Mobile Stockiest Agreement

MOBILE STOCKIEST AGREEMENT

This Agreement, entered into by and between

NEW LIFE UNIVERSAL NEHEMIAH CORPORATION, a corporation duly organized and registered under the laws of the Philippines with address at Corner McArthur and Olongapo Gapan Road, Dolores, City of San Fernando, Pampanga, represented wherein by its President/ CEO PASTOR ARTURO S. CANTOS and hereinafter referred to as New Life

And

EDUARDO  CANSINO  TORRES , of legal age, single/ married and a resident of # 336 ADHALIA ST., GRACE VILLAGE, TAMBUBONG, SAN RAFAEL, BULACAN  and hereinafter referred to as Mobile Stockiest Operator this 8th of October, 2009.

WITNESSETH

WHEREAS, New Life is a networking company engaged in the sale and distribution of health and wellness and other consumer products through independent business contractors;

WHEREAS, to broaden its distribution network, New Life has adopted a program to appoint key distributors in different areas of the country as Operator of Mobile Stockiest;

WHEREAS, Applicant has indicated the desire to become a Mobile Stockiest Operator and New Life has favorably considered such application;

NOW, THEREFORE, for and in consideration of the foregoing premises, New Life hereby appoints the Applicant as a company Mobile Stockiest Operator under the following terms and conditions:

1. 1. Eligibility as a Mobile Stockiest Operator

1.1  The Operator must be a good moral character with no derogatory records

in the files of police and other law enforcement agencies;

1.2  The Operator must be financially capable of paying the required cash

( P25,000.00 – twenty five thousand pesos ) for the value of

products given by New Life;

1.3  The Operator or his/her appointed manager must attend the required

trainings to be given by  New Life.

1. 2. Setting Up the Mobile Stockiest Center

2.1  Operator is not required to set up the physical facilities for seminars & selling

of products. A small space in his/her residence is enough, just to ensure the

availability of the products among his/her members and cross lines.

2.2  New Life shall provide corporate signage for the Mobile Stockiest Operator;

2.3  Operator shall ensure the availability of products at all times.

1. 3. Operating Guidelines

3.1  Operator shall receive and process product orders in accordance with

standard procedures prescribed and using only authorized forms provided

by New Life;

3.2  Totals and breakdowns of sales shall be reported daily/weekly by Operator

either through fax or e-mail, including a copy of the bank deposit slip

corresponding to the total sales for the day/week. Hard copies of orders

processed and served shall be forwarded to nearest New Life Service Center on the

next working day following the end of each week for encoding in New Life’s

central files;

3.3 All transactions regarding the Mobile Stockiest shall be reported to the nearest

Service Center Operator;

3.4 Mobile Stockiest Operator is not allowed to engage in any direct selling or

networking company or any form of business to secure the standards and quality of

New Life.

1. 4. Benefits of a Mobile Stockiest

4.1 Mobile Stockiest Operator is entitled on the following benefits:

4.1.1. P50.00 outright commission for every entry of P4, 999.00 purchased

Directly from the nearest Service Center Operator.

4.1.2. And a 3% overriding commission for every repeat sales to be given by the

Service Center Operator.

4.2. As an additional income to sustain the expenses of the Mobile Stockiest Operator,

He/she is also given a right to put a mark up in selling of the following

Company paraphernalia’s:

4.2.1. Brochures (marketing plan, product)

4.2.2. Calling cards

4.2.3. Tarpaulins

4.2.4. Clear book

4.2.5. CD’s etc.

4.2.6. Application Forms

4.2.7. T-shirts, jackets,

4.2.8. Mugs

4.2.9. Caps etc.

1. 5. The Value of P25,000.00

5.1. 1 set of Package 1 —————————————— P 4,999.00

5.2. 1 set of Package 2 —————————————— P 4,999.00

5.3. 1 set of Package 3 —————————————— P 4,999.00

5.5. 13 bottles of moringa juice worth of ——————– P10,400.00

5.5. 1 pc tarpaulin ————————————————P    150.00

TOTAL ———————————————————— P 25,547.00

1. 6. Territorial and boundaries of Operations

6.1 There is no territorial and boundaries of operations for the Mobile Stockiest

Operator.

1. 7. Audit

5.1  New Life shall conduct stock inventory counts and cash audits of

Operator’s business transactions at any time by giving the latter advance

notice of the schedule/s of such counts and / or audits;

1. 8. Termination of Contract

6.1  New Life may terminate this agreement at anytime for any violation by the

Operator Policies, rules and regulations governing the operation of Mobile

Stockiest Operator; Operator may terminate the same by giving New Life thirty

days notice; In the event of any termination.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures on the date and place above written.

MOBILE STOCKIEST OPERATOR                NEW LIFE UNIVERSAL

NEHEMIAH CORPORATION

PASTOR ARTURO CANTOS

President / CEO

SIGNED IN THE PRESENCE OF: