Wholesale Terms and Conditions (Exhibit A)
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Non-Exclusive. SLIDEBELTS INC. a Delaware Corporation (“Supplier”) agrees to sell Buyer (“Buyer”) SlideBelts Products (“Products”) in accordance with the terms and conditions of this Agreement. Supplier may in its sole discretion sell the Products to any other Person, including Buyers, retailers, and end users.
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Right to Resell Competitive Products. This Agreement does not preclude either Party from entering into an agreement (a "Competitive Transaction") with any other Person related to the sale, resale, or distribution of other goods or products, including those that are similar to or competitive with the Products; provided, however, if the Buyer enters into a Competitive Transaction, Buyer cannot sell or list Products that infringe on Suppliers patents in any way.
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No Franchise or Business Opportunity Agreement. The Parties to this Agreement are independent contractors and nothing in this Agreement shall be deemed or constructed as creating a joint venture, partnership, agency relationship, franchise, or business opportunity between Supplier and Buyer
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Storefront Retail Sales Only. Buyer does not have the right to sell the Products via any online sales channels (e.g., Amazon, eBay, Shopify, Alibaba) without prior written approval from the Supplier. The Supplier will be the only online sales channel.
MISCELLANEOUS
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Further Assurances. On a Party's reasonable request, the other Party shall, at its sole cost and expense, execute and deliver all such further documents and instruments, and take all such further acts, reasonably necessary to give full effect to this Agreement.
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Entire Agreement. This Agreement, including and together with related exhibits, schedules, attachments, and appendices, together with the Purchase Order Transaction Terms, constitutes the sole and entire agreement of the Parties with respect to the subject matter contained herein and therein, and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding such subject matter.
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Survival; Limitation of Actions. Subject to the limitations and other provisions of this Agreement: the representations and warranties of the Parties contained herein and related exceptions, limitations, or qualifiers survive the expiration or earlier termination of this Agreement for a period of 12 months after the expiration or termination
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Notices. All notices, requests, consents, claims, demands, waivers, and other communications under this Agreement (each, "Notice" and with the correlative meaning, "Notify") must be in writing and addressed to the other Party at its address set out below (or if to the Buyer then to the address specified in the Wholesale Agreement). Unless otherwise agreed herein, all Notices must be delivered by personal delivery, nationally recognized overnight courier or certified or registered mail (in each case, return receipt requested, postage prepaid). Notwithstanding the foregoing, Notice given by facsimile or email (with confirmation of transmission) satisfies the requirements of this Section. Except as otherwise provided in this Agreement, a Notice is effective only (a) on receipt by the receiving Party, and (b) if the Party giving the Notice has complied with the requirements of this Section.
Notice to Supplier: 5272 Robert J Mathews Pkwy El Dorado Hills, CA 95762 Facsimile:
(916) 527-0822 Email:
wholesale@slidebelts.com Attention: Wholesale Manager
Notice to Buyer: See Wholesale Agreement
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Headings. The headings in this Agreement are for reference only and do not affect the interpretation of this Agreement.
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Severability. If any term or provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability does not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction.
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Amendment and Modification. No amendment to or modification of this Agreement is effective unless it is in writing and signed by an authorized Representative of each Party.
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Waiver. No waiver under this Agreement is effective unless it is in writing, identified as a waiver to this Agreement and signed by an authorized representative of the Party waiving its right. Any waiver authorized on one occasion is effective only in that instance and only for the purpose stated, and does not operate as a waiver on any future occasion. None of the following constitutes a waiver or estoppel of any right, remedy, power, privilege, or condition arising from this Agreement: any failure or delay in exercising any right, remedy, power, or privilege or in enforcing any condition under this Agreement; or any act, omission, or course of dealing between the Parties.
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Assignment. Buyer may not assign any of its rights or delegate any of its obligations under this Agreement without the prior written consent of Supplier. Any purported assignment or delegation in violation of this Section is null and void. No assignment or delegation relieves the assigning or delegating Party of any of its obligations under this Agreement. Supplier may assign any of its rights or delegate any of its obligations to any Affiliate or to any Person acquiring all or substantially all of Supplier's assets without the consent of Buyer.
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Successors and Assigns. This Agreement is binding on and inures to the benefit of the Parties and their respective permitted successors and permitted assigns.
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Choice of Law. The validity, construction and performance of this Agreement shall be governed and construed in accordance with the laws of the State of California applicable to contracts made and to be wholly performed within such state, without giving effect to any conflict of laws provisions thereof. The Federal and state courts located in the State of California shall have sole and exclusive jurisdiction over any disputes arising under, or in any way connected with or related to, the terms of this Agreement and Receiving Party: (i) consents to personal jurisdiction therein; and (ii) waives the right to raise forum non conveniens or any similar objection.
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Choice of Forum. Each Party irrevocably and unconditionally agrees that it will not commence any action, litigation, or proceeding of any kind whatsoever against the other Party in any way arising from or relating to this Agreement, including all exhibits, schedules, attachments, and appendices attached hereto and thereto, and all contemplated transactions, including contract, equity, tort, fraud, and statutory claims, in a state or federal court located in Sacramento County in the State of California. Each Party agrees that a final judgment in any action, litigation, or proceeding is conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by Law.
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Dispute Resolution. In the event of dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity hereof (each, "Dispute"), the Party seeking to settle the Dispute shall deliver Notice per the Notice section of this Agreement. The Parties shall negotiate in good faith to resolve the Dispute. If the Parties are unable to resolve any Dispute within 45 Business Days after the applicable Dispute Notice's delivery, either Party may file suit in a court of competent jurisdiction in accordance with this Agreement.
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Waiver of Jury Trial. Each Party acknowledges and agrees that any controversy that may arise under this Agreement, including any exhibits, schedules, attachments, and appendices attached to this Agreement, is likely to involve complicated and difficult issues and, therefore, each Party irrevocably and unconditionally waives any right it may have to a trial by jury in respect of any legal action arising out of or relating to this Agreement, including any exhibits, schedules, attachments, and appendices attached to this Agreement, or the transactions contemplated hereby. Each Party certifies and acknowledges that (a) no Representative of the other Party has represented, expressly, or otherwise, that the other Party would not seek to enforce the foregoing waiver in the event of a legal action, (b) it has considered the implications of this waiver, (c) it makes this waiver voluntarily, and (d) it has been induced to enter into this Agreement by, among other things, the mutual waivers and certifications in this Section.
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Counterparts. This Agreement may be executed in counterparts, each of which is deemed an original, but all of which together are deemed to be one and the same agreement.
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Force Majeure. No Party shall be liable or responsible to the other Party, nor be deemed to have defaulted under or breached this Agreement, for any failure or delay in fulfilling or performing any term of this Agreement (except for any obligations to make payments to the other Party under this Agreement), when and to the extent the failure or delay is caused by or results from acts beyond the impacted Party's ("Impacted Party") reasonable control, including the following force majeure events ("Force Majeure Events"): (a) acts of God; (b) flood, fire, earthquake, or explosion; (c) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot, or other civil unrest; (d) requirements of Law; (e) actions, embargoes, or blockades in effect on or after the date of this Agreement; (f) action by any Governmental Authority; (g) national or regional emergency. The Impacted Party shall give Notice 10 Business Days of the Force Majeure Event to the other Party, stating the period of time the occurrence is expected to continue.