

Audiovox Electronics Corporation (“Audiovox”) will repair the damaged equipment or will reimburse an amount equal to the fair market value of the equipment or the original purchase price of the equipment, whichever is less, up to the maximum amount set forth for the Connected Equipment Guarantee for this power conditioner. The fair market value of the equipment shall be the current value of the equipment specified in the most recent edition of the Orion Blue Book by Orion Research Corporation, R