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Title: |
Distribution Agreement |
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Entities: |
Ingram Micro Inc.; Datawatch Corp. |
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Date: |
2003 |
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Size: |
Preview shows 3KB of 24KB total |
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Price: |
$42 |
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ID: |
#149211 |
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DISTRIBUTION AGREEMENT
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THIS AGREEMENT (the "Agreement") is made and entered into as of December 10,
1992 by and between INGRAM MICRO INC., a California corporation (hereinafter
"Ingram") and DATAWATCH CORPORATION, a Delaware corporation (hereinafter
"Vendor").
RECITALS
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Vendor manufactures, produces, and/or supplies microcomputer products and
desires to grant to Ingram the right to sell and distribute certain of those
products, as hereinafter defined, upon the terms and conditions set forth below.
Ingram is engaged in the sales and distribution of microcomputer products and
desires to have the right to sell and distribute Vendor's products upon said
terms and conditions.
In consideration of the mutual covenants and agreements set forth below, the
parties hereto agree as follows:
1. GRANT OF DISTIRUBUTION RIGHTS.
1.1 Vendor hereby grants to Ingram, and Ingram accepts the non-exclusive right
to distribute worldwide all computer products produced and/or offered by Vendor
during the term of this Agreement, including those products listed on Exhibit A
attached hereto and made a part hereof (hereinafter all products to be
distributed shall be referred to as the "Product" or "Products").
1.2 Vendor agrees to make available and to sell to Ingram such Product as Ingram
shall order from Vendor at the prices and subject to the terms set forth in this
Agreement. Ingram shall not be required to purchase any minimum amount or
quantity of the Product.
1.3 Vendor may appoint other distributors to distribute its Products. Ingram
shall have the right to obtain and/or retain the rights to distribute any other
products, including products which may compete with the Products.
2. TERM.
2.1 The term of this Agreement shall be for a period of one (1) year, beginning
on the date first above written. Thereafter, this Agrreement shall be renewed
for successive one (1) year terms without further notice, unless terminated
sooner as provided under the provisions of this Agreement.
2.2 Either party may terminate this Agreement, with or without cause, by giving
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