This agreement confers an advantage on the distributor by ensuring that there are no competitors in the indicated market. The supplier will often use this type of agreement as an argument to conclude a transaction. one. Subject to the terms of this Exclusive Distribution Agreement, supplier appoints distributor and distributor accepts such appointment and agrees to act as sole distributor of supplier products (defined below) in the geographic area defined as follows (the “Zone”): this is an agreement ensuring that only one distributor for a region, a specific market, product or other activity has exclusive rights to market that product in that market. (d) reservations of rights on the part of the supplier. Supplier reserves the right to take the following steps at any time if [insert number in words] ([insert number]) calendar days prior to written notification to Reseller without liability: (i) add or remove products to Annex B, (ii) change or update the design of the products or part of the products and (iii) sell exclusively on a direct or indirect basis to certain types of customers or accounts. on the territory. (a) ownership. Distributor acknowledges the exclusive ownership of the supplier of the Marks and does not acquire any right, title or interest in or in the Marks in this Agreement. Any goodwill related to brands will benefit the supplier exclusively.
During the lifetime, the distributor may not attempt to register trademarks or trademarks, service marks, logos, brand names, trade names, domain names and/or slogans similar to the marks to be confused. Distributor executes such materials and undertakes all acts and things necessary at Supplier`s reasonable discretion to determine Supplier`s ownership of all rights in and to the Marks at Supplier`s expense. (a) expiry period. Upon termination or expiration of this Agreement, distributor has the right to sell its remaining inventory of products and spare parts on a non-exclusive basis as long as such inventory exists; provided, however, that the distributor complies with all the conditions of this Agreement, including those that limit the distributor`s activities. The distributor`s rights referred to in this Article 10 (a) shall be expressly subject to the possibility for the Supplier to repurchase the distributor`s inventory of products and spare parts in accordance with Article 10(b) of this Agreement. CONSIDERING that the supplier wishes to make these products available to the distributor exclusively for distribution in these countries; This Agreement shall be governed by and construed in accordance with the laws of [insert name of country] without the rules of voting rights or conflict of laws taking effect. The parties agree with the [exclusive” or “non-exclusive” jurisdiction and jurisdiction before the courts of [insert name of courts] in the city [insert name of city]. The provisions on cooperation between a supplier and a distributor are contained in an agreement and the EDA is an example of such an agreement.
Guide to Exclusive Distribution AgreementsThe exclusive distribution agreement consists of a number of clauses. The most complicated ones are explained here. A distribution agreement generally consists of two parts: this agreement is in all respects governed by the laws of the State, United States, which apply without reference to conflict of laws rules that otherwise may apply to other laws. . . .