This Agreement effective as of __________________ (“Effective Date”) in entered into by and between Minutemade Ventures LLC (hereinafter referred to as “Company”) and James Gray (hereinafter referred to as “Vendor”). Individually referred to as ‘Party’ and collectively referred to as ‘Parties’. The Parties intend to be legally bound as follows:
The Company appoints James Gray to receive capital and initial orders of items at his residential address: 403 b Ave La Grande OR 97850. The items received at his address will be for sale. The Company retains the ownership in the items until they are sold.
- RIGHTS AND OBLIGATIONS
- Provide items for sale at James Gray’s address.
- Replace damaged items.
- Provide any technical support required by Gray.
- Provide a price list for the items to be sold by James Gray.
- List the received items on third-party platforms for profit.
- Maintain the quality of items before sale.
- Ship all bought items and fulfill all orders to purchasers from the third-party. platforms.
- Maintain a proper record of all orders.
The term of the Agreement will commence on __________________ and continue effectively until termination. This Agreement may be terminated by poor performance, non-performance and non-payment.
In consideration of the services provided by James, he will be compensated 35% of all profits gained from the sale of items. The payment will be made through Paypal.
As used herein, the term “Proprietary Information” means any information, technical data, or know-how (including, but not limited to, information relating to items, software, services , development , inventions, processes, techniques, customers, pricing, internal procedures, business and marketing plans or strategies, finances employees and business opportunities) disclosed by One party (the “Disclosing Party”) to the other (the “Recipient Party”) either directly or indirectly in any form whatsoever, including but not limited to, in writing, in machine readable or other tangible form, orally or visually. Unless otherwise expressly authorized by the Disclosing Party, the Recipient party agrees that it and any of its personnel receiving proprietary and confidential information under this Agreement shall treat such Proprietary Information in strict confidence with the same degree of care applied to its own Proprietary information of like importance, which it does not wish to disclose, publish, or disseminate to third parties.
Each Party shall indemnify, hold harmless and defend the other Party and its officers, directors, agents, employees, and affiliates, from and against any and all claims, demands, actions, costs, expenses, liabilities, judgments, causes of action, proceedings, suits, losses or damages of any nature, which are threatened or brought against, or are suffered or incurred by, the Indemnified Party relating to this Agreement including without limitation: any negligent or tortious conduct, any breach of any of the representations, warranties, covenants or conditions of the Indemnifying Party contained in the Agreement, any violation of applicable laws or regulations, infringement or violation of any patent, copyright, trade secret, or other proprietary interest of any third party, and any breach of any express or implied warranties of merchantability and fitness for a particular purpose.
- FORCE MAJEURE
Neither Party shall be held liable for any failure to perform that is due to any cause or circumstance beyond the reasonable control of such Party, including without limitation a demand for such items which exceeds Vendor’s ability to ship them, earthquakes, fire, accidents, floods, storms, other Acts of God, riots, wars, rebellions, strikes, lockouts or other labor disturbance, national or international emergencies, failure to secure materials or equipment from usual sources of supply, failure of carriers to furnish transportation, government rules, regulations, acts, orders, restrictions or requirements or any other cause or circumstance beyond the reasonable control of such Party. No such inability to deliver or delay in delivery shall invalidate the remainder of this Agreement.
- DISPUTE RESOLUTION
Any disputes arising between the Parties regarding the subject matter of this Agreement will be solved through litigation in the district courts of New Jersey.
- GOVERNING LAW
This Agreement is a contract under the laws of the State of New Jersey and for all purposes shall be governed by and construed in accordance with the substantive laws of the State of New Jersey without regard to its principles of conflicts of law provisions.
- ENTIRE AGREEMENT
This Agreement contains the entire agreement of the Parties with respect to the transactions contemplated hereby and supersedes all prior written and oral agreements, and all contemporaneous oral agreements, relating to such transactions.
IN WITNESS WHEREOF, the Parties execute this Agreement as follows:
Representative Name: ___________________________
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