CHARGE ACCOUNT TERMS AND CONDITIONS

IT IS AGREED AS FOLLOWS:
 
Buyer agrees with seller to pay for all purchases upon receipt of monthly statement. Charges billed, but not paid by the 30th day following the month of invoice be considered delinquent and subject to finance charges.

The FINANCE CHARGE for individuals is computed by a periodic rate of 20% per month which is an ANNUAL PERCENTAGE RATE OF 20% applied to the "Previous Unpaid Balance less Current Credits." Current credits are payments or credits received by 9:00 A.M. on the 30th day of the following month. The minimum payment due will be payment of Buyer's indebtedness in full. If not paid, Dominion Office Supplies Ltd, may declare the unpaid balance due and payable immediately. Buyer agrees to pay collection expenses, including reasonable attorney's fees and court costs, if it is necessary to collect through legal action.

Buyer assumes full responsibility for all materials purchased from Dominion Office Supplies Ltd ,Buyer agrees to be personally liable for all charges and individually guarantees payment of all charges promptly. Buyer agrees to notify Dominion Office Supplies Ltd within 10 days in writing of receipt of monthly statement of any in billing. Failure to so notify Dominion Office Supplies Ltd signifies total acceptance and responsibility for prompt payment in full of account.

All goods will remain the property of Dominion Office Supplies Ltd until paid for in full.

If materials are ordered to be delivered to a construction job site, the buyer assumes liability for the materials at the time of delivery whether or not buyer's representative is on hand to acknowledge receipt of delivery. Buyer agrees to pay standard delivery charges as billed.

Buyer agrees that no refund will be granted unless merchandise is returned within 30 days with invoice and in original sales condition. Buyer agrees to supply Dominion Office Supplies Ltd with "Notice of Commencements", purchase orders, job numbers, job addresses, and a current list of employees permitted to order, pickup, and sign for merchandise.

Dominion Office Supplies Ltd reserves the right to send out "Notice to Owners" and file Liens on past due accounts and use any legal means available to force collection if necessary.