Exhibit 10.9
Terms for a Distribution Agreement
Between Noville and Quick-Med Technologies, Inc.
November 17th, 2003
1. Noville will provide to QMT technical and scientific support services and
infrastructure for developing its NIMBUS technology as one or more Products
to be sold within the Business. Such services will include:
o Pilot plant facilities for developing products (in South Plainfield,
NJ)
o Office space and support in Noville's New Jersey Headquarters
o Scientific assistance including application chemists and other
technical support for performing product research and development
2. If a product that has been developed is viable for marketing and
distribution, Noville will either manufacture the Product or cause it to be
manufactured to suitable specifications.
3. Noville will provide the the business and professional services for
developing the Business. Such services shall include:
o Marketing and sales support
o Distribution in the personal care industry
4. The Business shall include:
o Personal care
o Oral care
o Household care
o Environmental
5. Products shall be any new or enhanced product using QMT's NIMBUS technology
or derivatives thereof.
6. Noville shall have the exclusive right to represent and develop NIMBUS in
the Business for a period of at least 5 years.
7. Noville will pay all costs associated with research and development of the
products while receiving technical assistance from QMT. If Xxxxxxx does not
possess the laboratory or technology to perform the required development,
then Noville will pay for such services from QMT at QMT's cost at
$12,000/month.
8. The net profits from the Business (defined as net revenues less cost of
goods sold and other direct expenses) shall be split (50%/50%) by the
parties.
9. This agreement is effective as of December 1, 2003 and will be reviewed
annually by the parties.
For Noville: For Quick-Med Technologies:
/s/Xxxxxx X. Xxxxx /s/Xxxxxxx X. Xxxxxxx
Date: Nov 17, 03 Date: Nov 17, 2003