WHEN PLACING ACCOUNTS FOR COLLECTION, CREDITOR AGREES:

To notify the National Collection Services, div. NGMC (hereinafter referred to as NCS) promptly of all payments received, and pay charges for all collections in accordance with scheduled commission rates. When a return of merchandise is accepted by the creditor in full or partial settlement of an account being handled by NCS, the rates quoted will apply on 50% of the invoice value of the returned merchandise.

That NCS may endorse for deposit and collection, in the name and on behalf of Creditor, checks or other negotiable instruments received on accounts placed with it for collection, and to deduct any applicable charges there from.

That NCS in the absence of specific prior designation or other instruction, is authorized to select one or more bonded attorneys to act on behalf of Creditor in any matter where such action is deemed necessary and is authorized to continue correspondence with such attorney, for the purpose of channeling information, securing progress reports and transmitting proceeds of amount collected; but this authorization shall never be construed to prohibit direct communication between Creditor and its attorney, if desired.