ContractReciprocal Reseller Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020<DOCUMENT> <TYPE>EX-99.18 <SEQUENCE>21 <FILENAME>g92898exv99w18.txt <DESCRIPTION>EX-99.18 RECIPROCAL RESELLER AGREEMENT <TEXT> <PAGE> EXHIBIT 99.18 [VERSO TECHNOLOGIES LOGO] RECIPROCAL RESELLER AGREEMENT THIS RECIPROCAL RESELLER AGREEMENT ("Agreement"), effective as of January ____, 2005 ("Effective Date"), is entered into by and between VERSO TECHNOLOGIES, INC., a Minnesota corporation ("Verso"), and NACT ACQUISITION, INC., a Delaware corporation ("NACT"). Whereas, Verso and NACT are parties to an Asset Purchase Agreement of even date herewith ("Asset Purchase Agreement") under which NACT is purchasing certain assets from Verso and/or Verso's affiliates; and Whereas, the Asset Purchase Agreement provides that NACT and Verso will enter into a an agreement whereby each party is authorized to resell certain products of the other party. Now, therefore, in consideration of the mutual promises contained in this Agreement, Verso and NACT agree as follows: 1. DEFINITIONS. 1.1 "DISTRIBUTOR" me