Core Waiver Program

Products Covered

This Agreement applies to any engine, transmission, cylinder head, or other product sold by Fraser that carries a returnable core requirement.

Customer acknowledges that applicable products require return of a qualifying rebuildable core unless expressly modified in writing by Fraser.

Non-Refundable Core Waiver Processing Fee

Customer voluntarily requests a temporary waiver of the requirement to pay the applicable full core deposit upfront and agrees to pay a non-refundable Core Waiver Processing Fee of $99.99.

• The fee is earned upon enrollment and processing.
• The fee is separate from the value of the required core.
• The fee does not constitute payment for the core.
• The fee does not eliminate the customer's core-return obligation.

Strict 30-Day Conditional Core Waiver

Customer receives a thirty (30) calendar day conditional waiver period beginning upon confirmed delivery of the applicable product.

• The required core return must be scheduled within 30 days.
• The original core must remain available for return.
• Customer should not sell, scrap, discard, or exchange the required core.
• Failure to comply may constitute default under this Agreement.

Post-Deadline Cure and Extension

If the initial waiver period expires without compliance, Customer may become responsible for the applicable full core replacement value together with applicable freight, container, handling, or other contractual charges.

Any additional extension must be expressly authorized by Fraser. No extension should be assumed unless confirmed by Fraser.

Full Core Value Liability

Customer acknowledges that the $99.99 fee is not the value of the required core.

Failure to return an acceptable qualifying core may make Customer responsible for amounts including:

• Full applicable core replacement value
• Container or packaging charges
• Freight or transportation expenses
• Administrative or handling costs where permitted
• Collection and enforcement costs where permitted by law

Identification Requirement

Customer may be required to provide valid government-issued identification as part of the Core Waiver enrollment and verification process.

Failure to satisfy required verification may make the Customer ineligible for the waiver.

Shipping, Installation and Third-Party Responsibility

Customer is responsible for appropriately preserving the original core and complying with applicable instructions concerning installation, storage, packaging, freight, and return preparation.

Core Obligation and Warranty

Core obligations remain separate from the processing of a warranty claim.

The existence of a warranty claim does not automatically suspend a core deadline unless Fraser expressly provides written authorization.

Failure to comply with applicable core-return requirements may affect warranty eligibility under the applicable warranty and purchase terms.

Payment Authorization

Amounts properly due under this Agreement may be invoiced or collected in accordance with the customer's authorization, applicable law, payment-network rules, and the terms of the underlying transaction.

Default and Collection

Upon default, Fraser may pursue available contractual and legal remedies, including invoicing, collection activity, or other lawful enforcement measures.

Governing Law and Venue

This Agreement is intended to be governed by applicable Michigan law. Any venue provision remains subject to applicable law and the final written Agreement accepted by the parties.

Dispute and Jury Trial Provisions

Any applicable waiver, dispute-resolution provision, or jury-trial provision shall be governed by the executed Agreement and applicable law.

Severability

If any provision is determined to be unenforceable, the remaining provisions are intended to remain effective to the extent permitted by law.

Entire Agreement

The completed and accepted Core Waiver Agreement, together with applicable purchase and warranty terms, constitutes the governing agreement concerning participation in the Core Waiver Program.