Document:

fzmd-ex1027_97.htm

EXHIBIT 10.27

PRECISION SPINE, INC. DISTRIBUTOR PURCHASE AND SALES AGREEMENT 

AGREEMENT No 01272015-001

This Agreement is dated as of, January 27, 2015 by and between Precision Spine Inc. having an address at 5 Sylvan Way, Suite 220, Parsippany, NJ 07054 ("Precision") and CPM Medical, (hereinafter referred to as "Distributor"), having an address at 1565 N. Central Expressway Suite 200, Richardson, TX 75080.

WHEREAS, Precision is in the business of developing, manufacturing, marketing and selling spinal products and devices for which Precision owns or has been assigned patent or other intellectual property rights and that have been approved or cleared for sale by the Food and Drug Administration (FDA) and related products, including implants, trays and instruments itemized on Exhibit A ("Products"); and

WHEREAS, Precision normally sells its Products directly to health care facilities that grant privileges to physicians who are qualified and competent to use the Products during performance of surgeries on their patients; and

WHEREAS, Distributor maintains a sales force that is trained and knowledgeable on the use of the Products and desires to purchase Products from Precision for resale to hospitals or other licensed healthcare facilities ("Facilities"), and Precision desires to sell its Products to Distributor subject to Distributor's agreement not to sell the Products to customers that have previously purchased the Products from Precision or through Precision's other distribution channels within a period of four months prior to the potential sale by Distributor and subject to the other terms set forth herein.

1.Scope, Schedule and Application of Agreement

1.1This Agreement is intended to govern the sale by Precision to Distributor of the Products as may be ordered by Distributor subsequent to the effective date of this Agreement, unless, as provided in Section 1.3 below, it is specifically agreed in writing by both parties that the provisions of this Agreement shall not apply to a particular Order issued to Precision by Distributor. Precision will normally ship Products to Distributor within one business day from Precision's receipt of Distributor's Order submitted as provided in Section 1.2. This is not an exclusive dealing agreement or an agreement obligating Distributor to purchase any minimum volume of the Products from Precision. However, except to the extent authorized in writing (via email or otherwise) by Precision neither Distributor nor its agents or representatives shall distribute or attempt to distribute or authorize others to distribute Products to physicians or Facilities that have previously purchased the Products from Precision or through Precision's other distribution channels within a period of four months prior to the potential sale by Distributor or others acting on Distributor's behalf (referred to herein as "Current Precision Customers"). Violation of the preceding sentence is considered a material breach that, in addition to other remedies, will result in immediate loss of the pricing referenced in Section 1.2.3 below and that will entitle Precision to terminate this Agreement. In cases where Distributor identifies to Precision new physicians not using the Products within the prior four months but who practice 

 

 

in Facilities already using Products, Precision intends to authorize Distributor to sell Products to the applicable Facility only for use by such new physicians that order Products for their patients,

1.2Products shall be ordered by Distributor by means of an individual order or release issued and signed by an authorized agent of Distributor (hereinafter "Order"). Each Order shall have on its face the following:

1.2.1A reference to this Agreement as follows:

"This Order is governed by the Precision SPINE, INC. Distributor Purchase and Sales Agreement between the parties dated

1.2.2The quantity and description of the Products ordered in Exhibit A.

1.2.3The fair market value price for such items of ordered Products is reflected on Exhibit A, which reflects a Stocking Distributor's discount as compared with pricing for Products sold directly to Precision's hospital clients that are serviced by sales agents employed by or under contract with Precision. The Discount offered to Distributor is conditioned upon the express understanding that Distributor will comply with Section 9 below and that Distributor will provide assistance to the Facility so as to assure Precision of legal compliance by Distributor and Facility with applicable laws and regulations governing the marketing and sales of medical devices, including without limitation, the Anti-Kickback Law codified at 42 U.S.0 1320a-7b and the Stark Law codified at 42 U.S.C. 1395nn and all applicable financial self-disclosure rules.

1.2.4The address to which invoices under the Order should be issued and, if different, the address to which the Products for that Order should be shipped.

1.2.5The date of the Order.

1.3Any provision of an Order which changes any of the terms and conditions contained in this Agreement, including, without limitation, prices and discounts stated on Exhibit A hereto, shall not be effective unless the Order clearly references the term or provision being changed and is signed by both parties to this Agreement. In the event an Order fails to reference this Agreement as required by Section 1.2 above, this Agreement will nevertheless apply, and any preprinted terms and conditions or other special conditions of an Order that are inconsistent with this Agreement shall have no force or effect.

1.4Orders may be signed and submitted electronically via pdf or fax, and multiple counterparts of the same Order may be signed by the Distributor and Precision, but such counterparts, whether sent as an original or whether first signed and then transmitted via pdf or fax, shall be treated as one and the same original Order.

Term of Agreement

:  This Agreement shall become effective on the date noted in the first paragraph of this Agreement and shall remain in effect for an initial term of twelve (12) months unless sooner terminated pursuant to paragraph 3 below or unless the parties agree in 

- 2 -

 

 

writing to renew this Agreement for one or more successive periods of twelve (12) months each on or before the expiration of the then-current term of this Agreement.

Termination

:  Either party may terminate this Agreement upon thirty (30) days' prior written notice to the other party. Termination pursuant to this paragraph 3 or pursuant to Paragraph 14 below shall not relieve either party of obligations arising out of this Agreement, including, without limitation, obligations of indemnities, warranties, and payment in connection with Products delivered prior to termination.

Prices

: Unless Distributor breaches this Agreement or this Agreement is otherwise terminated pursuant to Section 3, the fair market value prices set forth in Exhibit A hereto shall remain in effect for the initial twelve-month term of this Agreement. Prices set forth in Exhibit A include packaging but do not include shipping costs or any sales or use taxes. Any sales or other applicable taxes, whether federal, state or local imposed on Precision as a result of this transaction, other than Precision's income taxes, shall be invoiced by Precision and shall be promptly paid by the Distributor to Precision for remittance to the required tax authorities by Precision. Likewise, Distributor shall indemnify and protect Precision from any sales or use taxes imposed as a result of Distributor's re-sales of Products to the Facilities. The pricing structure and discounts set forth in Exhibit A are considered confidential business information of Precision and shall not be disclosed to third parties except as required by law, regulation, administrative or judicial orders, or as necessary to enforce payment or refund obligations hereunder.

Invoicing and Payment

: Precision shall issue invoices to the address listed in the applicable Orders when Precision ships the Products to the Distributor pursuant to the applicable Order. Terms for payment of such received Products shall be thirty (30) days from Distributor's receipt of Precision's invoice and the shipment. In the event Precision has not received payment within forty-five days from date of shipment and invoice date, interest shall accrue at the rate of 1.5% per month from such forty-fifth day until the overdue invoice is paid in full, and Precision may suspend any further shipments until all overdue amounts are paid. In addition, if Precision is required to commence legal proceedings in order to obtain payment due from Distributor, then Distributor shall also pay Precision's court costs and reasonable legal fees in connection with collecting such overdue payment. The pricing set forth in the this Agreement is predicated on  Distributor providing a sales representative or other on-site assistance to the Facilities and  assuring that the Products are re-sold at fair market value prices determined by Distributor and  the Facilities in accordance with Section 9 below and in accordance with applicable laws, as well  as any conflict of interest rules adopted by the Facilities. Both parties acknowledge that if any  Facility desires to procure Products directly from Precision in the future, then nothing in this  Agreement will prohibit Precision from making direct-sale shipments to the Facility, but that in  such event Precision will notify Distributor of such request by the Facility and will allow  Distributor to cancel any pending Orders not yet shipped to Distributor, if so desired by  Distributor.

6.Freight: Restock Precision Spine will charge $15 dollars per shipment under 5lbs.  Shipments over 5 lbs will be billed according to weight. Shipments such as First AM, Saturday  Delivery or Same day will also be billed accordingly. Distributor can avoid daily freight charges  

- 3 -

 

 

by providing Precision Spine a FedEx account number and freight will be billed to customer's  account directly. All shipments are sent priority overnight unless otherwise stated. Trays are  sent 2nd day unless requested otherwise. 

Notices

: Any notice, including termination notices, given by either party pursuant to this Agreement shall be deemed validly given if sent by facsimile or email, with receipt confirmed, or by deposit in the mail with proper postage prepaid to the following addresses and addressees:

		
	
If to
Distributor:
	
Bill McLaughlin

	
 
	
1565 North Central Expy

	
 
	
Richardson, TX 75080

	
 
	
Fax:972-354-5568

	
 
	
Email:bnnclaughlin@surgicalservice.com 

	
 
	
 

	
If to Precision:
	
Precision Spine, Inc.

	
 
	
2050 Executive Dr.

	
 
	
Pearl, MS 39208

	
 
	
Fax: 1-877-779-7765

	
 
	
Email:Cynthia.McJordan@Precisionspineinc.com

 

Either party shall have the right to change any address or addressee by giving the other party prior written notice of such change.

Risk of Loss

:  Risk of loss passes from Precision to Distributor on delivery F.O.B. Precision's shipping point, except that all shipped Products will be suitably packed by Precision for shipping, and Precision shall remain responsible for any damage to the Product caused by Precision's improper packaging or crating. Notwithstanding delivery and passing of risk, Product will remain the property of Precision and shall not be used by or resold to Facilities by Distributor until Distributor pays to Precision the price payable pursuant to Exhibit A for the Products sold hereunder and until no further sums whatever are due from Distributor to Precision in respect of delivered Products.

Rejection

:  Distributor may reject all or part of any delivery of Products only on the grounds that it, or part of it, does not conform to the quantities or description in the Order and only by giving Precision written notice of such rejection promptly on discovery of such lack of conformity, including full details of the reason for rejection using the Form for Return attached hereto as Exhibit B, and in any event no later than 30 days after delivery and prior to use or modification of the Product. Upon rejection, risk of loss automatically reverts to Precision, and Precision remains solely responsible for cost of return shipment to Precision of properly rejected Products. If Distributor fails to give such notice of rejection, it shall be deemed to have accepted the shipment in full conformance with the Order.

- 4 -

 

 

Authorized Use; Notice of Claims or Safety Concerns

:  Distributor shall not sell, supply or otherwise make Products available to third parties, except to Facilities which are licensed to perform procedures using the Products and which are not Current Precision Customers, as defined in Section 1.1 above. Distributor shall be responsible ascertaining whether the Facility and its ordering physicians are Current Precision Customers prior to entering into a sales arrangement with such Facility and for ensuring that each Facility understands that the Products should only be supplied to Facility patients who are receiving the Products as part of medical procedures properly prescribed and performed by qualified and licensed physicians who have appropriate clinical privileges with that Facility. Distributor shall not make alterations or allow Facilities or others, including without limitation, members of any Facility's Medical Staff, to make any alterations to the Products. Precision and Distributor shall give each other prompt written notice after such party becomes aware of any adverse facts, claims or issues relating to the safety or efficacy of any Product sold hereunder, and Distributor shall require each Facility to notify Precision directly of any such safety concerns or claims. Distributor agrees to indemnify, defend and hold harmless Precision and its "Affiliates" (including without limitation companies under common control as Precision and its and their directors, officers, employees, agents, representatives and shareholders) from and against any and all claims by any third party, including any claims, actions, suits, proceedings, settlements, liabilities, obligations, losses, damages (including any fines, penalties or punitive damages), interest, costs and expenses (including attorneys' fees, court costs and other reasonable out-of-pocket expenses resulting from or arising out of Distributor's unauthorized use of the Products or breach of the Distributor's warranties and covenants contained in this Agreement.  Precision and  Distributor each further warrant to each other that neither Precision nor Distributor, as applicable, has been and during the term hereof is not excluded from participation in Medicare or other Federal health care programs. 

Product Warranty Disclaimer

:  Precision warrants to Distributor that Products are manufactured and shipped in compliance with applicable laws and regulations and when delivered to Distributor shall conform in all material respects to the product descriptions furnished to Distributor by Precision and that the Products do not infringe any patent or trade secret rights of any third party. If Distributor receives any Products which do not conform to this express warranty and Distributor notifies Precision in writing of such failure within ninety (90) days from Distributor's receipt of the Product, the Distributor's exclusive remedy shall be, and is limited to, the refund to Distributor of any applicable purchase price paid to Precision for such Materials or the provision of replacement Products that fully conform with the express warranty in like quantity as soon as reasonably practicable after receipt of written notice of such breach of warranty.

EXCEPT FOR THE FOREGOING WARRANTIES, PRECISION MAKES NO WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, A WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE, AND ANY SUCH WARRANTIES WHETHER EXPRESS OR IMPLIED, ARE EXPRESSLY DISCLAIMED. PRECISION SHALL HAVE NO FURTHER OBLIGATION OR LIABILITY WITH RESPECT TO PRODUCTS EXCEPT AS IMPOSED BY LAW. PRECISION DOES NOT MAKE ANY SEPARATE WARRANTY TO DISTRIBUTOR OR TO THE FACILITY'S PATIENTS OR MEDICAL STAFF. PRECISION HAS NOT AUTHORIZED ANYONE TO MAKE ANY REPRESENTATION OR WARRANTY 

- 5 -

 

 

OTHER THAN AS PROVIDED ABOVE. PRECISION SHALL NOT BE LIABLE TO DISTRIBUTOR FOR ANY INDIRECT, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION, DAMAGES FOR LOST PROFITS, EVEN IF PRECISION HAS BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, REGARDLESS OF THE FORM OF ACTION.

Force Majeure

:  If Precision is prevented, hindered or delayed from or in supplying Products by an event or circumstance beyond the reasonable control of Precision including, without limitation, strikes and other industrial disputes, accidents, storms or acts of God, war, riot, civil commotion, terrorism, changes to a law or governmental order, rule, or regulation affecting manufacture or supply of a product, reduction in or unavailability of power at manufacturing plant, breakdown of plant or machinery, or shortage or unavailability of transportation or raw materials from normal sources of supply, then Precision, at its option, by providing notice to Distributor of such event, and without any liability for any loss or damage suffered by Distributor, may suspend deliveries while the Force Majeure Event or its effects continues.

Governing Law; Permits

:  This Agreement, and all Orders issued hereunder shall be governed by and construed in accordance with the law of the State of Mississippi. In the event any provision of this Agreement is determined by a court to be void or unenforceable, such provision shall be severed from this Agreement, and the remaining provisions shall remain in full force and effect. Further, the Distributor shall be solely responsible for obtaining any and all business registrations, licenses and permits applicable to its business operations and its purchase and sale of Precision products as may be required by the states in the United States in which Distributor will sell Products to Facilities.

Non-waiver

:  The failure of either party to insist upon or enforce, in any instance, strict performance by the other of any of the terms of this Agreement or to exercise any rights herein conferred shall not be construed as a waiver or relinquishment to any extent of its rights to assert or rely upon any such terms or rights on any future occasion.

Relationship

:  The parties acknowledge that they are independent contractors with Precision serving as a seller and Distributor serving as a buyer, with authority to resell Precision's Products to Facilities, and this Agreement should not be treated or construed as creating a partnership, agency or franchise relationship. In the event any court or regulatory body with jurisdiction over either of the Parties treats this agreement as creating a partnership, agency or franchise arrangement, then the Party adversely affected by such ruling or interpretation shall be entitled to immediately terminate this Agreement upon providing written notice of the ruling or interpretation to the other Party hereto.

Entire Agreement

:  This Agreement, including Exhibits A and B referenced herein and Orders issued and accepted pursuant hereto, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements with respect to the subject matter hereof. Any conflicts between the body of this Agreement and the exhibits attached hereto shall be resolved in favor of the terms and conditions contained in the body of this Agreement.

- 6 -

 

 

WITNESS the execution hereof by the parties hereto.

			
	
CPM Medical
	
 
	
PRECISION SPINE, INC.

	
By: Bill McLaughlin
Title: Chief Financial Officer
Phone 972-331-5888
	
 
	
By:Bob Fruge
Title:Vice President Sales
Phone1-337-344-7784

	
Signature:  
	
 
	
Signature: 

	
Date:  
	
 
	
Date:

 

- 7 -

 

 

Exhibit A Item Pricing: 

Instruments Cost Plus 10%

			
	
Item Number
	
Description
	
Discount
Price

	
ACP120
	
Anterior Cervical Plate, 1-Level, 20mm
	
$615.00

	
ACP122
	
Anterior Cervical Plate, 1-Level, 22mm
	
$615.00

	
ACP124
	
Anterior Cervical Plate, 1-Level, 24mm
	
$615.00

	
ACP126
	
Anterior Cervical Plate, 1-Level, 26mm
	
$ 615.00

	
ACP128
	
Anterior Cervical Plate, 1-Level, 28mm
	
$ 615.00

	
ACP130
	
Anterior Cervical Plate, 1-Level, 30mm
	
$ 615.00

	
ACP132
	
Anterior Cervical Plate, 1-Level, 32mm
	
$ 615.00

	
ACP134
	
Anterior Cervical Plate, 1-Level, 34mm
	
$ 615.00

	
 
	
 
	
 

	
ACP237
	
Anterior Cervical Plate, 2-Level, 37mm
	
$ 615.00

	
ACP240
	
Anterior Cervical Plate, 2-Level, 40mm
	
$ 615.00

	
ACP243
	
Anterior Cervical Plate, 2-Level, 43mm
	
$ 615.00

	
ACP246
	
Anterior Cervical Plate, 2-Level, 46mm
	
$ 615.00

	
ACP249
	
Anterior Cervical Plate, 2-Level, 49mm
	
$ 615.00

	
ACP252
	
Anterior Cervical Plate, 2-Level, 52mm
	
$ 615.00

	
ACP255
	
Anterior Cervical Plate, 2-Level, 55mm
	
$ 615.00

	
 
	
 
	
 

	
ACP354
	
Anterior Cervical Plate, 3-Level, 54mm
	
$ 645.00

	
ACP357
	
Anterior Cervical Plate, 3-Level, 57mm
	
$ 645.00

	
ACP360
	
Anterior Cervical Plate, 3-Level, 60mm
	
$ 645.00

	
ACP363
	
Anterior Cervical Plate, 3-Level, 63mm
	
$ 645.00

	
ACP366
	
Anterior Cervical Plate, 3-Level, 66mm
	
$ 645.00

	
ACP369
	
Anterior Cervical Plate, 3-Level, 69mm
	
$ 645.00

	
ACP372
	
Anterior Cervical Plate, 3-Level, 72mm
	
$ 645.00

	
ACP375
	
Anterior Cervical Plate, 3-Level, 75mm
	
$ 645.00

	
 
	
 
	
 

	
ACP469
	
Anterior Cervical Plate, 4-Level, 69mm
	
$ 645.00

	
ACP473
	
Anterior Cervical Plate, 4-Level, 73mm
	
$ 645.00

	
ACP477
	
Anterior Cervical Plate, 4-Level, 77mm
	
$ 645.00

	
ACP481
	
Anterior Cervical Plate, 4-Level, 81mm
	
$ 645.00

	
ACP485
	
Anterior Cervical Plate, 4-Level, 85mm
	
$ 645.00

	
ACP489
	
Anterior Cervical Plate, 4-Level, 89mm
	
$ 645.00

	
 
	
 
	
 

	
SDF4012
	
4.0mmx 12mm Self Drilling Fixed Screw
	
$ 105.00

	
SDF4014
	
4.0mmx 14mm Self Drilling Fixed Screw
	
$ 105.00

	
SDF4016
	
4.0mmx 16mm Self Drilling Fixed Screw
	
$ 105.00

	
SDF4018
	
4.0mmx 18mm Self Drilling Fixed Screw
	
$ 105.00

	
SDF4512
	
4.5mmx 12mm Self Drilling Fixed Screw
	
$ 105.00

	
SDF4514
	
4.5mmx 14mm Self Drilling Fixed Screw
	
$ 105.00

	
SDF4516
	
4.5mmx 16mm Self Drilling Fixed Screw
	
$ 105.00

	
SDF4518
	
4.5mmx 18mm Self Drilling Fixed Screw
	
 

	
 
	
 
	
 

	
SDV4012
	
4.0mmx 12mm Self Drilling Variable Screw
	
$ 105.00

- 8 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
SDV4014
	
4.0mmx 14mm Self Drilling Variable Screw
	
$ 105.00

	
SDV4016
	
4.0mmx 16mm Self Drilling Variable Screw
	
$ 105.00

	
SDV4018
	
4.0mmx 18mm Self Drilling Variable Screw
	
$ 105.00

	
SDV4512
	
4.5mmx 12mm Self Drilling Variable Screw
	
$ 105.00

	
SDV4514
	
4.5mmx 14mm Self Drilling Variable Screw
	
$ 105.00

	
SDV4516
	
4.5mmx 16mm Self Drilling Variable Screw
	
$ 105.00

	
 
	
 
	
 

	
SDV4518
	
4.5mmx 18mm Self Drilling Variable Screw
	
$ 105.00

	
 
	
 
	
 

	
ACP-009
	
Fixation Pin (Bone Tack)
	
$50.00

	
 
	
 
	
 

	
01-4521
	
ALIF Plate, 21mnn for L4-L5
	
$1,390.00

	
01-4523
	
ALIF Plate, 23mm for L4-L5
	
$1,390.00

	
01-4525
	
ALIF Plate, 25mm for L4-L5
	
$1,390.00

	
01-4527
	
ALIF Plate, 27mm for L4-L5
	
$1,390.00

	
 
	
 
	
 

	
01-5121
	
ALIF Plate, 21nnm for L5-S1
	
$1,390.00

	
01-5123
	
ALIF Plate, 23mm for L5-S1
	
$1,390.00

	
01-5125
	
ALIF Plate, 25mm for L5-S1
	
$1,390.00

	
01-5127
	
ALIF Plate, 27mm for L5-S1
	
$1,390.00

	
 
	
 
	
 

	
01-V5025
	
5.0mm x 25mm Self Drilling Variable Screw
	
$215.00

	
01-V5030
	
5.0mm x 30mm Self Drilling Variable Screw
	
$215.00

	
01-V5035
	
5.0mm x 35mm Self Drilling Variable Screw
	
$215.00

	
 
	
 
	
 

	
01-V5525
	
5.5mm x 25mm Self Drilling Variable Screw
	
$215.00

	
01-V5530
	
5.5mm x 30mm Self Drilling Variable Screw
	
$215.00

	
01-V5535
	
5.5mm x 35mm Self Drilling Variable Screw
	
$215.00

	
 
