An agreement with an independent distributor who buys goods from the merchant or manufacturer and re-sells on his own account.
About this document
This document is suitable for a person or company arranging terms for a distributor of products or services in India or abroad.
Whether you are a merchant or a distributor, the arrangements you make are one of the few areas comparatively free of regulation. You can make the deal you want. This agreement has been drawn to provide an armoury of ideas. You can be tough or tender.
A badly set up distribution agreement provides enormous scope for misunderstanding and financial loss. This is particularly so for the merchant, who may have to wait a considerable time for payment. The use of an agreement like this one will prompt careful thought and discussion and enable you to fashion a profitable arrangement.
Application
and features
Comprehensive provisions to comply with Company law regulations;
Suitable for sale of goods or adaptable for services;
Ready for adaptation to particular needs of either or both parties;
Real law in plain and simple user friendly language;
Complete with explanatory notes for best use.
Contents
Merchant’s comprehensive conditions of supply;
Restrictions on merchant sales outside the agreement;
Minimum sale requirements;
Restrictions on distributor selling competitive products;
Distributor’s marketing obligations;
Sales and other reports and information exchange;
Payment terms;
Passing of risk and title;
Termination and what happens afterwards;
Mutual preservation of confidentiality;
Protection of merchant’s intellectual property used by the distributor;
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.
