INTERNET MINIMUM ADVERTISED PRICE (iMAP) POLICY
Effective Date November 1st, 2019
As a condition of being an authorized Online Distributor/Reseller of Allied Moulded Products Inc. (Allied Moulded), adherence to the following terms and conditions is required. Failure to abide by these terms and conditions may or will ultimately result in the discontinuation of being an authorized online Distributor/Reseller for Allied Moulded Products.
iMAP Terms and Conditions IMAP POLICY 1. Allied Moulded has established an Internet Minimum Advertising and Pricing (“iMAP”) policy for its products. The iMAP policy applies to all online locations for any Allied Moulded products in any and all internet and like electronic media. “Online location” is defined as the virtual storefront where end-users can purchase Allied Moulded products. The iMAP policy applies to all advertisements for any Allied Moulded products in any and all virtual/online media, including, but not limited to virtual/online: websites, shopping carts, newspapers, magazines, catalogs, flyers, coupons, mailers (including eBlasts, etc.), email, and like electronic media. 2. The iMAP policy specifically includes a maximum allowed advertised discount of up to eighteen (18%) percent off “single item” Manufacturer Suggested Retail Price (“MSRP”) as indicated by the current published pricing supplied by Allied Moulded. The agreed Internet Minimum Advertised Price policy is not to exceed eighteen percent (18%) off MSRP. The exception will be any special promotion pre-approved in writing by Allied Moulded. 3. The non advertized Retail Price of Allied Moulded products remains totally at discretion of the reseller. IMAP POLICY VIOLATIONS 1. Reseller understands that any violation of this policy may or will be grounds for terminating the Reseller’s relationship with Allied Moulded. Distributors/resellers will be notified of any such violations and instructed to cease and desist all sales that are in violation of the iMAP policy. DISCLOSURE OF ALL COMPANY NAMES 1. Reseller acknowledges full disclosure of all of its corporate names and business names under its controls (DBA – Doing Business As) to Allied Moulded and has disclosed a list of any such business names or future business names to Allied Moulded. 2. Reseller understands that all orders with Allied Moulded shall occur only from the parent corporation or business on file.
1. PROMOTIONS OR CHANGES TO MSRP AND IMAP POLICY 1. Reseller understands that Allied Moulded may periodically discontinue products or engage in promotions with respect to certain items. In such cases, Allied Moulded may, at is discretion, modify or suspend the iMAP policy with respect to the affected products by timely notifying all Distributors/resellers of such change. Such notification shall be made in writing to the Reseller by fax, email, or letter.
2. Reseller understands that Allied Moulded retains the right to modify MSRP at any time and will notify Allied Moulded’s Distributors and authorized Distributors/resellers of such price modifications. All Distributors/resellers must implement such modifications within thirty (30) days from the date of receipt of such notice. 3. Reseller understands that the iMAP policy may be adjusted by Allied Moulded at its sole discretion upon seven (7) days written notice to the Reseller by letter, email, or fax. Such adjustments shall be uniformly applied to all Allied Moulded distributors/resellers.