Document:

ex10-2.htm

Exhibit 10.2

 

SUPPLY AND TOLL AGREEMENT

 

THIS SUPPLY AND TOLL AGREEMENT made this 28th day of April, 2010 (the "Commencement Date")

BETWEEN:

 

CANTERBURY COFFEE CORPORATION, a corporation incorporated under the laws of British Columbia, having its principal office at 13840 Mayfield Place, Richmond, British Columbia, V6V2E4

("Canterbury")

AND:

 

JAMMIN JAVA CORP. a company incorporated in the state of Nevada, having its principal office located at 357 South Fairfax, Suite 321, Los Angeles, California 90036, USA

("Jammin Java")

 

WHEREAS, Jammin Java desires that Canterbury produce for Jammin Java the products ("Products") set forth in Schedule A; and

 

WHEREAS the parties have agreed to the implementation of a Direct and a Broad Distribution Arrangement, (collectively referred to as "Distribution Arrangements") as defined below;

 

NOW, THEREFORE, in consideration of the mutual premises and promises contained herein and with the intent to be legally bound hereby, the parties hereto agree as follows:

 

1   DEFINITIONS

 

	
"Direct Distribution Arrangement" shall refer to such arrangement whereby Canterbury shall produce the Products according to the terms and conditions as contained herein, shall ship such orders to the location as specified by Jammin Java, and shall invoice Jammin Java for the shipped goods at the prices as shown in Schedule A, applicable freight, customs, duties and any other fees. Jammin Java shall be responsible for all warehouse, distribution and administrative costs associated with such orders.

 

	
"Broad Distribution Arrangement" shall refer to such arrangement whereby all Products produced in accordance with the terms and conditions herein shall be held in inventory by Canterbury and Canterbury shall have responsibility for all warehousing, distribution within Canada and administrative costs, including management of Accounts Receivable. All freight risk of loss on Product shall be borne by Canterbury under this arrangement.

 

  

  

  

2   TERM

 

The term of the Agreement ("Term") shall commence on the date of execution of this Agreement. The Agreement shall continue for a term of one (1) year unless terminated by either party on sixty (60) days written notice.

 

3   SPECIFICATIONS

 

	
2.1 

	
Canterbury shall perform such services as may be required to produce and package the Products detailed in Schedule A in accordance with Canterbury's product specifications in adherence to applicable laws and regulations and in conformance with Good Manufacturing Practices prevailing in the industry.

 

	
2.2  

	
Except as otherwise provided, Canterbury shall have full responsibility for the procurement and payment of all new materials, ingredients, generic packaging bags, continuous roll stock film and corrugated packaging and other supplies necessary to produce the Products unless and until such time as Jammin Java notify Canterbury in writing that they wish to develop and supply to Canterbury private label coffee packaging bags and private label continuous roll stock film, the costs for which Jatnmin Java will bear full responsibility.

 

	
  

	
a) Canterbury shall order and maintain sufficient supplies so as to meet the normal production requirements of Jammin Java in a cost effective manner, but not to exceed three (3) month's supply.

 

	
2.3

	
Jammin Java is responsible for purchasing from Canterbury all packed finished goods on-hand as a result of the following:

 

a)  Jammin Java elects to terminate the contract for any reason;

 

b)  Jammin Java elects to redesign the packaging and introduce the change prior to utilizing all stocks on hand;

 

c) Jammin Java elects to discontinue a product(s);

 

d) Jammin Java ceases to carry on business for any reason;

 

e)  Sales volumes fall below a single roast batch, as described in Schedule A, per calendar quarter.

 

	
2.4

	
Where Canterbury agrees to secure coffee in future periods on behalf of Jammin Java, Jammin Java agrees to enter into a supply agreement specific to the transaction. Jammin Java agrees that it will be responsible for any financial penalty incurred by Canterbury should the contract not be honoured by fammin Java.

 

  

  

  

3   PRICING

Jammin Java will pay the prices set forth in Schedule A for each of the Products produced. Canterbury may revise prices upon thirty (30) days written notice for changes in the costs of manufacturing and materials of the product. Terms of payment are Net 30 days. The currency of this Agreement is in Canadian dollars.

4   ORDERING AND DELIVERY

Minimum order quantities and frequency of orders, along with warehousing and delivery specifications, form an integral part of this Agreement and are specified in Schedule A.

