XI. Accounting

The supplier is to invoice using proper SumiRiko Ohio, Inc., SumiRiko Tennessee, Inc., or S-Riko Automotive Hose de Chihuahua, S.A.P.I. de C.V. Purchase Order numbers and ensure invoice quantities are correct. It is the supplier’s responsibility to ensure that all invoices are prompt and accurate in order to receive on time payments. All payments will be made upon the terms as indicated on the the Company’s Purchase Order.

All packing lists and invoices must have the corresponding Company Purchase Order number listed. Any packing lists or invoices that do not identify the Company’s Purchase Order number will be held for further disposition and payment may be delayed.

The Company Purchase Orders with multiple part numbers must be billed on one invoice. Only one purchase order number per invoice will be permitted.

Payments will be issued on the actual quantities received and confirmed by the Company’s Receiving Department.

As an alternative to US mail, invoices may be sent to the appropriate Accounts Payable contact via fax or e-mail.

The Company will not send any checks via overnight mail services, special courier, etc.