NOTICE TO ALL SHAREHOLDERS
When the original Omni Optical Lab Agreement was signed in 2001 it included a 5% rebate on all shareholder purchases paid to the TSO Network. With the introduction and availability of the new Essilor Preferred Pricing Agreement, effective November 30, 2100 the 5% rebate has been discontinued.
In order to offset this loss of TSO Network revenue, the Board of Directors has voted to increase the monthly shareholder dues from $200 per month to $500 per month effective December 2011.
This applies to all shareholders regardless of whether or not you are participating in the Essilor Preferred Pricing Agreement.
The first $500 dues payment will be due to TSO, Inc. no later than December 10, 2011.
It has been calculated that the savings in the new Essilor Preferred Pricing Agreement will more than off-set the increase of $300 per month.
If you have any questions, please call 877-953-7600, Ext. 204.