Draft Agreement For Appointment Of Distributor

(17) This Agreement is executed in duplicate. The original is kept by the principals and the duplicate of the distributor. 9. Products delivered by contracting authorities shall be the property of the contracting authorities and shall be entitled to take possession of such products at any time. The trader keeps records of the stocks he received, the goods he sold and which were in stock in godown and showroom. Contracting entities shall have the right to carry out, without prior notice, a stock check of the products of the undertaking which they deliver and in the event of a defect or defect. During the inventory check, the merchant pays the principals the list price for such a defect or default, less the deduction as a commission. g. Global Agreement.

This Agreement contains the entire agreement between the Parties with respect to the proposed transactions and supersedes all prior written and oral agreements as well as all concurrent oral agreements relating to such transactions. 12. In the event of a dispute between the distributor and a customer concerning the purchase of the undertaking`s products, the distributor shall immediately inform the contracting entities, which shall inform the trader of the appropriate measures to be taken in this regard. 15. On the expiry or earlier of this contract, the distributor shall immediately supply the contracting authorities with all stocks of unsold goods, all books of accounts and other documents of the principals and pay the contracting entities for the lack or absence of stocks at list prices, less the commissions granted to the trader. 2. The trader works conscientiously and in a commercial manner for the promotion and sale of the company`s products….