|DATE LAST MODIFIED: September 06, 2010|
Please read this Agreement carefully. Even if you fail to accept this Agreement as described above, by accessing the Web site and any pages thereof, you agree to be bound by the terms and conditions below. If you do not agree to these terms and conditions or anything contained in this Agreement, do not access or otherwise use the Web site.
|CHANGES TO SERVICES, AGREEMENT AND/OR WEB SITE|
|Got Machinery may amend any part of this Agreement at any time, and the amended terms will be effective 10 days after initial posting at the Web site. In addition, Got Machinery may, without prior notice, add, delete or modify some or all of the Services and/or content available on the Web site at any time in its sole discretion. Further, Got Machinery may discontinue disseminating any portion of information or category of information, may change or eliminate any transmission method and may change transmission speeds or other signal characteristics. IF ANY OF THESE RULES OR ANY FUTURE CHANGES ARE UNACCEPTABLE TO YOU, YOU SHOULD IMMEDIATELY DISCONTINUE USE OF THE SERVICES AND WEB SITE. YOUR CONTINUED USE OF THE SERVICES OR WEB SITE NOW, OR FOLLOWING THE POSTING OF ANY CHANGES IN THIS AGREEMENT, WILL INDICATE ACCEPTANCE BY YOU OF SUCH RULES, CHANGES AND/OR MODIFICATIONS. You should review this Agreement periodically to ensure you become aware of changes which are made to this Agreement by Got Machinery from time to time.|
|SERVICES AND PARTIES|
|The Services are described within various pages of the Web site. You should review these pages to gain a better understanding of the Services and the goals behind the Web site. At a general level, Got Machinery serves as a resource to learn about the machine tool industry and as an online directory to list machines, tooling and related items and services for sale. In addition, Got Machinery has entered into various arrangements with third parties to offer other products and services at the Web site, including, without limitation, financing, lubricants and metals.|
Got Machinery is not a manufacturer, retailer or re-seller with respect to machinery, equipment or any other products or services listed on the Web site. Rather, Got Machinery is merely an online resource for buyers and sellers of these goods and services to locate one another. Got Machinery does not endorse or recommend the products or services of any particular company or manufacturer. Got Machinery is not your agent, nor is Got Machinery an agent for any of the companies which list products and/or services at the Web site. Got Machinery' services are administrative only. Got Machinery, in this regard, is providing nothing more than a listing service where such products and/or services can be purchased directly from such third party vendors or resellers, and Got Machinery shall not be liable in any way for the condition of any such product, the performance of any such service or any other action taken by any of these third party vendors. You agree that Got Machinery shall not be liable for any damages or costs of any type arising out of or in any way connected with your purchase and/or use of any machine, tooling, equipment or other item or service at the Web site.
More specifically, Got Machinery provides the Services and the Web site so that sellers may offer assets for sale and buyers may place offers to purchase these assets directly with the seller. As such, Got Machinery is neither a principal interested in the transactions, nor an agent of buyer or seller. Got Machinery does not have the power to transfer title to any assets offered by sellers at the Web site. Because Got Machinery is not a party to any transaction, Got Machinery does not make, and should not be construed as having made, any representation or warranty of any kind concerning any of the offered assets, including without limitation any representation or warranty regarding the quality, safety or legality of the offered assets, or the truth or accuracy of any offerings. Additionally, Got Machinery makes no representation or warranty of any kind as to the willingness or ability of either a buyer or seller to complete a sale. Buyers and sellers are solely responsible for independently verifying the background and credit-worthiness of those parties with whom they enter into, or with whom they prospectively will enter into, a transaction, as well as the condition or any description of an asset involved in a prospective transaction.
to your release above, in the event of any controversy or dispute regarding any transaction conducted through use of the Services or the Web site (a "Dispute"), you hereby release Got Machinery, its affiliates and subsidiaries, and their respective directors, officers, employees, agents, shareholders, co-branders, partners, successors and assigns (the "Released Parties"), and each of the foregoing, from any and all manner of action, claim or cause of action or suit, at law or in equity, and from any and all losses, damages, costs or expenses, including without limitation court costs and attorneys' fees, which you may have against the Released Parties, or any of them, known or unknown, disclosed or undisclosed, which arise out of or relate in any way to a Dispute. If you are a California resident, you hereby waive your rights under Section 1542 of the California Civil Code, which states: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."
