Common use of Order and Acceptance Clause in Contracts

Order and Acceptance. No order will be binding until accepted by Company. As condition to acceptance, Company may require that Customer verify an order by signing the Company’s Order Verification form, without modification, submitted to the Company’s headquarters. Company will have no liability for purchase orders that are not verified and accepted. Company may establish minimum Product order quantities. Once Order Verification has been received by Company, Customer may only change or cancel the order with the Company’s written consent, which may require the Customer to pay a change fee or cancellation fee equal to the greater of $350 or up to 20% of the invoice value of the order except where the order is custom or country specific, in which case the cancellation fee may equal to the entire amount of the cancelled order.