• Purpose

    Purpose The purpose of this MOU is to set forth the terms and conditions of the collaboration between POS Company and Agent Operator for the distribution and promotion of POS Company's products and services.

  • Roles

    Roles and Responsibilities Under this MOU, POS Company shall provide Agent Operator with the necessary technology and support to enable Agent Operator to promote and sell POS Company's products and services to potential customers. Agent Operator shall be responsible for promoting and marketing POS Company's products and services to potential customers, as well as for providing customer support and training related to the use of POS Company's products and services.

  • Performance

    Performance Metrics POS Company and Agent Operator shall work together to establish performance metrics to measure the success of the collaboration. Such metrics may include the number of sales or transactions processed by Agent Operator, customer satisfaction ratings, and other relevant performance indicators.

  • Compensation

    Compensation POS Company shall compensate Agent Operator for the promotion and sale of POS Company's products and services according to the compensation structure set forth in the attached Schedule A. The compensation structure may include commission rates, bonuses, or other incentives based on the achievement of performance metrics.

  • Confidentiality

    Confidentiality and Non-Disclosure POS Company and Agent Operator agree to maintain the confidentiality of any proprietary information shared between them, including customer data, trade secrets, and other sensitive information.

  • Duration

    Duration and Termination This MOU shall remain in effect for a period of [Duration] unless terminated earlier by mutual agreement of the parties or by either party upon [Notice Period] written notice to the other party. Upon termination, each party shall return any confidential information or materials provided by the other party.

  • Governing

    Governing Law This MOU shall be governed by and construed in accordance with the laws of [State/Country], without giving effect to its principles of conflicts of law.

  • Agreement

    Entire Agreement This MOU contains the entire agreement between the parties and supersedes all prior and contemporaneous agreements and understandings, whether written or oral, relating to its subject matter.