Distribution Agreement: Define Clear Terms for Supplying and Selling Products
A Distribution Agreement outlines the rights and responsibilities between a supplier and distributor. It ensures both parties agree on how products will be sold and marketed in specific regions, under what conditions, and for how long. Creating this agreement with Bind helps reduce misunderstandings and protect your commercial relationship.
Parties and Products
Identifies the Supplier and Distributor, and describes the products involved in the agreement.
Appointment and Territory
Grants the Distributor exclusive rights to sell the Supplier’s products in clearly defined territories.
Distributor’s Obligations
Covers promotion, advertising, stock management, and meeting agreed sales targets.
Supplier’s Obligations
Outlines the Supplier’s commitment to product availability, support, and pricing.
Pricing and Payment
Defines pricing structures, currency, and payment timelines.
Intellectual Property and Confidentiality
Protects trademarks and confidential information shared throughout the partnership.
Term and Termination
Establishes the agreement duration and conditions for early termination by either party.
Dispute Resolution and Governing Law
Specifies that legal disputes are resolved through arbitration and governed by Singaporean law.
Sales and Supply Schedules
Includes detailed schedules for sales targets and product supply logistics.
With Bind, you can eSign your Distribution Agreement and send it to the other party right away—ensuring your commercial terms are enforceable, clear, and secure from day one.
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