Also the distribution agreement defines the terms conditions that a distributor follows for selling provided by a supplier.
Free exclusive distribution agreement template uk. In this agreement the following terms shall have the following respective meanings. The product prices quoted are exclusive of any national state or local sales use. Use a distribution agreement template as a sample contract that will assure the signee purchases exclusively from the owner.
A distribution agreement is a legal agreement between a supplier of goods and a distributor of goods. B agrees to purchase property listed in the agreement from a alone and no other sellers during the term of the agreement. The act prohibits all agreements.
Naturally exclusive distribution agreements come with higher performance requirements for the distributors awarded and are more common within high tech and luxury product markets. The supplier hereby appoints the distributor as its exclusive non exclusive distributor for the term of this agreement for the sale and distribution of the products in and throughout the territory. We can utilize such templates in order to prepare a distributor agreement for our business or company.
B also agrees to purchase property in accordance with terms and conditions outlined in the agreement for the entire term. Uk competition law the competition act 1998 which came into force in march 2000 introduced a new regulatory regime within the united kingdom. Underlying an agency or distributorship agreement of any economic significance is likely to be in the area of competition law both uk and ec.
A distribution agreement should be in written form and must sign by both parties. The supplier may be a manufacturer or may itself be a distributor reselling another s goods. All sales by company shall be in accordance with the terms and conditions of this agreement.
The property listed below is offered by a throughout the terms of this agreement. Distribution agreements can fall foul of both uk and ec competition law and care should therefore be taken with their drafting. Distributor shall submit to customer via wire transfer the remaining balance upon receipt of the products at.
The distributor will maintain or cause to be maintained sales staff for the distribution of the products handled by the distributor. Upon customer s acceptance of any order distributor shall submit to customer via wire transfer at least percent total order of the total order price. Prices and terms 5 1.
Agreement prior to the foregoing expiration date this agreement shall continue in full force and effect for one or more successive one 1 year renewal periods. A agreement means this exclusive distribution agreement and exhibit a and exhibit b hereto.