This Agreement includes standard terms and conditions set forth at www.picabooyearbooks.com/terms.
1. PRICING PROTECTION
Picaboo Yearbooks will guarantee the Customer the pricing for the Term. If Picaboo Yearbooks/Group Books standard pricing increases after the Effective Date, Picaboo Yearbooks will honor the pricing agreed below for the duration of the Term. If Picaboo Yearbooks publicly announces a general decrease in pricing after the date of this Agreement, Picaboo Yearbooks will match such reduced pricing for the Customer.
This Agreement will commence on the Effective Date and shall continue for a period as specified in the Purchase Agreement.
3. PAYMENT SCHEDULE
At the time the Actual Order is submitted by the Customer to Picaboo Yearbooks for production and delivery, the Customer must have paid 100% of the Actual Order value via credit card, electronic transfer or check. Picaboo Yearbooks will not start processing orders until 100% of the payment is received. Invoices will be in local currency.
If the Customer has made a prepayment with respect to an order, and the Customer provides Picaboo Yearbooks with notice of cancellation prior to the Actual Order, then Picaboo Yearbooks will refund any amounts prepaid by the Customer. Orders may only be cancelled within 30 minutes after the time of Actual Order.
4. MARK-UP PROGRAM
The Customer shall have the right to mark-up the net price of their book in order to set their own retail price and therefore profit from the mark-up amount of books sold by the Customer. Picaboo Yearbooks will calculate such profit and pay it to Customer within 60 days of the Actual Order and every six months after the effective date of this Agreement.