Principal appoints the Distributor as exclusive overseas Distributor for the territory. Distributor to hold adequate stocks to service demand. All orders to be referred to the distributor. Principal to arrange freight and insurance. Distributor to send payment to principal in AUD.
Manufacturer in Australia appoints a Distributor Agent to supply and distribute in an overseas country with an exclusive concession of rights of sale. Incoterms 2000 provisions are incorporated by reference.
Distributor Agreement when distributor buys goods from manufacturer to a specified net value, and a specified range. Manufacturer agrees to give distributor rebates, discounts. Rules for dispatch, payment, no assignment by distributor, maintenance of stock.
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