(Revised 7
26
/
/2017)
WARRANTY PERIOD:
Battery Type
Free Replacement (months)
Pro-rated (months)
Lithium Iron Phosphate
1-24
25-120
HOW TO RECEIVE WARRANTY SERVICE:
To resolve problems covered by this warranty for renewable energy applications, contact Iron Edison Battery Company to confirm the defect. You
will need to provide proof of purchase along with the serial number for the battery. Iron Edison Customer Service will diagnose the issue with the
customer, including the completion of a specific reconditioning procedure to determine if parts, service or replacement is needed. If deemed necessary
by Iron Edison Battery Company, customer must ship the defective product in approved shipping box / container to Iron Edison Battery Company
for testing before a warranty replacement / refund will be offered. Customer is responsible for all shipping and testing costs for returned batteries.
Replacement materials or product will only be shipped following a complete examination of returned equipment.
At the sole discretion of Iron Edison, if a single cell or a group of cells within the battery qualifies for warranty replacement, only these cells shall be
replaced, if possible, and that all serviceable parts and functioning cells will be incorporated in a returned battery
.
During the free replacement period, the battery will be repaired or replaced with a similar battery or one of equal value.
During the pro-ration period, the Performance Replacement Refund will be calculated using the formula below:
If the customer requires an Advanced Exchange on the suspected defective product(s), the customer must deposit into escrow funds equal to the
replacement and shipping cost of the product(s) being replaced. Replacement product(s) will then be shipped to the customer as soon as possible. The
customer will then return the suspected defective product(s) to Iron Edison for testing and evaluation. If the product(s) is deemed defective by Iron
Edison and is within the free replacement period, the funds in escrow will be refunded to the customer. If the product(s) is deemed defective by Iron
Edison and is within the pro-ration period, the Performance Replacement Refund formula below will be used to calculate the escrow refunded to the
customer. If the product(s) is not deemed defective by Iron Edison, Iron Edison will retain the funds in escrow as payment for the advanced exchange
product(s) shipped to the customer, and the original product(s) shipped to Iron Edison may be returned to the customer. The customer is responsible
for ALL return shipping costs.
Performance Replacement Refund:
Current Discounted Retail Price X % Warranty Remaining X [0.7 X (Tested Ah Capacity ÷ New Ah Capacity)]
The Performance Replacement Refund may be in for form of a cash payment, or a credit toward repair / replacement of the battery. If a cash payment
is made for the warranty claim, the customer may retain ownership of the defective battery with no further warranty coverage. Customer will be
responsible for any return shipment costs. If repairs are made to the battery, the original warranty will continue from the initial purchase date.
In no event will Iron Edison Battery Company’s total liability exceed the sum paid by the owner for the product giving rise to the claim hereunder.
Iron Edison Battery Company reserves the right to add or delete batteries from those listed above as they become available or are obsolete.
LIMITATION ON IMPLIED WARRANTIES:
Iron Edison Battery Company makes no express warranties with respect to its batteries other than the limited warranties stated above.
APPLICATION OF STATE LAW:
This Limited Warranty shall be governed by the laws of the State of Colorado without giving effect to any conflict of laws principles that may provide
the application of the law of another jurisdiction. Any claim or dispute in connection with this Limited Warranty shall be resolved between both parties
in writing if a mutual agreement is made. If the a mutual agreement is not made, any legal action would be filed and governed by jurisdiction of the
state courts located within Jefferson County, Colorado and the federal courts in Colorado for the purpose of litigating all such claims or disputes,
which courts shall have exclusive jurisdiction of such claims or disputes.
