Limited Risk Distributor Agreement Template

Limited Risk Distributor Agreement Template. A limited risk distributor is a buy-sell distributor who distributes products in its own name and for its own account for a principal company, under an agreement in which most risks are borne by the principal and only limited risks are borne by the distributor. For the purpose of this Agreement, the following terms shall have the meaning assigned to them below unless the context requires otherwise: a) Agreement means this Limited Risk Distributor Agreement together with the Appendices hereto, as may be amended, modified or supplemented by the Parties from time to time. past searching for a template, search for explicit template as indicated by what you will dependence to make. In the situation that you don't have a requirement for some, blossoms, discover a template you can use rather, in this freshen quality aside cash exceeding the long haul. Figure out how to take on a gander at your making somewhat more extensive, particularly in the things you buy.

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The distribution agreement provides that Primero, and not Company S, is to bear product recall and product liability risk, and provides further that Primero will be entitled to all profit or loss from selling Product X in the territory after providing Company S with the agreed level of compensation for its distribution functions. SUPPLIER hereby appoints DISTRIBUTOR as its sole and exclusive distributor for the term of this Agreement for the sale and distribution of the Products in and throughout the Territory. The local limited risk distributors buy product from the master distributor and resell the product to the customer.

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The following is a non-exhaustive list of considerations as regards the legal terms which may be included in a limited risk distribution agreement, to reflect the allocation of risk and reward between the parties.

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The limited risk distributors earn a lower profit than a full distributor, consistent with their reduced functions and risks. Upon Customer's acceptance of any order, Distributor shall submit to Customer via wire transfer at least [Percent total order] of the total order price. What sort of performance obligations are included in the agreement?