Email Address:
  
  Password:
  
  

SALES & SERVICE WORKING AGREEMENT
 

TO:     ELIAS SHAKER & COMPANY     DATE:     JUNE 26, 2009

FROM:     THERABIOGEN, INC.     EFFECTIVE:     JULY 1, 2009

RE:     MEMORANDUM OF AGREEMENT

 

Therabiogen, Inc., 1365 N. Courtenay Parkway, Suite A, Merritt Island, FL 32953 , (hereinafter referred to as the "Company"), hereby confirms the appointment of Elias Shaker & Company, 766 W. Algonquin Road, Arlington Heights, IL 60005 (hereinafter referred to as the "Representative"), as their (Company's) sole and exclusive Sales & Marketing Representative on products now marketed and other products the Company may introduce from time to time for sale in the Representative's territory, class of trade, and/or accounts. This agreement is subject to the following conditions:

1.     

TERRITORY/CLASS OF TRADE AND/OR ACCOUNTS: See Exhibit A – Account List.

 

2.     

RETAINER AND COMMISSION: Company agrees to pay Representative a retainer fee of $1000 per month for a period of 6 months. A 3-month advance payment will be required prior to work being performed by the Representative. The retainer fee will be applied towards any future commissions earned, but in the event the agreement is terminated by the Company, and the commissions earned are less than the total retainer fee paid, the retainer will not be refunded to the Company.

 

The Commission rate will be 10% and any variances must have prior agreement from both parties.The retainer and commission will cover all costs associated with “What the Representative Will Do” as outlined in Point 7 of this agreement.

          Company will pay all commissions monthly on all net invoiced sales ("net invoiced sales" are defined as gross shipments less any standard promotional allowances and standard returns following the month shipments are invoiced). A check, along with a statement showing the i


This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more