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Web Site Terms and Conditions of Use
     Please read the following terms and conditions of use carefully before using this site. YOUR USE OF THIS SITE CONSTITUTES AGREEMENT TO THE TERMS AND CONDITIONS SET FORTH BELOW. IF YOU DO NOT AGREE TO THESE TERMS, PLEASE DO NOT USE THIS SITE.

  1. You should assume that everything you see or read on this site is copyrighted unless otherwise noted and may not be used except as provided in these Terms and Conditions without the written permission of National Oilwell.

  2. Some of the information found on this site is copyrighted by others and used with permission. National Oilwell Varco neither warrants nor represents that your use of materials displayed on this site will not infringe rights of third parties not owned by or affiliated with National Oilwell Varco. Other trademarks, logos, and service marks displayed on this site, are registered and unregistered trademarks, logos and service marks of National Oilwell Varco and others.

    Copyright and Trademark Notices

    Copyright © 2006 National Oilwell Varco. All rights reserved.

  3. Restrictions on Use of Material Please be advised that certain materials found on natoil.com (the "Materials") are either the property of, or used with permission by, National Oilwell Varco. The use or misuse of these Materials except as permitted by these Terms and Conditions is expressly prohibited. Any impermissible use or misuse of these Materials may be a violation of copyright law, trademark law, the law of slander and libel, the law of privacy and publicity, and communications regulations and statutes. Nothing contained on this site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark, logo or service mark displayed on this site without the written permission of National Oilwell Varco or such third party that may own the trademark, logo or service mark displayed on this site. Your misuse of the trademark, logo or service mark displayed on this site, or any other content on this site, except as provided in these Terms and Conditions, is strictly prohibited.

  4. National Oilwell Varco has not reviewed all of the sites linked to this site and is not responsible for the content of any off-site pages or any other sites linked to this site. Your linking to any other off-site pages or other sites is at your own risk. Although National Oilwell may from time to time monitor or review discussions, chats, postings, transmissions, bulletin boards, and the like on this site, National Oilwell Varco is under no obligation to do so and assumes no responsibility or liability arising from the content of any such locations nor for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information within such locations on this site. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. National Oilwell Varco will fully cooperate with any law enforcement authorities or court order requesting or directing National Oilwell to disclose the identity of anyone posting any such information or materials.

  5. Please be advised that any communication or material you transmit to National Oilwell Varco via this site or Internet electronic mail is on a non-confidential basis with no promise by National Oilwell Varco not to use such communication or material for any purpose whatsoever, including reproduction, publication, broadcast, posting, or other public or commercial use including, but not limited to, developing, manufacturing, and marketing products using such communication or material. National Oilwell reserves the right not to respond to, and/or not to post, any communication from a user.

Disclaimer of Warranty

YOUR USE OF AND BROWSING IN THIS SITE ARE AT YOUR OWN RISK.THE MATERIALS ARE PROVIDED "AS IS." NATIONAL OILWELL MAKES NO REPRESENTATIONS, EXTENDS NO WARRANTIES, EITHER EXPRESS OR IMPLIED, AND ASSUMES NO RESPONSIBILITIES WHATSOEVER WITH RESPECT TO MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT, OR SUITABILITY, COMPLETENESS OR ACCURACY OF THE MATERIALS OR OF ANY INFORMATION CONTAINED THEREIN. NATIONAL OILWELL EXTENDS NO WARRANTY CONCERNING THE RESULTS OR EFFECTS OBTAINED THROUGH THE USE OF THE MATERIALS AND IN NO EVENT SHALL NATIONAL OILWELL BE LIABLE FOR LOSS OF PROSPECTIVE PROFITS, DIRECT, INDIRECT OR CONSEQUENTIAL DAMAGES TO THE USER OR A THIRD PARTY, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. NATIONAL OILWELL DOES NOT WARRANT THAT THIS SITE OR SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE USER ASSUMES THE ENTIRE COST OF ANY NECESSARY SERVICING, REPAIR OR CORRECTION AFTER VISITING THIS SITE AND/OR DOWNLOADING THE MATERIALS.


