2010-040 RES ACCEPTANCE OF BID AND AWARDING CONTRACT FOR THE PURCHASE OF A GIFT REMOVAL SYSTEM TO SMITH & LOVELESS

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Quotation Date: 3/8/2010 InquirY Number: 10405 Page 3 of 5 Pricing is firm for 60 days from bid date. Two days supervision of initial operation, start-up and operator training is included. If additional days are required, Seller will furnish a factory-trained supervisor for $900 per day including travel time plus actual travel expenses. With continuing approval of the Smith & Loveless Credit Department, payment terms are 100% Net 30 days from date of shipment, or at time of start-up, whichever occurs first. Seller to send Submittai Data for approval 6 weeks after receipt of complete detaiis at Seller's factory. Manufacturing completion is estimated 14 weeks after receipt in Seller's office oed p a~d ~serted into Submittal Data and/or after ail notations or comments have been clarified, app the manufacturing documents by the Seller. Variations in the time Submittal Data is returned to Seller and/or Submittal Data marked approved but which contain contingencies or variations may impact the completion time of the equipment. ADDITIONAL TERMS AND CONDITIONS 1. GENERAL A. Buyer's execution of this Agreement constitutes Buyer's offer to purchase, on the terms and conditions set forth herein, the equipment described in this agreement, and such offer is irrevocable for thirty (30) days after Buyer executes and delivers to Seller this Agreement together with all necessary engineering data and information. Prices are firm for sixty (60) days after the bid date provided a firm order is received at the factory within that time period and provided approved Submittai Data is received at the factory within forty-five (45) days from the date submittais are forwarded from the factory. In the event firm orders and Submittal Data are not received by Seller within the times set forth above, then price and delivery estimates may change due to changes in the costs of material and labor and/or factory capacity at the time when the firm orders or approved Submittal Data is received by Seller. Seller reserve~ffhe right to amend this Sales Agreement if not signed and returned within sixty (60) days from the quotation date. In the event we are unable to ship within estimated period for reasons beyond our control, inciuding a request by the Buyer to defer shipment, the prices are subject to adjustment to those prevailing at the time of shipment, but will not exceed 1-1/2% per month. B. TNIS AGREEMENT IS NOT BINDING ON SELLER UNLESS SIGNED ON SELLER'S BEHALF BY AN OFFICER OR MANAGER OF SELLER. rior a reement, C. This Agreement constitutes the entire contract between the parties with respect to said equipment (any p g representation, covenant or warranty, written or oral, being superseded hereby) and may not be amended or modifed except by a written instrument duly executed by both parties, the provisions of any purchase order or other document submitted by or on behaif of Buyer to the contrary notwithstanding. D. A!I notices hereunder are to be in writing and mailed postage prepaid to the party being notified at the address indicated in this agreement or at such other address as may be designated in writing. E. Remedies provided for herein are cumulative and are in addition to ali other remedies as may be available at law or in equity. F. This Agreement is governed by and subject to the laws cf the Sta#e of Kar,sas and the Buyer by executing this agreement agrees to submit to the Jurisdiction of the State of Kansas and the venue for any disputes between the parties will be in the District Court of Johnson County, Kansas, or the Federal District Court of Kansas. 2. NOTICE TO PROCEED- Return to Seller of approved Submittal Data or notification to Seller that the submission of submittais wili be waived, constitutes notice to Seller to proceed with manufacture. In the event Seller does not receive approved Submittal Data within forty- five (45) days aftpr Sellees submission of submittai data for approval, then Seller reserves the right to amend price and delivery of the equipment being sold. Final approved Submittal Data means approval by Buyer (or Buyer's representative) of Seller's Submittal Data and/or after all notations or comments have been clarified, approved and inserted into Sellers manufacturing documents at which point Sellers estimated completion schedule commences. Variations in the time Submittal Data is returned to Seller and/or Submittal Data marked approved but which contain contingencies or variations may impact the completion time of the equipment. Seller agrees to furnish only the equipment included in Seller's quotation and/or as described and modified in the Submittal Data. Approval of the Submittal the pr cre' a dlydelv ery of the equ pmenope of the Data constitutes a{ice po an pfacturenthen Selle9 reserves therr ghdt to therein. equipment after no poceed to man elive otherw 3. EXCUSED FO d^ue o any Seller beyonidbSe ler'sncontrolr ncl deng buP not I mited toeany Act of Godctward, civ I di tu ban eiseo{f such failure o delay labor difficulty, factory capacity, fire, other casualty, accident or supplier's failure or inability to pe orm. r's to deem ts Iginsec~re I Sele rymay w th~draw the exten'seon 4. CREDfT APPROVAL- credith or finanic alrstandingl is irrmpaired as t subject SelleCs sole judgment, Buye of credit and require other payment terms. 7