Wholesaling Contract With Nike

State:
Multi-State
Control #:
US-01753BG
Format:
Word; 
Rich Text
Instant download

Description

This distributorship contract is an independent contractor agreement for a distributorship. The wholesaler appoints distributor as it's non-exclusive distributor to market the products of the wholesaler in accordance with the terms of the agreement.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Nike didn't make its billions alone. Most of its sales have come from selling to wholesale partners such as department stores, mom-and-pop shops, sporting goods specialists, and all the thousands of retail businesses Nike has long relied on to distribute its products to shoppers.

Each Contract Year, NIKE shall receive: (i) fifty (50) tickets (i.e., 46 tickets in addition to NIKE's 4 season tickets) to one mutually agreed upon football game; (ii) twenty-five (25) tickets (i.e., 17 tickets in addition to NIKE's 8 season tickets) to one mutually agreed upon men's basketball game.

The total value of the Nike deal, not including incentives, is $46.45 million over six years, an average of $7.7 million per year, according to the contract.

Nike Stock: Analyzing 5 Key Suppliers (NKE)Pou Chen Corporation.PT Pan Brothers.Fulgent Sun Group.Delta Galil Industries.Eagle Nice Intl. Holdings.

Becoming an Authorized Nike RetailerYour business must obtain appropriate local business licensing.You must be operating out of a storefront. This means you must have a public brick-and-mortar store location that customers access from the street.Nike also wants its retail store owners to have a passion for sports.

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Wholesaling Contract With Nike