SEC Contract Filing

Filing Date: 2020-03-24

Document Content:
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<TYPE>EX-10.6
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<FILENAME>exhibit10-6.htm
<DESCRIPTION>EXHIBIT 10.6
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 <title>Leatt Corp: Exhibit 10.6 - Filed by newsfilecorp.com</title>
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 <p style="text-align: right;"><b><font style="color: #ec0928;">Leatt Corporation</font></b></p>
 <p style="text-align: right; margin-bottom: 0pt;"><b>EIN. </b>20-281-9367</p>
 <p style="text-align: right; margin-top: 0pt;"><b>Email: </b>info@leatt.com | <b>Web: </b>www.leatt.com</p>
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 <p style="text-align: justify;"><b><u>2020/2021: LEATT&#174; GENERAL BUSINESS TERMS AND CONDITIONS:</u></b></p>
 <p style="text-align: justify;">By placing an order with Leatt Corporation, the Purchaser shall become an official Distributor of Leatt Corporation (further referred to herein as &#8220;Distributor&#8221;).</p>
 <p style="text-align: justify;">The Distributor hereby acknowledges that they have read, understood and agrees to be bound by these Terms and Conditions.</p>
 <p style="text-align: justify;">It is stipulated that the Distributor may make a backup copy or print these Terms and Conditions of Sale, providing that it is not modified.</p>
 <p style="text-align: justify;">These Terms and Conditions come into effect as from 1st February 2020. Leatt Corporation reserves the right to change these Terms and Conditions without notice and at any time. The Terms and Conditions which were applicable when the Distributor made their Order, will apply to their Order.</p>
 <p style="text-align: justify;">These Terms and Conditions and any of its Annexures shall apply to the exclusion of any other document.</p>
 <p style="text-align: justify;">For clarity, Products includes (but is not limited to) the finished goods, components, packaging and all Leatt company products as listed and described in the companies official catalog, online or otherwise, or as included in any other specificed list of represented products or models manufactured and or designed and sold by the Owner, including all trade marks and confidential information relating thereto.</p>
 <p style="text-align: justify;">For clarity, Moto Order / MTB Order means the dates by which a Distributor must place an order by in order to be included and considered as a Distributor of Leatt Products. These dates will vary from time to time.</p>
 <p style="text-align: justify;">Furthermore, it will be compulsory for all Distributors to attend the annual Distributor Conference hosted by Leatt annually. Should the Distributor not attend the conference, they will be terminated as a distributor immediately without further notice.</p>
 <p style="text-align: justify;">Territory means for clarity, such area (country, jurisdiction, continent or otherwise) as agreed from time to time in writing between the parties as being incorporated herein.</p>
 <p style="text-align: justify; margin-bottom: 0pt;"><b>Relationship:</b></p>
 <p style="text-align: justify; margin-top: 0pt;">The Distributor shall be entitled, during the term of the Distributorship created by these Terms and Conditions and any extension thereof, to advertise and hold itself out as an authorized Distributor of the Products<b>.</b></p>
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 <p style="text-align: right;"><b><font style="color: #ec0928;">Directors:</font></b></p>
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 <p style="text-align: right;">1</p>
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 <p style="text-align: left;">Effective 1<sup>st </sup>February 2020</p>
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 <p style="text-align: right;">Dr. Christopher James Leatt| Jeffrey Joseph Guzy | Sean Macdonald</p>
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 <p style="text-align: right;"><b><font style="color: #ec0928;">Leatt Corporation</font></b></p>
 <p style="text-align: right; margin-bottom: 0pt;"><b>EIN. </b>20-281-9367</p>
 <p style="text-align: right; margin-top: 0pt;"><b>Email: </b>info@leatt.com | <b>Web: </b>www.leatt.com</p>
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 <p style="text-align: justify;">The Distributor agrees to comply with and cause any distribution or other persons appointed by it to comply with all applicable laws, rules, regulations and/or guidelines in the Territory relating to the use, storage, handling, transportation, marketing, advertisement, distribution, sale, transfer and/or disposal of the Products as well as with these Terms and Conditions and, agrees to keep complete and accurate records with respect to any and all products purchased from Leatt Corporation and sold by the Distributor in the Territory and commit and adhere to the high standards of operation including the standards that may be prescribed by the Leatt Corporation from time to time.</p>
 <p style="text-align: justify; margin-bottom: 0pt;"><b>Tr