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.
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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An international distribution agreement is essentially a contract that creates a framework for a business relationship between global parties.
Since the objective of an indemnification clause in a distribution agreement is to protect both parties from any potential legal disputes or liability that may arise from product distribution, it addresses problems that may arise from product defects, infringement of intellectual property, or breaches of contractual ...
Supplier indemnifies and agrees to hold Distributor harmless from and against any and all claims, demands or actions and costs, liabilities, or losses arising out of (a) any actual or alleged death or injury to any person or damage to any tangible property resulting or claimed to result wholly from (i) any actual or ...
Comment: An indemnification provision in a commercial contract provides a contractual remedy to redress a party's liability or financial loss suffered as a result of a claim, typically by a third party, that results from an action, inaction, or breach by the counterparty.
An indemnification clause is a legally binding agreement between two parties specifying that one party (the indemnifying party) will compensate the other party (the indemnified party) for any losses or damages that may arise from a particular event or circumstance.
Distributor shall indemnify, hold harmless and defend Supplier, its successors and assigns for all losses, claims and defense costs claimed by any third party for any injury, death or property damage suffered by such third party to the extent resulting from Distributor's negligence, willful misconduct or breach of this ...
Since the objective of an indemnification clause in a distribution agreement is to protect both parties from any potential legal disputes or liability that may arise from product distribution, it addresses problems that may arise from product defects, infringement of intellectual property, or breaches of contractual ...
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.