Limitation of Liability

National Oilwell Varco shall not be responsible for, and shall have no obligation to User with respect to, any claim by any other person arising from, or attributable to, User's access to, possession of, use of, or inability to use, or errors or omissions in, the Materials. In no event, shall National Oilwell, its officers, directors, employees, or representatives, or its parents, affiliates, or subsidiaries, and their respective officers, directors, employees, or representatives, be liable for any lost profits, lost savings, lost revenue, or indirect, incidental, special, exemplary or consequential damages, or direct damages arising from or in any way related to or resulting from the use of, or the inability to use the Material, or errors or omissions in the content of the material whether based on contract, tort, strict liability or other form of action, even if there is negligence on National Oilwell Varco's part. This limitation of liability shall apply even if National Oilwell Varco has been advised of the possibility of such losses or damages. Not withstanding the foregoing, in no event shall National Oilwell Varco's cumulative liability to any User exceed the total amount paid by User to access this site. In no event, shall National Oilwell Varco be liable for any lost profits, lost savings, lost revenue, or indirect, incidental, special, exemplary or consequential damages, arising from or in any way related to, any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus, or line failure. National Oilwell Varco shall have no liability for loss of data or documentation, it being understood that User is responsible for reasonable backup precautions.


Risk Management Information

If any User wishes to engage in hedging, derivative, physical or other commodity related "Transactions" with National Oilwell Varco or its affiliates acting as a principal, prior to doing so the User will execute a separate agreement (such as a swap agreement, ISDA, confirmation, physical commodity purchase or sale agreement, or otherwise), in form and substance satisfactory to both parties, which will set forth terms and conditions for engaging in such Transactions. Such Transactions, if any, will be governed solely by the agreements covering such Transactions and shall not be affected in any manner by this site. Users should rely exclusively on their own counsel, accountants and other similar expert advisors for legal, accounting, tax and other similar expert advice concerning specific Transactions, or hedging strategies. National Oilwell Varco is not furnishing advice concerning specific Transactions or hedging strategies to Users of this site. In this regard, User acknowledges and agrees that (i) National Oilwell Varco and its affiliates may enter into Transactions with Users or other counterparties, (ii) if National Oilwell Varco and its affiliates contract with such Users or counterparties in respect of such Transactions, it will be as independent third parties on an arms-length basis and nothing relating to this site shall be construed as creating a fiduciary or other advisory relationship between any User and National Oilwell Varco and its affiliates in respect of any such Transactions, and (iii) the User will take advice from third parties (including legal, financial, tax and accounting advisors with respect to legal, financial, tax, accounting and similar matters as such User deems appropriate in connection with their entering into and maintaining their position in such Transactions and will not rely on National Oilwell Varco in connection with such matters.


Compliance With United States Export Controls

Some Material on this site may be subject to export controls imposed by the United States of America and may not be exported or reexported, including downloading or printing from a location outside the United States. User acknowledges that it is familiar with the United States Department of Commerce regulations concerning the export or re-export of United States source technical data, or the direct product thereof, to unauthorized destinations and User agrees to abide by all such regulations in respect of all information supplied by or on behalf of National Oilwell Varco hereunder. User represents that if they download or print the Materials, they are not located in, are not under the control of, and are not a national or resident of any country to which the United States has placed an embargo, including, but not limited to, Cuba, Iraq, Libya, North Korea, Iran and Syria, and that they are not on the U.S. Treasury Department's Specialty Designated Nationals List or the U.S. Commerce Department's Table of Deny Orders.


Miscellaneous

THESE TERMS AND CONDITIONS shall be construed in accordance with the laws of the State of TEXAS, without GIVING regard to the choice of law provisions of the state. In the event that any provision of these Terms and Conditions or any part hereof is found invalid or unenforceable, the remainder of these Terms and Conditions will be binding on the parties hereto and will be construed as if the invalid or unenforceable provision or part thereof had been deleted. This is the entire understanding of the parties relating to the matters referred to herein. National Oilwell Varco may amend these Terms and Conditions, and the agreement they create, at any time simply by updating this posting and without notice to User.


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