Vendor Door Catalogs PlastPro 2020 Price Book | Page 35

Eligibility
The Plastpro Inc. Co-Op Program is offered to all authorized Plastpro Distributors.
CO-OP Programs
CO-OP ADVERTISING PROGRAM
Each Plastpro Distributor will have a Co-Op Fund (“The Fund”) established to administer this program.
Funds to be used for reimbursement of promotional expenditures will be calculated based on a fixed 1%
of Total Net Purchases from Plastpro 2000, Inc. for Plastpro products during the Fund Period of January
1st to December 31st of the previous year. The Total Net Purchases will equal the total of all invoices
for Plastpro’s products to the Distributor during the Fund Period after adjustment for freight, special
packaging, and other handling costs. Funds accrued during the Fund Period may be used to reimburse
the Distributor during the Reimbursement Period. The Distributor will have thirty(30) days from the date
of the promotional expense’s invoice to submit a claim to Plastpro for the reimbursement under Co-Op
Program. Co-Op request claims must be submitted by Dec 10 of the same year.
Under this program, Plastpro will Co-Op the Distributor’s expenses dedicated to promoting Plastpro’s
products up to the limit of the Fund and subject to the restrictions set forth below. Only expenditures
used directly to promote Plastpro’s products are eligible for reimbursement and Plastpro will not
reimburse Distributors for costs associated with the development of the promotion. No additional
reimbursement above the fund limit will be made with out prior written approval from Plastpro. No
advertising agency expenses (except for media print spaces expenses) will qualify for reimbursement.
No freight charges or postage fees are eligible. Printed pieces without Plastpro’s approved logo will
not be reimbursed. Any promotion over $500 or not stated in the Plastpro Inc. Co-Op Program must
be pre-approved by Plastpro Marketing Manager, pre-approval request can be sent via email.
If the Distributor has multiple branches, and all purchases from Plastpro for branches are made through
a central purchasing location, the request for Funds must come from that central purchasing location
and any resulting reimbursement from the Fund will be paid to only that central purchasing location.
Plastpro will reimburse the Distributor, by check only, within one month of receipt and approval of
the claim. Deductions by the Distributor to Plastpro’s invoices for any reimbursement for promotional
expenses under this Program are not authorized and will not be accepted by Plastpro.
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