Texas Speed and Performance, a leader in the LSx industry, is based out of Georgetown, Texas. We offer all levels of aftermarket performance products from basic air induction and exhaust to cylinder heads, camshafts, stroker engines, and more! With our in-house cylinder head manufacturing, engine assembly and camshaft grinding facility, we can assist you with any of your high performance LSx and 2014+ 6.2L LT1/LT4 needs!
Effective immediately, Texas Speed & Performance, LLC (“Company”) independently and
unilaterally establishes this Minimum Advertised Pricing Policy (this “MAP Policy”) setting the
MAP Prices (as defined below) for all products under the following brand names: Texas Speed &
Performance (“TSP”) and Precision Race Components (“PRC”) (collectively, the “Products,” and
each a “Product”).
This MAP Policy applies to all resellers that sell the Products and all forms of reseller advertising
and media, including, without limitation, the internet and any other electronic network
(collectively, “Resellers,” and each a “Reseller”).
This MAP Policy completely amends and restates any minimum advertised policy previously
established by Company.
“MAP Prices” means the Manufacturer’s Suggested Retail Prices listed on the Company’s
applicable website or the price lists issued by the Company, as the same may be modified from
time to time by the Company in its sole discretion; provided, however, the MAP Prices for each
of the following Products will be (a) Manufacturer’s Suggested Retail Prices listed on the
Company’s applicable website or the price lists issued by the Company, plus (b) the minimum
shipping charges listed below:
This MAP Policy is not, nor is it to be construed as, an attempt by Company to set resale prices,
nor is it an agreement, between Company and any Reseller or other party.
Company will not accept any assurances of compliance with the MAP from any Reseller. Each
Reseller must independently choose whether to comply with the terms of this MAP Policy.
The MAP is not negotiable and will not be altered for any individual Reseller.
An important part of growing a high-quality brand is maintaining price points that reflect the true
value of the Products. Therefore, Company has implemented this MAP Policy which is designed
to:
1. prevent erosion of the perceived value of the Products; and
2. maintain sufficient profit margins so retailers can provide the shopping experience and
service customers expect.
Advertising and promotional activities play a critical role in establishing the image and reputation
of Company’s brands. This MAP Policy is designed to ensure that all Product advertising focuses
on features, benefits, guarantees, and quality. This advertising is essential to ensure that consumers
perceive an appropriate value for the Products. Company believes that this MAP Policy will
establish long-term value of Company’s brands in the minds of its consumers.
1. This MAP Policy shall apply to all of the Products and may be adjusted from time to time
by Company at is sole discretion.
2. This MAP Policy applies equally to all of Company’s direct Resellers as well as those who
purchase Products through any distributor of Products. Resellers who resell Products to
third-party internet sellers are required to inform the third-party internet seller of this MAP
Policy.
3. This MAP Policy applies to all forms of advertisements, posters, media sites, apps, or any
other electronic media as well as prints advertisements, posters, coupons, mailers, inserts,
newspapers, magazines, catalogs, television, radio, and public signage regarding Products.
4. Website features such as “click for price,” automated “bounce-back” pricing emails, pre-
formatted email responses, forms and automatic price display for any items prior to being
placed in a customer’s shopping cart, and other similar features are considered to be
communications initiated by Reseller (rather than the customer), and thereby constitute
“advertising” under this MAP Policy.
5. Sale of Products on any third-party e-commerce platform (including, but not limited to,
Alibaba, Amazon, buy.com, eBay.com, Jet.com, Newegg, Overstock, Rakuten, Sears,
Wal-Mart, etc.) is not permitted without prior written approval of Company; provided,
however, that all sales permitted on a third-party e-commerce platform must still comply
with the terms and conditions of this MAP Policy.
6. Advertising the bundling or inclusion of a free or discounted product (whether supplied by
Company or another manufacturer) with a Product is a violation of this MAP Policy and is
not permitted.
7. This MAP Policy also applies to any activity which Company determines, in its sole
discretion, is designed or intended to circumvent the intent of this MAP Policy.
1. This MAP Policy does not apply to the “shopping cart page” or any “check-out page” of
any Reseller’s website or related internet site (i.e., the page on which the consumer actually
completes the purchase of the Product).
2. This MAP Policy applies only to advertised prices and does not apply to the price at which
the Products are actually sold or offered for sale to an individual consumer. Further, this
MAP Policy does preclude Resellers from advertising the availability of non-Product
specific coupons for lower sales at checkout.
3. This MAP Policy does not in any way limit the ability of any Reseller to advertise that
“they have the lowest prices” or they “will meet or beat any competitor’s price,” that the
consumer should “call for a price” or to use similar phrases as long as the price advertised
or listed for Products is not less than the applicable MAP Prices.
4. This MAP Policy does not establish maximum advertised prices at which Products may be
sold. Resellers may advertise Products at any price in excess of the applicable MAP Price.
5. This MAP Policy does not apply to solely on premise or in-store advertising that is not
distributed to customers.
Resellers who violate this MAP Policy will be subject to loss of their eligibility to purchase the
Products. In the event there is a violation of this MAP Policy, Company will take the following
actions:
First violation – Should a Reseller violate this MAP Policy and not correct the violation
within 24 hours after being notified of the violation in writing by Company, Reseller will
be suspended from acquiring Products for thirty (30) days.
Second violation– Should a Reseller commit a second violation; Reseller shall be
suspended from acquiring Products for one hundred twenty (120) days.
Third violation – Should a Reseller commit a third violation, (i) Reseller shall be suspended
from acquiring Products for one (1) year, after which time Reseller must apply to purchase
Products; and (ii) all unpaid balances outstanding to Company at the time of violation shall
immediately become due and payable.
This MAP Policy is created independently and unilaterally by Company, without any involvement
of any Reseller or other third party.
From time to time, Company may implement promotions for Products covered by this MAP
Policy. Company further reserves the right to modify, suspend or discontinue this MAP Policy in
any manner and at any time, in its sole and absolute discretion. Without limiting the generality of
the foregoing, Company shall allow 30 days after the MAP Prices are increased for those increases
to be incorporated into Reseller’s advertising before it will be deemed a violation of this MAP
Policy.
No employee or sales representative of Company has any authority to discuss or modify this MAP
Policy and any action of any person, which claims to modify this MAP Policy or to solicit or obtain
the agreement of any person to this MAP Policy, is unauthorized and invalid. No oral
communications about this MAP Policy are authorized.
Besides monitoring and MAP policy enforcement we also develop a healthy relationship with your compliant sellers.
© 2022 MAP Service. All rights reserved
