WARRANTY

LIMITED PRODUCT WARRANTY 

KOR TECHNIK (KOR TECHNIK) D/B/A BEAR HYDE LLC warrants to the original purchaser (Buyer) that each packaging system will be free from defects in material and workmanship for one year from the date of purchase. 

1. WARRANTY. Through this Limited Product Warranty (Warranty) KOR TECHNIK warrants that all products furnished to Buyer are merchantable, free from latent and patent defects, free and clear of all taxes and third-party liens and encumbrances, and in full conformity with any descriptions, specifications or samples provided by KOR TECHNIK. 
2. LIMITATIONS. TO THE EXTENT PERMITTED BY LAW, THIS WARRANTY HAS THE FOLLOWING LIMITATIONS:
   1. THE REMEDIES OUTLINED IN THIS WARRANTY ARE THE EXCLUSIVE AND SOLE REMEDIES AND APPLY ONLY TO NEW SYSTEMS PURCHASED DIRECTLY FROM AN AUTHORIZED DEALER AND ARE AVAILABLE TO THE BUYER AND TRANSFERABLE TO BUYER’S CUSTOMER ONLY. THIS WARRANTY IS TRANSFERABLE ONLY WHEN BUYER COMPLETES THE PRODUCT REGISTRATION. TRANSFER OF THE WARRANTY ONLY ENTITLES THE BUYER’S CUSTOMER COVERAGE FOR THE REMAINDER OF THE ONE YEAR WARRANTY. 
   2. EXCLUDING THE WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, THIS WARRANTY IS IN LIEU OF, AND KOR TECHNIK DISCLAIMS, ALL OTHER WARRANTIES, WHETHER EXPRESS OR IMPLIED BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE OR OTHERWISE. 
   3. KOR TECHNIK DISCLAIMS ANY WARRANTIES OF NON-INFRINGEMENT WITH RESPECT TO THE SYSTEM AND NONE OF KOR TECHNIK OR ANY KOR TECHNIK AFFILIATES (DEFINED TO INCLUDE SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, MEMBERS, MANAGERS, EMPLOYEES, AGENTS OR SUBCONTRACTORS) SHALL HAVE ANY DUTY TO DEFEND, INDEMNIFY, OR HOLD HARMLESS BUYER FROM AND AGAINST ANY OR ALL DAMAGES OR COSTS INCURRED BY BUYER ARISING FROM THE INFRINGEMENT OF PATENTS OR TRADEMARKS OR VIOLATION OF COPYRIGHTS BY ANY OF THE CASES. 
   4. This Warranty does not apply to systems or parts that are abused, misused, neglected, subjected to unusual or extreme conditions and/or environments, or to extended or unreasonable wear and tear, or exposed to caustic substances. The warranty does not cover normal wear and tear of the system. Modifying the system in ways that affect its intended use voids this warranty. The warranty does not cover theft of the system or its contents. 
   5. KOR TECHNIK’s or any KOR TECHNIK affiliate’s entire liability, and Buyer’s exclusive remedy, in law, in equity, or otherwise, with respect to the panel(s) and or system provided under this agreement for the breach of this agreement is solely limited to the amount Buyer paid for the system. In no event shall KOR TECHNIK or any KOR TECHNIK affiliate be liable for damages related in any way to the use or misuse of any contents being transported or for any special, incidental, indirect, consequential, exemplary or punitive damages (although some states in the United States do not allow the exclusion or limitation of consequential or incidental damages, so this exclusion might not apply to Buyer), even if foreseeable, based upon breach of warranty, breach of contract, negligence, strict tort liability, public nuisance, breach of statutory duty, principles of indemnity or contribution, or any other legal theory. Such excluded damages include, but are not limited to, loss of profits, loss of savings or revenue, loss of the contents of the case, loss of use of the case, or any associated equipment, cost of capital, cost of substitute equipment, facilities or services, downtime, the claims of third parties, and injury to property. 
   6. This warranty applies to the system itself and does not extend to the contents being transported. 
   7. KOR TECHNIK’s System is designed to protect Buyer’s assets during transportation and to provide protection from physical damage to the contents during transport. 
   8. Please note that airlines or carriers may put KOR Panel Systems in situations beyond reasonable care and handling that can cause damage to the product. Buyer’s only recourse in such situations is filing a claim directly with the airline or carrier. 
3. WAIVER. The failure of Buyer to reject the products will not constitute a waiver of these warranties. All Buyer warranties run to and for the benefit of Buyer and Buyer’s customers upon Buyer or its customer’s final acceptance of KOR TECHNIK’s products. 
4. WARNING. THE KOR TECHNIK SYSTEM IS NOT DESIGNED TO BE A SECURED STORAGE DEVICE AND SHOULD NOT BE USED AS A SUBSTITUTE FOR A LOCK BOX OR SAFE. NEVER STORE FIREARMS AND AMMUNITION TOGETHER. TO PROTECT AGAINST ACCIDENTS, BUYER SHOULD STORE FIREARMS UNLOADED IN AN APPROVED FIREARM SAFETY LOCK BOX OR SIMILAR CONTAINER, WITH THE AMMUNITION STORED AND SECURED SEPARATELY. 
5. SEVERABILITY. Buyer agrees that the terms of this Agreement and Limited Warranty are severable. If any term or provision is declared invalid or unenforceable, in whole or in part, that term or provision will not affect the remainder of this Agreement and Limited Warranty; this Agreement and Limited Warranty will be deemed amended to the extent necessary to make this Agreement and Limited Warranty enforceable, valid and, to the maximum extent possible consistent with applicable law, consistent with the original intentions of the parties; and the remaining terms and provisions will remain in full force and effect. 
6. APPLICABLE LAW. Buyer and KOR TECHNIK agree that any disputes related to the products and services provided under this Agreement and Limited Warranty shall be governed in all respects by and construed in accordance with the laws of the State of Arizona, United States of America, excluding its conflict of laws rules. 
7. BINDING ARBITRATION AND SOLE REMEDY. To the extent there is a dispute between KOR TECHNIK and Buyer, both KOR TECHNIK and Buyer agree to submit the dispute to arbitration before the American Arbitration Association, with venue for the hearing of such arbitration to be Scottsdale, Arizona. Buyer agrees that any claim will be the individual Buyer’s claim only, and Buyer agrees to waive any rights to bring any collective or class action in the arbitration, or to join Buyer’s action with the claim of any other party. 
8. HEADINGS. The headings and titles contained in this warranty are for convenience only and shall not affect the interpretation of the provisions hereof.