Distribution Agreement
The Distribution Agreement contains various essential terms and conditions governing the relationship between the Distributor and the party employing the Distributor (called the Principal) including
- Definitions and Interpretation used in the Distribution Agreement
- Appointment of the Distributor, whether the Distributor is to be a sole Distributor or one of many
- The length of time of the Distribution Agreement (in months)together with a right to extend the term if this is what you want (you need to specify the extended period, in months)
- The duties of the Distributor, including such matters as promoting the product/service, advertising, record keeping, reporting to the Principal
- a requirement on the Distributor to attend trade shows and conventions (how many is set by you
- The rights and duties of the Principal including providing the Distributor with samples and backup, replacing defective merchandise
- A comprehensive clause concerning how and who may end the Distribution Agreement and in what circumstances. We have a clause that details a minimum twelve sales figures (that you specify) that the Distributor is to meet, or a failure to meet gives the Principal the right to end the Agreement
- Confidentiality and non disclosure provisions
- Defaults of Distributor, Employees and Associates
- Disputes Concerning Monies Due or Payable
- Warranties and Undertakings
- A standard Force Majeure clause
- Dispute Resolution is to be by mediation
Please ensure that you read the terms of the agreement to make sure that you not only understand them, but also that they meet with your approval. The circumstances of every contract or negotiation are unique, so changes may have to be made.
If the terms and conditions contained in the agreement do not meet with your approval, they can be easily changed. All that you need do is contact us and arrange for one of our solicitors to make your changes.