销售代理协议模板（英文）SALES AGENCY AGREEMENT

法律文件模版

/

SALESAGENCYAGREEMENT

ThisSalesAgencyAgreement(the“Agreement”)isbetweenAlphatecSpine,Inc.,aCaliforniacorporation(the“Company”)andSSFusionMedical,Inc.(EmployerIdentificationNumber#[***])(hereinafterreferredtoas“SalesAgent”)ismadeasofJanuary

2,2008(the“EffectiveDate”).

WHEREASSalesAgenthasestablishedandmaintainedabusinessofficestaffedwithprofessionalsalespersonnelintheTerritory(ashereinafterdefined);and

WHEREAStheCompanywishestoretainSalesAgenttosellitsProducts(ashereinafterdefined)andSalesAgentwishestoactastheCompany’sexclusiveSalesAgentwithintheTerritory.

NOWTHEREFORE,inconsiderationofthemutualcovenantsandprovisionshereincontained,andothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichisacknowledgedbythepartiesheretothepartiesagreeasfollows:

1.

APPOINTMENTOFSALESAGENT

SubjecttotheprovisionsoftheAgreement,theCompanyherebyappointsSalesAgentandSalesAgentherebyacceptsappointmentastheSalesAgentfortheproductsdescribedinExhibitA(hereinafterthe“Products”)withexclusiveresponsibilityforthegeographicalareaslistedonExhibitB(hereinafterthe“Territory”).SalesAgentshallhavetherighttosolicitordersforProductsonlyfrompersonsandentitieshavingtheirplacesofbusinesswithintheTerritorythatagreetousetheProductssoorderedwithintheTerritory.SalesagentshallbetheexclusiveagentfortheCompanyforsaleofProductsintheTerritoryforthetermofthisAgreement.Exceptasspecificallyprovidedhereintothecontrary,anysaleofProductsintheTerritoryshallbecreditedassalesmadebySalesAgentandSalesAgentshallbeentitledtothecommissionprovidedherein.

2.

SALESAGENT’SOBLIGATIONS

Inadditiontoanyandallcovenants,dutiesandobligationsofSalesAgentsetforthelsewhereinthisAgreement,SalesAgentagrees:

2.1.TouseitsbesteffortstopromotethesaleoftheProductsthroughouttheTerritory;

2.2.TouseitsbesteffortstomeetthesalesquotassetforthonExhibitD;

2.3.Tobearallcostsandliabilitiesrelatingtotheconductofitsbusiness,includingbutnotlimitedtothecostandexpenseofprovidingandmaintainingitsplaceofbusiness,thewagesofitsemployees,thepaymentofcommissionsorothercompensationtoitsagentsorindependentcontractors,anditsexpensesincurredfororinconnectionwithitsperformanceunderorbreachofthisAgreement;

2.4.TorefrainfrommakinganyrepresentationsorwarrantiesinrespectoftheProducts,except:(i)

thoserepresentationsandwarrantiesauthorizedinwritingbytheCompany,intheformofbrochures,memorandums,pressreleases,advertisements,specificationsheets,orcorrespondences,and(ii)

verbaltechnicalassistancethatSalesAgentreceivedfromtheCompanywhichwassubsequentlyconfirmedinwritingbySalesAgent;

[***]–ConfidentialTreatmentRequested

2.5.TopromotetheProductsinstrictadherenceto(i)

regulatoryandprofessionalrequirements,andallapplicablelaws,rules,guidelinesandregulationsincluding,butnotlimitedto,theFederalFood,DrugandCosmeticActof1938,asamended,andtheregulationspromulgatedthereunder(the“Act”);and(ii)

thoseportionsoftheCompany’sCodeofConductthataddressinteractionswithhealthcareprofessionals(availableathttp://atec.client./documentdisplay.cfm?DocumentID=900)(the“CodeofConduct”),andtomakesuchcertificationsinwritingthatmaybereasonablyrequestedbytheCompanyasevidenceofsuchcompliance;

2.6.ThatithasreadandunderstandstheCodeofConduct;andthatitacknowledgesthatanyviolationoftheCodeofConductbyitoranyofitsofficers,employeesoragentsshallconstituteamaterialbreachofthisAgreement;

