AGREEMENT NO. ANT76

*** Confidential treatment has been requested with respect to certain portions of this Agreement. Omitted portions have been filed separately with the Securities and Exchange Commission. 

 

EMG US AUTHORIZED TECHNOLOGY PARTNER PROGRAM AGREEMENT ANT76

AGREEMENT NO. ANT76

THIS US EMG AUTHORIZED TECHNOLOGY PARTNER AGREEMENT (“Agreement”) is entered into as of December 1, 2009 (the “Effective Date”), between Agilent Technologies, Inc., a Delaware corporation (“Agilent”). and Electro Rent Corporation, a California corporation (“Reseller”). Agilent has requested that Reseller establish the ATP Channel Team (as defined below) to sell the Products in the Territory. This Agreement is intended to govern the terms and conditions under which the business of the ATP Channel Team is conducted. Reseller has conducted and expects to continue to conduct other business, including with Agilent, and nothing in this Agreement should be construed to alter or affect any such other business of Reseller, including any other business with Agilent (including the existing agreements between the parties under which such other business is conducted). “Customer(s)” means Reseller’s end-user customer(s) for the ATP Channel excluding Agilent Target Accounts as identified in the attached EMG US ATP Product and Discount Exhibit (“Exhibit R601US”). “Net Reseller Price” for Products purchased under this Agreement means the applicable Agilent list price in effect at the time an order from Reseller is received by Agilent, less the applicable discounts specified in Exhibit R601US. “Product(s)” means any hardware sold or Software licensed under this Agreement as set forth on Exhibit R601US. “Software” means one or more computer programs and related documentation. “Specifications” means technical information about Products published by Agilent in effect on the date Agilent ships the order. “Service” means any standard support service to support Products, Software updates and maintenance, or education and training. “Territory” means the geographic location specified in Exhibit R601US in which Reseller may sell Products.

1. APPOINTMENT

a) Subject to the terms in this Agreement, Agilent appoints the ATP Channel Team as an authorized reseller for Products and Services specified in Exhibit R601US within the Territory. The ATP Channel Team is authorized to sell other Agilent products purchased from an Authorized Agilent Distributor that are sold in combination with Products available under this Agreement. The ATP Channel Team may distribute, lease or rent Products only to Customers located within the Territory. The ATP Channel Team will not resell Product(s) to any other party for the purpose of resale, lease, rent or any other disposition by such party. Agilent authorizes Reseller to provide the services described in Section 2 below.

b) Agilent’s appointment of Reseller shall be exclusive with respect to the sale of new Category C Products (as defined in Exhibit R601US). Agilent and its channel partners may not provide quotes for, accept purchase orders with respect to, or sell new “C” Products with respect to Customers in the Territory except for:

i) Agilent Value Added Resellers (VARs), System Integrators (Sis), Original Equipment Manufacturers (OEMs), and Small Business Federal Resellers, to the extent they are acting as such;

(ii) other resellers and Manufacturer Representatives appointed by Agilent to cover specific areas (e.g. states in the United Sates or Providences In Canada) where sales coverage is reasonably determined by Agilent to be insufficient for the Category C Products taken as a whole provided that Agilent has given Reseller thirty (30) days written notice to develop a reasonable plan to cure any such deficiency. This right is intended to be used sparingly, and the Products and areas involved will be the minimum reasonably required to cure the deficiency involved. Reseller may continue to sell the Products in the specific areas involved, and the parties will work together in good faith to coordinate the sales process and to reasonably protect Reseller’s ability to sell to its sales pipeline.

(iii) other channel partners approved in writing by Reseller;

(iv) Agilent may sell Category C Products to Target Accounts as defined in Exhibit A “Listing of Agilent Target Accounts”; and

(v) Agilent may sell Category C Products directly to Customers during the two (2) months after the Effective Date or thereafter to the extent required by the Customer involved subject to the following: Agilent will use best efforts to electronically forward to Reseller all quote requests and orders it receives for new “C” Products from Customers in the Territory within twenty-four (24) hours after receipt. For all orders accepted by Agilent two (2) months after the Effective Date. Agilent will compensate Reseller in the amount of [***] of the net order value. Any such amount owed to Reseller will be provided by Agilent in the form of a credit within thirty (30) days following the last business day of each month after shipment of the Product to the Customer. Reseller will not be entitled to payment on sales of Products and/or Services deemed uncollectible by Agilent using its standard collection process except to the extent actually collected. If Agilent provides a credit on a sale that ultimately proves uncollectible, the amount of any compensation to Reseller under this Section will be offset against future credits owed to Reseller.

c) During the term of this Agreement, Reseller agrees that it will not engage in marketing, promotion. sales or support of any new product that compete with the Products or that would interfere with the ATP Channel Team’s ability to perform its obligations hereunder. Any violation of this clause will be deemed justification by Agilent for the immediate termination of this Agreement pursuant to Section 16(d) (1). Subject to Agilent’s approval, the ATP Channel Team may distribute and sell products that are complementary to the Agilent Products.

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EMG US AUTHORIZED TECHNOLOGY PARTNER PROGRAM AGREEMENT ANT76

c) During the term of this Agreement, Reseller agrees that it will not engage in marketing, promotion. sales or support of any new product that compete with the Products or that would interfere with the ATP Channel Team’s ability to perform its obligations hereunder. Any violation of this clause will be deemed justification by Agilent for the immediate termination of this Agreement pursuant to Section 16(d) (1). Subject to Agilent’s approval, the ATP Channel Team may distribute and sell products that are complementary to the Agilent Products.

d) Reseller understands that Agilent may, Subject to the limitations of this Agreement, market Products and Services to Customers in the Territory, either directly or through its various resale channels or other channel partners, which include but are not limited to VARs, OEMs, Telesales, System Integrators and Rental Companies.

e) If Agilent adds another reseller channel for North America, and the terms of its agreement with such another reseller are more favorable that this Agreement, the parties will adjust the terms of this Agreement to be as favorable to Reseller as such other reseller channel agreement.

f) For any orders in violation of Section 1(b), Agilent will compensate Reseller in the amount of [***] of the net order value. Any such amount owed to Reseller will be provided by Agilent in the form of a credit within thirty (30) days following the last business day of each month after shipment of the Product to the Customer.

