By signing this Agreement, [Client.Company] and [Sender.Company] agree to be legally binding in this Agreement and the relationship necessary for both to provide the services specific to these Terms. Product prices can be added to a schedule specified in a document attached to the printed agreement. In addition, the persons of the distributor who are entitled to such confidential information (including, but not limited to, trademarks, intellectual property rights, etc.) – distributors, employees of the distributor, independent contractors and other representatives – are prohibited by law from using such information or other information of the supplier to reverse engineer the supplier`s products for themselves or for third parties. By signing, Distributor acknowledges the legal responsibility to maintain accurate and impeccable records of all activities to the extent reasonably necessary to ensure compliance with the terms of this Agreement, including, but not limited to, accounting records, government filings, inventory, customer sales records, etc. 15. Supplier or Distributor must notify its intention to terminate the Agreement in writing at least [number] months prior to a termination date in order to terminate the Agreement without penalty. All of our distribution contract templates include a report clause, although the version in the premium templates is a bit more detailed. Exclusive and non-exclusive agreements come in two versions: Standard and Premium. If you need a detailed document, you should consider our premium distribution agreements. In addition to the terms and conditions contained in the standard documents, Premium documents contain optional terms that cover: a trademark license, confidentiality obligations, forecasts, after-sales support, intellectual property infringement, confidentiality, advertising and non-solicitation. Both parties agree by signing to comply with the full terms of this Agreement until its natural expiration or termination of this Agreement for the above reasons or force majeure previously contained in the Distribution Agreement.
This distribution agreement can be used if both parties are domiciled outside the UK but wish to agree on a stable jurisdiction. Each distribution agreement has a number of built-in clauses, but some are more important than others. Some of them included. Both parties are subject to termination of this Agreement: The terms of this Distribution Agreement between [Customer.Company] and [Sender.Company] will be effective on the effective date and will be legally accepted for the period agreed in the previous section of this Agreement, provided that force majeure does not affect the legality of this Agreement. Need a more impressive proposal? This independent graphic design template will help you impress potential customers and attract more business. Reasons to buy: A comprehensive distribution agreement is essential to ensure a well-managed distribution network that creates continuous sales and profits for both parties. One. is declared insolvent or makes a voluntary application for insolvency or otherwise enters into a compromise or agreement in favour of creditors. Does not meet at least [percentage] per cent of the mutually agreed sales performance targets set out and set out in part of the attached document. Fails to maintain a good reputation in all federal and state licenses and permits required to conduct its business. Changes or is affected by a change in majority ownership in its business On a daily basis, distribution agreements are regularly used by manufacturers and distributors to eliminate uncertainties in business activities and to ensure that procurement is made when needed. As a legally valid contract between two or more parties, distribution agreements act as a form of protection for the future by allowing one party to sue the other if it does not comply with the policies and outcomes agreed in the previously signed distribution agreement.
In addition to the sections above, there are a few important points that should be included in a distribution agreement. They are so important that they make a distribution agreement what it really is. If you use a sample existing distribution agreement, you will easily notice it in the text. We highlight some of them below. Add proof of your work and customer references to our photo suggestion template to convince and shut down returning customers and events. The model can be used regardless of whether you designate the distributor on an “exclusive” or “unique” or “non-exclusive” basis. The footnotes explain how to modify the document to cover the desired option. In short, you must specify in recital A, clause 2.1 and clause 2.3 the option you need, then you must specify the entire clause 2.3 to make the nomination “exclusive”, or delete all clause 2.3 to make it “non-exclusive”, or clause 2.3 entire except subsection 2.3.3 to make it “exclusive”. This agreement allows either an exclusive distribution agreement (exclusive distribution agreement) or a non-exclusive distribution agreement. Licensee is prohibited from delivering the Products to the Reserved Territories (defined as “all countries, territories and territories other than the Territory, which are countries, territories and territories for which supplier may from time to time designate another exclusive distributor, as well as countries and territories reserved by Supplier”). You will need an exclusive distribution agreement if the agreement you wish to document is territorial exclusive (i.e.
the distributor is the only person authorized to distribute the products in the territory). You must use one of the non-exclusive distribution agreement templates if a non-exclusive territory has been rubbed by the supplier (i.e. there may be multiple distributors covering the same territory). Exclusive distribution agreements must contain minimum performance obligations; non-exclusive distribution agreements do not. .