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This Agreement is entered into as of today (the “Effective Date”) by and between your company (or yourself) (“The Channel”), and TOPV (HONGKONG) INDUSTRIAL LIMITED, a Hongkong corporation (“TOPV”).

 

RECITALS

 

A.                The Channel owns and operates a local sales channel currently located at Mauritius that allows users to view, buy or pick-up goods, and other sales & promotion activities. The Channel may be a company, a shop, or even a natural person.

 

B.                 TOPV owns and operates a World Wide Web e-Commerce site currently located at MU.TOPVMALL.COM that provides O2O (online to offline) e-Commerce services for Mauritius citizens. TOPV have a 10-grade channel system and will give The Channel an initial grade according to his local sales resource. And at the end of each period, normally 1 year, TOPV may adjust The Channel's grade according to the cooperation achievement.

 

C.                 The Channel and TOPV desire to work cooperatively to market the O2O e-Commerce Services to users, and both agree to follow MU.TOPVMALL.COM rules. The Channel will agree to use the agent sub-system of TOPVMALL system as their working platform.

 

 

AGREEMENT

 

1.    Marketing Activities

 

1.1    Development of Marketing Channel.  The Channel shall agree to promote and market TOPV’s e-Commerce goods and services to its customers through its local sales resource. These marketing efforts shall be composed of but not limited to the use of marketing information provided by TOPV. The Channel can help customers to open account at MU.TOPVMALL.COM. Or, customers can open account online by themselves. The Channel may develop the subordinate channels and share commission with them.

1.2    Operation Account. To do the sales activities, The Channel will open an operation account in the system and deposit inside to keep positive balance. When The Channel collect payments from customers, the system will reduce the corresponding balance from its operation account. When the cooperation is end, The Channel can refund cash with the account balance from TOPV and The Channel will bear the bank transfer fee if there is.

1.3    Customer Account Recharge. The Channel can recharge customers accounts directly in their agent sub-system. Also, The Channel can sell activated electronic gift cards to customers, and let them recharge online by themselves. Customers' account balance, which calls "TOPVPAY account" in the system, can't be refunded to cash.

1.4    Goods Sales. Customers can buy goods online with their account balance. And also, The Channel can help customers to buy with their agent sub-system.

1.5    Deal Tracking. The Channel can view all the records of marketing activities in their agent sub-system. And TOPV will provide customers & products statistic and analysis report to The Channel termly.

 

2.    Commissions

2.1    Real-time Commission: There are three ways for The Channel to get real-time commission via operation in the agent sub-system: selling the goods of MU.TOPVMALL.COM in the agent sub-system, recharge customers account, and activate electronic gift card. Different grade channel will have different commission rate. If The Channel have subordinate channels, The Channel can also get real-time commission when its subordinate channels do the 3 operations above. All the commission will be deposited to The Channel's operation account in real-time.

2.2        Other Commission. At the end of a period, TOPV may return extra commissions to The Channel according to the achievement in the period.

2.3        Documentation: TOPV will send the detail commission rate to The Channel by email. And the rate maybe changed in a new period that TOPV will notice by email in advance.

 

3.    Term and Termination

3.1    Term.  This Agreement shall take effect on the Effective Date and shall continue in full force for a period of twelve (12) months (“Initial Term”).  At the end of the Initial Term and each subsequent renewal term, this Agreement will automatically renew for succeeding 12-month periods unless either party notifies the other at least thirty (30) days prior to the end of the Initial Term or renewal term that it does not intend to renew.

3.2    Termination Upon Material Breach.  Either party may terminate this Agreement on written notice if the other party materially breaches any terms or condition of this Agreement and fails to cure such breach within thirty (30) days after the date of written notice to cure.

3.3    Termination for Convenience.  Each party may terminate this Agreement at any time upon thirty (30) days written notice to the other part.

4.         Confidentiality.  Each party agrees to keep the other party’s Confidential Information and not to disclose or use such information for any purposes other than in accordance with this Agreement.  “Confidential Information” means any information marked as confidential or which the recipient should have reason to know is treated as confidential by the disclosing party. Notwithstanding the foregoing, any party hereto may disclose to any other party any information.

 



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