Hyliion Hypertruck Reservation
Terms & Conditions
1. Hyliion Hypertruck Reservation
By emailing or submitting at www.hyliion.com a completed Hypertruck Reservation Form to Hyliion, you are securing approximate priority for the purchase and delivery of a Hyliion Hypertruck (a “Reservation”), which will be based upon the date your Reservation is received by Hyliion. Hyliion reserves the right to rearrange priority at any time and for any reason as it deems appropriate in its sole discretion. You understand and acknowledge that (i) Hyliion has not completed the development or begun manufacturing of the Hyliion Hypertruck at the time of your Reservation, (ii) the actual Hyliion Hypertruck available for purchase may differ from the vehicle presented to you on Hyliion’s website and/or the ERX Reservation Form, including with respect to estimated costs, emission reduction projections and other specifications, and (iii) completing and executing a Hypertruck Reservation Form only secures your approximate priority for purchasing a Hyliion Hypertruck, but does not obligate you to purchase, or Hyliion to Sell, a Hyliion Hypertruck to you. Hyliion reserves the right to reject or cancel any Reservation at any time for any reason in its sole discretion.
2. Order Process
Your Reservation secures your opportunity to purchase a Hyliion Hypertruck, but does not constitute the purchase or order of a vehicle. When your priority position in Hyliion’s initial production queue nears, Hyliion will ask you to configure your Hypertruck(s). At that time, Hyliion and you will jointly create an order for your vehicle and you will receive a Purchase Agreement indicating the agreed upon specifications and the purchase price of the vehicle, which shall include estimates of any applicable taxes, duties, transport and delivery charges, and any other applicable fees. If you decide not to go through with your order at that time, your priority position and any benefits that come from that position will be forfeited.
3. Acknowledgements; Non-Transferable
You acknowledge and agree that any representation made by Hyliion or any other party regarding the Hyliion Hypertruck, including without limitation its production or delivery date and location, price, options, or similar detail is an estimate only and nonbinding in all respects. Your Reservation is expressly non-transferable and non-assignable to any other party without the prior written approval of Hyliion. Hyliion agrees not to make any public announcements that disclose any personal information provided in your Reservation without your prior consent. You hereby consent to Hyliion’s use of the information that you provide in connection with it processing your Reservation and conducting its business; provided, that Hyliion shall not share your information with any person or entity that has not agreed to keep such information confidential.