1.16 Pricing and Payment terms

1.) Pricing shall be subject to change without notice due to raw material increases. The customer shall be responsible to confirm all prices at the placement of the order.

2.) Pricing on all quotations may be honored for a period of 30 days. After that period Decorative Molding Ideas reserves the right to implement increases as required.

3.) All CASH SALE invoices require a 50% deposit and shall be paid prior to the release from our factory. CASH SALES that require shipping, the charges will be included within the sale prior to the release of products to any carrier company.

4.) Acceptable methods or payment: Cash, Debit, Visa, MasterCard, American Express, Money Orders or Bank Drafts. The acceptance of checks from non –credit accounts must be certified prior to the release of products. No exceptions.

5.) CREDIT ACCOUNTS- are subject to a credit application. Decorative Molding Ideas Inc. reserves the right to decline credit accounts based on credit application returns or new developments at any time. All accounts will be subject to a credit review once a year or as required. All credit accounts must comply with probation period of cash sales for the first 3 or more sales based on order values. Upon acceptance of a credit account, all invoices are due within 30 days for the date of issue. A discount of 5% shall be applied to all CREDIT accounts paid within the 30-day period.

6.) NSF checks will be subject to a financial charge of $40.00. A replacement check shall be provided to our office, upon notice in order to maintain credit standing within the DMI accounting department.

7.) Past Due amounts will be subject to a 3% monthly service charge. All accounts have proceed beyond 90 days will be placed on hold, until further payment arrangement have been made within the DMI office. Accounts beyond 120 Days will be transferred over to our legal department.