Credit Application

The undersigned hereby agrees that should a credit account be opened, and in the event of default in the payment of any amount due, and if such is submitted to a collection authority, to pay an additional charge equal to the cost of collection including court costs.

The undersigned individual who is either a principal of the credit applicant or a sole proprietorship of the credit applicant, recognizing that his or her individual credit history may be a factor in the evaluation of the credit history of the applicant, hereby consents to and authorizes the use of consumer credit report on the undersigned by the above named business credit grantor, from time to time as may be needed, in the credit evaluation process.

Normal terms are payment in full 3 days from date of delivery. Coles Energy, Inc. (CEI) reserves the right to adjust the terms and or credit limits when necessary. Past due accounts are subject to a 1 1/2% monthly finance charge (18% annual rate).

Applicant hereby authorizes CEI to obtain the necessary credit and financial information for the purpose of extending credit and authorizes CEI to release information in the future regarding credit history with CEI.

Applicant agrees to inform CEI in writing of any forthcoming changes in ownership or company status.

The laws of the state of Ohio and any applicable federal law will govern this agreement.

The applicant agrees to pay all collection costs including any legal fees incurred by CEI in the event that applicant defaults on payment of balances due to CEI.

Representatives signing below certifies that he/she is authorized to act on behalf and to legally bind applicant.

The undersigned agree(s) to be personally responsible for the indebtedness of applicant. I (we) hereby certify the information provided to Coles Energy, Inc. is true and correct to the best of my (our) knowledge.