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WHEREAS, Client has an unpaid claim for freight services and needs to file a claim against the Freight Broker’s surety bond (or any agent or third party acting on its behalf) bond;

WHEREAS, Client wishes to engage freebondfilings.com to file the claim against the bond and to engage freebondfilings.com in collecting against the Bond;

WHEREAS, freebondfilings.com agrees to file a claim against the bond on behalf of the Client;

WHEREAS, Client and freebondfilings.com agree to the following terms and conditions; and

THEREFOR the parties agree as follows:

The Recitals are incorporated herein by the reference and made a part of this Agreement.

1. Client engages freebondfilings.com to file against the freight broker’s bond, and for such claim Client will provide all the paper work necessary for freebondfilings.com to assert and pursue a bond claim including bills of lading, invoices etc.
2. As consideration for such services, Client will not pay freebondfilings.com for the bond filing but Client agrees that freebondfilings.com will be entitled to a 3% administrative fee on any collected money from the bond. Client further agrees that if not made whole by the bond Client will engage Baxter Bailey & Associates to pursue the collection of said unpaid freight services outside of the bond filing against any and all parties including the shipper for the unpaid freight services.
3. Client agrees that should Baxter Bailey & Associates pursue collection of the unpaid freight services outside the bond filing, then Client will be bound be the terms of BBA’s Collection Service Agreement, attached hereto as Exhibit 1 and incorporated herein by the reference.
4. Should any terms of this Agreement conflict with the Collection Service Agreement, the latter shall govern any such conflict.

Exhibit 1 -Baxter Bailey & Associates Agreement

1. This Agreement is made and entered into by and between You (Client) and Baxter, Bailey and Associates, Inc. (Agency), whereby Agency will attempt to collect certain unpaid accounts, judgments, insufficient checks, drafts and other instruments hereinafter collectively referred to as Account or Accounts which represents monies due client.  In consideration of the mutual covenants, terms and conditions herein contained, the Parties agree to the following.
2. Agency will be entitled to the following percentages collections made by AGENCY on clients' Accounts.
   
   

   Balance	0-60	61-90	91-120	121-180	181-365	365+
   $250-999	25.0%	30.0%	35.0%	50.0%	50.0%	50.0%
   $1000-4,999	15.0%	20.0%	22.5%	25.0%	30.0%	50.0%
   $5000-9,999	12.5%	17.5%	20.0%	22.5%	27.5%	45.0%
   $10,000+	10.0%	12.5%	15.0%	20.0%	22.5%	40.0%

   * All out of business debtors that are out of business at the time of placement are 50.0%
   * All second placements are 50.0%
   * All Bankrupt accounts are 50.0%

3. CLIENT authorizes AGENCY to endorse and deposit in its Account any and all checks, money orders, drafts, cash etc. made payable to or paid to AGENCY for CLIENT on accounts placed with AGENCY. CLIENT authorizes AGENCY to settle accounts for no less than seventy five percent (75%) of the principle balance placed.
4. Collections made by AGENCY on clients' Accounts will be deposited immediately into account maintained for clients' disbursements. All collections made by AGENCY on clients' accounts will be remitted to CLIENT less AGENCY collection fee, by the first Friday following the 15th of the month following collection. Client authorizes Agency to offset against the client’s remittance any open invoices due Agency. Agency will provide such statements, which will be descriptive i.e. (Debtors name, amount collected, amount due CLIENT, amount due AGENCY, balance of account).  CLIENT agrees to pay AGENCY its fees with in fifteen days after receipt of any Payments made to CLIENT directly on accounts placed with AGENCY. CLIENT agrees that any monies due AGENCY may be offset against any monies due CLIENT by Agency.
5. This agreement will be effective immeditele and continue in effect until terminated as herein provided. Either party may terminate this agreement by giving the other party thirty (30) days notice by certified mail. However, CLIENT may terminate this agreement immediately in the event AGENCY violates any of the terms or provisions of this agreement. Termination or cancellation of this agreement by either party will not affect the collection enforcement or validity of any accrued obligations owing between parties. Agency will retain commissions on paying accounts. All accounts returned by Client request, or accounts placed in error and or accounts paid prior to placement by CLIENT may be charged at the rate of 15% each account to cover set up and or collection cost. 
6. The laws of the state of Mississippi govern this Agreement and the parties acknowledge that this Agreement is entered into the State of Mississippi. In the event of any dispute concerning this Agreement, the parties agree that should either party seek to enforce any terms of this agreement, that any legal action of any nature shall be filed in a court of competent jurisdiction located in Desoto County, Mississippi.