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The undersigned agrees that payment is due to Ring Power Corporation as follows: Parts and Service invoices are due net 30 days from the date of the invoice. Rental/ Lease invoices are due upon receipt. Sales invoices are due net 10 days from the date of invoice. Past due balances shall be assessed a service charge or interest at the highest rate allowed by law until payment is made. If any indebtedness due and owing is not paid as agreed, the undersigned agrees to pay to Creditor a reasonable attorney’s fee and/or costs of collection whether suit be instituted or not, if Creditor refers its claim to an attorney and/or collections to collect the indebtedness due and owing. Should suit be instituted for any indebtedness due and owing to Ring Power Corporation, the undersigned consents to venue being in Duval or St. Johns County, Florida. The parties agree that any proceeding brought concerning the credit application shall be in the courts of the State of Florida and the parties accept exclusive personal jurisdiction of these courts. THE UNDERSIGNED KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVES THE RIGHT TO A TRIAL BY JURY. The parties further agree that the waiver of trial by jury is a material inducement for Creditor to extend credit to the undersigned. REMIT PAYMENT TO: PO BOX 935004, ATLANTA GA 31193-5004