Common use of OPTIONAL PROGRAMS Clause in Contracts

OPTIONAL PROGRAMS. 15.1 NEC may, from time to time, but with no obligation to do so, offer various programs (“Programs”) as defined in those Program Guides, to its Resellers, such as, but not limited to, Soft Dollar Programs, Promotions and Rebates. If RESELLER elects to participate in any type of Program(s) offered by NEC to its Resellers, then RESELLER agrees to comply with and be governed by the terms and conditions of those Program(s), including any policies and procedures applicable thereto. In all cases where participating in those Program(s) may require RESELLER to enter into separate agreements with third parties, or where those Programs are administered by third parties, RESELLER agrees that NEC will have no liability arising out of or in connection with that Program.

Appears in 2 contracts

Sources: Digital Cinema Reseller Agreement (Ballantyne of Omaha Inc), Authorized Digital Cinema Reseller Master Agreement (Ballantyne of Omaha Inc)