7. PAYMENT TERMS:
1. Rates and Compensation: The Carrier will receive compensation at rates agreed upon
in writing before services are rendered. Rates may be conveyed through a rate sheet,
dispatch, load confirmation, or written agreement between the parties.
2. Billing Requirements: Billing requirements, including necessary documentation (such
as load tickets, scale tickets, and supporting paperwork), will differ based on the specific
project or job assignment. All requirements will be clearly outlined in the Welcome
Packet provided to the Carrier before work commences.
3. Payment Terms: Payment terms, including billing cycles and timelines (e.g., Net 10, or
otherwise), will be based on the specific project or job assignment and detailed in the
Welcome Packet provided to the Carrier.
4. Method of Payment: Payments will be made via ACH (Automated Clearing House)
unless otherwise agreed upon in writing.
5. Deductions and Offsets: Neaux Horizon Trucking & Logistics LLC reserves the right to
deduct any amounts owed by the Carrier, including but not limited to damages,
shortages, back charges, non-compliance penalties, or advances.
6. Disputed Charges: Any disputes regarding payment must be submitted in writing
within seven (7) days of receipt of payment. Failure to notify within this timeframe will
be deemed acceptance of payment as full and correct.
7. Final Payment: Final payments for Carriers will be issued thirty (30) days following the
end of the last billing cycle associated with their final running load week.
8. No Pay for Non-Compliance: Non-compliance with project requirements, including
but not limited to missing tickets, improper documentation, safety violations, or
unauthorized work, may lead to delayed or withheld payment.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first
written above.
Neaux Horizon Trucking & Logistics LLC
Mark Caliste
CEO