2. RESELLER RESPONSIBILITIES

a) Reseller represents that it is experienced in the use and operation of the Products to be purchased hereunder and will be primarily responsible for the sales. marketing and support of the Products in the Territory.

b) Reseller and Agilent will mutually agree in writing on a Marketing Development Business Plan for the ATP Channel Team. The plan will be signed by Agilent and Reseller within thirty (30) days of the Effective Date of this Agreement. To the extent that the Marketing Development/Business Plan sets forth firm commitments and additional requirements by the parties, those additional commitments and requirements therein will be made part of this Agreement as set forth in Section 2(c), will be incorporated herein and will be reviewed and revised quarterly.

c) Reseller will maintain and make available an Agilent trained and certified sales and support organization that will consist of sales support personnel, outside sales personnel, inside sales personnel and a manager(s) (“ATP Channel Team”) to fulfill the marketing and sales requirements set forth in this Agreement. The ATP Channel Team will use its commercially reasonable efforts to meet sales targets and commitments and requirements specified in the Marketing Development/Business Plan.

d) Reseller represents and agrees that the ATP Channel Team will primarily focus on the sale, lease or rental of Agilent Products along with products that do not compete with Agilent Products.

e) Reseller will accept and act promptly on leads from Agilent and agrees to provide a sales forecast and sales funnel. The ATP Channel Team must provide Agilent with sales forecasts by the 25th of each month using the standard format and/or software tool supplied by Agilent. The ATP Channel Team will also provide Agilent with information on the forthcoming sales deals using the standard format and/or the standard Agilent sales funnel management system supplied by Agilent. Reseller will use the same software tool to obtain leads from Agilent. The use of the Agilent format and software tool in each case is subject to a determination by Reseller that the costs of doing so are not burdensome.

f) Reseller will send to Agilent a monthly point of sales report (“report”) for the ATP Channel Team for a month in a mutually agreeable format by the 5^th business day of the next month. Reseller will provide Agilent, at Agilent’s request, with monthly reports covering all reasonable business fundamentals for the ATP Channel Team requested, by Agilent including but not limited to customer information, lost business reports, sales closed rates and quota achievement to date. Unless otherwise agreed, such information will be provided on the 5^th business day of each month in a mutually agreeable format. Whether marked as confidential or not, the Customer information sent to Agilent pursuant to this Section and Section 2(e) above will be treated as Reseller’s confidential information and will be used by Agilent solely to manage and administer the Agreement and Agilent’s ATP program, and to market (but not sell) Products and Services to Customers. Unless otherwise indicated by Reseller, Reseller agrees that it has permission to share Customer information with Agilent for the purposes indicated above. Reseller will notify Agilent if it is informed in writing by a Customer that it no longer wants to receive communication from Reseller or Agilent.

g) Reseller must maintain demonstration equipment stock of 2% to 4% of the annual list sales. Reseller will either purchase demonstration equipment from Agilent at the [***] specified in Exhibit R601US or designate equipment from Reseller’s rental inventory pool to meet this requirement. This requirement must be achieved within ninety (90) days of the Effective Date of this Agreement.

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EMG US AUTHORIZED TECHNOLOGY PARTNER PROGRAM AGREEMENT ANT76

h) Reseller agrees to spend each year a minimum of [***] of annual net sales on marketing activities including but not limited to direct mailings, trade shows. and lead generation activities, to promote the sale of Agilent Products. Agilent will match marketing expenditures as set forth in Section 15 below.

i) Reseller further agrees that the ATP Channel Team will:

1. When applicable and reasonable, promptly forward to Customers all technical sales and promotional materials and other Product and promotional information provided by Agilent.

2. Provide ongoing first line pre-sales support and post -sales technical support for Products to Customers.

3. Provide technical support relating to Products to the ATP Channel Team.

4. Participate in quarterly business review meetings to assess performance and define course correction as required.

5. Not sell, advertise, promote, display or disclose to Customers or third parties any features, availability or pricing of any new Product before Agilent’s public announcement of that Product.

6. Promptly respond as reasonable to all inquiries and requests related to Products received by Reseller from Customers in the Territory.

7. Authorize Agilent’s representatives to call on Customers for Product training and other objectives consistent with this Agreement upon Agilent’s request.

8. Promptly report all suspected Product defects to Agilent.

9. Comply with all training and Product certification requirements reasonably designated by Agilent on each eligible Product that the ATP Channel Team sells.

10. Periodically confer with Agilent at Agilent’s request on matters relating to market condition, sales forecast and product planning.

11. Host all customer VIP events reasonably requested by Agilent.

12. Periodically Agilent may conduct a survey of its Customers, including Customers purchasing Agilent Products from the ATP Channel Team to measure Customer satisfaction. Upon reasonable request by Agilent, but no more than [***] per calendar year, Reseller will provide Customer information, including email address where available, to a third party company selected by Agilent to conduct the survey. Reseller and the survey company shall agree upon a reasonable Confidential Disclosure Agreement to cover the exchange of Customer contact Information. A summary of the survey results will be provided by the survey company to both Agilent and Reseller.

13. Conduct all its activities relating to the ATP Channel Team in accordance with the highest standards of ethics and fairness as well as compliance with applicable law. Agilent may immediately terminate this Agreement if Reseller fails to do so pursuant to Section 16(d)(2).

14. Comply with all applicable laws and regulations in performing its obligations under this Agreement, including compliance with the U.S. Foreign Corrupt Practices Act of 1977, as amended (the “Act”) and neither Reseller, nor any of its directors, officers, employees, or agents will make or offer to make any payment or gift in connection with this Agreement directly or indirectly to any third party, including any employee, officer, or representative of any governmental entity or instrumentality or to any foreign political party, or candidate in violation of applicable law. Any violation of this clause will be deemed justification by Agilent for immediate termination of the Agreement pursuant to Section 16(d) (2).

3. AGILENT RESPONSIBILITIES

a) Agilent will provide professional and prompt liaison with Reseller and will provide Reseller with access to, and use of Agilent Product marketing materials, promotions, information, data and documentation reasonably deemed necessary by Agilent for use by Reseller in the promotion, marketing and sale of Products in the Territory.

b) Agilent will provide training to the ATP Channel Team on the following terms: 1) Reseller will pay [***] expenses of Reseller’s personnel, and 2) Training courses consistent with those provided by Agilent to its own personnel will be provided at [***] charge to Reseller. Other training courses will be offered to Reseller at prices determined by Agilent at time of enrollment.

c) Agilent shall promptly provide all necessary information required by Reseller in order to transition Customers from Agilent to Reseller.

d) Agilent will either provide the Reseller access to a product configurator or Agilent will assist Reseller in developing a solution that allows Reseller the ability to provide accurate Customer quotes.

4. RELATIONSHIP

a) Reseller and Agilent are independent contractors for purposes of this Agreement. This Agreement does not establish a franchise, joint venture or partnership, or create any relationship of employer and employee, or principal and agent between the parties.

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EMG US AUTHORIZED TECHNOLOGY PARTNER PROGRAM AGREEMENT ANT76

b) Neither party will have, nor represent that it has, any power, right, or authority to bind the other party. or to assume or create any obligation or responsibility, express or implied, on behalf of the other party, without such other party’s express written consent. Reseller acknowledges that, except as expressly authorized under this Agreement or by Agilent, any commitment made by Reseller to Customers will be Reseller’s sole responsibility, and Reseller will indemnify Agilent from any damages, liabilities, claims, and costs (including legal fees) arising from any such commitment by Reseller. All quotations, offers, and acceptances made by
Reseller will be exclusively in its own name. Agilent will not be deemed a party to any agreement between Reseller and Customer.

