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<br />SUMMIT COMPANIES PROPOSAL AND CONTRACT GENERAL CONDITIONS
<br />These General Conditions are attached to and made a part of the Summit Proposal and Contract to which they are attached (collectively, the
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<br />1.Payment. Owner agrees to pay the Contract Price for the Project as and when required in the Contract. If Owner fails to pay the Contract Price,
<br />or any installment thereof, within ten (10) days after the date the same is due and payable, Owner shall automatically be assessed and shall pay a
<br />late charge equivalent to three percent (3%) of the amount of such late payment, together with interest on such late payment at the lower of the
<br />maximum rate allowed by applicable law or the rate of eighteen percent (18%) per annum.
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<br />2.Changes. Except for substitutions, as described below in this paragraph, any alteration or modification to the Project must be documented and
<br />approved by Summit and Owner by a written change order signed by Summit and Owner. Summit reserves the right to require Owner to pay for
<br />all change order items (labor, equipment and any other materials) at the time of signing the change order. In the event of discontinuations,
<br />changes or the unavailability of specific equipment or materials described in the Specifications, Summit will have the right to substitute
<br />equipment and materials with substantially similar quality and features; provided, however, that if the replacement items are more expensive,
<br />then Summit shall notify Owner and Owner may elect whether to pay the additional expense (as an increase to the Contract Price) or to modify
<br />the Proposal to include less expensive items, if available, that would not increase the Contract Price.
<br />3.Limited Warranty. All materials and labor supplied by Summit will be warranted for one (1) year from the date of completion of the Project.
<br />Upon request, Summit will supply a signed warranty letter to Owner, which states the completion date of the Project and the warranty
<br />warranty on such equipment.
<br />enforcement of
<br /> requested by Owner of Summit in connection with
<br />d fees and
<br />charges at the time. No other express or implied warranties are made b
<br />abuse or any use that is not in conformity with all applicable specifications and instructions. Except as specifically set forth in this Contract,
<br />Summit, and/or its agents and representatives makes no warranty or representation, express or implied, with respect to use, construction
<br />standards, workmanship, materials, merchantability or fitness for a particular purpose.
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<br />4.Taxes. Any taxes or other governmental charges related to the Project shall be paid by Owner to Summit and shall be in addition to the Contract
<br />Price. In addition, if any fees or permits (such as one or more building permits) are required in connection with the Project, Owner shall secure
<br />and pay for any such fees and permits, the cost of which shall be in addition to the Contract Price
<br />5.Unavoidable Delays. To the extent any time period for performance by Summit applies, Summit shall not be responsible for any delays due to
<br />federal, state or municipal actions or regulations, strikes or other labor shortages, equipment or other materials delays or shortages, acts or
<br />omissions of Owner, or any other events or causes beyond the control of Summit.
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<br />6.Access. Owner shall allow Summit to have reasonable access to the job site to allow the completion of the Project on the dates and at the times
<br />requested by Summit personnel.
<br />7.Risk of Loss. Risk of loss shall pass to Owner at the time the equipment and other materials that are part of the Project are delivered to the job
<br />site. This means that, for example, in the event of damage or destruction due to casualty, or in the event of theft, Owner shall be responsible for
<br />payment for such equipment and materials even if the Project has not been completed. Title to the equipment and other materials shall be held
<br />by Summit until payment in full of the Contract Price, at which time title shall pass to Owner. Summit shall have the right to remove the
<br />equipment and other materials that are a part of the Project if payment of the full Contract Price is not made by Owner immediately upon
<br />completion of the Project. That right shall be in addition to, and not in limitation of, Summit other rights and remedies.
<br />8.MECHANIC LIEN NOTICE. YOU ARE ENTITLED UNDER MINNESOTA LAW TO THE FOLLOWING NOTICE:
<br />(a) ANY PERSON OR COMPANY SUPPLYING LABOR OR MATERIALS FOR THIS IMPROVEMENT TO YOUR
<br />PROPERTY MAY FILE A LIEN AGAINST YOUR PROPERTY IF THAT PERSON OR COMPANY IS NOT PAID FOR
<br />THEIR CONTRIBUTIONS.
<br />(b)UNDER MINNESOTA LAW, YOU HAVE THE RIGHT TO PAY PERSONS WHO SUPPLIED LABOR OR
<br />MATERIALS FOR THIS IMPROVEMENT DIRECTLY AND DEDUCT THIS AMOUNT FROM OUR CONTRACT
<br />PRICE, OR WITHHOLD THE AMOUNTS DUE THEM FROM US UNTIL 120 DAYS AFTER COMPLETION OF
<br />THE IMPROVEMENT UNLESS WE GIVE YOU A LIEN WAIVER SIGNED BY PERSONS WHO SUPPLIED ANY
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<br />9.Limitation of Liability and Remedies. The Project is not an insurance policy or a substitute for an insurance policy. In the event of any breach,
<br />default or negligence by Summit under this Contract, Owner agrees that the maximum liability of Summit shall not exceed an amount equal to
<br />the Contract Price. Owner expressly waives any right to make any claim in excess of that amount. Further, Owner waives any right to any
<br />claims for punitive, exemplary or consequential damages. Owner shall provide Summit with reasonable notice of any claim and a reasonable
<br />opportunity to cure the alleged breach or default. Owner shall indemnify, defend and hold Summit harmless from and against claims, actions,
<br />costs and expenses, including reasonable legal fees and costs, arising out of any injury, death or damage occurring on or about the job site unless
<br />caused by the gross negligence or willful misconduct of Summit.
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