PAYMENT TERMS AND CONDITIONS

This Payment Policy (“Policy”) governs all billing and payment obligations between YBG Marketing (“Company”) and the client (“Client”) for any and all services rendered.

1. Invoice Issuance

All invoices shall be issued on the first (1st) day of each calendar month for services provided during the applicable billing period, unless otherwise agreed to in writing by the Company.

2. Payment Due Date

All invoices are due and payable in full on or before the last day of the same calendar month in which the invoice is issued (“Due Date”). Payment shall be made without setoff, counterclaim, deduction, or withholding of any kind.

3. Late Payments and Interest

Any invoice not paid in full by the Due Date shall be deemed past due.

Past due balances shall accrue interest at a rate of nine percent (9%) per annum, or the maximum rate permitted under New York State law, whichever is lower, calculated from the Due Date until the date payment is received in full.

4. Account Status for Nonpayment

a. Account Hold

An Account Hold is a temporary status applied when an outstanding balance remains unpaid after the Due Date.

  • Work is not advanced, delivered, or presented for approval or release

  • Systems, platforms, and work already in progress remain intact

  • Social media accounts, email platforms, SEO tools, reporting systems, and publication setups are not turned off

  • The Company may prepare internally, but no materials are delivered to the Client

  • Short-term holds do not qualify for proration of monthly fees

An Account Hold does not relieve the Client of any payment obligation.

b. Account Pause

An Account Pause is a longer-term suspension of services, whether due to extended nonpayment or a Client-requested pause.

  • All active work stops and timelines are reset

  • Platforms, campaigns, and production efforts may be shut down or delayed

  • Restarting services may require re-onboarding, revised timelines, and additional ramp-up time

  • Extended pauses may be eligible for proration at the Company’s discretion, depending on length and scope

5. Suspension or Termination of Services

In the event any invoice remains unpaid past the Due Date, the Company reserves the right, in its sole and absolute discretion, to immediately suspend or cease all services without notice until all outstanding balances, including accrued interest, are paid in full.

Such suspension shall not relieve the Client of its obligation to pay any outstanding amounts.

6. Collection Costs

Client agrees to be responsible for and shall reimburse the Company for all reasonable costs incurred in connection with the collection of overdue amounts, including but not limited to administrative costs, attorneys’ fees, court costs, and collection agency fees.

7. No Waiver

The failure of the Company at any time to enforce any provision of this Policy shall not constitute a waiver of its right to enforce such provision at any later time.

8. Governing Law

This Policy shall be governed by and construed in accordance with the laws of the State of New York, without regard to conflict of law principles.

9. Acceptance

By engaging the services of YBG Marketing, the Client acknowledges that it has read, understood, and agrees to be bound by these Payment Terms and Conditions.

 

Updated 1/1/2026