Costco Partner Program

Operating Contract

After friendly negotiation, the two parties reached the following agreement on the cooperation of the mall:

During the cooperation period:

1. Responsibilities of Party A

1. Party A shall provide sufficient suppliers and commodities for cooperation.

2. Party A needs to provide security and transportation work, as well as all industrial and commercial taxes and transportation fees.

It includes: packaging, installation, after-sales, transportation, public relations, etc.

3. Party A needs to ensure the normal operation of logistics and transportation, and is responsible for the safety of goods and staff.

In the event of man-made damage, theft, or damage to items, Party A shall be fully responsible for all of them, and shall compensate according to the price.

2. Responsibilities of Party B

1. Party B needs to provide the cost of goods and maintain the buyer (customer relationship) of the mall.

2. Party B guarantees good personal credit.

3. Party B must process the order within 48 hours.

3. Breach of contract

1. In case of special circumstances, it shall be resolved through negotiation and agreement between the two parties.

2. If affected by policies, special circumstances and poor business conditions, Party B shall bear the corresponding responsibilities.

3. Both parties must strictly abide by the provisions of the contract. If one party breaches the contract, either party shall be liable or compensated.

4. It becomes effective on the date of signature.