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TERMS: Owner agrees that all payments required under this Contract shall be due and payable within 30 <br /> days of date of invoice. Owner further agrees that Bargen Inc. may charge interest at the annual rate of <br /> eighteen percent (18%), unless a lesser percentage is required by law on any sum due under this Contract <br /> which is not paid within 30 days of invoice date. If payments are not made when due, interest, costs <br /> incidental to collection and attorney's fees (if any attorney is retained for collection) shall be added to the <br /> unpaid balance. Bargen Inc. reserves the right, without penalty from Owner, to stop work on the project if <br /> Owner does not make payments to Bargen Inc. when due. <br /> This Proposal/Contract may be withdrawn by Bargen Inc. if not accepted within 30 days, or at anytime, <br /> subject to increases related to material prices as noted above. <br /> Acceptance of proposal — The above prices, specifications and conditions are satisfactory and are hereby <br /> accepted. You are authorized to do the work as specified. This proposal may be withdrawn if not <br /> accepted within 30 days. <br /> Date of acceptance PO # (if applicable) <br /> Signature <br /> Signature <br /> Thank you for the opportunity to provide you with information on the asphalt pavement maintenance <br /> needs in your community. I am confident that you will find the products used and the workmanship of <br /> our crew of the highest quality. I look forward to working with you in the near future. <br /> Sincerely, <br /> Bryanons <br /> BARGEN, INC. <br /> BC/mq <br /> Project for the City of Pequot Lakes RE: Crack Repair <br />