Payment: Net 15 days 1.5% per month (18% annually) late fee on accounts over 30 days All collection costs will be paid by client.
In consideration for credit being extended by PEI Logistics/PEI, Inc., I or we acknowledge and agree to the following: (1) Payment for all work supplied by PEI Logistics/PEI, Inc. is
jointly, severally and unconditionally guaranteed within 15 days of invoice date; (2) any charges unpaid after 30 days are subject to a late fee of 1.5% per month (18% annually);
(3) any charges still outstanding after 60 days from date of invoice are subject to collection, and all collection or arbitration expenses, attorney's fees and court costs will be borne
by the purchaser; (4) all claims, requests for adjustments, or notification of errors must be made in writing, within 30 days of invoice date: or charges are considered accepted;
(5) in the case of freight collect shipments made on behalf of and/or at the request of account holder, both shipper and consignee are jointly and severally liable for payment for
all work supplied by PEI Logistics/PEI, Inc. and freight collect invoices remaining unpaid after 60 days will be re-invoiced to the account holder; (6) this agreement shall apply to all
current and future invoices unless revocation is received by registered mail; (7) credit privileges may be withdrawn at anytime, without notice and without invalidating the terms of this
agreement; (8) In the absence of a declared value It is agreed that PEI Logistics' limit of liability is $50.00 minimum or $0.50 per pound and PEI, Inc's. limit of liability is $100,000.00
per truck load; (9) in the case of cargo tendered to PEI Logistics and/or PEI, Inc., on shippers bill of lading or any document other than PEI Logistics'' air waybill or PEI, Inc's bill of
lading it is agreed that PEI Logistics and/or PEI, Inc., is not agreeing to any terms and/or conditions as stated on said document and that PEI Logistics' and/or PEI, Inc's., terms and
condition will always take precedence over all others; and (10) all work is subject to the Terms and Conditions above and to additional Terms and Conditions as listed on the reverse
side of PEI Logistics Air Waybill/PEI, Inc. Bill of Lading and corporate website located at www.shippei.com.