Rebate Agreement
Exhibit 10.5
| Aster Graphics Company Limited | |
| Xxxx 0000,,00/X, Xxxxxxxx Xxxxx, Xxxxxxxxx Xxxxx,Xx.0 | |
| Science Museum Road,Kowloon,HK | |
Tel: 00-000-0000 0936 Fax:00-000-0000 0869 |
This Rebate Agreement dated as of 12th, March.2020,is between the seller Aster Graphics Company Ltd., and the buyer .
The agreed upon rebate amount is based on the amount received within the time frame of the Rebate Agreement. The rebate is to be disbursed based on the Rebate Schedule selected below. Any merchandised returned from the Buyer after the rebate has been disbursed. The total amount will be deducted from the next rebate period.
Program Details:
| Purchase Amount | Rebate% |
Agreed form of payment:
| ● | Every Invoice |
From 1st Jan.2020 to 31st Dec.2020, Aster will make credit note on 0.5% value after due date payment been done by invoices.
| ● | Yearly |
From 1st Jan. 2020 to 31st Dec.2020, if total amount of values of all invoices made in 2020 reach US$250,000, Aster will issue another additional credit note for 0.5% of this total value.
Other details:
| A. Rebate Type | B. Calculation Based on | C. RMA | ||
| Rebate same as credit note to charge against the future invoice | Paid Invoice | Not including RMA/Credit Memo | ||
| D. Length of Rebate | E. Payment Format | F. Rebate Based On | ||
| Every invoice | ||||
| Yearly | Credit note | Total amount of toner cartridge shipped from China |
I have read and understand the program rules. I have read and agree to the terms and conditions stated in this rebate agreement.
| Aster Graphics Co., Ltd. | Buyer | |
| Name: | Name: | |
| Title: | Title |
