EXCLUSIVE AGREEMENT FOR DISTRIBUTORSHIP
BETWEEN
N. HAVEN GROUP INTERNATIONAL CO. LTD.
AND THE COMPANY
DATED NOVEMBER 17, 1995
(THAILAND)
Friday, November 17, 1995
Mr. Pongsak Pongtaveevirat
Xx. Xxxxx Kovitlavakul
Mr. Chaiyakorn Pleomcharoenkit EXCLUSIVE AGREEMENT
N. Haven Group International Co. Ltd. FOR DISTRIBUTORSHIP IN
00/0 Xxxxxxxxxx Xxxx IN THAILAND DATED
Bangplad NOVEMBER 17, 1995
Xxxxxxx 00000, Xxxxxxxx
Dear Sirs:
This Agreement is made between N. Haven Group International Co. Ltd. and TF
Purifiner, Inc. It is agreed that TF Purifiner, Inc. U.S.A. will only appoint
the above company as its exclusive Distributor of the Purifiner Products for
Thailand for a period of one year. Upon return to Thailand, N. Haven Group
International Co. Ltd. will register the name "TF Purifiner (Thailand) Company,
Limited". In October of 1996, N. Haven Group International Co. Ltd. will submit
a marketing plan for the markets it wishes to cover with minimum quantities for
each of the markets.
The following are the markets:
1) Marine
2) Industrial - Hydraulic - Fork Lifts - Cranes, etc.
3) Construction Equipment
4) Trucks
5) Buses
6) Automobiles
The above will exclude Military and Original Equipment Manufacturers (OEM's)
such as engine companies, trucking, buses, automobiles, etc. that is made in
Thailand. If OEM are obtained and serviced by distributor than TF Purifiner,
Inc. will pay a reasonable commission to the Distributor. In addition, TF
Purifiner, Inc. cannot control any manufacturer that has TF Purifiner units
installed outside of Thailand and exported to Thailand.
For the above, the Distributor will purchase (on November 17, 1995) twenty-five
thousand dollars U.S. of TF Purifiner products with payment made by check to TF
Purifiner upon placing of order which will be for the first six months of the
contract. On May 17, 1996 and August 17, 1996, an additional purchase of not
less than $25,000 and $30,000, respectively, will be ordered and paid for via
wire transfer.
This agreement will become null and void should money for each shipment not be
wire transferred into the account of TF Purifiner, Inc. by the following dates:
November 17, 1995, May 17, 1996 and August 17, 1996. Banking information for
wire transfer is as follows: [ ]
If, within three months of the date of this letter, the above company does not
wish to proceed. TF Purifiner will refund the sum of approximately eleven
thousand dollars ($11,000.00 USD). This amount of $11,000.00 is the difference
between $25'000.00 and the amount of the order given on November 17, 1995.
Distributor shall notify TF Purifiner Inc. via facsimile should they wish to
discontinue this agreement. Upon discontinuance of this agreement, the name of
TF Purifiner (Thailand) Company Limited will be assigned to TF Purifiner, Inc.
(USA) or its designee.
Should any dispute arise as to contents of contract, it shall be construed by
Florida Law USA. The dispute shall be by arbitration by the American Arbitration
Board of not less than three arbitrators. The decision will be final and all
legal costs will be paid by the loser of said arbitration.
Accepted and Agreed by:
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Xxxxxxx X. Xxxx, President Mr. Pongsak Pongtaveevirat for
TF Purifiner, Inc. N. Haven Group International
Co. Ltd.
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Date Date
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Xx. Xxxxx Kovitlavakul for Mr. Chaiyakorn Pleomcharoenkit
N. Haven Group International for N. Haven Group International
Co. Ltd. Co. Ltd.
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Date Date
