Vendor Terms

Dear Supplier,

In order to ensure product quality and timely delivery, please adhere to the following terms for all future purchase orders with Hokolite:

 

1. Purchase Order Requirements

For every new purchase order, whether it is for new products or a restock order, we require two full cartons (one for each item listed on the order) to be sent to us for product evaluation before the order ships. The products sent must be fully completed production goods.

 

2. Shipping & Costs

The air shipping costs for the evaluation cartons must be covered by the supplier. These samples should be shipped by air to ensure prompt evaluation. Once we receive and approve the evaluation samples, the full order can proceed.

 

3. Payment Terms  

Hokolite reserves the right to deduct 2% from the final payment of the purchase order unless we receive the evaluation cartons via air shipment prior to the container leaving. If the products we receive do not match the original product inspection sheets you have provided, we will deduct an additional 2% from the final payment.

 

4. Sample Labeling

When shipping the evaluation cartons, please use the evaluation carton label we have provided. Be sure that both the Purchase Order Number and the Order Date are clearly marked on each label.