PURCHASE FRAMEWORK AGREEMENT.docx
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PURCHASE FRAMEWORK AGREEMENT.docx
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PURCHASEFRAMEWORKAGREEMENT
ENGLISHTRANSLATIONOFTHEEXCLUSIVEPURCHASEFRAMEWORKAGREEMENT
Exhibit10.9
Exclusive
Purchase
Framework
Agreement
PartyA:
GuangzhouVipshopComputerServiceCo.,Ltd
PartyB:
GuangzhouVipshopInformationTechnologyCo.,Ltd
ContractNo.:
1
ExclusivePurchaseFrameworkAgreement
BETWEEN:
PartyA:
Name:
GuangzhouVipshopComputerServiceCo.,Ltd
Address:
Tel:
Fax:
Attn:
AND
PartyB:
Name:
GuangzhouVipshopInformationTechnologyCo.,Ltd
Address:
Tel:
Fax:
Attn:
VenueofSignature
Guangzhou,China
DateofSignature
,2011
Scope of Application
A. PartyAanditssubsidiariesatdifferentplacesshallsupplycommoditiesorrenderservicestoPartyBanditssubsidiariespursuanttothisAgreement;and
B. PartyBanditssubsidiariesshallpurchasecommoditiesorservicesfromPartyAanditssubsidiariesatdifferentplacespursuanttothisAgreement
BackgroundfortheSigningofthisAgreement
A.
PartyA,awhollyforeignownedenterpriseregisteredinChina,hasstrongresourcesofcommodityandservicesuppliers,inalliancewithitscargowarehousingsitesinKunshan,Chengdu,Beijingandothermajorcities.PartyA,togetherwithitssubsidiariesspreadingatdifferentplacesthroughoutChina,canformastrongnationwideallocationanddeliverynetwork.Inaddition,PartyAalsohassoundhumanandorganizationresourcesinsuchaspectsasIT,R&Dandconsumerdataanalysis;
B.
PartyB,adomesticlimitedliabilitycompanyregisteredinChina,mayengageinnetworksalesbusinessinaccordancewithrelevantPRClaws.Ithasitsowndomainname,trademarkandwebsitecustomers;and
C.
Inabidtodevelopasharpcompetitivenessintheareaofe-commerce,PartyAandPartyBenterintoastrategiccooperationrelationshipbyrelyingupontheirownrespectiveadvantages,whichistosay,PartyAwillutilizeitsstrongcommoditychannelsandwarehousingandlogisticscapacitytoorganizethesourcesofcommoditiesandprovidethecorrespondingallocationanddeliveryservices,whilePartyBwillfocusonthefront-endwebsitemaintenanceandcustomerservice.
2
Inconsiderationwhereof,PartyAandPartyBenterintotheExclusivePurchaseFrameworkAgreementasfollowsthroughamicableconsultations:
1.
OrderingandSupplyofGoods
1.1.
PartyAwillpurchaseallthecommoditiesorservicesforsaleatPartyB’swebsitefromavarietyofsuppliers.
1.2.
DuringtheeffectivetermofthisAgreement,PartyBoritsbranchesshallestablishordersaccordingtotheorderingdemandsofwebsiteusers,anddelivertheorderstoPartyAoritslocalsubsidiariesthroughPartyA’sauthorizedrepresentatives;PartyAoritslocalsubsidiariesshall,within3daysafterreceivingtheorders,sortoutthegoodslistedintheordersfromPartyA’swarehouse,packageanddeliverthemtothewebsiteusers.
1.3.
Thepurchaseordersmustclearlyspecifythepurchaseprice,quantity,categoryofcommodities,deliveryaddressandsuchotherbasicinformation.
1.4.
AllthepurchaseordersshallbeacceptedbyPartyA.PartyAreservesitsrighttorejectanypurchaseorderatitsowndiscretion.
1.5.
ThepricepaidbyPartyBtopurchasethecommoditieswillincludethevalue-addedtax(VAT).PartyBagreesthatPartyAmayunilaterallyadjuststhepurchasepriceofthecommoditiesatanytime,providedthatsuchpriceadjustmentsshalltakeeffectimmediatelyuponthewrittennoticeofpurchasepriceadjustmentsisdeliveredtoPartyB.
1.6.
TheownershipandrisksofthecommoditieslistedinthepurchaseordershallbetransferredtoPartyBwhenPartyAacceptsthepurchaseorder,completesthesortingandpackagingoftheorderedcommoditiesforallocation,andthegoodsdepartfromPartyA’swarehouse.
1.7.
PartyAshallbeexemptedfromanyliabilitiesfor,buthastoactivelygivePartyBfeedback,PartyA’sfailuretoperformordelayinperforminganyacceptedorderduetocausesbeyondthereasonablecontrolofPartyA.
1.8.
AfterPartyBobtainstheownershipofthepurchasedgoodspursuanttoArticle1.6hereof,itmaydecidetoreturnthegoodsatitsownoptionatanytime,andPartyAwillunconditionallyacceptPartyB’srequestofgoodsreturnandrefundPartyBthecorrespondingpaymentalreadymadebyPartyB.
1.9.
PartyAmay,totheextentpermitted,grantPartyBwithalicensetousealltheintellectualpropertyrightsinconnectionwiththepurchasedcommoditiesforitssaleofthecommoditiespurchased,whichshallbeotherwisespecifiedinthepurchaseorder.
