Sole Distribution Agreement Template

In the event of termination of this agreement for any reason, the following provisions apply: (a) the supplier has the right to immediately appoint another distributor to serve existing customers and to continue sales efforts in the territory; (b) the supplier may continue to fulfill the distributor`s orders that were accepted by the supplier prior to the termination of this contract pursuant to the terms of this agreement; (c) all balances owed by the distributor to the supplier are due immediately and must be paid to the supplier; (d) Both parties refrain at any time from any conduct that is inconsistent with the nature of their business relationship or that could cause confusion; (e) all rights granted to the distributor under this contract are extinguished and, if necessary, reset to the supplier; and (f) The supplier has the right, at its sole discretion, but is under no obligation (if required by law) to verify and repurchase all or quantity of the supplier`s products (including demonstration products and parts for the service of supplier products), which are then owned or ordered, to a lesser extent (i) of the initial price paid by the distributor for these supplier products. , or (ii) at the current price at the distributor and at (i) or (ii), net of any cost of filling or remediation. The supplier undertakes to make such descriptive literature, promotional materials, technical manuals and promotional materials on the supplier`s products available to the distributor (by e-mail in pdf format), as the supplier may be available from time to time for such uses. The trader has the right to translate these materials into the languages of the territory at his own expense. The supplier reserves ownership of all property rights, including the intellectual property rights of the translated versions of the documents. The distributor is solely responsible for the accuracy of the translations and provides the supplier with a copy of each translated work. The distributor will review the materials immediately (at the distributor`s expense) after notification from the supplier.