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CREDIT APPLICATION

DESCO, INC.

Home Office

1205 Lincolnton Road - PO Box 1809

Salisbury, NC 28145-1809

(704) 633-6331

Branches:         950 Talbert Boulevard         1935 Hilco Street                  260 Rolling Hills Road                         2014 North Side Drive

                                Lexington, NC 27292           Albemarle, NC 28001           Lakeside Industrial Park                     Statesville, NC 28677

                                (336) 248-5126                       (704) 983-5392                       Mooresville, NC 27561                        (704) 872-7661

                                                                                                                                     (704) 663-1633

PHYSICAL ADDRESS:

BILLING ADDRESS:

PHONE NUMBER: Business:  Home:

NOW EMPLOYED: Work Number:

ESTIMATED LINE OF CREDIT $

*** IF OTHER THAN 6% TAX RATE YOU MUST FURNISH APPROPRIATE TAX CERTIFICATE WITH THIS APPLICATION. ***

TERMS: 1% NET 30 DAYS OR NET AS STATED ON INVOICE. 1½% ON PAST DUE BALANCES THERE AFTER

BANK REFERENCES:

NAME:

ADDRESS:

PHONE NUMBER:  BANK OFFICER

TRADE REFERENCES:

      COMPANY                                     ADDRESS                                             PHONE NO                           PERSON TO CONTACT

1.

2.

3.

SIGNATURE OF OWNER OR OFFICER TITLE

( by entering information in the above block, the information will become a legal and binding signature)

                                               SPOUSE THE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 OF January February March April May June July August September October November December 2001 2002 2003 2004 2005

 ( by entering information in the above block, the information will become a legal and binding signature)

                                                SOCIAL SECURITY NUMBER

PLEASE COMPLETE ALL LINES AND RETURN APPLICATION TO HOME OFFICE

GUARANTY AGREEMENT:

WHEREAS, THE UNDERSIGNED HAS REQUESTED DESCO, INC. TO EXTEND CREDIT

TO OF

I (WE) HEREBY GUARANTEE THE PAYMENT OF ANY ACCOUNT DUE OR TO BECOME DUE BY SAID COMPANY TO DESCO, INC., INCLUDING REASONABLE ATTORNEY'S FEES INCURRED, IF ANY, FOR THE COLLECTION OF SUCH DEBT. THIS GUARANTEE SHALL REMAIN IN FULL FORCE AND EFFECT UNTIL REVOKED IN WRITING BY THE UNDERSIGNED. REVOCATION DOES NOT RELIEVE THE GUARANTOR OF ANY EXISTING OBLIGATION FOR BALANCES DUE DESCO, INC., WHETHER CURRENT OR PAST DUE AT TIME OF REVOCATION.

WITNESS  (SEAL)

                                                                              JOINT AND SEVERAL (GUARANTOR)

 ( by entering information in the above blocks, the information will become a legal and binding signature)

WITNESS  (SEAL)

                                                                               JOINT AND SEVERAL (GUARANTOR)

 ( by entering information in the above blocks, the information will become a legal and binding signature)

ACCEPTED: DESCO, INC.

BY: _____________________________________________________, SALES REPRESENTATIVE

APPROVED BY: ___________________________________________, CREDIT MANAGER

ON BEHALF OF THE MANAGEMENT AND STAFF OF DESCO, INC., WE WOULD LIKE TO THANK YOU FOR APPLYING FOR CREDIT WITH US. WE HOPE THAT A BUSINESS RELATIONSHIP THAT IS MUTUALLY BENEFICIAL WILL BE ESTABLISHED AND MAINTAINED.

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