Credit Application

In this Application, "Applicant" means the business entity applying for credit with Boyett Petroleum.

Information should be provided for contact in charge of general account maintenance and questions related to card activity. Additional contacts should be added where necessary.

Applicant acknowledges and agrees to have read in full our Credit Disclosure and agrees to comply with the Terms and Conditions set forth herein.

For valuable consideration and to induce Boyett Petroleum to extend credit to Applicant, the undersigned Guarantor agrees: (1) to unconditionally guaranty Applicant’s payment and performance of the Agreement (see reverse), including payment of all present and future debts owed to Boyett Petroleum by Applicant; (2) to waive notice of demands and notices of non-payment; (3) that the obligations of this Guaranty are joint and several and are independent from Applicant’s obligations; (4) to waive all subrogation and recovery rights; (5) to pay attorneys’ fees and costs incurred in enforcing this Guaranty; (6) that this Guaranty is binding upon his/her heirs and successors; (7) that his/her bankruptcy shall not affect his/her obligations to repay Boyett Petroleum; (8) that this Guaranty is deemed continuing and irrevocable; and (9) that Boyett Petroleum is authorized to obtain credit reports on the Guarantor and use said information in the evaluation in the credit of Applicant and authorizes Boyett Petroleum to run additional credit reports on Guarantor as may be needed from time to time in their credit evaluation and review process; and (10) to waive any right or claim under the Fair Credit Reporting Act in the absence of this continuing consent.

Boyett Petroleum is authorized to initiate credit and debit entries electronically to Applicant’s checking account listed below for properly supported charges at frequent intervals for varying amounts up to the amount owed. This authorization is to remain in full force and effect until terminated by Applicant in writing and received by Boyett Petroleum; provided however, this authorization survives termination of the Agreement for any past due amounts owed by Applicant to Boyett Petroleum. APPLICANT AGREES TO PAY BOYETT PETROLEUM A LATE PAYMENT FEE OF $80.00 FOR ANY EFT RETURNED FOR INSUFFICIENT FUNDS.