Terminal Products Manufacturing Agreement between Warner Power LLC, WPI Group, Inc. and WPI Oyster Termiflex, Inc. dated December 22, 1999. 14 pages
Salt Lake Utah Terminal Products Manufacturing Agreement: The Salt Lake Utah Terminal Products Manufacturing Agreement is a legal contract entered into between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc. This agreement outlines the terms and conditions under which the manufacturing of terminal products will take place in the Salt Lake area of Utah. It serves as a binding document that governs the relationship, responsibilities, and obligations of all parties involved. Key terms and provisions covered in the agreement include: 1. Scope of Manufacturing: The agreement specifies the exact nature and scope of the terminal products to be manufactured, including specifications, designs, technical details, and quality standards. 2. Intellectual Property Rights: It addresses the ownership and protection of intellectual property related to the manufacturing process, patents, trademarks, copyrights, and trade secrets. It outlines how such intellectual property will be shared, licensed, or retained by the involved parties. 3. Manufacturing Process: The agreement details the manufacturing process, including timelines, raw material sourcing, production capacity, quality control measures, and compliance with applicable laws and regulations. 4. Pricing and Payment: It establishes the pricing structure, payment terms, and any applicable taxes or fees associated with the manufacturing of terminal products. It also includes provisions for any potential adjustments in pricing due to unforeseen circumstances. 5. Confidentiality and Non-Disclosure: The agreement emphasizes the importance of maintaining confidentiality regarding proprietary information, trade secrets, and other sensitive data shared during the manufacturing process. It puts in place measures to prevent disclosure to unauthorized parties. 6. Termination and Dispute Resolution: The agreement includes provisions for termination of the manufacturing agreement due to breach of terms, non-performance, or other relevant circumstances. It outlines the process for dispute resolution, which may include negotiation, mediation, or arbitration. 7. Governing Law and Jurisdiction: It specifies the governing law under which the agreement will be interpreted and enforced. It also determines the appropriate jurisdiction for resolving any legal disputes that may arise. Types of Salt Lake Utah Terminal Products Manufacturing Agreements between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc.: 1. Exclusive Manufacturing Agreement: A manufacturing agreement where Warner Power LLC grants exclusive rights to WEI Group, Inc. and WEI Oyster Terrible, Inc. to manufacture terminal products within the Salt Lake Utah terminal manufacturing facility. This type of agreement ensures that no other party can compete in the same space. 2. Non-Exclusive Manufacturing Agreement: A manufacturing agreement that allows Warner Power LLC to engage multiple manufacturers, including WEI Group, Inc. and WEI Oyster Terrible, Inc., to produce terminal products in the Salt Lake Utah facility. This type of agreement provides flexibility by enabling manufacturing to be spread across different parties. 3. Supply Agreement: A manufacturing agreement focused on the supply of terminal products from WEI Group, Inc. and WEI Oyster Terrible, Inc. to Warner Power LLC. This type of agreement typically includes provisions related to order quantities, delivery schedules, and quality control. In conclusion, the Salt Lake Utah Terminal Products Manufacturing Agreement between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc. serves as a comprehensive legal document that regulates the manufacturing process of terminal products in Salt Lake Utah. It covers various essential aspects, including scope of manufacturing, intellectual property rights, manufacturing process, pricing and payment, confidentiality, termination, and dispute resolution. The agreement can be either exclusive or non-exclusive, based on the specific terms agreed upon, and may also take the form of a supply agreement depending on the specific focus of the agreement.
Salt Lake Utah Terminal Products Manufacturing Agreement: The Salt Lake Utah Terminal Products Manufacturing Agreement is a legal contract entered into between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc. This agreement outlines the terms and conditions under which the manufacturing of terminal products will take place in the Salt Lake area of Utah. It serves as a binding document that governs the relationship, responsibilities, and obligations of all parties involved. Key terms and provisions covered in the agreement include: 1. Scope of Manufacturing: The agreement specifies the exact nature and scope of the terminal products to be manufactured, including specifications, designs, technical details, and quality standards. 2. Intellectual Property Rights: It addresses the ownership and protection of intellectual property related to the manufacturing process, patents, trademarks, copyrights, and trade secrets. It outlines how such intellectual property will be shared, licensed, or retained by the involved parties. 3. Manufacturing Process: The agreement details the manufacturing process, including timelines, raw material sourcing, production capacity, quality control measures, and compliance with applicable laws and regulations. 4. Pricing and Payment: It establishes the pricing structure, payment terms, and any applicable taxes or fees associated with the manufacturing of terminal products. It also includes provisions for any potential adjustments in pricing due to unforeseen circumstances. 5. Confidentiality and Non-Disclosure: The agreement emphasizes the importance of maintaining confidentiality regarding proprietary information, trade secrets, and other sensitive data shared during the manufacturing process. It puts in place measures to prevent disclosure to unauthorized parties. 6. Termination and Dispute Resolution: The agreement includes provisions for termination of the manufacturing agreement due to breach of terms, non-performance, or other relevant circumstances. It outlines the process for dispute resolution, which may include negotiation, mediation, or arbitration. 7. Governing Law and Jurisdiction: It specifies the governing law under which the agreement will be interpreted and enforced. It also determines the appropriate jurisdiction for resolving any legal disputes that may arise. Types of Salt Lake Utah Terminal Products Manufacturing Agreements between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc.: 1. Exclusive Manufacturing Agreement: A manufacturing agreement where Warner Power LLC grants exclusive rights to WEI Group, Inc. and WEI Oyster Terrible, Inc. to manufacture terminal products within the Salt Lake Utah terminal manufacturing facility. This type of agreement ensures that no other party can compete in the same space. 2. Non-Exclusive Manufacturing Agreement: A manufacturing agreement that allows Warner Power LLC to engage multiple manufacturers, including WEI Group, Inc. and WEI Oyster Terrible, Inc., to produce terminal products in the Salt Lake Utah facility. This type of agreement provides flexibility by enabling manufacturing to be spread across different parties. 3. Supply Agreement: A manufacturing agreement focused on the supply of terminal products from WEI Group, Inc. and WEI Oyster Terrible, Inc. to Warner Power LLC. This type of agreement typically includes provisions related to order quantities, delivery schedules, and quality control. In conclusion, the Salt Lake Utah Terminal Products Manufacturing Agreement between Warner Power LLC, WEI Group, Inc., and WEI Oyster Terrible, Inc. serves as a comprehensive legal document that regulates the manufacturing process of terminal products in Salt Lake Utah. It covers various essential aspects, including scope of manufacturing, intellectual property rights, manufacturing process, pricing and payment, confidentiality, termination, and dispute resolution. The agreement can be either exclusive or non-exclusive, based on the specific terms agreed upon, and may also take the form of a supply agreement depending on the specific focus of the agreement.