Last Updated: 9/19/00



Settlement Report

The Settlement Report gives basic information regarding each lot received, such as:

Company Name: (Name of Company)
Company Division: (If we are servicing multiple divisions)
Contact: (Name of individual for contact purposes)
Lot Number: (Number assigned to lot for tracking purposes)
Reference Number: (Company issued tracking number)
Date Received: (Date material was received into Fox’s facility)
Date Returned: (Date of completion of processing)
Days Out: (Total number of days in Fox’s facilities)
Total Weight Received: (Gross weight of material received from customer)
Total Weight Returned: (Gross weight of material returned to customer)
Total Weight Retained: (Gross weight of material retained and recycled by Fox Electronics)
Total Quantity Parts Retained: (Total quantity of remarketable commodities recovered from each lot, compilation derived from Retainment Report)
Total Amount Due: (Total amount due customer for all remarketable products)
Total Lot
Destruction Charge:
(Total charges for destruction of material)
Prepayment Amount: (Amount of revenues prepaid to customer before receiving material into our facilities, if prepayment was required)
Balance Due Vendor: (Total amount due customer after reconciliation of all processes associated with the lot)
Balance Due Fox: (Total due Fox after reconciliation of all processes associated with lot)
Comments: (Area used to make comments with regards to specific details associated with lot)

 

Fox Electronics tracks the incoming and outgoing weights of each lot received into our facility for accountability. If your company shipped in 12,000 pounds of material for certified destruction or recycling, you want to make sure that 12,000 pounds were indeed received into our facility. The weights are verified during the receiving process, that way if there is a discrepancy, we can notify you immediately. We track lots in our facility throughout the process by either your reference number or by the receipt number issued by our staff upon arrival of your shipment.

All pertinent information is documented on the Settlement Report, so if you have any questions, our staff can quickly provide the information you require. The length of processing time varies, based on the size of the lot and the amount of material queued into our facility for processing, but we guarantee the lot will be completed within 45 days from the date received.

Our typical processing time is usually 30 days from the date received

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686 North King Road, San Jose, CA. 95133-1709
Telephone: (408) 929-4369 FoxFax: (408) 929-4373

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