ContractSupply and Purchase Exclusivity Agreement • June 8th, 2010 • Energy Telecom, Inc.
SUPPLY AND PURCHASE EXCLUSIVITY AGREEMENT THIS SUPPLY AND PURCHASE EXCLUSIVITY AGREEMENT (hereinafter referred to as "Agreement") is made and entered into as of October 9th, 2008 (the "Effective Date") is made by and between Energy Telecom, Inc., of Miami Beach, FL (hereinafter referred to as "Energy", which reference may include its Affiliates), and SAMSIN, USA, of Mason, OH (hereinafter referred to as "SAMSIN", which reference may include its Affiliates). Energy and SAMSIN are sometimes referred to herein individually as a "Party" or collectively as "Parties". THIS Agreement, upon execution, is intended to complement certain conditions of exclusivity and confidentiality contained in “Memorandum of Understanding”, dated June 19th, 2008, “Beta Production Contract”, dated July 14th, 2008, and “Non Disclosure Agreement”, dated January 8th, 2008, executed by both parties. RECITALS WHEREAS, Energy has engaged Samsin to manufacture and assemble components comprising a wireless communication
