Page 7 - DISTRIBUTION AGREEMENT SAMPLE
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Article 23 - Delivery: Title and risk loss
All deliveries of products sold by NANO4LIFE EUROPE L.P.®to Distributor pursuant to this
Agreement shall be made F.O.B. the delivery Point, and title to and risk of loss of Products
shall pass from NANO4LIFE EUROPE L.P.®to Distributor at the delivery point. Distributor
shall be responsible for arranging all transportation of Products, but if requested by
Distributor, NANO4LIFE EUROPE L.P.®shall, at Distributor‘s expense, assist Distributor in
making such arrangements. Distributor shall also procure insurance for the transportation of
the products, and such insurance shall be of a kind and on terms current at the port of
shipment. In the event that NANO4LIFE EUROPE L.P.®is requested to assist Distributor in
arranging for transportation, Distributor shall reimburse NANO4LIFE EUROPE L.P.®for all
costs applicable to the products following their delivery to Distributor, including, without
lamination, insurance, transportation, loading and unloading, handling and storage.
Distributor shall pay all changes, including sales tax, incurred with respect to the Products
following their Delivery to the carrier of forwarder.
Article 24 - Payment
Upon delivery and acceptance of Products, NANO4LIFE EUROPE L.P.® may submit to
Distributor proforma invoice for those products. Distributor shall pay each such proper
invoice within 2 days before the goods are ready for dispatch. Payment shall be made in
EURO to a bank account to be notified by NANO4LIFE EUROPE L.P.® to Distributor.
For orders 1- 20000 Euros cash 100%
20000 – 50000 Euros cash 50% and the other 50% in 30 Days by
opening L/C 30 days
>50000 Euros payment cash 50% and the other 50% by opening L/C
90 days
Article 25 -Arbitration
Any controversy or claim arising out of or relating to this contract or the breach thereof shall
be settled by arbitration to be held in the country of the defendant, in accordance with the law
in this jurisdiction, and judgment upon the award rendered by the arbitrators may be entered
in any Count having jurisdiction thereof.
Article 26 - Secrecy
Distributor agrees not to disclose or use, except as required in Distributor‘s duties, at any
time, any information disclosed to or acquired by Distributor during the terms of this contract.
Distributor agrees that all confidential information shall be deemed to be and shall be treated
as a sole and exclusive property of the NANO4LIFE EUROPE L.P.®
This Agreement is executed in 6 counterparts. Both of the parties will acquire 3 counterparts,
each of which shall be deemed to be an original.
IN WITNESS WHEREOF, the parties have executed this Agreement on xx/xx/xxxx.
NANO4LIFE EUROPE L.P.® xxxxxxxxxxxxxxxxxxxxxxxxxxx
Dimitra Christina xxxxxxxxxxxxxxxxxxx
Authorized Signature Authorized Signature
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