The First Part and Part II agree to jointly market their product lines under this agreement. The product line of the first part is advertising – The parties choose an advertising agency and jointly bear the costs of preparing all the ads resulting from that relationship. The parties share equally the costs associated with these activities. Each party may choose to use unrestricted material obtained and approved or in the media of its choice, provided that this party bears all costs related to media placement and specific production. Additional joint announcements may be created after the additional agreement of the parties. Both parties agree to fulfill and enforce the following responsibilities under this Joint Marketing Agreement: C. Provide advanced information on product development, new products or modifications to existing products marketed jointly in accordance with this agreement. If the agreement is a local marketing agreement (LMA), a joint sales agreement (JSA) or a network membership agreement, activate the corresponding checkbox. If not, select “Other.” Unlicensed/interviewees should choose “Unworkable” in response to this question. 2. After saying that if you want to adopt this high-risk strategy, first make sure that the reputation and solvency of the proposed common distributor to ensure that it is a worthy marketing partner.
The waiving or non-exercise by either party of a right under this agreement is not considered to be a waiver of another right or remedy to which the party may be entitled. The above conditions form the whole agreement between the parties and reject any prior communication or agreement regarding the purpose of this agreement. There are no written or oral agreements directly or indirectly related to this agreement that are not set out here. This agreement can only be amended in writing and signed by both parties. With respect to the joint marketing of product lines, the parties mutually agree on the following obligations: This agreement expires [Date of the agreement] and ends once the co-marketing activities described above are completed to the satisfaction of both parties. PandaTip: These terms are generally used for co-marketing agreements. We advise your legal counsel to have them checked to make sure they meet your business needs. Both parties agree not to enter into similar marketing agreements with companies that, for the duration of the agreement, are in direct competition with both parties.