Virginia International Distributorship Agreement

State:
Multi-State
Control #:
US-TC0512
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This agreement is between a software manufacturer and a distributor. It gives the distributor the right to be an independent and non-exclusive distributor of the manufacturer's software in a prescribed international market.

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FAQ

Differences between agency and distribution An agent is paid commission on a percentage basis. A distributor sells the product to the customers and will usually add a margin to cover costs and profit. The agent does not own the products. A distributor owns the goods, and takes the risk of the goods not selling.

A distribution agreement is a legal contract between your company and distributors, defining the guidelines to market and sell your products. A distribution agreement grants a distributor the rights to market and sell your company products.

An international distribution agreement is essentially a contract that creates a framework for a business relationship between global parties.

Differences between agency and distribution An agent is paid commission on a percentage basis. A distributor sells the product to the customers and will usually add a margin to cover costs and profit. The agent does not own the products. A distributor owns the goods, and takes the risk of the goods not selling.

While the CISG applies to sales of goods in which quantity and price are known, it generally does not apply to framework agreements ? such as distribution agreements ? designed to govern future sales.

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.

Types of distribution agreement Exclusive Distribution Agreements. Sole Distribution Agreements. Non-Exclusive Distribution Agreements. What is a distribution agreement?

An international distributor is not a sales representative. Instead, the international distributor purchases products and services from the US company and then resells them to customers in one or more foreign countries.

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Virginia International Distributorship Agreement