Common use of Restocking Policy Clause in Contracts

Restocking Policy. Company reserves the right to deem product sold returnable. Upon approval, the following guidelines apply: • 5% of last (12) months total purchases may be returned with a 25% restocking fee or a 100% offsetting order. • No returns on goods purchased greater than (12) months. • Must be in the original package and in resalable condition. Must not have been used. • No stock returns accepted in the months of November and December.