PO Box  4839 9526 Vassar Avenue Chatsworth, CA  91313-4839 Phone: (818) 882-3933 FAX:  (818) 882-0319 ip@intlprecision.com

International Precision, Inc.

Terms and Conditions

F7.4.2-1

Any delay in shipment must be conveyed to IP Purchasing as soon as the delay is known.

Any changes to the contract requirements by the supplier must be approved by IP in writing.

All information in the contract must be held in confidence and no third party request for information will be authorized unless instructed in writing by IP representative.

In addition to IP right of entry, the supplier agrees to right of entry for our customers, or regulatory agencies, to all facilities and records in the performance of this contract.

All applicable requirements must be flowed down to sub-tier suppliers.

Notify IP of changes in product and/or process definition and, where required, obtain IP approval.

Notify IP quality department prior to transferring any IP work to a new facility. IP Quality Manager will determine prior to the transfer if the supplier may perform the transfer of work.

Notify IP quality department of nonconforming product and make proper arrangements for approval.

Maintain adequate records of all inspections and tests. Records shall be kept for a period of ten (10) years after final payment for supplies or services.

All work must be processed per latest revision unless otherwise instructed on purchase order.

Compliance to AS9100, ISO 9001 or AC7004 Quality System.

Provide Material Safety Data Sheets (MSDS) and/or certificates of compliances for restricted, toxic or hazardous substances.

Machining Suppliers must furnish inspection reports, Certificate of Conformance, and as applicable Material and Processing Certifications for the parts they submit.

Processing suppliers must furnish processing certifications to the purchase order requirements, and shall not process any parts for which they are not certified or approved.

Material suppliers must furnish material certifications with original mill certifications in English to the purchase order requirements, and shall not supply material for which they are not certified or approved.

Calibration labs must be certified to ISO 17025:2005, ANSI/NCSL Z540.1-1994 or ISO 10012:2003.

Rev: A                                                                            Approval Date: 5/5/2010                                                                            Approved By:  AB

This document is confidential and proprietary of International Precision, Inc. Unauthorized use or copying without written consent is strictly prohibited.

Documents viewed on the IP network or website are considered the current revision. Any printed copies are considered a reference document