5. SALE AND DELIVERY

a) Unless otherwise indicated on the quotation, prices include shipping and handling charges. Prices exclude any applicable sales, value added or similar tax payable by Reseller.

b) List prices are suggested prices for resale to Customers only and a basis for calculating Net Reseller Price. Reseller has the right
to determine its own resale prices, and no Agilent representative will require that any particular resale price be charged by Reseller or grant or withhold any benefits to Reseller based on Reseller’s resale pricing policies.

c) Agilent reserves the right to change Agilent list prices at any time. In the event that prices increase, either as a result of Agilent’s list price increase or through applicable discount reductions, such price increases will apply to orders that are received on or after
the effective date of the price increase. Agilent will invoice Reseller at the previous lower price for all unshipped orders that were received prior to the effective date of the price increase and all open quotations that Reseller has submitted to Customers. Prices referenced in an Agilent quotation will not be subject to price increases during the validity period of the quotation. Agilent will honor all open quotations that Reseller submitted to a Customer prior to one (1) business day after receipt of notice of a price Increase. Within one (1) business day after receipt of notice of a price increase, new quotes generated by Reseller will reflect the updated price. Reseller’s policy is that all quotes are valid for thirty (30) days. If requested, Reseller shall provide a copy of any open quotation where Agilent was required to honor the old price.

d) All orders are subject to acceptance by Agilent. Orders are governed by the applicable trade term specified on the quotation or agreed to by Agilent as defined in Incoterms 2000. Product orders must reference this Agreement and be issued during the term of this Agreement. If Reseller requests that Agilent ship Products directly to a Customer, Reseller will specify on the order the Customer’s delivery address and contact information within the Territory. Agilent will not charge any additional fees to the Reseller for shipments made directly to the Customer.

e) Delivery is subject to Product availability at the time Reseller’s order is received. At any time Agilent may, at its discretion, schedule or reschedule any order, or decline any order for credit reasons, or because the order specifies an unreasonably large quantity or requests an unreasonable shipment date.

f) Reseller may cancel orders prior to shipment at no charge. Cancellation of a Service order will be subject to any applicable
charges. Information regarding applicable Service cancellation charges is available upon request. Product returns are subject to Agilent approval and applicable charges.

g) Title to hardware Products will pass to Reseller upon delivery. Acceptance of Products by Reseller will occur upon delivery.

h) Agilent may, from time to lime, offer certain promotional or other marketing programs. The ATP Channel Team’s participation in such programs will be subject to the then current terms and conditions of those programs.

i) Payment is due thirty (30) days from Agilent’s invoice date. Reseller may use its [***] contract dated April 25, 2007 [***]. Agilent reserves the right to immediately remove the [***] payment option set forth under the [***] if the [***] payment period, for invoices processed under this [***] option for any given [***] month period, [***]. Payment terms are subject to change if Reseller’s financial condition or payment record merits such change. Agilent may discontinue performance if Reseller fails to pay any sum due, or fails to perform under this Agreement ‘If, after ten (10) days written notice, the failure has not been cured. Upon Agilent’s request, Reseller will furnish Agilent with reasonable financial information that Agilent deems necessary to determine Reseller’s creditworthiness. Such information will be treated as confidential information.

6. WARRANTY

a) WARRANTY TERMS:

1) Agilent limited warranty terms are available with Products, on quotations or with other Agilent documentation. The ATP Channel Team will pass Agilent’s standard product warranties to its Customer(s). Notwithstanding Section 2 in Agilent’s Warranty terms available at the URL referenced in Section 6 (b)(1) below, the warranty period commences [***] after [***] or the date the Product is received by the Customer, or, if installed by Agilent, the date of installation of the Product, whichever occurs first.

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EMG US AUTHORIZED TECHNOLOGY PARTNER PROGRAM AGREEMENT ANT76

2) Agilent reserves the right to change the warranty. Such changes will affect only new orders.

3) The ATP Channel Team may provide more extensive warranties to Customers for certain Products only to the extent it receives Agilent’s prior approval and provided further that Reseller indemnifies Agilent against damages, liability or claims arising from Reseller’s breach of such warranties or associated warranty service.

4) Customers must provide proof of purchase to be eligible for Agilent warranty service.

b) WARRANTY TO CUSTOMER

1) Product warranty terms are provided with the Product, on quotations, upon request or at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇/
warranty terms. Each Product receives a global warranty which includes the standard warranty for the country of purchase.

2) Agilent warrants the Agilent hardware Product against defects in materials and workmanship and that the Product will conform to Specifications. Agilent warrants that Agilent owned standard Software substantially conforms to Specifications.

3) If Agilent receives notice of a defect or non-conformance during the warranty period, Agilent will, at its option, repair or replace the affected Product. Customer will pay expenses for return of such Product(s). Agilent will pay expenses for shipment of repaired or replacement Product(s}.

4) THE WARRANTIES IN THESE TERMS ARE EXCLUSIVE, AND NO OTHER WARRANTY, WHETHER WRITTEN OR ORAL. IS EXPRESSED OR IMPLIED. AGILENT SPECIFICALLY DISCLAIMS THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT.

7. LICENSES

a) Agilent grants Reseller a worldwide, non-exclusive license to use and distribute Software and related materials supplied by Agilent in accordance with the license terms included with the Software. Reseller may also use the Software and materials for demonstration purposes in accordance with those license terms. Reseller agrees that it will pass through to Customers Agilent’s license terms whenever Software is distributed to a Customer by the ATP Channel Team.

b) Except as authorized by Agilent in Writing or as permitted by law, Reseller will not reverse engineer, reverse compile, or reverse assemble Software, modify or translate Software, or copy Software onto any public or distributed network.

8. INTELLECTUAL PROPERTY CLAIMS

a) Agilent will defend or settle any claim against Reseller (or Customers or third parties to whom Reseller is authorized by Agilent to resell or sublicense) that a Product infringes an Intellectual property right, provided Reseller promptly notifies Agilent in writing and allows control of the defense or settlement, and reasonably cooperates with Agilent.

b) In defending or settling an infringement claim under Section 8(a), Agilent will pay infringement claim defense costs, settlement amounts and court-awarded damages. If such a claim appears likely, Agilent may, at its option, modify or replace the Product or procure any necessary license. If Agilent determines that none of these alternatives is reasonably available, Agilent will refund Reseller’s purchase price upon return of the Product.

c) Agilent has no obligation for any claim of infringement arising from: Agilent’s compliance with, or use of, Reseller’s designs, specifications or instructions or technical information; Product modifications by Reseller or a third party; Product use prohibited by
or outside the scope of Specifications or related application notes; or use of the Product with products not supplied by Agilent.

9. LIMITATION OF LIABILITY AND REMEDIES

a) In no event will either party or its subcontractors or suppliers be liable for special, incidental, indirect or consequential damages (including downtime costs, loss of data. restoration costs, lost profits, or cost of cover) regardless of whether such claims are based on contract, tort, warranty or any other legal theory, even if advised of the possibility of such damages. This exclusion is independent of any remedy set forth in this Agreement.

b) To the extent that limitation of liability is permitted by law, Agilent’s liability to the other is limited to US $1,000,000, except that Agilent’s obligation to make warranty refunds under Section 6 is limited to the Product purchase price.

