Minimum Advertised Pricing Policy
As a valued distributor of ONYX Systems, LLC (“ONYX”), we appreciate your partnership in delivering our products to customers effectively. To maintain a fair and competitive marketplace for all parties involved, we have established this Minimum Advertised Pricing (MAP) Policy. This policy is designed to ensure that our products are promoted and sold in a manner that preserves their value and upholds the reputation of the ONYX brand.
Minimum Advertised Price (MAP): All distributors are required to adhere to the minimum advertised prices (MAP) set by ONYX. The current MAP prices are detailed in the ONYX Distributor Price List, which will be provided to you upon request or as part of our regular communications.
Distributors are expected to advertise ONYX products at or above the specified MAP prices. This includes, but is not limited to, print and online advertisements, website listings, email promotions, social media campaigns, and any other forms of public advertising.
Exceptions: Occasionally, ONYX may authorize temporary promotions or special events during which distributors may offer products below the MAP prices with prior written consent. Such exceptions will be communicated directly by ONYX.
Consequences of Non-Compliance: Failure to comply with this MAP policy may result in the following actions:
First Violation: A written warning notifying the distributor of the non-compliance.
Second Violation: Temporary suspension of distributor status for 30 days.
Third Violation: Termination of distributor status, resulting in future purchase orders not being filled.
Communication and Enforcement:
ONYX is committed to fair and consistent enforcement of this MAP policy. Our MAP policy administrator will monitor and investigate potential violations. Distributors are encouraged to report violations of this policy by other distributors. However, ONYX will maintain confidentiality and will not disclose the source of such reports without consent.
By continuing to purchase and distribute ONYX products, you acknowledge that you have read, understood, and agreed to comply with this MAP policy. Failure to adhere to this policy may result in the consequences outlined above.
Policy Review:ONYX Systems, LLC reserves the right to update, modify, or terminate this MAP policy at any time.
Revision Date: September 12th, 2023