EXHIBIT 10.11
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REPRESENTATIVE AGREEMENT, DATED JULY 1, 2002, BETWEEN THE COMPANY AND
XXXXXX XXXXX
REPRESENTATIVE AGREEMENT
THIS AGREEMENT, made as of the 1st day of July, 2002, is entered into by and
between MEDSTRONG INTERNATIONAL CORPORATION ("Company"), a Delaware corporation,
with its principal office located at 000 Xxxxxx Xxxx Xxxx, Xxxxxx Xxxxx Xxxxxx,
Xxxxxxxxxx 00000, and Xxxxxx Xxxxx ("Representative"), an individual whose
corporate office is situated at 0000 Xxxxxxxxx Xxxxxxxxx, X.X., Xxxxx 000, Xxxx
Xxxxx, XX 00000.
WITNESSETH:
WHEREAS, the Company desires to appoint Representative as an independent
representative of the Company; and
WHEREAS, Representative is willing to accept such appointment in accordance with
the terms and conditions hereof.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties hereto agree as follows:
1. APPOINTMENT.
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Company hereby appoints Representative, and Representative hereby accepts the
appointment, as an independent representative for Company upon the terms and
subject to the conditions hereinafter set forth.
2. REPRESENTATIVE'S RESPONSIBILITIES.
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(a) Representative shall solicit sales of those Company products and
each account more specifically identified and recorded in the attached addenda.
Such solicitation shall be at the sole cost and expense of Representative.
Pricing for all Products shall be determined by Company in its sole discretion
and shall be communicated in writing to Representative. For each Product sold by
Representative, and for subsequent renewals thereof, Representative shall be
entitled to receive a commission in accordance with the terms and provisions of
Section 4.
(b) Representative's sole responsibility under this Agreement shall be
as set forth above and Representative shall have no obligation to perform any
obligations of Company with respect to any Product. Company shall be free to
engage other representatives to render any services including, but not limited
to, those performed by Representative.
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(c) Representative hereby agrees that, throughout the term of this
Agreement and any extension and/or renewal thereof, and for an additional period
of one (1) year thereafter, Representative will not undertake any of the
responsibilities set forth herein, or otherwise affiliate itself in any way,
with respect to any product and/or program which competes in any way, directly
or indirectly, with any of the Products or any other Company program.
(d) Representative acknowledges Company's claim of ownership to the
names, trademarks, logos or service marks used to promote its Products and
agrees to use the above only as provided for by this Agreement. Representative
further acknowledges and agrees that all writings, works, and other products of
Representative's services under this Agreement shall belong to Company, that
such items constitute works-made-for-hire and belong solely to Company and that
Representative shall sign such further instruments as Company may from time to
time request to evidence this fact. Representative hereby grants to Company all
patents, trademarks, service marks, copyrights, and other rights in and to any
and all products of the work of Representative under this Agreement.
3. COMPANY'S RESPONSIBILITIES.
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In addition to its responsibilities set forth elsewhere in this
Agreement, Company shall:
(a) Determine, in its sole and absolute discretion, whether or not it
desires to transact business with any individual or account solicited by
Representative hereunder;
(b) Supply Representative with such sales and promotional material, as
Company may deem necessary, without charge to Representative, to aid
Representative in the performance of its responsibilities hereunder. Upon
termination of this Agreement, or at any time so requested by Company,
Representative shall return to Company all such unused materials; and
(c) Have the right to alter and modify any of the terms and conditions
of any Product developed by Company and its sole responsibility to
Representative shall be to provide Representative with prompt written notice of
such changes.
4. CONSIDERATION.
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(a) In consideration for Representative's services hereunder, Company
shall pay Representative a commission calculated as a percentage of the actual
amount received by Company with respect to the sale of a Product to an
individual or account solicited by Representative and all subsequent renewals
thereof (the "Sale Proceeds"). Representative shall receive five percent (5%) of
the sale proceeds, net amount, received by company per unit..
(b) Company shall remit commissions for all sales and renewals on or
before the twenty-fifth (25th) day of the month immediately following the month
in which Company receives the corresponding Sale Proceeds. Representative shall
receive as renewal commission, fifteen percent (15%) of the net amount retained
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by the Company after all wholesale customer commissions have been xxxx.xxxx In
the event that Company is required to return (cancellations) any Sale Proceeds
to a purchaser and Representative has already received the corresponding
commission, Company shall be entitled to offset the amount of such commission
against future amounts Company may owe to Representative.
