Common use of DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES Clause in Contracts

DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES. Distributor hereby -------------------------------------------- represents and warrants to the Company that: (i) Distributor is a business organization duly organized and in good standing in EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- REVISED DRAFT - November 4, 2002 Page 8 of 31 accordance with the laws of the Republic of the Xxxxxxxx Islands, recorded with the Register of Corporations, Republic of the Xxxxxxxx Islands_[Public Registry of Commerce] corresponding to its corporate domicile; (ii) Distributor has duly authorized the execution and performance of this Agreement; (iii) this Agreement is lawful and may be performed in accordance with its terms under all the laws in force in United States of America as of the date hereof; (iv) Distributor will advise the Company of any changes in the Republic of the Xxxxxxxx Islands and Distributor's territories laws which might or will impair the validity of all or any part of this Agreement; and (v) Distributor is a business organization and shall have the required personnel duly trained to market and sell products similar to the Products, transportation to distribute such Products, warehouses to store them and a computer system which allows a detailed control of stocks and sales.

DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES. Distributor hereby -------------------------------------------- represents and warrants to the Company that: (i) Distributor is a business organization duly organized and in good standing in EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- REVISED DRAFT - November 4, 2002 Page 8 of 31 accordance with the laws of the Republic of the Xxxxxxxx IslandsOf The United States, recorded with the Register of Corporations, Republic of the Xxxxxxxx Islands_[Public [Public Registry of Commerce] corresponding to its corporate domicile; (ii) Distributor has duly authorized the execution and performance of this Agreement; (iii) this Agreement is lawful and may be performed in accordance with its terms under all the laws in force in the United States of America as of the date hereof; (iv) EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- REVISED DRAFT - November 4, 2002 Page 8 of 31 Distributor will advise the Company of any changes in the Republic of the Xxxxxxxx Islands and DistributortDistributor's territories laws which might or will impair the validity of all or any part of this Agreement; and (v) Distributor is a business organization and shall have the required personnel duly trained to market and sell products similar to the Products, transportation to distribute such Products, warehouses to store them and a computer system which allows a detailed control of stocks and sales.

DISTRIBUTOR'S REPRESENTATIONS AND WARRANTIES. Distributor hereby -------------------------------------------- represents and warrants to the Company that: (i) Distributor is a business organization duly organized and in good standing in EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- REVISED DRAFT - November 4, 2002 Page 8 of 31 accordance with the laws of the Republic of the Xxxxxxxx Islands, recorded with the Register of Corporations, Republic of the Xxxxxxxx Islands_[Public Registry of Commerce] corresponding to its corporate domicileThe United States; (ii) Distributor has ----------------- duly authorized the execution and performance of this Agreement; (iii) this Agreement is lawful and may be performed in accordance with its terms under all the laws in force in The United States of America as ----------------- of the date hereof; (iv) Distributor will advise the Company of any changes in the Republic of the Xxxxxxxx Islands and Distributor's territories laws which might or will impair the validity of all --- or any part of this Agreement; and (v) Distributor is a business organization and shall have with the required personnel duly trained to market and sell products similar to the Products, and has the capacity to obtain through third parties transportation to distribute such Products, warehouses to store them and a computer system which allows a detailed control of stocks and sales.