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In a Distribution Agreement, the ownership of the products is transferred to the distributor. In a Distribution Agreement, the parties outline their expectations for the sale and distribution of the products as well as the general behavior and bounds of the relationship between them.Who are the parties in a supplier-distributor agreement?
The Supplier and the Distributor will be referred to collectively as the "Parties". WHEREAS, the Parties wish to enter into an Agreement wherein Supplier provides certain Products (further defined below) to Distributor for distribution;Can I modify my distribution agreement?
You will be able to modify it. A Distribution Agreement, also sometimes called a Distributor Agreement, is a document between two parties, a Supplier and a Distributor. The Supplier can be an individual or business and is the party that "supplies," or sells, the goods to the Distributor.What happens when a distributor's agreement is terminated?
Upon the Agreement's termination, the Supplier can repurchase or cause its successor to purchase the Distributor's existing inventory of Supplier's Products at the Distributor's laid-in cost, providing the Distributor has stored and maintained the Products in a saleable condition 20.