Partnership Agreement

Partnership Overview

Essence Vending partners with distinguished venues to provide luxury fragrance vending solutions that enhance guest experiences while generating additional revenue streams. Our partnerships are designed to be mutually beneficial, long-term relationships that elevate both brands.

Partnership Benefits

• Revenue Generation: Passive income through high-margin luxury fragrance sales
• Brand Enhancement: Premium amenity that elevates your venue's positioning
• Guest Experience: Unique luxury touchpoint for your clientele
• Full Service: Complete installation, maintenance, and support
• Curated Selection: Premium fragrances selected for your demographic

Eligibility Requirements

To be considered for a partnership with Essence Vending, venues must meet certain criteria:

Venue Requirements

• Premium Positioning: Upscale hotels, fine dining restaurants, luxury spas, private clubs, or equivalent venues
• Target Demographics: Clientele with disposable income and appreciation for luxury products
• Foot Traffic: Sufficient guest volume to support fragrance vending operations
• Strategic Location: High-visibility placement area for vending machines
• Operational Stability: Established business with proven track record

Technical Requirements

• Dedicated electrical outlet (standard 110V)
• Secure, climate-controlled environment
• Internet connectivity for machine monitoring
• Adequate space for machine installation and customer access

Partnership Terms

Agreement Duration

• Initial Term: Typically 2-3 years with automatic renewal options
• Trial Period: 90-day evaluation period for both parties
• Renewal Terms: Mutually agreeable renewal with updated terms as needed

Performance Standards

• Minimum monthly sales thresholds (varies by venue type and location)
• Maintenance of premium venue standards
• Cooperation with promotional activities and marketing initiatives
• Regular reporting and communication with Essence Vending team

Partner Responsibilities

Venue Partner Responsibilities

• Space Provision: Provide suitable location for machine placement
• Security: Ensure machine security and protect against theft or vandalism
• Utilities: Provide electrical power and internet connectivity
• Staff Coordination: Designate point of contact for operational matters
• Brand Alignment: Maintain venue standards consistent with luxury positioning
• Customer Support: Basic customer assistance and issue reporting

Essence Vending Responsibilities

• Equipment: Provide, install, and maintain vending machines
• Inventory: Stock and manage fragrance inventory
• Technical Support: 24/7 monitoring and technical assistance
• Maintenance: Regular cleaning, calibration, and repairs
• Marketing: Promotional materials and marketing support
• Training: Staff training on machine operation and customer service

Revenue Sharing Model

Our revenue sharing model is designed to provide fair compensation while incentivizing performance:

Revenue Split Structure

• Venue Partner: Competitive percentage of net sales revenue
• Performance Bonuses: Additional incentives for exceeding sales targets
• Monthly Reporting: Detailed sales reports and revenue statements
• Payment Schedule: Monthly payments within 30 days of month-end

Additional Revenue Opportunities

• Seasonal promotions and limited edition collections
• Exclusive fragrance launches for premium partners
• Cross-promotional opportunities with other luxury brands
• Event-based activations and special campaigns

Equipment and Installation

Machine Specifications

• Design: Premium materials and finish consistent with luxury environments
• Technology: State-of-the-art dispensing system with touchscreen interface
• Security: Advanced security features and tamper-resistant design
• Capacity: Multiple fragrance options with automated inventory tracking

Installation Process

• Site Survey: Professional assessment of optimal placement
• Custom Integration: Machine configuration to match venue aesthetics
• Professional Installation: Expert installation with minimal disruption
• Staff Training: Comprehensive training for venue personnel
• Soft Launch: Testing period before full operational launch

Termination Conditions

Termination for Cause

Either party may terminate the agreement immediately for:

• Material breach of agreement terms
• Insolvency or bankruptcy proceedings
• Failure to meet minimum performance standards
• Damage to brand reputation or image

Termination Without Cause

• Notice Period: 90 days written notice required
• Equipment Removal: Essence Vending will remove equipment within 30 days
• Final Settlement: All outstanding payments settled within 60 days

Post-Termination Obligations

• Return of any Essence Vending property or materials
• Confidentiality obligations continue indefinitely
• Non-compete restrictions (if applicable) for specified period

Intellectual Property

All Essence Vending branding, technology, and proprietary information remain the exclusive property of Essence Vending. Partners are granted limited usage rights during the partnership term only.

Brand Usage Guidelines

• Use of Essence Vending branding only as approved
• No modification of logos or brand elements
• Compliance with brand standards and guidelines
• Immediate cessation of brand usage upon termination

Confidentiality

Both parties acknowledge that confidential information may be shared during the partnership. All proprietary information, including but not limited to business strategies, customer data, pricing, and operational procedures, must be kept strictly confidential.

Insurance and Liability

• Insurance Coverage: Essence Vending maintains comprehensive liability insurance
• Venue Insurance: Partners must maintain adequate general liability coverage
• Property Damage: Clear delineation of responsibility for different types of damage
• Indemnification: Mutual indemnification clauses protect both parties

Partnership Inquiries

For detailed partnership discussions and customized agreement terms, please contact our partnership team:

Governing Law

This Partnership Agreement framework is governed by the laws of the State of New York. Specific partnership agreements may include additional jurisdictional clauses as appropriate for the partner's location.

Any disputes arising from partnership agreements will be resolved through arbitration in accordance with the American Arbitration Association Commercial Arbitration Rules.