Common use of Warranties to Customers Clause in Contracts

Warranties to Customers. Section 2.27 of the Disclosure Schedule includes a copy of the standard terms and conditions of sale, lease or license by the Company (including applicable warranty and indemnity provisions). No Company Product is subject to any guaranty, warranty, or other indemnity that extends beyond, in any material respect, the applicable standard terms and conditions of sale, lease or license. There is no claim, action, suit, investigation or proceeding pending against the Company, or to the Company’s Knowledge, threatened, relating to alleged defects in the Company Products, or the failure of any such Company Product to meet agreed upon specifications and, to the Company’s Knowledge, there is no basis for any of the foregoing.

Warranties to Customers. Section 2.27 Schedule 3.24 of the Disclosure Schedule Schedules includes a copy of the Company’s standard terms and conditions form of sale, lease or license by the Company customer contract (including applicable warranty and indemnity provisions). No Except as disclosed in Schedule 3.24 of the Disclosure Schedules, no Company Product is subject to any guaranty, warranty, or other indemnity that extends beyond, in any material respect, the applicable standard terms and conditions form of sale, lease or licensecustomer contract. There is no claim, action, suit, investigation or proceeding pending against the Company, or to the Company’s Knowledgeknowledge, threatened, relating to alleged defects in the Company Products, or the failure of any such Company Product to meet agreed upon specifications specifications, and, to the Company’s Knowledgeknowledge, there is no basis for any of the foregoing.