This Terms and Agreement is made and entered into by and between Ascend Group (hereinafter referred to as the "Seller") and the Applicant (hereinafter referred to as the "Applicant").

Whereas, the Applicant has requested to open an account with the Seller for the purpose of obtaining goods and/or services on a credit or cash on delivery (COD) basis, the following terms and conditions shall apply:

1. Credit terms are Net 30 Days from invoice date unless otherwise stated and arranged.

2. Payments for COD account orders must be received before the order can be picked up or delivered.

3. All invoices shall be payable net and all arrears and overdues will bear interest at the minimum rate of 2% per month or 24% per annum.

4. A $50.00 fee will be charged for any cheque returned NSF or cancelled by the payee. Replacement cheques must be certified.

5. All short shipments must be reported within 24 hours of receipt of goods. Any damage must be noted on the packing slip or waybill at time of delivery.

6. Merchandise may only be returned with prior authorization from the seller (RMA number will be provided).

7. Cancellation: The Seller reserves the right to cancel facility at any time without prior notice to the Applicant.

8. Credit Investigation: The Applicant and undersigned shall provide to the Seller on an ongoing basis such financial information as may be requested and consents to the verification of all information contained in the Application or further information which may subsequently be provided in the future and such personal information as may be deemed necessary. All bank and other credit references indicated are authorized to provide whatsoever information as may be requested by the Seller or its Agents.

9. Further to all credit terms that have been previously outlined by Ascend Group and the company, each and all individuals of the undersigned do hereby, jointly and severally, unconditionally and irrevocably; guarantee all indebtedness that have been incurred on the abovenoted credit account, together with all other related costs including legal and collection costs that have been incurred by Ascend Group while in the process of recovering all funds owing to us on this account.

The undersigned hereby declares that all of the information supplied in the Credit Application and Agreement is true and accurate and that I am authorized to request an account from Ascend Group Futhermore, by signing below, I consent and authorize Ascend Group to obtain from any credit reporting agency or other source, such information as Ascend Group may deem appropriate, at any time with the credit hereby requested.