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Purchase And Resale Agreement
"I need a Purchase and Resale Agreement under German law for my electronics manufacturing company to appoint an exclusive distributor in Bavaria, with minimum purchase requirements of €500,000 annually starting January 2025."
1. Parties: Identification and details of the seller and purchaser/reseller
2. Background: Context of the agreement and business relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter of Agreement: Description of the products/goods to be purchased and resold
5. Purchase Orders and Pricing: Process for placing orders and determining prices, including any price adjustment mechanisms
6. Delivery and Transfer of Title: Terms of delivery, risk transfer, and ownership transfer
7. Payment Terms: Payment conditions, invoicing, and payment methods
8. Quality Requirements: Product specifications, quality standards, and inspection rights
9. Warranties and Liability: Warranties provided by seller and liability limitations
10. Intellectual Property Rights: Rights to trademarks, patents, and other IP in relation to the products
11. Term and Termination: Duration of agreement and termination provisions
12. Confidentiality: Protection of confidential information exchanged between parties
13. Governing Law and Jurisdiction: Application of German law and jurisdiction for disputes
14. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Minimum Purchase Requirements: Used when specific minimum purchase quantities are required
2. Territory and Exclusivity: Include when there are geographical restrictions or exclusive rights granted
3. Marketing and Promotion: Required when specific marketing obligations are imposed on the reseller
4. Training and Support: Include when seller provides product training or technical support
5. Stock Requirements: Used when minimum stock levels must be maintained
6. Returns and Stock Rotation: Include when there are specific provisions for product returns or stock rotation
7. Competition Restrictions: Used when including non-compete or similar restrictions
8. Compliance Requirements: Include when specific regulatory compliance obligations need to be addressed
9. Insurance Requirements: Used when specific insurance coverage is required
10. Data Protection: Include when personal data processing is involved in the relationship
1. Product Specifications: Detailed technical specifications of products
2. Price List: Current prices and any volume-based discounts
3. Territory Map: Geographical areas covered by the agreement
4. Quality Standards: Detailed quality requirements and testing procedures
5. Service Level Agreement: Details of support services and response times
6. Trademark Usage Guidelines: Rules for using seller's trademarks and branding
7. Return Procedures: Detailed procedures for handling product returns
8. Warranty Processing: Procedures for handling warranty claims
9. Approved Sub-distributors: List of approved sub-distributors if permitted
10. Compliance Certificates: Required regulatory or quality certifications
Authors
Consumer Goods
Electronics
Automotive
Industrial Equipment
Pharmaceuticals
Food and Beverage
Fashion and Apparel
Construction Materials
Medical Devices
Chemicals
Hardware and Tools
Sporting Goods
Technology Products
Legal
Procurement
Sales
Commercial Operations
Supply Chain
Finance
Compliance
Operations
Business Development
Distribution
Logistics
Chief Executive Officer
Commercial Director
Procurement Manager
Sales Director
Legal Counsel
Supply Chain Manager
Business Development Manager
Operations Director
Contract Manager
Distribution Manager
Compliance Officer
Finance Director
Commercial Operations Manager
Logistics Manager
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