TTI FLOOR CARE NORTH AMERICA
UNITED STATES UNILATERAL MINIMUM ADVERTISED PRICE POLICY
Effective Date: March 1, 2023
Royal Appliance Mfg. Co. d/b/a TTI Floor Care North America (“TTI”) recognizes that its high-quality Resellers invest time and resources to deliver an extraordinary customer experience through knowledgeable staff and compelling vendor presentation. To support its Resellers’ efforts, TTI wishes to establish policies that allow Resellers to earn the profits necessary to maintain the high level of customer excellence people have come to expect from TTI Resellers.
In order to successfully compete in the marketplace and to maintain its premium brand image, TTI has announced this Unilateral Minimum Advertised Price Policy (“UP”). Hereafter, all sales from TTI Resellers to end-users of products set forth in TTI’s UP Price Grid which can be found on the Portal located at https://authorization.ttifloorcare.com (the “Product(s)”) inside the United States shall be subject to this UP.
TTI Products covered and their coordinating minimum advertised prices are set forth in the UP Price Grid and shall be delivered or otherwise made available by TTI to the Reseller. TTI reserves the right from time to time to alter, modify, suspend, or cancel this UP, the Products covered, and/or the minimum advertised prices.
This UP does not restrict a Reseller’s right to establish independent advertised and/or resale prices of TTI Products. TTI reserves the right to determine whether a Reseller has advertised TTI’s Products at a net advertised price less than the minimum advertised price established in this UP. Upon such determination, TTI may, without assuming any liability, cancel all orders and may indefinitely refuse to accept new orders from the Reseller. Please note that following the actions of another Reseller is not an exception to this UP and will be considered non-acquiescence.
This UP has been unilaterally adopted by TTI. TTI neither solicits nor will it accept assurances by any Reseller of acquiescence with this UP. Nothing in this UP shall constitute an agreement between TTI and any Reseller of compliance with this UP. The Reseller within its own discretion can choose to acquiesce or not acquiesce with this UP. TTI will not discuss conditions of acceptance related to this UP. This UP is non-negotiable and will not be altered, modified, or amended for any Reseller.
The following are actions that constitute acquiescence with TTI’s UP:
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The offer of free shipping or financing on Product(s) listed in the UP Price Grid
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The offer of a gift card redeemable for value on a future purchase with the purchase of Product(s) listed in the UP Price Grid
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TTI, from time to time within its sole discretion, may announce promotional prices and bundles of Product(s) listed in the UP Price Grid
The following are actions that do not constitute acquiescence with TTI’s UP:
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Advertising that: i) states things such as “see price in cart,” “click to see price,” “add to cart for best price,” or “call for price”; ii) lists a price that is struck through; iii) does not list a price, or iv) contains any language or graphic representation that implies, or from which the end-user can infer, that the end-user may click through to the cart to see a price lower than that set forth in the UP Price Grid
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The issuance of non-TTI announced rebates (in any form, including coupon codes) on Product(s) listed in the UP Price Grid
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Combining a Product from the UP Price Grid with any other product for a combined price lower than the combined price of what the two (2) products could be advertised independent of each other as set forth in the UP Price Grid
TTI’s sales personnel have no authority to modify or grant exceptions to this UP. All questions regarding interpretation of this UP should be directed to the UP Committee at PolicyCoordinator@ttifloorcare.com.