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flood light china|Sunshinelux|General and Exclusive Distribution Agreement

2022/07/06

Lighting Distribution Agreement

The distribution agreement contract given by the customer is reserved for future reference.

General and Exclusive Distribution Agreement

This agreement is made and entered into by and between the parties concerned on ----------. in Croatia and China on the basis of equality and mutual benefit to develop business on the terms and conditions mutually agreed upon as follows:

1- The parties concerned

Party A :

Company: -------------------------------------------------------------------------------------

Address, registered: ---------------------------------------------------------------------------------------

Factory address: ----------------------------------------------------------------------------------------

Party B :

Company:

Address:

2- Appointment

Party A hereby appoints Party B as its General and Exclusive Distributor to solicit orders for the commodities stipulated in Article 3 from consumers in the territory stipulated in Article 4, and Party B accepts and assumes such appointment.

3- Commodities

LED products – all items that are made by Party A stipulated in Article 1.

All commodities must have all the certificates for EU and must be labeled with all the necessary data of products on the each item and on the packaging.

The packaging must be labeled with all the data of General an Exclusive Distributor, such as Company name, address, and all the relevant data for the commodities.

All commodities must be packed for transportation by sea.

4- Territory

In Ex Yugoslavia (Croatia, Serbia, Slovenia, Bosnia and Hercegovina, Montenegro, Republic of Macedonia, Republic of Kosovo), Austria, Hungary, Romania, Bulgaria, Albania, Greece.

5- Exclusive Rights

In consideration of the exclusive rights granted herein, Party A shall not, directly sell or export the commodity stipulated in Article 3 to consumers in the territory stipulated in Article 4 through channels other than Party B. Party A shall refer to Party B any enquiries or orders for the commodity in question received by Party A from other firms or individuals in the territory stipulated in Article 4 during the validity of this agreement.

Party A will assure that all the customers from the territory stipulated in Article 4 for commodities stipulated in Article 3 will contact
the Party B - Distributor directly.

6- Prices and payment – delivery day

Prices for the commodity will be 5% lower (discount) than prices for regular customer, and it will be shown on each invoice.

Party B shall undertake the order for the commodity and Party A will immediately start the production of the commodities (if not on the stock) and the commodities should be produced in 30 days, maximum 45 days.

The payment for the commodities will be made on the 120th day (or 135 days if production time is 45 days) from the day that confirm the PI orders, all on the bank account of the Party A ___________________________________________.

Commodities will be FOB stowed L/S/D Shanghai – parity for delivery, not later than on 30th – 45th day.

7- Warranty

partyA will provide a two-years warranty on the items supplied by Party A to Party B, and would take the responsibility for any defective items not made artificially - Party A will increase each order by 10% of the commodities and sent them with the same order of Party B, as a guarantee.

Warranty will be valid at the time of purchasing by the end-user from the Party B.

8- Validity of Agreement

This agreement, when duly signed by both parties concerned, shall remain in force for 1 year -from 1st ----------- to 1st ----------------, and will be automatic renewal if both parties wouldn't terminates it.

9- Termination

During the validity of this agreement, if either of the two parties is found to have violated the stipulations herein, the other party has the right to terminate this agreement.

Party A : ------------------------ Party B :

------------------------.

Name : ¸ Name:

Position : Position : director

Signature : Signature:


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