Contract Agreement

Parties
This contract is entered into by Horizon Industries, Inc. ("Party A"), a manufacturing company headquartered in Los Angeles, California, 
and Silver Creek Solutions, LLC ("Party B"), a logistics and distribution firm based in Dallas, Texas. The agreement is effective as of 
October 1, 2024.
Recitals
WHEREAS, Horizon Industries, Inc. specializes in the production of high-quality consumer electronics and has developed a new product, 
hereinafter referred to as Product X; and
WHEREAS, Silver Creek Solutions, LLC is a logistics and distribution company with a network capable of delivering large volumes 
of products across North America; and
WHEREAS, both parties desire to enter into this agreement whereby Horizon Industries, Inc. agrees to supply, and Silver Creek Solutions, LLC 
agrees to purchase, the specified number of units of Product X, in accordance with the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows:
Obligations
1. Horizon Industries, Inc. agrees to manufacture and deliver 10,000 units of Product X to Silver Creek Solutions, LLC at its primary 
   distribution center in Dallas, Texas, no later than December 1, 2024. 
   - All units must conform to the specifications listed in Exhibit A, attached hereto and incorporated by reference.
2. Silver Creek Solutions, LLC agrees to provide the necessary warehousing space, labor, and handling for the delivered goods.
3. Silver Creek Solutions, LLC shall make a payment of $500,000 to Horizon Industries, Inc. for the delivered goods, to be paid 
   within 30 days following receipt of the products.
4. Horizon Industries, Inc. shall provide a one-year warranty covering any manufacturing defects or failures in Product X, 
   excluding damages caused by improper handling or misuse after delivery.
5. Both parties agree to comply with all applicable federal and state regulations, including Consumer Product Safety Act (CPSA) requirements 
   and Federal Trade Commission (FTC) regulations regarding product labeling and marketing.
Pricing and Payment Terms
1. The agreed price of $500,000 is inclusive of all taxes, fees, and delivery charges.
2. Payments shall be made via electronic funds transfer (EFT) to the account details specified by Horizon Industries, Inc. 
3. Late payments shall incur a penalty fee of 1.5% of the outstanding balance for each month the payment remains overdue.
Deadlines
1. Delivery of Product X to be completed by December 1, 2024.
2. Payment from Silver Creek Solutions, LLC must be completed within 30 days of receipt of the goods.
3. Warranty claims must be initiated within 12 months of delivery.
Penalties and Incentives
1. Late Delivery Penalty: If Horizon Industries, Inc. fails to deliver the products by December 1, 2024, a penalty of 2% 
   of the contract value per week of delay shall apply.
2. Early Payment Incentive: If Silver Creek Solutions, LLC completes payment within 10 days of receipt, a 1% discount 
   on the total contract amount will be applied.
3. Warranty Coverage: Should any units be found defective within the warranty period, Horizon Industries, Inc. is obligated 
   to repair or replace the defective units at no additional cost.
Termination
1. Either party may terminate this agreement with 30 days' written notice in the event of a material breach by the other party, 
   provided the breach is not remedied within 15 days of receiving notice.
2. Upon termination, any outstanding payments shall be settled within 15 days.
Confidentiality
1. Both parties agree to maintain the confidentiality of proprietary information shared during the term of this agreement and for 
   five years thereafter.
2. Neither party shall disclose any proprietary or sensitive information to third parties without prior written consent.
Indemnification
1. Each party shall indemnify and hold the other harmless from and against any and all claims, liabilities, damages, or expenses 
   arising from the breach of this contract.
Governing Law and Dispute Resolution
1. This contract shall be governed by the laws of the State of California, without regard to its conflict of laws principles.
2. In the event of a dispute, the parties agree to first seek mediation. If mediation fails, the dispute shall be settled by 
   binding arbitration in Los Angeles, California.
Entire Agreement
This agreement constitutes the entire understanding between the parties and supersedes all prior agreements, understandings, and 
communications, whether written or oral, related to the subject matter herein.
Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Contract Agreement as of the day and year first above written.
Horizon Industries, Inc.  
By: _  
Title: _  
Date:   
Silver Creek Solutions, LLC  
By: _  
Title: _  
Date: