將該等產品交付給承運人），或承擔與運輸有關的任何責任，承運人也不應被視為 LightPath 的代理人。

5e）檢查和驗收。產品應在合理時間內，但在任何情況下應當在收到產品之后不超過十(10)天之內，在客戶接收工廠接受檢查，以確保其符合相關的規格?？蛻魬皶r通知LightPath有缺陷或不合格的產品，并在合理可行的情況下通知缺陷的性質。如果LightPath在客戶收到該等產品后十(10)天內未收到書面缺陷或不合格通知，則應視為客戶已接受該等產品，但前提是此類視為接受不應免除LightPath在本協議項下的保修義務。如果任何產品在檢查期內被客戶適當的拒收，客戶可以將產品退回LightPath，LightPath應維修或更換任何發現有缺陷或不合格的產品，并按通過LightPath的指定設施工廠交付（EXW）方式將維修或更換的產品交付給客戶。LightPath應承擔支付與此相關的所有運費。

6.危險應用。LightPath不保證產品不存在缺陷或故障，也不保證產品適用于任何對失效安全性能有要求的產品或應用，例如核電設施的運行、空中交通管制或導航系統、消防或救援設備、武器控制系統、醫療設備（包括生命支持系統）或任何其他若發生故障則可能導致受傷、死亡、環境破壞或大規模殺傷的系統（“危險應用”）?？蛻粲胸熑未_定產品是否適合在特定的危險應用中使用，且有責任在產品如此使用時提供對產品容錯的設計實施。對于客戶將產品用于任何危險應用且因所聲稱的產品缺陷或故障所導致人身傷亡或財產損失而引起的第三方索賠，無論該等產品是否確實是有缺陷的，也無論產品是否滿足了Lightpath的質量保證或在其本協議下的其他義務，客戶均應為Lightpath進行辯護，對Lightpath所受的損失進行賠償，并保證Lightpath不因該等索賠受損，。

7.有限保修。盡管本協議或其他地方有任何相反的規定，對于LightPath制造和銷售給客戶的任何產品，LightPath對客戶的唯一和排他性義務是(i)維修退回的產品或(ii) 提供更換產品，具體由LightPath自行決定，但相關產品必須是根據RMA程序（定義如下）退回給LightPath的，并且 根據LightPath的合理判斷，該產品在其原發貨日期后的30天或之前已被認定在工藝、材料方面存在缺陷或不符合雙方同意的書面的相關規格要求，并已經事實上無法正常使用。所有實驗產品、原型產品或用于現場試驗或資格測試的產品均不提供保修。 LightPath 銷售的所有第三方產品（包括軟件）僅提供適用于客戶的原始制造商保修。僅在相關第三方明確授權的情況下，LightPath 才會接受第三方制造的產品的維修、更換或保修服務。在保修期內維修或更換的任何產品僅在產品原始保修期內的剩余時間內提供保修。 LightPath 有權自行選擇為任何缺陷產品簽發退貨憑證以代替對該產品的維修或更換。本保修涵蓋經證明有缺陷且在正常使用中失效的產品，但不包括被意外損壞、拆卸、修改、誤用、在超出產品規格或額定值的應用或不符合其設計意圖的應用中使用的、或被忽視、不當安裝或以其他方式濫用或用于危險活動的產品（或其部件）?？蛻舯仨氃诎l現聲稱的缺陷后不超過30 個日歷日內以書面形式根據本保修提出索賠?？蛻舯仨氉孕懈鶕颈Ｐ尢岢鏊兴髻r，Lightpath不接受任何第三方的索賠。

8.RMA 程序。 LightPath 將僅接受根據 LightPath 退回材料授權 (“RMA”) 流程退回并根據 RMA 運輸和包裝說明運輸的產品。未能遵守 RMA 運輸和包裝說明將導致產品保修無效?？蛻魬谕嘶厝魏萎a品之前從 LightPath 獲得一個 RMA 編號，并將預付運費和保險的產品退回到 LightPath的FCA 點。 LightPath 將為每個零件編號指定一個 RMA 編號。未被適用的 RMA 編號涵蓋的任何部件編號將立即退還給客戶，費用由客戶承擔。RMA 必須附有任何和所有測試打印輸出、照片、顯微照片以及任何其他結果或客戶進行的鑒定，據此客戶認為在工藝、材料上存在缺陷或不符合雙方同意的書面的相關規格要求，且自該產品原裝運之日起的30 天或之前該產品在正常使用情況下失效。任何已退回 LightPath 但被發現符合產品適用規格且工藝和材料無缺陷的產品，客戶均應支付 LightPath 的常規和慣常的人工、材料和管理費用。如果任何退回的產品沒有附帶對所聲稱的缺陷的詳細說明，LightPath 將不會檢查該產品，而會將其退回給客戶，費用由客戶承擔。維修產品的保修期為自維修之日起標準保修期的剩余期限。 LightPath 有權僅測試退回產品的代表性樣品并根據該樣品對整個請求的數量給予退貨授權?；蛘?，LightPath 可全權酌情決定將退回的產品進行部分的更換，或將全部或整個產品更換為符合原產品規格的新產品。

