Preliminary Acceptance of Product for Resale

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Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Preliminary Acceptance of Product for Resale

Preliminary Acceptance of Product for Resale

{{company_name}} {{company_address}} Tel: {{phone}} Email: {{email}} Website: {{website}}

Preliminary Acceptance of Product for Resale

This Preliminary Acceptance Agreement ("Agreement") is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:

1. **{{Supplier_Company_Name}}**, a company duly incorporated under the laws of [Relevant African Country, e.g., South Africa/Nigeria/Kenya], with its principal place of business at {{Supplier_Company_Address}} (hereinafter referred to as "the Supplier"); and

2. **{{Reseller_Company_Name}}**, a company duly incorporated under the laws of [Relevant African Country, e.g., South Africa/Nigeria/Kenya], with its principal place of business at {{Reseller_Company_Address}} (hereinafter referred to as "the Reseller").

1. Product Description and Purpose

1.1. The Supplier agrees to provide, and the Reseller agrees to receive for preliminary evaluation, the product(s) described in Schedule A hereto (the "Product").

1.2. The purpose of this preliminary acceptance is to allow the Reseller to evaluate the Product's suitability for resale within the target market(s) specified in Schedule B, including but not limited to assessing its functionality, quality, market appeal, and compliance with local regulations.

2. Term of Preliminary Acceptance

2.1. This preliminary acceptance period shall commence on {{start_date}} and conclude on {{end_date}} (the "Acceptance Period").

2.2. During the Acceptance Period, the Reseller shall conduct all necessary evaluations and tests and provide feedback to the Supplier as outlined in Section 4.

3. Obligations of the Supplier

3.1. The Supplier shall deliver the Product to the Reseller at {{delivery_address}} by {{delivery_date}}.

3.2. The Supplier warrants that the Product supplied for preliminary acceptance is free from defects in material and workmanship and conforms to the specifications outlined in Schedule A.

4. Obligations of the Reseller

4.1. The Reseller shall, throughout the Acceptance Period, diligently evaluate the Product and provide a written report to the Supplier by {{report_submission_date}}, detailing findings, observations, and any recommendations for modifications.

4.2. The Reseller agrees to protect any proprietary information or trade secrets related to the Product and not to reverse engineer, disassemble, or decompile the Product.

5. Preliminary Pricing and Payment Terms

5.1. For the purpose of this preliminary acceptance, the Product shall be provided at a preliminary unit price of {{currency}} {{preliminary_unit_price}}.

5.2. Payment for the Product received during this preliminary acceptance phase shall be made by the Reseller within {{payment_days}} days of receipt of invoice from the Supplier.

6. Marketing and Promotion

6.1. During the Acceptance Period, the Reseller may, with the express written consent of the Supplier, undertake limited marketing and promotional activities for the Product within the specified target market(s) to gauge market reaction.

6.2. All marketing materials must be approved by the Supplier prior to their use.

7. Final Acceptance or Rejection

7.1. Upon conclusion of the Acceptance Period and review of the Reseller's report, the parties shall meet to discuss the findings and determine whether to proceed with a formal Resale Agreement.

7.2. If the Reseller deems the Product unsuitable for resale, a written notice of rejection must be provided to the Supplier by {{rejection_date}}, outlining the reasons for rejection. In such an event, the Reseller shall return any remaining Product to the Supplier at the Supplier's expense.

7.3. If the Product is deemed suitable, the parties shall negotiate and execute a separate comprehensive Resale Agreement.

8. Governing Law and Dispute Resolution

8.1. This Agreement shall be governed by and construed in accordance with the laws of [Relevant African Country, e.g., South Africa/Nigeria/Kenya].

8.2. 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 [City, Relevant African Country] in accordance with the arbitration rules of [e.g., the Arbitration Foundation of Southern Africa (AFSA)].

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 oral or written.

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

**FOR THE SUPPLIER:** _____________________________ Name: {{Supplier_Signatory_Name}} Title: {{Supplier_Signatory_Title}} Date: {{Supplier_Signature_Date}} **FOR THE RESELLER:** _____________________________ Name: {{Reseller_Signatory_Name}} Title: {{Reseller_Signatory_Title}} Date: {{Reseller_Signature_Date}}