2.7.TorenderreasonableassistancetotheCompany,attheCompany’srequest,inthedefenseofanyandallLiabilities(asdefinedbelow);

2.8.TorefrainfromdisparagingtheCompanyanditssubsidiariesoritsProducts,orfromotherwiseinjuringthereputationandgoodstandingoftheCompanyanditssubsidiaries;

2.9.Tonot,directlyorindirectly,solicitanysaleoftheProductsorestablishanybranchordistributiondepotforthesaleoftheProductsoutsidetheTerritorywithoutthepriorwrittenapprovaloftheCompany;

2.10.TakefullresponsibilityfortheactionsofanySalesAgentIndemnitee(asdefinedbelow);

2.11.ToassisttheCompany,onrequest,inascertainingthecreditstandingofandincollectingreceivablesfromanycustomer;

2.12.Toattend,atitsownexpense,allsalesmeetings,trainingsessions,seminars,tradeshowsandthelikeforwhichtheCompanyreasonablyrequestsattendancebySalesAgent;

2.13.ToimmediatelynotifytheCompanypriortoanyphysician,hospitaloranyotherhealthcaresupplierorproviderwhoisinapositiontoreferorrecommendpatientstotheCompany(a“HealthCareProvider”)acquiringanequityinterestintheSalesAgent,anduponsuchinstancetoprovideinwritingalisting,bypercentageofequityinterestowned,ofallHealthCareProvidersthathaveanequityinterestintheSalesAgentatthetimeofeachdisclosure.AbreachofthisSection

2.13shallconstituteamaterialbreachofthisAgreement;

2.14.TodeliverallProductsusingdocumentedproceduresforhandling,storage,packing,preservation,anddeliveryofsuchProducts;

[***]–ConfidentialTreatmentRequested

2

2.15.TopromptlynotifytheCompanyinwritingofthefollowing:(i)

anyseriousregulatoryactionrelatingtotheProducts;(ii)

anymaterialcomplaintsregardingtheProductsortherelatedinstrumentation;or(iii)

anyadverseincidentsthatmaybesubjecttoFDA’s(ashereinafterdefined)MedicalDeviceReportingregulation;and

2.16.TocomplywithrecallsorgeneralcorrectiveactionsinitiatedbytheCompany.

3.

ALPHATEC’SDUTIESANDOBLIGATIONS

InordertoassistSalesAgentinfosteringthepromotionandsaleoftheCompany’sProducts,theCompanyagrees:

3.1.ToreasonablyassistSalesAgentwith,andprovidetoSalesAgentreasonablequantitiesof,advertisingmaterial,salespromotionaids,displays,catalogues,literatureandconventionassistance;

3.2.ToprovideSalesAgentwithnewProductinformationandreasonablyassistSalesAgentinpromotionalactivities;

3.3.ToprovideSalesAgentwithreasonabletechnicalassistance,throughsalesseminars,meetingsandtrainingprograms;and

3.4.TousecommerciallyreasonableeffortstomakeProductsavailabletotheSalesAgenttobeusedbycustomers.

4.

QUOTATIONS,ORDERSANDPAYMENTBYCUSTOMERS

4.1.SalesAgentwillmakequotationsinrespecttothesalesoftheProductsonlyinaccordancewiththeCompany’sthencurrentpoliciesandproceduresandonpricesestablishedbytheCompanyandtheCompany’stermsandconditionsofsale,includingthetermsofpaymentspecifiedbytheCompany.TheSalesAgentwillassisttheCompanyinobtainingtheappropriatedocumentationneededforcustomers(creditreports,salestaxexemptions,etc.).

