(1) Autoliv hereby expressly warrants that, for a period of 2 years from date of purchase, the NOPTIC will be free from defect in normal operational use. This is the sole and exclusive warranty made by Autoliv. EXCEPT AS SET FORTH IN THIS SECTION, AUTOLIV DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
(2) In the event of a defect in or with the NOPTIC, Distributor’s and its customers’ sole and exclusive remedy is to cause Autoliv to repair or replace the defective product.
(3) In no event shall Autoliv be liable to Distributor for lost profits or for indirect, incidental, consequential, SPECIAL or punitive damages of any kind, whether for breach of warranty, breach of contract, negligence, strict liability or other cause of action. This limitation shall be remain enforceable even if it is found that the limited remedy set forth above fails of its essential purpose.