Shenzhen Feasycom Technology Co., Ltd
Room 2004,Huichao Tech Bldg.,Jinhai Road,Xixiang,Baoan District,Shenzhen,Guangdong,
SALES AGENCY AGREEMENT
No ：FSC20XXXXXX Date ： 2019-XX-XX
This Agreement is made among the parties concerned on the basis of equality and mutual benefits to develop business on terms and conditions mutually agreed upon as follows:
1. The parties concerned
Manufacturer: Shenzhen Feasycom Technology Co., Ltd. (hereinafter referred to as Party A)
Agent ： ( hereinafter referred to as Party B)
2. Appointment of USA Agent
Party A hereby appoints Party B as its USA Agent in the USA market to engage in the promotion, sales and after sales service of its Bluetooth beacon.
Commodity: Bluetooth beacon produced by Party A.
Territory: In USA only.
3. Confirmation on Orders
The quantities, prices and shipment of the commodities stated in this Agreement shall be confirmed for each transaction, the particulars of which are to be specified in the Sales Contracts signed by the two parties hereto.
4. Payment Terms
After confirmation of the order, Party B should pay 50% of deposit by T/T to Party A, the balance should be paid before shipping by T/T.
5. Price Terms
Price: Party A provide quotation list of products to Party B so as to ensure the long-term cooperation and joint development.
1, Once Party A promote new products, will inform Party B by email.
2, Party B should not let out the quotations to any third parties but must execute strictly and adhere to the price system of Party A.
6. Liability of Two Parties
6.1 Quality of Product:
Party A guarantee all products (series of Bluetooth beacons) provided with high quality and stable supply.
6.2 Product Configuration
All products are just as Party B requirement, such as firmware which already reach an agreement. If any new requirement in future may need renew the quotation.
6.3 Packaging and Delivery Time
Party A shall guarantee the security and suitable package for long-distance of shipment. Party B could appoint the color, brand and package of productsNormally the delivery time would be 30 working days except some specific conditions which need to be confirmed separately.
6.4 Party B should keep the quotation, technical data, business information of Party A strictly confidential. Operating activities cannot damage the reputation of Party A.
6.6 Party B should do best promoting products in USA, cannot sell products in other area without permission of Party A.
7. Termination of Agreement
7.1 The agreement shall be terminated automatically once in the end of agreed period or both parties involved agreed to end the agreement；
7.2 Within the agreed period, in case one party was found against the agreement, the other party shall have the right to end the agreement.
8. Technical support
The Party A will offer the fully-formed products data to the Party B, as well as the necessary technical training for after-sale service. (Remarks: Technical training will be free from any charges, but Party B will have to afford the relative charges on accommodation, transportation or others by itself.)
9. Validity of Agreement
The validity of this Agreement is from to , each party shall executes strictly in accordance with the agreement, if any party violates this agreement, both parties have the right to terminate this agreement, the defaulting party has to assume the loss and legal liability. Matters not mentioned in this agreement, and need to change; through consultation between each party in the form of supplementary agreement, supplementary agreement and this agreement has the same effect.
10. Applicable Law
As both parties agreed, the performance of the agreement shall be governed by USA Law.
This Agreement shall be subject to the terms and conditions in the Sales Confirmation signed by both parties hereto.
This Agreement is signed on________/_____/_____at_______________and is in two originals, each party holds one.
Party A ： Party B：
Signature ： Signature ：