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1. Distributorship Grant of Rights
1.1) Marketing Rights. Subject to Clause 2 of this Agreement, Supplier hereby grants to Distributor the exclusive right to market the products in relation to the goodwell brands produced by supplier set out in Exhibit A attached hereto(“Products”), including the right to market the Products and appurtenances thereto, specifically including the right to market, sell, receive purchase orders, and bill invoices or otherwise dispose of the Products, which Distributor accepts.
l.2) Minimum Purchase Amount. In consideration of the exclusive right to market the Products granted by Supplier hereunder, Distributor agrees to purchase from Supplier
the minimum purchase amount of each of the Products as set out in Exhibit A attached
hereto ("Minimum Purchase Amount“) as agreed to and amended by the Parties from
time to time. If Distributor fails to achieve the Minimum Purchase Amount of any of
the Products for two consecutive three month periods, in addition to the right of
termination provided in clause ll.3 of this Agreement, Supplier may, once this
Agreement has been terminated, appoint another distributor for sale of the Products in the Territory.
l.3) Non-Compete Covenant. In consideration of the exclusive right to market the Products granted by Supplier hereunder, Distributor shall refrain from engaging in the marketing, distribution, or sale of any similar products that are competing with the
Products offered by Supplier unless the prior consent from Supplier.
- 7 年前最佳解答