Agreement This Agreement is made on the 11 Day of Novemeber 2005
Exhibit 10.12
Agreement
This
Agreement is made on the 11 Day of Novemeber 2005
Between
Nir
Ecology Ltd,
And Nimrod Xxx Xxxxxx
XXX 000
Xxxxxx Xxxxx, Xxxxxx
(Hereinafter
“Nir”) of the one
party;
And
Between,
Pimi
Xxxxxx Holdings Ltd
of POB
117 Hutzut Alonim, Israel,
(Hereinafter:
“Pimi”) on the other
party;
Whereas
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Nir
is sole agent of Sanosil LTD of Switzerland in Israel since 1990 for
Sanosil disinfectant products and is the only importer of the Sanosil
concentrate (hereinafter: “Sanosil Concentrate”)
for Israel;
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And
Whereas
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Nir
has all the licenses and approvals required for the importation of the
Products to Israel;
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And
Whereas
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Pimi
wishes to purchase the Products from Nir and/or directly from Sanosil
LTD;
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Now
therefore it has been declared and agreed between the Parties as
follows:
1.
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Nir
will sell to Pimi the Sanosil Concentrate for any use under its Patents
and Patents Application except for water treatment, at Nir cost price plus
all taxes, transportation and insurance costs plus 10% handling
commission.
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2.
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Pimi
is entitled to purchase the Sanosil Concentrate for any use under its
Patents and Patents Application except for water treatment for worldwide
use, directly from Sanosil LTD on terms to be agreed between Pimi and
Sanosil.
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3.
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As
long as Sanosil Patent for the concentrate is in force, Pimi will purchase
the Sanosil concentrate from Sanosil or from Nir as mentioned above. After
the expiration of Sanosil Patent for the concentrate Pimi will purchase
the concentrate from Sanosil or from Nir or from any other
supplier based on commercial considerations.
..
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In
Witness Whereof the Parties has singed this agreement:
Nir Ecology Ltd, | Pimi Xxxxxx Holdings Ltd | |||
/s/
Nimrod Xxx
Xxxxxx
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/s/
Pimi Xxxxxx Holdings Ltd
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Name:
Nimrod Xxx
Xxxxxx
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Name Pimi
Xxxxxx Holdings Ltd
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