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Memorandom of Understanding

This Memorandum of Understanding is made and entered into as of March 19, 2020, by and
between Kurir Kopi Company, with an address at Jl. Laswi No.46, Majalaya, and all Reseller
in place. This Memorandum of Understanding sets forth the understanding of the parties
related to Company’s appointment of Reseller, and this Memorandum of Understanding
shall expire upon the earlier of 6 months following the Effective Date, unless it is extended
by written modification, or a written successor agreement pertaining to the subject matter
of this MOU.

WHEREAS, in connection with the establishment of a business relationship between the


parties whereby Reseller would sell Company products, and the parties negotiation of a
reseller agreement, the parties wish to set forth their current understanding and certain
agreements made to date with respect to such relationship.

1. BACKGROUND: Company is the owner of the following products Kurir Kpi ice coffee,
which it desires for Reseller to resell.
2. PURPOSE. The purpose of this MOU is to set forth certain understandings of the
parties in relation to the terms and conditions to be agreed between Company and
Reseller in a reseller agreement.
3. UNDERSTANDINGS. The parties set forth their understandings under this MOU with
respect to the reseller agreement as follows:
a. Company will ensure that a sufficient number of its resources have been assigned
to support Reseller in any related services.
b. Company intends to produce and sell the Products to existing resellers, including
Reseller, without any change, modification, or alteration for a term not to exceed
the first six (6) months.
c. Following the initial six (6) months, Company will endeavor to further develop,
improve and enhance the Products over time.
d. The term of the agreement will be for a minimum term of two (1) years, without
any termination for convenience on the part of Company, and will automatically
renew for additional six (6) month periods. The agreement may only be
terminated by Company at the end of the initial term or any renewal term upon
sixty (60) days prior written notice.
e. Reseller will be granted exclusive reseller rights for the term of the agreement.
f. Reseller will continue to provide first and second level customer support on all
matters pertaining to the Products.
g. Company is committed to exercising best efforts to implement design changes
and continuous improvement initiatives in order to maintain competitiveness in
cost and quality.
h. Company will provide Reseller with one (1) demonstration unit at no cost, to be
used for customer presentations, demos, and other such marketing activities.
The unit will remain the property of Company, but will be available for the term
of the agreement, for exclusive use by Reseller.

IN WITNESS WHEREOF, by their signatures below, the parties have caused this
Memorandum of Understanding to be executed and effective as of the Effective Date.

March 19, 2020

COMPANY RESELLER

IRMA RISMAWATI(KURIRKOPI MANAGER) MIZAL YOHANES

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