A distributor agreement is an agreement between a supplier and a distributor which accords rights to the distributor to resell the supplier’s goods or services.
A well-drafted distributor agreement will pave the way for a harmonious business relationship between supplier and distributor, clearly stating both parties’ rights and duties under the agreement so they are aware of their entitlements and obligations as they work to mutually increase their profits.
What is Included in the Template for Distributor Agreement?
- Instructions on how you can use the template
- Definitions of terms
- Distributor and supplier responsibilities
- Pricing and payment terms
- Product rights
- Non-disclosure and non-compete clauses
- Basis of termination of agreement
The following two excerpts are taken from our distributor agreement template (which you can purchase at the link below):
3. DISTRIBUTOR RESPONSIBILITIES
2.1. Minimum purchase. The Distributor shall order and purchase a minimum of ____ Products from the Supplier in accordance with the Order Procedure under Annex <?>
4. SUPPLIER RESPONSIBILITIES
3.1. Supply. The Supplier shall supply the Distributor sufficient Products to enable the Distributor to meet the full demand for the Products in the Territory.
Need a template for a distributor agreement? You can get one here.
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For a guide to distributor agreements in Singapore, click here.
If you need help customising your distributor agreement, feel free to get in touch with one of our corporate lawyers.