4.2.SalesordersgeneratedbySalesAgentwillbesubmitteddirectlytotheCompanybythecustomerandsuchsalesordersshallbepaidbyCompanyifSalesAgentmakesasaleandeveniftheCompanyunilaterallydecidestorejectthecustomer;providedthatiftherejectionofthecustomeroccursinaccordancewiththisAgreement,theCompanyshallnotbeobligatedtopaytheSalesAgentforsuchsale.IfSalesAgentreceivesanyorderforProducts,itwillpromptlyforwardittotheCompany.TheCompanywillestablishandpromulgatethecriteriaforsalesorderstobegeneratedbySalesAgentandSalesAgentwilluseitsbesteffortstosecuresalesordersthatmeettheCompany’scriteria.TheCompanywillhavetherightatanytimetorejectanyorderinwholeorinpartforgoodcause.Goodcauseshallincludethefollowing:(i)

thesalesorderfailstomeettheCompany’scriteria,(ii)

thecustomerfailstomeettheCompany’screditcriteria,(iii)

lackofProductavailabilityduetonofaultoftheCompany,or(iv)

poorpaymenthistorybythecustomer.IftheCompanyrejectsasalesordergeneratedbySalesAgentwithoutgoodcause,thenCompanyshallpaytoSalesAgentfullcommissiononsuchorder.IftheCompanyreasonablyrejectsanysalesordergeneratedbySalesAgent,thenSalesAgent

[***]–ConfidentialTreatmentRequested

3

shallbenotifiedandgiventheopportunitytoinformitscustomerorpotentialcustomerofsaidrejectioninanattempttopreserveSalesAgent’sbusinessgoodwill.OnrequestoftheCompany,SalesAgentwillnotsupplyProducttocustomersplacedoncreditholduntilreleasedbytheCompany.

4.3.TheCompanywillbillthecustomerforthepurchasedProducts.SalesAgentwillnotbillcustomersfortheProductunlessexpresslyrequestedtodosobytheCompanyinwriting.PaymentsagainstpurchaseordersaretobemadedirectlytotheCompany,withoutinterventionbySalesAgentunlessexpresslyrequestedinwritingbytheCompanyineachinstance.IfSalesAgentreceivesanypaymentfromacustomer,thenSalesAgentwillimmediatelyforwardtheentireamountofsuchpaymenttotheCompany.

4.4.TheCompanywillhavetheright,initssolediscretion,toissuecredits,makediscountsandallowances,and/oracceptreturnsoftheProducts.SalesAgentinanefforttobecompetitivewiththeorthopedicmarketortodevelopnewcustomerswillhavetherighttorequesttheCompanytoissuecredits,makediscountsandallowancesand/oracceptreturnsoftheProducts.TheCompanyshalluseitssolediscretionindeterminingwhethertograntSalesAgent’srequest.IntheeventthattheCompanyissuecredits,makediscountsandallowancesand/oracceptreturnsoftheProducts,theCompanyshallbeentitledtounilaterallyreducethecommissionratepaidtotheSalesAgentwithrespecttoallsalesofProductsthataresubjecttoacredit,discount,allowanceorreturn.TheCompanyshallindicatesuchreductionincommissionratebysendingwrittenorelectronicnoticeofsuchreductiontotheSalesAgent.AllreductionsshallbeeffectiveasofthedatethatsuchnoticeofcommissionreductionwasdeliveredtotheSalesAgent.

5.

COMMISSIONS

5.1.ExceptassetforthinthisAgreement,duringthetermofthisAgreementtheCompanywillpaytoSalesAgentacommissionattheratespecifiedinExhibitContheCompany’sNetSales(asdefinedbelow)ofProductsintheTerritorythatweregeneratedbytheSalesAgentinaccordancewiththisAgreement.ForpurposesofthisAgreement,theterms“NetSales”shallmean,foranyperiod,thegrossamountproperlysetforthonapurchaseorderreceivedbytheCompanyfromthecustomerinconnectionwithsuchcustomer’spurchaseofProduct,lessdeductionsfor:(i)

normalandcustomaryquantityand/orcashdiscounts,including,withoutlimitation,thosegrantedonaccountofpriceadjustments,rebatesactuallyallowedandtaken,administrativeorotherfeesorreimbursementsorsimilarpaymentstobuyinggroups,pharmacybenefitmanagementorganizations,healthcareinsurancecarriersorotherinstitutions,feespaidtootherdistributorsandchargebacks;(ii)

