Card-on-File and Autopay Authorization

Independent Tools (LCB Tools, Inc., DBA Independent Tool Solutions) · Version 2026-11-09 · Effective November 9, 2026

I authorize LCB Tools, Inc., doing business as Independent Tool Solutions and Independent Tools ("Independent Tools"), to store the card(s) saved to my account and charge them as described here.

1. What's stored

Cards covered: every card saved to your account now and any card you add later. Your account shows each card's brand, last 4 digits and expiration date.

Cards are stored as a secure token by our payment processor, Authorize.net. Independent Tools never keeps your full card number. If your bank issues a new number or expiration date, the processor's card updater may update it automatically, and this authorization covers the updated card.

2. What Independent Tools may charge, and when

The short version: what you owe on your account keeps getting charged to your saved card, wherever you go, until you're paid off. By opening an account, saving a card and taking tools home on account, you authorize Independent Tools to charge your saved card for: your scheduled payments; payments you've missed, plus late fees; sales where your card was declined but you took the tools; and returned checks. This keeps going after you change jobs, change shops, move, or stop seeing our truck. It also covers the updated card your bank issues to replace this one. Each of these charges is authorized by you now, even if you don't approve it again when it runs. The details are below.

a. Scheduled payments

• Website account: your weekly payment (10% of your balance, set at your last purchase, never more than $50) on the payment day you picked, plus any down payment at checkout.
• Route account: your agreed payment, on the schedule, day, time and card we agree on and record on your account and receipts.
• We never charge more than your balance. If you owe $0, nothing is charged.
• Website accounts run on autopay only. If autopay is stopped, the account closes to new purchases. You still pay at least your weekly amount on schedule with the pay link. Your card stays on file.

b. Unscheduled charges you agree to now

• Retries and late fees: route accounts get a $10 late fee the day a scheduled payment fails, and we re-run the payment plus the fee when you tell us the card is good, or at your next stop. Website accounts: if a scheduled payment fails, we retry it the next day. While you're past due, we retry the amount you're behind, plus any late fee, every 2 days until you're caught up.
• Declined route sales: if your card declined on a sale you took home, we may re-run that amount (or part of it) within 14 days. We text or email you first.
• Chargeback reversals: none. A lost chargeback goes back on your balance. We don't re-charge the card for it without your OK.

c. Charges you start yourself

When you tell us at the truck, on a pay link or at checkout to "put it on my card," we charge the amount you approve. At the truck you sign the pad receipt for it.

3. Amounts that change

Your payment amount can change when a purchase or a missed payment changes your balance. Instead of a notice 10 days before every change, I choose to be notified only when a single charge will be more than the amount below. Below that, I get a reminder 2–3 days before each scheduled payment and a receipt after it.

• Website: $200 (covers up to three missed weekly payments plus late fees). For any charge above that, we send you notice at least 10 days before charging.
• Route: three times your agreed payment. For any charge above that, we send you notice at least 10 days before charging.

4. Receipts and changes to this authorization

• You get an email (and a text, if you agreed to texts) receipt for every charge within 1 business day. It shows the amount, the card's last 4, the date and your new balance.
• We'll give you at least 7 days' notice by email or text before we change how much, how often or when we charge. A change that needs your agreement under the Charge Account Agreement won't happen without it.
• Charges show on your statement as INDEPENDENT TOOL SOL or LCB TOOLS, with our phone (208) 731-9819.
• No surcharge or convenience fee is added to account payments.

5. How long this lasts, and how to cancel

This authorization lasts until your balance is $0 and your account is closed, including after you leave your job, your shop or our route. While you owe a balance, you must keep a working card on file, and you can switch to a different card any time. To stop automatic charges or remove a card:

• tap Remove card or Turn off autopay in your account; or
• email accounts@independenttools.co, text "cancel autopay" to (208) 731-9819, or tell Logan at the truck.

We stop automatic charges within 3 business days of your request. Cancelling doesn't erase what you owe. Stopping automatic charges, through us or your bank, does not cancel or reduce what you owe. You must make every payment on time another way (the pay link, or at the truck for route accounts). If you miss a payment after stopping autopay, your account is in default and your whole balance comes due (Charge Account Agreement A12 and A14). Charges made before we received your cancellation stay authorized. Asking your bank to block or reverse a payment you owe doesn't cancel the debt or this authorization's earlier charges. For a website account, a saved card is required to keep using the charge account, so after removing your last card you can only pay down your balance. Cancelling a route schedule leaves your route account open. You pay at the truck instead.

6. Refunds and disputes

If we charge you by mistake, tell us and we'll refund it to the same card within 5 business days. Returns and refunds otherwise follow the Charge Account Agreement and the Returns, Refunds and Warranty policy. Please call us before disputing a charge with your bank. Most problems are fixed the same day.

7. Your copy and our records

We email you a copy of this signed authorization right after you sign, and it's always in your account. We keep it for at least 2 years after the last charge under it and will give it to your card issuer if asked.

Signature

• ☐I authorize the charges described above to the card(s) saved to my account.
• ☐I'm an authorized user of these cards.
• ☐I've received a copy of this authorization.