Xxxxxxx 00.0
XXXXX-XXXXX XXXXXXX, XXX
Xxxxxx, XX
Distribution Contract
Between SELLER, " TRANS-TRADE CAPITAL, LLP " corporation with principal office
in London, UK, ("SELLER") and DISTRIBUTOR, "KARNET CORP.", with a principal
place of business in Saint-Petersburg, Russian Federation. ("DISTRIBUTOR")
1. The territory covered under this Agreement shall be expressly combined to
the entire territories of the Russian Federation (hereafter referred to as
Territory).
2. The Distributor sells in its own name and for its own account, in the
Territory, the Products supplied by the Seller.
3. If Seller is contacted by any person or entity inquiring about the purchase
of Products in the Territory (other than Distributor or a party designated
by Distributor), Seller shall refer such person or entity to Distributor
for handling.
4. If Seller now or hereafter manufactures or distributes, or proposes to
manufacture or distribute, any product other than the Products, Seller
shall immediately notify Distributor of that fact and of all details
concerning that product. Distributor may request from Seller distribution
rights for that product in the Territory, or any portion thereof, and if so
requested, Seller shall grant such distribution rights to Distributor on
terms and conditions no less favourable than those provided in this
Contract with respect to Products.
5. The Seller grants and the Distributor accept the exclusive right to market
and sell the Products in the Territory. The Seller is obliged to supply the
Products and the Distributor is obliged to accept and pay on terms, defined
by the present Contract.
6. All Products purchased by Distributor shall be purchased solely for
commercial resale, excepting those Products reasonably required by
Distributor for advertising and demonstration purposes.
7. Total cost of the Contract amounts USD1,000,000 (one million dollars US)
and is defined on the grounds of the invoices or accounts, billed by the
Seller.
8. The Distributor has 90 days to makes payment in the form of bank transfer
on the account of the Seller after shipment is released from customs in
Russian Federation. The payment for the Goods according to this Contract
can be made in the form of prepayment on the basis of the invoices,
presented by the Seller, or after receipt of the Goods by the Distributor.
9. The payment for the Goods can be made in dollars US or Euro. If the
Distributor makes the payment in Euro, the Parties conduct re-calculation
on dollars US. The rate of the currency exchange is the National Bank of
Russian Federation official rate of the currency exchanges upon the date of
payment.
10. Bank charges are at the expense of the Distributor.
11. The Contract becomes valid since the moment of signing till its complete
fulfillment. 12. There is no time restriction, minimum order requirements
and no yearly number of orders imposed on the Distributor by this
Agreement.
13. There are no penalties imposed in case Distributor wouldn't meet its
obligations.
/s/ Xxxxxx Gymenchyk Sep. 14, 2014
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TRANS-TRADE CAPITAL, LLP - Xxxxxx Gymenchyk Date:
/s/ Xxxxxxxxx Xxxxxx Sep. 14, 2014
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President of Karnet Corp - Xxxxxxxxx Xxxxxx Date:
