North Carolina Reseller Agreement regarding the Distribution of Wireless Product Line such as Radio Frequency, Microwave and Millimeterwave Electronic Components

• Category: Corporations - Public - Resellers
• State: Multi-State
• Control #: US-EG-9398
• Format: Word; Rich Text

Description

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 North Carolina Reseller Agreement for the Distribution of Radio Frequency, Microwave, and Millimeter wave Electronic Components Introduction: A North Carolina Reseller Agreement is a legally binding contract between a supplier or manufacturer and a reseller located in the state of North Carolina. This agreement outlines the terms and conditions under which the reseller will distribute wireless product lines, specifically focusing on radio frequency, microwave, and millimeter wave electronic components. This detailed description will highlight the key components and keywords relevant to the agreement. 1. Parties Involved: The agreement identifies the parties involved, including the supplier or manufacturer, referred to as the "Provider," and the reseller, referred to as the "Reseller." Both parties must be legally recognized entities in the state of North Carolina. 2. Purpose: The purpose of this agreement is to establish a business relationship wherein the Provider grants the Reseller the right to distribute and sell their wireless product line consisting of radio frequency, microwave, and millimeter wave electronic components within the designated territory of North Carolina. 3. Territory: The agreement defines the specific territory within North Carolina where the Reseller is authorized to distribute the wireless product line. The territory can be restricted to certain regions, cities, or counties, based on the agreement. 4. Products: The agreement specifies the wireless product lines that fall within the scope of the agreement, such as radio frequency, microwave, and millimeter wave electronic components. It defines the types, models, and specifications of the products covered, ensuring both parties have a clear understanding. 5. Exclusivity: The agreement may offer exclusivity rights to the Reseller within the designated territory, meaning that no other resellers or distributors will be authorized to sell the same wireless product line in that specific area. 6. Pricing and Payment: The agreement outlines the pricing structure for the wireless components and establishes the payment terms and conditions to be followed by the Reseller. It covers aspects such as wholesale pricing, discount rates, payment due dates, and acceptable payment methods. 7. Marketing and Advertising: The agreement may include provisions related to marketing and advertising support provided by the Provider to the Reseller. It can specify cooperative marketing efforts, promotional materials, branding guidelines, and any financial responsibilities for marketing initiatives shared between the parties. 8. Intellectual Property and Trademarks: The agreement addresses the protection of intellectual property rights, such as patents, copyrights, and trademarks, associated with the wireless product line. It clarifies the Reseller's obligations to respect and not infringe upon the Provider's intellectual property. 9. Term and Termination: The agreement has a defined term, which may be a specific duration or renewable annually. It also includes provisions for termination, such as breach of contract, bankruptcy, or mutual agreement between the parties. 10. Confidentiality: The agreement stipulates the confidentiality obligations of both parties regarding any sensitive or proprietary information exchanged during the course of the business relationship. Different Types of North Carolina Reseller Agreements: 1. Non-Exclusive Reseller Agreement: This type of agreement grants the Reseller the right to distribute the wireless product line without exclusivity. The Provider can appoint multiple resellers within the same territory. 2. Exclusive Reseller Agreement: This agreement provides the Reseller with exclusive rights to distribute the wireless product line within the designated territory. No other resellers or distributors will be authorized within the specified area. 3. Limited Territory Reseller Agreement: This type of agreement restricts the Reseller's distribution rights to a specific territory within North Carolina, such as a particular region, city, or county. 4. Renewal Reseller Agreement: This agreement allows for the renewal of the reseller relationship after the initial term expires. The terms and conditions for renewal are established within the original agreement.

North Carolina Reseller Agreement for the Distribution of Radio Frequency, Microwave, and Millimeter wave Electronic Components Introduction: A North Carolina Reseller Agreement is a legally binding contract between a supplier or manufacturer and a reseller located in the state of North Carolina. This agreement outlines the terms and conditions under which the reseller will distribute wireless product lines, specifically focusing on radio frequency, microwave, and millimeter wave electronic components. This detailed description will highlight the key components and keywords relevant to the agreement. 1. Parties Involved: The agreement identifies the parties involved, including the supplier or manufacturer, referred to as the "Provider," and the reseller, referred to as the "Reseller." Both parties must be legally recognized entities in the state of North Carolina. 2. Purpose: The purpose of this agreement is to establish a business relationship wherein the Provider grants the Reseller the right to distribute and sell their wireless product line consisting of radio frequency, microwave, and millimeter wave electronic components within the designated territory of North Carolina. 3. Territory: The agreement defines the specific territory within North Carolina where the Reseller is authorized to distribute the wireless product line. The territory can be restricted to certain regions, cities, or counties, based on the agreement. 4. Products: The agreement specifies the wireless product lines that fall within the scope of the agreement, such as radio frequency, microwave, and millimeter wave electronic components. It defines the types, models, and specifications of the products covered, ensuring both parties have a clear understanding. 5. Exclusivity: The agreement may offer exclusivity rights to the Reseller within the designated territory, meaning that no other resellers or distributors will be authorized to sell the same wireless product line in that specific area. 6. Pricing and Payment: The agreement outlines the pricing structure for the wireless components and establishes the payment terms and conditions to be followed by the Reseller. It covers aspects such as wholesale pricing, discount rates, payment due dates, and acceptable payment methods. 7. Marketing and Advertising: The agreement may include provisions related to marketing and advertising support provided by the Provider to the Reseller. It can specify cooperative marketing efforts, promotional materials, branding guidelines, and any financial responsibilities for marketing initiatives shared between the parties. 8. Intellectual Property and Trademarks: The agreement addresses the protection of intellectual property rights, such as patents, copyrights, and trademarks, associated with the wireless product line. It clarifies the Reseller's obligations to respect and not infringe upon the Provider's intellectual property. 9. Term and Termination: The agreement has a defined term, which may be a specific duration or renewable annually. It also includes provisions for termination, such as breach of contract, bankruptcy, or mutual agreement between the parties. 10. Confidentiality: The agreement stipulates the confidentiality obligations of both parties regarding any sensitive or proprietary information exchanged during the course of the business relationship. Different Types of North Carolina Reseller Agreements: 1. Non-Exclusive Reseller Agreement: This type of agreement grants the Reseller the right to distribute the wireless product line without exclusivity. The Provider can appoint multiple resellers within the same territory. 2. Exclusive Reseller Agreement: This agreement provides the Reseller with exclusive rights to distribute the wireless product line within the designated territory. No other resellers or distributors will be authorized within the specified area. 3. Limited Territory Reseller Agreement: This type of agreement restricts the Reseller's distribution rights to a specific territory within North Carolina, such as a particular region, city, or county. 4. Renewal Reseller Agreement: This agreement allows for the renewal of the reseller relationship after the initial term expires. The terms and conditions for renewal are established within the original agreement.