Document 2qRV7qXRQr0G5pdqgOG9aOjxb

COVER ONE SUBJECT ONLY IN EACH LETTER Yo u r l e t t Sr o r : subj ec t : ~ DATE STEIN PAINT AGREEMENT T Mr. J. Henricb. * PROM Mr. K. C. Specht DIVISION OR BRANCH . March 22, 1967 Re c e iv e d MR 2 |967 &aa As per our telephone conversation this morning, I am attaching a copy of our Dealer Warehouse Agreement with the Stein Paint Company of Miami Florida dated 10/17/63. We now find ourselves in the position of possibly being able to open a very large dealer in the Miami Florida area which could ultimately purchase $400,000 per year in Dutch Boy Paint products. In the event we are successful in making a deal with the new pros pect, we do not want to allow Stein a 5% commission on direct sales to this account. Should the existing agreement with Stein Paint, specifically para graph 3, be modified? If so, how? Yours very/truly, KCS:ko ^ Att. K. C. SPECHT NL 000041505 MAXIMUM RETENTION DATE >A0 ifj 545 WIST FLAGLER ST. MIAMI 3, FLORIDA May 25, 1964 TEL. FR 3-3307 .i | f Mr. Ken Specht National Lead Company 111 Broadway New York City, N. Y. Dear Ken: I thought you would like to have a copy for your files of our Dealer Warehouse Agreement with your Company, and I am accord ingly enclosing copy of same. Dutch Boy sales look bright white in the future in this area. Sincerely yours. AS:ol enc. Arthur Steih i N 27344.01 NL 000041508 AMOUNT OV FUNCTIONAL CREDIT The functional credit shall he l OK. It will be allowed on net sale.* to established Dutch Boy franchised dealers, approved by the manager os sales manager o f the brand.. Approval for a functional sale to any account other than defined above can only be granted by the New York General '5/-las Office. The functional credit will apply to all items, in our r egul. * printed Blue & White and Black & Yellow Price Lists with.the excepts jr of Keg Products. No credit will be allowed on any warehouse-dealer" : sales fro himself as a Dutch Boy dealer or to any paint outlet in wb-.-h his partnership or corporet:on maintains a financial interest. ! ! 1> QUANTITY SHIPMENTS Quantity discounts of 2,000 gallons at 71, 1,500 gallons at 5K and .Vsd gallons at 3% shall apply to the warehouse-dealer or any dealer set v' ! by the warehouse-dealer whenever the requirements of our quantity .si* = pment policy have been satisfied. ' il :i j) i 5 ' i ! j FUNCTIONAL CREDIT - QUANTITY SHIPMENTS t is the intent of the policy governing quantity shipments that all sucsY fli ipments will originate from N&tior.al Lead Company manufacturing pair. * . and will be shipped direct to the ordering dealer's store or warehouse The warehouse-dealer servicing an account receiving a direct quantity shipment will receive 8 functional credit of 5% on the net amount(a? deductions for quantity and case discounts)of such invoice. FREIGHT CHARGES^ .. All shipping" charges on shipments by the warehouse-dealer shall be borne by the warehouse-dealer. ADVERTISING ALLOWANCE The standard cooperative advertising arrangement will apply to all .`t!-.lets serviced by the warehouse dealer. Individual accounts requesting a-' -wM sing credit should apply to the local National Lead Company branch ofHce. INVOICING AND ACCOUNTS RECEIVABLE National Lead Company will do all billing and collecting. The ware; dealer assumes no financial responsibility on accounts receivable. N 27344.02 NL 000041507 ML 000041508