Terms of Agreement for Web Ads

Full Terms & Conditions for Bloom Website Advertising

Payment is due in full for the first three (3) months of advertising on execution of this Agreement.  Thereafter, Advertiser will be billed in three (3) month intervals through the conclusion of this Agreement.  The Advertiser must pay in full, without additional notice or demand, for each subsequent three (3) month installment within ten (10) days of the invoice date.  A default occurs on Advertiser’s failure to comply with the obligations of this Agreement, including failure to make complete and full payment within ten (10) days of any invoice date.  Upon Advertiser’s default on the terms of this Agreement, by failure to pay when required or otherwise, Bloom may remove Advertiser’s ads from its site immediately and is required to run no further ads of Advertiser.  Bloom may immediately accelerate the balance owed on Advertiser’s contract through the end of the Agreement and Advertiser is required to pay for the ads set forth in this Agreement, although Bloom is not required to run any further ads following default.  Advertiser further acknowledges that Bloom is not required to seek any alternative advertising upon client’s default.  Bloom may recover attorney fees and court costs it incurs related to Advertiser’s default.  Interest will accrue on unpaid balances at the rate of 1 ½% per month.  The Advertiser’s obligation to pay for ads under this Agreement survives termination of the Agreement.  This Agreement constitutes the entire agreement and understanding between the parties and shall not be modified, altered, changed or amended in any respect unless in writing and signed by both parties.  It is understood and agreed that time is of the essence as it applies to all terms and conditions contained herein.  If more than one person signs this agreement as an Advertiser, the obligations hereunder are joint and several.  Failure by Bloom to strictly enforce any term of this agreement shall not constitute a waiver of any subsequent default.  This agreement and all transactions contemplated hereby shall be governed by the laws of the State of Indiana.  Any action arising hereunder may be brought only in a court of competent jurisdiction located in Monroe County, Indiana, and the parties hereby consent to such exclusive jurisdiction.