IN CONSIDERATION OF THE EXTENSION OF CREDIT BY SOURCEIT, APPLICANT AGREES TO THE FOLLOWING: The terms of payment are Net 30 days. Interest shall accrue on all amounts not paid when due at the rate of 1 ½% per month or at the maximum rate permitted by law, whichever rate is lower. Current or year end financial statements will be supplied to SourceIT, LLC upon request. In the event of default of payment, if the account is placed with an attorney or collection agency, applicant agrees to pay all expenses and costs of collection to include reasonable attorney fees. This agreement shall be governed by the laws of the state of Missouri and applicant consents to the jurisdiction under this agreement. Applicant authorizes SourceIT, LLC or any credit bureau or other investigative agency employed by SourceIT, LLC, to investigate the references listed herein for verification and to thereafter obtain, from time to time, credit reports to evaluate its creditworthiness.