5   MARKETING AND SELLING

 

	
5.1 

	
Jammin Java will be totally responsible for carrying out sales and marketing and determining the selling price of the Products ("Sell Price"), as well as for all grocery listing allowances including, but not limited to, advertising allowances, marketing allowances, and volume rebates.

 

	
5.2 

	
Jammin Java will provide promotional materials, brochures, point of sale displays and other marketing materials, to facilitate the marketing and sale of the Products.

 

	
5.3 

	The cost of product giveaways or free samples will be borne by Jammin Java.

 

	
5.4 

	
Canterbury shall, upon request, assist Jammin Java on all advertising, sales promotion, and public relations campaigns to be conducted, including providing Jammin Java with documentation of previous promotional campaigns conducted, and shall provide necessary technical information and assistance. Jammin Java will fully reimburse Canterbury for expenses incurred in the provision of assistance.

 

	
5.5  

	
Costs and expenses related to returns, allowances and salvage costs will be borne by Jammin Java. The parties understand and agree that returns, allowances and salvage costs are future costs normally deducted by customers long after the sales and the collection of accounts receivable have been completed.

6   NET PROCEEDS TO IAMMIN IAVA

 

	
          6.1

	
Canterbury will pay Jammin Java the difference between the total cost for the Products under the Broad Distribution Arrangement, as shown in Column 2 of Schedule A, and the Sell Price, as net proceeds ("Net Proceeds"]. Canterbury will submit payment of Net Proceeds on the 15th of the month following receipt of monies from clients for product sold. Unless otherwise agreed to by the parties in writing, the Net Proceeds will remain fixed for one year from the date of this Agreement, and will be negotiated in good faith by the parties on an annual basis for subsequent years.

 

  

  

  

	
6.2 

	
Canterbury reserves the right to offset monies owed by Janimin Java to Canterbury against the Net Proceeds owed by Canterbury to Jammin Java.

 

	
6.3  

	
Loss from bad debts or uncollectible accounts will be borne by Jammin Java. Canterbury will provide to Jammin Java a monthly report of unpaid accounts receivable balances on Jammin Java customers.

 

7   SALES VOLUME REBATE

 

The parties shall negotiate a sales volume rebate at the end of six (6) months from the date of this Agreement, based on existing sales during the period.

 

8   INSURANCE

 

The Parties shall obtain and maintain in full force throughout the term of this Agreement insurance coverage for its operations consisting of Commercial General Liability Insurance including Products Liability Insurance in the amount of not less than Two Million Canadian dollars (CAD$2,000,000) per occurrence, $2,000,000 Products Liability Aggregate, for the first 50,000 Ibs per annum of manufacturing volume to be increased by One Million Canadian dollar (CAD$1,000,000) increments for every 50,000 Ibs per annum in additional manufacturing volume or a fraction thereof. The parties agree that the maximum coverage will be set at Five Million Canadian dollars (CAD$5,000,000) per occurrence, $5,000,000 Products Liability Aggregate. The parties agree to add the other as Additional Insured on their Comprehensive General Liability policy and to provide thirty (30) days written notice of cancellation or material change to the policy. Upon request, a Party shall provide the requesting Party with a certificate of insurance from its insurer or insurance broker, evidencing that insurance coverage as described herein is in effect.

 

Jammin Java shall be responsible for obtaining and maintaining, for the duration of this Agreement, insurance coverage for the full value of all Jammin Java-owned materials and goods held in inventory at Canterbury's facilities.

9   TRADEMARKS

 

	
9.1 

	
Jammin Java represents that it has the right to use the trademarks as shown in Schedule C ("Trademarks") and to permit the use of the Trademarks by Canterbury for the purpose of executing its obligations under this Agreement.

 

	
9.2  

	
In the event that Canterbury learns of any infringement or unauthorized use of any of the Trademarks, it shall promptly notify Jammin Java, Jammin Java has the right to transmit notices of infringement to or bring infringement actions against infringing parties. If requested to do so, Canterbury shall cooperate with and assist Jammin Java in any such action, including joining the action as a party if necessary, at Janimin Java's expense. Any award, or portion of an award, recovered by Jammin Java in any such action or proceeding commenced by Jammin Java shall belong solely to Jammin Java after recovery by both parties of their respective actual out-of-pocket costs.                                                                  

  

  

  

 

	
9.3 

	
If Jammin Java determines not to bring any such action, Canterbury may then bring such action in its own name at its own expense provided it obtains the consent of Jammin Java, which consent shall not be unreasonably withheld. If requested to do so, Jammin Java shall cooperate with Canterbury in any such action, including joining the action as a party if necessary, at Canterbury's expense. Any award, or portion of an award, recovered by Canterbury in any such action or proceeding commenced by Canterbury shall belong solely to Canterbury after recovery by both parties of their respective actual out-of- pocket costs.

