| Principles and Practices - Failure to Make Payment of Freight Charges | |
| PRINCIPLES AND PRACTICES FOR THE INVESTIGATION AND DISPOSITION OF FAILURE
TO MAKE PAYMENT OF FREIGHT CHARGES Failure to make payment of freight charges to subject carriers for services performed as a common carrier by subject carriers, which subsequently results in legal action (such as collections) taken against the debtor, will be subject to the following: 1. Forfeiture of all discounts, allowances, commodity rates, brokerage agreements, incentives or any other rate reductions enjoyed by such debtor, if any, on all unpaid freight bills. 2. A penalty of 125% of the remaining freight bill amount due subject carriers after having added back any forfeitures as described in Paragraph 1. 3. In addition to the provisions of Paragraphs 1 and 2, debtor will be responsible for attorney fees and/or court costs associated with or as a result of any collection action. |