CONSIDERING, distributor is in the job of and wants to distribute certain supplier products in ; Sponsors are visible in all areas of the event in the form of logos and products such as food. Whether you`re the sponsor or promoter, you`ll learn how to prepare a sponsorship contract so that your business is properly protected. 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. CONSIDERING, the supplier is in development, manufacturing and sales worldwide ; CONSIDERING that the supplier wishes to make these products available to the distributor for distribution in these countries on an exclusive basis; To protect your business, it`s a good idea to know about these common and important agreements. The distributor will make appropriate commercial efforts to purchase and sell, in each calendar year, at least the dollar value of the supplier products listed in this section (the annual target). If the distributor does not purchase and sell the annual target in a given calendar year, the supplier may terminate the contract with immediate effect to the distributor (but the supplier cannot require the distributor to purchase or sell additional supplier products to reach the annual target amount). None of the parties is responsible for respecting this agreement because of an act of God, a labour dispute, unavailability of transportation, goods or services, restrictions or administrative acts, war (declared or undeclared) or other hostilities or other cause, condition or cause that is not foreseeable on the date of entry into force and does not comply with the party`s adequate protection. , so difficult or so expensive that it is not economically viable.

It is expressly agreed that any failure by the United States government to issue a necessary licence to export a supplier product ordered by the distributor constitutes a force majeure event. In the event of non-performance or delay in performance due to such causes, the implementation period of the current commitment of this agreement is extended by a period corresponding to the delay period. However, the late party is doing its best, with no obligation to spend substantial sums that are not otherwise necessary under this agreement, to eliminate or overcome the cause of the delay. If the benefit of one party is delayed by more than 6 months, the other party has the right to terminate that contract without being held responsible for such termination if the reason for the delay persists.