(a) liquidation period. At the expiry or expiry of this agreement, the distributor has the right to sell the rest of its products and spare parts on a non-exclusive basis, provided such an inventory is available; However, provided that the distributor complies with all the conditions set out in this Agreement, including those that limit the distributor`s activities. The distributor`s rights under this section 10, point a), are expressly subject to the supplier`s ability to repurchase the distributor`s inventory of products and spare parts in accordance with Section 10, point b. The agreement gives the distributor an advantage to ensure that there are no competitors in the indicated market. The supplier will often use this type of agreement as an argument in favour of an agreement. CONSIDERING that the supplier wishes to make these products available to the distributor for distribution in these countries on an exclusive basis; The provisions on cooperation between a supplier and a distributor are included in an agreement and the EDA is an example of this agreement. Guide to Exclusive Distribution Agreements The exclusivity agreement consists of a number of clauses. The most complicated are explained here. A distribution agreement usually consists of two parts: (a) non-disclosure and non-use obligations. Unless pre-derogation, in writing by the unveiling party or to the extent expressly authorized by this agreement, the receiving party, unless prescribed by law or by law, will not be used or disclosed to third parties for the duration and duration of a period of [insert number in words] ([insert number]) of subsequent years. The receptive party may not disclose confidential information to the party who has disclosed it only to its staff members or contractors who are required to know this information.
In addition, before disclosing this confidential information to such an employee or contractor, this staff member or contractor is informed of the confidentiality of the confidential information and establishes or is already bound by a confidentiality agreement with conditions that are in accordance with the terms set out in this agreement. In all cases, the receiving party is liable for any violation of the terms of this contract by any of its employees or contractors. The receiving party uses the same care to avoid disclosing the confidential information of the party that has published the information that the receiving party uses for its own confidential information of similar importance, but no less than an appropriate degree of care. 2 b) — Restrictions on Distributor`s activities The opposite of granting a right to market your products within a given geographic area prevents the distributor from actively seeking customers outside such an area. You may have designated other distributors in other geographic areas and all distributors expect to have «their» geographic area. Competition Protection Clause Under this section, you must decide whether your distributor must accept a competition protection clause that requires the distributor not to be allowed to manufacture, market or sell competing products during the life of the EDA.