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Sole Selling Agreement
"I need a Sole Selling Agreement under Singapore law for my tech company to appoint an exclusive distributor in Malaysia for our software products, with minimum annual sales targets of $500,000 and a three-year term starting January 2025."
1. Parties: Details of the Principal (supplier) and the Sole Seller
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Appointment and Territory: Scope of sole selling rights and defined territory
5. Term and Termination: Duration of agreement and termination provisions
6. Obligations of Principal: Principal's duties and commitments
7. Obligations of Sole Seller: Sole seller's duties and commitments
8. Pricing and Payment Terms: Financial arrangements between parties
1. Minimum Purchase Requirements: Specified minimum quantities/values to be purchased - use when principal wants to ensure minimum sales volumes
2. Marketing and Promotion: Marketing obligations and cost sharing - use when specific marketing efforts are required
3. Training Requirements: Training obligations for product knowledge - use for technical or complex products
4. Non-Compete Provisions: Restrictions on competing activities - use when exclusivity is critical
1. Product Schedule: List of products covered under the agreement
2. Territory Map: Detailed definition of geographical territory
3. Price List: Current prices and discount structures
4. Performance Targets: Specific sales targets and KPIs
5. Standard Operating Procedures: Detailed operational procedures and requirements
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