WEB SITE TERMS AND CONDITIONS OF USE

PLEASE READ THESE TERMS AND CONDITIONS OF USE CAREFULLY BEFORE USING THIS WEB SITE. BY USING THIS WEB SITE, YOU AGREE TO THESE TERMS AND CONDITIONS. IF YOU DO NOT AGREE TO THESE TERMS AND CONDITIONS, DO NOT USE THIS WEB SITE.

We reserve the right to revise these Terms and Conditions or any portion of them at any time, without notice, by updating this posting. You are bound by any revisions and should periodically visit this page to review the current Terms and Conditions that apply to your use of our Web site. If you violate any of these Terms and Conditions, your permission to use the content contained in our Web site automatically terminates and you must immediately destroy any copies you have made of the content.

This Web site is provided by Kadant Inc. and may be used for informational purposes only. Throughout these Terms and Conditions, the words "we," "us," "our" and "Kadant" refer to Kadant Inc., its subsidiaries and affiliates.

Copyright and Trademark Information
Copyright 2004 Kadant Inc. All rights reserved.

All of the trademarks, service marks and logos displayed on this Web site are registered and unregistered trademarks of Kadant or third parties who have licensed their trademarks to Kadant. This Web site and the information that it contains ("Content") is the property of Kadant, its affiliates and licensors, and is protected from unauthorized copying and dissemination by United States copyright law, trademark law, international conventions and other intellectual property laws. You are only permitted to use this Web site and its Content as expressly authorized by Kadant. Nothing contained herein transfers any express or implied right, title or interest in the Web site or its Content to you.

Use of Kadant Web site and Content
You may download, view, copy and print Content from our Web site, subject to the following:

(a) Content may be used solely for personal, informational, or noncommercial purposes and may not be used for any public or commercial purpose;
(b) any and all copyright, trademark and other proprietary rights notices must appear on all copies, including the copyright notice at the bottom of the page;
(c) Content may not be modified or altered in any way; and
(d) no graphics may be used separate from accompanying text.

Except as provided above, you may not use, download, upload, copy, print, display, perform, reproduce, publish, license, post, transmit, frame, mirror on another Web service, use any meta tags, inline any graphics or distribute any Content from our Web site in whole or in part without the prior written permission of Kadant. Any rights not expressly granted herein are reserved. Nothing on this Web site shall be construed as conferring any license under any of Kadant's or any third party's intellectual property rights, whether by estoppel, implication, or otherwise. Kadant prohibits the use of any Kadant trademark, or any related graphic, as a "hot link" or "hyperlink" to any Web site unless expressly approved by Kadant.

Links to Third-Party Sites
Links to third-party Web sites on our Web site are provided solely as a convenience to you. When you use these links, you will leave our Web site. By providing these links, we are not endorsing, adopting or agreeing with any of the content of the linked sites or the products or services of that third party. We do not review or control the content of third-party Web sites and that content is not part of our Web site. We expressly disclaim any responsibility for the content of any third-party Web sites linked to our Web site or the products or services of that third party. We do not make any representations regarding the content or accuracy of materials on third-party Web sites or the products or services of third parties.

Stock Price Disclaimer
The stock price performance shown on stock quotes available on or through our Web site is not necessarily indicative of future price performance. All material is for informational purposes only and no material (including, without limitation, stock quotes or company information) is intended to be relied upon for trading or investment purposes. Kadant will not be responsible for any trading or investment decisions made based on such Content.

Securities Law Statutory Safe Harbor
The following constitutes a "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995. Our Web site contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements are statements concerning possible or assumed future results of operations and are based upon the beliefs and assumptions of our management, using currently available information. When we use words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "should," "likely," "will," or similar expressions, we are making forward-looking statements. You should not put undue reliance on any forward-looking statements. Important factors that could cause our actual results to differ materially from those indicated by such statements include risks and uncertainties relating to our dependence on the pulp and paper industry; international sales and operations; competition; ability to manufacture and distribute composite building products, and the seasonality in sales and the long-term performance of such products; availability of raw materials and exposure to commodity price fluctuations related to the manufacture of composite and fiber-based products; acquisition strategy; protection of patents and proprietary rights; fluctuations in quarterly operating results; covenants and obligations, or other consequences, arising from our spinoff by Thermo Electron Corporation. A more detailed description of these risks and uncertainties are set forth under the heading "Risk Factors" and "Forward-Looking Statements" in Kadant's most recently filed annual report on Form 10-K and subsequent filings with the Securities and Exchange Commission. These filings are available from Kadant upon request and without charge. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, further events, or otherwise.

Disclaimers
Kadant does not warrant that its Web site will operate error-free or that its Web site and its server are free of computer viruses and other harmful components. If your use of our Web site or the Content results in the need for servicing or replacing equipment or data, Kadant is not responsible for those costs.

