A distribution company can be of international importance. The largest electronics and computer distributors, including Arrow Electronics, Avnet, Ingram Micro and Tech Data, operate subsidiaries in a number of countries for wide geographic coverage. A distributor is a type of company that acquires the rights to sell a product manufactured by a company, but does not have the right to use the name of that company. This means that the distributor cannot rename their company with the name of the company or the products they sell. A distributor is like an intermediary between a manufacturing company and a reseller. A distributor sells to several or more resellers, depending on the contract. g. Entire Agreement. This Agreement contains the entire agreement of the parties with respect to the transactions contemplated herein and supersedes all prior written and oral agreements and all concurrent oral agreements with respect to such transactions. c.
Disputes. The parties will endeavor to resolve any dispute, controversy or claim arising out of or in connection with this Agreement, including, but not limited to, disputes relating to the applicability of any provision, by negotiation in good faith between them within [days of notification of the dispute] days after notification of a notice of the dispute or within a longer period, which may be agreed between the parties. If the parties are unable to resolve the dispute within this period and one or both parties, one or both parties, wish to pursue the dispute, the complaining party must submit the dispute to binding arbitration in accordance with the rules and regulations of the American Arbitration Association. The parties share equally the costs of resolving such a dispute. The arbitrator(s) shall not have the right to award punitive or other damages beyond damages, and both parties irrevocably waive the right to such damages. The arbitral award of the arbitrator(s) may be rendered by any court having jurisdiction to hear the dispute. In the event that the parties cannot agree on an arbitrator within [several days], each party shall appoint an arbitrator and such two arbitrators shall elect a third arbitrator, such third arbitrator acting as the sole arbitrator of the dispute. e. The Company`s performance of this Distribution Agreement and the performance of its obligations and obligations under this Agreement does not violate any agreement to which the Company is a party or to which it is otherwise bound, and one of the most important details to be addressed in a distribution agreement is the geographical area in which the Distributor is authorized to sell the Manufacturer`s Goods.
Once the range is specified, all exclusive rights must be highlighted. A dealer agreement generally sets out the terms and conditions of sale of products purchased from the dealer, the dealer`s intended duties and responsibilities, and the circumstances in which the contract may be terminated. A merchant contract may also specify the merchant`s means of payment, the date of delivery and the extent of territorial rights. g. The recipient party`s obligations under this Section 6 shall survive the termination or non-renewal of this Agreement for a period of [number of years] years. For the avoidance of doubt, it is emphasized that the customer and sub-distribution lists of the business partner are considered protected information within the meaning of this contract. e. Relations between the parties.
The Distributor is an independent contractor and is not considered an employee, legal representative, distributor, general agent, joint venturer or partner of the Company for any purpose. Distributor acknowledges that the Company has not given it any authority to make changes to the Company`s Terms of Sale, to provide warranties beyond those provided by the Company, or to limit its liabilities or remedies unless the Company limits its responsibilities and remedies, signs offers, enters into commitments (express or implied) or generally enters into contracts on behalf of the Company or binds the Company in a transaction with customers, government agencies or third parties. .