THE HOMAX GROUP, INC. COUPON
REDEMPTION POLICY
AS OF APRIL 20, 2010
YOUR REDEMPTION OF OUR COUPONS INDICATES YOUR ACCEPTANCE AND
COMPLIANCE WITH THIS REDEMPTION POLICY (the "Agreement").
NOTWITHSTANDING ANY COURSE OF DEALINGS (PAST PRACTICE OR OTHERWISE)
BETWEEN US, NO PURCHASE ORDER, INVOICE, RETAILER-POLICY, OR SIMILAR
DOCUMENT SHALL BE CONSTRUED TO MODIFY ANY OF THE TERMS OF THIS
AGREEMENT.
It is the intent of The Homax Group, Inc. ("Homax"), to process
coupon redemptions in the most efficient and cost effective way
possible, to ensure that Homax can continue to provide consumers
the promotional incentive that coupons offer.
A. Redemption at the Store
- Coupons are redeemable only by a consumer purchasing the
specific product(s) indicated on the coupon (i.e. the specific
brand, size and quantity indicated), and only in strict accordance
with the terms set forth on the face of the coupon and in this
Agreement. The face value of the coupon should be deducted from the
retail selling price. Only one coupon shall be honored for each
item purchased without exception.
- Retailers are to use reasonable care in accepting coupons.
Retailers shall not accept coupons that have been reproduced,
photocopied, mutilated, trimmed or altered in any way, all of which
will be determined by the retailer in its sole discretion.
- Coupons are non-assignable and are void and of no force and
effect if transferred from their original recipient to any other
person, firm or group prior to store redemption. Coupons are not to
be used in swap boxes, taped to products or gathered and
distributed by any other person or group for charitable fund
raising purposes, or other otherwise used in any way except as
described in Section 1 above.
- Coupons are void if taxed, restricted or prohibited by
applicable law.
- The consumer must pay any applicable sales tax associated with
the purchase.
- Coupons are redeemable only by retail locations situated in the
United States, its territories, and U.S. military bases.
B. Processing coupons for Payment
- Homax will only accept properly redeemed and identified
coupons: (a) directly from the retailer, or through (b) retailer
clearinghouse, (c) retailer-billing agent, or (d)
wholesaler-billing agent (collectively, the "Customer"). Coupons
will not be honored if presented through unauthorized persons or
companies. Coupons will be considered void when presented by an
agency or broker not authorized by Homax.
- All parties submitting coupons for redemption must comply with
all applicable laws and regulations, including IRS reporting
requirements, and must have an IRS taxpayer identification
number.
- To redeem coupons for Homax, send properly redeemed coupons to
the redemption address identified on the coupon.
C. Policy for Payment and Denials
- You will be reimbursed for the following amounts:
- Face value of coupons or, if the coupon calls for free
merchandise, for your retail selling price (up to the stated cap
amount); and
- $0.08 per coupon ("Customer Handling Fee") for each coupon
properly redeemed (the $0.08 covers the following costs: front-end
handling by the retailer; store to headquarters accounting; store
occupancy; sundry loss; cost of funds; coupon processing; any other
special handling, invoice preparation or other fees);
- Homax developed the Customer Handling Fee to fully compensate
the Customer and their agents for all associated costs, including
all handling and transportation expenses of any kind. Homax will
not pay any additional fees or cost related to postage, shipping or
transportation fees and/or miscellaneous fees. Due to system
limitations and for ease of reconciliation, the $0.08 per coupon
Customer Handling Fee will be computed in the following manner when
a retailer, through its clearinghouse, submits an invoice for
payment: a settlement of $0.05 per coupon handling fee plus a
supplemental handling fee of $0.03 per coupon (billed as
shipping/postage) will be paid to arrive at the $0.08 per coupon
Customer Handling Fee. Homax will not pay any additional deduction
fees or costs related to postage, shipping, transportation, and/or
miscellaneous fees under any circumstances.
- The Customer Handling Fee constitutes full and complete
compensation to the Customer and its agent for the customary and
reasonable expenses incurred in processing the coupon from point of
sale to redemption at Homax designated site. The Customer Handling
Fee takes into account the total cost of coupon handling by the
Customer and its agent, including postage, shipping, and
transportation, when reasonable and efficient coupon processing
methods are utilized by Customer and agent. Other expenses, such as
clearinghouse charges and handling fees, are costs negotiated
between Customer and its clearinghouse or agent, and are not the
responsibility of Homax and therefore the fees involved will not be
passed to Homax.
- The Customer agrees not to take unauthorized deductions from
Homax's product invoices for any amount relating directly or
indirectly to coupon redemption. If such unauthorized deductions
are made, Homax reserves the option to take action, including but
not limited to, suspending shipments/credit to the Customer and/or
reduction in the Customer's promotional funding to offset any and
all unauthorized coupon related deduction balances.
- Homax reserves the right to request evidence of proof of
purchase to show that sufficient stock was purchased to justify the
number of coupons submitted and reserves the right to audit, at any
time or from time to time, the coupon sorting and billing service
of any retailer or any agent involved in the handling process.
D. Miscellaneous
- Applicable Jurisdiction. Any claim or lawsuit
involving coupon processing or payment disputes shall be brought
within six (6) months of the original date of the coupon payment or
such claims shall be deemed extinguished. All litigation shall be
filed and conducted in the state or federal court located in
Wilmington, Delaware. The prevailing party of any legal action will
be entitled, to the fullest extent permitted by law, to recover its
reasonable attorneys' fees and all other expenses and costs
incurred in connection with such action or proceeding.
- False Information. If false or misleading
information is provided on a questionnaire to Homax or certified
clearinghouse, redemption privileges with Homax may be permanently
terminated.
- Shipment. Each shipment of coupons will be
considered as a whole and Homax reserves the right to refuse
payment for an entire shipment if any portion is found to be
improperly redeemed.
- Fraud. It is fraud to present coupons for
redemption other than as provided by this Agreement.
- Amendment. Homax may revise this Agreement at
any time, in it sole discretion without advance notice to
anyone.
- FAILURE TO OBSERVE THESE TERMS AND CONDITIONS FOR PROPER
REDEMPTION MAY, AT THE SOLE OPTION OF HOMAX VOID ALL COUPONS
SUBMITTED FOR REIMBURSEMENT AND ALL COUPONS MAY BE RETAINED AS
PROPERTY OF HOMAX, WITHOUT PAYMENT. HOMAX RESERVES THE RIGHT TO
FORWARD COUPONS, WHICH ARE NOT REDEEMED IN ACCORDANCE WITH THIS
AGREEMENT, TO LAW ENFORCEMENT AGENCIES FOR THEIR REVIEW AND
INVESTIGATIVE PURPOSES. FAILURE TO ENFORCE ANY TERMS OR CONDITIONS
HEREOF SHALL NOT BE DEEMED A WAIVER BY HOMAX.
Effective Date: April 20, 2010