EXHIBIT 10.15
JOINT INTERNET SUPPLY AGREEMENT
THIS JOINT INTERNET SUPPLY AGREEMENT is made and entered into this 8th
day of December, 1999, by and between eSAFETYWORLD, Inc., whose address is
000-00 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx, Xxx Xxxx 00000, (hereinafter referred to
as "ESW"), and Ideal Sales, whose address is 00000 X. Xxxxxxxx Xxxxxx, Xxx
Xxxxxx, Xxxxxxxxx, 00000, (hereinafter referred to as the "Supplier"), and
hereinafter collectively referred to as the "Parties."
WITNESSETH:
WHEREAS, ESW has special abilities and experience in the areas of
selling industrial safety products on the Internet through an e-commerce
business to business site on the World Wide Web, and has capital available for
contribution to a business enterprise; and
WHEREAS, Company has special abilities and experience in the areas of
manufacturing industrial safety products, and has capital available for
contribution to a business enterprise; and
WHEREAS, the Parties desire to establish a business relationship to
include the sale of the Supplier s products to ESW to permit it to expand its
e-commerce business to business site on the World Wide Web; and
WHEREAS, it is the desire of the Parties to define and set out their
relationship in writing and the circumstances under which they are operating, as
of the date of this Agreement.
NOW, THEREFORE, in consideration of the mutual covenants hereinafter
contained, the Parties agree as follows:
1. PRIOR AGREEMENT. It is the intention of the Parties that this
Agreement replaces all written and/or oral agreements, understandings, and
business ventures, previously, or otherwise, existing between the Parties.
2. RELATIONSHIP. The Parties hereby form a business relationship
pursuant to the terms of this agreement, (hereinafter referred to as the
"Business").
3. PURPOSE. The purpose of the supply relationship is to make Ideal
Sales the exclusive supplier of the products set forth in Exhibit A for ESW.
4. TERM. The Business shall commence as of the 1~ day of February, 2000
and shall continue until terminated by an agreement of the Parties, which shall
require 120 days written notice, The initial term of this supply agreement will
be for twenty-four (24) months, subject to each party s termination clause.
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5. LIABILITY OF THE PARTIES. During the existence of the Supply
Agreement, neither party shall be liable for any obligations of the other party
created without the express approval of both parties.
6. NATURE OF PERFORMANCE. During the existence of the Supply Agreement,
the Parties shall be solely responsible for performing the following duties:
a) ESW shall perform all work in full compliance with any and
all contract requirements and in strict compliance with any and all governmental
requirements applicable thereto.
b) The Supplier shall, in addition to providing those products
set out in Exhibit A, which is attached hereto and incorporated herein by
reference at prices, which will be negotiated between the parties from time to
time. The Supplier shall perform all work in full compliance with any and all
contract requirements and in strict compliance with any and all governmental
requirements applicable thereto. ESW shall place orders with the Supplier in a
manner acceptable to the Supplier and shall pay obligations there under in a
timeframe acceptable to the Supplier.
7. MISCELLANEOUS PROVISIONS.
a) This Agreement supersedes any and all prior agreements of
the Parties, whether oral or written.
b) The Parties agree to execute any and all documents
necessary to carry out the terms and intent of this Supply Agreement.
c) Section headings contained in this Supply Agreement are
included for convenience only and form no part of the agreement between the
Parties.
d) If any provision of this Supply Agreement is or becomes
invalid, illegal, or unenforceable in any jurisdiction, such provision shall be
deemed amended to conform to applicable laws so as to be valid and enforceable
or, if it cannot be so amended to be enforceable or, if it cannot be so amended
without materially altering the intention of the Parties, it shall be stricken
and the remainder of this Supply Agreement shall remain in full force and
effect.
e) Unless specifically disallowed by law, should litigation
arise hereunder, service of process therefore may be obtained through certified
mail, return receipt requested, the Parties hereto waiving any and all rights
they may have to object to the method by which service was perfected.
f) No waiver of any right under this Supply Agreement shall be
deemed effective unless contained in a writing signed by the parties charged
with such waiver, and no waiver of any
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right arising from any breach or failure to perform shall be deemed to be a
waiver of any future such right or of any other right arising under this Supply
Agreement.
g) This instrument contains the entire agreement of the
Parties with respect to the subject matter hereof; and the terms and conditions
thereof may not be further modified except by a writing signed by all the
Parties.
h) This agreement, and all transactions contemplated hereby,
shall be governed by, construed and enforced in accordance with the laws of the
State of New York. In the event that litigation results from or arises out of
this Agreement or the performance thereof, the Parties agree to reimburse the
prevailing party s reasonable attorney s fees, court costs, and all other
expenses, whether or not taxable by the court as costs, in addition to any other
relief to which the prevailing party may be entitled. In such event, no action
shall be entertained by said court or any court of competent jurisdiction if
filed more than one year subsequent to the date the cause(s) of action actually
occurred regardless of whether damages were otherwise as of said time
calculable.
IN WITNESS WHEREOF, the Parties have executed this instrument this 8th
day of December 1999.
eSAFETYWORLD, Inc.
By: /s/ Xxxxxx Xxxx
------------------------------
Its: President
-----------------------------
Ideal Sales
Xxxxxxx 0. Xxxxxxxx
By: /s/ W. O. Xxxxxxxx
------------------------------
Its: Pres. 12/8/99
-----------------------------
Its:
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EXHIBIT A
(List of Products)
1. Private Label Catalog (Price based on the # of catalogs)
2. Number of items-- 1,000 15,000 SKU's
3. Pricing on product to be determined
4. Set-up eSAFETYWORLD with UPS and other common carriers
5. Yearly license fees - $500.00
6. Wholesale & retail price list (To be Determined)
7. Number of major mfg., as wholesaler
8. Number of minor mfg., as wholesaler
9. Line card by mfg., by product
Top Manufacturers:
0X Xx Xxxxxx Xxxxxxxx
Xxxxxx Rainfair
Best Encon
Perfect Fit Mapa
Xxxxxx Height Eagle Mfg.
Biosystems Pelican
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