The above information (page 1) is for the purpose of obtaining credit and is warranted to be true. FoodPRO Corporation (“FoodPRO”) is also hereby authorized to charge any of our purchases to the credit card account(s) set forth above. Applicant and Guarantors hereby authorize FoodPRO to investigate and obtain credit and financial information (including but not limited to commercial and personal/consumer credit information ion on all Guarantors) concerning the applicant and Guarantor(s) at any time and from any source including but not limited to Applicant's and Guarantors’ past and present financial institutions (i.e. Bank, Finance Company, etc.) and suppliers. All sources of credit information are hereby given permission to supply FoodPRO with any information that FoodProrequests, not only at this time but from time to time as FoodPro deems appropriate. Also, FoodPRO is authorized to provide a copy of t his authorization to any source that FoodPRO deems appropriate. Applicant and Guarantors hereby agree to the Terms and Conditions of Sale (“T&C”)on the FoodPRO website, www.foodprocorp.com, as they may appear from time to time. FoodPRO expressly reserves the right to amend these terms without advance notice and Applicant and Guarantor agree to any such changes.
In consideration of any credit extended by FoodPRO to the Applicant set forth above, and for other good and valuable consideration, the Applicant agrees to pay all amounts owed by the Applicant to FoodPRO. Applicant agrees to pay interest at the rate of 18% per annum on all accounts past due as further described in the T&C on the FoodPRO website, www.foodprocorp.com. The applicant also agrees that if the Applicant is in default of payment or in default for any other reason in accordance with the T & C stated on the FoodPRO website, www.foodprocorp.com, and FoodPRO finds it necessary to obtain the services of an attorney for collect ion of any sums due to FoodPRO, Applicant agrees that, in addition to any sums due to FoodPRO (including interest charges), that FoodPRO shall be permitted to add the greater of 33⅓% of any sums due to FoodPRO (including interest charges) or all of FoodPRO’s actual incurred attorney’s fees to the amounts due, as well as court costs and any other collection expenses incurred by FoodPro. The undersigned hereby consents to the personal jurisdiction of the Maryland Courts and agrees that all matters arising hereunder shall be governed by Maryland Law. Furthermore, Applicant hereby authorizes and empowers any attorney of any Court of Record within the United States to appear for the Applicant in any Court in one or more proceedings, or before any clerk thereof, and to confess judgment against Applicant, wit hout prior notice or opportunity for a prior hearing, in favor of FoodPRO, or its assigns or successors in int erest, for any sums due to FoodPRO, plus accrued interest, costs of suit and attorneys fees as stated herein. Applicant hereby waives all rights to stay of execution on said judgment, as well as any demand of presentment for payment, notice of dishonor, protest, not ice, and trial by jury. This credit application is intended to be signed under seal in order to extend the Statute of Limitations to 12 years.