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Dealer terms and conditions

1. Introduction
 This Dealer Terms and Conditions Agreement (“Agreement”) is made between THIRDREALITY (“Company”) and the undersigned dealer (“Dealer”). The Company specializes in smart home products, including smart lamps, switches, and other smart devices. This Agreement outlines the terms under which the Dealer will sell and distribute the Company’s products.

2. Appointment 
The Dealer is hereby appointed as an authorized dealer of the Company’s products, with non-exclusive rights to sell and distribute the products within a specified territory.

3. Dealer Obligations
 The Dealer agrees to:

  • Promote, market, and sell the Company’s products in accordance with the Company’s guidelines.
  • Provide adequate support and customer service to end-users.
  • Maintain a minimum inventory level as agreed upon.
  • Comply with all applicable laws and regulations.

4. Company Obligations
 The Company agrees to:

  • Supply the Dealer with products in a timely and efficient manner.
  • Provide the Dealer with necessary marketing materials and support.
  • Offer training and product information to assist the Dealer in sales efforts.

5. Pricing and Payment

  • The Dealer shall purchase the products at the wholesale price set by the Company.
  • Payment terms shall be as agreed upon in Schedule B of this Agreement.

6. Order and Delivery

  • The Dealer shall place orders for the products in accordance with the Company’s ordering procedures.
  • The Company shall make every effort to fulfill orders promptly and to inform the Dealer of any delays.

7. Intellectual Property
 The Dealer acknowledges the Company’s ownership of all trademarks, trade names, and intellectual property related to the products and agrees not to infringe upon them.

8. Confidentiality
 Both parties agree to keep confidential any proprietary information shared during the term of this Agreement.

9. Term and Termination

  • This Agreement shall commence on the Effective Date and continue for a period of [insert term], unless terminated earlier.
  • Either party may terminate this Agreement with written notice if the other party breaches any terms herein.

10. Governing Law
 This Agreement shall be governed by the laws of the jurisdiction in which the Company is headquartered.

11. Entire Agreement 
This document constitutes the entire agreement between the parties and supersedes all prior understandings or agreements on the subject matter.

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