Horizon Credit App

Personal Guarantee

For valuable consideration, the receipt of which is acknowledged, including but not limited to the extension of credit by Horizon Transport, Inc. to the applicant, individually, jointly and severally, unconditionally guarantee(s) to Horizon Transport, Inc. the full and prompt payment of all obligations which Guarantor presently or hereafter may have to Horizon Transport, Inc. and payment when due of all sums presently or hereafter owing by Guarantor to Horizon Transport, Inc. Guarantor agrees to indemnify Horizon Transport, Inc. against any losses Horizon Transport, Inc. may sustain and expenses Horizon Transport, Inc. may incur as a result of any failure of Guarantor to perform including reasonable attorneys’ fees and all costs and other expenses incurred in collecting or compromising any indebtedness of debtor guaranteed hereunder or in enforcing this guaranty against guarantor. This shall be a continuing Guaranty. Diligence, Demand, Protest or notice of any kind is waived. It shall remain in full force until guarantor delivers to Horizon Transport, Inc. written notice revoking it as to indebtedness incurred subsequent to such delivery. Such delivery shall not affect any of guarantors obligations hereunder with respect to indebtedness heretofore incurred.

The undersigned personal guarantor, recognizing that his or her individual credit history may be a necessary factor in the evaluation of this personal guarantee, hereby consents to and authorizes the use of a consumer credit report on the undersigned, by the above named business credit grantor, from time to time as may be needed, in the credit evaluation process. The undersigned also hereby represents and warrants to Horizon Transport, Inc. that the information set forth in this application is true, correct & complete as of the date of this application and that the undersigned is authorized to execute this application on behalf of the applicant.

The above information is required. Application for credit will not be processed unless all information is provided.

The Federal Equal Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with law concerning this credit is the Federal Trade Commission, Division of Credit Practices, 6th and Pennsylvania Avenue, NW, Washington, D.C. 20580.

Credit Terms:

Net 7 days (US funds). Past due bills will be assessed interest at the rate of 18% per annum. Applicant is responsible for any attorney fees, court costs or collection fees incurred on any past due bills.

Credit Policy:

Statements are rendered as of the end of the month. C.O.D. restrictions may be placed on any past due account.

Change of Ownership:

I/We understand that we must notify Horizon Transport Inc in writing and by certified mail of any change in ownership, the name of the business or structure of the business under which credit is established.

Jurisdiction:

It is agreed that this agreement is entered into in the State of Indiana and is governed by the laws of the State of Indiana. In the event of default, and if this account is turned over to an agency and/or an attorney for collection, the undersigned agrees to pay all reasonable attorney fees, and/or costs of collection whether or not suit is filed.