customsorexcisedutiesorotherdutiesdirectlyimposedandrelatedtothesalesmakingupthegrosspurchaseorderamount;(iii)

anyrebatesorsimilarpaymentsmadewithrespecttosalespaidforbyanygovernmentalorregulatoryauthoritysuchas,bywayofillustrationandnotinlimitationoftheparties’rightshereunder,FederalorstateMedicaid,Medicareorsimilarstateprogramorequivalentforeigngovernmentalprogram;(iv)

salesandothertaxesanddutiesdirectlyrelatedtothesaleofProducts,totheextentthatsuchitemsareincludedinthegrosspurchaseorderprice(butnotincludingtaxesassessedagainsttheincomederivedfromsuchsale);and(v)

anysuchamountsincludedinthepurchaseorderthatarenotcollectedbytheCompanywhichareover90dayspastdueandarerecordedonthebooksoftheCompanyasbaddebtinaccordancewithgenerallyacceptedaccountingprinciples;provided,iftheamountduefromsuchpurchaseorderissubsequentlypaid,

[***]–ConfidentialTreatmentRequested

4

thenSalesAgentshallbepaidcommissionontheamountultimatelyreceivedbytheCompany(lessanyexpensesincurredbytheCompanyincollectingsuchamount).Forpurposesofdeterminingcommissions,theProductshallbedeemedtobesoldwhenaproperlyexecutedpurchaseorderisreceivedbytheCompanyfromthecustomerinconnectionwithsuchsale,anda“sale”shallnotincludetransfersordispositionsforcharitable,promotional,pre-clinical,clinical,regulatory,orgovernmentalpurposes.

5.2.AllcommissionamountspayabletotheSalesAgentshallbesubjecttotheCompany’sthen-currentDistributionShippingPolicy,whichpolicyshallsetforththatcertainshippingchargesthatarenotpaidbycustomershallreducethecommissionspaidtotheSalesAgent.

5.3.IfnewproductlinesareaddedtotheProductlistthecommissionraterelatedtosuchnewProductshallbesetforthonExhibitCattachedhereto.ThepartiesagreeandacknowledgethattheCompanyshallhavesoledecision-makingauthorityinconnectionwithestablishingcommissionratesforproductlinesaddedtotheProductlistaftertheEffectiveDate.

5.4.TheSalesAgentagreestopromptlysubmitaninvoicetotheCompanyinconnectionwitheachsaleandthatallsuchinvoicesforpaymentshallincludealistingofalllotnumbersoftheProductsthatweresoldinconnectionwithsuchinvoice.

5.5.CommissionswillbereleasedtotheSalesAgentonthetwenty-fifth(25th)

dayafterthecloseofthemonthinwhichtheapplicablesalesaremade,orintheeventthatsuchdayisnotabusinessday,onthenextbusinessday.Anycommissionspaidonoutstandingaccountsreceivableatthecloseofthemonththatexceedthepaymenttermsofnetninety(90)

dayswillbedeductedfromtheSalesAgent’soutstandingcommissionorinvoicedtoSalesAgentpursuanttoSection

5.7.Uponcollectionofpastdueaccountscommissionswillbere-postedtotheSalesAgent.

5.6.TheCompanywillkeepandmaintainaccurate,completeandcurrentbooksandrecordsrelatingtocommissionsearnedbySalesAgent.UponpaymentofcommissiontoSalesAgentbytheCompany,theCompanyshallprovideSalesAgentwithadetailedbreakdownofthecustomersalesusedtocalculatethecommissionaswellasanycredit,discount,allowanceorset-offtakenbytheCompanyorappliedagainstSalesAgentcommission.AnydiscrepanciesmustbereportedtotheCompanywithinthirty(30)

daysofthereceiptofthedetailedstatement.Oncepercalendaryear,uponwrittenrequestfromSalesAgent,theCompanywillpermitanindependentcertifiedpublicaccountantdesignatedbyandattheexpenseofSalesAgenttoaudittheCompany’sbooksandrecordspertainingtocommissionsearnedbySalesAgent,suchaudittobeconductedontheCompany’spremisesduringnormalbusinesshours.

