Sales in United States...YGYI will have the right to use Products for promotional purposes on the Amazon Platform in USA. The Parties will explore ways of working with IWH’s existing broker to maximise sale of both Parties’ products through Amazon subject to clause 1.3 above.
Sales outside USA
YGYI and IWH will jointly look to develop distribution for their products in all markets outside the USA.
The parties will agree the funding of the development of the product and therefore the ownership on a case by case basis. The cost of development is not expected to be very high.
IWH sells Icelandic Glacial® premium bottled water in a variety of formats (Products) in the United States through its master distributor Anheuser Busch – Inbev. (ABI);
YGYI sells a range of dietary supplements through a multi-level marketing platform in the US and Internationally, has developed a range of Cannabidiol (CBD) products and is looking for a partner with which to launch ready to drink CBD products...
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