3. In addition, both companies must also be confident that their product lines are truly complementary, that their marketing styles are similar and that each company is committed to fulfilling the agreed joint marketing missions. First Party and Second Party separately market products and/or services often used for complementary or related purposes. The parties intend to cooperate in the marketing of their products in their mutual interest. The waiving or non-exercise by either party of a right under this agreement is not considered to be a waiver of another right or remedy to which the party may be entitled. This joint marketing agreement (“agreement”) is May 11, 2009 (“Effective Date”) at NationalCreditReport.com, L.L.C. (“NCRC”), with headquarters in 1690 South Congress Ave, Suite 200 Delray Beach, FL 33445 and First Advantage Membership Services, Inc. (“FAMS”) with headquarters in 12395 First American Way, Poway, CA 92064. Given the reciprocal agreements between the parties and the benefits that each expects under this agreement, the parties agree on the following advertisement.
The parties choose an advertising agency and jointly bear the costs of preparing all advertisements resulting from that relationship. The parties share equally the costs associated with these activities. Each party may choose to use unrestricted material obtained and approved or in the media of its choice, provided that this party bears all costs related to media placement and specific production. Additional joint announcements may be created after the additional agreement of the parties. This co-marketing agreement is a contract that defines how two companies exchange materials, tools and training to market each other`s products or services. Under this agreement, marketing partners can organize joint marketing events or perform promotions or joint sales. In return for assistance, each marketing partner is entitled to a percentage of the total revenue it generates directly with the products or services of the other marketing partner, in addition to a percentage of all sales made with the product or service provider resulting from joint marketing efforts. A co-marketing agreement can help a company reduce advertising costs, as marketing partners collectively share the costs of all marketing promotions or events. This agreement allows both companies to define the payment rules, the marketing field, of how disputes are handled under other fundamental conditions of the service contract. Other names for this document: Joint Marketing Agreement, Cooperative Marketing Agreement During this Agreement and for a period of `after, any party will not engage in any marketing, promotion, advertising or sales effort, with regard to a product that is competitive with the other party`s product range, or with respect to a company that markets, promotes or sells a product in competition with the other party.
Nothing that is shown here prevents any party from carrying out an activity that favours a product or other entity that does not compete with the other party or its products. This joint marketing agreement (the “agreement”) is herely by and between Pharmacy Management Strategies, LLC (“PMS”), a limited liability company, with an office at [ENTER PMS`s OFFICE ADDRESS] and Single Touch Interactive Inc., a Nevada-based company with an office at Newport Corporate Center, 100 Town Square, Jersey City, NJ, 07310 (the “STI”) (PMS and ITS are sometimes collectively referred to as “parties” or “party” as of March 14, 2012 (effective date).