Effective January 1, 2021 with automatic yearly renewal, a Minimum Advertised Price (MAP) on all U-tec products will be in effect.
U-tec manufactures and distributes Ultraloq whole-home smart lock system. (“Products”). U-tec products comply with strict demands to quality, safety, and documentation and are the result of a significant investment by U-tec in research and development to ensure its products are of the highest quality and comply with regulatory requirements.
U-tec has been building a brand of strong recognition and a high perceived value. By not adhering to the established Minimum Advertised Price (MAP) a reseller can have a dramatic effect of diminishing or detracting from the perceived value of Ultraloq brand and its products. The internet, with its worldwide impact, has the possibility to cause great harm to any companies’ products, if they are advertised at prices that will eliminate any legitimate retail competition. Our MAP pricing policy is intended for consumers to purchase from other resellers based on loyalty and customer care expectations. Therefore, if U-tec agrees to allow your company to sell its products, you will need to agree and abide by the following requirements and restrictions.
The MAP policy shall work under the following guidelines:
|Ultraloq Smart Deadbolt|
|Model # U-BOLT-PRO||Color Black with Satin Nickel||MAP $179.00||UPC 850770008320|
|Model # U-BOLT-PRO-UB01||Color Black with Satin Nickel||MAP $199.00||UPC 850770008382|
|Model # U-BOLT-SN||Color Satin Nickel||MAP $99.00||UPC 850770008221|
|Model # U-BOLT-BK||Color Black||MAP $99.00||UPC 850770008351|
|Model # U-BOLT-SN-UB01||Color Satin Nickel||MAP $129.00||UPC 850770008337|
|Model # U-BOLT-BK-UB01||Color Black||MAP $129.00||UPC 850770008344|
|Ultraloq Two Point Smart Deadbolt|
|Model # COMBO-SN||Color Satin Nickel||MAP $349.00||UPC 850770008238|
|Model # COMBO-BK||Color Black||MAP $349.00||UPC 850770008245|
|Model # COMBO-SN-UB01||Color Satin Nickel||MAP $379.00||UPC 850770008252|
|Model # COMBO-BK-UB01||Color Black||MAP $379.00||UPC 850770008269|
|Ultraloq Smart Lever|
|Black with Satin NickelBlack with Satin NickelBlack with Satin Nickel||$179.00||850770008672|
|Black with Satin NickelBlack with Satin Nickel||$199.00||850770008450|
|Color Satin Nickel||MAP $179.00||850770008580|
|UL3-BT-2NDGEN-SN-UB01UL3-BT-SN-2NDGENUL3-BT-SN-2NDGENUL3-BT-SN-2NDGENUL3-BT-SN-2NDGEN||Satin NickelSatin Nickel||MAP $199.00||850770008535|
|Model # UL1-SN||Color Satin Nickel||MAP $249.00||UPC 850770008061|
|Model # UL1-BK||Color Aged Bronze||MAP $249.00||UPC 850770008085|
|Model # UL1-SN-UB01||Color Satin Nickel||MAP $279.00||UPC 850770008153|
|Model # UL1-BK-UB01||Color Black||MAP $279.00||UPC 850770008146|
|Ultraloq Multi-Point Smart Lock|
|Model # UL300-BK-UB01||Color Black||MAP $499.00||UPC 850770008399|
|Model # BRIDGE-UB01||Color White||MAP $49.00||UPC 850770008078|
|Model # AUTOBOLT-SN||Color Satin Nickel||MAP $99.00||UPC 850770008108|
|Model # AUTOBOLT-BK||Color Black||MAP $99.00||UPC 850770008160|
U-tec reserves the right at any time to modify, suspend, or discontinue the MAP policy in whole or in part or designate promotional periods during which the terms of the policy change or designate periods of time during which the policy is not applicable. Policy modifications are at the sole discretion of U-tec.
This MAP policy has been established by U-tec to help ensure the legacy of U-tec as a top producer of Ultraloq whole home smart lock system and to protect the reputation of its name and products. The MAP policy is also designed to ensure dealers and sales representatives have the incentive to invest resources into services for U-tec customers. Please indicate your understanding of this policy and your willingness to abide by its terms and conditions by completing and submitting the form below.
Agreed to by: