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Partner Authoriziation Agreement Template - Online Version - FINAL - 08july202...
Partner Authoriziation Agreement Template - Online Version - FINAL - 08july202...
This RealWear, Inc. Partner Authorization Agreement (the “Agreement”) is by and between RealWear, Inc. with its principal place of business at 600
Hatheway Road, Suite 105, Vancouver, WA 98661 ("RealWear''), and the company identified herein below (the "Partner''). Partner and RealWear may
each be referred to herein individually as, a "Party'' and collectively as, the “Parties." This Agreement along with the current RealWear Partner Network
Program and Policy Guide (the “Policy Guide” is applicable only to Partners outside of the Asia-Pacific (“APAC”) territory) shall be collectively referred
to herein as the “Agreements,” and is the only agreement between Partner and RealWear regarding Partner’s purchase and distribution of RealWear
Products. The Agreements supersede and replace in their entirety any prior written or oral agreements between the Parties related to the subject
matter herein. Any prior agreements are void ab initio and of no effect. Any terms or conditions contained in any other documents (e.g., quote, RFP,
RFQ purchase order, procurement forms, vendor documentation, etc.) are expressly superseded by the Agreements, rejected, and excluded.
"Hardware" means the RealWear HMT-1 family of head-mounted tablets. "RealWear Software" means any software, library, tool, utility, or other
program code, in object (binary) form embedded or pre-installed in the Hardware, including any updates made available to Partner by RealWear.
"Documentation" means the related media, printed materials, online and electronic documentation provided by RealWear, including copies.
"Product(s)'' means Hardware, RealWear Software, Documentation, and any associated accessories, collectively.
4. No Modification
Partner may not modify the Product without RealWear's prior written consent, which RealWear may grant at its sole discretion, in a separate
signed written agreement (an “Addendum”). Such Addendum shall be attached to this Agreement and will set forth the details of any permitted
modifications Partner may make to the Products. For purposes of this Section 4, “modify” shall mean (i) the physical modification of the Hardware
or Product; (ii) any modification or change to the RealWear Software, as defined above; (iii) any changes to RealWear’s Marks as they appear
on the Product at the time of sale; or (iv) any other reconfiguration or alteration of the Product that may affect or alter Product performance as
intended.
7. Confidentiality
A. Confidential Information and Exclusions. “Confidential Information" means any information disclosed by one party (the "Discloser") to
the other party (the "Recipient") that is visually or orally identified as "confidential," "proprietary," or similarly identified, or that should
reasonably be understood to be confidential under the circumstances. Confidential Information does not include any information that (i)
Recipient knows or possesses, without any confidentiality obligation to the Discloser at the time of disclosure; (ii) is or becomes public,
through no fault of the Recipient; (iii) Recipient receives from a third party with no confidentiality obligation to the Discloser; or (iv) Recipient
independently develops without reference to any Confidential Information of the Discloser.
B. Confidentiality Obligations and Exceptions. Recipient will not use any Confidential Information for any reason other than as strictly
necessary for the business discussions between Discloser and Recipient or for a Party’s performance of its obligations under this Agreement.
Recipient will not reverse engineer, tear down, or disassemble any Hardware or reverse engineer, extract, or decompile any RealWear
Software, or otherwise attempt to derive or discover any Confidential Information from any Hardware or RealWear Software. Partner will not
publish or publicly disseminate any performance testing results or benchmarking studies of any Product without first providing them to
RealWear for review and receipt of prior written approval by RealWear, which RealWear may grant or withhold at its sole discretion. Recipient
will not disclose or allow to be disclosed any Confidential Information to any other party for five (5) years from the date of disclosure. Recipient
will use the same precautions to prevent disclosure of Confidential Information that it uses to safeguard its own Confidential Information, but
will at least use a commercially reasonable degree of care and at least the same level of care that it takes in protecting its own Confidential
Information. Recipient may disclose Confidential Information to its own employees, contractors, consultants, and directors who have a need
to know the Confidential Information, provided that they are bound by confidentiality obligations at least as restrictive as this Agreement.
