MICROTECH INC. warrants that its products (the “Product(s)”) shall be free from defects in material and workmanship the duration of the Warranty Period. The “Warranty Period” means (a) for Products purchased by the customer directly from MICROTECH INC.’S Webstores, two years after the date of delivery of such Product to such customer and (b) for Products purchased from an authorized MICROTECH INC. reseller, one year after the date of shipment of such Product to such authorized reseller. MICROTECH INC.’S sole and exclusive obligation and liability under the foregoing warranty shall be for MICROTECH INC., at its discretion, to replace any Product with a new or refurbished version of the Product that fails to conform to the above warranty during the above warranty period. Such obligation shall be the sole remedy under this warranty and MICROTECH INC.’S exclusive obligation and the full extent of its liability. The expense of removal and reinstallation of any Product, including labor costs, is not included in this warranty. The warranty period of any replaced Product shall not extend beyond its original term. This warranty does not cover any software applications or programs, non-MICROTECH INC. products or non-MICROTECH INC. peripherals. All products and parts that are replaced become the property of MICROTECH INC.