 

	
9.4  

	
In the event that a third party institutes an infringement action against Canterbury for its use of the Trademarks as provided in this Agreement, Canterbury shall promptly notify Jammin Java of any such suit in writing, Jaminin Java shall defend, at its own expense, any such action, and Canterbury shall cooperate in such defense as reasonably requested by Jammin Java, at Jammin Java's expense, Jammin Java shall pay all judgments and settlements resulting from such suits. Any award received by Jammin Java in such an action shall belong solely to Jammin Java,

 

	
9.5 

	
Jammin Java and Canterbury shall keep one another informed of the status of, and their respective activities regarding, any litigation concerning the Trademarks. Canterbury may not enter into a settlement or consent judgment involving the Trademarks, however, unless it obtains Jammin Java's prior written consent.

10   MISCELLANEOUS

 

	
10.1  

	
The relationship Canterbury holds to Jammin Java is that of an independent contractor. This Agreement is not intended to create and shall not be construed as creating between Jammin Java and Canterbury the relationship of principal and agent, joint venture, partners, or similar relationship. Neither party shall be liable to any third party in any way for any engagement, obligation, commitment, contract, or transaction except as expressly provided for in writing.

 

	
10.2  

	
Performance of any obligation under this Agreement maybe suspended by either party without liability to the extent that acts of God, war, riots, fire explosion, accident, flood, or any other cause beyond the reasonable control of such party that renders such performance possible.

 

	
10.3  

	
This Agreement may not be assigned or transferred without the written consent of Canterbury.

 

	
10.4  

	
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements or understandings, either written or oral. Any modification, extension, or amendment of the Agreement shall not be effective unless in writing executed by both Jammin Java and Canterbury.

 

  

  

  

	
        10.5

	
Any notice or other communication required pursuant to this Agreement shall be deemed to have been sufficiently given if in writing and either delivered by telefax with electronic receipt, overnight courier service against a receipt, or sent by registered mail, return receipt requested, addressed as indicated below:

 

	
JAMMIN JAVA CORP.                              

	
CANTERBURY COFFEE CORPORATION

	
357 South Fairfax, Suite 321                              

	
13840 Mayfield Place

	
Los Angeles, CA 90036                          

	
Richmond, BC V6V 2E4

	
Attention: Shane Whittle, CEO                              

	
Attention: Rosemarie Ho, Senior VP

	
Facsimile: 888-711-9873                       

	
Facsimile: 604-273-8428

IN WITNESS WHEREOF the parlies have executed this agreement as of the date set forth above.

 

 

 

 

 

 

 

  

  

  

SCHEDULE A 

 

PRICE LIST f PRICE MANAGEMENT / ORDER MANAGEMENT

 

Under the Direct Distribution Arrangement, the prices for the Products shall be as shown in Column 1 and shall be FOB Canterbury Plant. Under the Broad Distribution Arrangement the prices shall be as shown in Column 2 and FOB shall be Destination Point.

Proposed Pricing*

 

	 	 	 	 	
Column 1

Direct

	 	 	 	
Column 2

Broad

	 
	Type   	Description	Unit of Measure	 	
Total Cost 

per lb

	
Freight per 

lb

	
Admin Fee

 per lb

	 	
Total Cost 

per lb

	 
	 	 	 	 	 	 	 	 	 	 
	
FTCO Certified

	 	  	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 
	
Jammin Java

	 	
84 x85g(3.0oz)

	 	XXX	XXX	XXX	 	XXX	 
	  	 	  	 	 	 	 	 	 	 
	
Jammin Java Espresso

	 	
6 x 1kg

	 	XXX	XXX	XXX	 	XXX	 
	 	 	 	 	 	 	 	 	 	 
	
Jammin Java Decaf

	 	
84x85g (3.0oz)

	 	XXX	XXX	XXX	 	XXX	 
	 	 	 	 	 	 	 	 	 	 
	
Non-Certified

	 	  	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 
	
Jammin Java

	 	
84 x 85g (3.0oz)

	 	XXX	XXX	XXX	 	XXX	 
	 	 	 	 	 	 	 	 	 	 
	
Jammin Java Espresso

	 	
6 x 1kg

	 	XXX	XXX	XXX	 	XXX	 
	 	 	 	 	 	 	 	 	 	 
	
Jammin Java Decaf

	 	
84 x 85g (3.0oz)

	 	XXX	XXX	XXX	 	XXX	 

 

* Note: Prices and product sizes shown are a guideline only and will be finalized prior to the first order.

