Wisconsin Co-Marketing Agreement

State:
Multi-State
Control #:
US-TC0509
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This is a co-marketing agreement between a manufacturer of computer software products and another company that also manufactures software products for the same type customers. They desire to help each other identify prospective customers for each party's software products and services and therefore enter into this agreement. The agreement identifies their roles and responsibilities, reservation of rights, promotional activities, media events, and other necessary ares of concern.

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FAQ

To be valid, an oral contract must contain all of the following elements, which are required in any other type of contract: Offer. The offer is the promise to do something?or to not do something?in exchange for what the other party is providing. Acceptance. ... Consideration. ... Meeting of the minds. ... Legally enforceable.

Use of this Agreement is limited to Commercial Transactions concerning any real property, other than real property containing 1 to 4 dwelling units or real property zoned for agricultural use.

Exception to One-Year Rule A signed, written memorandum isn't necessary if the oral contract has been fully performed. This is true even if the terms of the oral contract prevent performance within one year. These oral contracts are enforceable without meeting the requirements of a statute of frauds.

Oral contracts are enforceable in Wisconsin if they include explicit and definite terms, all the elements of contract formation, and can be performed within one year. If the contract is for longer than one year, it must be in writing.

A contract, whether written or oral, is only enforceable if the essential terms of the contract are clear and certain. The contract must be sufficiently definite and detailed as to what actions all parties are obligated to perform.

(1) An action for breach of any contract for sale must be commenced within 6 years after the cause of action has accrued. By the original agreement the parties, if they are merchants, may reduce the period of limitation to not less than one year. The period of limitation may not otherwise be varied by agreement.

A joint marketing agreement is a contract between two or more parties in which at least one party agrees to collaborate on promoting the other's offerings. Joint marketing agreements are sometimes called co-marketing agreements or co-branding agreements.

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Wisconsin Co-Marketing Agreement