As a hiring party, you can negotiate performance-based agreements with the white label provider to increase your margins. However, if the underlying client terminates the project before the end of the project, the agreement should determine whether you receive compensation or a kill fee. This agreement is used between the original creator of products and services. That is, the transfer of a license to the dealer (White Label License Agreement). (h) unless otherwise agreed, no later than the fifth working day of each calendar month (the first month; the last month that ends on the date the contract expires for any reason) is forwarded to Xibo Signage by means such that Xibo Signage can, from time to time, notify the channel partner of reports in the format defined by Xibo Signage with the following details: EULA: the final user license agreement of Xibo Signage, which regulates the use of Xibo products by an end user in the modified version. (a) has the full capacity and authority and approvals necessary for the conclusion and implementation of this agreement and the granting of the rights and licences covered in this agreement, and that this agreement is carried out by its duly accredited representative and constitutes a binding obligation for it; liability 9.13, Xibo Signage`s overall responsibility for the contract, unlawful act (including, but not limited to negligence or breach of legal obligations, in the same manner), improper presentation (innocent or negligent), reimbursement or any other means resulting from the performance or intended performance of this agreement, is limited, in all circumstances, to the amount that the channel partner actually paid to Xibo Signage in the 12 months preceding the date on which the right was created. When drafting the contract, you must resolve all relationships with your counterpart, prevent and minimize all possible legal risks and liabilities and ensure that all contractual conditions comply with applicable legal provisions. At AGP, we are experienced in developing different types of contracts for individuals and businesses. Whatever role you play, you will in any case receive competent professional legal assistance when developing a white label agreement that will guarantee your legal rights and interests. We also offer a legal analysis service of the contracts you are offered as a manufacturer on a « take or leave » basis and help develop a risk reduction strategy. E-commerce should be mentioned in this context. It is a new type of business that removes almost all the barriers created by international borders and allows you to act across the boundaries of your product/service/property.
This allows a company to spread out more markets than would normally be possible in a typical four-brick company. You can find out what e-commerce is in white label relationships by clicking here on the link to our previous article: www.agplaw.com/what-is-a-white-label-agreement/ A white-label service contract describes a situation in which a provider provides services or goods, but the customer re-labels the delivery components as if they had created them. For example, a software provider may provide a platform as a mobile application, but the customer makes it look like he developed the application, not the provider. There are white label situations in all sectors, which makes white-label service agreements all the more important. (i) the channel partner`s compliance with the obligations to Xibo Signage in this agreement with respect to the handling of personal data by the channel partner or its subcontractors; and if the channel partner is unable to make a payment to Xibo Signage under this agreement until the due date, the channel partner, without limiting the corrective measures taken by Xibo Signage under Clause 14, occasionally pays interest on the amount owed 4% per year above the Bank of England base rate.