This Agreement for the OEM Sale of Goods ("Agreement"), is made and effective from the date signed below, by and between DanceShoesOnline.com an Illinois Corporation of U.S.A. ("Manufacturer or Seller") and the undersigned, as a("Buyer").
Manufacturer desires to sell to Buyer, and Buyer desires to purchase from Manufacturer, Terms and conditions are as set forth herein.
NOW, THEREFORE, in consideration of the mutual promises herein contained, the parties hereto agree as follows:
1. Sale Seller agrees to sell, transfer and convey to Buyer, and Buyer agrees to purchase the following tangible personal property (the "Goods"): Dance Shoes, Ballroom Dance Shoes and Dancewear.
2. Prices, Discounts, Delivery and label A. All sales of Manufacturer's Products to Seller shall be made pursuant to this Agreement at Manufacturer’s retail prices listed on its online store namely “DanceShoesOnline.com”, less Buyer’s discounts which will be based on the total units of Manufacturer’s Products in Buyer’s purchase order, as follows:
B. The above calculations are on the annual basis started from buyer's first purchase. Manufacturer shall issue an eletronic code (OEM Distributor Code) to Buyer. A code discount shall be subject to the estimate of sales annually approved by Manufacturer. Manufacturer shall issue the code to Buyer anually on the beginning dates of each year. The code expires on the end day of each year. Performance shall be prorated based on the day the agreement becomes valid. Manufacturer shall not be required to fill any Buyer's order of less than 50 units of Manufacturer's Product. Any such order should be placed by Buyer through Manufacturer’s online payment system. Code discount shall be revised subject to previous year's performance of a Buyer.
C. All prices are FOB Manufacturer's plant. Buyer shall bear all costs, insurance premiums, freight and all other charges or expenses incurred after Manufacturer has placed the products in the custody of a carrier at the place of shipment to Buyer.
D. Manufacturer agrees to properly pack all items for shipment. Risk of loss due to damage or destruction of Manufacturer's Products shall be borne by Buyer after delivery to the carrier for shipment. The carrier will be selected by Manufacturer unless Buyer requests a reasonable alternative.
E. Buyer will provide the label with appropriate design; Manufacturer will produce shoes with the provided label subject to the manufactuer's approval.
3. Payment. A. Buyer shall first pay 30% deposit for any order for Manufacturer’s Products prior to or at the time of acceptance by Manufacturer of such order; with the remaining balance of 70% payable upon receipt of notice or invoice by Manufacturer that the Manufacturer’s Products are ready to be delivered to the carrier for shipment to Buyer (This term is only for a Buyer who orders over 500 pairs of shoes each time with additional approval by Manufacturer). .
B. All payments hereunder shall be made by check or money order or any payment method indicated by Manufacturer, payable to Manufacturer and sent to its address as provided hereinafter; or by wire transfer to Manufacturer’s bank as follows:
Bank: LaSalle Bank, Lisle. Bank Address: 4733 Main Street, Lisle, IL 60532 USA
A/C Name: DanceShoesOnline.com.
A/C Informations: Routing: provide as requested Account No: provide as requested
You can choose PayPal, and pay online. If payments are made by check, the Buyer’s order will not be filled until the check has been cleared.
C. Buyer shall pay all charges due hereunder within seven (7) days after the date of Manufacturer's invoice. Payment shall be made as shown on the invoice. Manufacturer may impose a late payment charge of three percent (3%) per month on overdue amounts.
4. Order Acceptance, Processing and Returns. A. All orders are subject to acceptance by Manufacturer. Manufacturer shall not be bound by any order placed by Buyer until such order has been accepted by Manufacturer. Manufacturer reserves the right to cancel any order or any part of it after acceptance, for credit or any other reason whatsoever deemed by Manufacturer to be sufficient or necessary.
B. Except as otherwise expressly agreed by Manufacturer in advance, this Agreement shall control all aspects of the dealings between Manufacturer and Buyer with respect to the Manufacturer's Products and any additional or different terms in any Buyer order are hereby rejected. If any terms or conditions in any Buyer order are inconsistent with the terms of this Agreement, such inconsistent order terms or conditions shall be null and void and shall not be binding on Manufacturer notwithstanding the acceptance of such order by Manufacturer.
