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Agreement of the Parties Appointment, Acceptance Scope. a. Orders, Price, Terms of Sale Payment. a. Representations. Responsibilities of Distributor. Responsibilities of Company. Confidential Proprietary Information. Duration Termination. Right of Parties at Termination.

Distributor agreements should include similar key provisions to an agency agreement, such as the term of the agreement, price, territory, and termination.

The following is a checklist of factors to be considered when drafting a distribution contract: terms and conditions of sale; term for which the contract is in effect; marketing rights; trademark licensing; geographical territory covered by the agreement; performance; reporting; and.

What are Limited Risk Distributors? A Limited-Risk Distributor (LRD) is an entity that buys goods and markets them to customers. The arrangement between the distributor and principal docHubly limits LRD risks. Risks relating to inventory and debtors will be effectively controlled and covered by the principal.

To secure regular supplies in the territory, if both the parties agree, the seller shall provide all parts of the product to assemble the product in the territory. If the Seller wish to establish its manufacturing unit in the territory, the Distributor shall be given preference to establish such unit.