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EMG US AUTHORIZED TECHNOLOGY PARTNER PROGRAM AGREEMENT ANT76

c) The limitations set forth in Sections 9(a) and 9(b) above will not apply to infringement claims under Section 8, damages arising from breach of confidentiality obligations under Section 17, infringement of either party’s intellectual property rights, breach of software license terms under Section 7 or to damages for bodily injury or death.

d) The remedies in this Agreement are the parties’ sole and exclusive remedies.

10. TRADEMARKS

a) Reseller’s right to use any Agilent trademarks and/or service marks is contained solely in and subject to the terms and conditions specified in Exhibit 19 in this Agreement.

b) Reseller hereby grants Agilent or its related companies the right to use the Reseller name and logo on its web site, marketing and promotional materials and trade show displays to endorse Reseller’s relationship with Agilent.

c) Reseller will not, without Agilent’s prior written consent, remove, alter or modify serial or identification numbers, labels, trademarks or other trade-identifying symbols from Products sold by Agilent under this Agreement.

d) Agilent will have the sole and exclusive right in its sole discretion to bring legal actions for trademark infringement with respect to any of the Agilent Marks. Reseller will reasonably cooperate with Agilent in such legal proceedings. Reseller will notify Agilent promptly of any trademark or patent infringements of which it has knowledge.

11. U.S. GOVERNMENT

a) Unless Reseller has obtained Agilent’s prior written consent, the ATP Channel Team is prohibited from issuing any Letter of Supply, from guaranteeing to supply, or from selling, supplying, or providing any person with any Product under this Agreement for resale under any General Services Administration (“GSA”) contract. Unless Reseller has first received a Letter of Supply or other written authorization from Agilent, the ATP Channel Team is prohibited from listing Products under this Agreement on any GSA schedule
or contract, or on any procurement, schedule, or contract.

b) No U.S. Government procurement regulations will be deemed included in this Agreement or binding on either party unless specifically accepted in writing and signed by both parties.

12. INTERNATIONAL SALES AND EXPORT CONTROLS

a) Reseller acknowledges its awareness of the export control laws and regulations and agrees to comply with all applicable export control laws and regulations of the United States and the Territory in the supply of Products under this Agreement and any specific information necessary for the development, production or use of a Product under this Agreement which takes the form of technical data or technical assistance (“Technology”). Reseller further agrees that the ATP Channel Team will comply with the various government Dangerous Goods regulations for shipment of hazardous material, hazardous substances or dangerous goods, including chemical substances.

b) Unless otherwise agreed to by Agilent and Reseller, Reseller assumes responsibility for complying with all applicable laws and regulations of the Territory related to the import of Products and Technology, and for obtaining any import authorizations required by the appropriate governments within the Territory.

c) The supply of Products and Technology to Reseller is subject to Agilent receiving any required export authorizations. Reseller will upon Agilent’s request furnish all information and documentation concerning the Reseller, its Customers, and/or final end-users reasonably available to Reseller which are necessary for Agilent to obtain any required export authorizations.

d) Reseller expressly agrees to review the Denied Parties List and Specially Designated Nationals and Blocked Persons List of, and other similar lists published by, the U.S. Government (collectively “Lists of Designated Parties”) and not knowingly sell or otherwise transfer Products and Technology to companies or persons on such lists. It is Reseller’s responsibility to inform any of Its subsidiaries, plants, branches or sister companies, sub-resellers and subcontractors that are included in this Agreement of these restrictions. It is also the responsibility of the Reseller to obtain updated Lists of Designated Parties from the U.S. Government.

e) Reseller will comply with any U.S. or other appropriate government laws and/or regulations prohibiting transfers and exports to certain persons or countries engaging in weapons of mass destruction (nuclear, chemical, or biological) activities or missile (including space launch and unmanned air vehicle) systems, unless written authorization is obtained from the U.S. Government. The ATP Channel Team will notify the Customer that it must comply with export control laws and regulations of the U.S. Government and other appropriate governments.

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f) If the ATP Channel Team intends to re-export Products and Technology outside the Territory, or sell them to a third party where it knows or has reason to know that the third party will re-export these Products. Technology and/or documentation, Reseller agrees to inform Agilent immediately, but not later than the time the order is placed, so that any export authorizations required by the U.S. Government and/or other governments may be obtained.

13. RECORD KEEPING AND AUDIT

a) For purposes such as product safely notification, operational problem correction, and compliance with the Agreement, Reseller will maintain records of Customer purchases under this Agreement for two (2) years from the date of sale by the ATP Channel Team. These records must include the Customer’s name, address, phone number, date of sale, Product numbers, quantities, and shipment address.

b) Agilent may, from time to time, give notice to Reseller of its intention to verify and audit Reseller’s compliance with the Agreement or with related marketing program terms and conditions. Reseller will make reasonable efforts to provide Agilent or its designated auditor with prompt access, through mutually agreed upon means, to Reseller’s inventory and other records relating to the sale of Products under this Agreement. The parties shall agree upon a reasonable Confidential Disclosure Agreement to cover the compliance review.

14. DEMO REQUIREMENTS

a) All orders for demonstration Products under this Agreement are subject to approval from Agilent. Orders for demonstration Products under this Agreement will be governed by Agilent’s Terms of Sale. A copy of Agilent’s Terms of Sale is available upon request. Agilent may offer used or remarketed Products updated to current technical specifications if allowed by local country regulations.

b) Agilent Products purchased for demonstration purposes under this Agreement may only be used in connection with Reseller’s demonstration efforts and may not be resold, leased or rented for a period [***] following shipment from Agilent. If a Customer wishes to rent, lease, or purchase equipment which they received for demonstration purposes, Reseller shall be allowed to process the transaction, subject to Reseller replacing such demonstration equipment in their demonstration pool at the [***] set forth in Section 4 of the R601US.

c) Agilent reserves the right to refuse to extend the demonstration discount for Products if in Agilent’s reasonable judgment the intended use of such Products does not satisfy the conditions set forth in this Section 14. Agilent’s obligation to provide Products under this Section 14 is limited to the minimum configuration(s) necessary to accomplish Reseller’s demonstration objectives.