	
 
	
 

	
01-F5025
	
5.0mm x 25mm Self Drilling Fixed Screw
	
$215.00

	
01-F5030
	
5.0mm x 30mm Self Drilling Fixed Screw
	
$215.00

	
01-F5035
	
5.0mm x 35mm Self Drilling Fixed Screw
	
$215.00

	
 
	
 
	
 

	
01-F5525
	
5.5mm x 25mm Self Drilling Fixed Screw
	
$215.00

	
01-F5530
	
5.5mm x 30mm Self Drilling Fixed Screw
	
$215.00

	
01-F5535
	
5.5mm x 35mm Self Drilling Fixed Screw
	
$215.00

	
 
	
 
	
 

	
04-1000
	
Mini Sure Lok Cap Screw
	
$70.00

	
 
	
 
	
 

	
04-3508
	
3.5mm x 8mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3510
	
3.5mm x 10mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3512
	
3.5mm x 12mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3514
	
3.5mm x 14mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3516
	
3.5mm x 16mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3518
	
3.5mm x 18mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3520
	
3.5mm x 20mm Mini S-Lok Posterior Cervical Screw
	
$325.00

- 9 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
 
	
 
	
 

	
04-3525
	
3.5mm x 25mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3530
	
3.5mm x 30mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3535
	
3.5mm x 35mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-3540
	
3.5mm x 40mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
 
	
 
	
 

	
04-4008
	
4.0mm x 8mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4010
	
4.0mm x 10mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4012
	
4.0mm x 12mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4014
	
4.0mm x 14mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4016
	
4.0mm x 16mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4018
	
4.0mm x 18mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4020
	
4.0mm x 20mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
 
	
 
	
 

	
04-4025
	
4.0mm x 25mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4030
	
4.0mm x 30mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4035
	
4.0mm x 35mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
04-4040
	
4.0mm x 40mm Mini S-Lok Posterior Cervical Screw
	
$325.00

	
 
	
 
	
 

	
04-0060
	
3.5mm x 60mm Rod
	
$75.00

	
04-0080
	
3.5mm x 80mm Rod
	
$75.00

	
04-0120
	
3.5mm x 120mm Rod
	
$75.00

	
04-0240
	
3.5mm x 240mm Rod
	
$75.00

	
04-0060T
	
5.5mm to 3.5mm x 60mm Transition Rod
	
$220.00

	
04-0080T
	
5.5mm to 3.5mm x 80mm Transition Rod
	
$220.00

	
04-0120T
	
5.5mm to 3.5mm x 120mm Transition Rod
	
$220.00

	
04-0240T
	
5.5mm to 3.5mm x 240mm Transition Rod
	
$220.00

	
04-0500T
	
5.5mm to 3.5mm x 500mm Transition Rod
	
$220.00

	
 
	
 
	
 

	
04-05LOH
	
5mm Left Offset Hook
	
$325.00

	
04-05ROH
	
5mm Right Offset Hook
	
$325.00

	
04-05STH
	
5mm Standard Hook
	
$325.00

	
04-06LOH
	
6mm Left Offset Hook
	
$325.00

	
04-06ROH
	
6mm Right Offset Hook
	
$325.00

	
04-06STH
	
6mm Straight Hook
	
$325.00

	
 
	
 
	
 

	
04-1013-14
	
Offset Open 14mm
	
$325.00

	
04-1013-25
	
Offset Open 25mm
	
$325.00

	
04-1014-14
	
Offset Closed 14mm
	
$325.00

	
04-1014-25
	
Offset Closed 25mm
	
$325.00

	
 
	
 
	
 

	
04-1015-00
	
Parallel Domino Cap Screw
	
$75.00

	
04-1015-35
	
3.5mm x 3.5mm Parallel Domino
	
$450.00

	
04-1015-45
	
3.5mm x 4.5mm Parallel Domino
	
$450.00

	
04-1015-55
	
3.5mm x 5.5mm Parallel Domino
	
$450.00

	
04-1015-62
	
3.5mm x 6.25mm Parallel Domino
	
$450.00

- 10 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
04-1016-00
	
Straight Domino Cap Screw
	
$75.00

	
04-1016-35
	
3.5mm x 3.5mm Straight Domino
	
$450.00

	
04-1016-45
	
3.5mm x 4.5mm Straight Domino
	
$450.00

	
04-1016-55
	
3.5mm x 5.5mm Straight Domino
	
$450.00

	
04-1016-62
	
3.5mm x 6.25mm Straight Domino
	
$450.00

	
 
	
 
	
 

	
04-1017-05
	
Cervical Cross Link Cap Screw
	
$75.00

	
04-1017-30
	
30mm Cervical Crosslink
	
$300.00

	
04-1017-35
	
35mm Cervical Crosslink
	
$300.00

	
04-1017-45
	
45mm Cervical Crosslink
	
$300.00

	
 
	
 
	
 

	
100-5535
	
5.5x35mm Rod, Curved
	
$135.00

	
100-5540
	
5.5x4Omm Rod, Curved
	
$135.00

	
100-5545
	
5.5x45mm Rod, Curved
	
$135.00

	
100-5550
	
5.5x5Omnn Rod, Curved
	
$135.00

	
100-5555
	
5.5x55mm Rod, Curved
	
$135.00

	
100-5560
	
5.5x6Omm Rod, Curved
	
$135.00

	
100-5565
	
5.5x65mm Rod, Curved
	
$135.00

	
100-5570
	
5.5x7Omm Rod, Curved
	
$135.00

	
100-5575
	
5.5x75mm Rod, Curved
	
$135.00

	
 
	
 
	
 

	
100-5580
	
5.5x8Omm Rod, Curved
	
$135.00

	
100-5590
	
5.5x9Omm Rod, Curved
	
$135.00

	
100-5100
	
5.5x100mm Rod, Curved
	
$135.00

	
100-5110
	
5.5x110mm Rod, Curved
	
$135.00

	
100-5120
	
5.5x120mm Rod, Curved
	
$135.00

	
100-5130
	
5.5x130nnm Rod, Curved
	
$135.00

	
100-5140
	
5.5x140mm Rod, Curved
	
$135.00

	
100-5150
	
5.5x150mm Rod, Curved
	
$135.00

	
100-5180
	
5.5x180mm Rod, Curved
	
$135.00

	
100-5200
	
5.5X200mm Rod, Curved (Special Order)
	
$135.00

	
 
	
 
	
 

	
110-5540
	
5.5x4Onnnn Rod, Straight
	
$135.00

	
110-5550
	
5.5x5Onnnn Rod, Straight
	
$135.00

	
110-5560
	
5.5x6Omm Rod, Straight
	
$135.00

	
110-5570
	
5.5x7Omm Rod, Straight
	
$135.00

	
110-5580
	
5.5x8Omm Rod, Straight
	
$135.00

	
110-5590
	
5.5x9Omm Rod, Straight
	
$135.00

	
110-5100
	
5.5x100nnm Rod, Straight
	
$135.00

	
110-5110
	
5.5x110mm Rod, Straight
	
$135.00

	
110-5120
	
5.5x120nnm Rod, Straight
	
$135.00

	
110-5130
	
5.5x130mm Rod, Straight
	
$135.00

	
110-5140
	
5.5x140mm Rod, Straight
	
$135.00

	
110-5150
	
5.5x150mm Rod, Straight
	
$135.00

	
110-5180
	
5.5x180mm Rod, Straight
	
$135.00

	
110-5200
	
5.5x200mm Rod, Straight
	
$135.00

- 11 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
110-5400
	
5.5x400nnm Rod, Straight
	
$135.00

	
 
	
 
	
 

	
CL-035
	
Cross Link 35mm
	
$640.00

	
CL-038
	
Cross Link 38mm
	
$640.00

	
CL-042
	
Cross Link 42mm
	
$640.00

	
CL-050
	
Cross Link 50mm
	
$640.00

	
 
	
 
	
 

	
SL1000
	
Cap Screw (Goes With SLC OR SLP SCREWS)
	
$70.00

	
 
	
 
	
 

	
SLP4525
	
S-Lok Polyaxial Screw 4.5mm x 25mm
	
$510.00

	
SLP4530
	
S-Lok Polyaxial Screw 4.5mm x 30mm
	
$510.00

	
SLP4535
	
S-Lok Polyaxial Screw 4.5mm x 35mm
	
$510.00

	
SLP4540
	
S-Lok Polyaxial Screw 4.5mm x 40mm
	
$510.00

	
SLP4545
	
S-Lok Polyaxial Screw 4.5mm x 45mm
	
$510.00

	
SLP4550
	
S-Lok Polyaxial Screw 4.5mm x 50mm
	
$510.00

	
SLP4555
	
S-Lok Polyaxial Screw 4.5mm x 55mm
	
$510.00

	
SLP4560
	
S-Lok Polyaxial Screw 4.5mm x 60mm
	
$510.00

	
 
	
 
	
 

	
SLP5525
	
S-Lok Polyaxial Screw 5.5mm x 25mm
	
$510.00

	
SLP5530
	
S-Lok Polyaxial Screw 5.5mm x 30mm
	
$510.00

	
SLP5535
	
S-Lok Polyaxial Screw 5.5mm x 35mm
	
$510.00

	
SLP5540
	
S-Lok Polyaxial Screw 5.5mm x 40mm
	
$510.00

	
SLP5545
	
S-Lok Polyaxial Screw 5.5mm x 45mm
	
$510.00

	
SLP5550
	
S-Lok Polyaxial Screw 5.5mm x 50mm
	
$510.00

	
SLP5555
	
S-Lok Polyaxial Screw 5.5mm x 55mm
	
 

	
SLP5560
	
S-Lok Polyaxial Screw 5.5mm x 60mm
	
$510.00

	
SLP6525
	
S-Lok Polyaxial Screw 6.5mm x 25mm
	
$510.00

	
SLP6530
	
S-Lok Polyaxial Screw 6.5mm x 30mm
	
$510.00

	
SLP6535
	
S-Lok Polyaxial Screw 6.5mm x 35mm
	
$510.00

	
SLP6540
	
S-Lok Polyaxial Screw 6.5mm x 40mm
	
$510.00

	
SLP6545
	
S-Lok Polyaxial Screw 6.5mm x 45mm
	
$510.00

	
SLP6550
	
S-Lok Polyaxial Screw 6.5mm x 50mm
	
$510.00

	
SLP6555
	
S-Lok Polyaxial Screw 6.5mm x 55mm
	
$510.00

	
SLP6560
	
S-Lok Polyaxial Screw 6.5mm x 60mm
	
$510.00

	
 
	
 
	
 

	
SLP7525
	
S-Lok Polyaxial Screw 7.5mm x 25mm
	
$510.00

	
SLP7530
	
S-Lok Polyaxial Screw 7.5mm x 30mm
	
$510.00

	
SLP7535
	
S-Lok Polyaxial Screw 7.5mm x 35mm
	
$510.00

	
SLP7540
	
S-Lok Polyaxial Screw 7.5mm x 40mm
	
$510.00

	
SLP7545
	
S-Lok Polyaxial Screw 7.5mm x 45mm
	
$510.00

	
SLP7550
	
S-Lok Polyaxial Screw 7.5mm x 50mm
	
$510.00

	
SLP7555
	
S-Lok Polyaxial Screw 7.5mm x 55mm
	
$510.00

	
SLP7560
	
S-Lok Polyaxial Screw 7.5mm x 60mm
	
$510.00

	
 
