Mayfair Hotel Supply, Inc

MAYFAIR HOTEL SUPPLY, INC. CREDIT APPLICATION TERMS & CONDITIONS To establish credit with Mayfair Hotel Supply Company, Inc. “Company”, we request that the customer complete and sign our credit application and agreement. This information will be used exclusively by and will be held in confidence with the company. The undersigned “Applicant” warrants the information on the credit application and agreement to be true. All invoices are due and payable in accordance with the terms of sale. These terms are NET 10 DAYS unless otherwise noted in writing. Mayfair Hotel Supply Co., Inc requires a 50% deposit on any order over $1000.00 unless otherwise noted in writing. Mayfair Hotel Supply Co., Inc. may require payment in advance, or other payment arrangements if an account becomes delinquent, or a customer’s credit investigation precludes the extension of credit under normal terms and conditions. No payment deductions will be accepted under any condition without prior written approval. No returns will be accepted without prior written approval and subject to a restocking charge.

AGREEMENT The applicant herein makes application to Mayfair Hotel Supply Company, Inc. for credit. If credit is granted Applicant agrees to pay all bills when mandated. In the event payment is not made and this account is referred to a collector for collection, the applicant agrees to pay all costs of collection. Applicant also understands that all past due balances, over 30 days, shall be assessed a finance charge of 1.5% per month (18% annual rate). If suit or action by an attorney is instituted, applicant promises to pay reasonable attorney fees in said suit or action. It is specifically understood that all billings, accounts receivable and credit functions of this firm are processed through headquarters in Cook County, IL. Consequently, it is understood that in the event of suit or action, same shall take place in Cook County, IL. Applicants give their permission to Mayfair Hotel Supply Company, Inc. to verify the information stated herein. Applicant hereby authorizes the credit references listed on page 2 of this credit application and the bank listed below to release information pertinent to the establishment of a line of credit.

PLEASE TYPE OR PRINT

FIRM NAME: ______

AUTHORIZED SIGNATURE: ______(MUST BE OFFICER OR PARTNER)

Please Print or Type Name: ______Title:______Social Security #: ______Date: ______

In order to induce Mayfair Hotel Supply Company, Inc. “Company” to extend credit to the Applicant, the undersigned “Guarantor” hereby unconditionally and irrevocable guarantees payment of all sums due the Company by Applicant, including service charges, all costs of collection, including reasonable attorney’s fees, whether or not a lawsuit is commenced. Guarantor waives notice of acceptance, protest, or demand. Guarantor further consents, in advance, to any extension or modification of the terms and conditions of sale by the Company without notice to the Applicant.

______/____/______Guarantor Signature Date Social Security Number

Address: ______City: ______State: ______Zip: ______

Bank: ______Contact Name: ______Checking Account #: ______Savings Account # ______Phone: (______)______Fax: (______)______Address: ______City: ______State: ______Zip: ______

900 Morse Avenue ● Elk Grove Village ● Illinois ● 60007 ● Phone 847-631-0300 ● Fax 847-631-0308 Page 1 of 2 MAYFAIR HOTEL SUPPLY, INC. CREDIT APPLICATION PLEASE TYPE OR PRINT Firm Name: ______Federal Identification #: ______Phone: (_____)______Fax: (_____)______Bill To: ______Street Number/P.O. Box City State Zip Code Ship To: ______Street Number City State Zip Code Property: Owned Leased Mortgage Holder or Lessor: ______Mortgage Holder or Lessor Phone & Fax #: Phone:(_____)______Fax:(______)______Form of Business: Partnership Proprietorship Limited Liability Company Corporation in State of______Other:______List all Owners/Shareholders with Home Addresses and Social Security Numbers: 1. Name: ______Social Security #:______Street Number City State Zip Code 2. Name: ______Social Security #:______Street Number City State Zip Code 3. Name: ______Social Security #:______Street Number City State Zip Code How long established: Years: ____Months___ Anticipated Monthly Purchases:______Are you related to any other companies: No Yes-If yes, list company & address: ______Street Number City State Zip Code Accounts Payable Contact: ______Phone:(____)______Fax:(____)______

CREDIT REFERENCES We contact all references via fax; therefore fax numbers are mandatory for all references. All references must be trade references, please do not use utilities, retail stores or any of our competitors as a reference.

1. Vendor Name: ______Phone: (______)______Fax: (______)______

5. Vendor Name: ______Phone: (______)______Fax: (______)______900 Morse Avenue ● Elk Grove Village ● Illinois ● 60007 ● Phone 847-631-0300 ● Fax 847-631-0308 Page 2 of 2