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Separation agreement. n. an agreement between two married people who have agreed to live apart for an unspecified period of time, perhaps forever.
What is a Tax Sharing Agreement? A tax sharing agreement (TSA) is a contract created to clarify the economic expectations among members of a related group of corporations included in consolidated or combined reporting tax returns.
Similar to asset purchase agreements in sale transactions, the separation and distribution agreement identifies assets to be transferred, liabilities to be assumed, and contracts to be assigned to each of the spin-off company and the parent in implementing their separation, and sets forth when and how these transfers, ...
A distribution agreement is one under which a supplier or manufacturer of goods agrees that an independent third party will market the goods. The distributor buys the goods on their own account and trades under their own name.
A distribution agreement, also known as a distributor agreement, is a contract between a supplying company with products to sell and another company that markets and sells the products. The distributor agrees to buy products from the supplier company and sell them to clients within certain geographical areas.
In a written distribution contract, there will usually be a right for either party to terminate the contract ?for convenience? by giving a period of notice (such as six or 12 months' notice).