Binding Letter Agreement
Category: 270 Legal Recent Posts, Direct Response, Marketing Agreements
SUBJECT: BINDING LETTER AGREEMENT
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Dear Mr. Parnas:
This Binding Letter Agreement (”Letter Agreement” or “Agreement”) is made as of this 21st day of December 2005, by and between DATAWIND Net Access Corporation (”DataWind”) a Delaware corporation, and EdgeTech Inc. (”EdgeTech”), a Florida corporation.
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1. PRODUCT MARKETING & DISTRIBUTION. DataWind will, during the term of this Agreement, sell to EdgeTech, and EdgeTech will purchase from DataWind, the Products to be redistributed world wide by EdgeTech exclusively to the vertical markets defined herein. EdgeTech shall devote its best reasonable commercial efforts for the adequate exploitation and distribution of the Products to these vertical markets and shall maintain an organization sufficient therefore. EdgeTech will aggressively market and sell the Products, for the limited purpose of demonstrating and selling to customers.
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