3 References Required. Include company name, contact name, company address, and contact phone number for each.

BANKING INFORMATION

By typing your complete legal name in the space provided below, you affirm and acknowledge your comprehension and consent that, within the context of this application, your digital signature shall be accorded the same validity and authority as an official, authorized signature.

In consideration of New Distributing, Inc. extending credit to the previously stated Business entity, said Business Entity, by and through its undersigned duly authorized representative, agrees and covenants to pay according to the terms of New Distributing’s invoice, the full amount due. TERMS ARE NET 10 DAYS FROM INVOICE DATE unless agreed otherwise in writing. To pay interest at the rate of 1.5% per month (18% per annum) on any unpaid past due amount. Payments will be applied first to unpaid interest charges and then to purchases in order of purchase date. If the Business Entity defaults or fails to timely pay an amount when due, then to pay reasonable attorney fees, expenses, travel expenses, and court costs and to reimburse New Distributing’s reasonable costs for any employee’s time spent in collection efforts or lawsuit proceedings. If New Distributing Inc. gives written notice of a proposed change in the agreement, that such change will become effective on all future purchases once the notice is received by the Business Entity or within five (5) days after the notice is sent, whichever is earlier; and all parties agree that this change will become effective as to all past purchases, unless the Business Entity objects to said change within fifteen (15) days after notice given. All payments shall be mailed to New Distributing’s address as stated on the invoice. However, if the Business Entity is in default of any term of this or any other agreement with New Distributing, Inc. and received notice of default or a demand for past due payment, then all past due payments shall be due and payable and the Business Entity covenants to deliver them to PO Box 1247 Victoria, TX 77902. All payments by the individual guarantor are due at the above stated address in Victoria, Texas. In the event a check is returned to New Distributing, Inc. by the customer’s bank for non-sufficient funds, the customer is required to replace the NSF check, plus a $30 returned check fee. This payment must be made with cashier’s check or money order. All parties agree that venue for any action between the parties shall be in Victoria County, Texas. 

The named customer as listed in this Credit Application hereby authorizes New Distributing, Inc. entries to customers' bank account indicated below and the bank named below to debit such transactions to such bank. 

All other credit, terms of sale and requirement between Customer and New Distributing, Inc. remain in effect and it is understood that this authorization is subject to credit approval by New Distributing, Inc.