RepresentationWarrantyandIndemnityAgreement代表担保及补偿条约doc.docx

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RepresentationWarrantyandIndemnityAgreement代表担保及补偿条约doc.docx

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RepresentationWarrantyandIndemnityAgreement代表担保及补偿条约doc

Representation,WarrantyandIndemnityAgreement代表担保及补偿协议-

ThisRepresentation,WarrantyandIndemnityAgreementisenteredintoasof_________(M/D/Y)(thisAgreement),amongAAACorporation,a_________(STATE)Corporation(Buyer),andthecorporationsidentifiedonthesignaturepageofthisAgreement(individuallyanEntityandcollectively,theEntities).

WHEREAS,BuyerhasenteredintoaPurchaseAgreement,datedasof_________(M/D/Y)(thePurchaseAgreement),withtheSellersandCorporationsidentifiedinthePurchaseAgreement;

WHEREAS,theEntitiesareformerpartnersofoneormoreoftheParentPartnerships(asdefinedinthePurchaseAgreement);and

WHEREAS,eachofBuyerandtheEntitiesdesiretomakecertainrepresentations,warrantiesandagreementswithrespecttothePurchaseAgreement.

NOW,THEREFORE,inconsiderationofthemutualpromisescontainedhereinandintendingtobelegallybound,thepartiesagreeasfollows:

 

1.TheEntitiesshallbedeemedtobeCorporations(asthattermisusedinthePurchaseAgreement)forallpurposesunderthePurchaseAgreement,includingbutnotlimitedto,forpurposesofArticlesII,III,VI,andIXandSection10.10andallancillaryagreementsandclosingdocumentsdeliveredinconnectiontherewith,asiftheEntitieshadexecutedanddeliveredthePurchaseAgreementasCorporations;provided,however,thatreferencesinSection3.3ofthePurchaseAgreementtothisAgreementshallbedeemedtorefertothisRepresentation,WarrantyandIndemnityAgreementandnotthePurchaseAgreement.

 

2.ThisAgreementmaybeamendedonlybyagreementinwritingofallparties.NowaiverofanyprovisionnorconsenttoanyexceptiontothetermsofthisAgreementshallbeeffectiveunlessinwritingandsignedbythepartytobeboundandthenonlytothespecificpurpose,extentandinstancesoprovided.

 

3.ThisAgreementconstitutestheentireagreementamongthepartiespertainingtothesubjectmatterhereofandsupersedesallprioragreementsandunderstandingsofthepartiesinconnectiontherewith.

 

4.ThisAgreement,thelegalrelationsbetweenthepartiesandanyAction(asdefinedinthePurchaseAgreement),whethercontractualornon-contractual,institutedbyanypartywithrespecttomattersarisingunderorgrowingoutoforinconnectionwithorinrespectofthisAgreement,includingbutnotlimitedtothenegotiation,execution,interpretation,coverage,scope,performance,breach,termination,validity,orenforceabilityofthisAgreement,shallbegovernedbyandconstruedinaccordancewiththelawsoftheStateof_________applicabletocontractsmadeandperformedinsuchStateandwithoutregardtoconflictsoflawdoctrines.

 

5.NeitherthisAgreementnoranyrightsorobligationsunderitareassignable,exceptthatBuyermayassignitsrightshereundertoanyAffiliates(asdefinedinthePurchaseAgreement)ofBuyer,inwhicheventBuyershallremainliabletotheCorporationsforallobligationsofBuyerhereundernotwithstandingapermittedassignment.

 

6.ThisAgreementmaybeexecutedinanynumberofidenticalcounterparts,eachofwhichwhenexecutedanddeliveredshallbeanoriginal,butallsuchcounterpartsshallconstitutebutoneandthesameinstrument.Anysignaturepageofthisinstrumentmaybedetachedfromanycounterpartwithoutimpairingthelegaleffectofanysignaturesthereof,andmaybeattachedtoanothercounterpart,identicalinformthereto,buthavingattachedtoitoneormoreadditionalsignaturepages.Deliverybyanypartyoritsrespectiverepresentativesoftelecopied(counterpart)signaturepagesshallbeasbindinganexecutionanddeliveryofthisAgreementbysuchpartyasiftheotherpartyhadreceivedtheactualphysicalcopyoftheentireAgreementwithaninksignaturefromsuchparty.

 

7.Allinformationdisclosedbyanyparty(oritsrepresentatives)whetherbeforeorafterthedatehereof,inconnectionwiththetransactionscontemplatedby,orthediscussionsandnegotiationspreceding,thisAgreementtoanyotherparty(oritsrepresentatives)shallbekeptconfidentialbysuchotherpartyanditsrepresentativesandshallnotbeusedbyanysuchPersons(asdefinedinthePurchaseAgreement)otherthanascontemplatedbythisAgreement,excepttotheextentthatsuchinformation(i)wasknownbytherecipientwhenreceived,(ii)itisorhereafterbecomeslawfullyobtainablefromothersources,(iii)isnecessaryorappropriatetodisclosetoaGovernmentalEntity(asdefinedinthePurchaseAgreement)havingjurisdictionovertheparties,(iv)asmayotherwiseberequiredbylawor(v)totheextentsuchdutyastoconfidentialityiswaivedinwritingbytheotherparty;provided,however,thatfollowingtheClosingDate(asdefinedinthePurchaseAgreement)nothinginthissectionshallapplytoorrestricttheuseofinformationbyBuyerortheHomebuildingEntities(asdefinedinthePurchaseAgreement)intheirbusinesses.

