Product Manufacturing Agreement . dated November 8, 1999. 9 pages
San Antonio Texas Product Manufacturing Agreement is a legally binding document that establishes the terms, conditions, and obligations between Welles Corporation and Velocity, Inc. in relation to the manufacturing of products in San Antonio, Texas. This agreement outlines the rights and responsibilities of both parties involved in the manufacturing process, including the specifications, quality standards, and intellectual property rights associated with the products. It establishes the roles and responsibilities of each party, ensuring a smooth and efficient production process. The agreement covers various types of San Antonio Texas Product Manufacturing Agreements between Welles Corporation and Velocity, Inc. These include but are not limited to: 1. Exclusive Manufacturing Agreement: This type of agreement grants Welles Corporation the exclusive right to manufacture products for Velocity, Inc. in San Antonio, Texas. It ensures that Velocity, Inc. solely relies on Welles Corporation for their manufacturing needs. 2. Non-Exclusive Manufacturing Agreement: In this type of agreement, Welles Corporation is authorized to manufacture products for Velocity, Inc., but Velocity, Inc. is not restricted from engaging with other manufacturers in San Antonio, Texas or elsewhere. 3. Indemnity Agreement: This additional agreement specifies that Welles Corporation shall indemnify and hold Velocity, Inc. harmless from any claims, damages, or liabilities arising from the manufacturing process. 4. Quality Control Agreement: This agreement outlines the quality control measures and standards that must be adhered to by both parties. It ensures that the manufactured products meet the specified quality requirements. 5. Intellectual Property Agreement: This agreement addresses the ownership and protection of intellectual property rights associated with the products. It establishes the conditions under which Welles Corporation may use Velocity, Inc.'s intellectual property and vice versa. These agreements serve to protect the interests of both Welles Corporation and Velocity, Inc. while facilitating a mutually beneficial manufacturing partnership. They provide a framework that enables smooth collaboration, efficient production, and successful product manufacturing in San Antonio, Texas.
San Antonio Texas Product Manufacturing Agreement is a legally binding document that establishes the terms, conditions, and obligations between Welles Corporation and Velocity, Inc. in relation to the manufacturing of products in San Antonio, Texas. This agreement outlines the rights and responsibilities of both parties involved in the manufacturing process, including the specifications, quality standards, and intellectual property rights associated with the products. It establishes the roles and responsibilities of each party, ensuring a smooth and efficient production process. The agreement covers various types of San Antonio Texas Product Manufacturing Agreements between Welles Corporation and Velocity, Inc. These include but are not limited to: 1. Exclusive Manufacturing Agreement: This type of agreement grants Welles Corporation the exclusive right to manufacture products for Velocity, Inc. in San Antonio, Texas. It ensures that Velocity, Inc. solely relies on Welles Corporation for their manufacturing needs. 2. Non-Exclusive Manufacturing Agreement: In this type of agreement, Welles Corporation is authorized to manufacture products for Velocity, Inc., but Velocity, Inc. is not restricted from engaging with other manufacturers in San Antonio, Texas or elsewhere. 3. Indemnity Agreement: This additional agreement specifies that Welles Corporation shall indemnify and hold Velocity, Inc. harmless from any claims, damages, or liabilities arising from the manufacturing process. 4. Quality Control Agreement: This agreement outlines the quality control measures and standards that must be adhered to by both parties. It ensures that the manufactured products meet the specified quality requirements. 5. Intellectual Property Agreement: This agreement addresses the ownership and protection of intellectual property rights associated with the products. It establishes the conditions under which Welles Corporation may use Velocity, Inc.'s intellectual property and vice versa. These agreements serve to protect the interests of both Welles Corporation and Velocity, Inc. while facilitating a mutually beneficial manufacturing partnership. They provide a framework that enables smooth collaboration, efficient production, and successful product manufacturing in San Antonio, Texas.