Brosnan and company,
Sub- Letter of Agreement for acting as local distributor of your products
We are pleased to know that you have given us an opportunity as a local distributor of your branded garments in the local market. The agreement has been made between Brosnan & company and California Prime Distributor dated on 09/20/2011. The agreement will continue for the period of 24 months from the date of signing.
The task involve in the agreement which is to be done by us is that we will pick the products of your company from the warehouse of the company and we will be responsible for the distribution of the same in the state market. Every day we will have to achieve the turnover of $500.
For doing this task you will allow us to take the margin of 3% on your products. If we are able to distribute over the target turnover, then you will reward us with 10% on the extra turn over. You will allow us the credit period of 90 days which will be subject to 5 days grace period.
If you agree with these clauses of the agreement then counter sign the same letter and send it to us back for the confirmation of agreement from your side.
We are looking forward to an early association with your company for a mutually fruitful business relationship.
California Prime Distributor
California – 40128
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