15. MARKETING ALLOWANCE

a) Each year Reseller is eligible to receive a marketing fund up to [***] of Reseller’s annual net sales for marketing activities, such as direct mailing, trade shows and lead generation activities (“Marketing Allowance”), provided that Reseller advertises at Agilent’s list price or the promotion price, if applicable, and complies with the conditions and requirements outlined in this Section 15. All requests for Marketing Allowance funds will be reviewed quarterly and approved in writing by the Agilent ATP Marketing Manager prior to distribution of the funds. Unless otherwise agreed, Marketing Allowance funds must be spent in the quarter they are allocated.

b) Upon thirty (30) days written notification from Agilent of a price change, Reseller will update its websites and marketing materials relating to the ATP Channel Team that can be revised at minimal cost including but not limited to Product catalogs, promotional literature, pamphlets and other documents to reflect the then current list price.

c) Upon request by Agilent, Reseller will provide evidence documenting its compliance with all the advertising requirements outlined in this Section 15. Agilent may conduct periodic reviews of Reseller’s business activities to confirm compliance. Reseller will make reasonable effort to provide Agilent with prompt access, through mutually agreed upon means, to Reseller’s advertising materials and other documents relating to these advertising requirements. Subject to Agilent’s sale discretion, in the event that Reseller does not comply with any of these advertising requirements outlined in this Section 15, Reseller will not be eligible to receive the marketing fund.

d) Unused funds remaining in the Marketing Allowance after [***] or upon termination of the Agreement will be forfeited and such funds will belong solely to Agilent; they will not be paid to Reseller.

16. TERM AND TERMINATION

a) This Agreement will remain in effect for a period of twenty four (24) months from the Effective Date.

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b) Twelve (12) months after the Effective Date, either party may terminate this Agreement without cause upon one hundred and twenty (120) days prior written notice.

c) This Agreement may be terminated immediately upon notice in writing by either party, for cause, unless the other party cures the breach within thirty (30) days of written notice of such breach.

d) This Agreement may be terminated immediately as follows:

1. By Agilent if Reseller is in breach of any of its obligations in Section 1(c) above;

2. By Reseller if Agilent is in breach of any of its obligations in Section 1(b) above;

3. By Agilent if Reseller is in breach of any of its obligations provided for in Section 2 (i)(13) & 2(i)(14) and;

4. By either party if the other party is subject to a voluntary or involuntary bankruptcy petition, becomes insolvent, is unable to pay its debts as they become due, ceases to do business as a going concern, makes an offer or assignment or compromise for the benefit of creditors, or there is a substantial cessation of its regular course of business, or a receiver or trustee is appointed for such party’s assets.

5. By Agilent, if there is a change that is not approved by Agilent in the control of the Reseller’s company to a company that sells new products that competes with Agilent’s product portfolio.

e) Effective immediately upon termination of this Agreement, Reseller will cease to be an authorized Agilent Reseller, and will cease from representing itself as such.

f) Upon termination, all of Reseller’s rights to any Agilent promotional allowance funds accrued and Agilent promotional services will automatically terminate.

g) Provisions herein which by their nature extend beyond the termination or expiration of this Agreement will remain in effect until fulfilled.

17. CONFIDENTIALITY

a) In the event that confidential information is exchanged, each party will protect and safeguard the confidential information of the other in the same manner in which it protects its own equivalent confidential and trade secret information, but in no event less than a reasonable degree of care. The party claiming the benefit of this provision must furnish such information in writing and ▇▇▇▇ such information as “Confidential” or if such information is provided orally, then the transmitting party (“Discloser”) will designate such information as being confidential at the time of disclosure and confirm in writing to the receiving party (“Recipient”) that it is confidential within thirty (30) days of its communication. Such information will remain confidential for three (3) years after the date of written disclosure. Access to all Agilent confidential information provided to Reseller under this Agreement (including but not limited to Product training information, new Product introductions, and Agilent customer information) will be restricted to the ATP Channel Team and other authorized personnel.

b) This Section imposes no obligation upon a Recipient with respect to confidential information that (1) was in the Recipient’s possession before the disclosure; (2) is or becomes a matter of public knowledge through no fault of the Recipient; (3) is rightfully received by the Recipient from a third party without a duty of confidentiality; (4) is disclosed by the Discloser to a third party without a duty of confidentiality on the third party; (5) is independently developed by the Recipient; (6) is disclosed under operation of law; or (7) is disclosed by the Recipient with the Discloser’s prior written approval.

18. CHANGES AND AMENDMENTS

Each party agrees that the other has made no commitments regarding the duration or renewal of this Agreement beyond those expressly stated in this Agreement.

19. EXHIBITS

The following exhibits are attached hereto and are incorporated into this Agreement.

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

EMG US AUTHORIZED TECHNOLOGY PARTNER PROGRAM AGREEMENT ANT76

a) EMG ATP Discount and Product Exhibit (R601US)

b) Agilent Authorized Reseller Insignia Exhibit (I9)

c) Standards of Business Conduct for Agilent Technologies’ Channel Partner Exhibit (CSBC)

d) Exhibit A “Listing of Agilent Target Accounts”

In the event of any conflict between the terms and conditions of the exhibits mentioned above and the terms and conditions set forth in this Agreement, the latter will govern.

20. GENERAL

a) Agilent may assign or transfer any of its rights or obligations under this Agreement upon notice in connection with a merger, reorganization, transfer, sale of assets or product lines, demerger or spin-off transaction or change of control or ownership, or of its permitted successive assignees or transferees. Subject to Agilent’s prior written approval which shall not be unreasonable withheld, Reseller may assign or transfer any of its rights or obligations under this Agreement upon notice in connection with a merger, reorganization, transfer, sale of assets, demerger or spin-off transaction or change of control or ownership, or of its permitted successive assignees or transferees. Reseller acknowledges that Agilent may withhold approval should Agilent, deem, in its reasonable discretion, that the proposed assignee is not credit worthy or if the assignee sells new products that compete with Agilent’s product portfolio.

b) Agilent will store and use any of the Reseller’s personal data in accordance with Agilent’s Privacy Statement, available at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇/▇▇▇▇▇▇▇. Agilent will not sell, rent or lease Reseller’s personal data to others.

c) Terms for Service are available at http:// ▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇/▇▇▇▇▇▇▇_▇▇▇▇▇ upon request, or as otherwise indicated on the quotation.

d) Use, distribution or disclosure of Products under this Agreement by the U.S. Government is subject to DFARS 227.7202-3 (Rights in Commercial Computer Software), DFARS 252.227-7015 (Technical Data - Commercial Items), and FAR 52.227-19 (Commercial Computer Software- Restricted Rights).

e) Disputes arising in connection with this Agreement will be governed by the laws of the State of California, and the courts of that State will have jurisdiction, except that Agilent may, at its option, bring suit for collection in the country where Reseller is located.

f) To the extent that any provision of this Agreement is determined to be illegal or unenforceable in a particular country, the remainder of the Agreement will remain in full force and effect.

g) The United Nations Convention on Contracts for the International Sale of Goods will not apply to this Agreement or to transactions processed under this Agreement.

h) Any Products loaned during the term of this Agreement will be subject to Agilent’s standard Equipment Loan Agreement.

i) In certain circumstances, Agilent may grant Reseller access to Agilent’s demonstration equipment pool. In such event, any equipment provided by Agilent to Reseller shall remain at all times owned by Agilent. Reseller shall be responsible for all loss, damage or theft to such equipment from shipment by Agilent until the equipment is returned to Agilent. All equipment returned to Agilent must include the same components, accessories and other consumables received by Reseller and must be in good working order. Agilent may impose additional charges if Reseller fails to return the equipment in such condition or within the return time frame.

j) Products are not specifically designed, manufactured or intended for sale as parts, components or assemblies for the planning, construction, maintenance or direct operation of a nuclear facility. Agilent shall not be liable for any damages resulting from such use.

