Contractor′s Supplies, Inc.

Please provide credit references. Omission to provide fax numbers or email addresses will result in a delay of account approval.

Credit Reference 1
Name

City and State

Phone

Fax

E–Mail

Credit Reference 2
Name

City and State

Phone

Fax

E–Mail

Credit Reference 3
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City and State

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Fax

E–Mail

Contractor′s Supplies, Inc. bills customers throughout the month. The total invoiced amount is due and payable within 30 days from the date of the invoice. If the total invoiced amount is not paid by the last day of the following month the account is past due and a service charge may be made, calculated on the last day of each month on the balance as of the last day of the previous month, (less payments and credits to said balance), until payment in full is made. Service charges on past due accounts will not exceed 1.5% monthly with an annual percentage rate of not more than 18%. If this account becomes delinquent it is hereby agreed that Applicant will pay for all collection agency fees and/or legal fees that are paid by Creditor to collect this account.

GUARANTY AGREEMENT:
In consideration of credit being extended by Contractor’s Supplies, Inc. to the named applicant for merchandise to be purchased, whether applicant be an individual or individuals, a proprietorship, a partnership, a corporation or other entity, the guarantor or guarantors each hereby contract and guarantee to Contractor's Supplies, Inc. the faithful payment, when due, of all accounts of said applicant for purchases made upon activation of this account (at time of first charged purchase). The guarantor or guarantors each hereby expressly waive all notice of acceptance of this guaranty notice of extension of credit to applicant, presentment, and demand for payment on applicant, protest and notice to guarantor or guarantors of dishonor or default by applicant or with respect to any security held by Contractor’s Supplies, Inc., extension of time of payment to applicant, acceptance of partial payment or partial compromise, all other notices to which the guarantor or guarantors might otherwise be entitled and demand for payment under this guaranty.

Any revocation of this guaranty shall be in writing and delivered to:
Contractor′s Supplies, Inc.
304 Webber Street
PO Box 150140
Lufkin, Texas 75915–0140.

All invoices due and payable to:
Contractor′s Supplies, Inc.
PO Box 150140
Lufkin, Texas 75915–0140.

Activation of this account occurs upon first charged purchase at which time applicant agrees to the Terms and Conditions of the account as stated above.