Provisional VARs Sample Clauses

Provisional VARs. If Reseller has selected and been approved for Provisional VAR status, Reseller shall be entitled to purchase one trial Engine Control Unit (“ECU”) at a 15% discount, and then a sec- ond ECU at a 50% discount if purchased as part of an order which brings Reseller’s aggregate pur- chases of Electromotive products to at least $5,000 within six months of the Effective Date. If Re- seller purchases Electromotive products totaling $10,000 within the first year, Reseller shall become a VAR for the following year at the level corresponding to its total purchases in the first year. How- ever, if Reseller does not purchase Electromotive products totaling $10,000 within the first year, this Agreement shall terminate as of the end of the first year, and Reseller shall have the option either to Electromotive, Inc. Reseller Agreement Page 2 of 5 retain the first ECU without obligation or to return the first ECU to Electromotive in good working and physical condition for a refund of 80% of the net purchase price, not including shipping.
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