K) Neither party shall be held responsible for any delay in performance hereunder arising out of causes beyond its control and without its fault or negligence. Such causes may include, but not be limited to, fire, unforeseeable strikes, embargoes, Government requirement, acts of God or of the public enemy, inability to secure transportation or telecommunication facilities, acts or omissions of carriers or other causes beyond their control. It any such contingency occurs, the party injured by the other’s inability to perform may elect to resume operations under the Agreement for the full commitment once the delaying cause ceases, with an option for the injured party to extend the term of the Agreement for a period not to exceed the length of time the contingency endured. The party experiencing the delay shall notify the other party immediately of such delay and provide an estimate of lime for such delay.

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

EMG US AUTHORIZED TECHNOLOGY PARTNER PROGRAM AGREEMENT ANT76

l) This Agreement and the related agreements referred to in this Agreement constitute the entire understanding between Agilent and Reseller with respect to the ATP Sales Channel, and supersedes any previous communications, representations or agreements between the parties, whether oral or written, regarding transactions hereunder. Reseller’s additional or different terms and conditions will not apply. This Agreement does not affect any agreements between the parties not involving the ATP Channel Team.

m) All notices that are required under this Agreement will be in writing and will be considered given as of twenty-four (24) hours after sending by electronic means, facsimile transmission, overnight courier, or hand delivery, or as of five (5) days of certified mailing and appropriately address as follows:

Reseller: Electro Rent Corporation ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇. ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: Corporate Secretary Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇			Agilent: ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: Contracts Dept. Facsimile: ▇▇▇-▇▇▇-▇▇▇▇
IN WITNESS WHEREOF, The parties have duly executed this Agreement effective as of the date indicated above:
AGREED TO:			AGREED TO:
Reseller:	Electro Rent Corporation		Agilent:
	/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇			/s/ ▇▇▇▇▇ ▇▇▇▇▇
	Authorized Representative Signature			Authorized Representative Signature
Name:	▇▇▇▇▇ ▇▇▇▇▇▇▇		Name:	▇▇▇▇▇ ▇▇▇▇▇
Title:	President		Title:	EMG Americas Contracts Manager
Address:	▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇		Address:	▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

Exhibit A

EMG ATP Discount and Product Exhibit (R601US)

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

 

	ANT76
EMG US ATP PRODUCT AND DISCOUNT EXHIBIT	Exhibit R601US

This EMG US ATP Discount and Product Exhibit (Exhibit R601US) is attached to and made a part of Agilent Agreement No. ANT76 (“Agreement”). Except as expressly modified herein, all terms and conditions of the Agreement remain in full force and effect. All capitalized terms not defined in this Exhibit are as defined in the Agreement.

1. TERRITORY

The Reseller’s Territory is defined as: United States and Canada.

[***] after the Effective Date, Agilent may identify specific areas within the Territory where Reseller’s sales performance and coverage is not consistent with Agilent’s requirements or expectations. Reseller will have [***] to develop a reasonable plan to cure any such performance and coverage concerns. In the event that Reseller does not sufficiently address any such noted performance and coverage concerns, as determined by Agilent, Agilent reserves the right to modify the Territory.

In the case of any Customers that are taken from Reseller as a result of any reduction in the Territory, Agilent will [***] received and accepted by Agilent within [***] after the removal of that Customer. Any amount owed to Reseller will be provided by Agilent in the form of a credit within [***] following the last business day of each month after shipment of the Product to the Customer. Reseller will not be entitled to payment on sales of Products and/or Services deemed uncollectible by Agilent using its standard collection process except to the extent actually collected. If Agilent provides a credit on a sale that ultimately proves uncollectible, the amount of any compensation to Reseller under this Section will be offset against future credits owed to Reseller.

2. AGILENT TARGET ACCOUNTS

End user customers that Reseller is NOT authorized to sell or distribute Products to is set forth in the attached Exhibit A “Listing of Agilent Target Accounts”.

Agilent may add or delete end user customers from this list [***] each year upon written notice to Reseller. Agilent agrees to [***] and accepted by Agilent within [***] after the addition of a Customer to Exhibit A. Any amount owed to Reseller will be provided by Agilent in the form of a credit within [***] following the last business day of each month after shipment of the Product to the Customer. Reseller will not be entitled to payment on sales of Products and/or Services deemed uncollectible by Agilent using its standard collection process except to the extent actually collected. If Agilent provides a credit on a sale that ultimately proves uncollectible, the amount of any compensation to Reseller under this Section will be offset against future credits owed to Reseller.

3. ELIGIBLE PRODUCTS

Reseller will receive a discount as set forth in this Exhibit for Products and applicable standard options included within the following Product categories. A detailed list of Products was previously provided to Reseller.

CATEGORY [***] PRODUCTS:

Economy network analyzers, network analyzer accessories, specialized power supplies, performance counters, high-performance switch products, power meters, economy spectrum analyzers, configurable spectrum analyzers, low-cost signal generators, mid performance RF vector & microwave analog signal generators, RF vector signal generators, high-performance RF signal generators, microwave test accessories, LCR meters, pulse generators, cable & antenna analyzer, infiniium mid- range oscilloscopes, high-performance scope accessories, video pattern generator/audio analyzer, noise figure analyzers, performance digital multimeters and VEE software.

CATEGORY [***] PRODUCTS:

Signal Analyzers: High performance spectrum analyzers, mid performance spectrum analyzers, spectrum analyzer application software, vector signal analysis software, video application for spectrum analyzers, EMC analyzer & accessories and miscellaneous spectrum analyzer productsOne-Box Testers: Cellular mobile radio R&D and Mfg, WiMAX/WLAN Mfg, Bluetooth/WLAN, WiMAX mobile R&D and protocol
conformance testing, cellular mobile radio R&D, calibration tester & software for cellular mobile radio mfg.
Signal Sources: High performance RF analog, microwave vector & microwave analog signal generators, low frequency signal
generation hardware & software, and signal creation software.
Oscilloscopes: lnfiniium high performance oscilloscopes

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

 

	ANT76
EMG US ATP PRODUCT AND DISCOUNT EXHIBIT	Exhibit R601US

Logic Analyzers: PCI Express protocol analyzers, SAN tester & fiber channel protocol analyzer, modular logic analyzer frames &
software analysis tools, logic analyzer & pattern generator modules, portable logic analyzers, logic analyzer probes & accessories and
logic analyzer application software.
Component Test: PNA·L network analyzers, signal source analyzers, microwave network analyzers, signal integrity and network
analyzer application test sets
Verification Solutions: High speed pulse & pattern generator, ParBERT multi-channel bit error rate tester (▇▇▇▇), Serial-▇▇▇▇, PXIT
multi-channel ▇▇▇▇ in electrical applications only
Switching products and mobile communications power supplies

Notwithstanding the forgoing, Agilent reserves the right to determine which Products are eligible for purchase as follows: Agilent may add Products at any time upon written notice, and may delete (i) Products which are no longer being offered by Agilent upon written notice at any time or (ii) any Products upon [***] written provided that such removal of Products will not substantially impact Reseller’s order volumes.

