Policies

Terms of Use

Use of this web site, products and information distributed in conjunction with this web site, including without limitation the Magnet Products International e-mail update service, is offered to you on your acceptance of these terms of use, our privacy policy and other notices posted on this web site. Your use of this web site or of any content presented in any and all areas of the web site indicates your acknowledgment and agreement to these terms of use, our privacy policy and other notices posted on this web site. If you do not agree to be bound by and comply with all of the foregoing, you may not access or use our currency information, services, or web site. We suggest you print a copy of each of these documents for your records. Magnet Products International shall have the right, at its sole discretion, to modify, add or remove any terms or conditions of these terms of use without notice or liability to you. Any changes to these terms of use shall be effectively immediately following the posting of such changes on this web site. You agree to review these terms of use from time to time and agree that any subsequent use by you of this web site following changes to these terms of use shall constitute your acceptance of all such changes. These terms of use were last modified on August 1, 2007.

 

Disclaimer of Warranty

The materials on this site are provided "as is" without any express or implied warranty of any kind. Magnet Products International disclaims all warranties, express or implied, including, but not limited to, warranties of merchantability, fitness for a particular purpose, noninfringement of intellectual property or other violation of rights. Magnet Products International and its suppliers do not warrant or make any representations regarding the accuracy, completeness or reliability of the materials on this site, including the information, text, graphics, links or other items contained within these materials. Magnet Products International may make changes to the materials provided on this site, or to the products described therein, at any time without notice. Magnet Products International has no obligation to update the materials on this site.

 

Limitation of Liability

In general: you acknowledge and agree that, in no event, shall Magnet Products International be liable, whether in contract, warranty, tort (including negligence or breach of statutory duty), strict liability, indemnity, contribution, or otherwise, for any indirect, special, punitive, exemplary, incidental or consequential loss, damage, cost or expense of any kind whatsoever, howsoever caused, or for any loss of production, cost of procurement of substitute goods, loss of capital, loss of profit, loss of revenues, contracts, business, cost of rework, loss of goodwill or anticipated savings, or wasted management time, even if Magnet Products International has been advised of the possibility or they are foreseeable. Magnet Products International total liability on all claims, whether in contract, warranty, tort (including negligence or breach of statutory duty), strict liability, indemnity, contribution, or otherwise, shall not exceed the purchase price of goods or content. These limitations shall not apply where expressly prohibited by law.

 

Your Responsibility For Products and Processes

Without affecting Magnet Products International’s responsibilities to you under these web site terms of use, and to the fullest extent permitted by law, you accept that you, and not Magnet Products International, are solely responsible for (i) any product or process which uses or incorporates Magnet Products International goods or content, (ii) reviewing/ testing goods and content and determining their suitability for use in your application, product or process, and (iii) determining whether your products or systems employing Magnet Products International goods or content infringes patents, copyrights, or other proprietary rights of third parties.

 

Privacy Statement

We are committed to protecting your privacy. The information we collect about you is used to process orders, protect you against fraud, and to provide you with accurate shipping information. We do not sell, trade, rent or give out your personal information for any other purpose, except as required by law.

 

Return Policy

We will review on a case by case basis within 30 days of shipment. No returns past 30 days of shipment. No returns on custom orders; however, stock items may be returned with authorization. Please call 800-230-5098 for an authorization number. Returned items must be unused and unopened in its original packing and may be subject to a 15%-25% restocking fee. Before applying credits, Magnet Products International must inspect and approve returned material. We will replace any material that is deemed defective by our quality department to be replaced only.

 

Payment Policy

We accept checks, money orders, wire transfers, Visa, Mastercard and or American Express. Terms are considered on a case by case basis. Please note, all credit card orders will be charged a 2.5% Administration Fee as of August 1, 2007. If credit terms are approved for a specific amount, term of payment begins from the date of shipment from our factory on custom orders or from our US warehouse for stocked goods. We must approve terms and term amount in writing. Failure to pay within our terms may result in legal action and or collection attempts. A 1.5% per month interest charge is due on any accounts over 30 days. If no arrangement for payment is made by customer outside 30 day terms and legal or collection action is taken, customers will be held responsible to pay all our collection, legal and or litigation costs. Any customer breech in PO agreement or payment arrangements may result in collection of all original quoted costs per project including but not limited to goods produced and sold, freight charges for goods and samples, late payment interest charges and or reimbursement of legal, litigation or collection costs.

 

Freight Policy

Magnet Products International can ship your orders prepaid with the carriers of our choice. If the buyer chooses the freight company, we ask that the buyer ships on their account with that particular carrier or we will ship your order collect.

  • A $5.00 handling fee will apply to all orders.
  • The carrier we choose will be determined based on weight of products purchased and location of customer.
  • All shipments go basic ground unless otherwise specified by the buyer