Therefore, the parties agree as follows:
1. Product. Reseller receives the Prodigy Waste Recycling Biogas system from Company with the sole intention of distribution and sale for the region of Country. The product made available to Reseller comes with three respective capacities, namely 250 Kg, 500 Kg and 1000 Kg.
2. Length of Agreement. The Parties agree that this Agreement will remain in effect for as long as Reseller abides sales targets, unless otherwise determined by either Party. Extension shall be evaluated and discussed on a semi-annual basis with an initial sales target of 70 units in the first year of distribution.
3. Distribution Rights & Territory. Reseller will be granted the rights to resell the Product for the Country market. These rights are non-exclusive of nature until a Purchase Order has been established for at least 2 units, upon which exclusivity can be discussed and potentially granted.
4. Responsibilities of Reseller. Reseller shall satisfy the following responsibilities at all times during the term of this Agreement:
a. Reseller at no time shall engage in any unfair trade practices with respect to Company or Products, and shall make no false or misleading representations with respect to Company or Products. Reseller shall refrain from communicating any information with respect to guarantees or warranties regarding Products, except such as are expressly authorized by Company or set forth in Company’s literature or other promotional materials.
b. Reseller shall not use Company’s tradenames or trademarks or any names closely resembling same as part of Reseller’s corporate or business name, or in any manner which Company, in its sole discretion, may consider misleading or otherwise objectionable.
c. Reseller shall not rebrand or violate international patents placed onto Product.
Therefore, the parties agree as follows:
1. Product. Reseller receives the Prodigy Waste Recycling Biogas system from Company with the sole intention of distribution and sale for the region of Country. The product made available to Reseller comes with three respective capacities, namely 250 Kg, 500 Kg and 1000 Kg.
2. Length of Agreement. The Parties agree that this Agreement will remain in effect for as long as Reseller abides sales targets, unless otherwise determined by either Party. Extension shall be evaluated and discussed on a semi-annual basis with an initial sales target of 70 units in the first year of distribution.
3. Distribution Rights & Territory. Reseller will be granted the rights to resell the Product for the Country market. These rights are non-exclusive of nature until a Purchase Order has been established for at least 2 units, upon which exclusivity can be discussed and potentially granted.
4. Responsibilities of Reseller. Reseller shall satisfy the following responsibilities at all times during the term of this Agreement:
a. Reseller at no time shall engage in any unfair trade practices with respect to Company or Products, and shall make no false or misleading representations with respect to Company or Products. Reseller shall refrain from communicating any information with respect to guarantees or warranties regarding Products, except such as are expressly authorized by Company or set forth in Company’s literature or other promotional materials.
b. Reseller shall not use Company’s tradenames or trademarks or any names closely resembling same as part of Reseller’s corporate or business name, or in any manner which Company, in its sole discretion, may consider misleading or otherwise objectionable.
c. Reseller shall not rebrand or violate international patents placed onto Product.
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