Wake North Carolina Agreement between E.C. Net Manufacturing, LLC and Ichargeit.Com, Inc. regarding joint venture of fulfillment and distribution center and pricing and revenue of shipments

• Category: Corporations - Public - Agreements
• State: Multi-State
• County: Wake
• Control #: US-EG-9245
• Format: Word; Rich Text

Description

Agreement between E.C. Net Manufacturing, LLC and Ichargeit.Com, Inc. regarding joint venture of a fulfillment and distribution center and pricing and revenue of shipments dated February 1, 1999. 2 pages. The Wake North Carolina Agreement between E.C. Net Manufacturing, LLC and Charge. Com, Inc. is a legally binding contract that outlines the terms and conditions of their joint venture to establish a fulfillment and distribution center in Wake County, North Carolina. This agreement also covers the pricing and revenue for shipments made by the joint venture. Under this agreement, both parties agree to collaborate and pool their resources to establish a state-of-the-art fulfillment and distribution center in Wake County. The center will be equipped with advanced technology and systems to efficiently handle and process orders, shipments, and inventory management. It will serve as a hub for both companies' products, providing seamless distribution and fulfillment services to their customers. The agreement outlines the responsibilities and obligations of each party involved in the joint venture. E.C. Net Manufacturing, LLC, as one of the partners, will contribute its expertise in manufacturing and product development, while Charge. Com, Inc. will bring its e-commerce platform, marketing prowess, and customer base to the venture. Both parties are committed to working together in good faith, leveraging their respective strengths to ensure the success of the joint venture. One of the key aspects covered in the Wake North Carolina Agreement is the pricing structure for shipments made from the fulfillment and distribution center. The agreement establishes the method and formula for determining the pricing of shipments based on various factors, including weight, distance, and any additional services or special requirements requested by customers. It also outlines the payment terms and conditions, specifying the currency, invoicing process, and timeline for settling payments. In addition to pricing, the agreement delves into revenue sharing. It defines how the revenue generated from the shipments will be allocated between the two companies. The distribution of revenue may be based on specific percentages defined in the agreement or calculated on a case-by-case basis, considering factors such as the volume of shipments and the associated costs. While the above details are common features of the standard Wake North Carolina Agreement, it is important to note that agreements can be customized and tailored based on the unique requirements and preferences of the parties involved. Therefore, there may be various types or variations of this agreement between E.C. Net Manufacturing, LLC and Charge. Com, Inc. regarding their joint venture of a fulfillment and distribution center, pricing, and revenue of shipments. These variations may include differences in specific terms, pricing models, profit-sharing arrangements, and duration of the agreement. Ultimately, the Wake North Carolina Agreement serves as a legally binding document that ensures transparency, accountability, and mutual benefit for both E.C. Net Manufacturing, LLC and Charge. Com, Inc. in their joint venture to establish a fulfillment and distribution center and efficiently manage the pricing and revenue of shipments.

The Wake North Carolina Agreement between E.C. Net Manufacturing, LLC and Charge. Com, Inc. is a legally binding contract that outlines the terms and conditions of their joint venture to establish a fulfillment and distribution center in Wake County, North Carolina. This agreement also covers the pricing and revenue for shipments made by the joint venture. Under this agreement, both parties agree to collaborate and pool their resources to establish a state-of-the-art fulfillment and distribution center in Wake County. The center will be equipped with advanced technology and systems to efficiently handle and process orders, shipments, and inventory management. It will serve as a hub for both companies' products, providing seamless distribution and fulfillment services to their customers. The agreement outlines the responsibilities and obligations of each party involved in the joint venture. E.C. Net Manufacturing, LLC, as one of the partners, will contribute its expertise in manufacturing and product development, while Charge. Com, Inc. will bring its e-commerce platform, marketing prowess, and customer base to the venture. Both parties are committed to working together in good faith, leveraging their respective strengths to ensure the success of the joint venture. One of the key aspects covered in the Wake North Carolina Agreement is the pricing structure for shipments made from the fulfillment and distribution center. The agreement establishes the method and formula for determining the pricing of shipments based on various factors, including weight, distance, and any additional services or special requirements requested by customers. It also outlines the payment terms and conditions, specifying the currency, invoicing process, and timeline for settling payments. In addition to pricing, the agreement delves into revenue sharing. It defines how the revenue generated from the shipments will be allocated between the two companies. The distribution of revenue may be based on specific percentages defined in the agreement or calculated on a case-by-case basis, considering factors such as the volume of shipments and the associated costs. While the above details are common features of the standard Wake North Carolina Agreement, it is important to note that agreements can be customized and tailored based on the unique requirements and preferences of the parties involved. Therefore, there may be various types or variations of this agreement between E.C. Net Manufacturing, LLC and Charge. Com, Inc. regarding their joint venture of a fulfillment and distribution center, pricing, and revenue of shipments. These variations may include differences in specific terms, pricing models, profit-sharing arrangements, and duration of the agreement. Ultimately, the Wake North Carolina Agreement serves as a legally binding document that ensures transparency, accountability, and mutual benefit for both E.C. Net Manufacturing, LLC and Charge. Com, Inc. in their joint venture to establish a fulfillment and distribution center and efficiently manage the pricing and revenue of shipments.