company agrees to pay invoices when billed according to net 30 day terms specified
and understands that interest will be charged after the 10th of the month at the rate of 1.5% per month, which
equates to 18.0% per year and agrees to pay such interest when billed. If balance is unpaid after 90 days, your
account will be on hold and subject to follow up calls to collect payment. We accept cash, checks, credit cards,
and ACH payments. As of June 1, 2022, SiYi America Hardware will impose a surcharge of 4.0 % on credit
card transactions. This surcharge is not greater than our cost of acceptance.
Customer has 90 days to dispute their statement. Payments will be applied first to accrued interest, fees and
the remainder to the reduction of the Principal Amount. In the event any collection action is brought against the
account, the applicant agrees to pay all costs and reasonable attorney fees. Any litigation brought by either
party as a result of any controversy or claim between the parties arising out of or relating to this account must
be brought in Harris County, Texas. The Applicant hereby gives authorization to SiYi America Hardware to
check any or all credit history and hereby agrees to indemnify, hold harmless and defend SiYi America
Hardware any and all liability resulting from their credit inquiry. It also agreed to and acknowledged that any
account receivable information may be reported to credit groups. In the event of a change of address: I/We
understand that we must notify SiYi America Hardware of any change in ownership and/or address in writing by
certified mail otherwise payment responsibility will remain with that of the undersigned