29. INSPECTION AND ACCEPTANCE  
 
Promptly upon the receipt of a shipment of Products, Distributor shall examine the shipment to determine 
whether any item or items included in the shipment are in short supply, defective or damaged. Within 
[NUMBER] days of receipt of the shipment, Distributor shall notify Company in writing of any shortages, 
defects or damage which Distributor claims existed at the time of delivery. Within [NUMBER] days after 
the receipt of such notice, Company will investigate the claim of shortages, defects or damage, inform 
Distributor of its findings, and deliver to Distributor Products to replace any which Company determines, in 
its sole discretion, were in short supply, defective or damaged at the time of delivery.  
 
 
30. PAYMENT 
 
Upon delivery and acceptance of Products, Company may submit to Distributor Company's invoice 
for those Products. Distributor shall pay each such proper invoice within [NUMBER] days after 
Distributor's receipt of that invoice. Payment shall be made in [CURRENCY] to a bank account to be 
notified in writing by Company to Distributor.  
 
 
31. FORCE MAJEURE 
 
Neither party shall be liable or deemed to be in default for any delay or failure in performance under this 
Agreement or interruption of service resulting directly or indirectly from acts of God, or any causes beyond 
the reasonable control of such party. 
 
 
32. ASSIGNMENT 
 
This Agreement is not assignable by either party hereto without the consent of the other, except that this 
Agreement shall be assignable by Company to an affiliate entity or upon the sale of the right to license 
and sublicense the Products to the purchaser of said right. This Agreement shall be binding upon and 
inure to the benefit of the parties and their respective successors. 
 
 
33. SEVERABILITY AND WAIVER 
 

36.1 Severability 
If any provision of this Agreement is determined by a court of competent jurisdiction to be invalid or 
unenforceable, such determination shall not affect the validity or enforceability of any other part or 
provision of this Agreement. No waiver by any party of any breach of any provisions hereof shall 
constitute a waiver unless made in writing signed by the party. 

 

36.2 No Waiver Except by Notice in Writing 
No right under this Agreement is waived or deemed to be waived except by notice in writing signed by 
the party waiving the right. 

 
 
34. ENTIRE AGREEMENT  
 
This Agreement, including the Schedules attached hereto, contains the entire understanding of the 
parties and there are no commitments, agreements, or understandings between the parties other than 
those expressly set forth herein. This agreement shall not be altered, waived, modified, or amended 
except in writing signed by the parties hereto and notarized.  
 

 

 

          
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