SLYDLOCK UNILATERAL MINIMUM ADVERTISED PRICE POLICY
Effective January 31, 2018
Slydlock strives to supply premium consumer electronics and custom installation products of the highest quality and value, which meet or exceed the consumer expectations of the Slydlock brand. In order to attain, maintain and enhance the Slydlock brand name and support the superior integrity and quality of its products, Slydlock announces the implementation of the following unilateral minimum advertised pricing policy (“UMAP”).
This policy is effective January 31, 2018 and covers all products sold in the United States that bear “UMAP” or “MSRP” pricing as presented in the Slydlock Dealer Website and our most recent Slydlock Authorized Dealer Price List. This policy is designed to facilitate the company’s success in the marketplace and promote a positive consumer experience with Slydlock products.
Slydlock distributors and retail or ecommerce dealers (“Dealers”), including but not limited to, catalog and internet dealers using Slydlock’s distribution channels, businesses or individual(s) selling into the U.S. (collectively, “sellers”) shall not advertise Slydlock products at prices less than Slydlock’s established UMAP. Any advertising that contains a price lower than UMAP will be in violation of this policy. “Advertising “ or “advertise” as used in this Policy refers to advertising placements (other than in-store) of specific Slydlock products in print and electronic media: newspapers, magazines, direct mail catalogues and flyers, radio, television, email, Internet and eCommerce sites. Slydlock reserves the right to determine whether a Dealer has advertised Slydlock products below the UMAP guidelines established in this Unilateral Policy. Slydlock also reserves the right to alter, modify, suspend or cancel this Unilateral Policy, the products covered and/or minimum advertised prices. This policy does not restrict the Authorized Dealer’s right to establish independent or advertised resale prices.
Authorized Slydlock Distributors shall provide a copy of this UMAP policy to the Slydlock Dealers they supply; and must make every effort to inform its Dealer customers of this Policy. Failure to do so will result in a violation of this Policy by the Authorized Distributor. Slydlock reserves the right to disallow Authorized Distributors from supplying Company Products to any Dealer at any time.
Nothing contained herein shall in any way be deemed to restrict the Dealer’s ability to determine its own resale prices, which the business partner sets in its sole discretion. This policy is not intended to prohibit the Dealer from providing below UMAP quotations on an individual basis in response to a specific request for quotation by an individual customer; provided such response is not automated.
This policy has been unilaterally adopted by Slydlock. Slydlock neither solicits nor will it accept assurances by an Authorized Dealer of acquiescence with this policy. Nothing in this policy shall constitute an agreement between Slydlock and any Authorized Dealer of compliance with this policy. The Authorized Dealer within its own discretion can choose to acquiesce or not acquiesce with this policy. Slydlock will not discuss conditions of acceptance related to this policy. This policy is non-negotiable and will not be altered, modified, or amended for any Authorized Dealer.
The information contained herein is confidential and as such, no customer of Slydlock may disclose any aspects, details or information of Slydlock’s Unilateral Policy for any purpose except to carry out discussion concerning, and the undertaking of, any business relationship between such customer and Slydlock. None of the foregoing terms may be shared with third parties except employees of the Dealer.
Slydlock’s sales personnel or independent representatives of the company have no authority to modify or grant exceptions to this policy. All questions regarding interpretations of this policy should be directed to Slydlock via email to: email@example.com.
Advertising a combination or bundle of Slydlock product(s) covered under this policy with any other product for a price lower than the combined price of what the two (2) products are advertised at independent of each other, is not in acquiescence with Slydlock’s Unilateral policy.
The issuance of non-Slydlock rebates (in any form) on a Product(s) covered under this policy and/or listed in the Unilateral Grid below , is not in acquiescence with Slydlock’s Unilateral policy.
Advertising that requests the End User “call for best price,” or “add to cart for best price” is not in acquiescence with Slydlock’s Unilateral Policy.