COMMERCIAL CREDIT AGREEMENT

FBM Canada GSD, Inc.

Brian Delacruz

Please submit signed applications to [email protected] or via fax to (616) 365-5198

CUSTOMER'S LEGAL NAME

CUSTOMER'S TRADE NAME
ADDRESS
P.O. BOX CITY ___ PROVINCE
POSTAL CODE _________ _____ TELEPHONE ________________________ CELLULAR ________________________ FAX ______________________
CORPORATION ( ) PARTNERSHIP ( ) PROPRIETORSHIP ( ) OTHER _____________________________
LINE OF BUSINESS
NO. OF EMPLOYEES DATE OPERATION BEGAN (under present ownership)

OFFICERS AND DIRECTORS / PARTNERS OR SHAREHOLDERS / PROPRIETOR (If Proprietor, also complete Page 3)

1. NAME TITLE S.I.N. #

2. NAME TITLE S.I.N. #
3. NAME TITLE S.I.N. #
ACCOUNTS PAYABLE CONTACT TELEPHONE (If different from business number above)__________________

SPECIAL REQUIREMENTS? _________________________________ INVOICE COPIES: one ( ) two ( ) three ( ) P.O.’s REQUIRED? Yes ( ) No ( )
MAY WE SEND INVOICES AND STATEMENTS VIA EMAIL? YES ( ) EMAIL ADDRESS _______________________________________________
Tax-exempt? Yes ( ) No ( ) TAX CERTIFICATE NO. ______
RELATED BUSINESSES
SUPPLIER REFERENCES:

NAME ADDRESS TELEPHONE FAX

1.
2.
3.
4.
FINANCIAL REFERENCES:

BANK ACCOUNT NO.

BRANCH TELEPHONE
Account Manager
Type of Account: Checking ( ) Savings ( ) Loan ( ) Line of credit ( )
FINANCIAL STATEMENTS AVAILABLE IN CONFIDENCE? YES ( ) NO ( ) FISCAL YEAR END DATE
AMOUNT OF CREDIT REQUESTED (BASED ON TWO MONTHS' PURCHASES) $
HAS THE APPLICANT BUSINESS OR ANY OF ITS OFFICERS, PARTNERS, DIRECTORS OR THE APPLICANT PROPRIETOR, BEEN PREVIOUSLY BANKRUPT:
YES ( ) DATE: _____________________ NO ( )
By signing below, the Customer confirms that it has read, understands, and agrees to be bound by the Credit Agreement found at page 2 of this Credit
Application.
The Customer acknowledges that the Customer’s agreement with the terms and conditions of the Credit Agreement is a condition precedent to the granting of
credit privileges to the Customer by FBM Canada GSD, Inc. or any of their affiliates or subsidiaries. The Customer hereby authorizes FBM to receive and
exchange credit information in connection with the Customer’s Application for Credit and any ongoing credit transactions including credit agency and
background checks. The Customer authorizes the bank named in the Application for Credit to release information to FBM.

SIGNATURE DATE _____________________________________

NAME (print) TITLE______________________________________

1
 COMMERCIAL CREDIT AGREEMENT
FBM Canada GSD, Inc.

Subject to the issuance of a Credit Approval Letter, FBM Canada GSD, Inc. and any affiliates or subsidiaries thereof (collectively referred to
in this agreement as "FBM") agrees to grant credit privileges to the CUSTOMER (as defined in the Application for Credit) on the following
terms and conditions:

