BOLT Lock Minimum Advertised Price (MAP) Unlitaeral Policy
Last Revision February 1, 2023
Introduction:
STRATTEC Security (STRATTEC) a Wisconsin Corporation has determined that in order to preserve the brand integrity and value of its BOLT® family of locks is to institute a Unilateral policy for minimum advertised price (MAP).
Policy coverage:
This MAP policy covers all STRATTEC direct accounts located in the United States, however this policy is not an agreement nor does require any acceptance whatsoever from STRATTEC's customers. It is entirely within the discretion of the reseller whether to comply or not comply.
Unilateral action:
STRATTEC reserves the right to suspend or end its business relationship with any Retailer, Warehouse Distributor or other wholesale account that fails to meet this standard. STRATTEC also reserves the right to restrict the use of its trademarks including its BOLT® brand.
Contact Information:
All questions or comments regarding this MAP policy, or to report a pricing violation, are to be directed through: www.boltlock.com/pricing-policy.