Terms and Conditions

Standard Terms and Conditions of Sales

NovAtel Inc.

1120 68th Avenue N.E.

Calgary, Alberta, Canada T2E 8S5

1.PRICES: All prices are Firm Fixed Price, FCA 1120 - 68th Avenue N.E., Calgary, Alberta. All prices include standard commercial packing for domestic shipment. All transportation, insurance, special packing costs and expenses, and all Federal, provincial and local excise, duties, sales, and other similar taxes are the responsibility of the Purchaser.

2.PAYMENT: Terms are prepayment unless otherwise agreed in writing. Interest shall be charged on overdue accounts at the rate of 18% per annum (1.5% per month) from due date. To expedite payment by wire transfer to NovAtel Inc.: Bank - Hongkong Bank of Canada

777 - 8th Avenue S.W.

US Account #788889-002

Calgary, AB, Canada T2P 3R5

Transit #10029-016

3.DELIVERY: Purchaser shall supply shipping instructions with each order. (Ship to and bill to address, NovAtel Quotation #, Preferred carrier and account #, Custom broker/freight forwarder including name and contact #) In the absence of specific instructions, NovAtel may select a carrier and insure Products in transit and charge Purchaser accordingly. NovAtel shall not be responsible for any failure to perform due to unforeseen circumstances or causes beyond its ability to reasonably control. Title shall pass to Purchaser when Purchaser has paid NovAtel all amounts due. Risk of loss, damage or destruction shall pass to Purchaser upon delivery to carrier. Goods are provided solely for incorporation into the Purchaser’s end product and shall not be onward delivered except as incorporated in the Purchaser’s end product.

4.COPYRIGHT AND CONFIDENTIALITY: Copyright in any specification, drawing, computer software, technical description and other document supplied by NovAtel under or in connection with the Order and all intellectual property rights in the design of any part of the Equipment or provision of services, whether such design be registered or not, shall vest in NovAtel absolutely. The Buyer shall keep confidential any information expressed or confirmed by NovAtel in writing to be confidential and shall not disclose it without NovAtel's prior consent in writing to any third party or use it other than for the operation and maintenance of any Equipment provided.

5.GENERAL PROVISIONS: All Purchase Orders are subject to approval and acceptance by NovAtel. Any Purchase Order or other form from the Purchaser, which purports to expand, alter or amend these terms and conditions, is expressly rejected and is and shall not become a part of any agreement between NovAtel and the Purchaser. This agreement shall be interpreted under the laws of the Province of Alberta.

6.LIMITED WARRANTY AND LIABILITY: Warranty Period: Products - 1 year; Accessories - 90 days (in each case from the date of invoice). NovAtel warrants that during the Warranty Period that (a) the Product will be free from defects in material and workmanship and conform to NovAtel specifications;

DL-V3 User Manual Rev 3

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Novatel DL-V3 user manual Standard Terms and Conditions of Sales