THIS PROFIT SHARING AGREEMENT (hereinafter referred to as the "Agreement"), is made as of
___________________, by and between Empire (hereinafter referred to as the "Planner"), of Booy, Tagbilaran City, Bohol and Gentle Maniacs (hereafter referred to as the "Seller"), of Lindaville Subdivision Phase I, Tagbilaran City, Bohol.
WHEREAS, Seller desires to sell shirts at the event hosted by the Planner; and, subject to the terms and conditions hereof, Planner permits the sale of goods at the event in return for a commission.
NOW, THEREFORE, in consideration of the promises and other good and valuable consideration set forth, the parties agree as follows:
1. SELLING RIGHTS
a. The Planner grants the Seller an exclusive right to sell shirts at the Event and the former has no authority in determining the quality, quantity and sale price of the shirts.
b. The Seller at its own cost and expense agrees to keep and display the shirts in the area designated by the Planner.
c. The Planner is not liable for any loss of or damages to the goods of the Seller unless it is caused by employees or representatives of the Planner.
2. THE EVENT
The Seller shall sell shirts at the event on October 10, 2014 at the Event location:
Venue: BOHOL CULTURAL CENTER Address: Carlos P. Garcia Avenue, Tagbilaran City, Bohol Time Frame: 7PM - 2AM
3. PROCEEDS OF SALES
The Planner is entitled to a share of Fifty Pesos (50.00 php) for every shirt sold during the event. After the Event, the Seller will submit a written report that set forth the calculation of the amount of the share of the total number shirts sold. Payment of the share shall be given to the Planner at the end of the Event.
4. RECORDS
Seller shall keep accurate records regarding the quantities of the shirts that are sold. Planner shall have the right to inspect such records from time to time during the Event.
4. INDEMNIFICATION
Planner and Seller agree to indemnify and hold one another harmless for any and all liability and damages during (including, without limitation, reasonable attorney's fees) the other party hereto may suffer as a result of any and all claims, damages, costs or judgements for personal injury, property losses or property damages incurred or suffered by or threatened against the other party in connection with any claim brought by or on behalf of any third party, person, firm or corporation (including either Planner's employees or Seller's employees) as a result of or in connection with the Event or the Services rendered herein, when such claim results from the breach or alleged breach of the indemnifying party's warranties, representations or agreements herein or the negligence of such party.
5. MISCELLANEOUS
a. In the event that any provision or part of this Agreement shall be deemed void or invalid by a court of competent jurisdiction, the remaining provisions or parts shall be and remain in full force and effect. b. This Agreement is not assignable or transferable by either party, in whole or in part, without the prior written consent of the non-assigning party. c. This Agreement constitutes the entire agreement between the parties hereto with respect to the specific subject matter hereof and supersedes all prior agreements or understandings of any kind with respect to the specific subject matter hereof. d. Any modification to this Agreement must be in writing and signed by the parties or it shall have no effect and shall be void.
IN WITNESS WHEREOF the parties have duly executed this Agreement this ______ day of _________, 20___:
PLANNER: SELLER:
EMPIRE GENTLE MANIACS
__________________________ __________________________ VANESSA A. UY ARNOLD TORRALBA (Authorized Representative) (Authorized Representative)
WBW Deed - Compare Version (3).pdf
WBWC Settlement Deed Allan Family
Wide Bay Water Lenthalls Dam Gate Failures
Peter Care CEO
Fraser Coast Regional Council
Hervey Bay Burrum River
Torbanlea Howard
Crest Gate Failure
Dam Failure
Tops Gates Failure