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WHEREAS, the Seller is in the business of bottling natural spring water, known as
Nariwa water (the “Product”);
3. Payment. One-half (1/2) of the purchase price of the whole containers of the
Product constituting each order shall be paid contemporaneously with the placement of the order.
The remaining one-half (1/2) of the purchase price shall be paid prior to delivery of the order to
the Distributor.
4. Delivery of Product. Distributor shall provide to Seller one and one-half (1 1/2)
months written notice of Distributor’s requirements for the Product for each month. Seller shall
use its best efforts to supply the Product to Distributor; provided, however, that Seller shall not
be liable for failure of delivery caused by limitations on supply or circumstances outside Seller’s
control.
5. Internet Price. The retail price suggested by Nariwa ($80.00 plus shipping per
case) is standard and must be used by all distributors, wholesalers and retailers for advertising on
the Internet. Therefore, no one may advertise Nariwa publicly at a discount control.
6. Studies and Research. Distributor shall not be responsible for any costs
(including Product purchase price and shipping costs) for Product shipped from Distributor’s
inventory at the request of Seller for study and research. Seller agrees to reimburse Distributor
for the cost of such Product.
7. Advertising Materials. Distributor shall use its best efforts to promote the sale of
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the Product. Seller shall provide Distributor with advertising and/or promotional materials,
including HTML coding to be used on Distributor’s website, from time to time to be used by
Distributor. Distributor may develop advertising and/or promotional materials for the Product,
including any web, e-mail, Usenet newsgroups, or other Internet or on-line promotional
materials. However, Distributor must obtain Seller’s consent prior to Distributor’s use of such
materials.
9. Property Rights. Distributor acknowledges that the Product is the sole property of
Seller. The Product is intended to be sold as bottled water. No products may be developed from
the Product, and no patent application shall be made, nor product produced or sold, without the
prior express written permission of Seller.
10. Term. This Agreement shall commence upon execution of this Agreement and
continue for a period of one (1) year. Except as hereinafter provided, the term shall be
automatically renewed and extended for successive one (1) year periods. Notwithstanding the
foregoing, either party may elect not to renew the initial or any successive term by giving written
notice to the other party not less than ninety (90) days before the expiration of the initial term or
the successive period, as the case may be. In the event of such timely notice, this Agreement
shall terminate as of the last day of the term in which such notice was given.
11. Termination. Notwithstanding the stated term of this Agreement, the following
provisions shall apply.
A. Either party shall be entitled to terminate this Agreement at any time upon
ten (10) days written notice in the event of any of the following:
(iii) the other party materially failing to perform its obligations under this
Agreement and not correcting same within thirty (30) days following written notice
thereof from the other party (or, in the case of breaches that are of a type that cannot
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reasonably be corrected within such period, does not commence corrective action within
that period and complete the same within an additional thirty (30) days thereafter).
B. Termination shall not operate to release either party from the payment of
any sum then owing to the other party and shall not prejudice such rights of either party.
12. Indemnification. Distributor shall indemnify, defend and hold Seller harmless
from any claims arising from a customer’s complaint regarding the condition of the Product,
including damaged or missing Product.
13. Entire Agreement. This Agreement represents the entire agreement between the
parties hereto and supersedes all prior oral and written agreements. This Agreement may be
amended, modified or supplemented only by written agreement of the parties.
14. Assignment. This Agreement shall not be assignable by either party without the
prior written consent of the other party.
NARIWA, INC.
By: ________________________________
Ken Haibara, President
Date:________________________________
SELLER
By: ________________________________
Date:________________________________
DISTRIBUTOR