This is the Agent agreement between Global Trading Hub
and your Company. When you agree to appoint GTH as your Agent in the USA,
you agree to the terms and conditions of this Agreement. You will be asked
to electronically “Accept” and Submit this Agreement acknowledging
your total acceptance.
AGREEMENT TO REPRESENT AS UNITED STATES AGENT
This Agreement is entered into by and between Global Trading Hub, Inc. a US
Corporation, represented by Global Trading Hub, S.A., from now on (“Agent”),
and Company as identified below, from now on (“Company”). Agent
offers services to food companies pursuant to US FDA Bioterrorism Act regulations
21 CFR Part 1, Subpart H, (“Regulations”), requiring appointment
of a resident US Agent to comply with the Bioterrorism Act. Company wishes
to appoint the services of Agent for the purpose of maintaining compliance
with the Regulations. Therefore, in consideration of the mutual promises herein
contained, the parties agree as follows.
I.
DUTIES OF AGENT
III.
AGENT FEE
Company
shall pay Agent a fee to act as its US Agent, starting on the Effective Date
of Agreement. The fee, for one facility, is $395.00 US Dollars for the first
year and additional years. The fee is due and payable upon Electronic or Hard
Copy Acceptance of this Agreement. FDA requires each separate facility from
the same Entity to submit a separate registration. Facility is defined at 21
CFR § 1.227. If Company has more than one facility; the fee for each facility
after the first is $275.00 US Dollars for the first year and additional years.
Fees shall be paid in US currency. Agent will submit invoices for Agent services
at the beginning of the second and following years. Invoices are due and payable
upon receipt. Invoices not paid within 30 days of the date rendered will be
subject to interest charged at the rate of 1.5% percent per month.
IV. UN-NECESSARY REGISTRATIONS OF FACILITIES
During the
course of registration, if Agent determines that registration is not necessary
for any given facility under available FDA rules, Agent shall prepare a letter
to Company explaining that registration is not required, and setting forth the
basis for this determination under FDA Bioterrorism Act. Agent shall promptly
refund up to 50% of all fees paid for each facility, for the then-current year.
V. CONFIDENTIALITY
AND SECURITY
Agent fully
understands and adheres to strict confidentiality and security measures and
shall maintain Company’s information in a confidential and secure manner
consistent with Agent’s responsibilities to Company. Any and all confidential
or proprietary trade secrets, business contacts, product suppliers, clients,
agents and/or bank accounts, related identities and specific particulars, and
any information pertinent thereto, shall not be copied, duplicated, facsimile
transmitted, e-mailed, shown, quoted, or otherwise referenced or transmitted,
to any type of third party, except, when so specifically instructed by Company.
Information will only be provided to those persons or entities directly involved
with the FDA and only specific information requested concerning directly to
the Bioterrorism Act. Confidentiality and Security shall include but not be
limited to the information pertaining to the identities of all such companies,
partnerships, joint ventures, associations, trusts, financial institutions,
individual names, telephone numbers, facsimile numbers, telex numbers and e-mail,
postal box and street addresses that may come into position of Agent from Company.
VI. GENERAL
This Agreement
shall be construed and enforced in accordance with the laws of Florida. Company
acknowledges that the duties of Agent under this Agreement are limited to those
set forth in this Agreement and the Bioterrorism Act. Company shall defend,
indemnify and hold Agent harmless from any and all claims arising in connection
with the Company or any of its products. In the event of any dispute under this
Agreement, the prevailing party shall be entitled to recover reasonable attorneys
fees and costs directly related to the dispute.
Agent
is involved in the Food Sector as an Electronic Exchange and/or eMarket Place
providing services either directly or indirectly in the formulation, sourcing,
promotion, marketing, inspection, quality control, sale, trading, logistic,
transport and providing valuable Agricultural and Food information to GTH Members.
Under this Agreement, these services are not included. Agent can provide these
and other services to Company under separate agreement; go to www.gthub.com
for more information.
VII. NOTICES
Any notice
required or permitted under this Agreement may be sent by: first class mail
(postage prepaid and marked for delivery by certified or registered mail, return
receipt requested); overnight courier; fax; email; or by personal delivery.
Such notice shall be deemed delivered upon: personal delivery; by recognized
overnight courier; upon actual confirmation of receipt by email, post or any
other means. In each case, such notice shall be addressed to the parties as
set forth below.
VIII.
TERMINATION
Either party
upon 60 days prior written notice may terminate this Agreement without cause.
If the Company terminates this Agreement, it will not be entitled to a refund
of fees paid. If Agent terminates this Agreement, Agent will refund a prorated
portion of the Fees.
IX. EFFECTIVE DATE OF AGREEMENT
This Agreement
shall become effective on the date it is Electronically or Hard Copy Accepted,
submitted and confirmed by GTH (the “Effective Date”) and shall
continue in full force and effect until terminated by either party upon at least
60 days’ prior written notice.
X. ACCEPTANCE
By Electronically
Accepting below, Agent and Company confirm that they understand and agree to
the terms set forth in this Agreement. Company will receive an Accepted copy
by email.
XI. TOTAL
AGREEMENT
This Agreement
constitutes the total agreement between the parties and all prior discussions
are incorporated herein. This Agreement may be modified only in writing that
is duly accepted by both parties.