IGL LOGISTICS INC.

TERMS & CONDITIONS AND CREDIT AUTHORIZATION AGREEMENT

These Terms & Conditions (“Terms”) govern the relationship between IGL Logistics Inc. (“IGL,” “Company,” “we,” or “us”) and the customer submitting this form (“Customer”). By completing this sign-up form, checking the acceptance box, and/or requesting services from IGL, Customer agrees to be bound by these Terms in full.

1. Credit Investigation & Authorization

Customer authorizes IGL to request, obtain, and review consumer and/or commercial credit reports, trade references, banking information, and other financial data as IGL deems necessary to evaluate Customer’s creditworthiness. Customer further authorizes any bank, financial institution, credit reporting agency, or trade reference contacted by IGL to release such information to IGL for this purpose.

Customer understands and agrees that any credit extended by IGL will be based on the results of this credit investigation, and that IGL may re-run or update this investigation at any time during the course of the business relationship.

2. Credit Determination

Approval for credit, and the specific credit limit, payment terms, and currency assigned to Customer’s account, are determined solely by IGL based on the outcome of the credit investigation described above. These terms will be confirmed to Customer in writing once determined.

IGL reserves the right to modify, suspend, or revoke any credit limit or payment term at any time, at its sole discretion, including in response to changes in Customer’s credit profile, payment history, or financial condition.

Customers who are not approved for credit, or whose credit is suspended or revoked, may continue to transact with IGL on a prepaid basis.

3. Authority & Accuracy of Information

Customer represents and warrants that all information provided to IGL, including on this form, is true, accurate, and complete. The individual submitting this form affirms they are duly authorized to bind Customer to these Terms.

4. Payment Terms

Customer agrees to comply with all credit limits and payment terms assigned by IGL and to remit payment in full by the due date stated on each invoice.

5. Duties, Taxes & Government Charges

All duties, taxes, customs charges, and other governmental fees advanced by IGL on Customer’s behalf are due immediately upon receipt of invoice.

A 3% duty outlay fee applies to such advances unless Customer elects to pre-fund these charges or remit payment directly to the applicable authority.

If payment for duties and taxes is not received within eight (8) calendar days from the invoice date, IGL may notify the Importer of Record of Customer’s non-payment. Upon such notice, IGL has no further responsibility to advance or manage these charges, and Customer must resolve all matters directly with the Importer of Record. Customer remains fully liable to IGL for all amounts invoiced.

6. Other Advances

All other charges advanced by IGL on Customer’s behalf — including freight, carrier fees, storage, demurrage, detention, port fees, and accessorial costs — are due upon receipt of invoice unless separately agreed in writing.

7. Late Fees

Invoices not paid by the stated due date enter a five (5) calendar-day grace period during which payment may be made without penalty. Any balance unpaid after this period accrues a late fee of 2% per month ($35 minimum), calculated from the original invoice due date, or the maximum rate allowed by law.

If Customer anticipates the need for more than five additional days to remit payment, Customer agrees to include all applicable late fees with its remittance.

8. Collections & Legal Costs

Balances remaining unpaid thirty (30) days after the invoice due date may be referred for collection. Customer agrees to pay all accrued interest, collection fees, court costs, and reasonable attorneys’ fees incurred by IGL in connection with recovering unpaid amounts.

9. Financial Condition & Insolvency

Customer represents that it is not currently subject to bankruptcy, receivership, insolvency proceedings, or governmental oversight that may impair its ability to pay.

Customer agrees to notify IGL immediately if it contemplates bankruptcy or similar proceedings. Upon receiving such notice, IGL may require all future transactions to be prepaid and may suspend or terminate existing credit terms.

10. Insurance

All-risk cargo insurance is available at an additional charge. Insurance is not automatic; Customer must expressly request coverage before each transaction and receive written confirmation from IGL. Absent such confirmation, no insurance coverage is in effect.

11. Billing Disputes

Customer must review invoices promptly and notify IGL in writing within seven (7) calendar days of the invoice date of any disputed amounts. Failure to provide timely written notice constitutes acceptance of the invoice as presented.

12. Timely Payment Requirement

Customer agrees that timely payment of all invoices is a material condition of IGL’s continued provision of services. Failure to pay may result in suspension of services, modification or revocation of credit terms, or a requirement for prepayment.

13. Governing Terms & Conditions

Customer acknowledges that it has reviewed IGL’s published Terms & Conditions available on the Company’s website. Those terms are incorporated by reference and govern all services unless otherwise agreed in writing. In the event of a conflict, these Terms control.

14. Acknowledgment & Authorization

By checking the acceptance box and submitting this form, the undersigned individual (“Signatory”) represents, warrants, and certifies that:

a. Authority to Bind. Signatory is a duly authorized officer, director, member, partner, or agent of Customer and has full legal authority to bind Customer to these Terms.

b. No Limitation on Authority. Signatory’s authority has not been revoked, suspended, limited, or otherwise restricted by any corporate resolution, operating agreement, partnership agreement, court order, or other instrument.

c. Organizational Validity. Customer is a validly formed and existing legal entity in good standing under the laws of its jurisdiction of formation, and these Terms constitute a legal, valid, and binding obligation of Customer.

d. Personal Acknowledgment. Signatory acknowledges having read, understood, and agreed to these Terms, and confirms that no representations were made by IGL that are inconsistent with the written terms of this Agreement.

e. Estoppel. Signatory agrees that Customer shall be estopped from denying the enforceability of these Terms on the basis that Signatory lacked actual authority, and Customer agrees to indemnify IGL for any loss, cost, or expense arising from a claim that Signatory was not authorized.

IGL reserves the right to request a corporate resolution, incumbency certificate, or other documentation confirming Signatory’s authority prior to activating credit or commencing services.

15. Consent to Electronic Agreement

Customer consents to entering this Agreement electronically. Checking the acceptance box on the sign-up form constitutes Customer’s electronic signature and has the same legal effect as a handwritten signature.