2.
Representations,UndertakingsandWarranties
2.1.
PartyArepresents,warrantsandundertakestoPartyBthat:
2.1.1.PartyAisacompanydulyincorporatedandvalidlyexistingunderthelawsofPRC;
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2.1.2.PartyA’sexecutionandperformanceofthisAgreementfallswithinitscorporatepowerandbusinessscope;requisitecorporateactshavebeentakenandappropriateauthorityhasbeenobtainedfortheexecutionofthisAgreement;and
2.1.3.thisAgreementconstitutesalegitimate,validandbindingobligationofPartyAandmaybeenforcedagainstPartyAaccordingtoitsterms.
2.2.
PartyBrepresents,warrantsandundertakestoPartyAthat:
2.2.1.PartyBisacompanydulyincorporatedandvalidlyexistingunderthelawsofPRC,havinganypermits,approvalsorqualificationsrequiredbyPRClawsasnecessarytocarryoutwholesaleandretailbusinessinChina;
2.2.2.PartyB’sexecutionandperformanceofthisAgreementfallswithinitscorporatepowerandbusinessscope;requisitecorporateactshavebeentakenandappropriateauthorityhasbeenobtainedfortheexecutionofthisAgreement;anynecessarythirdpartyconsentsandapprovalshavebeenobtained;theexecutionandperformanceofthisAgreementwillnotviolatethelawsorotherrestrictionsbywhichPartyBisboundoraffected;and
2.2.3.thisAgreementconstitutesalegitimate,validandbindingobligationofPartyBandmaybeenforcedagainstParty Baccordingtoitsterms.
3.
QualityRequirementsoftheGoods
3.1.
Inordertomeetthequalityrequirements,theproductsshall:
3.1.1.befreeofanyhazardsendangeringthepersonalandpropertysafety,andareinconformitywiththeStateandtheindustrialstandardsintendedtosafeguardthepersonalhealth,personalandpropertysafety;
3.1.2.havetheusefunctionsassignedtothem,andhaveexplainedthedefectsintheusefunctions,ifany;and
3.1.3.meetthestandardsspecifiedasadoptedstandardsontheproductsortheirpackages,beinconformitywiththequalitysituationdescribedinsuchformsasadvertisements,productdescription,samples,etc.
3.2.
Themarkingsontheproductsorthepackagesaretrueand:
3.2.1.havecertificatesprovingthequalityoftheproductshavesuccessfullypassedtheinspections;
3.2.2.specifyinChinesetheproductname,manufactureranditsaddress;
3.2.3.specifyinChinesetheproductspecifications,grade,nameandcontentofmainingredientsifsoneededtobespecifiedaccordingtothecharacteristicsanduserequirementsoftheproducts;indicateontheexternalpackageorprovidetheconsumerswithrelevantinformationinadvanceifsuchinformationneedstobelearntbytheconsumersinadvance;
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3.2.4.clearlyindicatethedateofproductionandthesafeperiodofuseorthedaywhentheproductsceasetheeffectonthoseproductswithlimitedperiodofuse;and
3.2.5.bearwarningmarkorwarningexplanationsinChineseforthoseproductsthatmay,ifinappropriatelyused,easilycausedamagetotheproductsthemselvesorendangerthepersonalorpropertysafety.
3.3.
PartyAundertakesthatithasnever:
3.3.1.adulteratedthecommoditiesormixedthecommoditieswithothersubstances,passedoffthefalseproductsasgenuine,replacedthequalityproductswithinferiorones,orreplacedthequalityproductswithunqualifiedones;
3.3.2.producedthecommoditiesexpresslyorderedbytheStatetobeeliminated,orsoldthecommoditiesthathavelosteffectorgonebad;
3.3.3.falsifiedtheplaceoforiginofthecommodities,falsifiedorusedthemarksofcertification,famousandhigh-qualityproductsandsuchothermarkswithoutauthorization;or
3.3.4.failedtoinspectorquarantinethesoldcommoditiesthatshouldbeinspectedorquarantined,orfalsifiedtheresultsofinspectionorquarantine.
3.4.
ThefoodssuppliedbyPartyAshallbeinconformitywithhygienestandards,thestapleandcomplementaryfoodsdedicatedtoinfantsandbabiesshallmeetthenutritionandhygienestandards,andthesuppliedfoodadditives,foodcontainers,packagingmaterials,toolsandequipmentforfoods,andthedetergentsanddisinfectorsshallmeetthehygienestandardsandbeincompliancewiththeprovisionsofhygieneadministrationmethods.
3.5.
ThecommoditiesprovidedbyPartyAshallnotinfringeuponanotherperson’scopyrightortherightsrelatedthereto.
3.6.
PartyAguaranteesthatthecommoditiesprovidedtoPartyBforitssaleareallauthenticproducts,nofakeproductsarecontained,donotinfringeuponanotherperson’sexclusiverightsofregisteredtrademark,andthatthesourcesofthecommoditiesarelegitimate,authenticandwithoutviolationofanyrelevantlawsandregulations.ShouldPartyB’susersreturnthecommoditiesprovidedbyPartyAduetothenon-complianceofthecommoditieswiththequalitystandardsoftheState,Pa
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