	
 
	
 

	
SLP8525
	
S-Lok Polyaxial Screw 8.5mm x 25mm
	
$510.00

	
SLP8530
	
S-Lok Polyaxial Screw 8.5mm x 30mm
	
$510.00

- 12 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
SLP8535
	
S-Lok Polyaxial Screw 8.5mm x 35mm
	
$510.00

	
SLP8540
	
S-Lok Polyaxial Screw 8.5mm x 40mm
	
$510.00

	
SLP8545
	
S-Lok Polyaxial Screw 8.5mm x 45mm
	
$510.00

	
SLP8550
	
S-Lok Polyaxial Screw 8.5mm x 50mm
	
$510.00

	
SLP8555
	
S-Lok Polyaxial Screw 8.5mm x 55mm
	
$510.00

	
SLP8560
	
S-Lok Polyaxial Screw 8.5mm x 60mm
	
$510.00

	
SLP8570
	
S-Lok Polyaxial Screw 8.5mm x 70mm
	
$510.00

	
SLP8580
	
S-Lok Polyaxial Screw 8.5mm x 80mm
	
$510.00

	
SLP8590
	
S-Lok Polyaxial Screw 8.5mm x 90mm
	
$510.00

	
SLP8100
	
S-Lok Polyaxial Screw 8.5mm x 100mm
	
$510.00

	
 
	
 
	
 

	
SLC5525
	
S-Lok Cannulated Screw 5.5mm x 25mm
	
$535.00

	
SLC5530
	
S-Lok Cannulated Screw 5.5mm x 30mm
	
$535.00

	
SLC5535
	
S-Lok Cannulated Screw 5.5mm x 35mm
	
$535.00

	
SLC5540
	
S-Lok Cannulated Screw 5.5mm x 40mm
	
$535.00

	
SLC5545
	
S-Lok Cannulated Screw 5.5mm x 45mm
	
$535.00

	
SLC5550
	
S-Lok Cannulated Screw 5.5mm x 50mm
	
$535.00

	
SLC5555
	
S-Lok Cannulated Screw 5.5mm x 55mm
	
$535.00

	
SLC5560
	
S-Lok Cannulated Screw 5.5mm x 60mm
	
$535.00

	
 
	
 
	
 

	
SLC6525
	
S-Lok Cannulated Screw 6.5mm x 25mm
	
$535.00

	
SLC6530
	
S-Lok Cannulated Screw 6.5mm x 30mm
	
$535.00

	
SLC6535
	
S-Lok Cannulated Screw 6.5mm x 35mm
	
$535.00

	
SLC6540
	
S-Lok Cannulated Screw 6.5mm x 40mm
	
$535.00

	
SLC6545
	
S-Lok Cannulated Screw 6.5mm x 45mm
	
$535.00

	
SLC6550
	
S-Lok Cannulated Screw 6.5mm x 50mm
	
$535.00

	
SLC6555
	
S-Lok Cannulated Screw 6.5mm x 55mm
	
$535.00

	
SLC6560
	
S-Lok Cannulated Screw 6.5mm x 60mm
	
$535.00

	
SLC7525
	
S-Lok Cannulated Screw 6.5mm x 25mm
	
$535.00

	
SLC7530
	
S-Lok Cannulated Screw 6.5mm x 30mm
	
$535.00

	
SLC7535
	
S-Lok Cannulated Screw 6.5mm x 35mm
	
$535.00

	
SLC7540
	
S-Lok Cannulated Screw 6.5mm x 40mm
	
$535.00

	
SLC7545
	
S-Lok Cannulated Screw 6.5mm x 45mm
	
$535.00

	
SLC7550
	
S-Lok Cannulated Screw 6.5mm x 50mm
	
$535.00

	
SLC7555
	
S-Lok Cannulated Screw 6.5mm x 55mm
	
$535.00

	
SLC7560
	
S-Lok Cannulated Screw 6.5mm x 60mm
	
$535.00

	
 
	
 
	
 

	
SLC8525
	
S-Lok Cannulated Screw 6.5mm x 25mm (Special Order)
	
$535.00

	
SLC8530
	
S-Lok Cannulated Screw 6.5mm x 30mm (Special Order)
	
$535.00

	
SLC8535
	
S-Lok Cannulated Screw 6.5mm x 35mm (Special Order)
	
$535.00

	
SLC8540
	
S-Lok Cannulated Screw 6.5mm x 40mm (Special Order)
	
$535.00

	
SLC8545
	
S-Lok Cannulated Screw 6.5mm x 45mm (Special Order)
	
$535.00

	
SLC8550
	
S-Lok Cannulated Screw 6.5mm x 50mm (Special Order)
	
$535.00

	
SLC8555
	
S-Lok Cannulated Screw 6.5mm x 55mm (Special Order)
	
$535.00

	
SLC8560
	
S-Lok Cannulated Screw 6.5mm x 60mm (Special Order)
	
$535.00

	
SLC8570
	
S-Lok Cannulated Screw 6.5mm x 70mm (Special Order)
	
$535.00

- 13 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
SLC8580
	
S-Lok Cannulated Screw 6.5mm x 80mm (Special Order)
	
$535.00

	
SLC8590
	
S-Lok Cannulated Screw 6.5mm x 90mm (Special Order)
	
$535.00

	
SLC8100
	
S-Lok Cannulated Screw 6.5mm x 100mm (Special Order)
	
$535.00

	
 
	
 
	
 

	
10-1001
	
Vault ALIF Set Screw
	
$95.00

	
 
	
 
	
$85.00

	
10-1002-11
	
Vault ALIF Locking Cap 11mm
	
$85.00

	
10-1002-13
	
Vault ALIF Locking Cap 13mm
	
$85.00

	
10-1002-15
	
Vault ALIF Locking Cap 15mm
	
$85.00

	
10-1002-17
	
Vault ALIF Locking Cap 17mm
	
$85.00

	
10-1002-19
	
Vault ALIF Locking Cap 19mm
	
$85.00

	
 
	
 
	
 

	
10-4020
	
Vault ALIF Self Drilling Variable Screw 40mm X 20mm
	
$165.00

	
10-4025
	
Vault ALIF Self Drilling Variable Screw 40mm X 25mm
	
$165.00

	
10-4030
	
Vault ALIF Self Drilling Variable Screw 40mm X 30mm
	
$165.00

	
10-4035
	
Vault ALIF Self Drilling Variable Screw 40mm X 35mm
	
$165.00

	
 
	
 
	
 

	
 
	
 
	
 

	
10-C3208-11
	
Vault ALIF Peek Cage 32mm X 11mm 8” Lordosis
	
$1,340.00

	
10-C3208-13
	
Vault ALIF Peek Cage 32mm X 13mm 8” Lordosis
	
$1,340.00

	
10-C3208-15
	
Vault ALIF Peek Cage 32mm X 15mm 8” Lordosis
	
$1,340.00

	
10-C3208-17
	
Vault ALIF Peek Cage 32mm X 17mm 8” Lordosis
	
$1,340.00

	
10-C3208-19
	
Vault ALIF Peek Cage 32mm X 19mm 8” Lordosis
	
$1,340.00

	
 
	
 
	
 

	
10-C3215-11
	
Vault ALIF Peek Cage 32mm X 11mm 15” Lordosis
	
$1,340.00

	
10-C3215-13
	
Vault ALIF Peek Cage 32mm X 13mm 15” Lordosis
	
$1,340.00

	
10-C3215-15
	
Vault ALIF Peek Cage 32mm X 15mm 15” Lordosis
	
$1,340.00

	
10-C3215-17 
	
Vault ALIF Peek Cage 32mm X 17mm 15” Lordosis
	
$1,340.00

	
10-C3215-19
	
Vault ALIF Peek Cage 32mm X 19mm 15 “ Lordosis
	
$1,340.00

	
 
	
 
	
 

	
10-C3908-11
	
Vault ALIF Peek Cage 39mm X 11mm 8” Lordosis
	
$1,340.00

	
10-03908-13
	
Vault ALIF Peek Cage 39mm X 13mm 8” Lordosis
	
$1,340.00

	
10-C3908-15
	
Vault ALIF Peek Cage 39mm X 15mm 8” Lordosis
	
$1,340.00

	
10-C3908-17
	
Vault ALIF Peek Cage 39mm X 17mm 8” Lordosis
	
$1,340.00

	
10-C3908-19
	
Vault ALIF Peek Cage 39mm X 19mm 8” Lordosis
	
$1,340.00

	
 
	
 
	
 

	
10-C3915-11
	
Vault ALIF Peek Cage 39mm X 11mm 15” Lordosis
	
$1,340.00

	
10-C3915-13
	
Vault ALIF Peek Cage 39mm X 13mm 15” Lordosis
	
$1,340.00

	
10-C3915-15
	
Vault ALIF Peek Cage 39mm X 15mm 15” Lordosis
	
$1,340.00

	
10-C3915-17
	
Vault ALIF Peek Cage 39mm X 17mm 15” Lordosis
	
$1,340.00

	
10-C3915-19
	
Vault ALIF Peek Cage 39mm X 19mm 15” Lordosis
	
$1,340.00

	
 
	
 
	
 

	
10-P3208-11P
	
Vault ALIF Plate 32mm X 11mm 8” Lordosis
	
$1,340.00

	
10-P3208-13P
	
Vault ALIF Plate 32mm X 13mm 8” Lordosis
	
$1,340.00

	
10-P3208-15P
	
Vault ALIF Plate 32mm X 15mm 8” Lordosis
	
$1,340.00

	
10-P3208-17P
	
Vault ALIF Plate 32mm X 17mm 8” Lordosis
	
$1,340.00

- 14 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
10-P3208-19P
	
Vault ALIF Plate 32mm X 19mm 8” Lordosis
	
$1,340.00

	
 
	
 
	
 

	
10-P3215-11P
	
Vault ALIF Plate 32mm X 11mm 15” Lordosis
	
$1,340.00

	
10-P3215-13P
	
Vault ALIF Plate 32mm X 13mm 15” Lordosis
	
$1,340.00

	
10-P3215-15P
	
Vault ALIF Plate 32mm X 15mm 15” Lordosis
	
$1,340.00

	
10-P3215-17P
	
Vault ALIF Plate 32mm X 17mm 15” Lordosis
	
$1,340.00

	
10-P3215-19P
	
Vault ALIF Plate 32mm X 19mm 15” Lordosis
	
$1,340.00

	
10-P3908-11P
	
Vault ALIF Plate 39mm X 11mm 8” Lordosis
	
$1,340.00

	
10-P3908-13P
	
Vault ALIF Plate 39mm X 13mm 8” Lordosis
	
$1,340.00

	
10-P3908-15P
	
Vault ALIF Plate 39mm X 15mm 8” Lordosis
	
$1,340.00

	
10-P3908-17P
	
Vault ALIF Plate 39mm X 17mm 8” Lordosis
	
$1,340.00

	
10-P3908-19P
	
Vault ALIF Plate 39mm X 19mm 8” Lordosis
	
$1,340.00

	
10-P3915-11P
	
Vault ALIF Plate 39mm X 11mm 15” Lordosis
	
$1,340.00

	
10-P3915-13P
	
Vault ALIF Plate 39mm X 13mm 15” Lordosis
	
$1,340.00

	
10-P3915-15P
	
Vault ALIF Plate 39mm X 15mm 15” Lordosis
	
$1,340.00

	
10-P3915-17P
	
Vault ALIF Plate 39mm X 17mm 15” Lordosis
	
$1,340.00

	
10-P3915-19P
	
Vault ALIF Plate 39mm X 19mm 15” Lordosis
	
$1,340.00

	
 
