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• (1)Pierce Impel Pumper with TAK4 per bid#567,dated 02/27/2015. See attached Proposal <br /> Options List. <br /> Payment terms— 100%of contract price or any balance is due upon customer pick up at the Pierce <br /> Manufacturing Plant. Net due with contract for prepay discount to be applicable. <br /> Federal,State,and Local Taxes(if applicable)are not included in the contract price. <br /> Performance Bond: <br /> Please add$1,366.00 to contract price if Performance Bond is required. <br /> Initial here to accept: <br /> 100%Prepayment Option: <br /> If 100%prepayment is made with contract,deduct$15,432.00 from contract price. Amount due <br /> with contract is $439,939.77 OR$441,305.77 with Performance Bond. <br /> Initial here to accept: <br /> If more than one piece of apparatus is covered by this contract,the above terms of payment shall <br /> apply to each piece,and an invoice covering each piece shall be rendered in the proper amount. <br /> Seventh.In case the second party desires to test the apparatus,such test shall be made <br /> within ten(10) days after arrival at destination,and a written report of such test forthwith delivered <br /> to the first party at its principal office at Appleton,Wisconsin. If no such test be made,or if no such <br /> report be made by the second party within ten(10)days after arrival,then said apparatus and <br /> equipment shall be considered as fully complying with contract specifications. <br /> Eighth.It is agreed that the Manufacturer's Statement of Origin("MSO")for the apparatus <br /> and equipment covered by this contract shall remain in the possession of the first party until the <br /> • entire contract price has been paid,but if more than one piece of apparatus is covered by this <br /> contract,then the MSO for each piece shall remain in the possession of the first party until the <br /> above listed price for such piece has been paid in full,and,in case of any default in payment,the <br /> first party may take full possession of the apparatus and equipment,or of the piece or pieces upon <br /> which default has been made,and any payments that have been made shall be applied as payment <br /> for the use of the apparatus and equipment up to date of taking possession. <br /> Ninth.This contract to be binding must be signed and approved by an officer of Pierce <br /> Manufacturing Inc.,or someone authorized by it to do so.This contract and specifications take <br /> precedence over all previous negotiations and no representations are considered as entering into <br /> this contract except as are contained herein or in the specifications attached hereto.This contract <br /> cannot be altered or modified except by mutual agreement signed by the parties. <br /> IN WITNESS WHEREOF,the said parties have caused these presents to be executed and <br /> the second party has caused its seal to be affixed, and attested by its authorized representatives on <br /> this day of , <br /> PIERCE MANUFACTURING INC.: CUS ER: <br /> By By (Seal) <br /> Date of Acceptance <br /> Rev August 3,2006 CRH <br /> 74 <br />