Distributor Agreement
Date | 12 January 2024 |
Expiration Date | 31 December 2006 |
Parties | PPG Paints Trading (Shanghai) Co Ltd ("PPG Shanghai"), NeoMedia Micro Paint Repair ("DISTRIBUTOR") |
State | People's Republic of China |
Renewal Term | 30 days |
Section | Commercial Contracts |
Exhibit16.1
AUTOMOTIVEREFINISH
DISTRIBUTORAGREEMENT
(P.R.China)
THISAGREEMENT,madeasofthe1stdayofDecember,(the"EffectiveDate")by
andbetween:
PPGPaintsTrading(Shanghai)CoLtdhereinafterreferredtoas("PPGShanghai")
Address:Suite2512,5thFloor
No.2XinKangBuilding,28JiaFengRoad
WaiGaoQiaoFreeTradeZone
Shanghai,P.R.China
Tel.:(86-21)62913500
Fax:(86-21)62912100
Businessliscenceno.:0537762
Legalrepresentative:ViktorasR.Sekmakas
and
NeoMediaMicroPaintRepairhereinafterreferredtoas("DISTRIBUTOR")
Address:2201SecondStreet,Suite600
Ft.Myers,Florida,33901
Tel.:239-337-3434
Fax:239-337-3668
Businesslicenceno.:2648151
Legalrepresentative:CharlesT.Jensen
WITNESSETH:
WHEREAS:
A.PPGSHANGHAIdesiresDISTRIBUTORtomarketandsellPPG's"Deltron"and
"ACS"brandproducts,ashereinafterdefinedinSection2(the
"Products"),totherepairchainshopsinP.R.Chinaaslistedon
Appendix4(the"Territory");
B.DISTRIBUTORhasthemeanstomarketProductsintheTerritory.Assoon
asDistributor'sChinasubsidary,NeoMeidaMicroPaintRepairChina,a
WholleyForeignOwnedEnterprise("WFOE")registeredundertheChinese
lawsandregulations,willbeestablished,thistitleofDistributor
willbeautomaticallyswitchedtotheWFOE.
C.PPGSHANGHAIdesirestoappointDISTRIBUTORasaPPGSHANGHAI
distributorintheTerritoryandDISTRIBUTORdesirestobesuch
distributor;and
D.Accordingly,PPGSHANGHAIandDISTRIBUTORhavereachedanagreementas
hereinaftersetforth.
Inconsiderationofthemutualcovenantsandagreementshereincontained,the
partieshereto,intendingtobelegallyboundhereby,covenantandagreeas
follows:
1.APPOINTMENT
1.1PPGSHANGHAIdoesherebyappointDISTRIBUTORtodistributeinthe
TerritorytheProducts(asdefinedinparagraph2,below)uponthe
termsandconditionshereinaftersetforth.DISTRIBUTORdoeshereby
acceptsuchappointment.
1.2ItisagreedthatsuchappointmentisnonexclusiveandPPGSHANGHAI
may,withoutobligationtopayDISTRIBUTORanycommissionorother
compensation,makedirectsalesofProductstoothercustomersinthe
Territoryand/orappointadditionaldistributorsofProductsinthe
Territory.DuringthetermofthisAgreement,DISTRIBUTORshallhave
theexclusiverightforsellingtheProductstoBeijingSino-USJinche
YingangAutoTechnologicalServicesLimited(the"AutoCenter").PPG
Shanghaioranyofitsdirectorindirectaffiliatesshallnotsellany
ofitsproductsdirectlytotheAutoCenterortoanyoftheAuto
Center'saffiliatesinChinaorthroughouttheworld,unlessPPG
ShanghaiobtainsDistributor'swrittenapproval.Itisunderstoodand
agreedthatasusedhereintheterm"PPG"shallmeanPPGIndustries
Inc.and/oroneormoreaffiliatedcompaniesofPPGIndustriesInc.as
thecontextmayrequire.
1.3NotwithstandinganythingtothecontraryinthisSection1,PPG
SHANGHAImayalsosellProductstoanypersonorentitylocatedoutside
theTerritorywithoutbeingobligatedtoconsiderwhethersuchProducts
mayberesoldintheTerritory.DISTRIBUTORshallnotbeentitledto
anycommissionorothercompensationinsuchevent.
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