The undersigned Firm hereby makes application for credit and provides the information contained herein and/or attached hereto, which
warranted to be true and correct, for the purpose of inducing Ark Transportation, LTD., to make sales of goods and services to such Firm on
terms. It is understood that this information will be held in the strictest confidence. In consideration thereof, it is agreed that the
undersigned is an authorized agent of the Firm and is duly empowered to enter into and making binding agreements on its behalf. The
Firm authorizes Ark Transportation, LTD., to verify with third parties any of the information concerning the Firm submitted in this
application, including credit history which is information we understand that you are relying on for the purpose of granting credit.
Credit may be extended on open account, not to exceed Net 30 days from the invoice date. If credit is so extended by Ark Transportation,
the Firm agrees as follows:
That the Firm will pay when due, according to the terms established by Ark Transportation, LTD., not to exceed Net 30 from invoice date, all
invoices, statements, or any account balance due to Ark Transportation, LTD. any such payments to be made to Ark Transportation, LTD., at
P.O. Box 81752, Cleveland, OH 44181-0752, or at such other place or places as Ark Transportation LTD., may direct.
1. Maintenance of Credit Privileges - Continuation of credit privileges is dependent upon maintaining account in satisfactory condition.
The customer must adhere to Ark's Credit Policy Terms and Conditions.
Our policy is to suspend privileges of customers who accounts are not maintained on a current basis. All past due accounts are
subject to a late payment charge on the past due balance of the lesser of one and one-half percent (1.5%) per month (an annual
rate of 18%) or the maximum rate permitted by law. Reasonable collection costs, including attorney fees, incurred in collecting
payment for items will be charged and paid by the customer. This is in addition to any other rights we have because of the late
2. All orders, including but not limited to, electronic and verbal orders are subject to Ark Transportation, LTD. terms and
conditions. All orders placed with Ark Transportation LTD. shall be presumed delivered, properly billed, and received in
satisfactory conditions unless proper notification has been provided and confirmed received by Ark Transportation, LTD. within
ten (10) days of date the date of receipt.
3. Ark Transportation, LTD. at its sole discretion, may at any time cease further extensions of credit firm.