Exclusive Supply Agreement

This Agreement is made between Altech Global Trade Ltd T/A GadJet incorporated and registered in England and Wales with company number 08245031 whose registered office is Altech Industrial Estate, Engine Street, Oldbury, B69 4NL (Supplier) and

Retailer Name:

Retailer Company Registration Number:

Billing Email:

Retailer Registered Office Address

Effective Date:

1. PURPOSE

The Supplier supplies a range of mobile and travel accessories/gadgets such as chargers, adapters, charging cables, charging batteries, headphones, in-car or on the go support devices and other related home & travel connectivity and accessories (the “Products”).

The Retailer agrees to appoint the Supplier as its sole supplier of the Products for the duration of this Agreement, and the Supplier agrees to supply the Products to the Retailer on the terms set out herein.

2. TERM

This Agreement shall be effective for an initial term of 36 months from the Effective Date and will automatically renew unless terminated by either party with 90 days' written notice prior to expiry.

3. COMMERCIAL OFFER

Margin: 40% on all range.

Select one option: Rebate or Discount

Rebate: the Supplier shall provide a rebate summary within 30 days of year-end; the Retailer shall issue an invoice accordingly, payable by the Supplier within 30 days. Discount: the agreed discount shall be applied directly to all invoices issued throughout the duration of this Agreement.

Rebate Agreed (Net Purchase Value):

Discount Agreed (Net Purchase Value:

Number of site's agreed (Subject to change by mutual agreement as new sites are added or removed):

Other:

4. RETAILER OBLIGATIONS

1) To list, display, and maintain the agreed range of GadJet products across all participating retail sites in a prominent and agreed-upon location.

2) Ensure that all product displays are consistently stocked to their full holding capacity, maintaining the agreed range at all times to maximise availability and sales.

3) To place purchase orders that meet or exceed the agreed minimum order value of £100 (net), subject to change with reasonable prior notice from the Supplier.

4) To review and raise any discrepancies or disputes relating to invoices within five (5) calendar days of receipt of delivery. In the absence of such notice, invoices shall be deemed accepted in full.

5) To ensure that all product displays, pricing, and promotional materials supplied by the Supplier are kept current and in good condition.

5. SUPLIER OBLIGATIONS

1) To supply the Retailer with the agreed range of GadJet products and to fulfill all valid delivery note and invoice within a reasonable timeframe, typically within one (1) working day of receipt.

2) To act in good faith and maintain a collaborative and transparent working relationship with the Retailer at all times.

3) To provide the Retailer with both online and offline ordering mechanisms to facilitate efficient order processing.

4) To support the Retailer with up-to-date product information, merchandising guidance, and display materials as reasonably required.

6. TERMINATION

1) Either Party may terminate this Agreement by giving 30 (30) days’ written notice at the end of the Initial Term or any renewal term.

2) This Agreement may be terminated immediately by either Party in the event of:
A) A material breach not remedied within 14 days of written notice;
B) Insolvency, administration, liquidation, or cessation of business.

3) If the Retailer ends this Agreement during the Initial Term for a reason not listed in Clause 2, the Supplier does not have to pay any remaining rebates. Any discounts, rebates, or other financial benefits given must be paid back to the Supplier within 30 days of ending the Agreement.

7. EXECUTION

In witness whereof, the Parties have caused this Agreement to be executed by their duly authorised representatives as of the Effective Date.

SIGNATURES

Signed on behalf of Supplier:

Full Name: Annie Nguyen

Digital Signature: Annie Nguyen

Position: Commercial Director

Effective Date

Signed on behalf of Retailer:

Full Name:

Position:

Digital Signature (type your full name):

Effective Date