Oral Manufacturing and Packaging Agreement between E-World USA and Genepharm Inc.
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Summary
E-World USA and Genepharm Inc. have an oral agreement under which Genepharm manufactures and packages three cosmetic products using its own formulations. E-World USA provides the packaging design, and is authorized to sell the products worldwide under its brand name. Genepharm retains ownership of the product formulations. The agreement allows E-World USA to market and sell the products without infringing Genepharm’s rights.
EX-10.2 4 v240349_ex10-2.htm EXHIBIT 10.2
Exhibit 10.2
The Company has an oral agreement with Genepharm Inc. to manufacture three types of cosmetic products for the Company. Genepharm, Inc. owns the formulations for the products. Genepharm manufactures the products and packs them with E-World USA designed packaging under an oral agreement with the Company. The Company is authorized by to sell the products worldwide under the E-World brand name with infringing any rights of Genepharm, Inc.
