Exclusive territory agreement

The franchise territory - what does it mean? What is exclusive distribution agreement? How is an exclusive territory defined? Exclusive Territory.

IPVC Grants TPED the exclusive right to market, advertise and sell IPVC equipment (TrueConnect Gateways) or TrueWeb access (Services) as defined in Appendix A. TPED shall also have the exclusive right to market, advertise and sell the Services to be offered through IPVC in the future, the compensation for such activities to be set by agreement of the parties when such. XenaCare Holdings (hereinafter known as “XenaCare”) with principal offices located. There may be a clause in the franchise agreement that grants the franchisor a reserved right to distribute products through what is generally referred to as “alternative channels of distribution” with your exclusive territory.

Effectively, this means that although the franchisor may be restricted from awarding another franchise, or operating a company owned and operated location within the. Trademark license agreements sometimes include a grant of an exclusive territory. The question is, does an exclusive territory provision mean that only the licensor is prohibited from selling.

Nothing in this Agreement grants Purchaser an exclusive territory to market and resell any petroleum products. Supplier reserves the right to market and sell, and authorize others to market and sell, petroleum products in any manner Supplier chooses, including through its own retail outlets or through designated wholesalers or other retailers. The agent would like to be the exclusive selling agent for the manufacturer in _____ (Specify Territory ). The parties mutually agree to the following terms and conditions: I. The agent is the exclusive sales agent in the territory specified below, for the duration of this agreement. This agreement is valid for _____ (Number) years, and will. Attachment 2: Territory.

Developer is appointing Distributor. Products and Territory 1. The supplier may be a manufacturer, or may itself be a distributor reselling another’s goods. Distribution agreements can fall foul of both UK and EC competition law and care should therefore be taken with their drafting. This briefing note summarises some of the key considerations which. Your franchise agreement may grant you an exclusive or protected area.

A distribution agreement is a legal agreement between a supplier of goods and a distributor of goods. Say your franchisor has granted you an exclusive territory stretching one mile around your location or for a specific trade area outlined on a map. An exclusivity agreement is a legal contract, or sometimes a clause in a larger contract, which lays out the terms and conditions of the exclusivity arrangement. The overriding purpose is to define the relationship between the two parties – who is supplying what product or service to whom – and to confirm that the parties are dealing only with each other to the exclusion of everyone else.

Rather, the FDD defines a specific geographic territory and provides the franchisee with certain territorial protections against competition. Every franchise agreement should discuss the issue of the source of customers. This is known as the geographical territory , protected territory or exclusive territory.

Many agreements spell out the zone or area of your customer source. This exclusivity agreement in its entirety is considered the entire agreement and shall overrule any previous agreements made between the parties in either oral or written form. PandaTip: This section of the template restricts either party from assigning their rights and obligations under the terms of this agreement to another party without prior approval. If the license pursuant to this Agreement is converted to a non- exclusive one and if other non- exclusive licenses in the same field and territory are grante the above royalties shall not exceed the royalty rate to be paid by other licensees in the same field and territory during the term of the non- exclusive license. One alternative to assigning an exclusive territory is to draft the distribution agreement in such a way that the distributor is nonexclusive, but to franchise only one distributor.

Such an arrangement provides encouragement for the distributor.