 

	
•  

	F.O.B. Canterbury Richmond Plant.

 

	
•  

	Order Lead Time: 10 working days.

 

	
•  

	
Prices are subject to change with 30 days written notice, when influenced by green coffee market conditions.

 

	
•  

	Minimum roast batch si/e, approximately XXX Ibs per SKU, roast to order.

 

	
•  

	Minimum shipment: XXX cases assorted products.

 

 

**************************************************

MATERIAL ABOVE MARKED BY AN “X” HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. THIS ENTIRE EXHIBIT INCLUDING THE OMITTED CONFIDENTIAL INFORMATION HAS BEEN FILED SEPARATELY WITH THE COMMISSION.

**************************************************

  

  

  

SCHEDULE B

PACKAGING DEVELOPMENT COSTS

 

 

	
•  

	All packaging to be supplied by Canterbury,

 

	
•  

	
Should Jammin Java elect to develop private label bags and continuous roll stock film, they shall be responsible for the cost of all artwork and plates incurred in the development of such bags and continuous roll stock film specific to Jammin Java's products. Canterbury will assist Jammin Java in recommending roll stock film manufacturers and technical details of roll stock film that conforms to Canterbury's Packaging Machinery, when required.

 

	 	
o

	At such time, Jammin Java will be responsible for obtaining and maintaining insurance coverage for the full value of all Jammin Java owned materials provided to and stored at Canterbury's facilities.

 

	
•

	
All instructions with respect to packaging development and packaging changes shall be communicated to Canterbury in writing.

 

 

 

 

 

 

 

 

 

 

 

 

 

  

  

  

SCHEDULE C

 

The Trademark(s) are as follows:

 

•    Registration pendingex10-3.htm

Exhibit 10.3

 

 

EXCLUSIVE SALES AND

MARKETING AGREEMENT

By and Between

National Coffee Service & Vending

And

 

 

[Jammin Java Corp]

 

April 25, 2011

 

 

 

 

  

  

  

EXCLUSIVE SALES AND MARKETING AGREEMENT

 

This Exclusive Sales and Marketing Agreement (this “Agreement”) is entered into this 25th day of April, 2011 by and between National Coffee and Service Vending (hereinafter “NCSV”), a FL LLC with its registered address at 2620 Carter Lane Lake Worth, FL 33460, and Jammin Java Corp. (hereinafter “JJ”), a Nevada Corporation, with its registered address 8200 Wilshire Blvd, #200, Beverly Hills, CA 91211.  NCSV and JJ are sometimes collectively referred to herein as the “Parties” or individually as a “Party”.

WHEREAS, NCSV is a well established sales organization of Coffee in the United States for office coffee services (“Territory”).

WHEREAS, JJ are the producers of the “Jammin Java Coffee” brand of roasted coffees (the “Product”) for which they require a sales and marketing partner within the Territory;

NOW, THEREFORE, the Parties hereby agree as follows:

	
1.  

	
Appointment of Exclusive Agent.  JJ hereby appoints NCSV as their agents and distributors covering the Product within the Territory.  Sub-agents and sub-distributors may be granted the right to market the Product within the Territory by the mutual agreement of the Parties in writing.  This contract allows NCSV the exclusive rights to sell Jammin Java products under the terms and conditions of this Agreement within the United States of America in the Office Coffee, Vending, Office Products, Water and other industries featuring a “break room” division, and offshoots thereof (the “Territory”). This Agreement also includes distribution companies that service these industries. The Parties will enter into a separate non-exclusive agreement for NCSV to receive rights in connection with the hospitality, e-retail and foodservice segments.

	
2.  

	
Operations.  NCSV shall be responsible on behalf of the operations for marketing and distribution of the Product within the Territory. JJ shall always be consulted on operational matters and all outsource appointments such as roasters must be approved by JJ.

	
3.  

