Distribution Agreement between Infogrames Multimedia, S.A., Infogrames Entertainment, SA and GT Interactive Software, Corp. regarding the distribution, publishing and marketing of products dated December 16, 1999. 10 pages.
A New Jersey Distribution Agreement is a legal contract that governs the distribution, publishing, and marketing of games and software products in the state of New Jersey. This agreement outlines the terms and conditions between the manufacturer or developer of the products (referred to as the Supplier) and the distributor or publisher (referred to as the Distributor). This agreement is crucial for establishing a clear understanding of the parties' rights, responsibilities, and obligations in the distribution process. It ensures that both the Supplier and the Distributor are on the same page regarding the terms of sale, pricing, contractual arrangements, intellectual property rights, and marketing efforts. The New Jersey Distribution Agreement covers various aspects such as: 1. Territory: The agreement specifies the geographical area in which the Distributor has the right to distribute the games and software products. It can be limited to only New Jersey or may extend to other regions or even the entire United States. 2. Intellectual Property: The agreement addresses the ownership rights of the games and software products. It outlines the Supplier's intellectual property rights, including trademarks, copyrights, and patents, while also clarifying that the Distributor has no ownership claims. 3. Exclusive vs. Non-Exclusive: There can be different types of distribution agreements based on exclusivity. An Exclusive Distribution Agreement grants the Distributor the sole right to distribute the games and software products within the defined territory, prohibiting the Supplier from appointing other distributors in the same area. Non-Exclusive Distribution Agreements allow the Supplier to appoint multiple distributors within the territory. 4. Distribution Obligations: The Distributor's responsibilities are outlined in the agreement. This includes the commitment to actively promote, market, and sell the games and software products within the designated territory. It may also include specific sales targets or minimum order quantities that the Distributor needs to meet. 5. Pricing and Payment: The agreement includes provisions regarding the pricing structure, such as wholesale prices, suggested retail prices, or discounts. It also outlines the payment terms, including the method of payment, payment schedule, and any penalties for late payments. 6. Term and Termination: The agreement specifies the duration of the distribution relationship, known as the term. It also outlines the conditions under which either party can terminate the agreement, including breach of contract, failure to meet sales targets, or any other defined circumstances. It's important to note that while the specific name for different types of New Jersey Distribution Agreements may vary, the key elements mentioned above are typically present in all such agreements. These agreements aim to establish a mutually beneficial relationship between the Supplier and Distributor, enabling effective distribution, publishing, and marketing of games and software products in New Jersey and beyond.
A New Jersey Distribution Agreement is a legal contract that governs the distribution, publishing, and marketing of games and software products in the state of New Jersey. This agreement outlines the terms and conditions between the manufacturer or developer of the products (referred to as the Supplier) and the distributor or publisher (referred to as the Distributor). This agreement is crucial for establishing a clear understanding of the parties' rights, responsibilities, and obligations in the distribution process. It ensures that both the Supplier and the Distributor are on the same page regarding the terms of sale, pricing, contractual arrangements, intellectual property rights, and marketing efforts. The New Jersey Distribution Agreement covers various aspects such as: 1. Territory: The agreement specifies the geographical area in which the Distributor has the right to distribute the games and software products. It can be limited to only New Jersey or may extend to other regions or even the entire United States. 2. Intellectual Property: The agreement addresses the ownership rights of the games and software products. It outlines the Supplier's intellectual property rights, including trademarks, copyrights, and patents, while also clarifying that the Distributor has no ownership claims. 3. Exclusive vs. Non-Exclusive: There can be different types of distribution agreements based on exclusivity. An Exclusive Distribution Agreement grants the Distributor the sole right to distribute the games and software products within the defined territory, prohibiting the Supplier from appointing other distributors in the same area. Non-Exclusive Distribution Agreements allow the Supplier to appoint multiple distributors within the territory. 4. Distribution Obligations: The Distributor's responsibilities are outlined in the agreement. This includes the commitment to actively promote, market, and sell the games and software products within the designated territory. It may also include specific sales targets or minimum order quantities that the Distributor needs to meet. 5. Pricing and Payment: The agreement includes provisions regarding the pricing structure, such as wholesale prices, suggested retail prices, or discounts. It also outlines the payment terms, including the method of payment, payment schedule, and any penalties for late payments. 6. Term and Termination: The agreement specifies the duration of the distribution relationship, known as the term. It also outlines the conditions under which either party can terminate the agreement, including breach of contract, failure to meet sales targets, or any other defined circumstances. It's important to note that while the specific name for different types of New Jersey Distribution Agreements may vary, the key elements mentioned above are typically present in all such agreements. These agreements aim to establish a mutually beneficial relationship between the Supplier and Distributor, enabling effective distribution, publishing, and marketing of games and software products in New Jersey and beyond.