Terminal Products Manufacturing Agreement between Warner Power LLC, WPI Group, Inc. and WPI Oyster Termiflex, Inc. dated December 22, 1999. 14 pages
Nevada Terminal Products Manufacturing Agreement is a contractual agreement between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc. It outlines the terms and conditions under which Warner Power LLC, a manufacturer of electrical components, will engage the WEI Group, Inc. and its subsidiary, WEI Oyster Terrible, Inc., for the manufacturing of terminal products in Nevada. This agreement establishes the roles, responsibilities, and obligations of all parties involved. It provides a comprehensive framework for the manufacturing process, including specifications, quality control, delivery schedules, and pricing terms. By entering into this contract, Warner Power LLC aims to leverage the manufacturing expertise and capabilities of the WEI Group, Inc. and WEI Oyster Terrible, Inc. to produce terminal products that meet its rigorous standards and cater to customer demands. Key provisions in the Nevada Terminal Products Manufacturing Agreement include: 1. Scope of Work: This section defines the specific terminal products to be manufactured and their associated technical specifications. It may cover various types of terminal products such as connectors, terminals, cable assemblies, and other electrical components. 2. Manufacturing Process: It outlines the manufacturing process, including raw material sourcing, production techniques, quality control measures, and testing procedures. Compliance with industry standards and regulations is highlighted. 3. Intellectual Property: This clause ensures that the intellectual property rights pertaining to the terminal products, including any designs, patents, or proprietary technology, remain with Warner Power LLC. It may also include provisions for the protection of confidential information. 4. Pricing and Payment: The agreement stipulates the pricing structure for the terminal products and the payment terms agreed upon by all parties. It may include details regarding deposit requirements, milestone payments, and any applicable taxes or fees. 5. Delivery and Shipping: This section addresses the logistics of product delivery, including shipping responsibilities, delivery timelines, packaging requirements, and transportation arrangements. It focuses on ensuring timely delivery and minimizing any risk of damage during transit. 6. Term and Termination: The agreement specifies the duration of the manufacturing agreement and the process for terminating the contract. It may include provisions for termination due to breaches of contractual obligations, non-performance, or force majeure events. 7. Dispute Resolution: This clause outlines the procedures and methods for resolving any disputes that may arise during the course of the agreement. Mediation, arbitration, or litigation options may be discussed, depending on the preferences of the involved parties. Different types of Nevada Terminal Products Manufacturing Agreements may exist based on specific variations in terms, scope, or products. These may include 'Exclusive Manufacturing Agreement,' 'Prototype Manufacturing Agreement,' 'Recurring Order Manufacturing Agreement,' or 'Custom Manufacturing Agreement,' among others. Each type caters to different scenarios or requirements and may entail varying terms and conditions. In summary, the Nevada Terminal Products Manufacturing Agreement between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc. provides a detailed framework for the manufacturing of terminal products. It ensures effective collaboration, high-quality production, and adherence to contractual obligations, benefiting all parties involved.
Nevada Terminal Products Manufacturing Agreement is a contractual agreement between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc. It outlines the terms and conditions under which Warner Power LLC, a manufacturer of electrical components, will engage the WEI Group, Inc. and its subsidiary, WEI Oyster Terrible, Inc., for the manufacturing of terminal products in Nevada. This agreement establishes the roles, responsibilities, and obligations of all parties involved. It provides a comprehensive framework for the manufacturing process, including specifications, quality control, delivery schedules, and pricing terms. By entering into this contract, Warner Power LLC aims to leverage the manufacturing expertise and capabilities of the WEI Group, Inc. and WEI Oyster Terrible, Inc. to produce terminal products that meet its rigorous standards and cater to customer demands. Key provisions in the Nevada Terminal Products Manufacturing Agreement include: 1. Scope of Work: This section defines the specific terminal products to be manufactured and their associated technical specifications. It may cover various types of terminal products such as connectors, terminals, cable assemblies, and other electrical components. 2. Manufacturing Process: It outlines the manufacturing process, including raw material sourcing, production techniques, quality control measures, and testing procedures. Compliance with industry standards and regulations is highlighted. 3. Intellectual Property: This clause ensures that the intellectual property rights pertaining to the terminal products, including any designs, patents, or proprietary technology, remain with Warner Power LLC. It may also include provisions for the protection of confidential information. 4. Pricing and Payment: The agreement stipulates the pricing structure for the terminal products and the payment terms agreed upon by all parties. It may include details regarding deposit requirements, milestone payments, and any applicable taxes or fees. 5. Delivery and Shipping: This section addresses the logistics of product delivery, including shipping responsibilities, delivery timelines, packaging requirements, and transportation arrangements. It focuses on ensuring timely delivery and minimizing any risk of damage during transit. 6. Term and Termination: The agreement specifies the duration of the manufacturing agreement and the process for terminating the contract. It may include provisions for termination due to breaches of contractual obligations, non-performance, or force majeure events. 7. Dispute Resolution: This clause outlines the procedures and methods for resolving any disputes that may arise during the course of the agreement. Mediation, arbitration, or litigation options may be discussed, depending on the preferences of the involved parties. Different types of Nevada Terminal Products Manufacturing Agreements may exist based on specific variations in terms, scope, or products. These may include 'Exclusive Manufacturing Agreement,' 'Prototype Manufacturing Agreement,' 'Recurring Order Manufacturing Agreement,' or 'Custom Manufacturing Agreement,' among others. Each type caters to different scenarios or requirements and may entail varying terms and conditions. In summary, the Nevada Terminal Products Manufacturing Agreement between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc. provides a detailed framework for the manufacturing of terminal products. It ensures effective collaboration, high-quality production, and adherence to contractual obligations, benefiting all parties involved.