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HYPESOUL
HYPESOUL

During the application of the contract and for a period of five years after the expiry of the contract, the distributor retains all the terms of this agreement confidential and does not provide information contained in the agreement or information about the activity of the brand, in particular the brand`s brand, products, products and distribution network, unless required by law and if necessary for the implementation of the agreement. In addition to the sections above, there are a few important points that need to be included in a sales contract. They are somehow important to make a distribution agreement what it really is. If you want to use an example of an existing distribution contract, you`ll easily notice it in the text. We have a few below. The agreement can only be amended by the explicit and written mutual agreement of the contracting parties, in which case any modification or waiver of a provision of this agreement is annexed to the agreement and attached to the agreement. Each distribution agreement has a number of clauses in place, but some are more important than others. Some of them are included. The supplier may provide the distributor with certain confidential or protected information (« confidential information »).

Confidential information includes information, whether written, electronic or oral, that the distributor knows is a proprietary, confidential or commercial trade secret of the supplier, including all technical or commercial information, software, including its source code and documentation, specifications and design information for suppliers, maintenance information, customer lists , price information, marketing information, policies, procedures and manuals through distributors or distribution channels. , research and development and other proprietary substances related to supplier products or supplier activities. The distributor will refrain from using the confidential information unless necessary to exercise its rights or fulfill its obligations under this Agreement. The distributor will also limit the disclosure of confidential information to those who must be aware of such confidential information in order to enable the distributor to comply with its obligations and to enjoy the rights conferred on it by this agreement. These persons are informed of the provisions of this section and agree with them and the distributor remains responsible for any unauthorized use or disclosure of confidential information by any of them.

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