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What is a Distribution agreement?

A Distribution Agreement is a legal contract between a supplier or manufacturer of goods and a distributor who agrees to sell and distribute those goods to customers or end-users. This agreement outlines the terms and conditions governing the relationship between the parties, including rights, obligations, and responsibilities regarding the distribution of the products.

Tips

• Review and Revise Regularly: Regularly review and revise the Distribution Agreement to ensure it remains up-to-date with changes in business needs, market conditions, and legal requirements. Consider seeking legal advice to review and validate the agreement periodically.
• Protect Intellectual Property Rights: Address ownership and use of intellectual property rights associated with the products, including trademarks, patents, copyrights, and trade secrets. Specify any licensing or usage rights granted to the distributor.