What is the Credit Purchase Agreement?

Applicant authorizes Shoplet.com to obtain necessary credit information at any time from any source and agrees to pay for purchases according to the credit terms on invoice or, if none appear, according to terms of Net 30. The undersigned hereby agrees that all work performed, services rendered and material furnished shall be governed by and subjected to the "terms and conditions" set forth on the reverse side hereof and incorporated by reference. Applicant warrants that all information appearing on this form is true and correct as of the date below, and agrees to notify vendor in writing within 30 days of any change in style of business organization, financial condition or controlling ownership. Applicant agrees to pay a service charge of 1.5% per month or the maximum allowed by law, on any past due balances. If the account is placed for collection agrees to pay all costs of collection, including reasonable attorney fees.