Common use of FUNCTIONAL DISCOUNT REQUIREMENTS Clause in Contracts

FUNCTIONAL DISCOUNT REQUIREMENTS. There are two requirements for the Business Practices, Electronic Commerce Discount. The Distributor must place 75% of all order lines using electronic methods. The acceptable mediums are listed below. • EDI – Electronic Data Interchange • My Pages / Seco On-line Store • P21 – Trading Partner Connect (TPCx) Downloading of Seco’s Inventory Visibility data file a minimum of 3 times each week. The file is located in the Registered User’s area of Seco’s website. Seco’s Inventory Visibility program Certain information that is specific to each Distributor and may be considered sensitive (i.e. individual functional discount status) is secured with a special username and password issued to the Distributor principal or an individual within the organization chosen by the Distributor to have access to such information. Seco’s Manager of Business & Sales Information will contact the Distributor shortly after authorization to set up this special username and password. Please use the provided space below to catalog your Login information: Registered User’s area: Username: Password: My Pages / Online Store: Username: Password: Distributor Principal: Username: Password: Designated as Distributor Principal: provides Distributors with a daily updated file, con- taining all inventory on hand following the previ- ous day’s invoicing. Since the file and program are stored on the Distributor’s PC’s or networked system, access is virtually instantaneous.

FUNCTIONAL DISCOUNT REQUIREMENTS. There are two requirements for the Business Practices, Electronic Commerce Discount. The Distributor must place 75% of all order lines using electronic methods. The acceptable mediums are listed below. • EDI – Electronic Data Interchange • My Pages / Seco On-line Store • P21 – Trading Partner Connect (TPCx) Downloading of Seco’s Inventory Visibility data file a minimum of 3 times each week. The file is located in the Registered User’s area of Seco’s website. Seco’s Inventory Visibility program provides Distributors with a daily updated file, con- taining all inventory on hand following the previ- Certain information that is specific to each Distributor and may be considered sensitive (i.e. individual functional discount status) is secured with a special username and password issued to the Distributor principal or an individual within the organization chosen by the Distributor to have access to such information. Seco’s Manager of Business & Sales Information will contact the Distributor shortly after authorization to set up this special username and password. Please use the provided space below to catalog your Login information: Registered User’s area: Username: Password: My Pages / Online Store: Username: Password: Distributor Principal: Username: Password: Designated as Distributor Principal: provides Distributors with a daily updated file, con- taining all inventory on hand following the previ- ous day’s invoicing. Since the file and program are stored on the Distributor’s PC’s or networked system, access is virtually instantaneous.