1. THIS AGREEMENT AND ALL MATTERS RELATING TO THE GRANT OF CREDIT PRIVILEGES AND THE PROVISION OF PRODUCTS AND
SERVICES BY FBM TO THE CUSTOMER SHALL BE GOVERNED BY FBM’s CANADA TERMS AND CONDITIONS OF SALE, WHICH CAN BE
FOUND AT www.fbmsales.com/salesterms. THE CUSTOMER EXPRESSLY ACKNOWLEDGES AND AGREES THAT THE TERMS AND
CONDITIONS FORM PART OF THIS AGREEMENT AND ARE BINDING ON FBM AND THE CUSTOMER. THE CUSTOMER EXPRESSLY
WARRANTS THAT THEY HAVE REVIEWED AND UNDERSTAND THE TERMS AND CONDITIONS, THEY AGREE TO BE BOUND BY THE
TERMS AND CONDITIONS, AND THEY UNDERSTAND THAT THE CUSTOMER’S AGREEMENT WITH THE TERMS AND CONDITIONS IS A
PRE-CONDITION TO THE GRANTING OF CREDIT TO THE CUSTOMER BY FBM.
2. FBM shall grant the Customer credit to purchase products and services to the amount of the Credit Limit (as defined in the Credit Approval Letter).
3. The Customer agrees to pay all amounts invoiced during any one month on or before the Required Payment Day (as defined in the Credit Approval
Letter), and to pay a service charge at the Late Payment Service Charge Rate of 18% annually on invoiced amounts unpaid on the Required
Payment Day.
4. Where FBM furnishes products and services to the Customer for an improvement or project which falls under one general contract, then for the
purposes of the Builders’ Lien Act, Mechanics Lien Law, or similar legislation (as applicable) all such building materials and supplies shall be deemed
to be provided under one continuous contract. FBM may, at its sole discretion, apply payments to such invoices as it determines appropriate.
5. The Customer shall pay to FBM the costs and expenses incurred by FBM to recover any overdue amounts, including any legal fees and
disbursements incurred by FBM on a full indemnity basis, whether described as solicitor and their own client costs, special costs, or otherwise, with
interest on such costs at the Late Payment Service Charge Rate.
6. No extensions, indulgences, discounts or waivers granted by FBM to the Customer shall in any way affect or prejudice the rights of FBM to recover
sums due and owing by the Customer and to enforce strictly the terms of this agreement.
7. FBM shall have the right, in its sole and absolute discretion, to amend the Credit Limit, Required Payment Day, Late Payment Service Charge Rate
or any other term of this agreement, from time to time, or without notice to cancel this agreement at any time.
8. The Customer hereby warrants and confirms that the information provided in the Application for Credit is true, accurate and complete.
9. The Customer hereby authorizes FBM to receive and exchange credit information in connection with the Customer’s Application for Credit and any
ongoing credit transactions including credit agency and background checks. The Customer authorizes the bank named in the Application for Credit
to release information to FBM.
10. A facsimile or electronic transmission of this Application for Credit and Credit Agreement is sufficient for acceptance of liability.

CONTRACT FOR THE PURCHASE AND SALE OF BUILDING MATERIALS

IN CONSIDERATION OF FBM CANADA GSD, INC. providing building materials to

____________________________________________________________________________
(Company Name (the “Purchaser”))

from time to time upon credit, The Purchaser and _________________________________________________________

(Individual’s Name (the “Co-Purchaser”))

hereby jointly and severally agree to pay for those building materials in full by the Required Payment Day, failing which, interest at the rate
of 18% per annum on any unpaid balance shall be payable.

The PURCHASER and CO-PURCHASER also jointly and severally agree to pay full indemnity costs, whether described as solicitor and
their own client costs, special costs, or otherwise, and any and all other costs incurred in the collection of any overdue account.

The CO-PURCHASER hereby waives the right to require FBM Canada GSD, Inc. or their respective affiliates or subsidiaries (“FBM”) to
proceed against the PURCHASER or to proceed against or to exhaust any security held from the PURCHASER or to pursue any other
remedy whatsoever which may be available to FBM before proceeding against the CO-PURCHASER.

FBM is authorized to obtain credit information on the PURCHASER and CO-PURCHASER, including cause to conduct personal credit
investigation.

SIGNING THIS AGREEMENT AS “CO-PURCHASER” MEANS PERSONAL LIABILITY.

Date: __________________________ PURCHASER: ___________________________

(Company Name)

Per: ______________________________
(Signatures of Authorized Officer(s))

CO-PURCHASER: _________________________
(Individual’s Signature)
2
 COMMERCIAL CREDIT AGREEMENT
FBM Canada GSD, Inc.

AN APPLICANT FOR CREDIT WHO IS A SOLE PROPRIETOR SHALL PROVIDE THE FOLLOWING ADDITIONAL INFORMATION:
(all Items with an ** asterisk must be completed)

DATE OF BIRTH **S.I.N. MARITAL STATUS

SPOUSE NAME NO. OF DEPENDENTS

**RESIDENCE: OWNED ( ) RENTED ( ) * *ADDRESS

__________________________________________________________________

**CITY _____ **PROVINCE _________ **P.O. BOX

**POSTAL CODE **TELEPHONE _____

**VEHICLE: OWNED ( ) LEASED( ) **MAKE ____ **MODEL __ _____________ **YEAR _ ____ **PLATE NO. _____________

**EMPLOYER NAME **TELEPHONE __________________

The undersigned acknowledges that this page is an integral part of the Application for Credit.

SIGNATURE

NAME (print)

DATE