Amendment No. 1 to Research, Development and Distribution Agreement between Innovative Global Solution, Inc. and LG Electronics, Inc. regarding the development, marketing and servicing of wireless telecommunications products dated September 1, 1999. 6
South Dakota Amended Research, Development, and Distribution Agreement Regarding the Development, Marketing, and Servicing of Wireless Telecommunications Products The South Dakota Amended Research, Development, and Distribution Agreement (EDDA) is a legally binding contract that outlines the relationship and obligations between two or more parties involved in the development, marketing, and servicing of wireless telecommunications products within the state of South Dakota. This agreement aims to enhance research, foster innovation, and promote the growth of the wireless telecommunications' industry. 1. Types of South Dakota Amended EDDA: a. Research Collaboration Agreement: This type of EDDA focuses on joint research efforts between organizations or entities involved in the wireless telecommunications' industry. It outlines the scope of research, responsibilities of each party, intellectual property rights, and the sharing of research findings. b. Development and Distribution Agreement: This type of EDDA deals with the creation, development, and distribution of wireless telecommunications products. It outlines the responsibilities of each party regarding product design, testing, manufacturing, marketing, and sales. It also addresses issues such as pricing, royalties, and warranties. c. Marketing and Servicing Agreement: This type of EDDA concentrates on the marketing and servicing aspects of wireless telecommunications products. It defines the roles and responsibilities of each party in advertising, promotion, distribution channels, customer support, and after-sales service. It may also include provisions for joint marketing campaigns and cooperative advertising activities. d. Licensing Agreement: This type of EDDA allows one party to grant the other party the right to use its intellectual property, technology, or patents related to wireless telecommunications products. It specifies the terms and conditions for such licensing, including royalties, exclusivity, territorial limitations, and the duration of the agreement. e. Distribution Agreement: This type of EDDA focuses specifically on the distribution of wireless telecommunications products. It outlines the responsibilities of each party regarding inventory, logistics, shipping, returns, and customer support. It may also include provisions for exclusive distribution rights or territories, if applicable. The South Dakota Amended EDDA is designed to facilitate collaboration, foster innovation, and drive economic growth in the wireless telecommunications' industry. It provides a framework for parties to establish mutual goals, define roles and responsibilities, protect intellectual property, and ensure a fair and competitive market for wireless telecommunications products within South Dakota.
South Dakota Amended Research, Development, and Distribution Agreement Regarding the Development, Marketing, and Servicing of Wireless Telecommunications Products The South Dakota Amended Research, Development, and Distribution Agreement (EDDA) is a legally binding contract that outlines the relationship and obligations between two or more parties involved in the development, marketing, and servicing of wireless telecommunications products within the state of South Dakota. This agreement aims to enhance research, foster innovation, and promote the growth of the wireless telecommunications' industry. 1. Types of South Dakota Amended EDDA: a. Research Collaboration Agreement: This type of EDDA focuses on joint research efforts between organizations or entities involved in the wireless telecommunications' industry. It outlines the scope of research, responsibilities of each party, intellectual property rights, and the sharing of research findings. b. Development and Distribution Agreement: This type of EDDA deals with the creation, development, and distribution of wireless telecommunications products. It outlines the responsibilities of each party regarding product design, testing, manufacturing, marketing, and sales. It also addresses issues such as pricing, royalties, and warranties. c. Marketing and Servicing Agreement: This type of EDDA concentrates on the marketing and servicing aspects of wireless telecommunications products. It defines the roles and responsibilities of each party in advertising, promotion, distribution channels, customer support, and after-sales service. It may also include provisions for joint marketing campaigns and cooperative advertising activities. d. Licensing Agreement: This type of EDDA allows one party to grant the other party the right to use its intellectual property, technology, or patents related to wireless telecommunications products. It specifies the terms and conditions for such licensing, including royalties, exclusivity, territorial limitations, and the duration of the agreement. e. Distribution Agreement: This type of EDDA focuses specifically on the distribution of wireless telecommunications products. It outlines the responsibilities of each party regarding inventory, logistics, shipping, returns, and customer support. It may also include provisions for exclusive distribution rights or territories, if applicable. The South Dakota Amended EDDA is designed to facilitate collaboration, foster innovation, and drive economic growth in the wireless telecommunications' industry. It provides a framework for parties to establish mutual goals, define roles and responsibilities, protect intellectual property, and ensure a fair and competitive market for wireless telecommunications products within South Dakota.