Common use of COMMODITY PRICE Clause in Contracts

COMMODITY PRICE. 1. Except as otherwise specified herein, the general wholesale price at which the seller supplies goods to the buyer is 40% of the selling prices of the seller’s products (except for corporate literature, product literature, audiovisual products and publicity materials). 2. As the tier-1 distributor of the seller, the buyer may develop tier-2 and tier-3 distributors within its area of responsibility, provided that the buyer shall sell commodities to the customers at the retail price specified by the seller and may not increase or decrease the prices.

Appears in 3 contracts

Sources: Sales Contract (Baikang Biological Group Holdings LTD), Sales Contract (Baikang Biological Group Holdings LTD), Sales Contract (Baikang Biological Group Holdings LTD)