	
Referrals.  JJ hereby agrees to refer all Territory inquiries for the purchase of the Product to NCSV.  NCSV, on behalf of the Agreement, shall endeavour to handle all inquiries for large quantities of the Product itself, provided, however, that inquiries for sufficiently small quantities of the Product may be referred to any previously authorized sub-agents or sub-distributors.  Furthermore, JJ agrees not to compete for sales with NCSV within the Territory and hereby agrees that all sales of the Product into the Territory shall be made through NCSV with NCSV.

	
4.  

	
Considerations. It is hereby agreed that the net operating profit defined as gross profit relating to product sales in the Territory after deduction of cost of goods sold and agreed upon costs and expenses ("Net Profit") shall be shared between JJ and NCSV on a 60/40 percent basis, respectively. All working capital requirements shall be made available by NCSV. JJ shall have final say on all budgetary matters.  NCSV shall pay JJ its pro rata portion of Net Profit monthly on the 15th of the month following receipt of monies for Product sold.  JJ shall have the right to audit net sales and Net Profit from time to time with reasonable notice (which the Parties agree is 48 hours) to NCSV.   Payments shall include a breakdown of sales for each customer products are sold to, including customer’s contact information.

  

  

  

	
5.  

	
NCSV Obligations on behalf of  the Agreement.  In consideration of the foregoing exclusive appointment (as further described above), NCSV hereby agrees:

	
-  

	
5.1 at all times to work diligently and to market the Product and to employ their best endeavours to protect and promote the interest of JJ and the Product;

	
-  

	
5.2 to notify JJ of any suspected infringement of trade mark and intellectual property rights over and concerning the Product; and

	
-  

	
5.3 to handle all necessary billing of this Agreement.

	
6.  

	
Trademarks.  Subject to the terms and conditions of this Agreement, JJ hereby grants to NCSV the non-transferable, non-exclusive right during the term of this Agreement, within the Territory, to use the Trademarks solely in its advertising and promotion of the Products hereunder, in accordance with applicable law.  NCSC shall not use any other trademark or service mark confusingly similar to the Trademarks, or combine the Trademarks with other marks without the prior written approval of JJ.  NCSV shall not affix any Trademark to products other than the genuine Products.  NCSV shall ensure that the nature and quality of any services it provides in connection with its marketing and distribution of the Products hereunder shall conform to the standards set by JJ.  NCSV agrees to cooperate with JJ in facilitating JJ’s monitoring and control of the nature and quality of any services that NCSV provides in connection with the Trademarks, and to supply JJ with specimens of use of the Trademarks upon request.  NCSV understands and agrees that the use of any Trademark in connection with this Agreement shall not create any right, title or interest in or to the Trademark, and that all such use and goodwill associated therewith shall inure solely to the benefit of JJ.  Only JJ, and not NCSV, is entitled to register the Trademarks or similar trademarks in any class of products or services in the Territory. “Trademarks” shall include rights to the " Jammin Java" and associated brands (including all brands owned by or marketed by JJ).

	
7.  

	
Marketing within the Territory.  NCSV will fund costs to work and develop the US market, including all regional shows, distributor partner shows, sales training to broker network and ride along sales calls to direct customers, demos, etc. JJ will fund all costs for national shows, if agreed to attend and display. Costs and budgets will be coordinated per show between NCSV and JJ for mutual approval.

	
8.  

	
Affiliates.  Both Parties to this Agreement undertake to procure that their obligations under this Agreement shall be binding on all subsidiaries and associated companies of NCSV and JJ respectively as if such companies had entered into this Agreement themselves.

	
9.  

	
Termination.  This Agreement shall be subject to termination, by either Party during the first year (“First Year”) of this Agreement, by the giving of written notice at least three months in advance of the end of such First Year term, it always being understood that any such notice will only be allowable if all contractual obligations, such as to roasters, undertaken on behalf of this Agreement will have come to an end within the termination period. Otherwise this Agreement will remain in place for 2 years, and will renew itself at the end of each contract year in 2 year increments, renewing at the end of each contract year for a period of two years (each a “Renewal”)(for example, if this Agreement is not terminated as provided above at the end of the First Year, this Agreement shall automatically renew for 2 additional years). In the event the Agreement is not terminated (as provided above) during the First Year, this Agreement shall remain in full force and effect absent a Breach or Termination Fee Payment until the end of the then term, provided that the non-terminating party is provide written notice by the terminating party of its intent to terminate this Agreement at least 30 days prior to the end of any year before a Renewal.  Notwithstanding the foregoing, either party may terminate this Agreement immediately with written notice to the other party, in the event (each a "Breach") (a) the other party shall fail to comply with any of the terms and conditions of this Agreement and such failure is not remedied within 14 days of receipt of written notice of such failure, or (b) either party should enter into bankruptcy, receivership or suffer any sort of court administration of its affairs.   Notwithstanding the above, this Agreement may be immediately terminated by either party by providing the non-terminating party 15 days prior written notice and paying such non-terminating party the Termination Fee Payment.

