Common use of Recognition and Appointment Clause in Contracts

Recognition and Appointment. Article 1 Party B is willing to distribute the “Silvan Touch” brand laminate flooring, multi-layer solid wood flooring, solid wood flooring and accessory series products manufactured by Party A, and has recognized and will voluntarily abide by Party A’s conditions and policies on distribution of products; while Party A, after the survey and assessment, hereby appoints Party B as the exclusive distributor of Silvan Touch products in Chonqqing City (territory: subject to the administrative division of the state). Article 2 Qualifications for Party B to become a distributor of Party A in the aforesaid territory: 1. Annual sales target of Party B agreed by both parties: RMB FIFTY MILLION (?:50,000,000.00) 2. Upon the execution of the Contract, Party B shall possess 16 subordinate distributors of Party A’s products at least within three months after the commencement of the distribution cooperation, and develop no less than 35 subordinate distributors of Party A’s products within six months; and the total number of Party B’s sales outlets in the same year shall be up to 60. 3. Subordinate distributors governed by Party B shall abide by relevant policies of Party A on product distribution, and carry out unified store image building under relevant cost support and terminal image logo requirements of Party A, as well as conduct the market information feedback with Party A, and implement standard distribution and after-sale service in light of Party A’s training. 4. Party B shall pay RMB FIFTY THOUSAND ONLY (?:50,000.00) to Party A as the brand maintenance fee within seven working days after the execution of the Contract.

Recognition and Appointment. Article 1 Party B is willing to distribute the “Silvan Touch” brand laminate flooring, multi-layer solid wood flooring, solid wood flooring and accessory series products manufactured by Party A, and has recognized and will voluntarily abide by Party A’s conditions and policies on distribution of products; while Party A, after the survey and assessment, hereby appoints Party B as the exclusive distributor of Silvan Touch products in Chonqqing City Sichuan Province (territory: subject to the administrative division of the state). Article 2 Qualifications for Party B to become a distributor of Party A in the aforesaid territory: 1. Annual sales target of Party B agreed by both parties: RMB FIFTY EIGHTY MILLION (?¥:50,000,000.0080,000,000.00) 2. Upon the execution of the Contract, Party B shall possess 16 25 subordinate distributors of Party A’s products at least within three months after the commencement of the distribution cooperation, and develop no less than 35 50 subordinate distributors of Party A’s products within six months; and the total number of Party B’s sales outlets in the same year shall be up to 60100. 3. Subordinate distributors governed by Party B shall abide by relevant policies of Party A on product distribution, and carry out unified store image building under relevant cost support and terminal image logo requirements of Party A, as well as conduct the market information feedback with Party A, and implement standard distribution and after-sale service in light of Party A’s training. 4. Party B shall pay RMB FIFTY THOUSAND ONLY (?¥:50,000.00) to Party A as the brand maintenance fee within seven working days after the execution of the Contract.

Recognition and Appointment. Article 1 Party B is willing to distribute the “Silvan Touch” brand laminate flooring, multi-layer solid wood flooring, solid wood flooring and accessory series products manufactured by Party A, and has recognized and will voluntarily abide by Party A’s conditions and policies on distribution of products; while Party A, after the survey and assessment, hereby appoints Party B as the exclusive distributor of Silvan Touch products in Chonqqing City Hunan Province (territory: subject to the administrative division of the state). Article 2 Qualifications for Party B to become a distributor of Party A in the aforesaid territory: 1. Annual sales target of Party B agreed by both parties: RMB FIFTY MILLION (?¥:50,000,000.00) 2. Upon the execution of the Contract, Party B shall possess 16 20 subordinate distributors of Party A’s products at least within three months after the commencement of the distribution cooperation, and develop no less than 35 40 subordinate distributors of Party A’s products within six months; and the total number of Party B’s sales outlets in the same year shall be up to 6080. 3. Subordinate distributors governed by Party B shall abide by relevant policies of Party A on product distribution, and carry out unified store image building under relevant cost support and terminal image logo requirements of Party A, as well as conduct the market information feedback with Party A, and implement standard distribution and after-sale service in light of Party A’s training. 4. Party B shall pay RMB FIFTY THOUSAND ONLY (?¥:50,000.00) to Party A as the brand maintenance fee within seven working days after the execution of the Contract.

Recognition and Appointment. Article 1 Party B is willing to distribute the “Silvan Touch” brand laminate flooring, multi-layer solid wood flooring, solid wood flooring and accessory series products manufactured by Party A, and has recognized and will voluntarily abide by Party A’s conditions and policies on distribution of products; while Party A, after the survey and assessment, hereby appoints Party B as the exclusive distributor of Silvan Touch products in Chonqqing City ShanxiProvince (territory: subject to the administrative division of the state). Article 2 Qualifications for Party B to become a distributor of Party A in the aforesaid territory: 1. Annual sales target of Party B agreed by both parties: RMB FIFTY FORTY MILLION (?¥:50,000,000.0040,000,000.00) 2. Upon the execution of the Contract, Party B shall possess 16 18 subordinate distributors of Party A’s products at least within three months after the commencement of the distribution cooperation, and develop no less than 35 50 subordinate distributors of Party A’s products within six months; and the total number of Party B’s sales outlets in the same year shall be up to 6070. 3. Subordinate distributors governed by Party B shall abide by relevant policies of Party A on product distribution, and carry out unified store image building under relevant cost support and terminal image logo requirements of Party A, as well as conduct the market information feedback with Party A, and implement standard distribution and after-sale service in light of Party A’s training. 4. Party B shall pay RMB FIFTY THOUSAND ONLY (?¥:50,000.00) to Party A as the brand maintenance fee within seven working days after the execution of the Contract.