Reseller Agreement between Newbridge Networks Corporation and Millitech Corporation regarding the distribution of wireless product line such as radio frequency, microwave and millimeterwave electronic components and systems dated August 7, 1998. 19
Alabama Reseller Agreement is a legally binding contract that outlines the terms and conditions between a reseller and a manufacturer regarding the distribution of wireless product lines, specifically focusing on radio frequency (RF), microwave, and millimeter wave electronic components. This agreement is designed to govern the relationship between the two parties, ensuring a clear understanding of their rights, responsibilities, and obligations. The Alabama Reseller Agreement typically covers the following key aspects: 1. Parties: Identifies the reseller and the manufacturer, specifying their legal names, addresses, and contact information. 2. Product Line: Defines the wireless product line being distributed, including RF, microwave, and millimeter wave electronic components. It may provide specific details about the types of components, models, specifications, and quantities. 3. Territory: Specifies the limits and boundaries within which the reseller is authorized to distribute the wireless product line. It can be exclusive, granting the reseller sole distribution rights within a specific geographic area, or non-exclusive, allowing the manufacturer to engage with other resellers within the territory. 4. Appointment: States that the manufacturer appoints the reseller as its authorized distributor for the agreed-upon product line within the designated territory. It clarifies the rights and limitations of the reseller in promoting, marketing, and selling the products. 5. Price and Payment Terms: Outlines the pricing structure for the products, including wholesale prices, discounts, and any other terms related to payment. It may specify payment methods, currency, credit terms, and obligations related to invoicing and collections. Different types of Alabama Reseller Agreements include: 1. Exclusive Reseller Agreement: Grants the reseller exclusive rights to distribute the specified wireless product line within a defined territory, preventing the manufacturer from appointing other resellers in the same area. 2. Non-exclusive Reseller Agreement: Allows the manufacturer to engage multiple resellers for the distribution of the wireless product line within the designated territory, providing more flexibility and potential market reach. 3. Reseller-Distributor Agreement: Involves a reseller who not only distributes but also acts as a distributor, taking ownership of the products and reselling them to end customers. This type of agreement may include additional clauses related to inventory management, product returns, and warranty claims. 4. Reseller-Value Added Reseller (VAR) Agreement: Refers to a special type of reseller agreement where the reseller enhances the value of the wireless product line by integrating it with additional services or technologies before selling it to end customers. This agreement may include provisions regarding customization, technical support, and after-sales services. In conclusion, the Alabama Reseller Agreement for the distribution of wireless product lines, such as RF, microwave, and millimeter wave electronic components, is a critical legal document that governs the relationship between a reseller and a manufacturer. By clearly defining the parties, product line, territory, price, and payment terms, this agreement ensures a mutual understanding and sets the foundation for a successful business partnership.
Alabama Reseller Agreement is a legally binding contract that outlines the terms and conditions between a reseller and a manufacturer regarding the distribution of wireless product lines, specifically focusing on radio frequency (RF), microwave, and millimeter wave electronic components. This agreement is designed to govern the relationship between the two parties, ensuring a clear understanding of their rights, responsibilities, and obligations. The Alabama Reseller Agreement typically covers the following key aspects: 1. Parties: Identifies the reseller and the manufacturer, specifying their legal names, addresses, and contact information. 2. Product Line: Defines the wireless product line being distributed, including RF, microwave, and millimeter wave electronic components. It may provide specific details about the types of components, models, specifications, and quantities. 3. Territory: Specifies the limits and boundaries within which the reseller is authorized to distribute the wireless product line. It can be exclusive, granting the reseller sole distribution rights within a specific geographic area, or non-exclusive, allowing the manufacturer to engage with other resellers within the territory. 4. Appointment: States that the manufacturer appoints the reseller as its authorized distributor for the agreed-upon product line within the designated territory. It clarifies the rights and limitations of the reseller in promoting, marketing, and selling the products. 5. Price and Payment Terms: Outlines the pricing structure for the products, including wholesale prices, discounts, and any other terms related to payment. It may specify payment methods, currency, credit terms, and obligations related to invoicing and collections. Different types of Alabama Reseller Agreements include: 1. Exclusive Reseller Agreement: Grants the reseller exclusive rights to distribute the specified wireless product line within a defined territory, preventing the manufacturer from appointing other resellers in the same area. 2. Non-exclusive Reseller Agreement: Allows the manufacturer to engage multiple resellers for the distribution of the wireless product line within the designated territory, providing more flexibility and potential market reach. 3. Reseller-Distributor Agreement: Involves a reseller who not only distributes but also acts as a distributor, taking ownership of the products and reselling them to end customers. This type of agreement may include additional clauses related to inventory management, product returns, and warranty claims. 4. Reseller-Value Added Reseller (VAR) Agreement: Refers to a special type of reseller agreement where the reseller enhances the value of the wireless product line by integrating it with additional services or technologies before selling it to end customers. This agreement may include provisions regarding customization, technical support, and after-sales services. In conclusion, the Alabama Reseller Agreement for the distribution of wireless product lines, such as RF, microwave, and millimeter wave electronic components, is a critical legal document that governs the relationship between a reseller and a manufacturer. By clearly defining the parties, product line, territory, price, and payment terms, this agreement ensures a mutual understanding and sets the foundation for a successful business partnership.