Credit Application

CREDIT APPLICATION AND ACCOUNT AGREEMENT

The undersigned Applicant and Purchaser ("Purchaser'') hereby applies and specifically request the establishment of open accounts with credit from Ceramica def Conca S.p.A. and/or Del Conca USA, Inc. for the purpose of purchasing certain goods on credit. Upon approval this Credit Application and Account Agreement will allow the setup of two (2) separate and distinct accounts; one with each entity will utilize its own separate invoices for the purchase of its goods. The following information is provided for consideration by both Ceramica del Conca S.p.A. and Del Conca USA in the approval ·of the Application. The Purchaser understands that the submittal of this Application does not constitute a credit account until approved by both Ceramica del Conca S.p.A. and Del Conca USA, Inc. To the extent a credit line is established, such credit line will be shared between the Purchaser's accounts with Ceramica de! Conca S.p.A. and Del Conca USA, Inc.

BUSINESS INFORMATION

BANK REFERENCE #1

TRADE CREDIT REFERENCES {Minimum of 3 Required)

Credit Reference #1

Credit Reference #2

Credit Reference #3

CREDIT APPLICATION AND ACCOUNT AGREEMENT

PURCHASER HEREBY AGREES THAT UPON THE EXTENSION OF CREDIT BY Ceramica del Conca S.p.A. AND/OR Del Conca USA, Inc. ALL PURCHASES BY PURCHASER FROM Ceramica del Conca S.p.A. AND/OR Del Conca USA, lnc. ARE SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS: 1. The Purchaser shall comply with and satisfy all payment terms, conditions and charges of Ceramica del Conca S.p.A. and/or Del Conca USA, Inc., or any subsidiary or affiliate of Ceramica Del Conca S.p.A. and/or Del Conca USA from time to time in effect, as determined in the sole discretion of Ceramica Del Conca S.p.A. and/or Del Conca USA, Inc., in connection with the sale of goods (collectively the "Goods"). 2. Prior to purchase of the Goods, the Purchaser shall provide truthful and accurate project information, including the name and address of the property owner and general contractor for each project to which the Goods will be delivered. 3. The Purchaser shall promptly notify Ceramica def Conca S.p.A. and/or Del Conca USA, Inc. by certified mail, of any change of ownership of the Purchaser. 4. The Purchaser agrees to pay Ceramica del Conca S.p.A. and/or Del Conca USA, Inc. for Goods provided by Ceramica del Conca S.p.A. and/or Del Conca USA, Inc., as applicable, at Ceramica del Conca S.p.A. and/or Del Conca USA, Inc. designated prices. Payment is due net 90-days from Bill of Lading for Ceramica del Conca S.p.A or the date of delivery of the goods, whichever is sooner; payment is due Net 30 days from Del Conca USA or the date of delivery of the goods, whichever is sooner. The Purchaser agrees to pay interest on all past due balances, at a rate of 1 ½% per month, but not to exceed the highest amount allowed by law. AH payments by Purchaser may be applied against open invoices at the sole discretion of Ceramica del Conca S.p.A. and/or Del Conca USA, Inc. 5. Checks in payment for Goods that are not honored by the bank upon which drawn may be subject to such charges as may be assessed in connection therewith under the laws of the State of Tennessee or, in the safe discretion of Ceramica del Conca S.p.A and Del Conca USA, Inc. bank. If Ceramica del Conca S.p.A and/or Del Conca USA, Inc. bank should charge a fee as independent consideration for the additional work required, the fee shall be passed on by Ceramica del Conca S.p.A and/or Del Conca USA to Purchaser for payment. The parties agree that this fee is not to be deemed and is not interest for the purposes of determining usury. 6. ln the event Purchaser's account should be past due, Ceramica del Conca S.p.A and/or Del Conca USA may engage a collection agency and/or attorneys to collect the account. In such event, Purchaser agrees to pay Ceramica del Conca S.p.A and/or Del Conca USA for any and aH attorney's fees, court costs, litigation expenses and collection agency fees that incurs for the collection of the account. Such fees and expenses are separate and apart from its liability for the account balance and accrued interest. All such fees and costs will be immediately due and payable to Ceramica del Conca S.p.A and/or Del Conca USA and Purchaser agree that all such fees or costs are supported by independent consideration provided by Ceramica def Conca S.p.A and/or Del Conca USA in the form of, among other things, the additional effort required for Ceramica del Conca S.p.A and/or Del Conca USA to collect the payments due and the fees and costs advanced by Ceramica del Conca S.p.A and/or to a collection agency and/or attorneys. The parties agree that all such charges are not interest. 