Generic Partnering
Agreement
for Product Sales on HobbyFarmLife.com
and Net Revenue Distribution
[Please note:
This generic partnering agreement is provided here for informational
purposes
only. Its terms may change based on discussions between the two
parties.]
This non-exclusive partnering agreement (Agreement) between Mind Like Water,
Inc. (MLW) and ____________________ (X) concerns the sale of
___________________ manufactured by X (Products) on HobbyFarmLife.com, a web site at http://www.hobbyfarmlife.com,
owned and operated by MLW. This Agreement further concerns the
distribution of net revenue generated from said sales.
MLW and X
agree to the following terms and conditions:
(1)
E-Commerce. MLW shall be responsible for marketing and
selling Products on HobbyFarmLife.com.
MLW may create web sites (Other Web Sites) in addition to
HobbyFarmLife.com
to market and sell Products. MLW has the right to make changes
to the way products are marketed on these sites at any time.
(2) Fees.
MLW shall not charge X
any fees related to marketing and selling Products on
HobbyFarmLife.com
or Other Web Sites. X
agrees to provide MLW with all reasonable graphics and
supporting text. MLW has the right, but not the obligation, to
produce new graphics and supporting text in order to increase
website traffic and sales of X Products.
(3)
Operation of Web Site(s). MLW shall be responsible for
operating HobbyFarmLife.com or Other Web Sites, to include
paying normal fees related to web hosting, server maintenance,
e-commerce and credit cards, as necessary to provide for the
sale of Products.
(4)
Product Fulfillment. X shall be responsible for
manufacturing, distribution, shipping, and all other issues
related to product fulfillment of Products sold by MLW on
HobbyFarmLife.com or Other Web Sites. X shall automatically
receive an email containing the order information, whenever a
sale is made online. For any offline sales (i.e., by phone or
mail), MLW will fax the order information to X.
(5)
Net Revenue Distribution. X shall receive
$____ (in U.S. funds) plus the actual cost of shipping (i.e.,
the cost billed to X by the shipping company) for each Product
sold on HobbyFarmLife.com or Other Web Sites. MLW, who shall set
the price for each Product sold on HobbyFarmLife.com or Other
Web Sites, will receive any amount above this distribution for
each Product sold. This distribution shall cover product
manufacturing and shipping to customers within Canada and the
United States. X reserves the right to raise prices based on
increases in labor, freight and/or raw material increases. MLW
will be given a 30-day advance notice, in writing, of any
increase.
(6)
Payment. MLW will receive payment from customers for all
Products sold. X shall invoice MLW for each processed order
(either individually or grouped). Every invoice must include the
customer name and the cost of goods sold. MLW
will be responsible for remitting payment within 30 days of
the invoice date.
(7)
Refunds/Chargebacks. If a refund or chargeback is issued to
a customer of MLW for Products on HobbyFarmLife.com or Other Web
Sites, MLW will deduct the refund/chargeback amount from a subsequent
invoice from X if the refund or chargeback is due to a problem
related to Product manufacturing. If the refund or chargeback is
due to a problem with shipping, X is responsible for settling
any claim(s) with the shipper.
(8) Sales
Tax. MLW shall be responsible for collecting State of Kansas
sales tax on sales made on HobbyFarmLife.com or Other Web Sites,
and for submitting the sales tax to the proper authorities.
(9)
Termination of Agreement. This Agreement may be terminated
by either party following written notice of 90 days.
(10)
Indemnification. X agrees to
indemnify MLW, its officers, assignees, and licensees, and hold
each of them harmless from and against any and all claims,
demands, losses, damages, liabilities, costs, and expenses,
including legal fees, arising out of or by reason of the
manufacturing, shipping, distributing or product fulfillment by
X of Products sold on
HobbyFarmLife.com or Other Web Sites
under this Agreement.
(11)
Assignment. Neither MLW nor X may assign this Agreement or
any of its rights or obligations to any third party(ies),
without the prior written consent of the other party to this
Agreement. This Agreement will be binding upon any permitted
successors or assigns.
(12)
Severability. The determination that a term or condition of
this Agreement is invalid, void or unenforceable does not affect
the effectiveness of the remaining provisions.
(13)
Entire Understanding. This Agreement constitutes the sole
and entire agreement between MLW and X regarding the services to
be provided. The Agreement becomes effective only when signed
and dated by MLW and X. No modifications to this Agreement shall
be deemed binding upon either party without written consent by
both parties.
(14) Term.
This Agreement is for a term of one year and is renewable.
(15)
Signatures. The undersigned agree to the terms and
conditions of this Agreement:
__________________________________________
_____________
Diane Faile
Date
Manager, HobbyFarmLife.com
Mind Like Water, Inc.
7419 Metcalf Avenue, # 321
Overland Park, KS 66204
__________________________________________
_____________
[name]
Date
[title]
[company]
[address]
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