4. DISCOUNT

All Products (including applicable standard options and sales of refurbished equipment) and Services that are determined by Agilent to be available upon acceptance of Reseller’s order will receive a [***] discount. The discounts granted under this Exhibit are in lieu of and not in addition to any other discounts which might be available from Agilent with the exception of used Product and certain special promotions that may be offered from time to time.

5. SERVICES SUBJECT TO DISCOUNT

Services will receive a [***] discount. Services eligible for discount are service agreements sold up-front for return to Agilent repair and calibration. Notwithstanding the foregoing, Agilent reserves the right to determine which Services options are available under this Agreement. Agilent may add Services at any time upon written notice, and may delete (i) Services which are no longer being offered by Agilent upon written notice at any time or (ii) any Services on [***] written notice provided that such removal of Services will not substantially impact Reseller’s order volumes.

6. DEMONSTRATION DISCOUNTS

Reseller will receive a [***] demonstration/development discount for all eligible Products (including applicable standard options). Certain Software Products are eligible for a [***] demonstration discount. Products eligible for demonstration purposes are those subject to the terms and conditions set forth in the Section 14 of the EMG US Authorized Technology Partner Agreement. Agilent reserves the right to confirm that a Product is eligible for a demonstration discount under this Exhibit. Agilent may change the applicable demonstration discount rate for a Product without notice.

7. EDUCATIONAL REBATE

At the end of each quarter [***], Reseller will receive a rebate in the amount of [***] off the Agilent list price (“Educational Rebate”), subject to the provisions set forth below, for Products and Services that are resold by Reseller to an educational institution that qualifies for the Agilent Educational Discount Program. To be eligible for the Educational Rebate, Reseller must pass through to the educational Institution a discount in the amount equal to or greater than [***]. To receive a rebate, Reseller must indicate in their monthly point of sale report that the Customer is a qualified educational institution. Agilent has reasonable discretion to determine which Customers are eligible educational institutions. Upon request by Agilent, Reseller will provide a copy of the Customer’s purchase order and any other related information that verifies that a Customer is a qualified educational institution. Any rebate paid to Reseller will be provided by Agilent in the form of a credit within [***] following the last business day of each quarter. If Reseller is entitled to receive a rebate and the Agreement is terminated, Agilent will issue Reseller a check in the amount owed under this Section 7 within thirty (30) days following termination of the Agreement.

8. Additional Discounts

Highly Competitive Opportunities

Provided the transaction remains economically acceptable to Agilent, Agilent intends to provide price discounts to Reseller of up to an [***] if the discount is required in a particular situation or by general market conditions in the reasonable

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

 

	ANT76
EMG US ATP PRODUCT AND DISCOUNT EXHIBIT	Exhibit R601US

judgment of Agilent to allow Reseller to compete aggressively in the marketplace while protecting Reseller’s discount of [***]. Any additional discounts on a sale by Reseller beyond what Agilent is prepared to give would need to come from Reseller.

=

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

Exhibit B

Agilent Authorized Reseller Insignia Exhibit (I9)

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

 

	ANT76
EMG US ATP PRODUCT AND DISCOUNT EXHIBIT	Exhibit I9

WHEREAS, Agilent Technologies, Inc. (“Agilent”) is the owner of all right, title and interest in and to the Agilent trademarks/service marks referenced in this Exhibit I9.

WHEREAS, Electro Rent Corporation (Participant”) wishes to use the Insignia in connection with the Program outlined in the Referenced Agreement.

Therefore, the purpose of this Exhibit is to provide Agilent Authorized Service Resellers with a right to use an insignia that identifies them as such, under conditions that properly protect the insignia.

1. DEFINITIONS

a. “Referenced Agreement” means Agreement No. ANT76 effective December 1, 2009 between Agilent and Participant, of which this Exhibit is a part.

b. “Program” means the Agilent program under which Participant has been admitted as an Authorized Reseller by written notice.

c. “Authorized Products” means Agilent products identified and authorized in the Referenced Agreement.

d. “Authorized Services” means the services Participant is authorized by the Referenced Agreement to provide with respect to the Authorized Products (including as applicable materials used in the advertising, promotion and sale of such products or services).

e. “Insignia” means the insignia shown below (which Agilent may amend from time to time or not less than 160 days’ written notice):

 

f. “Agilent ▇▇▇▇” means any trademark, trade name, logo or insignia, including the Insignia, owned by Agilent Technologies, Inc. (Agilent”) or any of its subsidiaries (collectively, with their parent, the “Agilent Companies”).

2. INSIGNIA OWNERSHIP

Participant acknowledges that the Insignia is a trademark of Agilent and that it will remain the sale property of Agilent. Participant’s right to use the Insignia arises solely by virtue of this Exhibit, and Participant will acquire no rights in the Insignia through use. Participant agrees not to attack or challenge the validity of the Insignia as a trademark, Agilent’s ownership thereof, or Agilent’s right to control the use of the Insignia. Participant agrees that any use it makes of the Insignia will inure to the benefit of Agilent.

3. AUTHORIZATION

Participant is authorized under this Agreement to use the Insignia (the “Authorization”) solely in connection with the Authorized Services, and pursuant to and in compliance with the Referenced Agreement. Participant will not use the Insignia other than in connection with the Authorized Services. Participant will comply with all provisions in this Exhibit and the Referenced Agreement as well as the Authorized Channel Partner Insignia Standards published at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇.▇▇▇▇▇ (Username: [***] Password: [***]), and all rules, standards or guidelines promulgated from time to time by Agilent for the display and use of the Insignia. Participant will at all times use the Insignia in good taste and will refrain from using it in a manner that would bring the Agilent Companies into disrepute. Participant will not use the Insignia in a manner that is likely to confuse consumers as to the nature or extent of its relationship with the Agilent Companies. This Exhibit does not authorize Participant to use any other Agilent ▇▇▇▇ in connection with the Authorized Services. Participant will promptly report to Agilent any unauthorized use of Agilent Marks that comes to Participant’s attention. Participant will not incorporate the word AGILENT into its domain or business names. Any change or addition to the scope or duration of this Authorization must be in writing and must be signed by an authorized representative of Agilent.

