New Account Form

Stinger Chemical, LLC. Terms on accounts: “It is agreed as part of the consideration for this sale that the price for the goods purchased shall be paid within 30 days from the day it is shipped. Any portion of the sale price not paid within said time period shall thereafter bear interest at the annual rate of eighteen percent (18%) annum.”

Note: Applicant’s signature attests to financial responsibility, willingness, and ability to pay our invoices in accordance with payment terms of STINGER. Applicant also assumes responsibility for all bills contracted in his name at the designated address, and if required to collect delinquent accounts, all collection agency fees, reasonable attorney fees, court costs, and any other costs of collection.

The information given herein is for the purpose of obtaining credit and is warranted to be true. I/We hereby authorize the firm to whom this application is made, Stinger Chemical, LLC., to investigate the references listed. I/We have read fully and understand the above.

Note: If a partnership, all partners must sign. If a corporation, an authorized corporate officer must sign.

In consideration of Stinger Chemical, LLC., granting credit to the above, the undersigned hereby personally and unconditionally guarantees the payment of all deliveries whether on open account or otherwise, made by Stinger Chemical, LLC. to or on behalf of the above mentioned concern.

Guarantor agrees that Stinger is not required to seek payment from the above-named entity before Guarantor is obligated to pay any amount owed to Stinger, and that Stinger shall have the right at all times to proceed to collect from Guarantor regardless of whether Stinger has or has not first sought payment from any other person, firm or entity. There is no condition precedent to Guarantor’s liability being primary. Guarantor waives any right to require that Stinger make any demand on any other party.

This guaranty shall be continuous until Stinger is in receipt of certified or registered mail-return receipt requested notice from the undersigned, of the termination of this personal guaranty. Such notification shall not be effective until it is received by Stinger Chemical, LLC. and shall not cover shipments ordered prior to that time and still in transit prior to the receipt by Stinger of said notification.

It is the guarantor’s obligation to notify Stinger Chemical, LLC. by certified or registered mail-return receipt requested, of any change in the guarantor’s status. Failure to notify Stinger Chemical, LLC., makes guarantor liable for any loss sustained.

Guarantor agrees that Stinger may pursue avenues of collection, including authorizing Stinger to prepare and submit credit charge slips using any of the charge cards listed below to recover all charges and all other unpaid amounts due to guarantor’s failure to timely pay outstanding balances due to Stinger Chemical, LLC.

The undersigned also agrees to pay all collection costs or attorney’s fees incurred by STINGER provided the account is placed for collection. Upon receipt by Stinger Chemical, LLC., of the termination of this personal guaranty, STINGER reserves the right to refuse further credit to the above mentioned concern. The undersigned further agrees to pay Stinger Chemical, LLC. a service charge assessed by Stinger Chemical, LLC. on amounts due STINGER by the undersigned which remain unpaid for more than thirty (30) days at 1.5% per month or 18% annum of the then outstanding balance. This guaranty shall be governed in accordance with the laws of the state of Texas.

Before we can ship any orders, the Stinger® Credit application and Personal Guaranty must be completely filled out and returned to our office.

First time customers will pay their order up front before we can ship. Once all credit references have responded, Stinger® will determine a credit line based on the information we receive.

Invoices must be paid in 30 days before subsequent orders can be released. All orders in-house will not be released until payments are received or arrangements have been made with our office.

If for any reason the customer exceeds their credit limit established by our office, a payment must be made to reduce the amount owed on the account before orders can be released.

Half Truckload Orders are considered to be ten (10) pallets or more, Stinger will pay half of the freight. Full Truckload orders are considered to be (20) pallets or more and Stinger will pay all of the freight. Anything less than 20 pallets will be considered a ½ Truckload and Stinger will only cover half of the freight charges. Invoices must be paid on time for freight discounts to apply for ½ TL and full TL orders.

Please note: When receiving shipments from trucking companies, be sure that everything is on your shipment before signing their paperwork. Once signed, if anything is missing, then it is the customer’s responsibility.

Note any damage or missing items on the truckers’ waybill and send us a copy. This will allow us to start the claim process.

I, the purchaser named above, claim the right to make a non-taxable purchase for resale of the taxable items described below or on the attached order or invoice from the seller listed above.

The taxable items described above, or on the attached order or invoice, will be resold, rented or leased by me within the geographical limits of the United States of America, its territories and possessions or within the geographical limits of the United Mexican States, in their present form or attached to other taxable items to be sold.

I understand that if I make any use of the items other than retention, demonstration or display while holding them for sale, lease or rental, I must pay sales tax on the items at the time of use based upon either the purchase price or the fair market rental value for the period of time used.

I understand that it is a criminal offense to give a resale certificate to the seller for taxable items that I know, at the time of purchase, are purchased for use rather than for the purpose of resale, lease or rental, and depending on the amount of tax evaded, the offense may range from a Class C misdemeanor to a felony of the second degree.

This certificate should be furnished to the supplier. Do not send the completed certificate to the Comptroller of Public Accounts.

This certificate does not require a number to be valid.

I, the purchaser named above, claim an exemption from payment of sales and use taxes for the purchase of taxable items described below or on the attached order or invoice from the seller listed above.

I understand that I will be liable for payment of all state and local sales or use taxes which may become due for failure to comply with the provisions of the Tax Code and/or all applicable law.

I understand that it is a criminal offense to give an exemption certificate to the seller for taxable items that I know, at the time of purchase, will be used in a manner other than that expressed in this certificate, and depending on the amount of tax evaded, the offense may range from a Class C misdemeanor to a felony of the second degree.

Note: This certificate cannot be issued for the purchase, lease, or rental of a motor vehicle. This certificate does not require a number to be valid. Sales and Use Tax “Exemption Numbers” or “Tax Exempt” Numbers do not exist.

This certificate should be furnished to the supplier. Do not send the completed certificate to the Comptroller of Public Accounts.