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
The Ohio Reseller Agreement is a legally binding contract that establishes the terms and conditions for the distribution of various wireless product lines, specifically focusing on radio frequency (RF), microwave, and millimeter wave electronic components. This agreement is designed to govern the partnership between a reseller and a supplier, ensuring a clear understanding of responsibilities, obligations, and rights in the distribution process. Key elements typically included in the Ohio Reseller Agreement include: 1. Parties involved: Clearly identify the parties involved in the agreement, including the reseller (distributor) and the supplier (manufacturer). 2. Product description: Provide a comprehensive description of the wireless product line being distributed, with specific emphasis on the RF, microwave, and millimeter wave electronic components. 3. Territory: Define the geographic region or territory where the reseller is authorized to distribute the wireless products. It may be limited to Ohio or expanded to cover additional areas. 4. Distribution rights: Specify the exclusive or non-exclusive rights granted to the reseller for the distribution of the wireless product line. This section may also include restrictions on selling to certain customers or market segments. 5. Sales and marketing obligations: Detail the reseller's responsibilities regarding sales targets, promotional activities, marketing support, and any cooperative advertising programs. This helps in securing effective product placement and market penetration. 6. Pricing and payment terms: Establish the pricing structure, including the cost to the reseller and the suggested retail price for end customers. Payment terms, such as invoicing procedures, payment deadlines, and any discounts or rebates, should also be clearly outlined. 7. Inventory and product return policies: Specify the reseller's obligation to maintain an appropriate inventory level of the wireless product line, as well as the procedure for returning defective or unsold products. This section may also address issues related to warranty and technical support. 8. Intellectual property rights: Address the protection and use of intellectual property, including trademarks, patents, copyrights, and trade secrets, to prevent unauthorized use or infringement. 9. Term and termination: Define the duration of the agreement and specify the conditions under which either party may terminate the contract, such as non-compliance with obligations, breach of terms, or changes in business circumstances. 10. Confidentiality and non-disclosure: Include provisions to ensure the confidentiality of proprietary information shared between the parties during the distribution process, safeguarding trade secrets and competitive advantages. Different types of Ohio Reseller Agreements specific to the distribution of wireless product lines may be: 1. Ohio Reseller Agreement for Radio Frequency (RF) Electronic Components Distribution 2. Ohio Reseller Agreement for Microwave Electronic Components Distribution 3. Ohio Reseller Agreement for Millimeter wave Electronic Components Distribution These agreements may have specialized clauses or considerations tailored to the specific characteristics and requirements of each product line.
The Ohio Reseller Agreement is a legally binding contract that establishes the terms and conditions for the distribution of various wireless product lines, specifically focusing on radio frequency (RF), microwave, and millimeter wave electronic components. This agreement is designed to govern the partnership between a reseller and a supplier, ensuring a clear understanding of responsibilities, obligations, and rights in the distribution process. Key elements typically included in the Ohio Reseller Agreement include: 1. Parties involved: Clearly identify the parties involved in the agreement, including the reseller (distributor) and the supplier (manufacturer). 2. Product description: Provide a comprehensive description of the wireless product line being distributed, with specific emphasis on the RF, microwave, and millimeter wave electronic components. 3. Territory: Define the geographic region or territory where the reseller is authorized to distribute the wireless products. It may be limited to Ohio or expanded to cover additional areas. 4. Distribution rights: Specify the exclusive or non-exclusive rights granted to the reseller for the distribution of the wireless product line. This section may also include restrictions on selling to certain customers or market segments. 5. Sales and marketing obligations: Detail the reseller's responsibilities regarding sales targets, promotional activities, marketing support, and any cooperative advertising programs. This helps in securing effective product placement and market penetration. 6. Pricing and payment terms: Establish the pricing structure, including the cost to the reseller and the suggested retail price for end customers. Payment terms, such as invoicing procedures, payment deadlines, and any discounts or rebates, should also be clearly outlined. 7. Inventory and product return policies: Specify the reseller's obligation to maintain an appropriate inventory level of the wireless product line, as well as the procedure for returning defective or unsold products. This section may also address issues related to warranty and technical support. 8. Intellectual property rights: Address the protection and use of intellectual property, including trademarks, patents, copyrights, and trade secrets, to prevent unauthorized use or infringement. 9. Term and termination: Define the duration of the agreement and specify the conditions under which either party may terminate the contract, such as non-compliance with obligations, breach of terms, or changes in business circumstances. 10. Confidentiality and non-disclosure: Include provisions to ensure the confidentiality of proprietary information shared between the parties during the distribution process, safeguarding trade secrets and competitive advantages. Different types of Ohio Reseller Agreements specific to the distribution of wireless product lines may be: 1. Ohio Reseller Agreement for Radio Frequency (RF) Electronic Components Distribution 2. Ohio Reseller Agreement for Microwave Electronic Components Distribution 3. Ohio Reseller Agreement for Millimeter wave Electronic Components Distribution These agreements may have specialized clauses or considerations tailored to the specific characteristics and requirements of each product line.