C. Manufacturer will employ its best efforts to fill Buyer's orders promptly on acceptance, but reserves the right to allot available inventories among distributors at its discretion.
D. Except for Manufacturer's products that are defective at the time of sales to Buyer, Manufacturer shall not be obligated to accept any Manufacturer's Products that are returned. Buyer shall not return any Manufacturer’s Products without prior written acceptance of Manufacturer for such return.] In the event such returns are accepted, Manufacturer may impose a reasonable restocking charge.
5. Shipping, Right of Inspection. Seller shall deliver the goods to a shipper (selected by Buyer) as follows: China Post Office’s Express Mail Service (EMS) located at Huiyang, Guangdong, China. Buyer shall be solely responsible for the expenses associated with shipping. The risk of loss from any casualty to the Goods, regardless of the cause, shall be upon Buyer upon the delivery of the Goods to Buyer's shipper as set forth herein. When practicable, Seller will follow Buyer's requested shipping instructions. If none are requested, Seller will use its discretion in selecting an appropriate transportation method.
Buyer shall have the right to inspect the goods on arrival at Buyer's facility. Within 3 workings days after delivery, Buyer must give notice to Seller of any claim with respect to the condition, quality or grade of the Goods or non-conformance to this Agreement, specifying the basis of the claim in detail. Seller may, at its option inspect the Goods at Buyer's facilities to confirm that the Goods do not conform. Failure of Buyer to comply with these conditions within the time set forth herein shall constitute irrevocable acceptance of the Goods by Buyer. In the event the Goods do not conform to this Agreement, Buyer's sole remedy and Seller's sole obligation shall be at Seller's option to replace the Goods at Seller's expense or credit Buyer the amount of the purchase price for the non- conforming goods. Return shipping shall be the responsibility of Seller.
6. Identification of Goods. Identification of the Goods shall not be deemed to have been made until both Buyer and Seller have specified that the Goods are to be appropriated to the performance of this Agreement.
7. Warranty. EXCEPT AS SET FORTH HEREIN, SELLER MAKES NO WARRANTY TO BUYER WITH RESPECT TO THE GOODS, AND BUYER DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
8. Transfer of Title. Title to and ownership of the goods shall not pass from Seller to Buyer until Buyer has paid in full the purchase price to Seller.
9. Limitation of Liability. In no event shall Seller be liable for any special, indirect, incidental or consequential damages arising out of or connected with this Agreement or the Goods, regardless of whether a claim is based on contract, tort, strict liability or otherwise, nor shall Buyer's damages exceed the amount of the purchase price of the Goods.
10. Taxes. Buyer shall pay or reimburse Seller as appropriate for any sales, use, excise or other tax imposed or levied with respect to the payment of the purchase price for the Goods or the conveyance of title in the Goods to Buyer. In no event shall Buyer be responsible for any tax imposed upon Seller based upon Seller's income or for the privilege of doing business.
11. Notices. Any notice required by this Agreement or given in connection with it, shall be in writing and shall be given to the appropriate party by personal delivery or by certified mail, postage prepaid, or recognized overnight delivery services.
If to Seller: DanceShoesOnline.com 3304 Lawrence Dr., Naperville, IL60564, USA
If to Buyer: (same as information filled in the application form)
12. Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the state of Illinois, USA.
13. Final Agreement. This Agreement terminates and supersedes all prior understandings or agreements on the subject matter hereof. This Agreement may be modified only by a further writing that is duly executed by both parties.
14. Severability. If any term of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then this Agreement, including all of the remaining terms, will remain in full force and effect as if such invalid or unenforceable term had never been included.
15. Headings. Headings used in this Agreement are provided for convenience only and shall not be used to construe meaning or intent.
16. Signed by Buyer The Sign-up Form and the form below is part of the agreement, please check on it to indicate that you have read and agreed this agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date first above written.