7. Any legal action or proceeding with respect to Purchaser may be brought in the appropriate state or federal court of Knoxville, TN. Purchaser hereby consents to jurisdiction in such courts for the resolution of any and all disputes arising out of or related to Purchaser's credit application and account agreement, open account and/or the specific purchase of Goods from Ceramica del Conca S.p.A and/or Del Conca USA, Inc. Purchaser further waives any objection to the venue of any action or proceeding in any such court in Loudon County. 8. WAIVER OF JURY TRIAL: PURCHASER HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS IT MAY HAVE TO DEMAND THAT ANY ACTION PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR IN ANY WAY RELATED TO THIS CREDIT APPLICATION AND ACCOUNT AGREEMENT. PURCHASER'S OPEN ACCOUNT WITH CERAMICA DEL CONCA SPA/ DEL CONCA USA, INC. OR THE RELATIONSHIP OF THE PURCHASER AND CERAMICA DEL CONCA SPA/ DEL CONCA USA, INC. BE TRIED BY JURY. THIS WAIVER EXTENDS TO ANY AND All RIGHTS TO DEMAND A TRIAL BY JURY ARISING FROM ANY SOURCE, INCLUDING, BUT NOT LIMITED TO, THE CONSTITUTION OF THE UNITED STATES, THE CONSTITUTION OF ANY STATE, COMMON LAW, OR ANY APPLICABLE STATUTE OR REGULATION. EACH OF PURCHASER CERAMICA DEL CONCA SPA/ DEL CONCA USA, INC.HEREBY ACKNOWLEDGE THAT EACH IS KNOWINGLY AND VOLUNTARILY WAIVING THE RIGHT TO DEMAND TRIAL BY JURY. 9. The extension by Ceramica del Conca S.p.A and/or Del Conca LJSA, Inc. of credit availability to the Purchaser and the amount and the terms of such credit availability are in the sole, absolute and exclusive discretion of Ceramica del Conca S.p.A and/or Del Conca USA, lnc. Ceramica de] Conca S.p.A and/or Del Conca USA, Inc. reserve the right to terminate the extension of credit availability to the Purchaser at any time with or without notice and to change any of the terms and conditions thereof upon notice to the Purchaser. 10. As applicable, Ceramica del Conca S.p.A and/or Del Conca USA, Inc. warrant title to the Good(s) purchased from such entity and, except as noted below with respect to items Ceramica del Conca S.p.A and/or Del Conca USA, Inc. do not manufacture, also warrants such Good{s) on date of shipment to Purchaser, to be of the kind and quality described herein, merchantable, and free of defects in workmanship and material. 11. THIS WARRANTY IS IN LIEU OF All OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THOSE OF MERCHANTABILITY AND FITNESS FOR A SPECIFIC PURPOSE - WHICH ARE SPECIFICALLY DISCLAIMED, AND CONSTITUTES THE ONLY WARRANTY OF Ceramica del Conca S.p.A and/or Del Conca USA, Inc. WITH RESPECT TO THE GOOD(S). 12. NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT, THE TOTAL LIABILITY, IN THE AGGREGATE, OF EITHER CERAMICA DEL CONCA S.p.A. AND/OR DEL CONCA USA, Inc. TO PURCHASER AND ANYONE CLAIMING BY OR THROUGH PURCHASER, FOR ANY AND ALL CLAIMS, LOSSES, COSTS, ATTORNEYS' FEES OR DAMAGES {OF ANY FORM, INCLUDING CONSEQUENTIAL DAMAGES), RESULTING FROM OR IN ANY WAY RELATED TO THE ACCOUNT OR THIS AGREEMENT FROM ANY CAUSE OR CAUSES SHALL NOT EXCEED THE TOTAL AMOUNTS PAID TO Ceramica def Conca S.p.A and/or Del Conca USA, Inc. FOR THE GOODS PURCHASED FROM SUCH ENTITY. IT IS INTENDED THAT THIS LIMITATION APPLY TO ANY AND ALL LIABILITY OR CAUSE OF ACTION HOWEVER ALLEGED OR ARISING, UNLESS OTHERWISE PROHIBITED BY LAW. 13. This Agreement merges all previous contracts, understandings, representations and negotiations between or among Purchaser, Ceramica Del Conca S.p.A. and/or Del Conca USA, whether oral or written, and constitutes the entire agreement and understanding between the parties. No alterations, modifications or changes to this Agreement shall be valid except by an instrument in writing and signed by each party to this Agreement.

