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Exhibit 10.3
CONSULTING AND MANAGEMENT
SERVICES AGREEMENT
This CONSULTING AND MANAGEMENT
SERVICES AGREEMENT is made as of _____________, 2008, between
and among The Hong Kong Winalite Group Limited, a Hong Kong
company (“ Winalite ”); and the
following (the “ Distributor
”):
Name of company:
_____________________________________________________________
Country and location of legal
organization:
___________________________________________
Distributor’s initials:
__________
Winalite’s
initials: __________
Each of the foregoing is referred
to as a “ Party ” and together as the
“ Parties ”. Capitalized terms not
otherwise defined have the meanings assigned to them in
Exhibit A to this Agreement.
RECITALS
A.
By an Exclusive International
Distribution Agreement between the Parties dated as of ________,
2008 (the “ Distribution Agreement ”),
Winalite has appointed Distributor to be its exclusive
distributor within the Territory of the Products, as those terms
are defined in the Distribution Agreement.
B.
Distributor desires to obtain from Winalite certain
consulting, management, technical, marketing, financial and/or
other services, and Winalite is willing to provide those services,
on the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the mutual
promises and covenants contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which are
acknowledged by the Parties, the Parties agree as
follows:
AGREEMENT
1.
The Services.
(a)
During the Term of this
Agreement, Winalite will provide to Distributor, upon written
request, any or all of the consulting, management, technical,
marketing, financial and/or other services identified on
Exhibit B (the “ Services ”),
in consideration for the payment of the fee(s) set forth on
Exhibit C (the “ Fees
”).
(b)
Winalite will provide the
Services using personnel with appropriate skills and experience.
Winalite will designate the personnel, and determine the time
and place at which the Services will be provided, consistent
with reasonable practice in the industry in which Distributor is
engaged.
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(c)
Winalite will not undertake
operational responsibilities in connection with providing the
Services hereunder and will serve only in an advisory capacity,
providing only recommendations to Distributor.
2.
Representations and
Warranties. Each Party
represents and warrants to the other, as to itself and not as to
the other, as follows:
(a)
It is a company duly organized
under the laws of the country identified in its address on the
signature page of this Agreement and has all requisite corporate
power and authority to enter into, deliver and perform its
obligations under this Agreement. When duly executed and
delivered by it, this Agreement will constitute an obligation
which is valid, binding on and enforceable against
it.
(b)
All corporate action necessary to
execute, deliver and perform its obligations under this
Agreement has been duly taken.
3.
Limitation of
Liability. Winalite
will have no liability to Distributor arising out of the
performance of the Services unless due to the gross negligence
or willful misconduct of Winalite or any of the personnel
assigned by Winalite to perform the Services. In no event will
Winalite have any responsibility for consequential damages or
loss of profits of Distributor.
4.
Confidentiality.
Notwithstanding any
other provision of this Agreement, the Parties agree to maintain
in confidence, and not to disclose to other Person, either
during the Term of this Agreement or during a period of five (5)
years thereafter, any and all Confidential Information furnished
by a Party (the “ Disclosing Party ”)
to the other Party (the “ Receiving Party
”). “ Confidential Information ”
means and includes any information of any nature except for
information (i) which at the time of disclosure is, or
subsequently becomes, part of the public domain through no fault
of the Receiving Party, (ii) which at the time of disclosure, is
already known to the Receiving Party and the Receiving Party can
prove such prior knowledge, or (iii) which is subsequently
disclosed on a non-confidential basis to the Receiving Party by
a third Party whose receipt and disclosure does not constitute a
violation of any confidentiality obligation to the Disclosing
Party. Confidential Information may include, but will not be
limited to, processes, compilations of information, records,
specifications, cost and pricing information, customer lists,
catalogs, booklets, technical advertising and selling data,
samples, and the fact of the Disclosing Party’s intent to
manufacture, market, sell or distribute any new product, and
except for information which is public or general industry
knowledge, all information furnished by the Disclosing Party to
the Receiving Party will be considered to be Confidential
Information, whether or not specifically so designated. The
Receiving Party will take all reasonable steps to protect the
Confidential Information from unauthorized disclosure,
including, but not limited to, informing its employees in
writing of the confidential nature of the information and
binding those employees to maintain the confidentiality of the
information to the same extent as provided herein. The Receiving
Party further agrees not to use any Confidential Information in
any way, directly or indirectly, except as required in the
course of the performance of the terms of this Agreement and
approved in writing and in advance by the Disclosing
Party.
5.
Compliance with
Laws . Each Party will at
all times and at its own expense (a) strictly comply with all
applicable laws, rules, regulations and governmental orders, now
or hereafter in effect, relating to its performance of this
Agreement, (b) pay all fees and other charges required by such
laws, rules, regulations and orders, and (c) maintain in full
force and effect all licenses, permits, authorizations,
registrations and qualifications from all applicable
governmental departments and agencies to the extent necessary to
perform its obligations hereunder.
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6.
Term and Termination.
The term of this Agreement
(the “ Term ”) will commence on the
date first set forth above and continue until terminated in
accordance with this Section 6 . This Agreement may be
terminated at any time by Winalite, and upon sixty (60)
days’ advance notice by Distributor, by written notice
delivered to the non-terminating Party specifying the effective
date of such termination. Expiry or termination of this
Agreement in accordance with its terms will not give either
party the right to claim any damages or compensation, indemnity
or reimbursement whatsoever from the other by reason of such
expiry or termination (including, but not limited to, any claims
in respect of present or prospective loss of profits or
distribution rights, or any similar loss or for expenditures,
investments, commitments or otherwise), but such expiry or
termination will be without prejudice to any rights or remedies
available to, or any obligations or liabilities accrued to,
either party at the effective date of termination.
7.
Dispute
Resolution .
(a)
Friendly
Negotiations
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