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WHEREAS, the DISTRIBUTOR has offered to render its distributorship service for
the above-specified products of the SUPPLIER and the latter has granted the offer
accompanied with benefits and privileges accorded to its authorized distributors;
NOW THEREFORE, for and in consideration of the foregoing premises, the parties
herein have agreed as they hereby agree on the following terms and conditions:
1.
F.R.U Marketing will be the exclusive distributor for the R & D Care line
of products of SUPPLIER for the next TWELVE (12) MONTHS provided
that it would achieve a Purchase Order Quota of ONE MILLION THAI
BAHT for a period of one (1) month within the next fourteen (14) months;
2.
The time for the 14-month period shall commence on April 1, 2006 to June
1, 2007;
3.
4.
In the event that the DISTRIBUTOR has exceeded the Purchase Order
Quota, an additional discount of 3% from the annual purchase order.
This Agreement is subject for automatic renewal every five (5) years with provision
that the DISTRIBUTOR should satisfy the required purchase order within the monthly
quota.
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If for any reason the SUPPLIER violated any of the stipulations herein prescribed,
it will be required to pay a sum of ______________________________________ for the
consequential damages.
IN WITNESS WHEREOF, the parties herein have hereunto set their hands this
_______ day of ________________ 2006 in Quezon City, Philippines.
Represented by:
Represented by:
___________________________
President
_____________________________
General Manager
__________________________
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES)
QUEZON CITY METRO MANILA ) S.S
BEFORE ME, a Notary Public for and in Quezon City, this _______ day of
______________ 2006 at Quezon City, personally appeared the following:
Name
___________________________
___________________________
Date/Place Issued
_________________
_________________
_______________
_______________
known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledge to me that the same is their own free voluntary act and deed.
This instrument consisting of two (2) pages including this page wherein this
acknowledgement is written, refers to a Distributorship Agreement signed by the parties
and their instrumental witnesses in every page hereof.
WITNESS MY HAND AND SEAL on the date and place first above written.
Doc. No._________;
Page No._________;
Book No. ________;
Series of 2006.