Export Agency Agreement 3

EXPORT AGENCY AGREEMENT
Date : This agreement is entered into by and between the parties concerned on July 30th,2010.
Between
1.Mittal Enterprises, having its principal place of business and head office at 436, Sudama
Cottage, 11/a Ground Floor, Shradanand, Mumbai, Maharashtra, India- 400049(hereinafter
referred to as the EXPORTER).
Managing Director : Mr. Piyush. V. Vora
Tel : +91-22-32926356
Mobile: +91-22-4085789
Fax: +91-9820104868
Email: vorapiyush73@yahoo.co.in
Website: www.mittalenterprise.com
And
2.Herbolos, having its principal place of business and head office at P.O. Box 20893, United
Arab Emirates (hereinafter referred to as the AGENT).
Managing Director : Mr. Rana Imtiaz
Tel : 0097150 – 8847856
Fax : 0097142714148
Email : quickway_birns@yahoo.com
WITNESSETH
Whereas, for the purpose of this agreement it is understood that EXPORTER holds, owns or
controls in its own rights or under agreement with the original owner thereof, all the rights for
development and distribution of Klaron Herbal Cosmetic products of Mittal Enterprises
worldwide. Whereas, the AGENT is an experienced business organization and quite influential
in the local business community and is desirous of acquiring agent’s rights in herbal cosmetic
product for stocking, sales and promotion and cause the same to be promoted in the said area for
the products, specified in Clause 1 on the following terms and conditions.
CLAUSE 1. PRODUCTS: -
EXPORTER grants AGENT exclusive rights for selling Klaron Herbal Cosmetic Product
including Klaron Anti Marks Cream, Klaron Apricot Face Scrub, Klaron Turmeric Face Scrub,
Klaron Face Wash Gel (Cucumber), Klaron Face Wash Gel (Honey), Klaron Face Wash Gel
(Lemon), Herbway Chocolate Facial Kit, Herbway Diamond Facial Kit, Herbway Fruit Facial
Kit and Herbway Gold Facial Kit with its popular literature.
CLAUSE 2. APPOINTMENT AND TERRITORY: -

EXPORTER hereby appoints the second party as his AGENT in the territory of Dubai only, the
citizen of which the AGENT is.
CLAUSE 3. SELLING AND AGENCY RIGHTS: -

a) EXPORTER grants AGENT the rights to market and distribute the above-mentioned products
to any customer or resident with its principle place of business in the AGENT’S territory.
The right shall be sole and exclusive in so far as AGENT under permission of the contract
promotes and sells the products in his territory.
b) AGENT is not allowed to advertise or set up and maintain branch offices and/or houses to
resell the products outside his territory.
c) Any eventual sale out of the territory through the AGENT’S organization could be mutually
discussed, and every single operation has to be agreed upon between the parties in writing.
CLAUSE 4. PURCHASES AND FORECASTS: -

a) AGENT agrees to give EXPORTER a purchase schedule on a 4 month basis.
1st-4th month: 20% of the agreed quantity;
5th-8th month: 30% of the agreed quantity;
9th-12th month: 40% of the agreed quantity;
10th-12th month: 50% of the agreed quantity.
b) EXPORTER and AGENT have agreed upon a minimum NET purchase of US$100,000,00or
total quantity of 20500 PCS for the first full year, from which this agreement takes effect.
Product Type Pieces
Klaron Anti Marks Cream 5000
Klaron Apricot Face Scrub 2000
Klaron Turmeric Face Scrub 2000
Klaron Face Wash Gel (Cucumber) 2500
Klaron Face Wash Gel (Honey) 2000
Klaron Face Wash Gel (Lemon) 3000
Herbway Chocolate Facial Kit 1000
Herbway Diamond Facial Kit 1000
Herbway Fruit Facial Kit 1000
Herbway Gold Facial Kit 1000
For the second and the following years the minimum purchase shall be 10% more than the first
year for the products under Clause 1.
CLAUSE 5. PRODUCTS DELIVERY AND STOCK: -
a) The EXPORTER will issue a Price List to the Agent, specifically applicable to the Territory of
this Agreement, based on which all transactions will be concluded.
b) On signing this agreement the AGENT shall put a minimum purchase order worth of US $
20,000 or quantity of 4000 PCS.
c) EXPORTER shall undertake the responsibility for transportation, marine insurance, freight
insurance and all expenses for damage of goods till Port Rashid in Dubai ; AGENT shall take
delivery of materials from Port Rashid and bear all expenses after getting the delivery.
CLAUSE 6. Minimum turnover

Agent shall undertake to solicit orders for the above product from customers in the above
territory during the effective period of this agreement for not less than USD 10,00,00.
CLAUSE 7. PRICE FOR PURCHASE: -

EXPORTER has the right of reviewing the prices of the material once every three months
depending upon the market situation. An increase in prices will be agreed upon by the parties
hereto and shall come into force after three months notice given by EXPORTER.
However, during the six months of cooperation EXPORTER guarantees stability of prices for the
materials stipulated in Clause 1 of the present agreement.
The products shall be supplied at prices ruling on date of order entry.
CLAUSE 8. SALE PRICE: -

