Amendment to Distribution Agreement between Quail Systems, LLC and CleanCore Solutions, Inc. (September 18, 2023)
This amendment updates the original Distribution Agreement between Quail Systems, LLC and CleanCore Solutions, Inc. It allows Quail Systems to sell to Subway and In-N-Out Burger. For In-N-Out Burger, both companies will jointly market the NANOzone product and split the revenue equally after deducting the seller’s unit cost. All other terms of the original agreement remain unchanged.
Exhibit 10.15
Amendment to Distribution Agreement
Date: 9/18/2023
This document, dated September 18, 2023, is an amendment to the Distribution Agreement dated September 7, 2023 (Agreement) between Quail Systems, LLC (Distributor) and CleanCore Solutions, Inc. (Seller)
WHEREBY, Seller desires to amend Exhibit B, as follows:
| ● | Adding “Subway” to the list of accounts Distributor can hereby sell to; and |
WHEREBY, Seller and Distributor desire to amend Exhibit A and Exhibit B ONLY for In-N-Out Burger, as follows:
| ● | Adding In-N-Out Burger to the list of accounts Distributor can hereby sell to, with the following special circumstance: | |
| ○ | Distributor and Seller will jointly market the NANOzone to In-N-Out Burger and shall share 50/50 n the revenue as follows: | |
| ■ | Seller and Distributor agree that Seller’s cost on the unit based off current components is $1,147.12 per unit. | |
| ● | Example: If the price to In-N-Out Burger is $3,000.00 USD, the Parties shall split the difference of $1,852.88 or $926.44 per unit to Seller and $926.44 to Distributor. | |
| ● | All other terms and conditions shall remain in place. |
IN WITNESS WHEREOF, the Parties have executed this Amendment to the Distribution Agreement as of the Effective Date
| “Seller” | “Distributor” | |||
| CleanCore Solutions, Inc. | Quail Systems, LLC | |||
| By: | /s/ Matthew Atkinson | By: | /s/ Robert Smith | |
| Name: | Matthew Atkinson | Name: | Robert Smith | |
| Title: | Chief Executive Officer | Title: | Chief Executive Officer | |