	
 
	
 

	
ACIF05-05P
	
ACIF Peek 5” - 5mm
	
$615.00

	
ACIF05-06P
	
ACIF Peek 5” - 6mm
	
$615.00

	
AC I F05-07P
	
ACIF Peek 5” - 7mm
	
$615.00

	
ACIF05-08P
	
ACIF Peek 5” - 8mm
	
$615.00

	
ACIF05-09P
	
ACIF Peek 5” - 9mm
	
$615.00

	
ACIF05-10P
	
ACIF Peek 5” - 10mm
	
$615.00

	
ACIF05-11P
	
ACIF Peek 5” - 11mm
	
$615.00

	
ACIF05-12P
	
ACIF Peek 5” - 12mm
	
$615.00

	
 
	
 
	
 

	
ACIF10-05P
	
ACIF Peek 10” - 5mm
	
$615.00

	
ACIF10-06P
	
ACIF Peek 10” - 6mm
	
$615.00

	
ACIF10-07P
	
ACIF Peek 10” - 7mm
	
$615.00

	
ACIF10-08P
	
ACIF Peek 10” - 8mm
	
$615.00

	
ACIF10-09P
	
ACIF Peek 10” - 9mm
	
$615.00

	
ACIF10-10P
	
ACIF Peek 10” - 10mm
	
$615.00

	
ACIF10-11P
	
ACIF Peek 10” - 11mm
	
$615.00

	
ACIF10-12P
	
ACIF Peek 10” - 12mm
	
$615.00

	
 
	
 
	
 

	
ALIF0826-09P
	
ALIF Peek Cage, 8”,26mm x 9mm
	
$1,285.00

	
ALIF0826-11P
	
ALIF Peek Cage, 8”,26mm x 11mm
	
$1,285.00

	
AL IF0826-13P
	
ALIF Peek Cage, 8”,26mm x 13mm
	
$1,285.00

	
ALIF0826-15P
	
ALIF Peek Cage, 8”,26mm x 17mm
	
$1,285.00

	
AL IF0826-17P
	
ALIF Peek Cage, 8”,26mm x 21mm
	
$1,285.00

	
 
	
 
	
 

	
ALIF1526-11P 
	
ALIF Peek Cage, 15”, 26mm x 11mm
	
$1,285.00

	
 
	
 
	
 

	
ALIF1526-13P
	
ALIF Peek Cage, 15”, 26mm x 13mm
	
$1,285.00

	
ALIF1526-15P
	
ALIF Peek Cage, 15”, 26mm x 15mm
	
$1,285.00

- 15 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
ALIF1526-17P
	
ALIF Peek Cage, 15”, 26mm x 17mm
	
$1,285.00

	
ALIF1526-19P
	
ALIF Peek Cage, 15”, 26mm x 19mm
	
$1,285.00

	
ALIF1526-21P
	
ALIF Peek Cage, 15”, 26mm x 21mm
	
$1,285.00

	
 
	
 
	
 

	
ALIF0832-09P
	
ALIF Peek Cage, 8”, 32mm x 9mm
	
$1,285.00

	
ALIF0832-11P
	
ALIF Peek Cage, 8”, 32mm x 11mm
	
$1,285.00

	
ALIF0832-13P
	
ALIF Peek Cage, 8”, 32mm x 13mm
	
$1,285.00

	
ALIF0832-15P
	
ALIF Peek Cage, 8”, 32mm x 15mm
	
$1,285.00

	
ALIF0832-17P
	
ALIF Peek Cage, 8”, 32mm x 17mm
	
$1,285.00

	
 
	
 
	
 

	
ALIF1532-11P
	
ALIF Peek Cage, 15”, 32mm x 11mm
	
$1,285.00

	
ALIF1532-13P
	
ALIF Peek Cage, 15”, 32mm x 13mm
	
$1,285.00

	
ALIF1532-15P
	
ALIF Peek Cage, 15”, 32mm x 15mm
	
$1,285.00

	
ALIF1532-17P
	
ALIF Peek Cage, 15”, 32mm x 17mm
	
$1,285.00

	
ALIF1532-19P
	
ALIF Peek Cage, 15”, 32mm x 19mm
	
$1,285.00

	
ALIF1532-21P
	
ALIF Peek Cage, 15”, 32mm x 21mm
	
$1,285.00

	
 
	
 
	
 

	
ALIF0839-09P
	
ALIF Peek Cage, 8”, 39mm x 9mm
	
$1,285.00

	
ALIF0839-11P
	
ALIF Peek Cage, 8”, 39mm x 11mm
	
$1,285.00

	
ALIF0839-13P
	
ALIF Peek Cage, 8”, 39mm x 13mm
	
$1,285.00

	
ALIF0839-15P
	
ALIF Peek Cage, 8”, 39mm x 15mm
	
$1,285.00

	
AL IF0839-17P
	
ALIF Peek Cage, 8”, 39mm x 17mm
	
$1,285.00

	
ALIF0839-19P
	
ALIF Peek Cage, 8”, 39mm x 19mm
	
$1,285.00

	
ALIF0839-21P
	
ALIF Peek Cage, 8”, 39mm x 21mm
	
$1,285.00

	
ALIF1539-11P
	
ALIF Peek Cage, 15”, 39mm x 11mm
	
$1,285.00

	
ALIF1539-13P
	
ALIF Peek Cage, 15”, 39mm x 13mm
	
$1,285.00

	
ALIF1539-15P
	
ALIF Peek Cage, 15”, 39mm x 15mm
	
$1,285.00

	
ALIF1539-17P
	
ALIF Peek Cage, 15”, 39mm x 17mm
	
$1,285.00

	
ALIF1539-19P
	
ALIF Peek Cage, 15”, 39mm x 19mm
	
$1,285.00

	
ALIF1539-21P
	
ALIF Peek Cage, 15”, 39mm x 21mm
	
$1,285.00

	
 
	
 
	
 

	
PLIF22-08P
	
PLIF Peek Cage, 22mm x 8mm
	
$910.00

	
PLIF22-09P
	
PLIF Peek Cage, 22mm x 9mm
	
$910.00

	
PLIF22-10P
	
PLIF Peek Cage, 22mm x10mm
	
$910.00

	
PLIF22-11P
	
PLIF Peek Cage, 22mm x11mm
	
$910.00

	
PLIF22-12P
	
PLIF Peek Cage, 22mm x 12mm
	
$910.00

	
PLIF22-13P
	
PLIF Peek Cage, 22mm x 13mm
	
$910.00

	
PLIF22-14P
	
PLIF Peek Cage, 22mm x 14mm
	
 

	
PLIF22-15P
	
PLIF Peek Cage, 22mm x 15mm
	
 

	
PLIF22-16P
	
PLIF Peek Cage, 22mm x 16mm
	
 

	
 
	
 
	
 

	
PLIF22-08P
	
PLIF Peek Cage, 25mm x 8mm
	
$910.00

	
PLIF22-09P
	
PLIF Peek Cage, 25mm x 9mm
	
$910.00

	
PLIF22-10P
	
PLIF Peek Cage, 25mm x 10mm
	
$910.00

	
PLIF22-11P
	
PLIF Peek Cage, 25mm x 11mm
	
$910.00

	
PLIF22-12P
	
PLIF Peek Cage, 25mm x 12mm
	
$910.00

- 16 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
PLIF22-13P
	
PLIF Peek Cage, 25mm x 13mm
	
$910.00

	
PLIF22-14P
	
PLIF Peek Cage, 25mm x 14mm
	
$910.00

	
PLIF22-15P
	
PLIF Peek Cage, 25mm x 15mm
	
$910.00

	
PLIF22-16P
	
PLIF Peek Cage, 25mm x 16mm
	
$910.00

	
 
	
 
	
 

	
26-221005-08
	
Wide PLIF Cage Peek 5 deg 8mm x 22mm
	
$910.00

	
26-221005-10
	
Wide PLIF Cage Peek 5 deg 10mm x 22mm
	
$910.00

	
26-221005-12
	
Wide PLIF Cage Peek 5 deg 12mm x 22mm
	
$910.00

	
26-221005-14
	
Wide PLIF Cage Peek 5 deg 14mm x 22mm
	
$910.00

	
26-221005-16
	
Wide PLIF Cage Peek 5 deg 16mm x 22mm
	
$910.00

	
 
	
 
	
 

	
26-251005-08
	
Wide PLIF Cage Peek 5 deg 8mm x 25mm
	
$910.00

	
26-251005-10
	
Wide PLIF Cage Peek 5 deg 10mm x 25mm
	
$910.00

	
26-251005-12
	
Wide PLIF Cage Peek 5 deg 12mm x 25mm
	
$910.00

	
26-251005-14
	
Wide PLIF Cage Peek 5 deg 14mm x 25mm
	
$910.00

	
26-251005-16
	
Wide PLIF Cage Peek 5 deg 14mm x 25mm
	
$910.00

	
 
	
 
	
 

	
TLIF24-06P
	
TILF Peek Cage, 24mm x 6mm
	
$1,075.00

	
TLIF24-07P
	
TILF Peek Cage, 24mm x 7mm
	
$1,075.00

	
TLIF24-08P
	
TILF Peek Cage, 24mm x 8mm
	
$1,075.00

	
TLIF24-10P
	
TILF Peek Cage, 24mm x 10mm
	
$1,075.00

	
TLIF24-12P
	
TILF Peek Cage, 24mm x 12mm
	
$1,075.00

	
TLIF24-14P
	
TILF Peek Cage, 24mm x 14mm
	
$1,075.00

	
TLIF24-16P
	
TILF Peek Cage, 24mm x 16mm
	
$1,075.00

	
 
	
 
	
 

	
TLIF24-06P
	
TILF Peek Cage, 30mm x 6mm
	
$1,075.00

	
TLIF24-07P
	
TILF Peek Cage, 30mm x 7mm
	
$1,075.00

	
TLIF24-08P
	
TILF Peek Cage, 30mm x 8mm
	
$1,075.00

	
TLIF24-10P
	
TILF Peek Cage, 30mm x 10mm
	
$1,075.00

	
TLIF24-12P
	
TILF Peek Cage, 30mm x 12mm
	
$1,075.00

	
TLIF24-14P
	
TILF Peek Cage, 30mm x 14mm
	
$1,075.00

	
TLIF24-16P
	
TILF Peek Cage, 30mm x 16mm
	
$1,075.00

	
 
	
 
	
 

	
38-2907
	
TPLIF Convex Peek Cage, 29 x 7mm
	
$1,075.00

	
38-2908
	
TPLIF Convex Peek Cage, 29 x 8mm
	
$1,075.00

	
38-2909
	
TPLIF Convex Peek Cage, 29 x 9mm
	
$1,075.00

	
38-2910
	
TPLIF Convex Peek Cage, 29 x 10mm
	
$1,075.00

	
38-2911
	
TPLIF Convex Peek Cage, 29 x 11mm
	
$1,075.00

	
38-2912
	
TPLIF Convex Peek Cage, 29 x 12mm
	
$1,075.00

	
38-2913
	
TPLIF Convex Peek Cage, 29 x 13mm
	
$1,075.00

	
38-2914
	
TPLIF Convex Peek Cage, 29 x 14mm
	
$1,075.00

	
38-2915
	
TPLIF Convex Peek Cage, 29 x 15mm
	
$1,075.00

	
38-2916
	
TPLIF Convex Peek Cage, 29 x 16mm
	
$1,075.00

	
 
