New Mexico Reseller Agreement regarding appointment of nonexclusive reseller of products

• Category: Corporations - Public - Resellers
• State: Multi-State
• Control #: US-EG-9404
• Format: Word; Rich Text

Description

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 Mexico Reseller Agreement is a legally binding contract that establishes the terms and conditions under which a nonexclusive reseller is appointed to distribute and sell products within the state of New Mexico. This agreement outlines the rights and responsibilities of both the reseller and the product manufacturer or supplier. In a nonexclusive reseller agreement, the appointed reseller is granted the right to sell the products in a specific territory within New Mexico, but the manufacturer or supplier retains the right to appoint other resellers for the same products in the same region. The main components of a New Mexico Reseller Agreement typically include: 1. Parties Involved: This section identifies the parties involved in the agreement, including the reseller and the manufacturer or supplier. 2. Appointment: The agreement specifies that the manufacturer or supplier appoints the reseller as a nonexclusive distributor of its products within New Mexico. 3. Territory: The agreement defines the specific territory within New Mexico where the reseller is authorized to sell the products. 4. Products: This section provides a detailed description of the products that the reseller is authorized to distribute and sell. It may include specifications, models, quantities, and any limitations on the type of products covered under the agreement. 5. Obligations of the Manufacturer/Supplier: This outlines the responsibilities of the manufacturer or supplier, such as providing the reseller with product information, marketing materials, technical support, and maintaining inventory levels. 6. Obligations of the Reseller: This section outlines the obligations of the reseller, including marketing and promoting the products, maintaining product knowledge, providing sales reports, and adhering to any pricing or branding guidelines set by the manufacturer or supplier. 7. Pricing and Payment: This section specifies the pricing structure and payment terms between the reseller and the manufacturer or supplier. It may include details on pricing discounts, commissions, payment methods, and delivery terms. 8. Intellectual Property: The agreement addresses intellectual property rights, including trademarks, copyrights, and trade secrets. It may include provisions for the reseller to use the manufacturer's or supplier's trademarks and branding materials strictly for promotional purposes. 9. Term and Termination: This section defines the duration of the agreement and the conditions under which either party can terminate the agreement. It may include provisions for notice periods, breach of contract, and dispute resolution procedures. 10. Non-Competition: In some cases, a New Mexico Reseller Agreement may include restrictions on the reseller's ability to distribute or sell competing products during the term of the agreement. Types of New Mexico Reseller Agreements regarding the appointment of nonexclusive resellers may vary depending on industry, product type, and specific business requirements. However, the core elements mentioned above generally apply across most agreements in this category.

The New Mexico Reseller Agreement is a legally binding contract that establishes the terms and conditions under which a nonexclusive reseller is appointed to distribute and sell products within the state of New Mexico. This agreement outlines the rights and responsibilities of both the reseller and the product manufacturer or supplier. In a nonexclusive reseller agreement, the appointed reseller is granted the right to sell the products in a specific territory within New Mexico, but the manufacturer or supplier retains the right to appoint other resellers for the same products in the same region. The main components of a New Mexico Reseller Agreement typically include: 1. Parties Involved: This section identifies the parties involved in the agreement, including the reseller and the manufacturer or supplier. 2. Appointment: The agreement specifies that the manufacturer or supplier appoints the reseller as a nonexclusive distributor of its products within New Mexico. 3. Territory: The agreement defines the specific territory within New Mexico where the reseller is authorized to sell the products. 4. Products: This section provides a detailed description of the products that the reseller is authorized to distribute and sell. It may include specifications, models, quantities, and any limitations on the type of products covered under the agreement. 5. Obligations of the Manufacturer/Supplier: This outlines the responsibilities of the manufacturer or supplier, such as providing the reseller with product information, marketing materials, technical support, and maintaining inventory levels. 6. Obligations of the Reseller: This section outlines the obligations of the reseller, including marketing and promoting the products, maintaining product knowledge, providing sales reports, and adhering to any pricing or branding guidelines set by the manufacturer or supplier. 7. Pricing and Payment: This section specifies the pricing structure and payment terms between the reseller and the manufacturer or supplier. It may include details on pricing discounts, commissions, payment methods, and delivery terms. 8. Intellectual Property: The agreement addresses intellectual property rights, including trademarks, copyrights, and trade secrets. It may include provisions for the reseller to use the manufacturer's or supplier's trademarks and branding materials strictly for promotional purposes. 9. Term and Termination: This section defines the duration of the agreement and the conditions under which either party can terminate the agreement. It may include provisions for notice periods, breach of contract, and dispute resolution procedures. 10. Non-Competition: In some cases, a New Mexico Reseller Agreement may include restrictions on the reseller's ability to distribute or sell competing products during the term of the agreement. Types of New Mexico Reseller Agreements regarding the appointment of nonexclusive resellers may vary depending on industry, product type, and specific business requirements. However, the core elements mentioned above generally apply across most agreements in this category.