YOU ASSUME TOTAL RESPONSIBILITY AND RISK FOR YOUR USE OF OUR WEB SITE. THIS WEB SITE AND ITS CONTENT, INCLUDING PRODUCT SPECIFICATIONS, ARE PROVIDED 'AS IS' WITHOUT ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT OF THIRD PARTIES' RIGHTS OR FITNESS FOR A PARTICULAR PURPOSE. KADANT MAKES NO REPRESENTATIONS OR WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS OR TIMELINESS OF THE CONTENT, SERVICES, SOFTWARE TEXT, GRAPHICS AND LINKS ON ITS WEB SITE. SOME JURISDICTIONS DO NOT ALLOW FOR THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSIONS MAY NOT APPLY TO YOU.

UNDER NO CIRCUMSTANCES SHALL KADANT BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL, EXEMPLARY, MULTIPLE OR OTHER INDIRECT DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, THOSE RESULTING FROM LOST PROFITS, LOST DATA OR BUSINESS INTERRUPTION) ARISING OUT OF THE USE, INABILITY TO USE, OR THE RESULTS OF USE OF OR RELIANCE ON THIS WEB SITE, ANY WEB SITES LINKED TO THIS WEB SITE, OR THE CONTENT CONTAINED ON ANY OR ALL SUCH WEB SITES, OR ANY CLAIM ATTRIBUTABLE TO ERRORS, OMISSIONS, OR OTHER INACCURACIES ON THIS WEB SITE, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL THEORY AND WHETHER OR NOT KADANT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

International Users
This Web site is controlled and operated in whole or in part by Kadant from its offices within the United States of America. Kadant makes no representation that information on this Web site is appropriate or available for use outside the United States. Those who choose to access this Web site from outside the United States do so on their own initiative and are responsible for compliance with local laws, if and to the extent local laws are applicable.

Indemnification
By using this Web site, you agree to defend, indemnify and hold harmless Kadant, its subsidiaries, affiliates, officers, directors, employees and agents, from and against any claims, actions or demands, losses, liabilities, and all costs and expenses of defense, including, without limitation, reasonable legal and accounting fees, alleging or resulting from your use of the Content (including software) or your breach of these Terms and Conditions.

General Information
These Terms and Conditions represent the entire agreement between you and Kadant relating to the subject matter herein and shall not be modified except by Kadant by updating this posting as provided herein or through a written document signed by both parties.

If any provision of these Terms and Conditions is held invalid or unenforceable by any court of competent jurisdiction, that provisions will be deemed severable and will not affect the validity and enforceability of the remaining provisions. Kadant may, at its sole discretion and without notice, revise such invalid or unenforceable provision of these Terms and Conditions with a valid and enforceable provision that will achieve, to the extent possible, the economic, business and other purposes of such invalid or unenforceable provision, by updating this posting.

These Terms and Conditions are governed by and shall be construed in accordance with the laws of the Commonwealth of Massachusetts, United States of America, notwithstanding any principles of conflicts of laws. You agree that any legal action or proceeding between Kadant and you for any purpose concerning these Terms and Conditions or the parties' obligations hereunder shall be brought exclusively in a federal or state court of competent jurisdiction sitting in the Commonwealth of Massachusetts, and all parties waive any objection to the personal jurisdiction or venue in such courts.

Acknowledgment
By accessing this Web site, you agree to all of these Terms and Conditions and to comply with all applicable rules and regulations, including, without limitation, U.S. export and re-export laws and regulations regarding the transmission of technical data exported from the United States or the country in which you reside. You acknowledge that you have read and understood these Terms and Conditions and that these Terms and Conditions have the same force and effect as a signed document.

Contacting Us
If you have any questions about our Terms and Conditions of Use, please use the Contact Us page.

Privacy Policy
Kadant is committed to protecting any personal information that you may provide to us through your use of our Web site. We believe it is important for you to know how we treat information about you that we may receive from this Web site.

Information Collected
In general, you can visit this Web site without telling us who you are or revealing any information about yourself. Our Web servers collect the domain names, not the e-mail addresses, of visitors. In addition, there are portions of this Web site where we may need to collect personal information from you for a specific purpose, such as to provide you with certain information you request. This information collected from you may include your name, address, telephone, fax number or e-mail address. This Web site is not intended for persons under 13 years of age. We do not knowingly collect personal information from or about children, and we do not knowingly market our products or services to children.

Use of Collected Information
Domain name information that we collect is not used to personally identify you and instead is aggregated to measure the number of visits, average time spent on the site, pages viewed, etc. We use this information to measure the use of our Web site and to improve the content of our Web site.

When other information is collected from you, such as your name and e-mail address, we use this personal information only to respond to your inquiry or to process your request. This information may be shared with other Kadant businesses, but only if necessary to fulfill your request or for related purposes.

We may share the personal information you provide with other companies we have hired to provide services for us. We do not share, sell or lease personal information about you to any third-parties for their marketing use. We will release information about you if you direct us to do so, if we are required by law to do so, or in other legally limited circumstances.

Contacting Us
If you have any questions about our Privacy Policy, please use the Contact Us page.