West Virginia Agreement between E.C. Net Manufacturing, LLC and Ichargeit.Com, Inc. regarding joint venture of fulfillment and distribution center and pricing and revenue of shipments

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Agreement between E.C. Net Manufacturing, LLC and Ichargeit.Com, Inc. regarding joint venture of a fulfillment and distribution center and pricing and revenue of shipments dated February 1, 1999. 2 pages.

Title: West Virginia Agreement between E.C. Net Manufacturing, LLC and Charge. Com, Inc. for Joint Venture of Fulfillment and Distribution Center and Pricing and Revenue of Shipments Introduction: In this detailed description, we will discuss the West Virginia Agreement between E.C. Net Manufacturing, LLC and Charge. Com, Inc. This agreement establishes a joint venture for the operation of a fulfillment and distribution center and addresses various aspects related to pricing and revenue of shipments. Read on to explore the specifics of this partnership and the different types of agreements that may be included. 1. Joint Venture: The West Virginia Agreement establishes a joint venture between E.C. Net Manufacturing, LLC and Charge. Com, Inc. for the purpose of operating a fulfillment and distribution center. This joint venture aims to optimize both companies' resources, enhance efficiency, and maximize profitability in the targeted market. 2. Fulfillment and Distribution Center: The agreement outlines the scope and responsibilities related to the fulfillment and distribution center. It defines the specific operations, including receiving, warehousing, inventory management, order fulfillment, shipping, and customer support services. Both parties agree to collaborate and share resources, technologies, and expertise to ensure a successful venture. 3. Pricing and Revenue: The West Virginia Agreement details the pricing and revenue structure concerning the shipments handled by the joint venture. This includes: a. Pricing Mechanics: The agreement includes comprehensive guidelines and methodologies for establishing pricing for various shipping services offered by the fulfillment and distribution center. It may consider factors such as distance, weight, dimensions, delivery speed, and special handling requirements. b. Revenue Sharing: The parties involved have agreed upon a revenue-sharing model that outlines how the profits from the joint venture will be distributed. This may include an agreed-upon percentage, fixed fee, or a combination of both, allowing for a fair and equitable distribution of the generated revenue. 4. Confidentiality and Intellectual Property: To protect the interests of both parties, the agreement may include provisions related to confidentiality and intellectual property rights. This ensures that all proprietary information, trade secrets, and intellectual property developed or shared during the joint venture are appropriately safeguarded. 5. Termination and Dispute Resolution: In the event of any conflicts or issues arising between the parties, the West Virginia Agreement may outline a process for dispute resolution. This can include negotiation, mediation, or arbitration. Additionally, the agreement may define the conditions under which the joint venture can be terminated, ensuring a fair and smooth exit strategy for both parties. Types of West Virginia Agreements: 1. West Virginia Joint Venture Agreement: This type of agreement outlines the general terms and conditions of the joint venture between E.C. Net Manufacturing, LLC and Charge. Com, Inc. It covers the establishment of the fulfillment and distribution center, the objectives of the partnership, and the obligations of each party involved. 2. West Virginia Pricing and Revenue Agreement: Specifically focusing on the pricing and revenue aspects, this agreement further elaborates on the mechanics of pricing, revenue distribution models, and the overall profitability of the joint venture. It ensures transparency and clarity regarding the financial aspects of the partnership. Conclusion: The West Virginia Agreement between E.C. Net Manufacturing, LLC and Charge. Com, Inc. for their joint venture of a fulfillment and distribution center, along with comprehensive provisions regarding pricing and revenue, sets a solid foundation for a successful collaboration. This detailed description provides an overview of the joint venture's objectives, the responsibilities of each party, and the types of agreements that may be drafted to ensure a smooth and beneficial partnership.

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West Virginia Agreement between E.C. Net Manufacturing, LLC and Ichargeit.Com, Inc. regarding joint venture of fulfillment and distribution center and pricing and revenue of shipments