Drafting Distribution Agreement

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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 and will not violate any agreement in which it participates or to which it is bound by other means, and “during the term of this Agreement, the Distributor shall have the right to publicly demonstrate that it is an authorized distributor of the Manufacturer`s products. It is authorized by the manufacturer to promote the products within the territory under the trademarks, service marks and trade names of the manufacturer, which it may take over from time to time (“manufacturer`s marks”). Nothing in this regard grants the distributor any right, title or interest in the manufacturer`s trademarks. At no time during the term of this Agreement, or at any time thereafter, may Distributor contest or assist others in challenging or registering the Manufacturer`s Marks, or in attempting to register trademarks, service marks or trade names similar to those of the Manufacturer to be confused. The manufacturer releases the distributor for the use of trademarks.┬áIf a company makes a product, it must sell it to customers. Well, if the business is well established, it can sell directly and reach its customers, but sometimes the company doesn`t have the know-how to sell and market its product at the retail or wholesale level. In such a case, he will use a distributor who will have the experience and pillar of the target market. To this end, a legal agreement must be concluded with the distributor, which regulates their relationship and clearly defines the terms of their agreement and allows the distributor to sell and market the products. g. Global Agreement. This Agreement contains the entire agreement between the Parties with respect to the proposed transactions and supersedes all prior written and oral agreements as well as all concurrent oral agreements relating to such transactions.

In addition, it is worth mentioning precisely when the legal ownership and risk of the product is transferred to the other party. For example, the distribution agreement should state which party is responsible if something happens with the product during delivery. Depending on when the risk is taken into account, the party concerned should ensure that it has appropriate insurance to cover its possible liability.. . . .

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