 

8.IntheeventofanydisputeordisagreementbetweentheEntitiesandBuyerastotheinterpretationofanyprovisionofthisAgreementorthePurchaseAgreement,ortheperformanceofobligationshereunder,themattershallbedeterminedinthemannerprovidedinSection10.10ofthePurchaseAgreementand,ifanArbitration(asdefinedinthePurchaseAgreement)hasbeenrequestedorinstituted,shallbedeterminedaspartofthatArbitrationwiththeEntitiesparticipatingtothesameextentastheCorporationscouldparticipate.

 

9.Anynoticeorothercommunicationhereundermustbegiveninwritinganddeliveredinpersonorsentbytelecopy,byanationally-recognizedovernightcourierserviceorbycertifiedorregisteredmail,postageprepaid,receiptrequested,addressedasfollows:

 

RepresentationAgreement代表协议-

RepresentationAgreement

 

THISREPRESENTATIONAGREEMENT(theAgreement)ismadeasof_________,_________,_________(M,D,Y)byandbetweenAAA,Inc.(AAA),withitsprincipalplaceofbusinesslocatedat_________(Address)(Company),withitsprincipalplaceofbusinesslocatedat_________(Address),andBBB,Inc.(BBB),withitsprincipalplaceofbusinesslocatedat_________(Address).

AAAandCompanyagreetothefollowing:

 

1.EngagementofServices

 

a.AAAwillprovideadvertisingsalesrepresentationandconsultationforCompany’swebsite,locatedontheWorldWideWebathttp:

//www._________.comandotherinteractivemarketingvehiclessuchasSurfboardandMy100Hot.

 

b.AAAwillupdateCompanyontheprogressanddemandoftheInternetadvertisingmarketplace.

 

2.SalesMarketingSupport

 

a.CompanyandAAAwillwriteanddistributepressreleasesforanyworthyadvertisingprogramsthataredevelopedandsoldbyAAAandCompany.AAAwillnotdistributepressreleaseswithouttheconsentofBBB,whichshallnotbereasonablywithheld.

 

b.AAAwillprovideCompanywiththefollowingSalesandMarketingSupport:

 

I.AAAwillhighlightCompanyinitsmediakitandWebsiteasoneofitsPremiumWebsitePartnersincludingdetailedinformationinbothitsWebsiteandBeyondtheBannersections.

 

II.AAA’sSalesexecutiveswillworkwithCompanytoorchestrateprogramsthatincreaseCompany’soverallrevenuestream.

 

c.CompanywillprovideAAAwiththefollowingSalesandMarketingSupport:

 

I.Companywillallocateappropriatebudgetstodevelopadvertisingsalesmaterialforgeneralmediakitpurposesandforspecialadvertisingprograms.

 

II.OnCompany’sAdvertisinginformationpage,CompanywillrefertoAAAasitsexclusivethird-partyAdvertisingSalesRepresentationfirmandwilllinktoacustomizedpageonCompany’ssitethatprovidesAAASalescontactinformation.

 

III.CompanyagreestoprovideAAAwiththenecessarysalesandmarketingresourcesreasonablyrequiredtosupportnewadvertisingrecommendationsanddemonstrations.

 

3.ScheduleServingTracking

 

a.ExcludingallReachEfficiencycampaigns,CompanywilluseitsbesteffortstoserveandtrackallbannerschedulesthatAAAbooksforCompanywithinfourmonthsoftheexecutionofthisagreement.Untilsuchtime,servingandtrackingwillcontinueunderthesystemusedbyCompanyandAAAasofthedateofthisagreement.OnceCompanybeginstohandleservingandtracking,CompanywilluseitsbesteffortstoprovideAAAwithonlinetrackingresultsthatlistdailyimpressionandclickdataforeachbannercreative.

 

b.AAAwillserveandtrackallofCompany’sReachEfficiencyschedules(networkbuys)thataresoldbyAAAsalesexecutives.AAAwillprovideonlinetrackingresultsthatwilllistimpressionandclickdataforeachbannercreative.ReachEfficiencyschedulesaredefinedasthoseschedulesthatarebookedaspartofanetworkbuy,whereAAAsellsanumberofitssitesasonebuy.

 

c.CompanyacknowledgesthatitisAAA’spreferencetoserveandtrackallofWeb21’sadvertisingschedules.ThepartiesagreetodiscussthepossibilityoftransferringallofCompany’sservingtrackingmanagementtoAAA.

 

d.TotheextentthatAAAservesandtracksnon-ReachEfficiencycampaigns(forexamplerichmediadealsthatthecurrentsystemortheCompanysystemwillnotsupport),thecommissiontoAAAwillbenegotiatedonacase-by-casebasis.

 

4.SalesManagement

 

a.TomaximizerevenuesforallCompanyproperties(including,Surfboard,andMy100hot),thepartiesagreetoutilizebothAAAandBBB’ssalesstaff.Bothpartiesaresensitivetothepossibilityofclientconfusionandsalesconflictandasaresult,eachsalesstaffwilladheretothefollowingguidelines:

 

I.Sales-BBBwillhavetheopportunitytorunadvertisingthrough’s

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