Limited warranty

Preddio Technologies, Inc. (“Preddio”) warrants, for a period of one (1) year from the original date of shipment, that the Preddio hardware device or devices you have purchased for use in connection with the Preddio proprietary service (the “Product”) will be free from defects in material and workmanship. This limited warranty may be transferred to subsequent purchasers of the Product, provided that such Product is resold in new condition and in its original packaging. Improper use of the Product, including but not limited to failure to follow instructions and warnings, accident, neglect, or abuse of the Product, or modifying the Product will void this warranty.

THIS LIMITED WARRANTY IS EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES BY PREDDIO, EXPRESS OR IMPLIED; TO THE FULLEST EXTENT PERMITTED BY LAW, ALL IMPLIED WARRANTIES INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, COMPLETENESS OR THAT THE PRODUCT WILL MEET CUSTOMER’S REQUIREMENTS, ARE HEREBY EXPRESSLY EXCLUDEDTOTHE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW. PREDDIO DOES NOT WARRANT THAT THE OPERATION OF THE PRODUCT WILL BE UNINTERRUPTED, ERROR-FREE, OR HAVE IMPENETRABLE SECURITY. USE OF INFORMATION PROVIDED THROUGH THE PREDDIO PROPRIETARY SOFTWARE IN CONNECTION WITH THE PRODUCT IS SOLELY AT THE CUSTOMER’S OWN RISK. IN NO EVENT SHALL PREDDIO BE LIABLE FOR ANY DECISION MADE OR ACTION TAKEN IN RELIANCE ON ANY INFORMATION MADE AVAILABLE BY, THROUGH, OR AS A RESULT OF THE PRODUCT. THIS LIMITED WARRANTY IS VOID IF THE PRODUCT IS NOT USED FOR THE PURPOSE FOR WHICH IT IS DESIGNED.

To make a warranty claim, Customer must submit a request to warranties@preddiotech.com within thirty (30) days after discovery of the defect. Customer must provide the unique ID identifying the Product along with proof of purchase such as the invoice, and shall comply with Preddio’s other warranty requirements. Upon receiving notice, Preddio may require Customer to promptly return the Product to Preddio, or its authorized service provider, freight prepaid.

If Customer notifies Preddio of a potentially defective Product within the warranty period above, and that Product is determined by Preddio in its sole discretion to be defective, Preddio will at its option either repair, replace or refund the purchase price of that Product. Labor is not included. THE ABOVE REMEDY SHALL BE THE SOLE AND EXCLUSIVE REMEDY FOR ANY BREACH OF WARRANTY. PREDDIO SHALL NOT BE LIABLE FOR ANY OTHER COSTS, LOSSES, EXPENSES, DAMAGES OR CONSEQUENTIAL DAMAGES INCLUDING, WITHOUT LIMITATION, ANY DAMAGES FOR LOSS OF BUSINESS OR LOSS OF PROFITS.

IN NO EVENT SHALL PREDDIO BE LIABLE FOR ANY LOST PROFITS, LOSS OF DATA, OR BUSINESS INTERRUPTION, OR FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, EXEMPLARY, OR CONSEQUENTIAL OR SPECIAL DAMAGES OR LOST PROFITS HOWEVER CAUSED AND WHETHER IN CONTRACT, TORT OR UNDER ANY OTHER THEORY OF LIABILITY.

This warranty is effective for purchases of Product on or after the effective date set forth below. Preddio reserves the right to modify this warranty from time to time. Any modification of this warranty shall be effective for all orders placed with Preddio on or after the effective date of such revised warranty.

Effective Date: April 1, 2021