The Exclusive Seller Agreement is a crucial commercial contract used when a business wishes to appoint a sole distributor for their products in a specific territory under Singapore law. This agreement is particularly relevant for businesses expanding their distribution network while maintaining control over how their products are sold and marketed. The document addresses key aspects including territorial rights, performance expectations, pricing structures, and compliance with Singapore's regulatory framework. It's especially important for international companies entering the Singapore market or local companies establishing exclusive distribution arrangements.
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1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of exclusive appointment and territory coverage
5. Duration and Termination: Contract period and termination conditions
6. Obligations of Seller: Seller's commitments and responsibilities
7. Pricing and Payment Terms: Financial arrangements and payment conditions
8. Intellectual Property Rights: Protection and usage of IP
9. Confidentiality: Protection of confidential information
10. Governing Law: Applicable law and jurisdiction
1. Performance Targets: Minimum sales targets and KPIs - use when specific performance metrics are required
2. Training and Support: Support services provided by principal - use when technical products or services are involved
3. Insurance: Insurance requirements and coverage - use when high-value or high-risk products are involved
4. Force Majeure: Provisions for unforeseen circumstances - use when long-term commitments are involved
1. Product Schedule: List of products covered under the agreement
2. Territory Schedule: Detailed description of exclusive territory
3. Price List: Current pricing structure and terms
4. Performance Metrics: Detailed KPIs and measurement criteria
5. Technical Requirements: Product specifications and technical details
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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