Efficient Networks Reseller Agreement between Efficient Networks, Inc. and Cabletron Systems, Inc., Fire Acquisition Corporation and Flowpoint Corporation, Inc. regarding appointment of non-exclusive reseller of products dated November 21, 1999. 23
The New Hampshire Reseller Agreement is a legally binding document that governs the relationship between a company (the "Manufacturer") and a nonexclusive reseller (the "Reseller") for the sale and distribution of products. This agreement appoints the Reseller as an authorized reseller, allowing them to market, advertise, and sell the Manufacturer's products within a specified territory. Key terms in this agreement focus on the appointment, obligations, and rights of both parties. The agreement outlines the scope of the Reseller's authority, establishing that it is nonexclusive, meaning the Manufacturer may appoint other resellers in the same territory. However, the agreement should specify if there are any restrictions or limitations on the Reseller's activities, such as exclusivity within a particular market segment. In addition to appointment details, the agreement will address the Reseller's obligations, including the promotion and marketing of the products, compliance with relevant laws and regulations, and maintaining a suitable stock level to fulfill customer orders. It may also include provisions regarding minimum purchase requirements, payment terms, and inventory management. To protect the Manufacturer's brand image, the agreement will typically contain provisions related to quality control, intellectual property rights, advertising guidelines, and restrictions on use of trademarks or proprietary information. Confidentiality provisions are crucial, safeguarding any sensitive information shared between the parties during the course of the agreement. It may include clauses addressing the return or destruction of confidential information upon termination. Termination provisions should be outlined, specifying the circumstances under which either party can terminate the agreement, the notice period required, and any potential post-termination obligations or restrictions. While the New Hampshire Reseller Agreement is generally applicable to most cases, there may be variations or specific types of agreements based on different industries or sectors. Some examples of these agreements include: 1. Software Reseller Agreement: Specifically tailored for reselling software licenses or SaaS (Software as a Service) products. 2. Wholesale Reseller Agreement: Geared towards resellers who buy products in bulk for subsequent resale to retailers or end consumers. 3. Online Reseller Agreement: Designed for resellers who operate primarily through online platforms. 4. Distributorship Agreement: Similar to a reseller agreement, but typically involves a more significant level of responsibility, including warehousing, order fulfillment, and customer support. It is advisable to consult with legal professionals experienced in New Hampshire state law to ensure the Reseller Agreement accurately reflects the specifics of the business transaction and complies with state regulations.
The New Hampshire Reseller Agreement is a legally binding document that governs the relationship between a company (the "Manufacturer") and a nonexclusive reseller (the "Reseller") for the sale and distribution of products. This agreement appoints the Reseller as an authorized reseller, allowing them to market, advertise, and sell the Manufacturer's products within a specified territory. Key terms in this agreement focus on the appointment, obligations, and rights of both parties. The agreement outlines the scope of the Reseller's authority, establishing that it is nonexclusive, meaning the Manufacturer may appoint other resellers in the same territory. However, the agreement should specify if there are any restrictions or limitations on the Reseller's activities, such as exclusivity within a particular market segment. In addition to appointment details, the agreement will address the Reseller's obligations, including the promotion and marketing of the products, compliance with relevant laws and regulations, and maintaining a suitable stock level to fulfill customer orders. It may also include provisions regarding minimum purchase requirements, payment terms, and inventory management. To protect the Manufacturer's brand image, the agreement will typically contain provisions related to quality control, intellectual property rights, advertising guidelines, and restrictions on use of trademarks or proprietary information. Confidentiality provisions are crucial, safeguarding any sensitive information shared between the parties during the course of the agreement. It may include clauses addressing the return or destruction of confidential information upon termination. Termination provisions should be outlined, specifying the circumstances under which either party can terminate the agreement, the notice period required, and any potential post-termination obligations or restrictions. While the New Hampshire Reseller Agreement is generally applicable to most cases, there may be variations or specific types of agreements based on different industries or sectors. Some examples of these agreements include: 1. Software Reseller Agreement: Specifically tailored for reselling software licenses or SaaS (Software as a Service) products. 2. Wholesale Reseller Agreement: Geared towards resellers who buy products in bulk for subsequent resale to retailers or end consumers. 3. Online Reseller Agreement: Designed for resellers who operate primarily through online platforms. 4. Distributorship Agreement: Similar to a reseller agreement, but typically involves a more significant level of responsibility, including warehousing, order fulfillment, and customer support. It is advisable to consult with legal professionals experienced in New Hampshire state law to ensure the Reseller Agreement accurately reflects the specifics of the business transaction and complies with state regulations.