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Distribution Agreement

Agreement made as of the _____ day of _______________, 20____, by and between the Supplier: 

 

Supplier Name: StrikingLED (a subsidiary of Infinitum Energy)

Address: 581 Lancaster St. W.

City, Province, State:Kitchener, Ontario

Postal / Zip Code:N2K 1M5

 
 And the Distributor:
 

Distributor Name:

Address:

City, Province, State:

Postal / Zip Code:

 
 
 1) Scope of Distributorship: 
 
a. Territory: The distributor is permitted to sell and promote the products anywhere in North America. 
 
b. Products: The products include all automotive and transportation-related LED bulbs from 10 to 60 volts DC. The full range of products is listed on the StrikingLED website.
 
 c. Exclusivity: If sole distributor exclusivity is desired, terms are to be mutually agreed upon by the Supplier and the Distributor. 
 
d. Term: The term of this Agreement shall be for a period of two years commencing on *DATE*, and terminating on *DATE*, and shall thereafter continue in effect unless either party shall notify the other of its intention to terminate this Agreement by giving at least 30 days written notice prior to any specified termination date.
 
2) Pricing & Terms of Payment: 
 
a. Pricing: Product prices are published on www.StrikingLED.com. The distributor volume discount is as follows: 
 
Level 1 (20% Volume discount) – $500 - $2000 in purchased product monthly 
 
Level 2 (25% Volume discount) – $2001 - $5000 in purchased product monthly 
 
Level 3 (30% Volume discount) – > $5001 in purchased product monthly 
 
b. Terms of Payment: Payment in full for all Product shipments shall be made by the Distributor to the Supplier, in Canadian dollars within thirty (30) days from the invoice date. For international distributors, payment should be made in advanced.  The Distributor will pay interest on overdue accounts at a rate of prime plus three percent (3%). Furthermore, all bank charges and/or charges by the bank in association with the processing of the past due accounts will be the responsibility of the Distributor. Forms of payment include PayPal, bank draft, cheque, MasterCard, Visa and American Express. 
 
If paying through PayPal, credit card or processing system that charges any fees are the responsibility of the Distributor. If paying by credit card, an additional 2.75% will be added to the order to cover credit card charges. When placing an order, the Distributor is responsible for all shipping charges including brokerage fees. 
 
3) Warranty of the Products: The supplier provides a two (2) year warranty on all LED products. The warranty covers manufacturing defects only.
 
4) Returns: The vast majority of products available at StrikingLED are returnable, provided they are returned with all original packaging, paperwork and parts in new and unused condition.
 
 To initiate a return, a Return Authorization Number (RA#) must be requested within 30 days of receipt of the product. When shipping the return, this RA# must be clearly labeled on the package. Items returned without an RA # are not eligible for refund or exchange. 
 
Return Procedure: 
 
1. Contact StrikingLED via email at info@strikingled.com 2. Our Customer Care Specialists will provide you with an RA# and detailed return instructions. 3. Clearly write and/or affix the RA# on the package and return to the address specified in the email. 4. Unless the return is due to manufacturer defect or StrikingLED error, the customer is responsible for return shipping costs. 5. The original method of payment used to place the order will be credited the purchase price. StrikingLED will send a confirmation email once the refund has been issued. Please allow 5-7 business days for your bank to process the credit. 
 
Defective Items 
 
If you receive an item that is broken or defective, StrikingLED will provide a prepaid return shipping label. To obtain the return shipping label, follow the above return procedure. 
 
Restocking Fees 
 
Certain products require a restocking fee. These items qualify for a refund, less the restocking fee and any return shipping costs. 
 
5) Obligations of the Supplier: It is the duty of the Supplier to supply the products, to provide information about the products and to provide education and technical support. The Supplier will fill promptly and to the best of its ability all orders for the products received from the Distributor. 
 
6) Obligations of the Distributor: It is the duty of the Distributor to purchase a minimum of $500 a month in product and to promote the products purchased. 
 
7) Intellectual Property: The Supplier gives the distributor the legal right to use the supplier’s intellectual property, including brand names and trademarks, for purposes of its sales and marketing efforts. 
 
8) Post-Termination Obligations: After termination of this contract for any reason, the Distributor is obligated to keep all StrikingLED’s product. A re-stocking fee of 10% will apply for all orders cancelled within 48 hours of placement of order. After 48 hours, a 20% re-stocking fee will apply. 
 
No modification of this Agreement shall be of any effect unless set forth in writing. 
 
This Agreement is the entire agreement between the parties, and neither party has made any representations or promises to the other which are not expressed in this written Agreement. ___________________________________ Supplier - StrikingLED 
 
 
 
____________________________________ 
Distributor