8/14/2019 Stt0607 Sts128 Rm Medical
1/3
New Cust #________
Add-On Terr #________
800 Hingham Street, Rockland, MA 02370 Phone: 781-982-9950 Fax:
781-982-9008
`AGENT/SALES REP CONSIGNMENT AGREEMEN
This supply agreement (referred to as AGREEMENT) is between
PARADIGM BioDevices, Inc. (referred to as
PARADIGM) and AGENT/SALES REP RM MEDICAL, LLC, located at 11912
Kanis Road, Suite F8
Little Rock, AR 72211 (referred to as REPRESENTATIVE).
PARADIGM is a supplier of the STALIF TT VBR(referred to as
PRODUCT) and REPRESENTATIVE has the
equipment to inventory and be responsible for a Salable
Inventory of PRODUCT, both parties wish to enter into theAGREEMENT
effective 8/5/2008
Both parties to the AGREEMENT acknowledge the following:
1. that the PRODUCT shown below will be provided by PARADIGM on
consignment for use by the REPRESENTATIVEon an as required basis.
This inventory must be maintained, controlled and properly stored
by the
REPRESENTATIVE. Upon receipt of PRODUCT, REPRESENTATIVE shall
sign a Consignment Packing List which
shall document the exact inventory received by REPRESENTATIVE in
conjunction with this AGREEMENT. A copy o
the Consignment Packing List shall be affixed to this AGREEMENT
immediately upon execution.
2. that the PRODUCT is and shall remain the property of PARADIGM
until such time as REPRESENTATIVE issues aproperly executed
Delivered Order Form showing the transfer of PRODUCT to an
authorized purchaser of PRODUCT,
or when REPRESENTATIVE returns the PRODUCT to PARADIGM.
3.
that the REPRESENTATIVE may sell consignment PRODUCT provided
that replacement inventory is promptlyordered from Customer Service
and that the sale is properly documented as described in paragraph
2.
4. that under no circumstances are consignees to transfer
consignment product amongst themselves or other institutions.5.
that the REPRESENTATIVE shall be responsible for properly recording
catalog and lot numbers of products sold to the
purchaser on a Delivered Order Form.
6. that PARADIGM reserves the right to terminate this AGREEMENT
at any time. In the event of termination, a physicalinventory of
the consignment product maintained by the REPRESENTATIVE shall be
performed on site and reconciled
against the original Consignment Packing List. Any product that
is not accounted for, missing, stolen, damaged,
removed from the original packaging, or otherwise not useable
condition shall immediately become the responsibility o
the REPRESENTATIVE and the REPRESENTATIVE will be financially
responsible for useable PRODUCT not
returned.
7. that any product returns associated with the AGREEMENT shall
be approved in advance by PARADIGM by contactingCustomer
Operations.
8. that product maintained by REPRESENTATIVE will be inventoried
and reconciled to original delivered quantities atleast once
monthly, and formally on a semi-annual basis. Any lost or damaged
product will be immediately reported to
PARADIGM.
9. that a minimum of twelve (12) cases in a three (3) month
period must be completed in order to maintain AGREEMENTFailure to
meet this requirement will result in the immediate termination of
AGREEMENT and the PRODUCT must be
returned immediately to PARADIGM. Any product that is not
accounted for, missing, stolen, damaged, removed from
the original packaging, or otherwise not useable condition shall
immediately become the responsibility of the
REPRESENTATIVE and the REPRESENTATIVE will be financially
responsible for useable PRODUCT not returned.
The primary contact regarding this AGREEMENT for the
REPRESENTATIVE is: ____________________________
Phone Number:________________________
STALIF Inventory listing for Instrument set numberSTT0607and
Implant SetSTS128 that will beConsigned to the REPRESENTATIVE is
attached hereto.
AGREED TO AND ACCEPTED
PARADIGM REPRESENTATIVE FINAL APPROVAL
TITLE TITLE TITLE
Exclusive USA Distributor for:STALIF
TT VBR
