COMPANY LETTERHEAD
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
EXCLUSIVE DISTRIBUTION AGREEMENT
This Exclusive Distribution Agreement (hereinafter referred to as the “Agreement”) is made and entered into on this {{day}} day of {{month}}, {{year}} (the “Effective Date”) by and between:
{{supplier_company_name}}, a company duly incorporated under the laws of {{supplier_country}}, with its registered office located at {{supplier_address}} (hereinafter referred to as the “Supplier”);
AND
{{distributor_company_name}}, a company duly incorporated under the laws of {{distributor_country}}, with its registered office located at {{distributor_address}} (hereinafter referred to as the “Distributor”).
Collectively referred to as the “Parties” and individually as a “Party”.
1. APPOINTMENT AND ACCEPTANCE
1.1. The Supplier hereby appoints the Distributor as its exclusive distributor for the sale and distribution of the Products (as defined in Schedule A) within the Territory (as defined in Schedule B).
1.2. The Distributor hereby accepts such appointment and agrees to diligently and faithfully promote and sell the Products in the Territory in accordance with the terms and conditions of this Agreement.
2. TERM
2.1. This Agreement shall commence on the Effective Date and shall continue for an initial term of {{initial_term_years}} ({{initial_term_years_words}}) years, unless terminated earlier in accordance with the provisions of this Agreement.
2.2. This Agreement may be renewed for successive terms upon mutual written agreement of the Parties at least {{renewal_notice_days}} days prior to the expiration of the then-current term.
3. TERRITORY
3.1. The Supplier grants the Distributor the exclusive right to market, distribute, and sell the Products within the geographical area of {{territory_description}} (the “Territory”).
3.2. The Supplier shall not, directly or indirectly, sell or distribute the Products within the Territory, nor appoint any other person, firm, or company to do so during the term of this Agreement.
4. PRODUCTS
4.1. The products covered by this Agreement are detailed in Schedule A attached hereto (the “Products”).
4.2. The Supplier reserves the right to modify, add to, or discontinue any Product, provided that the Distributor is given reasonable prior written notice of such change.
5. PURCHASE AND PRICING
5.1. The Distributor shall purchase the Products from the Supplier at the prices set forth in Schedule C, which may be updated from time to time upon mutual agreement.
5.2. Payment terms shall be {{payment_terms}} from the date of invoice. All prices quoted are in {{currency_code}}.
6. MARKETING AND SALES
6.1. The Distributor shall use its best efforts to promote, market, and sell the Products in the Territory and shall meet the minimum annual sales targets as set out in Schedule D.
6.2. The Distributor shall be solely responsible for all costs and expenses related to its marketing and sales activities within the Territory.
7. INTELLECTUAL PROPERTY
7.1. The Distributor acknowledges that all intellectual property rights related to the Products, including trademarks, patents, and copyrights, belong exclusively to the Supplier.
7.2. The Distributor is granted a non-exclusive, non-transferable license to use the Supplier’s trademarks solely for the purpose of marketing and selling the Products within the Territory during the term of this Agreement.
8. TERMINATION
8.1. Either Party may terminate this Agreement by providing {{notice_period_days}} days’ written notice to the other Party if the other Party commits a material breach of this Agreement and fails to cure such breach within {{cure_period_days}} days of receiving written notice thereof.
8.2. This Agreement may be terminated immediately by either Party upon written notice if the other Party becomes insolvent, makes an assignment for the benefit of creditors, or files for bankruptcy.
9. GOVERNING LAW AND DISPUTE RESOLUTION
9.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_country}}.
9.2. Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration in {{arbitration_city}}, {{arbitration_country}}, in accordance with the rules of the {{arbitration_institution}}.
10. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the Parties and supersedes all prior discussions, negotiations, and agreements, whether oral or written, relating to the subject matter hereof.
SIGNATURES
IN WITNESS WHEREOF, the Parties have executed this Exclusive Distribution Agreement as of the Effective Date first above written.
FOR AND ON BEHALF OF [SUPPLIER COMPANY NAME]:
_____________________________
Name: {{supplier_authorized_signatory_name}}
Title: {{supplier_authorized_signatory_title}}
Date: {{supplier_signature_date}}
FOR AND ON BEHALF OF [DISTRIBUTOR COMPANY NAME]:
_____________________________
Name: {{distributor_authorized_signatory_name}}
Title: {{distributor_authorized_signatory_title}}
Date: {{distributor_signature_date}}
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