FEDERAL EQUAL CREDIT OPPORTUNITY ACT

RIGHT TO REQUEST SPECIFIC REASONS FOR CREDIT DENIAL: If your application for credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain such statement, please contact Ceramica del Conca S.p.A. and/or Del Conca USA credit manager, at the above-identified address within sixty (60) days of the date you are notified of its decision. Ceramica del Conca S.p.A and/or Del Conca USA, Inc. will send a written statement of the reason(s) for the denial within thirty (30) days of receiving your request for such statement. NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from-discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age {provided the applicant has the capacity to contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, and Washington, DC 20580. The Purchaser hereby certifies that all information contained in the Credit Application and Account Agreement is true and correct. The undersigned individual, who is either a principal of the Purchaser or a sole proprietor, recognizing that his or her individual credit history may be a factor in the evaluation of the credit history of the Purchaser, hereby consents to and authorizes the use of a consumer credit report on the undersigned by Ceramica del Conca S.p.A and/or Del Conca USA, from time to time as may be needed, in the credit evaluation process. The Purchaser and the undersigned individual agree to provide Ceramica del Conca S.p.A. and/ or Del Conca USA, Inc. with an updated credit application every year as a condition for the continued extension of credit by Ceramica de! Conca S.p.A and/or Del Conca USA.

Purchaser Required Signatures

CONTINUING PERSONAL GUARRANTY GUARANTEE

AS AN INDUCEMENT TO EXTEND CREDIT AND FOR VALUE RECEIVED, the undersigned endorser(s), do hereby personally and individually, jointly and severally, unconditionally and irrevocably, guarantee and agree to pay to Ceramica del Conca S.p.A and/or Del Conca USA, Inc. any and all indebtedness, obligations, and/or liabilities (including attorneys' fees) due on the account(s) of the undersigned Business With Ceramica del Conca S.p.A. and/or Del Conca USA, Inc. the undersigned also waives any requirement that any action be taken against the account debtor or other persons liable for the repayment of such sums. I (we) waive notice of acceptance, presentment, demand for payment, notice of dishonor, protest, or notice of non-payment, and all other forms of notice whatsoever and diligence in collection with respect to the obligations covered hereunder. This Guaranty is subject to the same terms and conditions as set forth in the foregoing Credit Application and Account Agreement among the undersigned individual and Ceramica del Conca S.p.A. and/or Del Conca USA, Inc., receipt of which is hereby acknowledged and incorporated herein by reference.

GUARANTOR INFORMATION

BANK AUTHORIZATION

Ceramica del Conca S.p.A / Del Conca USA, Inc.

Agreement

I hereby authorize you to release information to Ceramica del Conca S.p.A. and / or Del Conca USA, Inc. regarding our commercial business checking account(s) and loan history, for the purpose of establishing an open credit account.

RESALE CERTIFICATE

Ceramica del Conca S.p.A / Del Conca USA, Inc.

HEREBY CERTIFY

HEREBY CERTIFY * That l hold a valid seller's permit number (added Below) issued pursuant to the sales And use tax laws in the state of (Added Below) * That I am engaged in the business of selling (Add Below) * That the taxable items described below will be resold, rented or leased by me within the geographical limits of the United States of America, its territories and possessions, or within the geographical limits of the United Mexican States, in their present form or attached to other taxable items to be sold. * l understand that if I make any use of the items other than retention, demonstration or display while holding them for sale, lease or rental, I must pay sales tax on the time of use based upon either the purchase price or the fair market rental value for the period of time use. * I understand that it is a criminal offense to give a resale certificate to the seller for taxable items that I know, at the time of purchase, are purchased for use rather than for the purpose of resale, lease or rental and, depending on the amount of tax evaded, the offense may range from a Class C misdemeanor to a felony of the second degree.

CERAMICA DEL CONCA S.p.A. and/or DEL CONCA USA LOCATION

CERAMICA DEL CONCA S.p.A. and/or DEL CONCA USA 155 DEL CONCA WAY LOUDON, TN 37774 USA