5.7.IntheeventthattheCompanyhaspreviouslypaidSalesAgentcommissionsonsalestoacustomerwhoseaccountissubsequentlyentitledtoacredit,forreturnsorotherwise,andsufficientcommissionisnotavailabletodeductthecreditwithintheperiod,theCompanywillsubmitaninvoiceandawrittenexplanationcontainingthereasonswhytheCompanyisentitledtoreimbursementbySalesAgentofanyportionorallofthecommissionpreviouslypaidtoSalesAgent.SalesAgentagreestopayallproperlyinvoicedamountswithinthirty(30)

daysofreceiptofsaidinvoice.

[***]–ConfidentialTreatmentRequested

5

5.8.TheCompanywillhavenoliabilitywhatsoevertoSalesAgentforcommissionpaymentsfortheCompany’srejectionofallorpartofanyorder.

6.

SALESOBJECTIVE

6.1.TheCompanyandSalesAgentwillmutuallyestablishsalesobjectivesforProductstobesoldbytheSalesAgentwithintheTerritoryasmeasuredindollarvolume.SuchsalesquotasshallbesetforthonExhibitDattachedhereto.

6.2.TheCompanyandSalesAgentmayaddnewproductlinestotheProductlist.IfnewproductlinesareaddedtotheProductlisttheCompanyandSalesAgentshallestablishanadditionalquotaforsuchnewProductandsuchquotashallbesetforthonExhibitD.

7.

CONSIGNEDINVENTORYANDSAMPLES;LOANERINVENTORY

7.1.FromtimetotimetheCompanyshalldelivertoSalesAgentsuchitemsassamples,models,literature,promotionalmaterials(the“Samples”)foruseinpromotingandsellingtheProducts.ExceptforitemsactuallypurchasedbySalesAgentordeliveredbySalesAgentasunrestrictedno-chargesamplesaccordingtotheCompany’sspecificinstructions,theCompanywillretainallright,titleandinterestinandtotheSamplesandSalesAgentwillholdtheminafiduciarycapacityandonlyusesuchSamplesaspermittedinthisAgreement.UpontheterminationorexpirationofthisAgreementorupontherequestoftheCompany,theSalesAgentshallreturnallSamplestotheCompany.IfanySamplesarelost,missing,stolen,orcannotberepaired,thentheCompanyshallinvoiceSalesAgentfor[***]withrespecttosuchSample,andtheSalesAgentagreestopaysuchamount.

7.2.SalesAgentwillprepareandmaintainaccurate,completeandcurrentbooksandrecordspertainingtotheSamplesthatareownedbytheCompany,includingbutnotlimitedtotypeandquantityofeachitemanddispositionthereof.

7.3.TheCompanyshallestablishforSalesAgentaProductsinventoryaccount.ExceptfortheProductsactuallypurchasedbySalesAgent,theCompanywillretainallright,titleandinterestinandtosuchProductsandrelatedinstrumentation(the“ConsignedInventory”).SalesAgentwillholdsaidProductsandrelatedinstrumentationinafiduciarycapacityunderaseparateaccounttitled“ConsignedInventory”.

7.4.TheCompanymayrequestaphysicalinventoryofitspropertyheldasConsignedInventorybySalesAgent.TheCompany,atitsexpense,mayreviewbooksandrecordsofSalesAgentastheyrelatetoConsignedInventoryaswellastophysicallyaudittheConsignedInventory,andSalesAgentagreestocooperatewithsuchreview.

7.5.ThelevelofConsignedInventoryforSalesAgentshallbeestablisheduponmutualagreementbetweentheCompanyandSalesAgent.

7.6.TheleveloftotalConsignedInventoryforSalesAgentwillbereviewedeachquarter.ExcepttotheextentthatsuchConsignedInventoryhasbeenconsignedtoahospitalinaccordance

[***]–ConfidentialTreatmentRequested

6

withSection

7.7,ifanyConsignedInventoryisreturneddamaged,thentheCompany,totheextentpossible,willrepairorrefurbishtheConsignedInventoryandinvoiceSalesAgentforthecostofsaidrepairsandhandling.ExcepttotheextentthatsuchConsignedInventoryhasbeenconsignedtoahospitalinaccordancewithSection

7.7,ifanyConsignedInventoryislost,missing,stolen,orcannotberepaired,thentheCompanyshallinvoiceSalesAgentfor[***]ofsuchConsignedInventory,lesstheamountofanycommissionsthatwouldbepaidfortheNetSaleofsuchproduct.

