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Distribution Agreement Template Malaysia

By December 7, 2020 No Comments

In the sense of the word, distribution contracts are regularly used by manufacturers and distributors to avoid uncertainty during the activity and to ensure that supply is reached when needed. As a legal contract between two or more parties, distribution agreements serve as a form of protection for the future, as one party may sue the other if it does not comply with the guidelines and results agreed in the previous distribution agreement. A distribution agreement sets out the conditions under which a distributor complies with the sale of a supplier`s products. 15. The supplier or distributor must communicate in writing its intention to terminate the contract at least [number] months before the termination date in order to separate the contract without penalty. This form was written only for general information purposes. This is not legal advice, advertising, solicitation or tax advice. The transmission of this form and the information it contains is not intended to create a legal and client relationship, and their receipt does not constitute a legal and client relationship. You should not rely on this document or information for any purpose without seeking the assistance of a properly authorized lawyer, including, but not limited to, the verification and advice on the terms of this form, the necessary authorizations in connection with the transactions provided for in this form and all the securities laws and other legal matters provided in this form. This exclusive distribution agreement is made and concluded……………… between and between…………………… with its main seat in…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… (the “distributor”) and ElQuator Sdn Bhd, headquartered at No.

15, Jalan P4/8B, Palm Industrial Park, Bandar Teknologi Kajang 43500 Semenyih, Selangor, Malaysia (the supplier) (hereafter referred to as “part” and “parts”). WHEREAS, Supplier is active in the development, manufacture and sale worldwide of 5kWh vertical windmills and up to 200kWh, Sustainable Energy Plant (SEP), Urban Systems and Systems for communication towers. WHEREAS, distributor is in the renewable energy trade and wants to distribute supplier products in (the country) …………………………………