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PRODUCT EVALUATION AGREEMENT
This Product Evaluation Agreement (the "Agreement") is entered into betweeen iGlobal, LLC. an Ohio Corporation and
I, , representing (hereafter referred to as "Company") hereby will receive the computer product listed below from iGlobal, LLC to evaluate and agree to purchase or return equipment to iGlobal, LLC after a period of 30 days for evaluation purposes. iGlobal, LLC agrees to pay for the cost of shipping the listed product(s) to the evaluating company or location of company's choice. Company or individuals evaluating iGlobal, LLC products agrees to pay for any shipping cost to return such product back to iGlobal, LLC at 745 Davids Dr. Wilmington, OH 45177 after the evaluation period, or to purchase the product out-right. If the product is not purchased or returned to iGlobal, LLC within two weeks after the 30-day evaluation period, the product is being purchased and Company will be charged in full. The company agrees to return the product in like new condition, in original packaging and with all documentation intact. If iGlobal, LLC discovers damaged, missing pieces, or what reasonably would not be considered in like new condition, iGlobal, LLC may charge the company for the cost of the unit and any shipping fees. Company agrees to pay a monthly product evaluation fee of $99.99 per MDT and $49.99 per trailer tracking device per unit during the evaluation period to be invoiced monthly, payable within 30 days of invoice date.
This agreement shall be deemed entered into the State of Ohio and shall be governed by and construed according to the laws of Ohio even if the product is being shipped out of the State. Any dispute between the parties shall be resolved in an Ohio venue.
The undersigned debtor agrees to pay a late charge on all balances, which are not paid within 30 days after the due date of the invoice. This late charge shall not exceed 1.5% of the remaining outstanding balance per month. The undersigned also agrees to pay all costs and expenses including all attorneys' fees incurred by iGlobal, LLC. in any collection efforts or legal proceedings arising of this agreement.
PERSONAL GUARANTEE OF PAYMENT: The undersigned guarantees fully, without reservation or offset, the payment to iGlobal, LLC of any sums due from the above noted company or individual, in the event said compnay or individual fails to pay any such sum when and as due. The undersigned waives notice of default and demand for payment and agrees to pay all expenses of collection including attorney's fees and any applicable interest thereon. This guaranty shall be enforcable as to all.