Agency Agreement Shaanxi Baishui Dukang Brand Management Co., Ltd.
Agreement No.__________
Shaanxi Baishui Dukang Brand Management Co., Ltd.
Party A: Shaanxi Baishui Dukang Brand Management Co., Ltd.
Party B: Xx. Xxxx, Xxx ID card No.: 612101196306260468
In view of that Party B agrees to renewal the nationwide franchise buyout of the products of Party A — “Baishui Dukang · Twenty-year Age Liquor” which has already circulated in the market, Party A and B have reached an agreement through friendly consultation to conclude the following contract:
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1.
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Party B buy out the nationwide franchise of the products of Party A — “Baishui Dukang · Twenty-year Age Liquor” which has already circulated in the market.
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2.
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The term of the buyout is from May 15, 2010 to May 14, 2011. When the agreement terminates and Party B is willing to renewal it, Party B owns the rights to first renew the agreement.
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3.
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The fee for the buyout is for RMB1,000,000 (RMB one million yuan), 60% of the fee shall be paid before May 30, the remaining 40% of it shall be paid before Sept. 30, 2010, otherwise there shall be an overdue fine for 5‰ per day.
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4.
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During the period of the buyout, Party A shall guarantee the requirements of Party B for products and ensure that the product quality should meet the national quality standards.
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5.
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During the period of the buyout, Party B shall in charge of the product sales network of Party A, and Party A can not sell any of the buyout products.
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6.
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Party B assures of completing the sales target for RMB 3,000,000 during the period of the buyout, or each 10 percent decrease on the uncompleted sales target will result in 5 percent increase on the buyout fee.
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7.
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The Agreement is in duplicate with the equal legal effect and each party holds one copy.
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Party A:
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Party B:
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Shaanxi Baishui Dukang Brand Management Co., Ltd.
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Xx. Xxxx, Xxx
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Date: May 8, 2010
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Date: May 8, 2010
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