PARK – PURCHASE ORDER TERMS AND CONDITIONS

Rev. 1

SUPPLIER agrees to the following Purchase Order (PO) terms and conditions:

GENERAL REQUIREMENTS

1. The Supplier agrees that the listed Park Automotive Buyer will be their main point of contact for all queries related to this PO.
2. The Supplier acknowledges that information on received items or services will be used to control and monitor the Supplier’s overall performance, and that poor performance could lead to disqualification from future purchases by Park.
3. Where the Supplier performs inspections and tests of its products utilizing statistical techniques, the supplier shall agree to ensure that such techniques are based on established statistical principles and/or industry standards.
4. The Supplier agrees to notify Park of any nonconforming processes, products, or services relevant to this PO and obtain Park approval for their disposition.
5. The Supplier agrees to notify Park of changes to processes, products, or services, including changes of their external providers or location of manufacture, and obtain the Park’s approval for such changes.
6. Supplier agrees to provide processes, products, or services per the requirements defined in the detail portion of this PO.
7. The Supplier agrees to flow down to its supply chain the applicable requirements of this PO.
8. The Supplier agrees to records related to this purchase, and the products or services covered by it, for a minimum of 5 years.

PO-SPECIFIC REQUIREMENTS

Where indicated on the detail portion of this PO, the supplier shall:

1. Provide technical data (e.g., specifications, drawings, process requirements, work instructions) relevant to the products or services being ordered.
2. Provide certificates / certifications relevant to the products being ordered.
3. Provide required evidence of competence for personnel relevant to the products or services ordered.
4. Agree to allow Park and/or its customer perform an on-site inspection of facilities and activities related to the products or services covered by this PO.
5. Comply with any special requirements, critical items, or key characteristics provided by Park as a part of this PO.
6. Comply with all test, inspection, and verification (including production process verification) requirements defined as part of this PO.
7. Provide Park information on design and development controls for related products.
8. Utilize any sub-tier suppliers as directed by Park.
9. Implement a counterfeit control procedure or program to ensure the supplier does not ship counterfeit products to Park.
10. Provide Park with test specimens for design approval, inspection/verification, investigation, or auditing.
11. Ensure its personnel are aware of their contribution to product or service conformity, their contribution to product safety, and the importance of ethical behavior.
12. Implement a quality management system in conformance with ISO 9001, AS9100, or IATF 16949 (for manufacturers).
13. Implement a quality management system in conformance with AS9120 (for distributors).
14. Implement a quality management system in conformance with ISO 17025 (for calibration and test laboratories).