Billing Policy

GENERAL POLICY

This policy details T2C's practices and conditions for generating invoices for our products and services. In all cases, please reference the signed Pricing Addendum for specific period of service and contractual provisions. In cases where there may be a conflict with the T2C Billing Policy, the T2C Agreement takes precedence over the general guidelines presented in this document.

Standard Payment Terms

Invoices are due 15 days from the date they are received.

Prepayments for Products or Services

In the event that our customers decide to not use the product or service for which prepayments was made and the product has not been created, we will hold its prepayment for a future purchase of the same type of product or refund the money.

Past Due Charges

Past due accounts are subject to a finance charge of 1.5% per month on past due balances, or the maximum rate permitted by applicable law, whichever is lower.

Acceptable Methods of Payment

We accept payment in the form of Member Company business checks or wire transfers. Please do not send cash.

Sales Tax

Member is responsible for all sales, use, goods and services, value added and/or excise taxes that may be attributed to its use of the T2C service ("Taxes"), except for taxes based on T2C' income. T2C may separately invoice Taxes as appropriate, and Member agrees to pay any applicable Taxes unless Member provides an exemption certificate issued by the appropriate taxing authority. If there are any relevant inquiries by any taxing authority, Member shall provide assistance and verification to T2C that Member has paid the appropriate Taxes due or is otherwise exempt. In cases where the taxing authority has determined a Tax deficiency relating to Member's use of T2Cproducts and services, T2C may invoice the Member for the Tax deficiency and penalties, which Member agrees to pay, and remit the amount owed. All Members which have a tax exemption certificate are required to provide the certificate to T2C. The failure to provide a tax exemption certificate does not obligate or imply T2C is required to collect and remit tax on behalf of the Member.

Pricing

If the term of an Addendum is not extended or if a new Addendum is not executed, T2C's then current pricing in effect at the time of said expiration shall universally apply, for all products and services used thereafter.

PRODUCT SPECIFIC POLICY

Business Profile Reports Basic and Plus (BPR)

1. Business Profile Report billing is the greater of the monthly volume commitment or the per report cost multiplied by the number of reports used. Exceeding the monthly volume commitment in a prior period does not count towards the monthly volume commitment of the succeeding period.

2. Business Profile Reports are archived on our secure website for future use at no cost for 30 days.

3. Members are invoiced for all BPR usage defined as selecting a business entity from the List of Similars or a data packet of a BPR delivered via API. Members may be charged an additional fee for duplicate BPRs that are accessed through T2C's website or a CPU link. This occurs when a Member prefers to pull both an HTML version (readable by their underwriters) and an XML version (suitable for automated decisioning and archiving).

Digital Site Inspection

The same terms for the Business Profile Report apply for the Digital Site Inspection.

Data Sets

1. Data Sets may require a 50% payment due in advance of delivery for large deliverables.

2. All other data sets are billed under terms outlined in the General Policy section above.