Rhode Island 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 Rhode Island Reseller Agreement, also known as a Nonexclusive Reseller Agreement, is a legal contract that outlines the terms and conditions for appointing a reseller to sell products on behalf of a company or individual. This agreement helps establish a mutually beneficial relationship between the supplier and the reseller by defining their roles, responsibilities, and obligations. In Rhode Island, there are two common types of Reseller Agreements: 1. Rhode Island Nonexclusive Reseller Agreement: This type of agreement allows the appointed reseller to sell the supplier's products within a specific geographic area or target market. The supplier retains the right to appoint multiple resellers and also sell the products directly. 2. Rhode Island Exclusive Reseller Agreement: Unlike the nonexclusive agreement, an exclusive reseller agreement grants the appointed reseller sole rights to distribute and sell the supplier's products within a specific territory or target market. The supplier agrees not to appoint any other resellers or directly compete with the reseller in the defined area. Key elements included in a Rhode Island Reseller Agreement are as follows: 1. Parties: Clearly state the names and addresses of the supplier and the reseller. 2. Appointment: Specify the appointment of the reseller as a nonexclusive distributor of the supplier's products within the agreed-upon territory. 3. Product Details: Provide a detailed description of the products to be sold, including any specifications, models, or versions. 4. Territories: Clearly define the geographic area or market where the reseller is authorized to sell the supplier's products. 5. Pricing and Payment: Outline the pricing structure, payment terms, and any applicable discounts or commissions. 6. Marketing and Promotion: Define the marketing and promotional strategies to be employed by the reseller to promote and sell the supplier's products. 7. Intellectual Property: Address the intellectual property rights associated with the products and outline how they will be protected. 8. Term and Termination: Specify the duration of the agreement, including any provisions for termination by either party. 9. Confidentiality: Include a confidentiality clause to protect any sensitive or proprietary information shared between the parties. 10. Governing Law: Identify Rhode Island as the governing jurisdiction for any disputes or legal issues arising from the agreement. It is important to consult with a legal professional familiar with Rhode Island laws to ensure the Reseller Agreement complies with the state's specific regulations.

Rhode Island Reseller Agreement, also known as a Nonexclusive Reseller Agreement, is a legal contract that outlines the terms and conditions for appointing a reseller to sell products on behalf of a company or individual. This agreement helps establish a mutually beneficial relationship between the supplier and the reseller by defining their roles, responsibilities, and obligations. In Rhode Island, there are two common types of Reseller Agreements: 1. Rhode Island Nonexclusive Reseller Agreement: This type of agreement allows the appointed reseller to sell the supplier's products within a specific geographic area or target market. The supplier retains the right to appoint multiple resellers and also sell the products directly. 2. Rhode Island Exclusive Reseller Agreement: Unlike the nonexclusive agreement, an exclusive reseller agreement grants the appointed reseller sole rights to distribute and sell the supplier's products within a specific territory or target market. The supplier agrees not to appoint any other resellers or directly compete with the reseller in the defined area. Key elements included in a Rhode Island Reseller Agreement are as follows: 1. Parties: Clearly state the names and addresses of the supplier and the reseller. 2. Appointment: Specify the appointment of the reseller as a nonexclusive distributor of the supplier's products within the agreed-upon territory. 3. Product Details: Provide a detailed description of the products to be sold, including any specifications, models, or versions. 4. Territories: Clearly define the geographic area or market where the reseller is authorized to sell the supplier's products. 5. Pricing and Payment: Outline the pricing structure, payment terms, and any applicable discounts or commissions. 6. Marketing and Promotion: Define the marketing and promotional strategies to be employed by the reseller to promote and sell the supplier's products. 7. Intellectual Property: Address the intellectual property rights associated with the products and outline how they will be protected. 8. Term and Termination: Specify the duration of the agreement, including any provisions for termination by either party. 9. Confidentiality: Include a confidentiality clause to protect any sensitive or proprietary information shared between the parties. 10. Governing Law: Identify Rhode Island as the governing jurisdiction for any disputes or legal issues arising from the agreement. It is important to consult with a legal professional familiar with Rhode Island laws to ensure the Reseller Agreement complies with the state's specific regulations.