EXHIBIT 10.9
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U.S.A. AND CANADA DISTRIBUTION AGREEMENT
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XXXXXXXXX-XXXXXXXXX Inc. 000 Xxxxxxx Xxxxxx XXX XXXX XX 00000, gives VISTA
Medical Technologies - xxxxx avenue west CARLSBAD -XX 00000 XXX, the right to
exclusive representation for U.S.A. and CANADA territory for its "Cardiovascular
and Thoracic" products.
This agreement is valid for * * * years except if the agreed annual turnover is
not reached. In that case the agreement can be canceled three months before the
end of each contract year and refers to all direct or indirect sales.
XXXXXXXXX-XXXXXXXXX AGREES TO:
- Honor all orders
- Assist VISTA Medical Technologies in general marketing and promotion of
XXXXXXXXX-XXXXXXXXX products towards increased sales.
- Forward all orders from U.S.A. and CANADA received directly by them to
VISTA Medical Technologies.
- Grant a discount of ***% on its current USD price list.
- Retain product liability as manufacturers.
VISTA MEDICAL TECHNOLOGIES AGREES TO:
- Honor all orders for U.S.A. and Canada customers only.
- Promote the label XXXXXXXXX-XXXXXXXXX with an equal typography to VISTA
Medical Technologies.
- Observe reasonable marketing efforts in order not to prejudice
XXXXXXXXX-XXXXXXXXX.
- Realize the following turnovers:
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* * * USD
* * * USD
* * * USD
- Settle all DELACROIX XXXXXXXXX invoices by credit transfer within 30 days
after receipt of goods by VISTA Medical Technologies.
- Becomes DELACROIX XXXXXXXXX'x US agent for the FDA.
This agreement will be effective from * * * .
July 11, 1996 July 11, 1996
/s/ Xxxx Xxxx /s/ illegible
VISTA Medical Technologies XXXXXXXXX-XXXXXXXXX Inc.
* * * Confidential Treatment Requested