AGENT undertakes to sell the mentioned products exclusively at the rate suitable for his region.
CLAUSE 9. PAYMENT: -
Payment shall be made by confirmed, irrevocable L/C opened by the AGENT in favor of
EXPORTER ,which shall reach EXPORTER 15 days before the date of shipment.
CLAUSE 10. AGENT’S OBLIGATIONS: -

AGENT shall:
a) Use his best endeavors to maintain, increase and promote the sales of products in his territory,
and by way of appointing sub-dealers and distributors directly under his control in his territory.
b) AGENT shall have the head office with products and information similar to the head office of
EXPORTER in India. The same logo, trademark of EXPORTER, symbols shall be used by
AGENT.
c) AGENT does not have the right to promote, market any other similar or related materials
produced by other EXPORTERS.
CLAUSE 11. EXPORTER’S OBLIGATIONS: -

EXPORTER shall:
a) Supply the products as ordered by AGENT on the basis of previous order confirmation.
b) EXPORTER shall not appoint any third party as an agent within the territory for import and
sale of the products and shall not grant any third party the right or privilege within the territory
for the sale of the products.
c) EXPORTER informs AGENT that the validity of products is 3 (three) years from the date of
delivery.
The EXPORTER does not bear the responsibility for any dissatisfaction, which could be caused
to the customer as the result of wrong usage of herbal cosmetics.
CLAUSE 12. INDUSTRIAL PROPERTY RIGHTS: -

Any trademark or business mark that exists in respect of the products shall remain the sole
property of EXPORTER.
CLAUSE 13. CONFIDENTIALITY: -

Neither party shall during the continuance of this agreement nor at any time thereafter, divulge
any information of the other party trade secret, business techniques or other confidential matters
relating to the other party, except for the purpose of performing the terms of the present
agreement.
CLAUSE 14. Advertising and Expenses : -

AGENT undertakes to advertise the products in the territory and shall keep EXPORTER
informed of any action, which may help the sales promotion.
The cost incurred by advertisement and promotions carried out in the AGENT’S territory shall
be borne by AGENT.
CLAUSE 15. SUB-DEALERS OR DISTRIBUTORS: -

AGENT shall have the right to appoint sub-dealers or distributors, to carry out any of AGENT’S
obligations in his territory under the present agreement.
CLAUSE 16. FORCE MAJEURE: -

Neither party shall be liable to the other in the event of being unable to perform this agreement
by reason of riots, civil disturbances, wars, accidents, strikes, lockouts, storms, fires, floods or
any other circumstances beyond reasonable control.
CLAUSE 17. DURATION OF AGREEMENT: -

a) The agreement comes into force on this September,1 st 2010 and remains valid for the period of
one year i.e. August 31st 2010, and could be renewed by mutual written agreement .
b) This agreement automatically gets canceled if the AGENT failed to meet the purchases tasks
agreed upon by this agreement, and that could avoided by mutual written agreement as special
case.
CLAUSE 18. ASSIGNMENT: -

AGENT shall not sign or transfer his rights or obligations contained herein to any other party
without previous written consent of the EXPORTER.
CLAUSE 19. NOTICE: -

Any notice required under the terms of this agreement shall be given in writing or sent by email
or fax to the address of either party as is duly specified in the present agreement.
CLAUSE 20. SETTLEMENT OF DISPUTES: -

If any dispute or disagreement arises out of interpretation of this agreement, any sale and
purchase contract hereunder or the performance thereof on any matter arising out of this
agreement and if such dispute or disagreement is not settled in writing between AGENT and
EXPORTER by mutual cooperation in good faith, such dispute or disagreement shall be referred
to and settled finally and conclusively under provisions of Department Of Commerce,
Government of India.
CLAUSE 21. ENTIRE AGREEMENT: -

Subject to Foreign Trade Development and Regulation Act 1992, the provisions of this
agreement constitute the entire agreement between EXPORTER and AGENT, related to the
matter covered by this agreement and supersedes all previous agreements related to the same. In
witness the parties hereto have executed this agreement as of the day and year, first above
written.
EXPORTER AGENT
(Signature) (Signature)

Export Agency Agreement 3

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EXPORT AGENCY AGREEMENT

Managing Director : Mr. Piyush. V. Vora

Managing Director : Mr. Rana Imtiaz

Tel : 0097150 – 8847856

CLAUSE 2. APPOINTMENT AND TERRITORY: -

CLAUSE 3. SELLING AND AGENCY RIGHTS: -

CLAUSE 4. PURCHASES AND FORECASTS: -

CLAUSE 6. Minimum turnover

CLAUSE 7. PRICE FOR PURCHASE: -

CLAUSE 8. SALE PRICE: -

CLAUSE 10. AGENT’S OBLIGATIONS: -

CLAUSE 11. EXPORTER’S OBLIGATIONS: -

CLAUSE 12. INDUSTRIAL PROPERTY RIGHTS: -

CLAUSE 13. CONFIDENTIALITY: -

CLAUSE 14. Advertising and Expenses : -

CLAUSE 15. SUB-DEALERS OR DISTRIBUTORS: -

CLAUSE 16. FORCE MAJEURE: -

CLAUSE 17. DURATION OF AGREEMENT: -

CLAUSE 18. ASSIGNMENT: -

CLAUSE 19. NOTICE: -

CLAUSE 20. SETTLEMENT OF DISPUTES: -

CLAUSE 21. ENTIRE AGREEMENT: -

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