standard terms & Conditions

All quotations and sales by Altest Corporation are subject
to these terms and conditions.


Except as otherwise set forth on the front of an Altest Corporation, inc. invoice or acknowledge terms of payment are credit card, COD, net 30 days from invoice date; prices are FOB San Jose and pricing do not include any taxes, freight, handling, duty or other charges, payment of which will be the sole responsibility of customer. Price are conditioned upon timely payment and any past due balance will accrue interest at the monthly rate of one and one-haft percent. Freight charges may be constructed on the basis of standard carrier tariffs and may not reflect actual transportation costs. Altest Corporation reverses the right to modify terms prior to shipment, require payment in advance, or delay or cancel any shipment or order by reason of customer’s creditworthiness or should customer fail to fulfill any obligation when due.

In the absence of prior agreement as to shipping, Altest Corporation may select a carrier. Altest Corporation responsibility for any loss or damage ends, and title passes, when products are delivered to the carrier, to customer, or the customer’s agent, whichever occurs first and customer will pay for storage charge if Altest Corporation holds products at customer’s request pending instructions or rescheduled delivery.

Altest Corporation warrants those products against any defects caused solely by faulty assembly or customization for 30 days after delivery is received. All components utilized in any assembled or customized products are covered by, and subject to, the terms, conditions, and limitations of Altest Corporation. in standard terms and conditions.

Altest Corporation  retains a purchase money security of interest in all products sole by Altest Corp to customer, and the proceeds of any resale for such products, until the purchase price and any other charges due to Altest Corp have been paid in full. Upon any breach by customer of these terms and conditions, Altest Corp will have all rights and remedies of a secured part under applicable law, which rights and remedies will be cumulative and not exclusive. Customer is responsible for all costs and expenses incurred by Altest Corp in collecting any sums owing by customer (which may include, but all not limited to, collection agency and reasonable attorney’s fee). Altest Corp shall have the right to offset any sum owed by Altest Corp or any its subsidiary to the customer against any sum owned by customer to ALtest Corp. All transactions are governed by the laws of the state of California. The parties waive any right to trail by jury.

Products are deemed accepted by customer unless customer notifies Altest Corp within 48 hours of delivery for product shortages, damages or defects. No return may be made for any reason without a Return Merchandize Authorization (RMA#) from Altest Corp.

Altest Corporation will not be liable for any failure or delay in its performance or in the delivery or shipment of products, or for any damages suffered by customer by reason such failure or delay, when such failure or delay is caused by, or arises in connection with, any fire, flood, accident, riot, earthquake, server weather, war, governmental interference or embargo, strike, shortage of labor, fuel, power, materials or supplies, delay in delivery to Altest Corporation suppliers or any other cause or causes beyond Altest Corporation control. Altest Corporation reserves the right to cancel without liability any order, the shipment of which is or may be delayed for more than 30 days by reason of any such cause. Altest Corporation reserves the right to allocate in its sole discretion among customers or potential customers, or defer or delay the shipment of, any product which is in short supply.

Customer, by accepting any products, making any payments or ordering any products having previously received these terms and conditions, will be deemed to have assented to these term and conditions, notwithstanding and terms contained in any prior or later communication from the customer and whether or not Altest Corporation will specifically or expressly object to any of Altest Corporation terms and conditions.

Altest Corporation may assign account receivable to any of collection agency as its pleased. In order to defray the cost of customer account administration, any credit balance or other sum owed to customer which its remains unclaimed by customer for a period of 10 months will be property of Altest Corporation.

No order or customer obligation may be cancelled, rescheduled, reconfigured, or assigned without Altest Corporation prior written authorization and, in such event, customer will be liable to Altest Corporation for any additional costs and expenses incurred by Altest Corporation. Price are subject to change without any notice in response to supplier price increase or if a price has been quoted in error, whereupon, customer may cancel the undelivered portion of any affected order by delivering written notice to Altest Corporation prior to the shipment thereof within 48 hours receipt of notice of the price increase.


Record Retention

The supplier shall retain all documents related to the purchase from Altest Corporation for at least 5 years. These documents include Purchase Order forms, Parts Inspection documents, Source of supplies, Material Certifications, Calibration and any other related documents to the orders.

Corrective Action

All nonconformances identified by the Altest Corp inspector shall be rectified by the supplier in a timely manner. Supplier shall take corrective action(s) to prevent reoccurrence of similar nonconformance(s). Details of such actions shall be advised to Altest Corp, in writing, within one month of nonconformance(s) being identified

Calibration Control

All measuring equipment used in manufacture and testing shall be subject to a controlled calibration system. If applicable, calibration and maintenance shall be as specified in the pertinent national standards.

Notification of Nonconforming Product

No product shall be shipped under this Purchase Order which contains material and/or design that departs from drawings or specifications. The supplier will provide Altest Corp. notification of any proposed deviation and receive consent by Altest Corp. to manufacture and ship nonconforming product. The supplier shall be responsible for any additional costs incurred due to use of such nonconforming product. Should the supplier detect that nonconforming product has been delivered to Altest Corp., it is the suppliers’ responsibility to notify Altest Corp. immediately.

Obtain Altest Corp. approval for nonconforming product disposition

The supplier must get approval from Altest Corp. for disposition of nonconforming products ordered by Altest Corp.

Right of access by regulatory authorities

to the applicable areas of all facilities, at any level of the supply chain, involved in the order and to all applicable records. Altest Corp.’s customers and regulatory authorities reserve the right to perform audits and/or inspections at the supplier and/or subcontractor’s facilities.

Notification of changes in product, process, and location

Suppliers are required to notify Altest Corp. of any changes in product, process, and manufacturing facility location changes.