Recipient assumes responsibility for any disclosure of Confidential Information by them including any losses, expenses or damages incurred
by the Discloser as a result of improper disclosure of the Confidential Information. Recipient may disclose Confidential Information in
response to a judicial or other governmental order provided that the Recipient (unless legally prevented from doing so) gives reasonable
notice to the Discloser of the disclosure prior to the disclosure in order to allow Discloser to seek a protective order or the equivalent, and
reasonably assists Discloser (at Discloser's expense) in that effort; or with written permission from Discloser. Nothing in this Agreement
obligates either Party to disclose Confidential Information or forms any joint venture or other relationship.
C. Ownership, AS-IS Disclosure, Return and Destruction of Confidential Information. Discloser owns all Confidential Information and
derivative information and all associated intellectual property rights and other proprietary interests. Nothing in this Section 7 grants or implies
any license to Discloser's intellectual property. Each party discloses information AS-IS and makes no guarantees about its completeness,
suitability for any particular purpose, or any other guarantees or warranties whatsoever. At the termination of this Agreement, or at the
request of Discloser, Recipient must return all Confidential Information to the Discloser or certify to the Discloser that it has destroyed all
Confidential Information in its possession. Recipient may keep one copy of Confidential Information in its legal department for record keeping
or compliance obligations.
8. Indemnification
A. RealWear Indemnification. This is Partner’s exclusive remedy for any IP Claim. Nothing in this Agreement or elsewhere will require
RealWear to provide any greater indemnity.
(i) Indemnification. If a third party asserts a claim against Partner alleging that a Product infringes or misappropriates any patent,
copyright, or trade secret belonging to that third party (an "IP Claim"), and Partner gives RealWear prompt written notice of the details of the
IP Claim, then RealWear will defend Partner against the IP Claim and pay all damages that a court finally awards. RealWear may also, at
its option, a) obtain for Partner a license to continue to use the Product; b) replace the Product with a non-infringing equivalent; or c) refund
to Partner the amount it paid for the Product.
(ii) Limitations. RealWear will have no obligation for any IP Claim that arises in whole or in part from any: a) modification to the
Product not made by RealWear; b) combination of the Product with any other third-party hardware, software, or other product not provided
by RealWear or that is not certified by RealWear as an authorized Product; c) any Value Added or Additional Promise; or d) the failure of a
customer end user to timely install any RealWear Software update made available by RealWear. Except in the event of d) above, Partner
will indemnify and hold harmless RealWear from all costs, expenses and damages due to such resulting IP Claim.
(iii) Control of Defense. Partner agrees that RealWear will have sole control of the defense and Partner will, at RealWear’s cost,
provide RealWear with all reasonable assistance in the defense. However, Partner may object to RealWear’s election to control the defense
by notifying RealWear of such objection if Partner reasonably determines that the third-party claim may result in non-monetary damages
that may materially and adversely affect Partner. If Partner objects to RealWear’s election to assume the defense as outlined above, Partner
shall have the right to undertake the defense of such claim at the expense and for the account of RealWear. RealWear shall not, without
the prior written consent of Partner (which consent shall not be unreasonably withheld, delayed, or conditioned), consent to any admission
or the entry of any judgment with respect to the matter, or enter into any settlement which (a) imposes anything other than monetary damages
fully indemnified by RealWear, including the imposition of an injunction or other equitable relief upon Partner, (b) does not include an
unconditional provision whereby the plaintiff or claimant in the matter completely and unconditionally releases Partner from all liability with
respect to such matter, without prejudice, or (c) would result in the finding or admission of any violation of law.
B. Partner Indemnification. Partner agrees to indemnify RealWear against, and hold RealWear harmless from, any and all claims by
Partner’s customer or any third party, including all losses, damages, liabilities, deficiencies, debts, obligations, amounts paid in settlement
of third party claims, judgments, interest, penalties, fines, costs or expenses of whatever kind, including reasonable attorney fees and the
cost of enforcing any right to indemnification hereunder, related to any Value Added or Additional Promise, as Value Added and Additional
Promise are defined in Section 3.C. herein.