COOPERATION CONTRACT
Part A: Ninbgo Easter Pacific Vision Company
Part B: China United Online E-Commerce Co., Ltd.
This agreement is signed by both sides on
GENERAL ITEMS
Part A only entrusts Part B to sell lenses on internet and promote lens selling
on internet. If Part B has any problem in their business operation, Part A has
no responsibility for that. Part B provide sale office and advertisement service
on internet to Part A. Part B don't involve the store to store sales activity
carried by Part A. If Part A has any problem in their business operation, Part B
has no responsibility for that.
ARTICLE 1
CNUOL provides office space, phone, fax, PC and answering service in all their
locations (now in 12 cities). They also provide signs with LUXUS trade xxxx in
front of the building and security space for small inventory of lenses and
contact lenses.
ARTICLE 2
CNUOL build web site on internet for NEPVC, provides advertisement for NEPVC on
internet.
ARTICLE 3
NEPVC hire sales people to do store to store sales. The salespersons will be
hired, managed and controlled by NEPVC.
ARTICLE 4
CNUOL is concentrated on sales by E-commerce, Internet retail, Internet
wholesales, big contracts such as military, hospital chains, and OEM contracts.
CNUOL is responsible for the development and maintenance of these activities.
CNUOL will finance their own advertising on the internet.
ARTICLE 5
If CNUOL hire its own sales staff to sell lenses, NEPVC provide technical
service and training, the cost is born by CNUOL.
ARTICLE 6
NEPVC will develop a plan to work as consultant for other lenses manufacturers
to improve their quality and efficiency. This would be a total technical support
including supply of chemicals, molds, etc. CNUOL will use their web site to find
customers for this service.
SUGGESTED CHINA UNITED ONLINE COMMISSION STRUCTURE
1. Retail Price on Internet
Price Commission
(RMB/ per pair) Percentage Commission
--------------- ---------- ----------
1.56 ASP HC 208 16% 33
1.56 ASP AR 268 16% 43
1.60 ASP HC 288 16% 46
1.60 ASP AR 348 16% 56
1.56 Progressive HC 288 16% 16
1.56 Progressive AR 348 16% 56
1.60 Progressive HC 308 16% 49
1.60 Progressive AR 368 16% 59
2: WHOLESALE THROUGH E-COMMERCE (BY CASH TRANSACTION)
Price Commission
(RMB/ per pair) Percentage Commission
--------------- ---------- ----------
1.56 ASP HC 128 10% 13
1.56 ASP AR 158 10% 16
1.60 ASP HC 168 10% 17
1.60 ASP AR 198 10% 20
1.56 Progressive HC 188 10% 19
1.56 Progressive AR 228 10% 23
1.60 Progressive HC 248 10% 25
1.60 Progressive AR 288 10% 29
3: PRICE TO XXXXX IN LARGE VOLUMN (BY CASH TRANSACTION)
Minimum amount is 1000 pairs
Price (RMB/per pair)
1.56 ASP HC 118
1.56 ASP AR 148
1.60 ASP HC 158
1.60 ASP AR 188
1.56 Progressive HC 178
1.56 Progressive AR 218
1.60 Progressive HC 228
1.60 Progressive AR 268
DISCOUNT AT DIFFERENT WHOLESALES QUANTITY
Quantity Price Discount Rate
-------- -------------------
From 1000 - 2000 0
2001 - 5000 2%
5001 - 10,000 5%
More than 10,000 10%
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ARTICLE 7
CNUOL get compensations for every product or service that they sell. One method
would be commission based on money collected from the customer (see annex 1).
For big contracts the price will be negotiated on the case to case bases.
ARTICLE 8
For the development of new products and expansion of the production line. CNUOL
will consider financial support of projects on the case to cases basis.
ARTICLE 9
Mr. Pan will be in charge of the cooperation with full power to make decision on
the behalf of CNUOL. Xx. Xxxx was appointed by NEPVC as the sole contact with
CNUOL in regarding to all related issues of the cooperation.
Part A: Ningbo eastern Pacific Vision Part B: China United Online E-Commerce
Co. Ltd. Co. Ltd.
Representatives: Xxx Xxxxxxx Representatives: Xiang Qun Pan
Title: General Manager Title: General Manager
Bank Account No: Bank Account No:
Telephone No: Telephone No:
Fax No: Fax No:
Address: Address:
Signer: Signer:
Date: 23/8/00 Date: 23/8/00
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