1. Goal and scope. The parties intend that this agreement will be the basis and structure of any potential binding agreement relating to the establishment of a commercial relationship in which resellers would sell products in [territory] (the “territory”) and the parties negotiating a re-sale agreement, the parties, with respect to the re-reseller agreement, their current agreements and certain agreements that have been made with respect to that relationship. The company provides the dealer with a free (1) demo unit that can be used for customer presentations, demos and other marketing activities of this type. The unit remains the property of the company, but is available for the duration of the contract for exclusive use by the dealer. You can explain what is at stake in the agreement. You can even set the initial dates if you`re working on a project. Keep in mind, however, that the agreement is not a substitute for a legal contract. Although formal, it is not legally binding. If you have any questions about contracts, talk to a lawyer. Any declaration of intent would involve an agreement between the parties. They are considered binding by the parties when they have no rights. If you want to create a good model, it should contain the following: All this relevant information is needed in the document.
Although not legally binding, it will help the parties begin their agreement. PandaTip: A Memorandum of Understanding is a kind of cooperation agreement designed to document the understanding of certain parties (two or more) as part of their cooperation on a project or the achievement of a goal. Unlike a letter of intent, it is more likely that an agreement will impose certain obligations on the parties. The more information you include in your agreement, the better. If you can, insert relevant topics. These include the general scope of the agreement, the timetable, commitments and much more. Even in the absence of a legal contract, the agreement can represent your contract. Then you can start concluding the terms of the contract before making it official. Exclusivity in the territory depends on the reseller maintaining a minimum sales volume of 15 units in the first year and 15 units in subsequent years, provided that the company fulfills all obligations under the agreement that may affect the dealer`s ability to achieve those volumes.
When you create the document, you`ll have to put a lot of time and effort into it. You will also need the same components if you create an agreement with another party. The agreement will help you go from approving the terms and conditions to signing a written protocol. goal. The objective of this agreement is to present certain agreements reached by the parties with respect to the conditions that must be agreed between the company and the reseller in a reseller agreement. During the development, both parties can determine the important aspects of their agreement. Before creating a soft model, each part would begin with a planning phase. At this point, they decide what they want out of the agreement. The content of the proposed agreement must be consistent with the agreement of the parties. They should sign it to formalize the document.