17
BOTTLER:
AQUAWELL GROUP AG a company incorporated under the laws of Switzerland and
having its head office at Erlistrasse 6, 6403 Kssnacht am Rigi, Switzerland,
Commercial Reg. No. CHE-101.088.699,
(PARTY 1)
- and -
PURCHASER:
SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. Ltd. a company incorporated
under the laws of China, and having its head office at Room 201, Block A, No. 1
Qianwan Road One, Qianhai Shenzhen Hongkong Modern Service Industry
Cooperation Zone, Shenzhen, China, Tax No. 91440300 and Commercial Reg. No.
MA5ET16D41,
(PARTY 2)
WHEREAS:
and
PURCHASER wishes to enter into this agreement with BOTTLER and will order from
the BOTTLER products under his own brand name which he will sell in different
markets.
1. DEFINITIONS
Whenever used in this agreement, the following terms shall have the following
meanings respectively, unless otherwise specified:
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
3
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
1. TERM / DURATION
a. The initial term of this agreement shall come into effect on the effective date
and, unless terminated earlier in accordance with the terms of this
agreement, shall continue in full force and effect till the 31 st December of
each following year and will be renewed automatically if no event according
to acticle 14 Termination will occur for a period of 12 years (in words: twelve
years) (the Initial term).
4
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
Beneficiary:
AQUAWELL GROUP AG, Erlistrasse 6, CH-6403 Kssnacht
am Rigi
5
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
6
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
(including any legal costs) which BOTTLER may suffer or incur by reason of
PURCHASERs packaging, stocking, warehousing, storage, use, sale and/or
distribution of the Product.
6. PRODUCT REGISTRATION
a. PURCHASER is responsible for the product registration or other market
authorization be required to import and sell the products, PURCHASER
acknowledges and agrees that it shall be responsible for securing the
registration of the product or other market authorization.
b. In furtherance of the foregoing, PURCHASER agrees to use its best efforts to
arrange for and complete the registration of the products in PURCHASERs
name and trade-mark in a timely manner.
c. PURCHASER shall keep BOTTLER informed in writing of the progress of any
required application for registration, and any proposed submissions relating
to such product registration must be forwarded to PURCHASER.
7
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
8
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
9
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
11. TERMINATION
a. Notwithstanding any other provision herein, the parties hereto agree that this
agreement shall automatically terminate without requirement of notice to
the defaulting party or an opportunity to cure, upon the occurrence of the
following events:
i. if a decree or order of a court having competent jurisdiction is
entered adjudging a party bankrupt or approving as properly filed a petition
seeking or winding up of such party under the law of the Peoples Republic of
China or under any analogous, comparable or similar law in the territory or
other applicable jurisdiction, or under any other process of execution or
similar effect against any substantial part of the property of such party,
including, without limitation, the appointment of a receiver in respect
thereto, or ordering for the winding up or liquidation of its affairs, and any
such decree or order continues unstayed and in effect for a period of thirty
(30) days;
ii. if a governmental regulatory order or final judgment or decree in any
jurisdiction which materially and adversely affects the ability of a party to
fulfill its obligations to the other party under this agreement shall have been
made, issued obtained or entered against such party and such order,
judgment or decree shall not have been vacated, discharged or stayed
pending appeal within the applicable time period; or
iii. PURCHASER assigns or attempts to assign this agreement or any of
the rights or obligations hereunder without the prior written consent of
BOTTLER being given.
