Letter Of Intent Exclusive Distribution Agreement

The distributor sets the selling price and royalties to which supplier products are sold or conceded in the country. The distributor is solely responsible for the costs associated with the distribution of supplier products, including distribution fees, import duties, all bank fees, shipping and processing fees, installation or other operating costs, borrowing charges, transfer fees and other payment and tax charges, but which are determined, except that the distributor is not responsible for taxes based on the supplier`s revenues. A Letter of Intent (LOI) is a short non-binding contract that precedes a binding agreement, such as. B a share purchase agreement or an asset sale agreement (DPA), which records the terms and conditions between two companies that enter into a merger, acquisition, divestment, joint venture or form of strategic alliance. It is a binding treaty for both parties). However, some provisions are binding, such as secrecy, exclusivity and existing legislation. Based on our preliminary review of the information provided and subject to the conditions below, OUR NAME is pleased to submit this non-binding letter of intent (the “proposal”) for a transaction with TARGET NAME. We propose to buy 100% of EquityHolders EquityHolders EquityHolders Equity (aka Shareholders Equity) is an account in the balance sheet of a company consisting of equity plus company, including all assets and liabilities, so that NAME NAME always has a significant risk for future upward trends. The order from the distributor`s supplier to Section 1 of this agreement is an exclusive date for the distribution of products in the territory. The supplier is not authorized to promote, recruit and sell supplier products independently, to support supplier products or to designate additional distributors for supplier products in the territory.

The distributor is not authorized to print, mail or otherwise use headers, business cards, literature, signage or other insurance on behalf of the supplier (or one of its related companies) or to make commitments on behalf of the supplier (or one of its related companies) without the express written permission of the supplier. The distributor expressly accepts that this agreement does not grant a licence for the use of suppliers (or any of the brands, trade names, service marks or logos (together the “supplier brands”). However, the distributor may indicate in its advertising and marketing materials that it is a distributor of supplier products and that it uses, if necessary, the supplier brands in its sales/marketing efforts. At the supplier`s request, the distributor will place references to trademarks, copyrights and related patents in its advertisements, advertising brochures and other marketing materials for supplier products. The supplier reserves the right to verify the distributor`s marketing and sales materials before they are published or used. As a result of this use or reference, the distributor will not be entitled to any rights and all of these rights, including value, will be conferred on the supplier and transferred to the supplier.

222 Total Views 1 Views Today


Responses are currently closed, but you can post a trackback from your own site.