This agreement is between Armden Cycling and the “Reseller”
1. RELATIONSHIPS
- The Reseller is an independent entity engaged in the purchasing of Armden Cycling’s products and services for resale to its customers. The Reseller is not an agent or legal representative of Armden Cycling for any purpose.
- Resellers have no authority to make any commitments on behalf of Armden Cycling.
- Resellers will not represent themselves in any way that implies the reseller is an agent or branch of Armden Cycling. Resellers will immediately change or discontinue any representation or business practice found to be misleading or deceptive by Armden Cycling upon formal notice.
2. TERM, LIMITATIONS, TERMINATION
- The term of this Agreement is twelve (12) months from the date of acceptance by Reseller and Armden Cycling. This Agreement shall automatically renew on each subsequent year for a one-year term, unless it is terminated earlier in accordance with this Agreement.
- Armden Cycling or Reseller may terminate this Agreement without cause at any time upon thirty (30) days written notice or with cause at any time upon fifteen (15) days written notice, except that neither the expiration nor earlier termination of this Agreement shall release either party from any obligation which has accrued as of the date of termination.
- Armden Cycling may, from time to time, give the Reseller written notice of amendments to this Agreement. Any such amendment will automatically become a part of this Agreement thirty (30) days from the date of the notice, unless otherwise specified in the notice.
3. USE OF Armden Cycling TRADEMARKS
“The Reseller acknowledges the following rights”
- Armden Cycling owns all rights, titles, and interests in Armden Cycling, including but not limited to logos, names, and geometries.
4. PROPRIETARY AND SENSITIVE INFORMATION
- Resellers shall exercise due diligence to maintain confidence and not disclose or share any of the following information to third parties, unless given permission by Armden Cycling.
- Wholesale pricing
- Geometry drawings
- The sharing of trademarked or licensed materials to other resellers.
5. INJURY AND LIABILITY
- Armden Cycling is not liable for injuries resulting in improper assembly of our products. It is the responsibility of the reseller to insure that all products are safely able to be used by the general public prior to sale.
6. PRICING
- The reseller is responsible for maintaining MSRP on all Armden Cycling products online. Any reseller who is found violating this clause will be subject to account termination. MSRP can be found on www.ArmdenCycling.com as well as in a copy of the wholesale pricing sheet provided to all new resellers.
- Resellers will be allowed to offer private sales on Armden Cycling products in a brick and mortar setting as they see fit.
- Any abuse of discounts that undercut Armden Cycling or it’s resellers can result in account termination.
7. WARRANTY
Warranty information is provided and detailed on our website, www.ArmdenCycling.com. The same warranty is offered to resellers and customers.