Submissions and requirements for formal appointment of Reseller The intending Reseller should apply for and obtain all necessary licenses and permissions as required by the Law of the Land of the Reseller, prior to commencing the commercial sales of products. The intending Reseller should also get the Bakey’s product tested by local food testing authority, especially in terms of presence of any allergens that some members of local community has sensitivity to. For this purpose, part of the first consignment of free samples should be submitted to the local food testing authority. Following documents should be submitted within 3 months of making the payment of the first instalment of Exclusivity Fee: Copy of the Food Testing Report Copies of all permissions, licenses and compliances obtained as per the Law of the Land of the intending Reseller. The cost of obtaining all licenses, permissions, food testing reports, etc shall be borne by the Reseller. The intending Reseller should indemnify the Company of all liabilities due to any omissions knowingly or unknowingly in terms of getting the food testing done, – – obtaining all Government permissions and licenses as applicable to commence commercial transactions related to edible cutlery. The Company will not hold Bakey’s any liability in this regard. Any loss to the Company in this regard has to be made good by the Reseller. An Indemnity Bond to this effect should be executed by the intending Reseller. A formal will be sent to the intending Agreement for being appointed as Reseller Reseller. This shall be signed and returned to the Company along with the balance amount of US$ 10,000, transferred directly to the Bank account of the Company. The payment voucher copy should be attached with this agreement. All submissions as above shall be completed within 3 months from the date of making the first payment of US$ 5,000. Delay in completion of the process would lead to cancellation of the ‘proposed’ appointment and the payment made will be reversed as described in clause 59.
Submissions and requirements for formal appointment of Reseller The intending Reseller should apply for and obtain all necessary licenses and permissions as required by the Law of the Land of the Reseller, prior to commencing the commercial sales of Bakey’s products. The intending Reseller should also get the product tested by local food testing authority, especially in terms of presence of any allergens that some members of local community has sensitivity to. For this purpose, part of the first consignment of free samples should be submitted to the local food testing authority. Following documents should be submitted within 3 months of making the payment of the first instalment of Exclusivity Fee: Copy of the Food Testing Report Copies of all permissions, licenses and compliances obtained as per the Law of the Land of the intending Reseller. The cost of obtaining all licenses, permissions, food testing reports, etc shall be borne by the Reseller. The intending Reseller should indemnify the Company of all liabilities due to any omissions – knowingly or unknowingly – in terms of getting the food testing done, obtaining all Government permissions and licenses as applicable to commence commercial transactions related to Bakey’s edible cutlery. The Company will not hold any liability in this regard. Any loss to the Company in this regard has to be made good by the Reseller. An Indemnity Bond to this effect should be executed by the intending Reseller. A formal Agreement for being appointed as Reseller will be sent to the intending Reseller. This shall be signed and returned to the Company along with the balance amount of US$ 10,000, transferred directly to the Bank account of the Company. The payment voucher copy should be attached with this agreement. All submissions as above shall be completed within 3 months from the date of making the first payment of US$ 5,000. Delay in completion of the process would lead to cancellation of the ‘proposed’ appointment and the payment made will be reversed as described in clause 59.
2368495_4_ibs808--bakeys-nz-final.docx