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.
A North Dakota Contract between Manufacturer and Distributor Regarding Minimum Advertised Price is a legally binding agreement that sets forth the terms and conditions between a manufacturer and a distributor in North Dakota regarding the pricing of products. This contract specifically focuses on the minimum advertised price (MAP) that the distributor agrees to adhere to when promoting or advertising the manufacturer's products. The MAP is the lowest price at which the distributor can advertise the products, ensuring that all distributors maintain a consistent pricing policy, preventing price wars, and protecting the manufacturer's brand image. Keywords: North Dakota, contract, manufacturer, distributor, minimum advertised price, MAP, pricing, products, advertising, brand image, terms and conditions, legally binding. There can be different variations or types of North Dakota Contracts between Manufacturer and Distributor Regarding Minimum Advertised Price. Some common types may include: 1. Exclusive Distribution Agreement: This type of contract grants exclusive rights to a specific distributor to sell and advertise the manufacturer's products within a defined territory in North Dakota. It typically contains provisions regarding the agreed-upon minimum advertised price. 2. Non-Exclusive Distribution Agreement: In contrast to an exclusive distribution agreement, a non-exclusive contract allows multiple distributors to sell and advertise the manufacturer's products in North Dakota. This agreement may also outline the minimum advertised price to maintain consistency among all distributors. 3. Resale Price Maintenance Agreement: This type of contract explicitly focuses on maintaining the resale price of the product, including the minimum advertised price. It may contain provisions to ensure that the distributor doesn't sell the product below a certain price point, protecting the manufacturer's brand value. 4. Minimum Advertised Price Policy: This is not a contract, but a policy established by the manufacturer that sets the guidelines and requirements for distributors when it comes to advertising and promoting the products. While not legally binding, violating this policy can result in consequences such as termination of the distribution agreement. It is crucial for manufacturers and distributors in North Dakota to carefully draft and negotiate these contracts to ensure both parties' rights and obligations are clearly defined, especially when it comes to the minimum advertised price, to avoid any disputes or legal issues in the future.
