SublimX® Trading Assistants Operating Agreement

  1. Parties. This is an agreement between us, i.e. Virtual Media Technologies, Inc., and you, the Trading Assistant. If you list a company name when you register, then the company is deemed to be the Trading Assistant.

  2.  
  3. Your Rights and Responsibility.
     
    1. You may sell SublimX products through web sites, auction sites, or physical stores.  You are not required to sell any particular quantity of our products.
       
    2. The products that you sell will be available in electronic (downloadable) form. You may also sell hard copies of our products, but you must contact us in advance to ensure stock availability.
       
    3. All sales to you are subject to SublimX License Agreement and this Operating Agreement.
       
    4. You agree to disclose to the end users that all sales are subject to SublimX License Agreement as found at http://www.sublimx.com/Pages/ProductInfo/License.aspx
       
    5. You will promptly advise us of any changes in your address, phone number, and email address, via the Change of Information form at our Trading Assistants' Support Center.
       
  4. Our Rights and Responsibilities.
     
    1. We will provide you with graphic and textual text materials for the purpose of promoting and selling SublimX products.
       
    2. We will sell you our products at wholesale prices disclosed on our web site.
       
    3. We will give you access to a password-protected area of our web site to process orders, to receive your order history, and to reviw sales statistics at your convenience.
       

  5. Sale Procedure.
     
    1. For Downloadable Products. Once you sell a product, log in to Trading Assistants Support Center. Once there, enter the name of the auction facility, the item number, and the customer's email address. We will charge your account and issue a Download Certificate. We will send the Download Certificate to your customer in an email that would show is coming from you.  A copy of that email will be sent to you and will be available in our database for your review (for at least 90 days).
       
    2. For Hard Copy Products. Please contact us to purhase the desired number of hard copy items before you start selling.  Payment will be required on delivery.
       

  6. Term of the Agreement The term of this Agreement will begin upon our acceptance and approval of your application and will end when terminated by either party. Either party may terminate this Agreement at its sole discretion at any time, with or without cause, by giving the other party notice of termination. To cancel your account, you agree to use the cancellation form available at Trading Assistants Support Center of our web site.
     
  7. Relationship of Parties. You and Virtual Media Technologies, Inc. are independent persons. You are not our employee or agent.  You will be solely responsible for the development, operation, and maintenance of your site, store, or auction page and for all materials thereon.
     
  8. Modification. We may modify any of the terms and conditions contained in this Agreement at any time in our sole discretion. You will be notified by email and a change notice will be posted on our site. If any modification is unacceptable to you, you may terminate this Agreement. Your continued participation in the Trading Assistants Program following our posting of a change notice or new Agreement on our site will constitute binding acceptance of the change.
     
  9. Entirety of Agreement. This Agreement is the entire agreement between us, superseding any other agreement or discussions, oral or written. The provisions of this Agreement may not be changed or waived except by a written agreement signed by a duly authorized officer of Virtual Media Technologies, Inc.
     
  10. Governing Law. This Agreement shall be governed and construed in accordance with the laws of United States of America and the State of Indiana, United States of America, excluding the application of their conflicts of law rules.  This Agreement will not be governed by the United Nations Convention on Contracts for the International Sale of Goods, the application of which is expressly excluded. Any claim in connection with, arising under, or in any way whatsoever relating to (i) this Agreement, (ii) the relationship created by this Agreement shall be brought in a court sitting in Indianapolis, Indiana.
     In any such action, the prevailing party shall be entitled to reasonable attorney's fees and expenses.
     
  11. Severability. If any provision of this Agreement is declared by a court of competent jurisdiction to be invalid, illegal, or unenforceable, such a provision shall be severed from the Agreement and the other provisions shall remain in full force and effect.
     
  12. Language. The parties have requested that this Agreement and all documents contemplated hereby be drawn up in English.
     
  13. Construction. This Agreement shall be construed reasonably and not against any particular party. The titles given to the paragraphs and subparagraphs of this Agreement are for the convenience of the parties.  This Agreement shall be construed without regard to such titles.
     

Last Updated: December 5, 2005

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