	
 
	
 

	
7-2907
	
TPLIF Peek Cage, 29 x 7mm
	
$1,075.00

	
7-2908
	
TPLIF Peek Cage, 29 x 8mm
	
$1,075.00

- 17 -

 

 

			
	
Item Number
	
Description
	
Discount
Price

	
7-2909
	
TPLIF Peek Cage, 29 x 9mm
	
$1,075.00

	
7-2910
	
TPLIF Peek Cage, 29 x 10mm
	
$1,075.00

	
7-2911
	
TPLIF Peek Cage, 29 x 11mm
	
$1,075.00

	
7-2912
	
TPLIF Peek Cage, 29 x 12mm
	
$1,075.00

	
7-2913
	
TPLIF Peek Cage, 29 x 13mm
	
$1,075.00

	
7-2914
	
TPLIF Peek Cage, 29 x 14mm
	
$1,075.00

	
7-2915
	
TPLIF Peek Cage, 29 x 15mm
	
$1,075.00

	
7-2916
	
TPLIF Peek Cage, 29 x 16mm
	
$1,075.00

	
 
	
 
	
 

	
23-EC1845-08
	
LLIF Peek Cage, 18mm x 45mm x 8mm
	
$535.00

	
23-EC1845-10
	
LLIF Peek Cage, 18mm x 45mm x 10mm
	
$535.00

	
23-EC1845-12
	
LLIF Peek Cage, 18mm x 45mm x 12mm
	
$535.00

	
23-EC1845-14
	
LLIF Peek Cage, 18mm x 45mm x 14mm
	
$535.00

	
 
	
 
	
 

	
23-EC2245-08
	
LLIF Peek Cage, 22mm x 45mm x 8mm
	
$695.00

	
23-EC2245-10
	
LLIF Peek Cage, 22mm x 45mm x 10mm
	
$695.00

	
23-EC2245-12
	
LLIF Peek Cage, 22mm x 45mm x 12mm
	
$695.00

	
23-EC2245-14
	
LLIF Peek Cage, 22mm x 45mm x 14mm
	
$695.00

	
 
	
 
	
 

	
23-EC1850-08
	
LLIF Peek Cage, 18mm x 50mm x 8mm
	
$535.00

	
23-EC1850-10
	
LLIF Peek Cage, 18mm x 50mm x 10mm
	
$535.00

	
23-EC1850-12
	
LLIF Peek Cage, 18mm x 50mm x 12mm
	
$535.00

	
23-EC1850-14
	
LLIF Peek Cage, 18mm x 50mm x 14mm
	
$535.00

	
 
	
 
	
 

	
23-EC2250-08
	
LLIF Peek Cage, 22mm x 50mm x 8mm
	
$695.00

	
23-EC2250-10
	
LLIF Peek Cage, 22mm x 50mm x 10mm
	
$695.00

	
23-EC2250-12
	
LLIF Peek Cage, 22mm x 50mm x 12mm
	
$695.00

	
23-EC2250-14
	
LLIF Peek Cage, 22mm x 50mm x 14mm
	
$695.00

	
 
	
 
	
 

	
23-EC1855-08
	
LLIF Peek Cage, 18mm x 55mm x 8mm
	
$535.00

	
23-EC1855-10
	
LLIF Peek Cage, 18mm x 55mm x 10mm
	
$535.00

	
23-EC1855-12
	
LLIF Peek Cage, 18mm x 55mm x 12mm
	
$535.00

	
23-EC1855-14
	
LLIF Peek Cage, 18mm x 55mm x 14mm
	
$535.00

	
 
	
 
	
 

	
23-EC2255-08
	
LLIF Peek Cage, 22mm x 55mm x 8mm
	
$695.00

	
23-EC2255-10
	
LLIF Peek Cage, 22mm x 55mm x 10mm
	
$695.00

	
23-EC2255-12
	
LLIF Peek Cage, 22mm x 55mm x 12mm
	
$695.00

	
23-EC2255-14
	
LLIF Peek Cage, 22mm x 55mm x 14mm
	
 

 

- 18 -fzmd-ex1028_96.htm

EXHIBIT 10.28

FH Ortho

Distributor Agreement

DISTRIBUTOR
AGREEMENT

This Agreement is entered into to be effective as of January 1st, 2016 by and between FH Ortho, Inc., 4118 N. Nashville Avenue, Chicago, IL 60634 (the "Company") and CPM Medical Consultants, LLC, 1565 N. Central Expressway, Suite 200, Richardson, TX 75080 ("Distributor"). 

RECITALS:

A.The Company and Distributor desire to establish a relationship in which the Company will sell and Distributor will purchase and resell the Company's products specified herein to customers located within the territory specified herein.

B.The Company and Distributor seek to assure a thorough understanding of the obligations assumed by each.

AGREEMENT:

In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

1.  Exclusive Distributor.

a.  Appointment as Distributor. Subject to the terms and conditions of this Agreement, the Company hereby grants Distributor the exclusive right to purchase the products listed on Exhibit A attached hereto, as may be amended from time to time by written agreement of the parties to add additional products (the "Products") for resale to customers located in the geographical territory described on Exhibit B attached hereto (the "Territory") for use within the field of orthopedic I sport surgery (the "Field"). The Company shall have the right to discontinue any of the Products, to make Product improvements and to materially change the design of the Products. The Company agrees to provide Distributor with reasonable advance notice of such discontinuances, improvements or changes in design.

b.  Exclusiveness. The parties agree that the "exclusive" nature of the foregoing appointment prohibits the Company from itself selling the Products in the EXCLUSIVE Territory for use within the Field and from granting any third party the right to sell the Products in the EXCLUSIVE Territory for use within the Field. Expansion of additional and EXCLUSIVE territory is based upon mutual discussion and agreement.

c.  Non-Exclusiveness. In the State of Texas and Louisiana there are non-exclusive areas where the company may sell product through itself or other third party entities. Notification by the 

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

Company to the Agent will be provided prior to such selling arrangements being put in place. These non-exclusive areas are areas where minimal or no sales have been recorded for the past YEAR.

d.  Sales Outside Distributor's Assigned Territory. Distributor agrees not to market, promote, sell or deliver, directly or indirectly, any of the Products outside of the Territory without written consent from the Company. Distributor shall direct to the Company all orders and inquires it receives concerning the Products from parties outside of the Territory. Distributor shall not be entitled to any compensation should a sale result to a party outside of the Territory as a result of any inquiries the Distributor directs to the Company.

e.  Leads. The Company agrees to forward to Distributor any orders or requests for information it may receive regarding the Products from a person who is located within the Territory.

2.  Purchase of Products.

a.  Placement of Orders. Distributor shall order the Products by delivering a written purchase order to the Company by mail, email or fax. Orders shall be binding upon the Company only upon its written acceptance or upon shipment of the Products.

b.  Terms and Conditions. This Agreement sets forth the exclusive contract terms between the parties and shall apply to all orders for the Products. The Company rejects any terms in any order forms submitted by Distributor or other Distributor documents which are different from or additional to the provisions hereof and no such terms shall be binding upon the Company notwithstanding the Company's acceptance and shipment of Products ordered in Distributor's orders containing such terms.

3.  Prices and Payment.

a.  Prices. The prices for the Products payable by Distributor to the Company shall be the Company's standard distributor list prices that are in effect at the time Distributor submits its order to the Company. The current standard distributor price list of the Products is attached as Exhibit C to this Agreement. . The Company shall have the right to change the standard distributor price list not more than once every 12-month period. The Company shall provide Distributor at least 30 days written notice in advance of the effective date of the new price list. The Company will honor the previous pricing for orders received prior to the effective date of the new price list provided that the orders are for not more than a 60 days supply of Products based on the Distributor's prior 6 months Product purchases. The company will not increase prices more than 3% per year.

b.  Taxes: Shipping Costs. All prices are quoted F.O.B. the Company's Chicago, Illinois facility. Distributor shall pay any and all taxes, fees, duties or other governmental charges and for any and all shipment and shipping insurance costs

c.  Payment. Distributor shall make all payments in U.S. dollars to the Company's Chicago, Illinois facility by the thirtieth (30th) day after the date of the Company's invoice. If payment is received within 10 days of invoice, a 2% (two) discount will be applied to that invoice not including shipping charges. These payment terms will not apply to Distributor until the Company 

2

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

has received the credit information requested from Distributor, which may include financial statements of the Distributor, bank references, trade references and other similar information as requested by the Company, that provides the Company with reasonable assurance of payment. Distributor shall provide additional credit information from time to time as requested by the Company to verify its creditworthiness. The Company reserves the right, without liability to Distributor, to refuse to ship additional Products and to otherwise suspend performance under this Agreement if at any time (a) the Distributor fails to provide such requested information to provide the Company reasonable assurance of payment or (b) the Distributor is delinquent in payment of Products previously shipped.

d.  Late Payment Fee/Collection Costs. Any amounts not paid by Distributor when due will be subject to a late payment fee computed daily at a rate equal one percent (1.0%) per month or at the highest rate permitted under applicable usury law, whichever is lower. In addition, Distributor shall be liable to the Company for all costs incurred by the Company in its collection of any amounts owing by Distributor which are not paid when due, including reasonable attorneys' fees and expenses, regardless whether an actual lawsuit is commenced.

4.  Delivery. Shipment and Inspection.

a.  Delivery and Shipment. The Company shall deliver the Products to the carrier specified by Distributor in its purchase order at dock of the Company's Chicago, Illinois facility.

b.  Inspection. Distributor shall inspect all Products immediately after arrival and shall notify the Company in writing within ten (10) days after receipt of any shortages, nonconformance with the purchase order or any other failure under this Agreement. Any shortages, or other failures under this Agreement not reported within such ten (10) Day period shall be forever waived by Distributor.

c.  Delivery Dates. All delivery dates for the Products are best estimates based upon prevailing conditions when given and the Company shall not be in breach of this Agreement or otherwise liable to Distributor if it fails to meet any delivery dates.

d.  Force Majeure. The Company shall not be liable to Distributor for any delay or failure of delivery or other performance caused in whole or in part by any contingency beyond the Company's reasonable control, including without limitation, acts of God, acts of any government or any agency or subdivision thereof, any acts of terrorism, or shortage or inability to secure labor, fuel, energy, raw materials, supplies or machinery at reasonable prices from regular Sources. The Company shall have the right to allocate Products between its various distributors and customers during a period of shortages without incurring any liability whatsoever to Distributor for those products supplied by Company on consignment basis. All products having been sold to Distributor and paid for by Distributor shall be void of the aforementioned shortage allocation plan.

5.  Minimum Purchase Requirement.

a.  Initial Requirements. Distributor agrees to order, accept delivery of and make payment in full for the number of Products set forth on Exhibit D attached hereto during the time period set forth on such Exhibit (the "Initial Minimum Purchase Requirements"). If Distributor fails to meet the Initial Minimum Sales Requirement or any Minimum Purchase Requirement established for 

3

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

any future period during the term of this Agreement as provided in subparagraph b below, the Company shall have the right to terminate this Agreement by providing Distributor thirty (30) days notice of termination. If the Company chooses not to terminate this Agreement due to the failure of Distributor to achieve the Minimum Purchase Requirements for a given period, the shortfall will be added to the Minimum Purchase Requirement for the subsequent period.

b.  Establishment of Future Requirements. The parties agree to meet and negotiate in good faith to establish Minimum Purchase Requirements for any future period during the term of this Agreement that is not established in Exhibit D at the time of execution of this Agreement. If the parties are unable to agree on Minimum Purchase Requirements for any future period of this Agreement at least thirty (30) days prior to the expiration of the current Minimum Purchase Requirement period, either party shall have the right to terminate this Agreement by delivery of sixty (60) days written notice to the other party.

c.  Product Expiration Guarantee. Company agrees to sell to Distributor only product with a minimum of 3-year term to expiration. If product expiration is less than 3 years at the time of sale by Company to Distributor, Distributor has the right to exchange product at no cost or liability within I year of the initial acquisition.

d.  Resterilization of any metal implant will be charged to Distributor at the Company's cost to do such.

6.  Company's Duties. The Company agrees to perform the following duties at its own expense:

a.  Product Literature. The Company shall furnish Distributor reasonable quantities of sales literature and other sales material developed by the Company for use in the sale and promotion of the Products. The Company reserves the right to charge a reasonable purchase price on specific sales material and excessive quantities of sales materials, as determined by the Company from time to time.

b.  Product Information Seminars. The Company shall provide, from time to time, seminars in the proper application and use of the Products for Distributor and its employees or Agents.

The parties shall mutually agree upon the location of such seminars. The cost of conducting such seminars shall be paid for by the Company and all other costs associated therewith, including travel, food and lodging expenses, shall be paid by Distributor.

c.  Limited Warranty.

(i)  Limited Warranty. The Company warrants to Distributor that the Products will be free from defects in materials and workmanship at the time of shipment of the Products to Distributor (the "Limited Warranty"). The Company's SOLE OBLIGATION and Distributor's SOLE REMEDY in the event of a defect covered by this warranty will be, at Company's option, to (a) replace the defective Product, or (b) refund to Distributor the purchase price paid by Distributor for such defective Product.

(ii)  Warranty Procedure. In order to recover under this Limited Warranty, Distributor must contact the Company and receive written authorization for return of any 

4

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

Product it alleges is defective. Distributor must return the alleged defective Product in accordance with the Company's RMA procedures. If the Company determines that the Product is defect and elects to replace the defective Product, all freight and insurance costs for shipping the replacement Product shall be paid by the Company. ANY

UNAUTHORIZED SHIPMENT OR SHIPMENT CONTRARY TO COMPANY'S INSTRUCTIONS WILL VOID THIS LIMITED WARRANTY. The Company will solely determine final disposition of any warranty claim.

(iii)  Limited Warranty Exclusions. THIS LIMITED WARRANTY DOES NOT COVER ANY LOSS CAUSED BY CARELESS HANDLING OF THE PRODUCT. THIS LIMITED WARRANTY ALSO SHALL NOT APPLY TO ANY PRODUCT WHICH HAS BEEN DAMAGED IN TRANSIT, ABUSED, ALTERED, MODIFIED, USED IN A MANNER NOT ORIGINALLY INTENDED, OR USED IN A MANNER NOT CONSISTENT WITH THE PRODUCT INSTRUCTIONS.

(iv)  Disclaimers. THE LIMITED WARRANTY SET FORTH ABOVE IS IN LIEU OF ALL WARRANTIES EXPRESS, IMPLIED OR STATUTORY, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF   MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT, AND WARRANTIES ARISING FROM COURSE OF DEALING, USAGE OF TRADE OR OTHERWISE.

(v)  Limited Remedies. THE REMEDIES SET FORTH IN THIS LIMITED WARRANTY ARE THE ONLY REMEDIES AVAILABLE TO DISTRIBUTOR OR ANY PERSON CLAIMING THROUGH DISTRIBUTOR FOR BREACH OF WARRANTY. COMPANY SHALL NOT HAVE ANY LIABILITY TO ANY PERSON FOR INCIDENTAL, CONSEQUENTIAL, INDIRECT OR SPECIAL DAMAGES OF ANY DESCRIPTION, WHETHER ARISING OUT OF WARRANTY (INCLUDING ANY IMPLIED WARRANTIES) OR ANY OTHER CONTRACT, NEGLIGENCE OR OTHER TORT OR OTHERWISE.

d.  Insurance. The Company shall maintain products liability insurance coverage with respect to design, development and manufacture of the Products in amounts no less than One Million Dollars ($1,000,000) per incident with a maximum of Two Million Dollars ($2,000,000) per year, and shall furnish Distributor with written evidence of such coverage upon request.

7.  Distributor's Duties. Distributor agrees to perform reasonable best efforts in the following duties at its own expense:

a.  Promotion of Products. Distributor agrees to devote its best efforts to promote the sale of and stimulate interest in the Products in the Territory. Without limiting the generality of the foregoing, Distributor shall investigate and follow-up on any and all inquiries from potential customers within the Territory, however generated, and shall promptly handle all correspondence and personal contacts as required with such potential customers in pursuing such leads. Distributor will be expected to exhibit at trade shows, train surgeon customers in the use of the Products.

b.  Personnel. Distributor will hire and maintain personnel with sufficient technical expertise and knowledge of the Products to train customers in the use of the Products. Distributor 

5

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

shall be solely responsible for hiring, training, compensation, termination and all other matters relating to any persons, companies or corporations employed by Distributor for any reason whatsoever.

c.  Marketing Plan. Distributor agrees to submit to the Company, for its approval, a marketing plan and to submit revisions to such plan to the Company for its approval every sixe months during the term of this Agreement. Distributor agrees to carry our its marketing efforts in   substantial compliance with the marketing plan as approved by the Company. The initial marketing plan, as approved by the Company, is set forth on Exhibit E attached hereto.

d.  Inventory. Distributor will at all times maintain an inventory of the Products sufficient to meet reasonably anticipated orders in the Territory.

e.  Altering Company's Products, Instruments. Literature or Packaging. Distributor agrees not to alter, in any way, the Company's Products, the Product packaging or labeling or Product literature without the express, prior written approval of the Company. All promotional or marketing literature or documentation relating to the Products prepared by Distributor shall be subject to the prior written approval of the Company and may not be used without such approval having first been obtained.

f.  Reports. Distributor agrees to submit to the Company all reports reasonably requested by the Company, including, without limitation, inventory reports, which will reflect beginning and ending inventory levels of all Products.

g.  Product Warranties. Distributor shall not make any warranty or representation as to the Products or promise any remedies or return policies relating thereto which is different from or in addition to the warranties, representations, remedies and return policies contained in the Company's Written Product literature, Product packaging inserts and/or online policies, as amended from time to time by the Company.

h.  Permits and Licenses. Distributor shall obtain all necessary governmental and other permits and licenses which may be required for Distributor to promote and sell the Products in the Territory

i.  Laws and Regulations. Distributor shall conform to all applicable laws and regulations and to the highest business ethics in performing its obligations in accordance with the terms of this Agreement.

j.  Competitive Products. During the term of this Agreement, Distributor agrees not to sell, handle, promote or be involved, directly or indirectly, in the offering for sale, promotion or manufacture of any product, which competes with the Products in the Territory without the Company's prior written approval.

k.  Doctor Training. Distributor will ensure that each doctor/surgeon using the Products is properly trained in its use. If requested by the Company, Distributor shall confirm such training through use of a signed surgeon training agreement or such other confirmation method as requested by the Company.

6

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

l.  Incident Report. Distributor shall advise the Company of any incident of which Distributor becomes aware that involves or may involve the malfunction of the Product. Notice shall be as soon as possible and in no event later than five (5) business days from the date upon which Distributor becomes aware of such incident.

m.  Customer Complaints and Service Requirements. Distributor shall use its reasonable and best efforts to resolve all customer complaints relating to the quality of services provided by Distributor in conjunction with the Products in a manner consistent with the Company's commitment for exceptional customer service. Distributor agrees to report to the Company any customer complaints.

n.  Product Tracking. Distributor shall maintain a system in place to track each Product. Such system will, at a minimum, be able to identify a Product to its final destination and shall have recall procedures in place, which facilitate locating each Product, shipped in the event customer notifications or product modifications are required. Such reports shall include at least the following:

(i)  Customer name and purchase order number

(ii)  Address where products were delivered 

(iii)  Date of sale

(iv)  Lot or serial number (if applicable)

(v)  Company product number

(vi)  Quantities sold

Upon termination or expiration of this Agreement, Distributor shall, at the Company's request, deliver all records relating to the location of Products to the Company.

o.  o.Recall. If Company, any governmental agency or other proper authority issues a product recall of any of the Products, Distributor agrees to fully cooperate with Company (i) in promptly contacting any purchasers which Company desires to be contacted during the course of any such recall, (ii) in promptly communicating to such purchasers such information or instructions as Company may desire be transmitted to such purchasers, (iii) in obtaining the removal of all such recalled Products from Distributor's inventory and the inventory of its customers and (iv) in disposing of such recalled Product as Company so directs. Company agrees to reimburse Distributor for all direct out-of-pocket costs and expenses actually incurred by Distributor as a result of securing the removal of and disposing of such recalled Products as requested by Company.

p.  Insurance. Distributor shall carry general liability, products liability and property damage insurance covering all hazards, injuries, losses or damages caused by or arising out of the possession or sale of the Products by Distributor in such amounts and with such reputable insurance companies as the Company shall reasonably approve. Distributor shall provide the Company with insurance certificates evidencing its insurance coverage.

7

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

q.  Ownership. Distributor represents and warrants that it has accurately disclosed to the Company its ownership structure and that no person or entity that is a competitor of the Company owns ten percent or more of the Distributor. Distributor agrees to notify the Company in writing of any change in its ownership within fifteen (15) days of the effective date of such change.

8.  Trademarks. Patents and Use of Name. Distributor acknowledges that it has no right, title or interest in any of the Products, nor in any patents, patent applications, trade secrets, trademarks, trade names, service marks, knowhow or copyrights applicable thereto. Distributor recognizes the Company's exclusive ownership and right, title and interest in and to all of the Company's trademarks and trade names (whether or not registered in the Territory) used in connection with the Products. Distributor acknowledges that the Company is not by this Agreement granting any right or license whatsoever, by implication, estoppel or otherwise, to Distributor to utilize any patents, patent applications, trade secrets, trademarks, trade names, service marks, knowhow or copyrights which the Company may have or may secure in the future relating to any of the Products. Distributor agrees not to use the Company's name, any other similar name or any other trademark of the Company except in advertising, pamphlets, letterhead or other media promotion of the Products, which is approved in writing by the Company prior to its use or dissemination. Distributor may not use the Company s name or any of the Company's trademarks in its corporate or business name, or in any other manner, which the Company deems adverse to its interests.

a.  Custom Device Development and Intellectual Property Ownership. Any intellectual property generated via the specific development of a specific custom product on behalf of a specific customer or by the Distributor will be shared between the company, the costumer and the distributor as follows 50% for the company developing, 25% for the distributor and 25% for the customer (surgeon).

