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CREDIT APPLICATION FOR BUSINESS ACCOUNT

Terms and Conditions. *“The undersigned agrees to the following on behalf of the Applicant and also represents that the undersigned is authorized by the Applicant to act on behalf of the Applicant. Unless otherwise noted, all of the following provisions are true. Applicant hereby authorizes the creditor to obtain credit information from any source and authorizes any source to provide the creditor with all credit information it requests and agrees that all invoices received from the creditor are due 30 days from date of each respective invoice. If any invoice is unpaid 30 days after the invoice date, interest shall accrue at the lesser of 18% per annum or the maximum amount allowed by law. Applicant agrees that all of creditor’s invoices shall be payable Houston, Harris County, Texas. By signing this application, applicant agrees to be bound by any term and conditions of creditor which may appear on the front or back of any shipping document, delivery document, or any invoice, regardless of whether the same is signed by applicant. Applicant is aware that creditor is relying on the representations contained herein to be true and applicant also represents that it is current on all bills and has a present ability to pay all its bills as they become due. In the event the creditor has to resort to legal means to collect any indebtedness owed to creditor, applicant and its guarantors agree to pay actual costs and attorney fees. Applicant agrees to indemnify and hold harmless the creditor for all costs, attorney fees and damages resulting from any action or inaction of applicant. In the event of a dispute, applicant agrees to pay any and all undisputed charges within the creditor’s normal net 30-days payment terms. In the event applicant does not pay any invoice of creditor within 30 days of the invoice date, applicant agrees to promptly furnish to creditor, upon request, copies of the leases concerning property for which creditor supplied goods and services; the failure to do so will cause applicant to pay for all costs and fees incurred by creditor to procure copies of such leases and applicant hereby agrees to pay creditor for all costs and fees so incurred. Payments will be applied first to outstanding costs and attorney fees, then to outstanding interest and then to outstanding principal. Creditor shall be entitled to apply all payments received from applicant to any amount owed by applicant in any order creditor chooses, and the same shall not be considered a waiver of any rights outlined herein. Specifically, it is agreed by all parties that creditor may apply payments to invoices of its choosing regardless of any instruction by debtor, unless creditor agrees to the contrary in a signed writing. Applicant hereby agrees that the creditor make no guarantees or warranties on any goods or services sold to any applicant and applicant shall not allege to the contrary. There are no warranties, expressed or implied of merchantability, fitness for a particular purpose or otherwise concerning the goods or services creditor may provide to applicant. In consideration of the extension of credit by creditor, the undersigned agrees to be bound by all the preceding terms and conditions.” Applicant hereby authorizes the creditor to obtain credit information from any source and authorizes any source to provide the creditor with all credit information it requests and agrees that all invoices received from the creditor are due 30 days from the date of each respective invoice. If any invoice is unpaid 30 days after the invoice date, interst shall accrue at the lesser of __ % per annum or the maximum amount allowed by law. BY SIGNING THE APPLICATION, YOU AUTHORIZE CREDITOR TO MAKE INQUIRIES REGARDING BANKING AND BUSINESS/TRADE REFERENCES WHICH YOU HAVE SUPPLIED. IF CREDIT IS DENIED, YOU HAVE 60 DAYS WITHIN WHICH TO REQUEST A WRITTEN EXPLANATION. FURTHER, THE PERSON SIGNING BELOW HAS AUTHORITY FROM THE COMPANY TO SIGN ON ITS BEHALF.“I agree to the terms and conditions in the user agreement.”