b. BOTTLER may, without prejudice to any other rights, immediately terminate
this Agreement by notice to PURCHASER if any change occurs in the
constitution, management or control or the financial or other circumstances
of PURCHASER which, in the sole opinion of BOTTLER, is materially
detrimental to the interests of BOTTLER including, without limitation, as a
result of any interest in PURCHASER being acquired by any person engaged
in a business that is competitive with the business of BOTTLER; or
c. In the event BOTTLER shall deem it necessary to recall the product from the
territory, whether as a consequence of issues discovered by BOTTLER, or if
required by the local authorities in the territory, BOTTLER shall be entitled to
terminate this agreement upon three (3) months notice. In such case,
neither of the parties shall be obliged to pay any compensation, loss of
income, or goodwill to the other party, except that BOTTLER shall indemnify
PURCHASER in respect to any liabilities incurred by PURCHASER in respect
to any claims made by any person against PURCHASER as a direct
consequence of and relating specifically to such recall of product, provided
10
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
that such product recall was not caused by or necessitated by any actions or
omissions on the part of PURCHASER.
d. Furthermore this agreement may also be terminated by either party at any
time in the event that the other party commits a material breach of any
provision of this agreement and such other party fails to remedy such breach
within thirty (30) days after receipt of written notice specifying the breach
from the non-defaulting party.
e. Early termination pursuant the above paragraphs shall not relieve either
party of any obligation arising hereunder prior to such termination including,
without limitation, PURCHASERs obligation to (i) purchase product covered
by purchase orders submitted by PURCHASER to BOTTLER; and (ii) pay
BOTTLER for the Product shipped or to be shipped pursuant to purchase
orders accepted prior to early termination, or BOTTLERs obligation to ship
product on accepted orders, or relieve either party of its liability for breach of
its obligations pursuant to the terms and conditions of this agreement
incurred prior to such early termination; nor shall it deprive either party of its
right to pursue any other remedy available to it
f. Upon termination of this agreement for any reason whatsoever:
i. all rights granted by BOTTLER to PURCHASER will be immediately
relinquished by PURCHASER who shall immediately pay all amounts due and
owing by it to BOTTLER forthwith, and in any event within ten (10) days of the
date of termination of this agreement;
ii. PURCHASER shall promptly return to BOTTLER all confidential
information, advertising and promotional material and any other materials
and documents given to PURCHASER and relating to this Agreement or
otherwise to the business of BOTTLER;
iii. DISTRIBUTOR shall cease use of BOTTLERs trade-marks and shall
thereafter refrain from holding itself out as an authorized distributor of
BOTTLER, and PURCHASER will forthwith remove and thereafter discontinue
all advertisements, signs and notifications stating or implying that it is a
distributor of product or in any way connected with BOTTLER;
iv. BOTTLER shall have the option, but not the obligation, to repurchase
from PURCHASER any of the product in PURCHASERs inventory by refunding
to PURCHASER its net cost for such product, provided, however, that
BOTTLER may set off and deduct from the repurchase price any amount then
due and owing by PURCHASER to BOTTLER as well as any freight charges
and duties relating to the delivery of such product to BOTTLER;
v. BOTTLER shall not be liable to PURCHASER by reason of the proper
termination of this agreement for any damages, whether direct,
consequential or incidental, on account of the loss of prospective profits on
anticipated sales or on account of expenditures, investments, leases or
commitments in connection with the business, arising from such termination
of this agreement; and
11
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
13. MISCELLANEOUS
a. Any notice, request, demand, consent or other communication required or
permitted under this agreement shall be in writing and shall be given by
personal delivery (including courier) by prepaid registered or certified mail or
by fax (confirmed by mail) addressed to the party for which it is intended at
the address below and shall be deemed to be given on the day of delivery or
12
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
13
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
BOTTLER:
AQUAWELL GROUP AG
17.12.17
14
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
..
Rep. Mr. Biagio Zoccolillo Rep. Mr. Mischa Jovanovic Rep. Mr. Jovan
Simunovic
Chairman of the Board Chief Executive Officer Head
Production
Pass No. X4500057 Pass No. X2664248 AQUAWELL PRODUCTION
D.O.O. Pass No. 009023829
PURCHASER:
SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD.
17.12.17
.
