SCREENBEAM, INC. MINIMUM ADVERTISED PRICE POLICY ("MAP")
In order to protect ScreenBeam’s reputation for exceptional products and technology, ScreenBeam, Inc. (“Company”) has adopted a Minimum Advertised Price Policy for all its products. The policy is as follows:
The foregoing is a statement of Company’s unilateral policy and expresses the terms upon which Company will deal with its distributors, and retail sellers of Company Products. Company may modify this policy from time to time. Company will not seek nor enter any agreement or understanding concerning the establishment of its product prices that you may advertise or charge.
Company has established a Minimum Advertised Price for all products sold by Company, including those under other brand names, for which a Minimum Advertised Price is specified on the current Company price list. Company’s prices as listed by Reseller on any “advertised” publicly displayed venue must be at or above the prices contacted in Company’s MAP prices. Deviation of three percent (3%) of respective SKU indicated MAP price is permissible to accommodate retail pricing. Company reserves the right to update its MAP policy from time to time. The Company’s MAP prices are available at screenbeam.com
It is Company’s unilateral policy to allow twenty-four (24) hours to bring advertising into compliance with this policy or Company will cease supplying the product either directly or through its authorized dealers in question for a period of fourteen (14) days, to any dealer whose advertising of the product (or to any distributor who sells to a dealer whose advertising of the product) (i) fails to display a price equal to or greater than the Minimum Advertised Price for the product as specified on the current Company price list; or (ii) contains a price lower than the Minimum Advertised Price set forth in the current Company price list. Company’s unilateral policy is to cease supplying for a period of thirty (30) days for any second violation, sixty (60) days for any third violation, and one (1) year for any subsequent violation of this policy as noted above.
This policy applies to all forms of dealer advertising including mailings, catalogs, displays at consumer exhibitions and shows, and any and all other forms of advertising media, including, without limitation, the Internet and any other electronic network. Any price information relating to Company products on an Internet website which can be accessed directly through any hypertext link or by any other method which uses the hypertext transfer protocol (http), including shopping cart pricing, is considered to be advertising for purposes of this policy. Mail in rebates, promotional coupon codes or electronic mail sent in direct response to a customer inquiry shall not be considered advertising.
This policy only concerns advertised prices and does not relate to actual sales prices of any item. Further, this policy applies equally to all Company distributors and resellers.
Reseller is responsible for monitoring its pricing integrity and may not employ a web crawl or web-price auto matching functions to automatically drop Product prices due to other external price drops. Resellers may direct competitive price issues to Company, or its Distributor and Company will manage any channel pricing issues.
Rebates and coop dollars given by Company’s Distribution partners are not to be taken to sell price, unless Reseller has received prior written approval from Company.
Reseller shall not bundle Company products unless Reseller has received prior written approval from Company.
Any free or discounted gift or service promotions related to Company’s Products must be pre-approved by Company.
The foregoing is a statement of Company’s unilateral policy and expresses the terms upon which Company will deal with its resellers. Company may modify this policy from time to time. Company will not seek nor enter any agreement or understanding concerning the establishment of its product prices that you may advertise or charge.
This policy shall not apply in any jurisdiction in which such policies have been deemed by any court or governmental authority to be unenforceable.
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Last updated: 12/4/2019