VentureTech Network™ Program Requirements Sample Clauses

VentureTech Network™ Program Requirements. (a) Access Code, ▇▇▇▇▇▇ Micro will issue to Resellers a confidential access code to the VentureTech Network™ web site. ▇▇▇▇▇▇ Micro may change this access code quarterly and will notify Reseller of such change or ▇▇▇▇▇▇ Micro may change the access code upon request by Reseller. Reseller assumes full responsibility for monitoring and restrict- ing the use of its access code user identification numbers, and other security measures subject to control by Reseller. ▇▇▇▇▇▇ Micro will have no obligation to confirm the validity of any access code or the authority of the person using the access code in this manner. Reseller will disclose the access code only to its personnel with a need to know. (b) Primary Supplier, Reseller agrees to name ▇▇▇▇▇▇ Micro as its primary supplier and its annual Product purchases from ▇▇▇▇▇▇ Micro must be at least sixty-five per cent (65%) of its total Product purchased through wholesale distribution and/or aggregation, provided Products are available within a reasonable period of time and at a competitive price. This volume commitment is based on information provided by Reseller in its original application and may be mutually reviewed and adjusted quarterly. If Product purchases fall below sixty-five per cent (65%) for a period of three (3) consecutive months, ▇▇▇▇▇▇ Micro may, at its option and upon notice, terminate Resellers membership in the VentureTech Network™ Program. Reseller must currently possess or have the potential to obtain within a reasonable amount of time the target marketshare of the available small and medium business in its geographic area. ▇▇▇▇▇▇ Micro will use a third party to assess the marketshare potential of geographic areas and Ingram will set the marketshare expectations for the Reseller. (c) Reseller is required to maintain a minimum number of authorizations and certifications and participate in quarterly VentureTech Network™ Program profiles as further defined in the Channel Program Guide.