General Terms & Conditions
WARRANTY AND RESPONSIBILITY
It is recognized that conditions in and about any well or work may involve hazards to life and property and obstacles to the functioning of products and the performance of services, and that such conditions are not and never have been subject to inspection or control by Magnum Mud Equipment Co., Inc.
   
1. Magnum Mud Equipment Co., Inc. warrants only that products, or partstherefor, sold or rented to customers shall be free from defects in materials and workmanship and not that they will accomplish any particular result. Liability under this warranty is limited to replacement of or credit for defective equipment or parts. 8. Products not sold to customer will remain the property of Magnum MudEquipment Co., Inc. and are not to be repaired or modified without MagnumMud Equipment Co., Inc.'s consent. If lost or damaged beyond ordinary wearand tear, such products will be charged for as provided in Magnum Mud Equipment Co., Inc.'s current schedule. Any equipment belonging to Magnum MudEquipment Co., Inc. in customer's possession may be repossessed by MagnumMud Equipment Co., Inc. upon sixty (60) days notice.
2. Services rendered by Magnum Mud Equipment Co., Inc. in connection with the rental or sale of its products consist only of technical advice as to make-up, inspection and operation or use. When any such services are rendered, customer will retain full custody, control and supervision of the work or the well and the conduct or operation thereof, and a representative of customer shall be presentwill full authority to direct operations.  
9. All of the preceding terms and conditions shall apply between Magnum MudEquipment Co., Inc. or any affiliate of Magnum Mud Equipment Co., Inc. and any service company operator, or other party or parties, selling, renting or usingMagnum Mud Equipment Co., Inc. products, parts thereof, or services furnished hereunder.
   
3. Magnum Mud Equipment Co., Inc. will exert its best efforts to render otherservices offered by it as requested. No guarantee or representation is made as to results, and charges will be made regardless of results obtained. MagnumMud Equipment Co., Inc. reserves the right to remove equipment and personnelfrom the well at any time, if in its opinion, conditions make such action advisable. 10. The entire liability of Magnum Mud Equipment Co., Inc. including expressand implied warranties in connection with its products or services is set forth above, and no one is authorized to waive or amend the same in any particular.
 
11. Prices, rates or terms are subject to change without notice. Equipmentowned by others will be sold, rented or used by Magnum Mud Equipment Co. Inc.,under these terms and conditions except where inconsistent with themanufacturer's terms and conditions, when the latter shall prevail.
 
4. Customer will hold Magnum Mud Equipment Co., Inc. harmless from anyand all liability or claim of liability to any person, firm or corporation for damageto person or property arising out of or in connection with the use of equipmentsold or rented hereunder or the rendering of services hereunder, except fordamage caused by the willful fault or gross negligence of Magnum Mud Equipment Co., Inc.
 
TERMS OF PAYMENT 30 Days Net. Interest chargeable thereafter.
 
TAXES AND OTHER CHARGES Any tax based on or measured by the charges orcollections for the sale or rental of products or the rendering of services, importduties, documentation charges, freight charges and transfer fees shall be addedto the stated price.
 
5. Magnum Mud Equipment Co., Inc. will hold customer harmless from alldamage and from any liability to others for or in connection with damage causedby Magnum Mud Equipment Co., Inc.'s willful fault or gross negligence except incases where concurrent or contributory fault of customer or customer's agents,servants, employees or contractors shall have contributed to such damage.
 
CANCELLATION AND RETURNS Orders for products of special design, size ormaterials are not cancellable after receipt. Special prices will be charged foraltered equipment or products made to customer specifications. Credit will notbe allowed for products returned without prior written authority.
 
6. Magnum Mud Equipment Co., Inc. will hold customer harmless from anyliability or injury to employees of Magnum Mud Equipment Co., Inc. except incases where such injury results from the fault of customer or customer's agents,servants, employees or contractors.
 
CHANGE OF DESIGN We reserve the right to change or modify the design ofany Magnum Mud Equipment Co., Inc. products without obligation to furnish orinstall such changes or modifications on products previously or subsequentlysold.
 
7. Magnum Mud Equipment Co., Inc. will defend at its own cost and expenseany suit charging patent infringement in the rental or use of any unaltered rentedproduct and will pay judgement awarded by a court against customer as a resultof any such suit, provided the customer is using the product in a mannerprescribed by Magnum Mud Equipment Co., Inc. and notifies Magnum MudEquipment Co., Inc. promptly of such suit and tenders the defence thereof toMagnum Mud Equipment Co., Inc.
 
RENTAL OF EQUIPMENT Rental charges commence when equipment leavesMagnum Mud Equipment Co., Inc. service base point and continues until returnedthereto. If equipment is shipped by carrier to or from lease location, cost offreight will be charged back to customer at Magnum Mud Equipment Co., Inc.'scost. Costs of restoring rented equipment to first class condition after use will becharged to customer including cleaning of tanks and disposal of any materialsleft inside of tanks when returned from rental.
 
 
   
SPECIAL PROVISIONS
1. There is a five (5) day minimum rent on most rental equipment. 4. Cleaning and Disposal charges for tanks coming in from rental with solids orliquids left in them: Supervisor $35.00 per hourLabor ( 1 Service Man) $25.00 per hourPressure Washer ? 2000 PSI $10.00 per hourTransfer Pump $10.00 per hourVacuum Tank $40.00 per hourVacuum Truck On RequestDisposal Water Base On RequestDisposal Oil Base On Request
  
2. Installation and maintenance of rental equipment and liability for equipment will be lessee responsibility.
 
3. Service Charges:MMECO Supervisor $35.00 per hour per manMMECO Service Personnel $25.00 per hour per manMileage $.50 per mileFood and Lodging Cost plus 15% Third Party Charges at Cost plus 15%
 5. Prices published F.O.B. Houma, Louisiana shop and F.O.B. Jennings, Louisiana.
   
PRICES ARE SUBJECT TO CHANGE WITHOUT NOTICE.