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RESELLER AGREEMENT

Welcome to Hemplucid Resell

Thank you for your interest in becoming a Reseller of the best whole-plant CBD on the market. At Hemplucid, we are driven by our belief that hemp-derived products have tremendous benefits for humankind. Clinical research into CBD is routinely affirming this position. Our mission is to ensure that we are providing the purest cannabinoid products, commensurate with the latest innovations in chemistry, culture, and manufacturing. As the industry continues its rapid evolution, we hope you’ll be with Hemplucid every step of the way, learning, growing, and becoming increasingly active in a very important cause.


Questions?

If you have any questions at all regarding this agreement please contact Hemplucid’s Distribution Manager:
Tyler Hatch ([email protected]) or calling 385-203-8556 ext. 1002


General Terms of Agreement

This Resell Agreement (hereinafter, the “Agreement”), is made and entered into by and between Hemplucid, and “Reseller” (hereinafter, “Reseller”).
Reseller wishes to sell and promote Hemplucid products in their store.


HEMPLUCID AND RESELLER RESPONSIBILITIES

Reseller must maintain a current business license certificate (or state equivalent) on file and provide a copy, with Tax ID, to Hemplucid. Reseller must have a functioning URL that is owned by the entity applying for the resell account and/or proof (e.g., a picture and physical address) of a brick and mortar store. Hemplucid will deliver inventory to the Reseller, as agreed. Hemplucid is not involved in the actual transaction between the Reseller and the Customer.  Reseller will be responsible for providing exemplary customer service to all actual and potential customers, including taking reasonable measures to respond to all customer inquiries.
Hemplucid is not the agent of either the Reseller or the Customer.


Notice of Defects / Returns

The Reseller must make any claims of defects, including but not limited to those related to shortages, quality, or specification, within the first 7 days after the receipt of merchandise.

Hemplucid cannot be responsible for shortages when shipments are directed to a third party. It is the responsibility of Reseller to inspect upon receipt, that all merchandise delivered matches the order.

Shortages: In the event of a product shortage, Hemplucid will give the Reseller the option to either have the missing product shipped to them at once or have the amount of the product refunded. Please contact your Account Strategist regarding shortages.

Damaged Products: In the event of damaged products, the Reseller is to take a picture of the product and e-mail it to their Account Strategist. As soon as the product picture is received, a refund or replacement will be issued.

RETURNS
No returns or exchanges will be made except in the case of manufacturing defects.

ACCEPTANCE OF GOODS WITH KNOWN DEFECTS
Reseller must notify Hemplucid in writing of all claims for damages resulting from late delivery or any other defect that is known to Reseller at the time Reseller accepts the merchandise. Reseller hereby waives any claim for damages resulting from any defect Reseller is aware of, including late delivery, at the time Reseller accepts the merchandise.


Merchantability & Misrepresentations

Hemplucid retains all rights to all images of products provided and retains the right to prohibit the use of any and all images provided. Reseller may not use any of the images contained within the provided photos for any other purpose other than to gain sales. Reseller may not use any images provided in any other medium than in or on the specified website or store without the prior written consent of Hemplucid.  Reseller may not alter (e.g., crop, change background colors, add text) provided photos other than to size appropriately for website and marketing materials.  Reseller must describe the product in the appropriate category and may not represent the product in other categories or for other uses, without prior authorization from Hemplucid.

ReSeller agrees that Hemplucid makes no warranty, express or implied, as to the merchantability of Hemplucid products. Resell Account also agrees that Hemplucid is not liable for any misuse or misrepresentations of the goods by the resell Account.

THC: Reseller understands that Hemplucid products are made from the whole hemp plant and contain THC in trace amounts, below the federally allowable legal limit of 0.3%. This level of THC could cause a false positive on a drug test.

Claims:  Reseller agrees to make no medical claims regarding Hemplucid products, specifically, or cannabinoids in general. Specifically, Reseller agrees to make no claims that products can or should diagnose, treat, cure or prevent any disease.

Compliance with Laws: Reseller will comply with all applicable international, national, state, regional and local laws and regulations in performing its duties hereunder and in any of its dealings with respect to the Products.

Responsibility: Hemplucid is in no way responsible or liable for the success or failure of the Reseller’s website or store, nor the accuracy, or legality of its content and operation. Further, the Reseller has independently evaluated the desirability of participating in Hemplucid’s Resell Program and is not relying on any representation, guarantee or statement other than set forth in this agreement.

It is the responsibility of the Reseller not to misrepresent the Hemplucid brand or it’s products. Therefore Resellers will not make any false claims regarding Hemplucidproducts, hemp, THC or CBD. Hemplucid products ARE NOT INTENDED TO DIAGNOSE, TREAT, CURE OR PREVENT ANY DISEASE.

