Delivery Services Master Supply Agreements Sample Clauses

Delivery Services Master Supply Agreements. The 2024 Delivery Services Master Supply Agreements (details as set out in section III of this announcement), set out the principal framework upon which the Group may supply delivery- and warehouse-related services to Hema, Shanghai Runhe, Shanghai Fengniao Biying and Guangzhou Kuaixing Tianxia, their respective subsidiaries and associates.
Sample 1
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Delivery Services Master Supply Agreements. (i) Key terms of the 2024 Delivery Services Master Supply Agreements Date : 25 January 2024 (after trading hours) Parties : (i) The Company (for and on behalf of the Group Companies), as the supplier, and (ii) Each of Hema, Shanghai Runhe, Shanghai Fengniao Biying and Guangzhou Kuaixing Tianxia (for and on behalf of their respective subsidiaries and associates as the purchaser (the “Alibaba Delivery Services Purchasers”) Term : Each of the 2024 Delivery Services Master Supply Agreements has a term of three (3) years from 1 April 2024 to 31 March 2027, unless at any time prior to the expiry of the relevant 2024 Delivery Services Master Supply Agreement, either party gives the other party of not less than three (3) months’ prior notice to terminate the relevant 2024 Delivery Services Master Supply Agreement. Nature of transaction : Pursuant to the 2024 Delivery Services Master Supply Agreements, the Group Companies agreed to supply to certain Alibaba Delivery Services Purchasers, and such Alibaba Delivery Services Purchasers agreed to purchase from the Group Companies delivery- and warehouse-related services. Prices and fees : The price for the delivery- and warehouse-related services shall be determined at the time of the particular supply of delivery- and warehouse-related services (either by entering into written contract or making order) with due regard (i) to the price charged for comparable services offered by independent third party service providers at the time of a particular transaction; and (ii) where comparable market prices are not available, to the agreed prices negotiated between the parties with reference to transaction size, nature of cooperation, cost structure, market condition and development strategy. The agreed price shall be based on actual or reasonable estimates of cost and profit. Reasonable profit estimates shall be determined with reference to the nature of services and the estimated profit margin of the Group Companies’ retail sale of such services.
Sample 1

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