Got Machinery expressly reserves the right to discontinue, suspend or terminate the offering of one or all of its services at any time.
|Fees charged for the various products and/or services offered at the Web site, including fees for listing machines, company directories, manufacturing services, auctions & advertising are set forth in various locations throughout the Web site or in a separate document. In consideration for providing the Services, you agree to pay all such fees which are due and owing on account of the selections you have made at the Web site or through a Got Machinery representative (collectively, the "Fee"). Fees are payable as set forth in the applicable portion of the Web site, and you hereby agree to pay all costs and expenses incurred by Got Machinery (including attorneys' fees) in collecting past due Fees. In addition, past due Fees shall accrue interest at the lesser of 15% per annum or the maximum rate allowed by law. By checking the "I Accept" box at the end of this Agreement or otherwise using any Services, you hereby agree to pay all Fees due and owing to Got Machinery (and, if applicable, authorize Got Machinery to charge the credit card you have on file with Got Machinery for all Fees due and owing hereunder). All fees described herein (including, without limitation, the Fees) are non-refundable.|
|OTHER THIRD PARTY SERVICES|
|In addition to the Services described above, you may be able to search for information and additional service providers in various portions of the Web site. All content and data included in any such section has been provided to Got Machinery by a third party, and Got Machinery does not guarantee the accuracy of any listing generated by your search. Such service is offered by Got Machinery for informational purposes only, and Got Machinery shall not be liable to you or any third party on account of any information posted or displayed in connection with this service.|
|DISCLAIMERS AND LIMITATIONS|
|Got Machinery intends that the information contained in the Web site be accurate and reliable; however, errors sometimes occur. In addition, changes and improvements to the information provided herein or on the Web site may be made by Got Machinery at any time. THE WEB SITE AND THE INFORMATION, SOFTWARE, PRODUCTS AND ASSOCIATED WITH IT ARE PROVIDED "AS IS, WHERE IS AND AS AVAILABLE." Got Machinery DISCLAIMS ANY WARRANTY OF ANY KIND, WHETHER EXPRESS OR IMPLIED, AS TO ANY MATTER WHATSOEVER RELATING TO THE WEB SITE AND ANY INFORMATION, SOFTWARE, PRODUCTS AND SERVICES PROVIDED WITHIN THE WEB SITE, INCLUDING WITHOUT LIMITATION (I) THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NONINFRINGEMENT, AND (II) AS TO THE RESULTS THAT MAY BE OBTAINED BY USE OF THE WEB SITE OR ANY OF Got Machinerys' SERVICES OR PRODUCTS PURCHASED THROUGH THE WEB SITE. USE OF THE WEB SITE AND/OR Got Machinerys' SERVICES IS AT YOUR OWN RISK. Got Machinery IS NOT LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES OR OTHER INJURY ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF THE WEB SITE AND/OR Got Machinery SERVICES OR WITH THE DELAY OR INABILITY TO USE THE WEB SITE, OR FOR ANY INFORMATION, SOFTWARE, PRODUCTS AND SERVICES OBTAINED THROUGH THE WEB SITE, OR OTHERWISE ARISING OUT OF THE USE OF THE WEB SITE, WHETHER RESULTING IN WHOLE OR IN PART, FROM BREACH OF CONTRACT, TORTIOUS BEHAVIOR, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE, EVEN IF Got Machinery AND/OR ITS SUPPLIERS HAD BEEN ADVISED OF THE POSSIBILITY OF DAMAGES. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU. In all events, the aggregate liability of Got Machinery for any reason and upon any cause of action, whether in contract, tort or otherwise, shall not exceed the amount of fees paid by YOU TO Got Machinery VIA THE WEB SITE.|
|UNAVAILABILITY OF SERVICE OR WEB SITE|
|You are responsible, at your sole cost and expense, for providing all equipment necessary to access the Internet, the Web site and/or the Services. While it is Got Machinery' objective to make the Web site accessible 24 hours per day, 7 days per week, the Web site may be unavailable from time to time for any reason including, without limitation, routine maintenance. You understand and acknowledge that due to circumstances both within and outside of the control of Got Machinery, access to the Web site and/or Services may be interrupted, suspended or terminated from time to time. YOU AGREE THAT Got Machinery SHALL NOT BE LIABLE FOR ANY DAMAGES ARISING FROM ANY SUCH INTERRUPTION, SUSPENSION OR TERMINATION OF THE WEB SITE AND/OR SERVICE AND THAT YOU SHALL PUT IN PLACE CONTINGENCY PLANS TO ACCOUNT FOR SUCH PERIODIC INTERRUPTIONS OR SUSPENSIONS OF THE WEB SITE AND/OR SERVICE.|
|As a condition of use of the Web site and/or the Services, you agree to indemnify Got Machinery from and against any and all liabilities, expenses (including attorneys' fees) and damages arising out of claims resulting from your use of the Web site or any of the Services, including without limitation any claims alleging facts that if true would constitute a breach by you of this Agreement.|
|LINKS TO THIRD PARTIES|
|The Web site may contain links to web sites maintained by third parties. Such links are provided for your convenience and reference only. Got Machinery does not operate or control in any respect any information, software, products or services available on such web sites. Got Machinery' inclusion of a link to a web site does not imply any endorsement of those services or the web site, its contents or its sponsoring organization.|
|ERRORS AND DELAYS|
|Got Machinery is not responsible for any errors or delays in responding to an inquiry or RFQ or otherwise processing information submitted by you at the Web site, including, without limitation, those caused by (i) an incorrect e-mail address or telephone number provided by you, (ii) the failure of a third party to timely respond to any such inquiry or RFQ, or (iii) technical problems.|
|Any claim or controversy arising out of or relating to the use of the Web site, to the services provided by Got Machinery, or to any acts or omissions for which you may contend Got Machinery is liable, including but not limited to any claim or controversy as to arbitrability ("Dispute"), shall be finally, and exclusively, settled by arbitration. The arbitration shall be held before one arbitrator under the commercial arbitration rules of JAMS in force at that time. The arbitration shall be venued in Wayne County, Michigan. The arbitrator shall be selected pursuant to the JAMS rules. Should no JAMS rule regarding the selection of an arbitrator be in effect, you shall select an arbitrator from a panel of arbitrators acceptable to Got Machinery. The costs of arbitration shall be paid by the non-prevailing party.|
Any judgment upon the award rendered by the arbitrators may be entered in any court of competent jurisdiction in Wayne County, Michigan. The arbitrator shall not have the power to award damages in connection with any Dispute in excess of actual compensatory damages and shall not multiply actual damages or award consequential, punitive or exemplary damages, and each party irrevocably waives any claim thereto. The agreement to arbitrate shall not be construed as an agreement to the joinder or consolidation of an arbitration under this Agreement with an arbitration of disputes or claims of any non-party, regardless of the nature of the issues or disputes involved.
