Contract and Copy Regulations
Advertisement space is reserved on a first-come, first-served basis. IIBEC reserves the right to reject any advertisement that does not conform to IIBEC standards. The publisher selects ad placement at will with the exception of covers 2, 3, and 4 and page 3. If press-ready, scheduled ads are not received by the publisher copy closing date, the most recent ad of similar size will be repeated. No cancellations will be accepted after the cutoff date for space reservation. Advertisements requiring alterations of any kind, including type-setting, scanning, layout changes, color conversion, special artwork, composites and/or stripping will be billed to the advertiser at the printer’s prevailing rates plus a 10% service charge (minimum $50 per process). The publisher is not responsible for any errors made in the Advertisers’ Index. IIBEC will not be responsible for any inconsistencies of color if not provided with, in advance of publisher copy deadlines, a professional quality proof (Cromolin or Match). Whenever an error is made or allowance given due to color changes that do not lessen the value of the ad. The same rule applies to minor typographical errors. Claims for refund or adjustment on bills must be made by the 15th of the month. No allowances or reruns will be given except following the first wrong insertion. Advertisers and advertising agencies assume liability for all content (including text, representation, and illustrations) of advertisement printed and also assume responsibility for any claims arising from the ad made against the publisher.
Payment Terms
All prices quoted are net. IIBEC does not grant discounts for agency commissions. Invoices will be generated at the beginning of the month advertised. Invoices are payable upon receipt in US funds, net 30 days. Publisher reserves the right to hold advertiser and/or agency jointly responsible and liable for money due and payable to the publisher. Any outstanding invoices over 90 days will be paid with money collected for any event or service from the vendor. First-time advertisers may be required to provide credit card information or prepayment at the start of their advertising program. All advertisements outside the US or Canada must be prepaid.
Short-Rate and Rebates
Advertisers will be short-rated if, within an 11-month period from the first insertion, they do not use the amount of space upon which their billings have been based. Advertisers will be rebated if, within an 11-month period from the date of the first insertion, they have used sufficient additional space to warrant a lower rate than that at which they have been billed.