7.7.SalesAgentwillprepareandmaintaincompleteandaccuratebooksandrecordspertainingtoallConsignedInventory,includingbutnotlimitedtothetypeandquantityofeachProductaswellasthedispositionthereof.SalesAgentwillpromptlysupplytheCompanywithacopyofeachagreement,theformofwhichisattachedheretoasExhibitE,whereConsignmentInventoryisheldbyahospitalorothermutuallyacceptablethirdpartyfollowingtheCompany’srequestforsuchdocumentation.

7.8.UpontheterminationorexpirationofthisAgreement,orupontherequestoftheCompany,theSalesAgentshallimmediately,andatitsownexpense,returnallConsignmentInventoryinitspossessionorcontroltotheCompany.

7.9.AllInventorynotdeemedbytheCompanyinitssolediscretiontobeConsignedInventoryshallbedeemedtobeloanerinventoryandshallbesubjecttotheCompany’sthen-currentLoanerInventoryPolicy.

8.

SALESACTIVITYBYALPHATEC

8.1.TheCompanyreservestheright,atanytimeandfromtimetotime,throughoutthetermofthisAgreement,touseitsemployeestoengageinselling,promotingand/orotherrelatedactivitiesconcerningtheProductsintheTerritoryintheeventthattheCompanyreasonablydeterminesthattheSalesAgentisnotactivelypursuingsalesactivitiesintheTerritory(notwithstandingthefactthatSalesAgentmaybeachievingitssalesquotas).AnysuchsalesbytheCompany’semployeeswillnotbecreditedtoSalesAgent’saccountforpurposesofdeterminingtheachievementofsalesquotasandcalculatingcommissions.PriortothecommencementofanysalesactivityrelatedtoProductsintheTerritorybytheCompany’semployees,theCompanyshallnotifytheSalesAgentofitsintentiontobeginsuchactivitiesandallow[***]fortheSalesAgenttobeginsalesactivities.IftheSalesAgentbeginssalesactivitiesfollowingreceiptofsuchnoticetheCompanyshallnotbeentitledtocommenceanysalesactivitiesrelatedtotheProductsintheregionthatwasthesubjectofsuchnotice.

8.2.TheCompanyreservestherighttoselltheProductswithintheTerritorytoanypersonorentityofferingtopurchaseandreselltheProductsasprivatelabelproductssolongassuchpersonorentityisnotatsuchtimeacompanyorpersontowhomSalesAgentisactuallysellingtheProducts.Intheeventthatprivatelabelingoccurs,ifany,withintheTerritory,theCompanymay,butisnotobligatedto,modifySalesAgent’ssalesquotastoreflectthecompetitiveimpactofprivatelabeling.

8.3.TheCompanyalsoreservestherighttoselltheProductswithintheTerritorytoanyCompany-designatednational,regional,orgovernmentpersonorentity,andSalesAgentshallservicesuchaccountwithintheTerritoryinreturnfortheapplicablecommissionsetforthinExhibitC.IfSalesAgentdeclinestoserviceanysuchaccount,theCompanyshallservicesuchaccountitselfandatitsownexpense,andSalesAgentshallreceivenocommissionwithrespecttosuchaccountandsuchsalesshallnotbecreditedtotheSalesAgentforpurposesofdeterminingtheachievementofsalesquotas.

