This Agreement is signed between:
1. ZEPHYR PHARMATEC (PVT) LTD., a limited liability company, having its registered office at A-39, S.I.T.E II SUPPERHIGHWAY, Karachi, Pakistan, and duly represented by Mr. Niaz Ahmed in their capacity of Directors & Mr. Noman Ahmed as Export Consultant (hereinafter referred as “the Company”).
2. THE POWER OF GOD INTERNATIONAL ENTERPRISES, a ______________, having its registered office at B7L2 Cabatuhan Road, Thomas Villa.7 Deparo, 1420, Caloocan City, Philippines (herein after referred as “the Distributor”)
The Company and the Distributor are hereinafter sometimes referred to individually as a “Party” and collectively as the “Parties”.
WHEREAS
The Company is a duly registered Pharmaceutical manufacturing concern in Pakistan and manufacturers various pharmaceutical items in Pakistan and sells them in Pakistan and abroad, and now wishes to appoint the Distributor as its local distributor in the territory of Philippines for the registration, promotion, purchase and sales of products (subject to the provisions of clause ___) as listed in Schedule A. -----------not necessary
AGREED TERMS
1. Interpretation
1. In this Agreement including the recitals, the following words shall have the following meanings:
1. “Commencement Date” means the __________ unless earlier date agreed;
2. “Confidential Information” means information of a confidential nature (including trade secrets and information of commercial value) known to the Company and concerning the Company and the Products and communicated to the Distributor by the Company;
3. “Intellectual Property” means any patent, copyright, registered design, unregistered design right, trade mark, or other industrial or intellectual property owned or used by the Principal subsisting in the Territory in respect of the Products together with any current applications for