  

  

  

	
10.  

	
Governing Law.  This Agreement shall be governed by, and construed in accordance with, the laws of California, without regard to the conflict of laws or choice of law principles thereof.

	
11.  

	
Notices.  All notices to either Party under this Agreement to the other Party shall be deemed delivered if sent by courier mail to the Parties’ respective addresses first noted above, or as provided by the Parties in writing from time to time, with not less than 10 days prior notice.

	
12.  

	
Entire Agreement.  This Agreement constitutes the entire agreement among the Parties with respect to the matters addressed herein, supersedes all prior letters, correspondence, conversations, agreements, understandings, and negotiations or discussions, both written and oral, express or implied, among the Parties with respect to matters addressed herein and cannot be amended or otherwise modified orally, but only by a written instrument executed by the Parties setting forth such changes.

	
13.  

	
Assignment. Neither Party shall assign this Agreement or its rights without the prior written consent of the other Party, which consent shall not be unreasonably withheld, delayed or conditioned.  This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors and permitted assigns. In the event either party sells or transfers substantially all of its assets or securities to a separate entity or person or this Agreement is assigned to another party or assumed by a successor entity or person, the resulting owner of that party's assets or securities (after such sale or transfer) shall either (a) accept and assume all rights under this Agreement, which shall thereafter continue in effect binding the resulting entity or person; or (b) pay the other party to this Agreement a lump sum breakup fee equal to the estimated Net Profit payable to the non-terminating party calculated as if this Agreement remained in effect for an additional 24 months from the termination date, with the estimated Net Profit due to the non-terminating party based on the previous 12 months of Net Profit paid to the non-breaching party (the "Termination Fee Payment")(e.g., the non-terminating party would be due a lump sum payment equal to two times the previous 12 months total Net Profit).

	
14.  

	
Waiver.  The failure of either Party to object to or to take affirmative action with respect to any conduct of the other Party which is in violation of the terms of this Agreement shall not be construed as a waiver thereof, or of any future breach or subsequent wrongful conduct.  No waiver of any of the terms of this Agreement shall be valid unless it is in writing and is signed by the Party against whom such waiver is asserted.

	
15.  

	
Survival of Obligations.  Those provisions which by their nature would survive termination or expiration of this Agreement and which will enable the Parties to exercise their rights and fulfill their obligations under this Agreement shall survive the termination or expiration of this Agreement.

 

  

  

  

	
16.  

	
Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law.  Any provision of this Agreement that is invalid or unenforceable shall be ineffective to the extent of such invalidity or unenforceability without invalidating or rendering unenforceable the remaining provisions hereof, and any such invalidity or unenforceability shall not invalidate or render unenforceable the remaining provisions hereof.

	
17.  

	
No Third Party Beneficiaries.  This Agreement is solely for the benefit of the Parties hereto and this Agreement shall not be deemed to confer upon or give to any other third-party any remedy, claim of liability or reimbursement, cause of action or other right.

	
18.  

	
Good faith. Both Parties shall operate in good faith in connection with this Agreement.

 

 

	
19.  

	
Status as Independent Contractor.  NCSV shall be considered an independent contractor of JJ pursuant to this Agreement.  Neither Party to this Agreement shall represent or hold itself out to be the employer, employee or agent of the other.  Neither party shall possess the authority to bind the other Party in any agreements without the express written consent of the entity to be bound.

	
20.  

	
Counterparts. This Agreement may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and, all of which taken together shall constitute one and the same Agreement.  In the event that any signature is delivered by facsimile transmission, such signature shall create a valid binding obligation of the party executing (or on whose behalf such signature is executed) the same with the same force and effect as if such facsimile signature were the original thereof.

Accepted and agreed as of the date first written above:

 

	
National Coffee and Service Vending

	
Jammin Java Corp

	  	  
	  	  
	
By: /s/ Rick Dutkiewicz

	
By: /s/ Anh Tran

	
Name:  Rick Dutkiewicz

	
Name: Anh Tran

	
Title:  Partner

	
Title:  Director

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