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
Illinois Reseller Agreement for the Distribution of Wireless Product Line: The Illinois Reseller Agreement is a legal contract designed to govern the distribution of wireless product lines, specifically focusing on radio frequency, microwave, and millimeter wave electronic components within the state of Illinois. This agreement outlines the rights, responsibilities, and obligations of both the reseller and the distributor, ensuring a fair and transparent business relationship. It establishes the terms and conditions under which the distributor allows the reseller to sell and market the wireless product line within the assigned territory. Key provisions covered in the Illinois Reseller Agreement may include the following: 1. Parties Involved: Clearly identifies the entities involved in the agreement, namely the distributor and the reseller. It includes relevant contact information for both parties. 2. Territory: Specifies the geographical area within the state of Illinois in which the reseller is granted the right to distribute the wireless product line. It is important to define the limitations and exclusivity, if any, associated with the territory. 3. Rights and Obligations: Outlines the rights and obligations of both the distributor and the reseller. This includes the distributor's responsibility to provide the reseller with the necessary inventory, technical support, marketing materials, and training. It also outlines the reseller's obligations, such as meeting sales targets, providing accurate reports, and maintaining appropriate product knowledge. 4. Product Line: Describes the specific wireless product lines that are covered under the agreement, highlighting components related to radio frequency, microwave, and millimeter wave technologies. This section may provide details about the specifications, models, pricing, minimum order quantities, and any restrictions on resale. 5. Pricing and Payment: Sets forth the pricing structure for the wireless product line, including any discounts, commissions, or rebates. It also outlines the payment terms, such as deadlines for payments, accepted methods of payment, and any penalties for late payments. 6. Intellectual Property: Addresses the intellectual property rights associated with the wireless product line. It clarifies ownership of trademarks, trade names, patents, copyrights, and any other proprietary information, preventing unauthorized use or infringement. 7. Term and Termination: Defines the length of the agreement, specifying the start date and the conditions for renewal or termination. It may include provisions for early termination, such as breach of contract, non-performance, or violation of non-compete clauses. 8. Confidentiality and Non-Disclosure: Includes clauses to protect the confidential information shared between the distributor and the reseller. It ensures that any proprietary information, trade secrets, or customer data remain strictly confidential and are not disclosed to any third parties. Other types of Illinois Reseller Agreements related to the Distribution of Wireless Product Line may include variations based on specific technologies, niche markets, or customized terms and conditions. These could include agreements tailored to Radio Frequency Identification (RFID) components, Wireless Local Area Network (WLAN) products, or specialized millimeter wave applications. The specific categorization would depend on the unique nature of the products being distributed and the requirements of the parties involved.
Illinois Reseller Agreement for the Distribution of Wireless Product Line: The Illinois Reseller Agreement is a legal contract designed to govern the distribution of wireless product lines, specifically focusing on radio frequency, microwave, and millimeter wave electronic components within the state of Illinois. This agreement outlines the rights, responsibilities, and obligations of both the reseller and the distributor, ensuring a fair and transparent business relationship. It establishes the terms and conditions under which the distributor allows the reseller to sell and market the wireless product line within the assigned territory. Key provisions covered in the Illinois Reseller Agreement may include the following: 1. Parties Involved: Clearly identifies the entities involved in the agreement, namely the distributor and the reseller. It includes relevant contact information for both parties. 2. Territory: Specifies the geographical area within the state of Illinois in which the reseller is granted the right to distribute the wireless product line. It is important to define the limitations and exclusivity, if any, associated with the territory. 3. Rights and Obligations: Outlines the rights and obligations of both the distributor and the reseller. This includes the distributor's responsibility to provide the reseller with the necessary inventory, technical support, marketing materials, and training. It also outlines the reseller's obligations, such as meeting sales targets, providing accurate reports, and maintaining appropriate product knowledge. 4. Product Line: Describes the specific wireless product lines that are covered under the agreement, highlighting components related to radio frequency, microwave, and millimeter wave technologies. This section may provide details about the specifications, models, pricing, minimum order quantities, and any restrictions on resale. 5. Pricing and Payment: Sets forth the pricing structure for the wireless product line, including any discounts, commissions, or rebates. It also outlines the payment terms, such as deadlines for payments, accepted methods of payment, and any penalties for late payments. 6. Intellectual Property: Addresses the intellectual property rights associated with the wireless product line. It clarifies ownership of trademarks, trade names, patents, copyrights, and any other proprietary information, preventing unauthorized use or infringement. 7. Term and Termination: Defines the length of the agreement, specifying the start date and the conditions for renewal or termination. It may include provisions for early termination, such as breach of contract, non-performance, or violation of non-compete clauses. 8. Confidentiality and Non-Disclosure: Includes clauses to protect the confidential information shared between the distributor and the reseller. It ensures that any proprietary information, trade secrets, or customer data remain strictly confidential and are not disclosed to any third parties. Other types of Illinois Reseller Agreements related to the Distribution of Wireless Product Line may include variations based on specific technologies, niche markets, or customized terms and conditions. These could include agreements tailored to Radio Frequency Identification (RFID) components, Wireless Local Area Network (WLAN) products, or specialized millimeter wave applications. The specific categorization would depend on the unique nature of the products being distributed and the requirements of the parties involved.