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

 

	ANT76
EMG US ATP PRODUCT AND DISCOUNT EXHIBIT	Exhibit I9

4. QUALITY STANDARD

Participant agrees to maintain at least the same level of quality for the Authorized Services as if maintained when the Participant qualified for the Program, and to comply with all standards set by the Agilent Companies from time to time for inclusion in the program (taken together, the “Quality Standards”). Participant understand that Agilent will from time to time evaluate the Authorized Services for compliance with the Quality Standards, including surveying Participant’s customer, and Participant agrees to cooperate with Agilent in any such evaluation. Any time that, in Agilent’s sole judgment and absolute discretion, the authorized Services fail to meet the Quality Standards, Agilent may immediately terminate the Authorization.

5. TERMINATION

Agilent may terminate or suspend the foregoing Authorization immediately upon written notice to Participant if Participant fails to comply with any of the provisions of the Exhibit or any of the rules or standards promulgated by Agilent for the use of the Insignia. This Authorization will automatically terminate upon the termination of the Referenced Agreement. Upon any termination of the Authorization, Participate will immediately cease use of the Insignia. Without limiting the foregoing, Participant’s possession or control, and to replace any products or materials that bear the Insignia that are still in the hands of any distributors or other resellers with products and materials that do not bear the Insignia. Participate agrees that any unauthorized use of the Insignia will cause irreparable harm to Agilent, for which damages would not be an adequate remedy, and agrees not to contest the entry of an immediate injunction should Participant engage in any such authorized use.

6. APPROVALS

Participant will, upon request by an Agilent Company, submit to the requesting party for its prior approval any and all proposed uses for the Insignia. Any failure by the Agilent Company to object to a particular use or omission by Participant will not be construed as a waiver of the right to object to or require changes in such use or omission in the future, nor will it be construed as an approval of such use or omission.

7. REGISTRATIONS

Participant will cooperate with Agilent in making or facilitating any governmental registrations or submissions that are necessary to protect the Insignia and Agilent’s ownership thereof, including, but not limited to, registration of Participant as a Registered User of the Insignia. Upon termination of the Exhibit, Participant will cooperate with Agilent in the revocation of any such registration.

8. LEGAL RELATIONSHIP

Participant’s relationship with the Agilent Companies will be that of an independent contractor. Neither party will have, nor represent that it has, any power, right or authority to bind the other party, or to assume or create any obligation or responsibility, express or implied on behalf of the other party. Nothing stated in this Exhibit will be construed as creating a legal partnership between Participant and the Agilent Companies, or as creating the relationship of employer and employee, master or servant or principal and agent between or among the parties.

AGREED TO:			AGREED TO:
Participant:	Electro Rent Corporation		Agilent Technologies, Inc.
	/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇			/s/ ▇▇▇▇▇ ▇▇▇▇▇
	Authorized Representative Signature			Authorized Representative Signature
Name:	▇▇▇▇▇ ▇▇▇▇▇▇▇		Name:	▇▇▇▇▇ ▇▇▇▇▇
Title:	President		Title:	EMG Americas Contracts Manager
Date:	October 13, 2009		Date:	10/13/09

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

Exhibit C

Standards of Business Conduct for Agilent Technologies’ Channel Partner Exhibit (CSBC)

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

 

	ANT76
STANDARDS OF BUSINESS CONDUCT FOR AGILENT TECHNOLOGIES CHANNEL PARTNERS	CSBC

POLICY STATEMENT

Agilent Technologies expects its Channel Partners to conduct their affairs in strict compliance with the letter and spirit of the law and to adhere to the highest principles of business ethics which include but are not limited to the principles highlighted below.

The excellent reputation of Agilent Technologies and its products can only be maintained if its Channel Partners are fair and honest in their dealings with every customer who purchases Agilent Technologies’ products.

These Standards of Business Conduct are intended to inform Agilent Technologies’ Channel Partners of basic legal and ethical rules they must comply with when dealing with customers. Agilent Technologies’ competitors and other Channel Partners.

1. CONDUCT RELATING TO CUSTOMERS

a) Any statements or claims made by the Channel Partners to customers about Agilent Technologies or Agilent Technologies’ products must be based on current information provided by Agilent Technologies.

b) The Channel Partners must not make the purchase of Agilent Technologies’ products conditional on the purchase of other products or services unless permitted by law.

e) The Channel Partners must promptly inform customers of any known dangers that may result from the use of Agilent Technologies products.

d) The Channel Partners must not pay commissions or other compensation to the employees of customers who purchase Agilent Technologies’ products.

2. CONDUCT RELATING TO AGILENT TECHNOLOGIES’ COMPETITORS

a) The Channel Partners must abstain from making any unfounded or disparaging remarks about Agilent Technologies’ competitors or their products.

b) Any comparisons between the specifications. quality. utility or value of Agilent Technologies’ and its competitor’s products must be based on published, factual information that is current and complete.

c) The Channel Partners must not disclose to Agilent Technologies’ employees any information regarding Agilent Technologies’ competitors or their products that has been received by Channel Partners under an obligation of confidentiality.

3. CONDUCT RELATING TO OTHER CHANNEL PARTNERS

a) The Channel Partners must abstain from making any unfounded or disparaging remarks about other channel partners or resellers.

b) The Channel Partners must not make any agreement or understanding with other channel partners allocating customers or territories for Agilent Technologies’ products.

Revision Date 01-November-2009	Version Number 1
	Printing Date 14 October 2009

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

Exhibit D

Listing of Agilent Target Accounts

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.

*** Confidential treatment has been requested with respect to certain portions of this exhibit. Omitted portions have been filed separately with the Securities and Exchange Commission.

Agilent Technologies Target Account List Agilent Private November 23rd, 2009 v1

[***]	Street Address	City	State/Province	Country	ZIP/Postal Code	DUNS	Agilent [***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-2-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-3-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-4-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-5-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-6-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-7-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-8-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-9-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-10-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-11-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-12-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-13-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-14-

[***]	[***]	[***]	[***]	[***]	[***]		[***]
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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-15-

[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-16-

[***]	[***]	[***]	[***]	[***]	[***]		[***]
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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-17-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-18-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-19-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-20-

[***]	[***]	[***]	[***]	[***]	[***]		[***]
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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-21-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-22-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-23-

[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-24-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-25-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-26-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-27-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-28-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-29-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-30-

[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-31-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-32-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-33-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-34-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-35-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-36-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-37-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-38-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-39-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-40-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-41-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-42-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-43-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-44-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-45-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-46-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-47-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-48-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-49-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-50-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-51-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-52-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-53-

[***]	[***]	[***]	[***]	[***]	[***]		[***]
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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-54-

[***]	[***]	[***]	[***]	[***]	[***]		[***]
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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-55-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-56-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-57-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-58-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-59-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-60-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-61-

[***]	[***]	[***]	[***]	[***]	[***]		[***]
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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-62-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-63-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-64-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-65-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-66-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-67-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-68-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-69-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-70-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-71-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-72-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-73-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-74-

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[***]	[***]	[***]	[***]	[***]	[***]	[***]	[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-75-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-76-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-77-

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[***]	[***]	[***]	[***]	[***]	[***]		[***]
[***]	[***]	[***]	[***]	[***]	[***]		[***]

[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-78-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-79-

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[***] – Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
-80-

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