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Exhibit 10.21
EXHIBITS
10.21 NORPAK MANUFACTURING INC. AGREEMENT
XXXXXXXX XXXX
Xxx 0, 0000
Xxxxxx Manufacturing Inc.
00 Xxxxxxxx Xx.
Xxxx Xx. 0
Xxxx, Xxxxxxx
X0X 0X0
Attention: Xx. X. Xxxxxxxxxxx
Dear Xx. Xxxxxxxxxxx,
This letter confirms that Norpak Manufacturing Inc. ("NORPAK") has entered into
an agreement with Veridien Corporation or a subsidiary thereof ("VERIDIEN"),
wherein Veridien and Norpak agree to a strategic alliance with respect to the
marketing, sales and distribution of Norpak's product line in conjunction with
Veridien's existing product line in the United States and Internationally.
Veridien agrees to market, sell and distribute Norpak's product line at the
prices stipulated on the attached schedule "A" or such other prices, which both
parties may agree upon from time to time.
It is further agreed, where Norpak has an existing customer relationship, a
mutually agreed upon program for customer service and sales assistance will be
established, implemented and provided by Veridien. At this time, Norpak's
existing United States customer list includes all companies on attached
schedule "B".
Payment terms to Norpak for product purchases will be on a net 60 days basis or
as may otherwise be mutually agreed upon.
This agreement will be in effect immediately upon its execution by both
parties.
The term of this agreement will be for a period of five (5) years from the date
of execution and may be extended on an annual basis after the initial term, if
both parties so mutually agree.
Either party upon 180 days written notice may terminate this agreement.
The parties agree to execute such further documentation as may be reasonably
required to give effect to this distribution, sales and marketing agreement.
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We look forward to forging what we expect will be a mutually rewarding
relationship with Norpak.
Yours truly,
Veridien Corporation
Per:
/s/ Xxxxxxx X. Xxxxxx
---------------------
Xxxxxxx X. Xxxxxx
President & CEO
Agreed and accepted this 8 day of May, 1999.
Norpak Manufacturing Inc.
Per:
/s/ Xxxxxxx Xxxxxxxxxxx
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Xxxxxxx Xxxxxxxxxxx
President
SCHEDULE "A"
Medium Size Alcohol Swabs
Large Size Alcohol Swabs
Iodine Swabs
Towelettes - Small Size
Viraguard(R)
- Large Size
Viraguard(R)
SCHEDULE "B"
Xxxxxxxx & Co.
Dynarex Corporation
Xxxxx Xxxxxx Inc.
Kinray
Kmart
Medicine Shoppe International Inc.
MedLine Industries Inc.
Micro Bio Medics
SMS Ambassadors Corp.
Universal Products Marketing Inc.
Wal-Mart
