EX-10.10 13 aena_ex1010.htm DISTRIBUTION AGREEMENT aena_ex1010.htm
EXHIBIT 10.10
 
 
DISTRIBUTION AGREEMENT
 
MARCOS LENCOVSKI
DBA
NATALIE'S WHOLESALE
("Herein after referred to as the "Distributor-)
 
GIGANTIC PARFUMS, LLC.
Tax Id #27-0996199
 
Herein after referred to as the "Company")
 
THIS AGREEMENT (this "Agreement") is made as of the 28 day of June, 2011 by and between Gigantic Parfums LLC., a Florida corporation having an office located at 1250 E Hallandale Beach Blvd. Suite 402, Hallandale Beach, Florida 33009 ("Gigantic') and Marcos Lencovski dba Natalie's Wholesale.
 
WHEREAS. GP LLC is engaged in the business of conceiving, developing and branding fragrances and related products
 
WHEREAS, GP LLC is a party to that certain Exclusive License Agreement executed as of June 2011 pursuant to which GP has licensed from July Moon Productions Inc., LLC o/b/o Selena Gomez certain worldwide rights to create, conceive of, develop. produce. manufacture. impact. design, market, sell and distribute fragrances for men. women and children. and related products embodying the trademark -Selena Gomez" (collectively, the "Products"): GP LLC
 
NOW, THEREFORE. the parties hereto hereby agree as follows:
 
ARTICLE I
 
APPOINTMENT
 
GP hereby appoints Marcos Lencovski the ("Distributor"), the sole distribution for Selena Gomez .50 oz/15m1 spray and 4 pc gift set (3.4 oz, 4 oz body lotion, 4 oz shower gel, .50 oz/15m1 purse spray) worldwide during the term of this Agreement.
 
ARTICLE II
TERM
 
 
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1. Term. The term of this Agreement shall commence on the date hereof and shall continue for a period of three (3) years starting on the ship date of May 2012 or when the first shipment occurs with automatic annual renewal terms of one (1) year under the same conditions under this agreement unless GP decides to discontinue production of the product.
 
ARTICLE III
 
PRICES; PAYMENT; ORDER; EXCHANGE
 
1. Prices Payment. The price payable to Gigantic Parfums by Marcos Lencovski provided under this Agreement (collectively) for the Products shall be as set forth on Schedule A hereto (the "Prices"). Marcos Lencovski dba Natalie's Wholesale agrees to pay to Gigantic all invoiced amounts (by check ) upon receipt of invoice. All payments shall be made in U.S. Dollars.
 
First Order. Marcos Lencovski dba Natalie's Wholesale agrees to purchase Five- Hundred $500,000.00 from Gigantic Parfums LLC on June 27. 2011. Gigantic Parfums will grant Natalie's wholesale a 9% cash discount off the invoice amount equaling $45,000.00. Gigantic Parfums is obligated to fulfill Natalie's purchase order in the amount of $500,000 within the 1 year after the first ship date, unless Natalie's request different.
 
·
Gigantic Parfums LLC will grant Natalie's Wholesale a credit for the amount paid of the "First order" if Natalie's wholesale decides to cancels and/or changes the order. In the event Natalie's Wholesale cancels and/or changes the order. GP will exchange the dollar amount for Selena Gomez or Katy Perry's regular perfume products. Natalie's Wholesale will give GP 30 days written notice of such exchange.
 
1. Modification
 
No modification or waiver of any of the terms of this Agreement shall be allowed unless by written agreement signed by both parties. No waiver of any breach or default hereunder shall be deemed a waiver of any subsequent breach or default of the same or similar nature.
 
Binding Effect
 
Except as otherwise provided in this Agreement, all of the covenants, conditions, and provisions of this Promissory Note shall be binding upon the parties hereto and their respective heirs, personal representatives, executors, administrators, successors, and assigns.
 
 
2
 
 
Governing Law
 
This distribution agreement will be construed in accordance with and governed by the laws of the State of Florida.
 
The parties hereby indicate by their signatures below that they have read and agree with the terms and conditions of this Agreement in its entirety.
 
Distributor: Natalie's Wholesale
 
  Signature:  
       
    ----Marcos Lencovski  
     
 
Company: Gigantic Parfums. L.LC.
  
     
  Signature:  
       
    Ilia Lekach  
     
  Dated: June 28, 2011  
 
 
 
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Schedule A
 
Selena Gomez Fragrances
 
Women
"Selena" by Selena Gomez
 
REEERENCE
  
DESCRIPTION
  
US SUGGESTED RETAIL
    
EXPORT PRICE
  
WOMEN
                
                   
1.5.15.80  
3.4 oz/100ML EDP SPRAY
     555.00    
113.25'
  
15.13.80  
1.7 oz/50ML EDP SPRAY
     545.00       311.25  
15.12.80  
1 oz/30 ml EDP SPRAY
     532.00    
sasoo'
  
15.10.80  
.50 oz/15m1 EDP SPRAY
     525.00       13.50  
                     
GIFT SETS
                    
1531.40  
3.4 oz/ 100m1 Spray. 120m1 Shower gel. 120m1 body lotion. 15ml purse spray
     555.00       518.00  
                     
 
COLLATERAL
      
VALUE
  
15.15.82  
3.4 oz EDP TESTER
     58.00  
14.01.83  
3m) EDP SPRAY VIAL ON CARD IPPK SO)
  
525.00'
  
14.01_84
  
BLOTTER CARDS PPR of 100
  
54.00'
  
14.10_84
  
SHOPPING BAGS (PPR 25)
     525.00  
16.50.85  
TESTER DISPLAY UNIT
     525.00  
 
 
4
 
 
Jeffrey Grieshaber 
 
Irom: rudford hamon <rudford@giganticparfums.com>
 
Jent: Thursday, August 16, 2012 11:25 AM
 
To: Jeffrey Grieshaber
 
Cc: Richard Hoffman
 
Subject: Re-assignment Agreement
 
Dear Jeffrey,
 
I am the President of Gigantic Parfums, LLC and Chief Operating Officer and Vice President of Adrenalina dba ID Perfumes. Gigantic Parfums, LLC hereby assigns its Selena Gomez product agreement for Selena Gomez 4pc set with Marcos Lencovski to Adrenalina dba ID Perfumes. The agreement entered between Gigantic Parfums, LLC and Marcos Lencovski for the Selena Gomez 4pc set was solely for the benefit of Adrenalina dba ID Perfumes.
 
The re-assignment of this agreement shall become effective as of June 28, 2011.
 
Regards, Rudford
 
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