International Marketing & Distribution Agreement
International
Marketing & Distribution Agreement
This
Agreement is made as of September 25, 2006 between Guaber S.p.A, a company
incorporated in Italy (referred to as “Licensor”), and Reliant International
Media, LLC, a company incorporated in Florida (“RIMC”) and collectively referred
to as (“Parties”).
1.
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Marketing
and Distribution Rights.
Licensor grants to RIMC the exclusive right to advertise, promote,
market,
sell and otherwise distribute the products, by means of direct response
television programming, however distributed and by all other means,
media
and channels of distribution, including but not limited to retail,
radio,
catalog, Internet, Live Home Shopping, credit card stuffers, including
all
identified component parts, described in the Schedule attached hereto
and
incorporated herein (the “Products” and the “Schedule” respectively) in
the United States and Canada, (“Territory”). Licensor also grants
non-exclusive rights to all other countries however distributed and
by all
other means, media and channels of distribution by means of direct
response television programming, however distributed and by all other
means, media and channels of distribution, including but not limited
to
retail, radio, catalog, Internet, Live Home Shopping, credit card
stuffers, now existing or hereafter developed.
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2.
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Use
of Materials.
RIMC shall market Product under its own brand name (“Brand”) worldwide.
Licensor acknowledges and agrees that it shall acquire no right,
title or
interest in or to any trademarks, trade names or other intellectual
property owned by RIMC.
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3.
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Production
and Use of the Infomercial.
RIMC shall also have the right to produce a television advertisement
of
approximately Thirty-minute in length (“Infomercial”) and any shorter
version, as RIMC deems necessary by any means or media. Licensor
shall
provide 50 samples of the Product at no charge to RIMC. All footage,
including but not limited to, both audio and video shall at all times
remain the property of RIMC.
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4. |
Test Marketing.
Upon obtaining all required regulatory approvals and the receipt
of all
applicable items requested by RIMC from Licensor, RIMC shall have
the
right to conduct test marketing of the Products in all or any portion
of
the Territory for a period of up to 90 days from the first Infomercial
airing or first live shopping appearance, by such means as RIMC may
determine (“Test Marketing”). Licensor agrees to supply RIMC under the
terms of this agreement with reasonable quantities of Product for
the test
marketing. If RIMC determines, in its sole judgment, that Test Marketing
is successful, RIMC shall issue a purchase orders up to sixty thousand,
(60,000) individual cans of the Product, in any combination RIMC
deems
appropriate during the Test Marketing and commence wide-scale airings
(“Rollout”) of the infomercial. To maintain exclusivity RIMC shall
purchase an additional 190,000 individual cans of the Product within
the
first twelve months of first airing of the Infomercial. If RIMC
determines, in its sole judgment, that Test Marketing is unsuccessful,
RIMC shall notify Licensor accordingly.
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1
5. |
Purchase
Orders.
All orders will be placed pursuant to written purchase orders issued
by
RIMC, Licensor will sell, or its designated vendor shall sell, to
RIMC
such quantities of the products as RIMC shall order at prices not
in
excess of those specified in the Schedule.
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6.
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Description
of Goods.
The goods shipped by Licensor will conform in every manner to the
samples,
specifications and other descriptions provided to RIMC, will be new
and
not used, and will be free from all defects in materials and workmanship.
RIMC shall have the right to inspect the goods prior to any shipment
and
any additional costs incurred by RIMC as a result of re-inspection
due to
noncompliance of the goods or unavailability of some or all of the
goods
when inspections are scheduled shall be borne by
Licensor.
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7.
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Defective
Products.
Without limiting any other rights or remedies, RIMC has the right
to
return to Licensor, or Licensor’s designated vendor, any defective or
damaged Products, at Licensor’s expenses, for a full and immediate refund,
credit or replacement at RIMC’s option.
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8.
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Product
Liability Insurance.
For the life of the Product, Licensor or a designated third party,
such as
the manufacturer, on behalf of Licensor will maintain and keep in
force
product liability insurance with an insurer approved by RIMC and
Licensor
in the amounts not less than $2,000,000 per occurrence and $5,000,000
in
the aggregate covering all Products licensed by RIMC from Licensor.
Licensor or its designated manufacturer shall, upon RIMC’s request, add
RIMC’s subsidiaries, affiliates or sub-licensees who are involved with
the
marketing and distribution of the Products as additional insured
on all
such insurance policies, each of which shall be endorsed so as to
provide
at least 30 days notice to RIMC of its cancellation, termination
or
non-renewal.
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9.
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Governing
Law; Jurisdiction.
This Agreement shall be deemed to have been executed in the State
of
Florida and shall be interpreted, construed and enforced according
to, and
governed by, the laws of the State of Florida, without giving effect
to
any conflict of laws provisions. Each party hereby expressly submits
to
the exclusive, personal jurisdiction of the federal and state courts
situated in the State of Florida, with respect to any and all claims,
demands and/or causes of action asserted or filed by any party in
any way
relating to, or arising out of, this Agreement or the subject matter
hereof.
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10.
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Notices.
All notices, requests, instructions, consents and other communications
to
be given pursuant to this Agreement shall be in writing and shall
be
deemed received (i) on the same day if delivered in person, by same-day
courier or by telegraph, telex or facsimile transmission, (ii) on
the next
day if delivered by overnight mail or courier, or (iii) on the date
indicated on the return receipt, or if there is no such receipt,
on the
third calendar day (excluding Sundays) after being sent by certified
or
registered mail, postage prepaid, to the party for whom intended
to the
following addresses:
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2
If
to LICENSOR:
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If
to RIMC:
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Guaber
S.p.A
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Reliant
International media, LLC
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Via
P. Bobetti, 4
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11880
28 Street North
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Funo
(BO), 00000 Xxxxx
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Xx.
Xxxxxxxxxx, XX 00000
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Attn:
Xxxxxx Xxxxxxxx
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Attn:
Xxx Xxxxxxxxxx
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Tel:
000 00 0000000000
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Tel:
727- 565-0565 ext. 229
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Fax:
011 39 0
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Fax:
000- 000-0000
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e-mail:
jacopo,xxxxxxxx@xxxxxx.xx
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e-mail:
xxx@xxxxxxx.xxx
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IN
WITNESS WHEREOF, the parties have caused this Agreement and Schedule to be
duly
executed on the date first written above.
Reliant International Media, LLC | Guaber S.p.A. | |||
By: | /s/ Xxx Xxxxxxxxxx | By: | /s/ Xxxxx Xxxxxxxx | |
Name: Xxx Xxxxxxxxxx |
Name: Xxxxx Xxxxxxxx |
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Title: President | Title: President |
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SCHEDULE
1
1.
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Products:
The Products consist of the following items (packaged in boxes suitable
for shipment to direct response customers) along with customer letter,
instruction manual and a reorder
form.
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Description
of each component:
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Price:
(ex works):
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Product
Name (SPA in a Can)
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€ |
2,75
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Up
Sell One
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TBD
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2. | Term: The term of this Agreement is for one year and Licensor shall work in good faith with its supplier and RIMC to renew the Term yearly. |
3.
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RIMC
shall issue Purchase Orders, Licensor shall invoice RIMC and the
invoice
amount shall be paid in full upon presentation of the xxxx of lading
at
Licensor’s warehouse via Letter of Credit or any mutually acceptable
method of payment.
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