Exclusive Distributor Agreement

PartiesErchonia Corporation ("Erchonia"), InnerScope Hearing Technologies Inc ("Distributor")
StateFlorida
Renewal Term3 years
SectionCommercial Contracts
Exhibit 10.6
ATTACHMENT A
ERCHONIA CORPORATION
EXCLUSIVE DISTRIBUTOR AGREEMENT
This agreement (“Agreement”) is made by and between Erchonia Corporation. (“Erchonia”) whose address
is 650 Atlantis Rd., Melbourne, Florida, USA, 32904 and InnerScope Hearing Technologies Inc, (“Distributor”)
whose address is 2151 Professional Drive, Second Floor, Roseville, California, USA, 95661 hereafter referred to
collectively as the (“Parties”).
Recitals
A. Erchonia is engaged in, among other things, the business of developing and promoting low level lasers.
Erchonia desires to retain Distributor to promote, distribute and sell such equipment listed in Schedule A (the
“Products”).
B. Distributor is engaged in the business of, among other things, selling medical products and services,
specifically for the treatment of hearing disorders.
C. Distributor desires to obtain the exclusive right to distribute the Products pursuant to the terms set for in
this Agreement.
D. The parties agree that these recitals shall be considered a term of this Agreement.
NOW, THEREFORE, the parties agree:
1. Grant of License.
a. Subject to the terms set forth in this agreement, Erchonia grants Distributor the exclusive, non-
transferable right and license to promote, distribute and sell the Products identified in Exhibit A to
those type of customer specified in Exhibit B and only within the Territory specified in Exhibit B.
Distributor shall only distribute or sell the Products to customers who are licensed health care
professionals and meet the other requirements set forth in Exhibit B.
b. Erchonia retains the right, in its sole discretion, to add, delete, upgrade, or modify the Products from
time to time. Upon receipt of notice of such change, Distributor shall cease to market and distribute
earlier versions of the Products and/or Products deleted from Schedule A. Distributor will deliver, at
Erchonia’s expense, all recalled, discontinued or products otherwise rendered unmarketable (under
the terms of this paragraph) to Erchonia. Erchonia will fully reimburse Distributor for all costs related
to the cost of materials and products returned to Erchonia
2. Obligations of Distributor.
a. Distributor shall use its best efforts to market, promote and sell the Products to the authorized
customers in the Filed of Use and in the Territory during the term of this agreement.
b. Distributor agrees that during the term of this agreement it meet the minimum performance goals set
forth in Exhibit C to this agreement. Failure to meet these minimum performance goals for any
period, shall, at Erchonia’s option (i) be considered a breach of this agreement for which Erchonia
shall have all the rights and remedies provided for herein upon a breach of this agreement, including
termination of this agreement, or (ii) shall give Erchonia to terminate or limit the exclusivity provisions
of this agreement
c. Upon Erchonia’s reasonable request, Distributor shall consult with Erchonia regarding Distributor’s
marketing and promotion efforts in the Territory and Field of Use and shall cooperate with Erchonia’s
reasonable requests regarding Distributor’s marketing and promotional efforts.
d. Distributor shall maintain appropriate records concerning the sales of the Products. Such records
shall include at a minimum the name, address and telephone number of each customer, the date of
sale, a listing of the Products sold to each customer. Upon Erchonia’s request, Distributor shall
provide Erchonia with regular periodic reports including the information described in this paragraph.
All such information shall be available for inspection by Erchonia, upon reasonable notice.
Distributor shall also maintain such other records related to sales of the Products as Erchonia may
reasonably request.
e. Distributor shall pay for all products purchased in a timely manner.
Source: INNERSCOPE HEARING TECHNOLOGIES, INC., 8-K, 11/9/2018

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