This clause provides that, notwithstanding the assignment, the original distributor remains bound by the terms of a confidentiality clause contained in the original agreement. It is possible that the client wants other clauses of the original agreement to remain binding on the original distributor – z.B a clause limiting competition – in which case they should also be mentioned here. A distribution agreement is used when one party agrees to resell another party`s products, but does so as a client. That is, they buy and take ownership of the products and take all the risk of reselling the products. E. The company`s performance of this distribution contract and the company`s performance of its obligations and obligations under this contract do not contra in an agreement to which the company is a party or to which it is bound by other undertakings, and this agreement and the exposure added to it (including expressly in this reference) contain the full and comprehensive agreement between the parties with respect to the purpose of this agreement. It replaces all previous negotiations, submissions and proposals, in writing or any other means, relating to its purpose. Changes, amendments or amendments to this agreement must be established by a text signed by the authorized representatives of both parties. The distributor recognizes and accepts that any failure of the supplier to impose at any time or for a certain period of time is not considered or interpreted as a waiver of these provisions or as the supplier`s right to apply each of these provisions. This agreement can be concluded in several counter-pieces, each being considered original.
The provisions of this contract, which are not fully met by the express terms of this agreement for the duration of the agreement, remain beyond the termination of that agreement, to the extent that this is applicable. The parties are bound by the dispute settlement clause in the distribution agreement. The parties agree to settle all disputes in accordance with English law. If the distribution contract is subject to another regulation, this should be changed. c. Products. The products manufactured by the company and sold to the distributor are: this is a formal registration of the distribution activity, which will be transferred to a new distributor. It was designed to ensure business continuity without interruption. It is very short and does not address any of the complexities that can arise in certain situations.
Once your startup is ready to market its product, you need to determine how the product reaches your target customer. You can choose to sell directly or build distribution channels. Unless reported earlier, as stipulated in this agreement, the duration of the agreement begins from the effective date and automatically expires at the end [the number of years] years after the effective date. Any party may terminate this agreement as follows: (a) immediately after [number of days prior to announcement] days following the prior announcement, with or without reason; (b) in the event of an infringement or non-compliance with this agreement by the other party who has not been cured within [numbers of days after delivery] days following the notification to the party that was allegedly contrary to the party and which indicates in a particular way the condition, act, omission or conduct relied upon as such violation or defect; (c) immediately after dissolution, insolvency or bankruptcy or transfer to creditors by the other party or when the other party suspends its activities in an ordinary or normal course; (d) without delay, if required by law or by a rule, regulation, order, regulation, judgment, judgment or other state act of a government authority; or (e) immediately by the supplier if the supplier reasonably suspects that the distributor has violated any of its obligations to protect the supplier`s ownership rights.