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DISTRIBUTION
AGREEMENT
THIS
AGREEMENT (“the
Agreement”) effective as of the 7 th
day of
June, 2007.
| BETWEEN |
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BLINK COUTURE
INC. |
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1107-1199 Marinaside
Crescent |
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Vancouver British
Columbia V6Z 2Y2 |
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(“
Blink ”)
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| AND
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| Sofia
Bozikis dba Sofia Bozikis Handbags |
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Vancouver, British Columbia, Tel: 604 261 9149 |
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(“ Designer ”)
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WHEREAS :
A. Blink is in the business of
selling fashion merchandise on the internet.
B. Designer is in the business
of designing and making clothes.
C. Blink and Designer (together
“ the
Parties ”) have agreed to terms dated in order that Blink
will sell some of Designer’s products through its internet
site.
D. The terms of this Agreement
replaces any other agreement reached between the
Parties.
THIS AGREEMENT
WITNESSES that, in
consideration of the matters referred to, the Parties have agreed
that the terms and conditions of the relationship shall be as
follows:
1
Term
1.1 The term of this Agreement shall commence on the date
of execution and shall continue until cancelled on 60 days written
notice by either party.
Obligations of
the Parties
2
General
2.1 Within fourteen (14) days of the execution of this
Agreement, Designer will send to Blink a list of all products that
they currently design and make (the “ Products ”), together
with a list of the cost price of the Products. The cost price shall
be the price to be paid by Blink for the product and shall identify
all PST, GST or other taxes payable by Blink (“Cost
Price”).
2.2 Each month Designer will send to Blink an updated list
Products which will list: (a) new products, (b) out of stock
products, and (c) discontinued products.
| 2.3
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Blink will select, in its
absolute discretion, which Products it wishes to advertise, market,
promote and sell through its website at www.blinkcouture.com
, and any
other websites owned or operated by Blink or its subsidiaries
(“ the Website
”). |
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Blink shall be under no
obligation to consult with Designer regarding (a) which Products it
chooses to advertise, market, promote and sell on the Website, or
(b) the retail price at which the Products are advertised,
marketed, promoted and sold to customers through the Website,
regardless of any markup in value. |
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| 3
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Delivery |
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| 3.1
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When a sale is made of
Products through the Website, Blink will be responsible for
organizing the delivery of the Products to the
customer. |
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| 3.2
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As sales of Products through
the Website increase, Blink may request that Designer provide
inventory on consignment for popular Products so as to facilitate
faster delivery of the Products to the customers. |
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| 4
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Price and
Payment |
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| 4.1
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The Parties agree that all
products that Designer sells to Blink pursuant to this Agreement
will be at Cost Price. |
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| 4.2
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For non consignment items,
Blink agrees to pay Designer on delivery of the
Product. |
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| 4.3
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For Consignment Items, Blink
shall pay Designer at the end of the month in which the sale is
made. Blink shall also provide an updated list of items on
consignment together with a break down of all sales made in that
period. |
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| 5
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Obligations Relating to
Consignment Items |
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| 5.1
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Designer assumes all liability
for the loss, damage to, or destruction of Products consigned to
Blink (“Consigned Item”). |
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| 5.2
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Consigned Items shall remain
the property of Designer, and title to the Consigned Items shall
remain with Designer until such time as Blink has paid for the
Consigned Items in full. |
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| 5.3
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At any time until Blink has
paid Designer in full for the Consigned Items, Designer may elect
to remove the Consigned Items. Designer shall notify Blink at least
seven days prior to electing to remove the Consigned Items under
this paragraph. |
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| 5.4
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Blink may return Consigned
Items to Designer at its own discretion. If Blink initiates a
return, Blink shall notify Designer at least seven days prior to
returning the items. Blink is responsible to Designer for delivery
of the returned items under this paragraph and sh |
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