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Reseller Agreement regarding appointment of nonexclusive reseller of products 2025

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The document is a Reseller Agreement between Efficient Networks, Inc. and Cabletron Systems, Inc., effective from November 21, 1999. It outlines the terms of their partnership, including definitions of key terms, responsibilities of both parties, product branding and pricing, warranty terms, payment conditions, and confidentiality obligations. The agreement establishes a non-exclusive reseller relationship for Efficient's products and includes provisions for support, intellectual property rights, termination conditions, and dispute resolution.

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What are the clauses in a franchise agreement?

Some of the most common clauses in a franchise agreement include: general provisions, including cooling-off periods and the length of the agreement; obligations and responsibilities, including training, fees, intellectual property and confidentiality clauses; and. renewal and termination clauses.

What is the exclusivity clause in a reseller agreement?

Granting important customers, distributors, resellers or other third parties exclusive rights to pricing, products, channels, etc. is not uncommon, but these arrangements must be entered into cautiously. By giving a third party exclusive rights to something, you are agreeing not to give that same thing to anyone else.

What is a resell clause?

This is sometimes referred to as a resell clause. Essentially what this phrase means is that any attrition penalties that are incurred will only be applied if the hotel is not sold out. For example, if you exceed your allowed attrition by 10% on a 100-room block, you would be responsible for 10 rooms.

How to structure a reseller agreement?

How to Create a Reseller Agreement Define the Products or Services. The first step in creating a reseller agreement is to clearly define the products or services being sold. Determine the Commission Structure. Outline the Terms and Conditions. Include a Termination Clause. Consult with a Lawyer.

What is the buyback clause in a reseller agreement?

A buyback option is a contractual clause that grants the seller the right, but not the obligation, to repurchase an asset from the buyer at a predetermined price within a specified timeframe.

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What is a non exclusive reseller?

Exclusive distribution agreements grant a single distributor the sole right to sell a product in a specific market, while non-exclusive agreements allow multiple distributors to sell the same product.

What are the clauses of a reseller agreement?

A Reseller Agreement should include clauses on parties to the agreement, definitions, appointment and authorization, products and pricing, order and delivery terms, payment terms, reseller obligations, vendor obligations, intellectual property rights, confidentiality, term and termination, warranties and liabilities,

Reseller Agreement regarding appointment of nonexclusive reseller of products 2025

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What are the clauses in a franchise agreement?

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