IDEALSTRETCH
DISTRIBUTOR & WHOLESALE AGREEMENT:
This Agreement by and between TS Ideal Products, LLC (DBA IdealStretch) (“IDS”) and ______(“Distributor”), with an Effective Date of ______outlines the business arrangement to provide IDS products to Distributor. Distributor agrees that it shall comply with the following provisions, and in exchange will have a non-exclusive ability to purchase IDS products at favorable rates detailed below.
Section 1. Products
IDS agrees to provide the product known as the ‘IdealStretch’.
Section 2. Product Pricing
IDS can offer the following volume based product pricing for the IdealStretch (12/Box):
IdealStretch Units / Pricing12-60 Units / $28.95
61-240 Units / $26.95
241-480 Units / $24.95
481+ Units / $22.95
Order quantities of less than 12 can be purchased at www.idealstretch.com. We do not currently offer a discount for these smaller quantities.
Section 3. Minimum Advertised Price (MAP) Policies
We have establishedMAPpolicies and guidelines in order to support our distributors and the product’s brand integrity and value.
IDS appreciates your business, but does require that the following MAP(Minimum Advertised Price) and MSRP (Manufacturer's Suggested Retail Price)policies must be adhered to:
· Distributor must advertise our products at or above Minimum Advertised Pricing (MAP) of $46.95 plus shipping to retain your distributor privileges although what you actually sell at in a retail, non-advertised setting, is your own decision. Advertising discounted prices will de-value the product, and cannot be allowed.
· Distributor is allowed to establish their own shipping policies.
· Distributors may not resell the IdealStretch on Amazon or Ebay.
Section 4. Payment
Paymenton orders is upfrontvia any of below options:
4.1 Payment via ACH transaction or Wire Transfer
Distributors may elect to pay by ACH transaction direct deposit or wire transfer. If Distributor elects to pay by a wire transfer, all wire transfer fees incurred by IDS (usually $15.00-$18.00) will be the responsibility of the Distributor and will be added to the purchase price.
IDS banking details will be included in an addendum to this agreement.
4.2 Payment via PayPal
Distributor may pay by Pay Pal, but will be responsible for any and all PayPalcharges or transaction fees. These fees are not factored into youralreadydiscountedDistributor price.
4.3 Payment via Check
Distributor may elect to pay by check in advance of shipment. Shipment will be made when the check initially clears. A returned check fee of $50 will be assessed for any checks cashed with non-sufficient funds.
Checks can be made out to TS Ideal Products, LLC and mailed to:
TS Ideal Products, LLC, 6020 Park Lane South #68, Park City, UT 80098.
Section 5. Shipping
Shipping can be from our preferred UPS account or Distributor’s shipping account. Shipping will be at actual cost and determined at the time of order.
There is an additional Handling and Processing fee added to the purchase price as such:
· Orders between 60-240 units, will have a $25.00 additional HandlingandProcessingfee
· Orders of 241 units or more, will have a $45.00 additional Handling and Processing fee
Section 6. Replacement Adjustable Straps
Please note that for Distributors of IdealStretch, any replacement adjustable strap issues will have to be dealt with you the Distributor directly. Replacement straps are available for purchase at $2.50 each plus shipping.
Section 7. Instruction Cards
The IdealStretch’s are sold and shipped out with Instruction Cards. These Instruction Cards need to be included on any orders sold by Distributor.
Section 8. Cancellation or Amendment of this Agreement
IDS reserves the right to amend or cancel this Agreement at any time with a two-week notice period to the parties listed below. Should the MAP Policy be breached, cancellation will be immediate and no notice period will apply.
______
The parties hereto have caused this Agreement to be executed by their respective duly authorized officers or agents as of the Effective Date.
Distributor Business Name:______
Contact Name:______
Title: ______
Shipping Street Address:______
Shipping City, State & Zip:______
UPS Account (if IDS is to ship out on your UPS #)______
Billing Street Address:______
Billing City, State & Zip:______
Business Tel No: ______
Cell Phone No: ______
Signature ______
Typed/Written Name of Signee: ______
Date: ______
TS Ideal Products, LLC:
Signature ______
Typed Name ______
Title ______
Date ______
WIRE TRANSFER ADDENDUM
WIRE TRANSFERS
Account Name:
BankName:Chase Bank
Account #:
Routing #:
ChaseBankaddress:
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