MicroMetric clients may apply to charge service invoices and material invoices whose
value is under $100. The procedure to apply is to complete
MicroMetric, Inc. CREDIT AGREEMENT. NO CREDIT WILL BE EXTENDED TO
ANY CLIENT THAT DOES NOT SIGN THIS GENERAL GUARANTY SECTION.
For clients that have established credit, MicroMetric invoices hardware and software
at the time of purchase, and invoices services after they are performed. Hardware/software
invoices over $100. in value must be paid for at the time of purchase.
All invoices are payable upon receipt and past due
ten (10) days after the invoice
Invoices not paid within ten (10) days will receive a
LATE FEE of five percent (5%), with a minimum
LATE FEE charge of ten dollars ($10.00).
An eighteen (18) percent per annum finance charge will be made at the first of the
month on each invoice whose age is greater than the thirty (30) day grace period.
The Minimum Finance charge to be assessed per account per month is $10.00
Those customers who allow invoices to age to sixty (60) days will be placed on WORK
HOLD. The WORK HOLD will remain in effect until all Past Due invoices (those whose
age is greater than thirty (30) days), including those for Finance Charges, are
paid and the account becomes current.