AGENT AGREEMENT
DATE: Dec. 29, 2015
TO. FR-AG1041229V1
CONG TY TNHH TM SX VAN SU LOI/越南万事利机械贸易有限公司
ADD.:119-121 SONG HANH,P.10,Q.6,TP.HCM,VIETNAM
TEL: +84-8-37552222/37553333, FAX:+84-8-37554999
FM.
FAIR FRIEND ENT. CO., LTD./Machine Tool Division.
ADD.:12, Jingke Rd., Nantun Dist., Taichung City 408, Taiwan
TEL:+886-4-23594075, FAX: +886-4-23594873
Dear Sirs,
We herewith would like to confirm on the basis of the Agent Agreement that
FAIR FRIEND ENT. CO., LTD./Machine Tool Division (hereinafter referred to as “Fair
Friend”) hereby designates and appoints CONG TY TNHH TM SX VAN SU LOI
(herein after referred to as “AGENT”) as a distributor of Fair Friend itself produced
products for South of Vietnam market (Annex1, territory 32~61) till 31st December
2016. Also we would like to confirm on assisting AGENT technical service,
supplying spare parts for Fair Friend products, training AGENT engineers and giving
technical information at any time.
During the term of this Agreement, AGENT undertakes not to sell, transfer, rent,
lease, or dispose of any similar products manufactured by competitors of Fair Friend
without Fair Friend’s prior written consent in the Territory. However, this will not
include the stock AGENT already has in its possession at the time of the signing of
this contract.
For sales plan, target and forecast orders, by mutual agreement that AGENT submit
to Fair Friend a sales plan of 15 sets machine for year 2016. The actual sales
performance will be examined on year basis by Fair Friend, if the year sale or
shipment doesn’t reach the target, this agreement may be terminated or will be
accepted by Fair Friend for extension for this agreement if the AGENT has a good
reason & strategy to improve the sales or shipment.
This agreement shall become effective from the date of first above written and shall
remain in full force and effect for a period of one (1) year unless any party hereto
gives to the other party a written notice to terminate this agreement at least three (3)
months prior notice of their intention of the termination.
CONG TY TNHH TM SX VAN SU LOI FAIR FRIEND ENT. CO., LTD