Distributors and distributors play a key role in supply chains, so it is not surprising that positions have some similarities. Although the two agreements are legal documents that define the terms of the relationship between the different parties involved, their specificities differ in many respects. (8) The company does everything in its power to encourage the sale of the company`s products and, if the company votes on the basis of sales documents that the company does not properly fulfill its obligation as a distributor, the company is free to terminate that contract by providing it with one month in writing and after the notice period has expired. This contract is terminated and the parties settle their accounts within a week. 2. that the agreement originally remains in force for three years, starting from………… may, however, be extended for periods similar to the terms agreed by the parties and between the parties. A merchant agreement is a legal document that describes the contractual terms between a trader and a trader or seller. The details of a dealership contract usually include the purpose of the contract, the means of payment and the date of delivery.
The dealer contract may also include the expected obligations and responsibilities of the distributor, as well as the reasons why the contract may be terminated. Traders are sometimes called distributors. 11. that the company has the right to appoint negotiators, agents, sellers, etc., to the basis of salaries or commissions, but provided that they work strictly under the terms of this agreement. 8. That the company is doing everything in its power to encourage the sale of the business. If the company feels that the company is not interested in an appropriate way, it can terminate the distributor within one month. (2) that the company`s designation as a trader remains in effect for three years from the date of this agreement, but that this agreement may be renewed for the same period, under the conditions that can be settled between the parties on that date. The main difference between the two agreements is that of the parties involved. A dealer and a distributor participate in a dealer agreement, the production company and the distributor participate in a dealer agreement. The scope of the two agreements is also different. Traders are often assigned territorial rights that can extend over one or more states, while traders generally limit their exploitation to a local community.
To reach a distribution agreement, individuals may have to invest more than for a distribution company. Distributors also demand more cutting-right business and leadership qualities. 9. If the contract is terminated, the annual accounts are paid within 14 days. The company recovers all unsold inventory and pays the account. E. The company`s performance of this distribution agreement and the company`s performance of its obligations and obligations under this agreement is not contrary to an agreement in which it participates or is bound by other commitments, and 9. The company agrees and undertakes to deliver its products to the company in accordance with the company`s orders, and to the company that does not deliver the goods on company orders, it is free to terminate the contract by imposing one month in writing on the company, and at the end of the notice period, that agreement expires and the parties will close their accounts within the following week. The obligations of the recipient party under this section 6 remain in the event of termination or non-renewal of that contract for a period of [number of years] of years.