1. DISHONOURED PAYMENT CHARGE

1.01 For each dishonoured payment returned from a bank or other financial institution, for lack of sufficient funds or inability to process payment, Bruce Telecom will charge the customer $20.00.

Effective September 1, 2010 the dishonoured payment charge will increase to $40.00.

2. LATE PAYMENT CHARGE

2.01 The customer is responsible for payment to Bruce Telecom of charges for all services and equipment furnished. Fixed charges are billed and payable monthly in advance and other charges are payable when billed.

2.02 Bruce Telecom may assess a late payment charge which provides for administration and carrying charges related to accounts that are owed to Bruce Telecom and are in arrears. The late payment charge applies when payment has not been received by Bruce Telecom within 15 days of the billing date.

2.03 The charge is at the compound rate of 1.00% a month (12.68% a year) of the unpaid amount.