5. EXPENSES.
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Unless otherwise agreed prior to the incurrence thereof,
Representative shall be solely responsible for all costs and expenses incurred
by Representative in carrying out his obligations and responsibilities under
this Agreement.
6. TERM AND TERMINATION.
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The term of this Agreement shall commence on the date first set forth
above and shall continue for a period of one year. Thereafter, this Agreement
shall be automatically renewed on an annual basis unless one party gives written
notice of termination to the other not less than sixty (60) days prior to the
termination of the then current term. This Agreement also may be terminated by
either party for cause. In the event one party is in breach of its obligations
hereunder, the non-breaching party shall provide written notice of the breach
and the breaching party shall have thirty (30) days after receipt of said notice
to effect a cure of said breach. Failure to effect a cure within the thirty (30)
day period shall result in an immediate termination hereof. Termination of this
Agreement for whatever cause shall not release either party from any obligations
created hereunder which, by their specific terms, survive expiration or
termination of this Agreement; provided, however, that notwithstanding anything
to the contrary set forth above, Representative shall no longer be entitled to
solicit sales of Products after the termination of this Agreement.
7. INDEMNITY.
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Each party to this Agreement shall indemnify, defend and hold harmless
the other party and any of its affiliates or subsidiaries (including such
party's directors, officers and employees) from and against any and all claims,
suits, losses, liabilities, damages, judgments, awards, expenses and costs,
including reasonable attorneys' fees, arising in any way from: (i) any
activities of such party outside the scope of this Agreement; (ii) any breach by
such party of any of the terms and conditions of this Agreement; (iii) any
failure on the part of such party to pay any taxes, whether federal, state or
local, and whether income, payroll or otherwise; or (iv) any taxes, debts,
liabilities, obligations of every kind and description of such party.
8. INDEPENDENT CONTRACTOR RELATIONSHIP.
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Representative is an independent contractor and is not an employee,
servant, partner or joint venture partner of Company. Except as otherwise
expressly provided for herein, no employee of Representative shall be entitled
to any benefits which employees of Company are entitled to receive.
Representative is responsible for all taxes with respect to amounts received by
Representative pursuant to this Agreement.
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9. CONFIDENTIALITY.
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During the term of this Agreement and thereafter, neither party hereto
will, directly or indirectly, disclose or use any confidential information,
records, trade secrets or any other secret or confidential matter relating to
the clients, employees, business, products or services of the other party,
whether or not it is identified as secret or confidential, without first
obtaining the prior written consent of such party. This covenant includes, but
is not limited to: disclosing or using information concerning customers,
customer requirements, trade secrets, markets, costs, products; product
development, marketing and business plans or strategies; divulging the identity
of clients or employees; or soliciting clients or employees.
10. MISCELLANEOUS.
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This Agreement supersedes all prior agreements between the parties,
may not be assigned by Representative without Company's prior written approval,
cannot be modified unless in writing signed by both parities, and shall be
construed in accordance with the laws of the State of California. Notices or
other communications required or permitted hereunder shall be sufficiently given
if sent by first class mail, postage prepaid, to the parties at their respective
addresses set forth herein or to such other address as shall be furnished in
writing by the party to whom notice is given and such notice or other
communication shall be deemed to have been given as of the date so mailed.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.
MEDSTRONG INTERNATIONAL CORPORATION
By:
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Name:
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Title:
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REPRESENTATIVE
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Xxxxxx Xxxxx
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ADDENDUM A
TO REPRESENTATIVE AGREEMENT
The initial account closed by the Xxxxxx Xxxxx/Xxxx Xxxxxxxxx collaboration is:
Trip Mate Insurance Agency
0000 Xxxx Xxxxxxx
Xxxxxx Xxxx, XX 00000
Representative commission paid by the Company is to be split fifty/fifty and
distributed as follows:
Fifty percent (50%) sent to:
Xxxx Xxxxxxxxx, President
Xxxxxxxx.xxx, Inc.
00 X. 00xx Xxxxxx, Xxxxx X
Xxx Xxxx, XX 00000
Telephone (000) 000-0000 - Federal Tax ID 00-0000000
Fifty percent (50%) sent to:
Xxxxxx Xxxxx
0000 Xxxxxxxxx Xxxxxxxxx X.X., Xxxxx 000 Xxxx Xxxxx, XX 00000-0000 Telephone
(000) 000-0000 -- SS No. ###-##-####
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