Agreement For Distributorship
Agreement For Distributorship Deed Format
WHEREAS the COMPANY carries on business as publisher and seller of books on legal and allied subjects.
And WHEREAS the DISTRIBUTOR has a book shop at Bangalore with spare capacity with sales outlets.
Now these presents witnesseth and the parties agree as follows:
2. The agreement shall commence on the 10th day of October 22. The agreement shall commence on the 10th day of October 2000 and shall continue for a period of 5 years and thereafter will stand extended from year to year until terminated by 6 months’ notice in writing given by either party to the other.
4. The COMPANY shall not sell the publications to any other person in the territory or outside the territory who the COMPANY knows or has reason to believe intends to resell the publications within the territory. The COMPANY further agrees to refer all inquiries for its publications reaching it from the territory to the DISTRIBUTOR.
6. All publications shall be dispatched by road transport or by goods train carriage paid or by such other means as may be agreed.
9. The COMPANY reserves the right to grant licences for the printing of the COMPANY’s Publications within the territory and itself to establish shops for the sale or distribution of the products within the territory without being liable in any way to remunerate the DISTRIBUTOR in respect of sales of the products thereafter printed within the territory.
11. The DISTRIBUTOR shall report to the COMPANY from time to time upon the development of business and generally upon trade conditions in the territory.
13. The COMPANY shall have the right at any time by giving notice in writing to the DISTRIBUTOR to terminate the agreement forthwith if the DISTRIBUTOR commits a breach of any term or condition of this agreement or winding up proceedings are initiated.
In witness whereof the parties herein have executed these presents on the day, month and year first above-written.
Signed, sealed and delivered by
Mr. XY pursuant to Board Resolution of 2nd October 2000 of AB Co. Ltd. in the presence of:
Signed, sealed and delivered by
Mr. MN pursuant to the Board Resolution of 3rd October 2000 of CD Ltd. in the presence of:
Email us at : info@meerad.in