Seller sells the Products with the intent that they are free of defects in manufacture and workmanship at the time of shipment. Seller warrants that each of its Products will be free of defects in material and workmanship under normal use and service. However, the obligation of Seller under this warranty shall be limited to the requirement that it make good at Seller’s place of business any part or parts which are returned to Seller within one (1) year from the date of delivery to Buyer. Seller does not warrant any Product which is or has been the subject of misuse, negligence, accident, repair or alteration which, in the judgment of Seller, affects the Product's stability or reliability. Seller’s sole obligation for Products failing to comply with the warranty set forth above shall be, at Seller’s discretion, to either replace the nonconforming Product or issue Buyer credit for the purchase price of the nonconforming Product where, within the applicable warranty period and in accordance to
Holtek’s return procedures:
1) There is no cancellation or return on masked, pre-programmed and/or custom products. Said Products are NCNR (Non-cancellable, non-returnable) upon order confirmation by Seller.
2) Buyer may return nonconforming Products under warranty as stipulated in Warranty policy only with Seller’s consent and in accordance with Holtek’s return procedures. Prior to returning of nonconforming Product under warranty, Buyer must request a Return Merchandise Authorization (RMA) from Seller. Seller shall send Buyer an e-mail with RMA number. Upon Seller’s confirmation of Buyer’s right to return, Seller at its discretion either: (a) provide Buyer with authorization to scrap the product and either issue Buyer a credit for the purchase price of the Product or ship Buyer replacement at its own expense as soon as practicable; or (b) issue an RMA requiring Buyer to return the nonconforming product freight prepaid in accordance to Seller’s instructions in good condition and without alteration within fifteen (15) days following the RMA issue date. All returns must be accompanied by the Seller’s sales order number or invoice number, the RMA number and an explanation for the reason of return. Products returned must agree exactly with the part numbers and quantities authorized for return in the RMA. Following Holtek’s evaluation of the returned Product, Seller will notify Buyer via e-mail whether the return has been approved or rejected. Seller shall at its discretion either issue Buyer a credit for the purchase price of the Product or ship Buyer replacement Product for approved returns. For rejected return, Buyer must notify Seller of its preferred handling for the return or scrap of the product. Should Buyer fail to notify Seller within seven (7) days of Seller rejection notice, Seller will scrap the product.