Rep. Mr. Zhang Haihui
Managing Director and Owner of the company
Pass No. E1749494
SCHEDULE A
(To the BOTTLING AND SALES AGREEMENT effective as of 2017-12-22)
15
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
Discount
0.33 lit. Kids water bottle 0.200 13% 8% 0.016 0.158
0.026
0.50 lit. Kids water bottle 0.270 13% 8% 0.022 0.213
0.035
2.00 lit. Baby water bottle 0.400 15% 8% 0.032 0.308
0.060
0.50 lit. Still water bottle 0.240 10% 8% 0.019 0.197
0.024
0.50 lit. Sparkling water
0.240 10% 8% 0.019 0.197
bottle 0.024
1.50 lit. Still water bottle 0.290 12% 8% 0.023 0.232
0.035
1.50 lit. Sparkling water
0.290 12% 8% 0.023 0.232
bottle 0.035
Marketing
GROSS Discount Net Price
GLASS Products and Trade
Price Distributor Distributor
Discount
0.33 lit. Still water bottle 0.285 7% 8% 0.023 0.242
0.020
0.33 lit. Sparkling water
0.285 7% 8% 0.023 0.242
bottle 0.020
1.00 lit. Still water bottle 0.638 9% 8% 0.051 0.530
0.057
1.00 lit. Sparkling water
0.638 9% 8% 0.051 0.530
bottle 0.057
All prices are F.O.B/ExW
BOTTLER: PURCHASER:
17.12.17 17.12.17
AQUAWELL GROUP AG SHENZHEN SHIHUI IMPORT &
EXPORT TRADE CO. LTD.
Rep. Mr. Biagio Zoccolillo Rep. Mr. Zhang Haihui
Chairman of the Board Managing Director and Owner of the company
Pass No. X4500057 Pass No. E01749494
Rep. Mr. Mischa Jovanovic
Chief Executive Officer
Pass No. X2664248
16
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
Rep. Mr. Jovan Simunovic
Head Production
AQUAWELL PRODUCTION D.O.O.
Pass No. 009023829
SCHEDULE A
(To the BOTTLING AND SALES AGREEMENT effective as of 2017-12-22)
1. BOTTLE PACKAGING
Bottle size (P.E.T.) Packaging (Option 1) Packaging (Option 2)
0.33 lit. Kids water Thermo-shrink foil Cardboard boxes
12 Bottles (12-Pack) 18 Bottles (18-Pack)
0.50 lit. Kids water Thermo-shrink foil Cardboard boxes
12 Bottles (12-Pack) 12 Bottles (12-Pack)
2.00 lit. Baby water Thermo-shrink foil No Cardboard boxes
6 Bottles (6-Pack)
0.50 lit. Still water Thermo-shrink foil Cardboard boxes
12 Bottles (12-Pack) 12 Bottles (12-Pack
0.50 lit. Sparkling Thermo-shrink foil Cardboard boxes
water 12 Bottles (12-Pack) 12 Bottles (12-Pack)
1.50 lit. Still water Thermo-shrink foil No Cardboard boxes
6 Bottles (6-Pack)
1.50 lit. Sparkling Thermo-shrink foil No Cardboard boxes
water 6 Bottles (6-Pack)
2. TRANSPORT PACKAGING
Transport (P.E.T. and Option 1: 20ft Option 1: 40ft Container
GLASS) Container
0.33 lit. Kids water Thermo-shrink foil: Thermo-shrink foil:
P.E.T. Packaging with EURO- Packaging with EURO-Pallets
Pallets 30 Pallets x 2016 bottles
17
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
18
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
SCHEDULE B
(To the BOTTLING AND SALES AGREEMENT effective as of 2017-12-17)
FIRST ORDER
No. Net
No. Cardboard Value of
P.E.T. Product Volume 20ft Price
boxes the goods
Container bottle
18-
Pack
0.33 lit. Kids water 80352 4464 2 0.158
(Cardboa 12'695.62
rd Boxes)
12-
0.50 lit. Kids water 44640 3720 Pack 2 0.213 9'508.32
(Cardboa
rd Boxes)
12-
0.50 lit. Still water 44640 3720 Pack 2 0.197 8'794.08
(Cardboa
rd Boxes)
19
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
12-
0.50 lit. Sparkling Pack
44640 3720 2 0.197 8'794.08
water (Cardboa
rd Boxes)
No. Net
No. Cardboard Value of
P.E.T. Product Volume 40ft Price
boxes the goods
Container bottle
6-Pack
1.50 lit. Still water 30240 5040 (Cardboa 2 0.232 7'015.68
rd Boxes)
The OWNER will be ready from 01.03.2018 to provide the Glass products to
the DISTRIBUTOR.
