Agreement Between Supplier And Distributor

Of course, this list is only a short selection of important contractual terms that you will find in an international distribution agreement. These agreements should always be tailored to the individual needs of each party. Some international distribution agreements contain exclusivity clauses. While not all of these agreements are exclusive, this is an issue that should be addressed in the treaty negotiations. one. Subject to the terms of this exclusive distribution agreement, the supplier designates the distributor and the distributor accepts such a designation and undertakes to act as the exclusive distributor of supplier products (defined below) in the following geographical area (the “territory”): e. The performance of this distribution agreement by the company and the performance of its obligations and obligations under this agreement are not contrary to an agreement in which it participates or is bound by other commitments, and an international distribution agreement is essentially a contract that establishes a framework for a commercial relationship between the world parties. In order to ensure efficient and efficient transactions, an international distribution agreement should be comprehensive. Look at strong agreements in your industry when developing a distribution agreement.

You may be able to find examples through a traders association for little or no cost. These can be good models that can serve as a basis for a comparison with the agreement you want to sign. Also, it`s important to have an agreement to sell lawyers before the final signing, but don`t just rely on them. d. Sub-agents. The distributor may designate sub-agents, negotiators, sub-representatives or others who act on behalf of the distributor or otherwise fulfill the distributor`s obligations under this agreement within the territory; provided that (i) any compensation for these sub-agents, sub-agents, sub-representatives or other persons, to act on behalf of the distributor or to discharge any other of the distributor`s obligations, is exclusively the responsibility of the distributor, and (ii) that appointment does not deprive the entity of the essential rights to which it is entitled under this Agreement. An agreement with this sub-agent, negotiator, deputy representative or any other person does not exceed the duration of this agreement. In the event of termination of this agreement for any reason, the following provisions apply: (a) the supplier has the right to immediately appoint another distributor to serve existing customers and to continue sales efforts in the territory; (b) the supplier may continue to fulfill the distributor`s orders that were accepted by the supplier prior to the termination of this contract pursuant to the terms of this agreement; (c) all balances owed by the distributor to the supplier are due immediately and must be paid to the supplier; (d) Both parties refrain at any time from any conduct that is inconsistent with the nature of their business relationship or that could cause confusion; (e) all rights granted to the distributor under this contract are extinguished and, if necessary, reset to the supplier; and (f) The supplier has the right, at its sole discretion, but is under no obligation (if required by law) to verify and repurchase all or quantity of the supplier`s products (including demonstration products and parts for the service of supplier products), which are then owned or ordered, to a lesser extent (i) of the initial price paid by the distributor for these supplier products. , or (ii) at the current price at the distributor and at (i) or (ii), net of any cost of filling or remediation.