9.  Confidential Information.

a.  Definition. "Confidential Information" means any information or compilation of information which is proprietary to the Company and which relates to its existing or reasonably foreseeable business, including, but not limited to, trade secrets and information contained in or relating to product designs, manufacturing methods, processes, techniques, tooling, sales techniques, marketing plans or proposals, existing or potential customer lists and all other customer information. Information shall be treated as Confidential Information irrespective of its source and all information, which the Company identifies as being "confidential" or "trade secret" shall be presumed to be Confidential Information. Confidential Information shall not include information which: (I) was in the public domain at the time it was disclosed; (ii) enters the public domain other than by breach of this Agreement; (iii) is known to the receiving party at the time of its disclosure; (iv) is disclosed to the receiving party without restriction by a third party who has the right to do so; or (v) is developed by the receiving party independently of any information disclosed hereunder.

b.  Nondisclosure. During the term of this Agreement and at all times thereafter , Distributor agrees to hold in strictest confidence and to never disclose, furnish, communicate, make accessible to any person or use in any way for Distributor's own or another's benefit any Confidential Information or permit the same to be used in competition with the Company. Distributor agrees to 

8

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

refrain from such acts and omissions, which would reduce the value of the Confidential Information to the Company.

10.  Independent Contractor.

a.  Relationship. Distributor is and shall remain an independent contractor and is not and shall not be deemed to be an employee, joint venture, partner or franchisee of the Company for any purpose whatsoever. Accordingly, Distributor shall be exclusively responsible for the manner in which it performs its duties under this Agreement and for the profitability or lack thereof of its activities under this Agreement. All financial obligations associated with Distributor's business is the sole responsibility of Distributor. Distributor does not have, and shall not represent itself as having, any right or authority to obligate or bind the Company in any manner whatsoever.

b.  Employee Obligations. Distributor shall be solely responsible to its own employees for any compensation due them and for compliance with all applicable laws with respect to workmen's compensation, withholding taxes, unemployment compensation, social security payments, and any other charges against compensation imposed by any governmental authority as to Distributor's own employees.

11.  Indemnification. Distributor and Company shall indemnify each other and hold each other harmless from any and all loss, damage, liability, cost or expense (including reasonable attorneys' fees and expenses) which either may incur or suffer as a result of any claim of any kind whatsoever arising out of (a) any act or omission by Distributor or any of its agents or employees which violates this Agreement; (b) any claim for breach of representation based upon any representation given or purportedly given by Distributor, its agents or employees which is different from or in addition to written representations contained in the Company's Product literature, as amended from time to time; (c) any third party claim for personal injury, damage, economic loss or other damage, caused by or arising out of the use of the Products proximately caused by or resulting from the negligence of Distributor, its agents or employees; (d) any claim or demand arising from the employment or engagement by Distributor of any person or entity and (e) the failure of Distributor to pay amounts in respect of taxes which the Distributor is required to pay under this Agreement or in relation to the resale of the Products.

12.  Term. This Agreement shall remain in force for a period of three (3) years commencing on the Effective Date, unless sooner terminated under the provisions of Section 13 below. This Agreement may only be renewed after the expiration of its original term by the mutual written agreement of both parties hereto.

13.  Termination. This Agreement may be terminated prior to the expiration of its term pursuant to any of the following provisions:

a.  Failure to Meet Minimum Purchase Requirements. The Company may terminate this Agreement in accordance with the provisions of Section 5(a) if Distributor fails to meet any Minimum Purchase Requirement.

b.  Failure to meet Future Minimum Purchase Requirements.  Either party shall have the right to terminate this Agreement with notice in accordance with the provisions of Section 5(b) if the parties are unable to agree on future Minimum Purchase Requirements.

9

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

c.  Breach of Agreement. Either party may terminate this Agreement by delivery of written notice to the other party ifthe other party breaches any ofthe terms and conditions of this Agreement; provided, however, if the breach is curable such notice shall not be effective unless and until such breach remains uncured for a period of thirty (30) days after delivery of such notice.

d.  Change in Management. The Company may terminate this Agreement at any time effective upon delivery of written notice to Distributor if the ownership of Distributor should change so that ten percent (10%) or more of the Distributor is owned by a competitor of the Company.

e.  Insolvency. Either party may terminate this Agreement effective immediately upon delivery of written notice to the other party, if the other party (i) ceases to actively conduct its business, (ii) files a voluntary petition for bankruptcy or has filed against it an involuntary petition for bankruptcy, (iii) becomes unable to pay its debts as they become due, (iv) makes a general assignment for the benefit of its creditors or (v) applies for the appointment of a receiver or trustee for substantially all of its property or assets or permits the appointment of any such receiver or trustee who is not discharged within thirty (30) days of such appointment.

f.  Change in Company Ownership.  If a transfer of greater than or equal to 51% equity stake of the Company to any outside party (not related to current shareholder) and if this agreement is terminated for any reason other than distributor not reaching its quotas, distributor wil I be compensated with an indemnity equal to its last 6 months revenue.

14.  Obligations Upon Termination. Following expiration or termination of this Agreement for any reason, the following provisions shall apply:

a.  Return of Samples and Confidential Information. Distributor shall within ten (10) days after request by the Company, return to the Company all sample Products and copies of Product literature and materials and all documents or copies thereof containing any Confidential Information of the Company.

b.  Payment Obligations. Distributor shall promptly pay when due any amounts owing to the Company on orders of the Products accepted by the Company prior to the effective date of expiration or termination.

c.  Repurchase of Product Inventory. The Company shall have the option, exercisable in its sole discretion, to repurchase from Distributor (or arrange to have a distributor of the Company purchase from Distributor) any current, non-damaged Product inventory with preemption date of at least 6 months. Current, non-damaged products with a preemption date of less than one year but more than six months may be purchased back with a 20% restocking charge. The Company shall pay to Distributor the price, which is equal to the lesser of (I) the Distributor's original purchase price or (2) a price, which reflect the condition and marketability of the Products. If the Company chooses to repurchase (or have its other distributor repurchase) the Distributor's product inventory, (I) Distributor shall cease further marketing and distribution of the Products, except to fulfill sales for which it was contractually committed prior to the expiration or termination of this Agreement and (ii) Distributor shall discontinue any and all use of any of the Company's logos, trademarks and trade names and any of the Company's Confidential Information.

10

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

d.  Sale of Non-purchased Inventory. Distributor shall have the right to sell any Products in its inventory which are not repurchased by the Company (or its designated distributor) as provided in subparagraph c above, for a period of one hundred twenty (120) days after the effective date of expiration or termination of this Agreement.

e.  Continued Sales By Company. The sale of Products to Distributor by the Company after expiration or termination of this Agreement shall in no manner constitute or be deemed a renewal or extension of this Agreement nor the appointment, retention or reappointment of Distributor as a distributor of Products in the Territory or el s e w here.

f.  Continuing Obligations. The rights and obligations of parties under Sections 9 —Confidential Information, 1 1 - Indemnification, 13 —Obligations Upon Termination and 15 —General Provisions herein shall survive the expiration and termination ofthis Agreement and shall continue in full force and effect.

15.  General Provisions.

a.  Notices. Any notice required or permitted to be given under this Agreement shall be deemed delivered (I) when received if delivered by hand, (ii) the next business day if placed with a reputable express carrier for delivery during the morning of the following business day, or (iii) three (3) days after depositing in the U.S. mails for delivery by registered or certified mail, return receipt requested, postage prepaid and addressed to the appropriate party at the address set forth on the first page of this Agreement. If either party should change its address for notice purposes, such party shall give written notice of the other party of the new address in the manner set forth above, but any such notice shall not be effective until actually received by the addressee.

b.  Modification and Waiver. No purported amendment, modification or waiver of any provision hereof shall be binding unless set forth in a writing signed by both parties (in the case of amendments and modifications) or by the party to be charged thereby (in the case of waivers). Any waiver shall be limited to the circumstance or event specifically referenced in the written waiver document and shall not be deemed a waiver of any other term of this Agreement or of the same circumstance or event upon any recurrence thereof.

c.  Assignment. Distributor or Company shall not assign, transfer or sell all or any part of its rights or obligations hereunder, by operation of law or otherwise, without the prior written consent of the Company. This Agreement shall be binding upon and inure to the benefit of any successor or assignee.

d.  Severability and Interpretation. In the event that a court of competent jurisdiction holds a provision of this Agreement invalid, the remaining provisions shall nonetheless be enforced in accordance with their terms. Further, in the event that any provision is held to be overbroad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to applicable law and shall be enforced as amended.

e.  LIMITATION OF REMEDY. THE COMPANY SHALL HAVE NO LIABILITY TO DISTRIBUTOR OR ANY OTHER PARTY FOR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY DESCRIPTION, WHETHER ARISING OUT OF 

11

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

WARRANTY OR OTHER CONTRACT, NEGLIGENCE OR OTHER TORT, OR OTHERWISE.

f.  Controlling Law. This Agreement shall be governed by, construed and interpreted in accordance with the laws of the State of Illinois, without application of its conflict of laws provisions.

g.  Entire Agreement. This Agreement, together with the Exhibits, constitutes the entire Agreement between the parties and supersedes any and all prior and contemporaneous oral or written understandings between the parties relating to the subject matter hereof.

The parties have executed this Agreement in the manner appropriate to each to be effective the day and year entered on the first page hereof.

	
	
FH ORTHOPEDICS, INC.

	
(The “Company”)

	
Jim Hook, Managing Director

	
CPM MEDICAL CONSULT, LCD 

	
("Distributor")

	
131 1 McLaughlin, CPA 

	
Chief Financial Officer

 

 

 

12

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

Exhibits 

	
A.
	
Products

	
B.
	
Territory

	
C.
	
Prices

	
D.
	
Minimum Purchase Requirements

 

 

 

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

EXHIBIT A

Products

The Arrow Universal Shoulder Prosthesis 

CoLS Classic ACL Reconstruction System 

Calcanail Calcaneal Fracture Nail

 

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

EXHIBIT B

Territory

Exclusive: 

The following Counties EAST and NORTH of the line, inclusive, in the State of Texas:

Hardeman, Foard. Knox, Haskell, Jones, Taylor, Coleman, Brown, Mills, Lampasas, Coryell, Bell Milani, Robertson, Leon, Houston, Trinity, Angelina, San Augustine and Sabine with the exception of Bowie County (Texarkansas) in the far Northeast corner of the State.

Non-Exclusive: 

All of the counties in the State of Texas and Louisiana not noted in the "EXCLUSIVE" territory listed above.

 

 

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

EXHIBIT 
C

The attached price list is in effect from the present time until September 30, 2016. A 3% price increase will be implemented on October 1, 2016 and will be in effect for 1 year until October 1, 2017.

2015-16 CPM Medical Consultants, LLC

Effective through September 30’ 2016-GS

V5 CoLS instrument set

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

 

17

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

 

 

18

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

 

19

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

 

20

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

21

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

 

 

22

 

Distribution Agreement FH Orthopedics, Inc — CPM Medical Consultants

EXHIBIT D

The quota for the FY 2015-16 is $807,100.00. The minimum purchase requirements for the same period is 75% of the $807,100 or $605,325. The minimum purchase requirements reflect an 18% increase over the prior year.

 

21/21

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00293-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00293-of-00352.parquet"}]]