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Exclusive Importation and Sales Agreement

This template is an exclusive agreement between a manufacturer/supplier and a distributor, granting the distributor sole rights to import and sell specified products within a defined territory. It is used when establishing a new exclusive distribution partnership.

Updated 15d ago
exclusive agreementimportationsales agreementdistributioninternational tradeSMEAfrica

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Exclusive Importation and Sales Agreement

This Exclusive Importation and Sales Agreement ("Agreement") is made and entered into as of this {{day}} day of {{month}}, {{year}}, by and between:

**{{supplier_company_name}}**, a company duly organized and existing under the laws of {{supplier_country}}, with its principal place of business at {{supplier_address}} (hereinafter referred to as "Supplier");

AND

**{{distributor_company_name}}**, a company duly organized and existing under the laws of {{distributor_country}}, with its principal place of business at {{distributor_address}} (hereinafter referred to as "Distributor").

Supplier and Distributor are hereinafter collectively referred to as the "Parties" and individually as a "Party".

1. Appointment and Exclusivity

1.1. Subject to the terms and conditions of this Agreement, Supplier hereby appoints Distributor as its exclusive importer and seller of the products listed in Schedule A (hereinafter referred to as "Products") within the territory of {{territory}} (hereinafter referred to as "Territory").

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

1.3. Supplier agrees not to, directly or indirectly, sell, distribute, or license others to sell or distribute the Products within the Territory during the term of this Agreement, nor to appoint any other distributor for the Products within the Territory.

2. Term of Agreement

2.1. This Agreement shall commence on the Effective Date (as defined above) and shall continue for an initial term of {{initial_term_years}} ({{initial_term_years_words}}) years, unless sooner terminated in accordance with the provisions hereof.

2.2. This Agreement shall automatically renew for successive periods of {{renewal_term_years}} ({{renewal_term_years_words}}) years each, unless either Party provides written notice of its intention not to renew at least {{notice_period_days}} ({{notice_period_days_words}}) days prior to the end of the then-current term.

3. Pricing and Payment Terms

3.1. The prices for the Products shall be as set forth in Supplier's current price list, attached hereto as Schedule B, or as otherwise agreed upon in writing by the Parties.

3.2. Distributor shall pay Supplier for the Products in {{currency}} within {{payment_days}} ({{payment_days_words}}) days from the date of the invoice.

3.3. All payments shall be made in {{currency}} to Supplier's designated bank account.

3.4. Any taxes, duties, or other governmental charges imposed on the import or sale of the Products in the Territory shall be borne by the Distributor.

4. Marketing and Sales Obligations of Distributor

4.1. Distributor shall vigorously and effectively market, promote, and sell the Products throughout the Territory.

4.2. Distributor shall maintain adequate inventory levels of the Products to meet customer demand.

4.3. Distributor shall conduct all marketing and sales activities in a professional manner and in compliance with all applicable laws and regulations in the Territory.

4.4. Distributor shall provide Supplier with quarterly sales reports, detailing sales figures, marketing activities, and any relevant market feedback.

5. Intellectual Property

5.1. Distributor acknowledges that all intellectual property rights related to the Products, including but not limited to trademarks, copyrights, and patents, are and shall remain the sole property of Supplier.

5.2. Distributor shall not use Supplier's intellectual property without Supplier's prior written consent, except as specifically necessary to market and sell the Products in accordance with this Agreement.

5.3. Distributor shall notify Supplier immediately of any actual or suspected infringement of Supplier's intellectual property rights.

6. Confidentiality

6.1. Both Parties agree to keep confidential all non-public information, including but not limited to business plans, customer lists, pricing information, and technical data, disclosed by one Party to the other Party in connection with this Agreement.

6.2. This confidentiality obligation shall survive the termination of this Agreement for a period of {{confidentiality_years}} ({{confidentiality_years_words}}) years.

7. Termination

7.1. Either Party may terminate this Agreement immediately upon written notice if the other Party materially breaches any of its obligations hereunder and fails to cure such breach within {{cure_period_days}} ({{cure_period_days_words}}) days after receiving written notice thereof.

7.2. Supplier may terminate this Agreement immediately upon written notice if Distributor (a) becomes insolvent or bankrupt; or (b) ceases to carry on its business.

8. Governing Law and Dispute Resolution

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

8.2. Any dispute, controversy or claim 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}}.

9. Entire Agreement

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

9.2. No amendment or modification of this Agreement shall be valid unless in writing and signed by duly authorized representatives of both Parties.

Signature Block

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

**For Supplier:**

_____________________________

Name: {{supplier_signatory_name}}

Title: {{supplier_signatory_title}}

**For Distributor:**

_____________________________

Name: {{distributor_signatory_name}}

Title: {{distributor_signatory_title}}

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