Exclusive Limited Warranty

PAYMENT REQUIRED: This Exclusive Limited Warranty will become effective and binding only upon timely receipt of payment in full to Savage Range Systems, Inc. ("SRS") for all amounts agreed to be paid to SRS for all services, or goods received or to be received, and will last for a period of one year from installation or delivery. Upon this Exclusive Limited Warranty becoming effective as set forth herein, SRS warrants that materials, equipment, goods, or services provided under this contract shall remain free from defects for a period of one (1) year. If within said 1-year period, SRS determines that a defect exists, then SRS will, at no charge to the customer, repair or replace materials and/or perform services so as to correct any defect covered under this warranty. Any claim made or submitted under this warranty must be issued or confirmed via a written notice received by SRS prior to the expiration of the 1-year period from the date of delivery or commissioning of the equipment. In the event warranty service, repair or replacement is requested, claimant shall (1) timely deliver written notice to SRS within the warranty period; (2) maintain a receipt of delivery of such timely notice; (3) fully cooperate with providing complete information necessary or as requested by SRS; and, (4) Upon request by SRS, provide access upon the premises as necessary to enable to SRS or its agent(s), to inspect, investigate or service the equipment.

SRS's obligations, and customer rights under this warranty, shall become null and void should customer fail to comply as set forth above or should the defect occur as the result of customer's failure to maintain the equipment as recommended herein. Additionally, this warranty shall become null and void upon misuse, abuse, usage of weapons or ammunition or procedures which exceed or differ from the specifications and parameters set forth in SRS product manuals, failure to timely deliver payment, or failure to timely provide written notice to SRS of a claim for warranty service, repair, or replacement, failure to take appropriate action under the circumstances so as to mitigate the damages or potential damages or injury. SRS accepts no liability for, and hereby specifically disclaims any direct, indirect, incidental, consequential or other damages incurred by the customer as a result of use or ownership of the equipment covered hereunder. The remedies detailed in this warranty shall represent SRS's sole and exclusive obligation and the customer's sole and exclusive rights under this warranty. No other warranties expressed or implied, INCLUDING BUT NOT LIMITED TO WARRANTY FOR FITNESS FOR A PARTICULAR PURPOSE OR WARRANTY OF MERCHANTABILITY shall apply to this contract, or the goods or services sold, performed or delivered.

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