No. Net
No. Cardboard Value of
GLASS Product Volume 20ft Price
boxes the goods
Container bottle
18-
0.33 lit. Still water 35100 1950 Pack 2 0.242 8'494.20
(Cardboa
rd Boxes)
18-
0.33 lit. Sparkling Pack
35100 1950 2 0.242 8'494.20
water (Cardboa
rd Boxes)
6-Pack
1.00 lit. Still water 12480 2080 (Cardboa 2 0.530 6'614.40
rd Boxes)
Summary
Value of the 1st order in P.E.T. Products (from signing this 60'919.78
agreement)
Value of the 1st order in GLASS Products from 01.03.2018 30'217.20
TOTAL 91136.98
This prices are net prices and all discounts are granted. The prices are
F.O.B. / ExW. Products are with Serbian label declarations, the DISTRIBUTOR
is responsible for the declaration of the goods for its territory and at the
20
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
territory.This order is valid after signing this agreement and payment of the
goods in advanced.
OWNER: DISTRIBUTOR:
17.12.17 17.12.17
AQUAWELL GROUP AG SHENZHEN SHIHUI IMPORT &
EXPORT TRADE CO. LTD.
Rep. Mr. Biagio Zoccolillo Rep. Mr. Zhang Haihui
Chairman of the Board Managing Director and Owner of the company
Pass No. X4500057 Pass No. E01749494
Rep. Mr. Mischa Jovanovic
Chief Executive Officer
Pass No. X2664248
.
Rep. Mr. Jovan Simunovic
Head Production
AQUAWELL PRODUCTION D.O.O.
Pass No. 009023829
SCHEDULE C
(To the BOTTLING AND SALES AGREEMENT effective as of 2017-12-17)
21
BOTTLING AND SALES AGREEMENT / SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. LTD. 22.12.17
CONTACTS
AQUAWELL GROUP AG
Erlistrasse 6
6403 Kssnacht am Rigi Switzerland
Commercial Reg. No. CHF-101.088.699
Contact:
Office No. +41 43 931 7750
Office Fax. +41 43 931 7751
info@aquawell.com
www.aquawell.com
www.saint-johns.com
Person:
OWNER Mr. Mischa Jovanovic, Chief Executive Officer
e-Mail: mischa.jovanovic@aquawell.com
Mobile: +41 79 627 12 48
Production:
AQUAWELL PRODUCTION D.O.O.
Galovici bb
31260 Kosjeric - Serbia
Person:
Mr. Jovan Simunovic, Head of Production and Factory
e-Mail: jovan.simunovic@aquawell.com
Tel: +381(0)31 3155 101 | Fax: +381(0)31 3155 102
Mobilni tel: +381 69 3155 880
SHENZHEN SHIHUI IMPORT & EXPORT TRADE CO. Ltd.
Headquarters: Room 201, Block A, No. 1 Qianwan Road One,
Qianhai Shenzhen Hongkong Modern Service Industry
Cooperation Zone, Shenzhen, China
Contact:
Office No. +86 755 83977982
DISTRIBUTOR e-Mail: 516181256@qq.com
Person:
Mr. Zhang Haihui, Managing Director
Mobile: +86 136 9186 2272
Mr. Miroslav Adrovi
Mobile: +86 150 1349 1444
E-Mail: dream_HongKong@yahoo.com
22