Customer Obligations for Restocking
and Cancellations

10% Release for Fabrication

20% Completion of Engineering

30% Receipt of Raw Materials

40% After Assembly

50% After Calibration

60% After Packing

70% After Shipment from Factory

These fees will be invoiced on the same day cancellation is received and accepted by Phase Dynamics, Inc. management. This invoice will have terms of Net 10 Days from date of invoice.