[***]–ConfidentialTreatmentRequested

7

8.4.Thepartiesagreeandacknowledgethatundercertaincircumstances,theCompanymayfinditnecessarytoestablishcertaincustomersashouseaccounts.JustificationfordesignationofacustomerasahouseaccountshallsolelyconsistofawrittennoticefromacustomerorHealthcareProviderthatindicatesanunwillingnesstousetheservicesoftheSalesAgent.TheCompanyreservestherighttoservicesuchhouseaccountsastheCompanyseesfitinconnectionwiththesaleoftheProducts,andinsuchinstancesnocommissionshallbepaidonsalestohouseaccountsandsuchsalesshallnotbecreditedtotheSalesAgentforpurposesofdeterminingtheachievementofsalesquotas.TheCompanyshallpaySalesAgentsuchcommissionsasareagreeduponbetweentheCompanyandtheSalesAgentfortheservices,ifany,renderedbySalesAgentattherequestoftheCompanyinconnectionwithsalesoftheProductstosuchhouseaccountsthataredeliveredwithintheTerritory.

9.

RELATIONSHIPOFPARTIES

SalesAgentisanindependentcontractorhavingonlysuchauthoritytoactfortheCompanyasisexpresslysetforthinthisAgreement.SalesAgentisnotauthorizedtoenterintoanycommitmentorcontractofanykindonbehalfoftheCompany.TheCompanywillnotincuranyliabilitywhatsoevertoanythirdpartybyreasonofSalesAgenthavingexceededitsauthorityundertheappointmentgrantedbytheCompanyhereinorbyreasonofanymisrepresentationbySalesAgentofitsrelationshiptotheCompanyoroftheCompany’sproducts,warranties,policies,practicesorprocedures.NothingcontainedinthisAgreementisintendedtobeconstruedascreatingorimplyingarelationshipofprincipalandagentoremployerandemployeebetweentheCompanyandSalesAgentorbetweentheCompanyandSalesAgent’semployeesoragents,orajointventureorpartnershipbetweentheCompanyandSalesAgent.

10.

COMPLIANCEWITHLAWSANDREGULATIONS;NOCONFLICTS;DUEAUTHORIZATION

10.1NothinginthisAgreementshallrequireeitherpartytotakeanyactionwhichwouldviolateanygovernmentalregulationorlawtowhicheitherofthemissubject.SalesAgentshall,atitssolecostandexpense,obtainintheTerritorysuchgovernmentalapprovals,licensesorpermitsasmaybenecessarytoeffectuatethepurposesofthisAgreement,andshallcomplywithallfederal,stateandlocallaws,regulationsandrulingsofgovernmentalbodieshavingjurisdictionoverSalesAgent’sbusiness,inrespectofthesaleoftheProducts,including,withoutlimitation,theAct.

10.2TheSalesAgentcertifiesthatduringthetermofthisAgreementthat(i)

neitheritnoranySalesAgentIndemniteesnoranyimmediatememberofanySalesAgentIndemniteeshallhaveanyfinancialrelationshipwithanyHealthcareProviderinanybusinessorventurerelatedtotheprovisionofhealthcareproductsorservices.Forpurposeofthiscertification,“financialrelationship”includes,butisnotlimitedto,anycashorotherbenefitgrantedtoanyHealthCareProviderincluding,butnotlimitedto,anownershipinterestintheSalesAgent,giftsthatarenotincompliancewiththeCodeofConduct,fee-sharing,loansoradvancesofanykind.

[***]–ConfidentialTreatmentRequested

8

10.3TheSalesAgentherebyrepresentsandwarrantstotheCompanythatneithertheexecutionofthisAgreementbytheSalesAgentnortheperformanceofthisAgreementbytheSalesAgentoranySalesAgentIndemnitee(asdefinedbelow)will(i)

violateanyorder,judgmentorinjunctionapplicabletotheSalesAgentoranySalesAgentIndemnitee,or(ii)

conflictwithorbreachanyagreementtowhichtheSalesAgentoranySalesAgentIndemniteeareapartyorbywhichtheSalesAgentoranySalesAgentIndemniteearebound.

10.4Eachpartyrepresentsandwarrantstotheotherparty:(i)

thatsuchpartyisdulyorganizedandvalidlyexistingunderthelawsofthestateofitsorganizationandhasfullcorporatepowerandauthoritytoenterintothisAgreementandtocarryouttheprovisionshereof;(ii)

suchpartyisdulyauthorizedtoexecuteanddeliverthisAgreementandtoperformitsobliga