Annex 2

Delivery fee sharing and taxes

1. Delivery fee sharing

1.1 Under negotiation between the two parties, Flash express agreed to use ____________% of the commission in the shipping fee as the income of the Partner to collect the parcel.

1.2 Partner agrees to the commission rate stipulated in this agreement, Flash Express can be adjusted according to the market and order volume, and the Partner shall be notified in written form, email, or other Flash Express official channels.

1.3 Partner submitting invoice time: commission invoices for this month must be submitted to flash express before the 10th of the following month. If the invoice is not submitted on time, Flash express has the right to deduct according to the ff:

a. 5 days overdue, 10% of the invoice amount will be deducted;

b. 10 days overdue, 20% of the invoice amount will be deducted;

c. overdue more than 10 days, Flash express does not pay related payments.

2. COD handling fee sharing

2.1 COD handling fee charged to the customers shall be 3% of the value of the Products plus VAT, as applicable. Among them, 2% of the COD handling fee is the operation service fee of flash express, the remaining portion shall be Partner’s share.

2.2 The partner is obliged to inform the sender that after Flash express pays the sender’s COD payment for the goods, if the sender has any objection to the COD payment, he can notify the sender by email within 30 natural days after receiving the Cod payment Flash express, and attach relevant certificates. If it is overdue, Flash express will not process it.

2. 3 Payment Terms

The revenue sharing shall be calculated based on the standard delivery fee of Flash Express multiplied by the revenue sharing ratio as specified in the attachment to this Agreement. Partner shall remit the revenue share portion of Flash Express and agree that Flash Express will use the payment method of Partner's existing e-wallet with Flash Express.

3.Taxes

3.1 Standard delivery fees are inclusive of VAT and subject to the applicable withholding tax

3.2. All fees, incentives or share payable to Partner by Flash Express, shall likewise be deemed VAT inclusive and subject to the applicable withholding taxes

3.3 Any and all taxes or fees which may be imposed for the execution of this Contract, including DST when applicable, shall be for the account of the Partner. Partner shall provide proof of such payment to Flash Express.

3.4. All fees, share, or penalties payable by the Partner to Flash Express shall be deemed inclusive of VAT and subject to the applicable withholding tax. Partner shall provide Flash Express with BIR Certificate 2303 for tax withheld.
3.5. Partner acknowledges that such delivery rates and other fees and profits haring percentage may be changed from time to time by Flash Express, upon notice.