Sole Distribution Rights Agreement

Unless terminated earlier, as provided for in this Agreement, the term of this Agreement shall begin from the date of entry into force and shall automatically end at the end of [the expiry of the number of years] years following the date of entry into force. Both parties may use an exclusive distribution agreement in different ways. Sometimes the distributor is the sole distributor of the supplier`s product in a given geographical area. In other exclusive agreements, the distributor has the exclusive power to sell the product to certain customers, which means that no other distributor can sell to those customers. Exclusive agreements are often used when the product is expensive or if it is different and technical, which requires special knowledge of the products and the market. Supplier may provide Distributor with certain confidential or protected information (“Confidential Information”). Confidential information includes information, whether written, electronic or oral, that the distributor is aware of or reasonably known to be the owner, confidential or trade secret of the supplier, including all technical or commercial information, the software, including its source codes and documentation, specifications and design information of supplier products, service information, customer lists, pricing information, marketing information, guidelines, procedures and manuals regarding the supplier`s distributors or distribution channels, research and development and other ownership matters concerning supplier products or supplier activities. The Distributor shall not use the Confidential Information unless this is necessary for the exercise of its rights or the fulfilment of its obligations under this Agreement. The Distributor shall also limit its disclosure of confidential information to those who need to know such confidential information in order for the Distributor to fulfil its obligations and enjoy the rights conferred on it by this Agreement. Such persons are informed of the provisions of this section and agree with them and the merchant remains responsible for any unauthorized use or disclosure of confidential information by any of them. At the end of this Agreement (or earlier, at the request of the Supplier), the Distributor shall cease using all Confidential Information and immediately return to the Supplier (or destroy) in its possession or control all documents (written or electronic) that constitute Confidential Information. . .

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