Channel Partner Program Templates

This template does not constitute legal advice, nor does it substitute for legal advice. Always consult with a legal professional before entering into any agreement or contractual obligation. • The Company will provide the Reseller with the necessary information about the Company's services to enable the Reseller to effectively promote the Product(s); • The Company will provide the Reseller with pricing terms in accordance with the terms and conditions of Exhibit A of this Agreement; and • The Company will provide necessary training and support to the Reseller to enable them to fulfill their obligations under this Agreement effectively. SECTION 4: PRICE, PAYMENT, AND DELIVERY 4.1 Pricing and Payment: The pricing for the Product(s) purchased by the Reseller from the Company shall be as outlined in Exhibit A. All prices are exclusive of any taxes, fees, duties, or other amounts, however designated, and including, without limitation, value-added and withholding taxes that are levied or based upon such charges, or upon this Agreement. Any taxes related to the Product(s) purchased pursuant to this Agreement are the responsibility of the Reseller. Unless otherwise specified in writing by the Company, all payments are due in full, without any deduction or withholding, within _____ days from the date of the Company's invoice. 4.2 Product Delivery: The terms of product delivery, including the location and method of delivery, will be as detailed in Exhibit B. The risk of loss or damage to the Products shall pass to the Reseller upon the Company's delivery of the Products to the carrier for shipment. The Reseller is responsible for all costs associated with delivery, including freight, insurance, and fees associated with import and export duties as applicable. 4.3 Late Payment: If the Reseller fails to make any payment when due then, without limiting the Company's other rights and remedies, the Company may apply interest on the overdue amount at an interest rate of ___% per month or, if lower, the maximum rate permitted under applicable law. 4.4 Payment Disputes: If the Reseller disputes any invoice or other statement of monies due, the Reseller shall immediately notify the Company in writing. The Parties shall negotiate in good faith to attempt to resolve the dispute promptly. SECTION 5: CONFIDENTIALITY 5.1 Definition: "Confidential Information" means any information that a Party ("Disclosing Party") discloses to the other Party ("Receiving Party") that is either designated as confidential at the time of disclosure or should be reasonably understood to be confidential given the nature of the information and circumstances of disclosure. Confidential Information may include, but is not limited to, business plans, customer lists, financial information, marketing strategies, non-public information relating to products or services, and other proprietary information. 5.2 Non-Disclosure: The Receiving Party agrees to keep all Confidential Information strictly confidential. The Receiving Party will not disclose or make available any Confidential Information to any third party without the prior written consent of the Disclosing Party. The Receiving Party will use the Confidential Information solely for the purpose of performing its obligations under this Agreement.

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