Effective Date: This agreement shall become effective as of 1 July 2024 (the “Effective Date”).

1. Introduction

The Agreement outlines the discount agreement provided by Rooser SAS, located at 13 Rue du Clos de Matignon, 35400 Saint-Malo, France, and Rooser Limited, located at84 Commercial Street, Edinburgh, EH6 6LX, Scotland (collectively referred to as "Rooser”), and constitutes an agreement between Rooser and the participating Supplier (“Supplier”).  

For the purposes of this Agreement, a “Supplier” is considered to be any “Seller” as defined here. This Agreement provides for a 3% commercial discount in exchange for seven (7) day payment terms, as detailed below.

2. Commercial Discount

As of the Effective Date, the Supplier undertakes to grant a 3% discount on the total amount of the invoice, including VAT where applicable. Rooser undertakes to issue payments for invoices within seven (7) days from receipt of goods, subject to any delays caused by public holidays, weekends, or other unforeseen circumstances that may affect the processing of payments.

The discount will be issued by Rooser as a credit note and applied to the Supplier account, unless otherwise agreed in writing.

3. General Conditions

1. 3.1 All suppliers must be registered with a valid Rooser account.
2. 3.2 Rooser reserves the right to modify these terms and conditions at any time. Changes will be effective immediately upon posting to Rooser's website and/or direct communication with the supplier.
3. 3.3 Rooser reserves the right to suspend or terminate a supplier's participation for breach of these terms, including but not limited to failure to maintain good standing.
4. 3.4 At Rooser’s discretion, invoices that are blocked due to a pending claim or request for credit note may not be subject to seven (7) day payment terms and will only be paid once the matter has been resolved. 
5. 3.5 This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction in which the relevant Rooser entity is registered.
6. 3.6 This agreement is subject to the standard Terms and Conditions, which are incorporated by reference and apply to all discount arrangements outlined herein. The Terms and Conditions are available here.