Business Service

Agreement of Public Products Authorized

Name of Party A: Fujian Zhengyu Cross-border E-commerce Co., Ltd

Name of Party B:

 

Party A and Party B have fully negotiated the basis and formulated the following provisions in accordance with the relevant laws and regulations such as the “Contract Law of the People’s Republic of China” for mutual compliance.

 

Article 1.  The Limits of Authorized Products

From “www.forudesigns.com” site (Referred to as “FORU platform”) public products designed by artists.
Article 2.  Fixed Term :

From   to  ;

Article 3.  Sales Area :

Including and not limited to promotions and sales online and offline by public products. Party B shall engage in marketing and sales activities area is limited to the foreign platform(Amazon Platform/eBay Platform /Prestashop e-commerce /** e-commerce /..) , and shall not engage in the other area;

 

Article 4. The Rights and Responsibilities of Both Parties ：

• Party B can share/use/sell all public products by the artist on the FORU platform;
• When the artist leaves or removes the public product from the FORU platform, Party A shall remind Party B within three working days and give a 30-day buffer period to facilitate Party B to remove and deal with the relevant products and orders. If Party B has not stopped selling public products after more than 30 days are regarded as “Copyright products”, Party B shall compensate the artist for all losses, and all the consequences arising therefrom;
• Party B shall not smear/modify/intercept the public products by the artists, otherwise, it shall be regarded as “Copyrightproducts”. Party B shall compensate the artist for all losses, including direct losses and indirect losses, all the consequences arising therefrom ;

 

• Party B can business with the artist for long-term cooperation by the negotiation from FORU platform, but it cannot be traded privately. Otherwise, it is regarded as “Copyright products” and should compensate Party A for all losses, including direct and indirect losses ,all the consequences arising therefrom;
• Party B can buy out the artist’s design/artwork by the negotiation from the FORU platform, but it cannot be traded privately. Otherwise, it is regarded as “Copyright products” and should compensate Party A for all losses, including direct and indirect losses ,all the consequences arising therefrom;
• Party B has the rights for all the functions and services from the FORU platform, but cannot transfer /sell to others. Otherwise, it is regarded as “Violation Operation” and should compensate Party A for all losses, including direct and indirect losses, all the consequences arising therefrom;
• If Party B violates the above agreements, Party A has the right to terminate the provision of services to Party B without declaration, and has the right to file a claim with Party A, requesting Party B to pay a one-time penalty of USD 50,000.

 

Article 5. Modification, Cancellation, and Termination of the Agreement :

(1) If an unresistible event (such as a war, an earthquake, etc.) occurs during the performance of this agreement cannot be performed, it is not considered that either party has breached the contract and the parties are not responsible for each other.

(2) In the event of a dispute arising from the performance of this agreement, the two parties will negotiate in good faith and if negotiation unsuccessful any party has the right to ask the help in the people’s court of Party A place.

 

6. Other agreements:

This 2 License Agreement from Party A and Party B,shall each hold one copy and shall enter into force on the date of signature or seal of the last party, and shall have the same legal effect from on the date of signature or stamp signature .

(There is no text below, which is part of the signature)

 

Party A: Fujian Zhengyu Cross-border E-commerce Co., Ltd

Company Stamp:

 

Date:

 

Party B:

Company Stamp:

 

Date: