The client accepts that payment terms are Net 30 days, with 2% interest monthly (or 24% annual) for all accounts outstanding. Invoices and statements of account are assumed correct, accurate and final, if the client does not notify EWMC by written notice within 10 days of the invoice date. The client accepts to assume all costs in the event that EWMC incurs expenses or financial loss in the collection of oustanding and/or unpaid accounts, such as NSF bank fees, legal fees, and all other general fees. In assuming such costs, the client will reimburse EWMC completely, and renounces all benefit of discussion, negotiation or division. The client accepts to promptly notify EWMC in writing, of all changes to its business which may affect the credit and credit conditions agreed to by EWMC. Such instances include changes to available funds, working capital, profitability, going concern, changes in management, structure, governance, and/or ownership. In such circumstances a new credit application and convention must be established. The client accepts that if the client fails to respect the conditions prescribed in these terms and conditions, the totality of the debt outstanding by the client will become due and payable at a time of the discretion of EWMC, which may be immediately, notwithstanding contradictory dispositions. The client accepts that EWMC reserves the right to revise and amend, by increasing or decreasing, the authorized credit limit, at its discretion. The client accepts that EWMC shall not be held responsible, directly or indirectly, for any loss, expense or damage incurred by the client from an amendment or withdrawal, whether temporary or permanent, to the credit privileges allocated under this agreement. The client accepts that no merchandise may be returned without the consent and approval of EWMC, and that in cases of breach of this term, the client may be charged handling fees, as well as other fees as prescribed in any specific sales agreement. I, the undersigned, understand and accept the above terms and conditions, declare that all information provided in this application form is truthful, and understand that this informaton is subject to verification.