9.責任限制。除本協議中規定的特定保證外，Lightpath不向客戶或任何第三方提供任何明示、暗示、口頭或法定的保證、條件或陳述，包括但不限于對下述方面的任何保證、條件或陳述：(a)適銷性、特定用途的適用性、令人滿意的質量，或源自交易慣例、使用或貿易做法的任何保證、條件或陳述； (b) 產品不會侵犯或違反第三方的任何權利，包括知識產權。即使本協議明示的保證未能達到其主要目的，本免責聲明和排除條款仍然適用?？蛻舻奈ㄒ缓团潘匝a救措施以及 LightPath 的唯一和排他的責任均明確限于本協議的條款。 LightPath 不對客戶或任何第三方承擔任何其他特殊的、間接的、附帶的、懲戒性的、懲罰性的或間接的成本或損害承擔任何責任，該等成本或損害包括但不限于訴訟成本、安裝和拆除成本、數據丟失、因使用產品或產品故障所致的損害、生產、利潤或收入或替代產品的成本，無論由何種原因引起，也無論訴訟的形式如何，無論是合同、侵權（包括過失）、嚴格責任或其他，即使事先告知此類費用或損害的可能性。就本條款而言，LightPath包括 LightPath 的董事、管理人員、員工、代理、代表、分包商和供應商。在任何情況下，LightPath、其員工、管理人員、代理和董事的集體累積責任總額均不得超過在最近一次索賠日期之前的十二個月期間內為導致該等責任的產品所支付給 LightPath 的金額。

10.出口限制。客戶應獲取任何政府要求的所有執照、許可和批準，并應遵守適用政府和其他相關機構的所有適用法律、規則、政策和程序。對于客戶違反或涉嫌違反此類法律、規則、政策或程序的任何行為，客戶將賠償 LightPath 并使 LightPath 免受損害?？蛻舨坏弥苯踊蜷g接、單獨或作為任何系統的一部分傳輸、出口或再出口從 LightPath 收到的產品或任何技術數據（包括流程和服務），除非事先獲得相關政府的許可，包括但不限于美國政府和/或任何其他相關當局?？蛻暨€應保證，LightPath 根據本協議提供的任何產品或技術數據均不會出售或以其他方式轉讓給任何從事核、生物或化學武器或導彈技術設計、開發、生產或使用的實體，或提供上述產品或技術數據讓這些實體使用，或為這些實體的利益使用。如果客戶轉售或以其他方式處置從 LightPath 購買的任何產品或技術數據，它將遵守適用于此類轉讓的任何出口限制。對于因拒絕、撤銷、暫?；蛘舆t簽發任何必要的出口許可證或授權而導致的延遲交付或不交付，LightPath 不承擔任何責任。

11.知識產權。LightPath在根據客戶訂單，以及任何相關的工裝設置、裝配和準備工作收費（無論是否開具發票）項下開展工作的過程中，或由于這些工作，或作為這些工作的結果，而單獨、共同或以其名義制作、創造、開發、撰寫、構思或首次付諸實踐的，固定于任何有形表達介質、掩膜作品或以其他形式的智慧財產體現的任何發明、發現、改進、方法、想法、計算機和其他設備程序和相關文檔、原創著述的所有權利、所有權和利益，無論是否受到法定的保護，均屬于 LightPath 的獨家和專有的財產?？蛻敉獠粚θ魏萎a品的全部或任何部分進行反向工程，也不會允許或協助他人這樣做?？蛻敉獠灰瞥?、更改、擦除、污損或覆蓋產品或其包裝上的任何標記。

12.一般規定。本協議的有效性、解釋和履行應受佛羅里達州和美利堅合眾國的適用法律管轄和解釋，如同該協議完全在佛州履行，但并不適用其沖突法。雙方明確否認適用《聯合國國際貨物銷售合同公約》。如果任何一方為執行本協議而提起訴訟或進行任何相關活動，勝訴方在審判階段和上訴階段均有權追回其合理的律師費和成本。 LightPath 對本協議任何條款的棄權必須以書面形式提出，且不得視為是對任何其他條款的棄權。本協議對雙方的繼承人和受讓人具有約束力且他們可以繼受本協議的利益。如果本協議的任何條款成為或被任何有管轄權的法院宣布不可執行，則該等條款將無效，并應被視為從本協議中刪除。本協議的所有其他條款應保持完全有效。任何一方均無權也不得代表另一方承擔或產生任何性質的任何義務，或在任何方面約束另一方。關于LightPath的服務或產品， LightPath 既不承擔也不授權任何第三方、個人或實體承擔或接受任何責任或義務，或替 LightPath 作出任何承諾。除現有的保密協議外，本協議構成 LightPath 與客戶之間關于本協議所涉事項的全部共識，且雙方之間不存在本協議所未包含的任何明示或暗示的理解、協議、陳述、條件、保證或其他條款。本協議只能通過LightPath的授權人員和客戶簽署的書面文件進行修改。