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Exclusive Importation and Sales Agreement

This template is an agreement between a supplier and an importer, granting exclusive rights to import and sell specified products within a defined territory. It is used to establish the terms and conditions of an exclusive importation and sales relationship.

Updated 15d ago
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Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

EXCLUSIVE IMPORTATION AND SALES AGREEMENT

This Exclusive Importation and Sales Agreement (hereinafter referred to as the “Agreement”) is made and entered into on this day of {{day}} of {{month}}, {{year}} (the “Effective Date”) by and between:

{{Supplier_Company_Name}}, a company duly incorporated under the laws of {{Supplier_Jurisdiction}}, with its principal place of business at {{Supplier_Address}} (hereinafter referred to as the “Supplier”); and

{{Importer_Company_Name}}, a company duly incorporated under the laws of {{Importer_Jurisdiction}}, with its principal place of business at {{Importer_Address}} (hereinafter referred to as the “Importer”).

Collectively referred to as the “Parties” and individually as a “Party”.

1. APPOINTMENT AND TERRITORY

1.1. The Supplier hereby appoints the Importer as its exclusive importer and distributor of the Products (as defined in Schedule A) within the territory of {{Territory}} (the “Territory”) for the term of this Agreement.

1.2. The Importer accepts such appointment and agrees to use its best efforts to promote, market, distribute, and sell the Products throughout the Territory.

1.3. The Supplier agrees not to appoint any other importer or distributor for the Products within the Territory during the term of this Agreement, nor will it directly or indirectly sell or market the Products within the Territory itself, except as expressly agreed in writing.

2. TERM OF AGREEMENT

2.1. This Agreement shall commence on the Effective Date and shall continue for an initial period of {{Initial_Term_Years}} year(s) (the “Initial Term”), unless terminated earlier in accordance with the provisions of this Agreement.

2.2. This Agreement may be renewed for successive periods of {{Renewal_Term_Years}} year(s) each, provided that both Parties provide written notice of their intention to renew at least {{Notice_Period_Days}} days prior to the expiration of the then-current term.

3. PRODUCT PRICING AND PAYMENT TERMS

3.1. The prices at which the Products will be sold by the Supplier to the Importer shall be set forth in Schedule B, which may be updated from time to time by mutual written agreement of the Parties.

3.2. Payment for all Products supplied to the Importer shall be made within {{Payment_Days}} days from the date of the Supplier’s invoice.

3.3. All payments shall be made in {{Currency}} to a bank account designated by the Supplier.

4. MARKETING AND SALES OBLIGATIONS OF IMPORTER

4.1. The Importer shall develop and implement comprehensive marketing and sales strategies for the Products within the Territory, subject to the approval of the Supplier.

4.2. The Importer shall achieve minimum sales targets as set out in Schedule C, which may be reviewed and adjusted annually by mutual agreement.

4.3. The Importer shall maintain adequate inventory levels of the Products to meet customer demand within the Territory.

5. INTELLECTUAL PROPERTY

5.1. The Importer acknowledges that all trademarks, trade names, logos, copyrights, and other intellectual property rights associated with the Products are and shall remain the sole property of the Supplier.

5.2. The Importer is granted a non-exclusive, non-transferable license to use the Supplier's intellectual property solely for the purpose of marketing, promoting, and selling the Products within the Territory during the term of this Agreement.

6. CONFIDENTIALITY

6.1. Both Parties agree to keep confidential all proprietary or confidential information obtained from the other Party during the course of this Agreement, including but not limited to business plans, customer lists, pricing strategies, and product specifications.

6.2. This obligation of confidentiality shall survive the termination or expiration of this Agreement for a period of {{Confidentiality_Period_Years}} years.

7. TERMINATION

7.1. Either Party may terminate this Agreement upon {{Notice_Period_Days_Termination}} days' written notice to the other Party in the event of a material breach of any provision of this Agreement by the other Party, provided that such breach is not cured within the notice period.

7.2. This Agreement may be terminated immediately by either Party upon written notice if the other Party becomes insolvent, files for bankruptcy, or goes into liquidation.

8. GOVERNING LAW AND DISPUTE RESOLUTION

8.1. This Agreement shall be governed by and construed in accordance with the laws of {{Governing_Law_Jurisdiction}}.

8.2. Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be settled by arbitration in accordance with the rules of the {{Arbitration_Institution}}.

9. ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether written or oral.

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date first above written.

Signature Block

FOR THE SUPPLIER:

___________________________

Name: {{Supplier_Signatory_Name}}

Title: {{Supplier_Signatory_Title}}

Date: {{Supplier_Signature_Date}}

FOR THE IMPORTER:

___________________________

Name: {{Importer_Signatory_Name}}

Title: {{Importer_Signatory_Title}}

Date: {{Importer_Signature_Date}}

Schedule A: Products

List of Products covered by this Agreement:

{{Product_1_Name}} ({{Product_1_Description}})

{{Product_2_Name}} ({{Product_2_Description}})

[Add more product lines as necessary]

Schedule B: Product Pricing

Pricing for Products (e.g., Ex-works, FOB, CIF):

{{Product_1_Price_Per_Unit}} per unit

{{Product_2_Price_Per_Unit}} per unit

[Add more product pricing as necessary]

Schedule C: Minimum Sales Targets

Annual Minimum Sales Targets for the Importer:

Year 1: {{Year_1_Target_Units}} units (or {{Year_1_Target_Value}} {{Currency}})

Year 2: {{Year_2_Target_Units}} units (or {{Year_2_Target_Value}} {{Currency}})

[Add more annual targets as necessary]

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