Commission Agreement – SLVRBRGS

By submitting this form, you (“Supplier”) agree to the following terms with SLVRBRGS:

1. Commission
All products are sold on a commission basis. Net revenue is split 50/50 between Supplier and SLVRBRGS, based on the final retail sales price.

2. Pricing
Retail prices and any in-store discounts are agreed between Supplier and SLVRBRGS. SLVRBRGS may, at its discretion, apply reasonable in-store discounts. Any such discounts are fully covered by SLVRBRGS and do not reduce the Supplier’s 50% share, which is calculated on the agreed full retail price.

3. Ownership
All products remain the property of the Supplier until sold.

4. Delivery
Supplier covers all inbound shipping/delivery costs to SLVRBRGS. All deliveries are confirmed by SLVRBRGS via email upon receipt. SLVRBRGS reserves the right to reject deliveries that do not match the agreed assortment or reasonable quality standards. The cost of returning rejected deliveries and delivering any replacement items is covered by the Supplier.

5. Sales Reporting
Sales are reported monthly via email on the first weekday of each following month. Reports include products sold, quantities, and retail prices.

6. Invoicing & Payment
Supplier invoices SLVRBRGS monthly based on the sales report provided by SLVRBRGS. Payment is made after month-end, following receipt of a correct invoice based on the sales report, and in accordance with the terms stated on the Supplier’s invoice, with a minimum payment term of 7 days from the invoice date. In case of discrepancies, SLVRBRGS may withhold the disputed amount until resolved.

7. VAT
All amounts are stated excluding VAT unless otherwise agreed. Supplier is responsible for issuing invoices in accordance with applicable VAT regulations.

8. Insurance & Loss
All products held by SLVRBRGS are insured against theft and damage at retail value. In the event of loss, compensation is based on confirmed inventory records. Normal wear and minor handling damage that does not notably affect the value of the product are excluded.

9. Stock & Replenishment
SLVRBRGS will inform Supplier via email when additional deliveries are needed.

10. Returns
If Supplier requests return of unsold products, this must be agreed in advance with SLVRBRGS. Supplier covers return shipping unless otherwise agreed. Returned items must be in sellable condition unless otherwise agreed.

11. Inventory Control
SLVRBRGS maintains sales and inventory records. Any discrepancies must be raised within 7 days of receiving the monthly report.

12. Product Compliance & Liability
Supplier confirms that all products comply with applicable laws and regulations (including safety, labeling, and certification requirements). Supplier retains product liability for all supplied goods.

13. Marketing & Content
SLVRBRGS may use Supplier’s brand name, company information, product information, and product images for marketing, social media, and e-commerce. Supplier provides such materials upon request. Product images should be provided in square format unless otherwise agreed.

14. Force Majeure
Neither party is liable for delays or failure to perform due to events beyond reasonable control.

15. Termination
This agreement can be terminated by either party via email with one month’s notice.

16. Governing Law
This agreement is governed by the laws of Sweden.

17. Display & Sample Items
For certain categories (including, but not limited to, beauty, fragrance, books, and posters), display or sample items may be provided free of charge, subject to prior agreement between Supplier and SLVRBRGS.

18. Parties
This agreement is entered into between SLVRBRGS and the Supplier as identified in the submitted form, including company name, registration/VAT number, and registered address.

19. Transfer of Risk
Risk for the products remains with the Supplier until delivery has been received and confirmed by SLVRBRGS via email. From the point of confirmation, risk transfers to SLVRBRGS in accordance with this agreement.

20. Data Processing
Supplier’s contact and company information is processed by SLVRBRGS for the purpose of administering this agreement and related business activities, in accordance with applicable data protection laws.

21. Variations
Any deviation from the terms of this agreement is only valid if explicitly agreed in writing between Supplier and SLVRBRGS.

22. Entire Agreement
This agreement constitutes the entire agreement between the parties and supersedes any prior discussions or understandings.

23. No Set-off
Supplier may not set off any claims against amounts payable by SLVRBRGS unless agreed in writing.

24. Assignment
Supplier may not assign or transfer this agreement, in whole or in part, without prior written consent from SLVRBRGS.