THIS AGREEMENT PROVIDES THAT ALL DISPUTES BETWEEN YOU AND Got Machinery WILL BE RESOLVED BY BINDING ARBITRATION. YOU THUS GIVE UP YOUR RIGHT TO GO TO COURT TO ASSERT OR DEFEND YOUR RIGHTS. YOU ALSO GIVE UP YOUR RIGHT TO PARTICIPATE IN OR BRING CLASS ACTIONS. YOUR RIGHTS WILL BE DETERMINED BY NEUTRAL ARBITRATORS AND NOT A JUDGE OR JURY. You are entitled to a fair hearing, but the arbitration procedures are simpler and more limited than rules applicable in court. Arbitrator decisions are enforceable and are subject to very limited review by a court. By using the Services or accessing the Web site, you consent to these restrictions.
Should a Dispute arise and should the arbitration provisions herein become inapplicable or unenforceable, or in any instance of any lawsuit between you and Got Machinery, the parties agree that jurisdiction over and venue of any suit shall be exclusively in the state and federal courts sitting in Wayne County, Michigan. If either party employs attorneys to enforce any right in connection with any Dispute or lawsuit the prevailing party shall be entitled to recover reasonable attorneys' fees from the non-prevailing party.
|RESTRICTIONS MANDATED BY LAW|
|Got Machinery does not permit access to the Web site to certain entities, individuals or groups which are restricted by the United States Office of Foreign Asset Control ("OFAC"), the United States Department of Treasury, the United States Department of Commerce and/or various applicable Federal laws. To this end, no person or entity which is on the Specially Designated Nationals and Blocked Persons list, as it may be updated from time to time by OFAC or other governmental units, is permitted to register with Got Machinery or otherwise use the Web site for any purpose. In addition, (i) no person or entity deemed to be a Foreign Terrorist Organization may register with Got Machinery or otherwise use the Web site for any purpose, (ii) no person, business, entity or group included in any OFAC embargo list, as any such list may be updated from time to time, is permitted to register with Got Machinery or otherwise use the Web site for any purposes - such countries may include, without limitation, Cuba, Cote d'Ivoire, Iran, Iraq, Libya, North Korea, Sudan, Liberia, Zimbabwe, Sierra Leone, the UNITA faction in Angola, Syria and Burma [Myanmar]). It is the responsibility of each registered user of the Web site and each other visitor to the Web site to comply with the restrictions set forth above and any other restrictions applicable to exports, imports, terrorism, embargoes, machine tools or capital equipment generally. Got Machinery shall not be liable for any expenses, costs, damages or liabilities arising out of any registered user's or Web site visitor's failure to abide by any such restriction.|
|You agree that Got Machinery may immediately terminate your account and access to the Services. Cause for such termination shall include, but not be limited to, (a) breaches or violations of any agreements with Got Machinery or guidelines posted by Got Machinery, (b) requests by law enforcement or other government agencies, (c) a request by you (self-initiated account deletions), (d) discontinuance or material modification to the Services (or any part thereof), (e) unexpected technical or security issues or problems, (f) extended periods of inactivity, (g) you have engaged in fraudulent or illegal activities, and/or (h) nonpayment of any fees owed by you in connection with the Services. Termination of your Got Machinery account includes (x) removal of access to all offerings within the Services, and (y) barring further use of the Services. Further, you agree that all terminations shall be made in Got Machinery' sole discretion and that Got Machinery shall not be liable to you or any third-party for any termination of your account or access to the Services. Once any listing is created there are no refunds provided for the ad or any other services. The user can cancel any service and it will be removed, but the user will be required to pay for the remainder of that month’s listing.|
PLEASE PRINT AND RETAIN A COPY OF THIS AGREEMENT FOR YOUR RECORDS.