Exhibit 10.2
Agreement for Promotion and Revenue Sharing Plan
AGREEMENT
FOR
PROMOTION and REVENUE SHARING PLAN
THIS AGREEMENT, and each part of it, is entered into as of this 7th day of
September, in the year 1999, by and through Nutek, Inc.with offices at
00000 Xxxxxxxxx Xxxx, Xxxxx 000, Xxxx Xxxxxx, XX 00000 (hereinafter referred to
as "NUTEK") and Kaire Holdings, Inc., a Delaware Corporation with offices
at 0000 Xxxxxxxx Xxxxxx, Xxxxx Xxxxxxxxx, Xxxxxxxxxx 00000 (hereinafter
referred to as "Kaire"). Throughout this Agreement, the names "Kaire" and
"Vitaplanet" and "xxxxxxxxxx.xxx" shall refer to the same ownership entity
which is the above stated Kaire Holdings, Inc. Nutek is in the process of
developing a world wide web e-commerce site which shall be referred to in this
agreement as "NUTEK Site."
WITNESSETH
WHEREAS, NUTEK in the in the process of developing and launching an internet
based e-commerce site on the world wide web; and
WHEREAS, NUTEK agrees to and desires to promote the "xxxxxxxxxx.xxx"
internet web site;
NOW THEREFORE, the parties agree as follows:
Terms
The "xxxxxxxxxx.xxx" Listing and Link.
NUTEK Shall List "xxxxxxxxxx.xxx" under the heading "Health and Beauty"
or an equivalent category on the home page of the NUTEK Site. Said
"xxxxxxxxxx.xxx" listing shall provide the NUTEK Site visitor with a
link to the "xxxxxxxxxx.xxx" world wide web site once his or her mouse
clicks twice on the "xxxxxxxxxx.xxx" listing or logo.
Consideration.
As consideration for the aforementioned listing and link, Kaire shall
compensate NUTEK in the following way:
4% of the gross sale for any and all non-prescription order from which
the customer was led to the xxxxxxxxxx.xxx web site from the NUTEK web
site; and
A flat fee of .20 US Dollars for each and every prescription sold to a
customer who was led to the xxxxxxxxxx.xxx web site from the NUTEK web
site.
Additional Pharmacies and Health-Related Businesses on the NUTEK Site.
NUTEK agrees that it shall not list in the same competing category as
"xxxxxxxxxx.xxx," at any time during the existence of this agreement,
more than two additional businesses/listings which sell prescription
medications and/or vitamins, and/or herbal remedies, and/or provide
general health care information.
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Term of Agreement.
The terms of this agreement shall be effective for a period no less than
180 days, beginning on the date this Agreement is executed. This Agreement
may be terminated after any 180 period by either party by giving 30 days
written notice via U.S. mail to the addresses listed above. If no notice
is given, up to three additional 180 periods shall begin and become effective
at 12:01 a.m. on the day following the last effective day of the prior
period of this Agreement.
Entirety of Agreement.
The provisions contained above, and each of them, are the entire Agreement.
No other part or provision, either written or oral, shall be relevant with
respect to the interpretation this Agreement. Any subsequent addition or
amendment to this Agreement shall be operative to the extent that it
explicitly supplants or replaces any term or condition contained herein.
Kaire Holdings, Inc. NUTEK Inc.
By: /s/ Xxxx Xxxxxxxxx By: /s/ Xxxxxx X.Xxxxxxxx
--------------------------- -------------------------------
Chief financial Officer President/CEO
Date: 9/2/99 Date: 9/2/99
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