Product Images: Hemplucid will make available images that you may use for your print and online presence. Should you require any additional images, please contact us. Any imagery you provide yourself must be approved prior to use.

Content Use:  If utilizing any of Hemplucid’s direct content (i.e. previously posted images and content) on any social media platform (Instagram, Facebook, Twitter or Pinterest) it is the Resellers responsibility to credit Hemplucid by using a tag or repost app.  All contents of the original post should be used to avoid any confusion with non-approved content.

Non-Exclusivity: Hemplucid does not currently offer exclusivity agreements.

Reseller Covenants: Reseller will: (i) conduct business in a manner that reflects favorably at all times on the products and the good name, goodwill, and reputation of Hemplucid; (ii) avoid deceptive, misleading or unethical practices that are or might be detrimental to Hemplucid, the Products or the public; (iii) make no false or misleading representations with regard to Hemplucid or the Product; (iv) not publish or employ, or cooperate in the publication or employment of, any misleading or deceptive advertising material with regard to Hemplucid or the Products; and (v) make no representation, warranties or guarantees to other potential resellers of the Products or potential purchasers of the Products or to the trade with respect to the specifications, features or capabilities of the Products that are inconsistent with the literature distributed by Hemplucid.


Web Commerce

Web Commerce: No products or goods purchased from or produced by Hemplucid shall be resold by Reseller through any online location other than Retailers URL. Hemplucid products may not be sold in an online auction (e.g., eBay) or online store (e.g., Amazon) without the express written consent of Hemplucid. If Reseller resells via 3rd party, Hemplucid and Reseller relationship will be terminated. Reseller must use images and descriptions created and supplied by Hemplucid.


Pricing & Ordering

PRICING SRP and MAP: All Hemplucid products have a suggested retail price (SRP). Resellers retain the right to charge above the SRP; however, they may not advertise less than the Minimum Advertised Price (MAP) which is 20% below MSRP.

MINIMUM ORDER REQUIREMENTS: Hemplucid requires a minimum of $500 per order.
*Standard resell pricing applies. Resellers are responsible for shipping fees.

ORDERING: At this time, Hemplucid is not extending credit terms. All orders must be accompanied by credit card payment in full. You may order inventory from Hemplucid by credit card, wire/ACH or check. Orders will not be billed unless your order is paid in full and the Resell Agreement is complete and on file.

SALES TAX: Reseller agrees that it is the sole responsibility of Resellers to collect, report and remit all taxes to the correct tax authority for all business transactions, sales, or revenue stemming from the sales of Hemplucid products. Reseller further agrees that Hemplucid is not obligated to determine whether a sales tax applies and is not responsible to collect, report or remit any tax information arising from any transaction involving the images, graphic assets, or any other Products provided.

SHIPPING/HANDLING: Our standard contracted shipping carrier is USPS or UPS for resell orders. We use USPS priority or UPS Ground shipping unless the buyer specifies/requests another mode of shipping (additional charges apply). Other carriers, such as FEDEX can be used on request. Hemplucid reserves the right to back-order/split-ship a purchase order if necessary. The Hemplucid team strives to ship out orders within 1-3 business days but reserves a 7-day ship window to fulfill all orders.

  • The reseller is responsible for all shipping charges.
  • Orders will ship once payment is received.

FREE SHIPPING: Orders over $1000 may qualify for free shipping.


Agreement

The information contained in this Resell Agreement constitutes the terms between Hemplucid, located at 4844 N 300 W STE 202 Provo, UT 84604 and
Client’s Full Name:

All sections contained within this agreement will be honored by both parties. Continued services are based on adherence to this agreement.

Term: Unless terminated earlier, this Agreement shall commence on the Effective Date and shall continue in full for one (1) year (“Initial Term”). Thereafter, this Agreement shall be automatically renewed for additional periods of one (1) year (“Renewal Term(s)” and together with the Initial Term “Term”), unless either Party provides written notice of termination to the other Party at least sixty (60) days prior to the end of the Initial Term or any Renewal Term. Notwithstanding the foregoing, either Party may terminate this Agreement on ninety (90) days’ notice to the other Party made in accordance with the notice provisions of this Agreement.

Applicable Law and Jurisdictions: This Agreement shall be governed by and construed in accordance with the laws of the State of Utah, without regard to the principles of conflicts of laws. By executing this Agreement, the Parties agree to submit to the exclusive jurisdiction of the courts of the State of Utah, whether state courts or federal courts located in the State of Utah.

Entire Agreement: This Agreement constitutes the entire agreement between the Parties with respect to the subject matter stated herein and supersedes all prior written or oral statements, representations, or agreements with respect to the same subject matter.

Authorized Signature: By clicking the ‘I understand and accept the Wholesale Agreement’ you agree to the terms of this contract on behalf of the organization or business that you have registered with on the wholesale application.

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