Article IV. DUTIES OF PROFESSIONAL RESELLER
Section 4.01 Price and Terms of Sales. LightStim shall have the absolute right to establish the prices, charges, terms and conditions governing the sales of the Products as outlined on its Price Lists. Professional Reseller agrees to sell at Minimum Advertised Prices that are no less than the prices listed in the product description for each retail product on LightStim’s Professional website. LightStim shall have the right to change or modify its prices and to amend the prices indicated in the price lists from time to time in its sole discretion with thirty (30) days’ prior written notice to Retailer.
Section 4.08 Ecommerce. In order to protect the prestigious image of the LightStim luxury brand, and/or LightStim’s own online agreements, Professional Reseller agrees to not sell LightStim Products on the Internet, including online auction and/or discounting websites including, but not limited to, eBay.com, Amazon.com, Overstock.com, or any other website. ANY SELLING OF LIGHTSTIM PRODUCTS BY PROFESSIONAL RESELLER ON THE INTERNET DAMAGES THE GOODWILL OF COMPANY’S MARKS AND BRAND(S) AND CONSTITUTES A MATERIAL BREACH OF THIS AGREEMENT BY PROFESSIONAL RESELLER.