Dealership Agreement In Tamil
In order to allow for a larger sale of the products, it is important that the distributor be able to carry out marketing activities in which the manufacturer can be represented as a bona foi representative. This can be mentioned in the agreement. A significant percentage of distributors enjoy exclusive or monopoly rights at each defined geographical boundary. In an exclusive agreement, only the authorized distributor may sell the manufacturer`s products in the indicated region/region. In a non-exclusive agreement, the manufacturer reserves the right to sell to other distributors. The distribution partnership is usually granted for a number of years. However, it may be renewed annually or after a certain number of months in order to protect the interests of the parties. This can avoid litigation, only in the event that a party is not satisfied with the operation of the agreement. The distribution contract contains the agreement between the manufacturer and the distributor as well as the conditions of the distribution. issues such as remuneration to be paid, insurance; Transport and associated risk, duration of the distribution partnership, legal affairs: all are mentioned in a distribution contract. (11) The company is free and entitled to appoint negotiators, sellers, commissionaires or other sales agents on a wage, commission or other basis, but provided that they work in accordance with the provisions of this Agreement and that they do not do anything that harms the interests of the company or the company and the collective interests of both parties. Agreement: the distributor contract is signed between the distributor and the distributor. But while the distribution contract is signed between the distributor and the manufacturer.
The circumstances in which the agreement may be terminated should be detailed. Both parties must have options to cancel the agreement if they are not satisfied with the other party`s outcome or performance. 8. That the company does everything in its power to promote the sale of the company. If the company considers that the company does not have an appropriate interest, it can terminate the concessionaire with a period of one month. 9. The company accepts and undertakes to deliver its products to the company in accordance with the company`s orders and, if it does not supply the goods on behalf of the company, it is free to terminate the contract by setting the company a period of one month in writing and after the expiry of the notice period. this Agreement shall be terminated and the Parties shall settle their accounts within one week of 2. That the appointment of the company to the position of merchant remains in force for three years from the date of this agreement, but this agreement may be extended for the same period on the terms and conditions that may be agreed between the parties on that date.
(2) That the Agreement remain in force originally for three years, which shall be from ………. may, however, be extended for periods similar to the conditions which may be agreed by and between the parties. . . .
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