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
Virginia Reseller Agreement is a legally binding contract that outlines the terms and conditions under which a reseller can distribute wireless product lines, specifically those related to radio frequency, microwave, and millimeter wave electronic components. This agreement serves as a framework for the relationship between the manufacturer or supplier of these products and the reseller. The main purpose of a Virginia Reseller Agreement is to establish the rights and obligations of both parties involved in the distribution process. It ensures that the reseller can effectively market, sell, and distribute the wireless product line while protecting the rights of the manufacturer or supplier. The agreement typically covers various important aspects, which may include, but are not limited to, the following: 1. Product Line: The agreement specifies the specific wireless product line that the reseller is authorized to distribute. This may encompass a range of radio frequency, microwave, and millimeter wave electronic components. 2. Territory: The agreement will define the geographical area in which the reseller is allowed to distribute the products. It may be limited to Virginia or expand to include other states or regions. 3. Term and Termination: The agreement stipulates the duration of the contract and conditions under which either party can terminate it. This includes provisions for early termination, breach of contract, or non-performance. 4. Pricing and Payment: The agreement outlines the pricing structure for the products, including any discounts or commissions that the reseller may be entitled to. It also clarifies payment terms and methods. 5. Intellectual Property Rights: The agreement addresses intellectual property rights related to the wireless product line, ensuring that the reseller does not infringe upon any trademarks, copyrights, or patents. 6. Marketing and Promotion: The agreement may include provisions regarding marketing and promotional activities conducted by the reseller, such as advertising, trade shows, and online promotions. 7. Obligations and Responsibilities: The agreement defines the responsibilities and obligations of both parties, including product warranties, customer support, and technical assistance. 8. Confidentiality and Non-Disclosure: The agreement may include clauses that require the reseller to keep certain information confidential, particularly trade secrets, pricing information, and customer lists. It is worth noting that while the description above provides a general overview of a Virginia Reseller Agreement related to the distribution of wireless product lines, there may be different types or variations of this agreement depending on the specific circumstances or industry requirements. These variations may include exclusive distribution agreements, non-exclusive distribution agreements, or hybrid agreements that combine elements of both.
Virginia Reseller Agreement is a legally binding contract that outlines the terms and conditions under which a reseller can distribute wireless product lines, specifically those related to radio frequency, microwave, and millimeter wave electronic components. This agreement serves as a framework for the relationship between the manufacturer or supplier of these products and the reseller. The main purpose of a Virginia Reseller Agreement is to establish the rights and obligations of both parties involved in the distribution process. It ensures that the reseller can effectively market, sell, and distribute the wireless product line while protecting the rights of the manufacturer or supplier. The agreement typically covers various important aspects, which may include, but are not limited to, the following: 1. Product Line: The agreement specifies the specific wireless product line that the reseller is authorized to distribute. This may encompass a range of radio frequency, microwave, and millimeter wave electronic components. 2. Territory: The agreement will define the geographical area in which the reseller is allowed to distribute the products. It may be limited to Virginia or expand to include other states or regions. 3. Term and Termination: The agreement stipulates the duration of the contract and conditions under which either party can terminate it. This includes provisions for early termination, breach of contract, or non-performance. 4. Pricing and Payment: The agreement outlines the pricing structure for the products, including any discounts or commissions that the reseller may be entitled to. It also clarifies payment terms and methods. 5. Intellectual Property Rights: The agreement addresses intellectual property rights related to the wireless product line, ensuring that the reseller does not infringe upon any trademarks, copyrights, or patents. 6. Marketing and Promotion: The agreement may include provisions regarding marketing and promotional activities conducted by the reseller, such as advertising, trade shows, and online promotions. 7. Obligations and Responsibilities: The agreement defines the responsibilities and obligations of both parties, including product warranties, customer support, and technical assistance. 8. Confidentiality and Non-Disclosure: The agreement may include clauses that require the reseller to keep certain information confidential, particularly trade secrets, pricing information, and customer lists. It is worth noting that while the description above provides a general overview of a Virginia Reseller Agreement related to the distribution of wireless product lines, there may be different types or variations of this agreement depending on the specific circumstances or industry requirements. These variations may include exclusive distribution agreements, non-exclusive distribution agreements, or hybrid agreements that combine elements of both.