Nevoton® Magnet Product Storefront Leasing Program

ITEM’s Nevoton® Magnet Product Storefront Leasing Program is ideal for people who do not want to maintain an inventory – simply refer customers to your own storefront on ITEM’s site, and you automatically receive commissions!

Here is How It Works:

1. Sign-up for a one-year lease by following the instructions below. At the end of the first year, ITEM will contact you to determine if you would like to extend your lease for another year, enter into a month-to-month agreement, or end your lease. The lease agreement is a binding contract that includes a non-refundable fee.

2. When you order your leased storefront, ITEM will contact you to determine the type of logos and headers you would like on your page. The content of all Nevoton® storefronts is maintained by ITEM – this ensures the integrity of the program. You never need to worry about changes in pricing or products – ITEM updates your storefront automatically for you. Click here for the exact storefront you will have, according to ITEM’s latest prices and products. All you need to do is add a link from your own website to your storefront. Your storefront will have an address of:

3. When people enter your storefront and place an order, ITEM tracks your commissions. The current commission rate is 20% of the sales price of Nevoton® products. At the end of the month, if the balance of your commissions exceeds $20, ITEM will mail you a check in US dollars. If you live outside the US and cannot deposit checks in US dollars, we will send funds in accordance with your particular specifications.

The current storefront lease rate is only $20 per month, or $240 per year $120 per year (for a limited time). If you sell only 2 Biocorrectors per month, for example, you will have already earned a profit! The best part is that you never have to worry about an inventory – ITEM handles this for you!

To Order Your Storefront, Read and “Sign” the Lease Agreement Below (please print for future reference):

NEVOTON® STOREFRONT LEASE AGREEMENT

Rules and Conditions for Leasee:

1. The customer who agrees to this lease agreement is termed the “Leasee”. The term of this contract is one year from the date of the agreement, unless ITEM terminates this contract in writing. Upon expiration of this contract, the Leasee has the option to renew the lease for an additional year, execute a new contract on a month-to-month basis, or terminate the lease.

2. Leasee shall pay a one-time leasing fee of $120.00. Subsequent fees shall apply if Leaser chooses to extend the contract beyond the first year.

3. Leasee shall notify ITEM of the website(s) where Leasee will post a link to the Nevoton® storefront page.

4. Leasee shall notify ITEM of any changes to mailing address, email address, or referring website page(s) during the term of this contract.

5. Leasee shall not advertise ITEM’s Nevoton® products separately from the storefront, except for descriptions that accompany links to Leasee’s storefront, nor shall Leaser include direct links to ITEM’s Shopping Cart system from Leasee’s website(s).

6. Leasee may develop printed advertisements that include the Leaser’s storefront website address.

7. Leasee shall include a statement that the storefront is leased through Innovation Technologies and Energy Medicine (ITEM) with all links from websites and on printed advertisements.

8. Leasee may not sub-lease the storefront without express written consent from ITEM.

ITEM reserves the right to deny payment or terminate this contract if Leasee is in violation of these rules and conditions.

ITEM Obligations:

1. If the monthly or annual leasing fee changes upon expiration of this contract, ITEM shall notify the Leasee prior to renewal.

2. ITEM shall pay Leasee at a rate of 20% of net product sales for the month. ITEM shall issue payment by check or other arrangement requested by Leasee. Charges that result as a consequence of alternative payment methods are the responsibility of the Leasee. If the balance accumulated by Leasee from the storefront is less than $20 at the end of a month, ITEM will retain the amount until the balance exceeds $20.

3. ITEM shall notify Leasee by email when payment will be submitted to Leasee.

4. ITEM shall update the storefront when changes to pricing, products, or descriptions are in effect.

Nevoton® Magnet Product Storefront Leasing Program

NEVOTON® STOREFRONT LEASE AGREEMENT

Links