Common use of Term of Warranty Clause in Contracts

Term of Warranty. For a period of five (5) years after the date of shipment (the “Warranty Period”), StarTek, at its sole option, will, itself, or through others, repair, replace or refund the price paid for Products that StarTek verifies as being “Damaged or Inoperative”, as defined hereafter, due to defective material or workmanship. “Damaged or Inoperative” shall mean: 1) life defined by lumen output degrades to 70% of initial value or 2) failure of 10% of individual leds.