Aquam Pre-Order Terms
AQUAM RESERVATIONS TERMS & CONDITIONS
By participating in the AQUAM EV LLC (“AQUAM”) Pre-Order Program you are agreeing to these Reservation Terms and Conditions, and have read and understood the AQUAM Privacy Policy.
The Pre-Order Reservation is not transferable or assignable to another party.
PRICE
The price reflected for the AQUAM ONE ELECTRIC VEHICLE (“ONE”) in Aquam’s website is an estimate of the vehicle’s base price and is subject to change between the time this pre-order is placed and the moment the final order is confirmed. The final price will also reflect that version and accessories you will select when final orders are opened for reservation customers. At that moment, you will receive a final price sheet enumerating the final price for the Vehicle prior to taking delivery of the Vehicle, and you will be responsible for paying the total amount on the final price sheet.
CANCELLATIONS
Your $250 pre-order deposit covers order processing costs and is refundable, except for a 15% processing fee that will be retained by AQUAM. Refunds are processed within 60 days of the cancellation. When the final order is placed, you will receive a credit on the final price sheet equal to the pre-order payment. Until you configure your ONE and place the final order, you may cancel your pre-order at any time. The pre-order payment and this Agreement are not made or entered into in anticipation of or pending any conditional sale contract. AQUAM will not pay any interest on pre-order deposits regardless of any type of cancellation or refund.
FINAL ORDER AND DELIVERY
This pre-order is not an Agreement to Purchase, nor does it constitute a purchase or order of the ONE. When the start of production is established by AQUAM, you will be notified and will have 15 business days to configure your vehicle, which will constitute your Final Order. The ONE will be delivered by AQUAM to an Authorized Dealer closest to you. The Dealer will notify you when the ONE arrives at the Dealer and will provide you with the final price and final price sheet. You agree to take delivery of the ONE from the Dealer and provide payment of the total price indicated on the final price sheet to the Dealer, based on the configuration you selected when the Final Order is placed. The Dealer will handle all elements of the transaction; you are not purchasing the ONE from AQUAM.
Final design, vehicle specifications and price may change between the time you enter into your Pre-Order Reservation and the time you enter into your Final Order.
ARBITRATION
If you have a concern or dispute, please initially send a written notice describing it and your desired resolution to contact@aquam-ev.com. Most concerns may be quickly resolved in this manner.
If the dispute is not resolved within 60 days, you agree that any dispute arising out of or relating to any aspect of the relationship between you and AQUAM will not be decided by a judge or jury but instead by a single arbitrator in an arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules. This includes claims arising before this Agreement, such as claims related to statements about our products. You will be responsible for your own costs associated with arbitration, and any fees due to the AAA will be shared equally by you and AQUAM . Arbitration will be held in Miami, FL.
The arbitrator may only resolve disputes between you and AQUAM and may not consolidate other claims without the consent of all parties. The arbitrator cannot hear class or representative claims or requests for relief on behalf of others purchasing or leasing AQUAM vehicles. In other words, you and AQUAM may bring claims against the other only in your or its individual capacity and not as a plaintiff or class member in any class or representative action. If a court or arbitrator decides that any part of this agreement to arbitrate cannot be enforced as to a particular claim for relief or remedy, then that claim or remedy (and only that claim or remedy) may be brought in court and any other claims must be arbitrated.
For more information about the Pre-Order Reservation Terms, please contact us at contact@aquam-ev.com.
LIMITATION OF LIABILITY
AQUAM is not liable for any incidental, special, or consequential damages arising out of this Agreement. Your sole and exclusive remedy under this Agreement will be limited to reimbursement of your pre-order payment
DISCONTINUATION
AQUAM may unilaterally cancel any pre-order that is believed to have been made with a view toward resale of the Vehicle or that has otherwise been made in bad faith. AQUAM may also cancel your pre-order if a product, feature, or option is discontinued after you place your pre-order. AQUAM will provide a full refund of the pre-ordem payment if they cancel any pre-orders unilaterally.
GOVERNING LAW
The terms of this Agreement are governed by, and to be interpreted according to, the laws of the State of Florida. Prior agreements, oral statements, negotiations, communications, or representations about the ONE sold under this Agreement are superseded by this Agreement. Terms relating to the pre-order not expressly contained herein are not binding. AQUAM may assign this Agreement at its discretion to one of its affiliated entities.
This Agreement is entered into and effective as of the date you accept this Agreement, which acceptance may be acknowledged by selecting the box below labeled “I Agree” in the Reservations Page.