Friend of Toro Order Policy
POLICY
In order to promote Corporate goodwill, it is Toro's policy to grant special pricing of 10% premium over distributor net discount on new equipment purchases to certain special customers at the discretion of an officer or the division controller of The Toro Company. Moral, ethical, and/or legal standards will receive full consideration prior to granting such a price. (Refer to: Code of Conduct). An Officer of the Company is defined as a Vice President or higher in Toro (all divisions, subsidiaries, etc.)

PROCEDURE
  1. A person outside the Company who wishes to purchase a Toro product under this plan must have the approval of an officer or the division controller.
  2. Any employee may login to the online Employee Store to request a Friends of Toro order. The employee must log in, select the product the Friend of Toro wishes to purchase and then select "I want to place an order for a Friend of Toro Co" at the check out.
  3. Under this policy, equipment is picked up from a Toro facility at no charge or shipped to the special customer. The individual purchasing the product pays a price of 10% premium over distributor net.
  • The employee is responsible for final approval of the purchase request. A copy of the Friends of Toro request will be cc'd to the employee's supervisor.
  • Bad debts (the Special Customer not paying) are charged to the cost center of the person requesting the sale and a copy of the bad debt charge is forwarded to the Division Controller and the Corporate Treasurer.
  •