OMEGA Water Corporation and Nevada Bottling and Beverage Company LLC, Working Agreement
EXHIBIT
10.3
OMEGA
Water Corporation and Nevada Bottling and Beverage Company LLC, Working
Agreement
Nevada Bottling and Beverage
Corporation ( the” Licensor”) and Omega Water Corporation (the
“Licensee”) have entered into a mutual Working Agreement and a hereto the
following terms:
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The
Parties agree to the following: the” Licensor” agrees to manufacture
bottled water, under the “OMEGA WATER” brand for the “Licensee”, at the
“Licensor” facilities in Pahrump Nevada. Furthermore the “Licensor” agrees
and accepts the duties to bottle, label and package all bottled water
products to the exact specifications of the “Licensee” under the
“OMEGAWATER” brand or unless otherwise stated in
writing.
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All
Rights are reversed under the “OMEGA WATER” brand, and the” Licensor” may
not use the name or brand without written consent from Omega Water
Corporation. Termination of this agreement can be made by either party
without cause; the party must notify the other party 30 days in advance in
writing of termination.
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The
Parties hereto and / or their affiliates of what-so-ever nature shall not,
not in any manner solicit and /or accept any business from sources that
have been made available by and through the Parties here to, nor in any
manner shall access, contact, solicit and / or conduct any transactions
with such said sources, without the expressed and specific permission of
the Party who made such sources
available.
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The
Parties shall maintain complete confidentiality regarding each other’s
business and / or their affiliates and shall only disclose knowledge
pertaining to these specifically named Parties as permitted by the
concerned Party, unless agreed and granted written permission of and by
the Party whom
made the
source available.
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The
Parties shall not in any way what-so-ever circumvent each other and / or
attempt such circumvention of each other and / or any of the parties
involved in any of the transactions the Parties wish to enter and to the
best of their abilities shall ensure that me original transaction codes,
data and proprietary information established are not
altered.
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The
Parties shall not disclose any contact revealed by either Party to any
third Parties as they fully recognized such information and contract (s)
of the respective Party, and shall not enter into direct and / or indirect
offers, negotiations and / or transactions with such contacts revealed by
the other Party who made the contract (s)
available.
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In
the event of circumvention by any of the undersigned Parties, whether
direct and / or indirect, the circumvented Party shall be entitled to a
legal monetary compensation equal to the maximum service it should realize
from such a transaction, plus any and all expenses, including any and all
legal fees incurred in lieu of the recovery of such
compensation.
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All
considerations, benefits bonuses, participation, fees, and / or
commissions received as a result of the contributions of the Parties to
this agreement, relating to any and all transaction shall be made
available and / or submitted to the recipient on the very day due and
payable as per each and every transaction, unless otherwise
agreed.
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This
agreement is valid for one (1) years from the date of signature, for any
and all transactions between the Parties therein, with renewal to be
agreed upon between the
signatories.
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PARTICIPANTS
PRINTED NAMED & INTITIALS:
1)
_________________________________________ (Written
Name) __________ (Initials)
2)
_________________________________________ (Written
Name) ___________ (Initials)
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It
is further agreed that any controversy, claims, and / or disputes arising
out of and / or relating to any part of the whole of this agreement or
breach thereof and which is not settled between the signatories
themselves, shall be settled and binding by and through arbitration and
litigation in accordance with the rules and laws set forth by the of the
State of Nevada, USA. Any decision and / or award made by a Court of Law
shall be final, conclusive binding for the Parties and enforceable in the
Court of Law in the State of
Nevada.
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This
Agreement shall be binding upon the Parties hereto and in the case of
individual parties, their respective heirs, administrators and executors
and in the case of all corporate Parties, their successors and
Assigns,
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The
non-circumvention damages, i.e. the total commission, fees, or profits which
would have been due, and:
All loss
sustained by the non defaulting party by reason of such breach,
and:
All
expenses incurred in enforcing any legal remedy rights based upon or arising out
of the this Agreement
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Signature
of this agreement shall be deemed to be an executed agreement enforceable
and admissible for all purposes as may be necessary under the terms of
this agreement.
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All
signatories hereto acknowledge that they have read and each Party fully
understands the terms and conditions contained in this Agreement and by
their initials and signature hereby unconditionally agree to its terms as
of the dated noted herein.
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This
agreement may be singed in one or more counterparts and the Parties agree
that facsimile copies or electronic copies of this Agreement to be
considered as a legal original and signatures thereon shall be legal and
binding.
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Accepted
and Agreed; on this 30th day of October, 2009
Signature
& Company:
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NEVADA
BOTTLING AND BEVERAGE COMPANY (LLC)
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Signature
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Company
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OMEGA
WATER CORPORATION, NV
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Signature
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Company
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