Dealership Agreement - India by PrestigeLegalDoc

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									                       DEALERSHIP AGREEMENT

THIS AGREEMENT made effective on this ……………day of……………, 20….

BETWEEN ……………………………., a company incorporated under the Companies Act,
1956 and having its registered office at …………………………………(hereinafter called the
“Company” which expression shall, unless the context admits otherwise, includes its
representatives) of the ONE PART;

AND       ……………………………,                the    firm,    having    offices    at………………
…………..…………….. (hereinafter called “the Dealer” which expression shall, unless the
context admits otherwise, include its heirs, executors, administrators, representatives and
assigns) of the OTHER PART.


WHEREAS the Company is engaged in the business of manufacturing
……………………………………………………………………….. (hereinafter referred to as
the “Product(s)”).

WHEREAS, the Dealer has its own well-established marketing network and is engaged in selling
products and goods of various manufactures.

WHEREAS the Dealer is desirous of selling the Products manufactured by the company and the
Company, after having considered the proposal of the Dealer, has agreed to appoint it as its
dealer on the terms and conditions as hereinafter appearing.


NOW THIS AGREEMENT WITNESSES as under :


1.     APPOINTMENT OF DEALER

The Company hereby appoints the Dealer as its sole dealer in the territory (the “Territory”) as
described in Schedule A annexed to this Agreement, for selling the products manufactured by the
Company, (the “Product”) as described in the Schedule B annexed hereto upon the terms and
conditions as set forth herein.


2.     TERM

This agreement shall come into effect from __________________, and shall remain in force for
a period of ……………. years. However, this term may be extended by the parties hereto, for
similar periods and on the terms and conditions as may be agreed by and between them.




Dealership Agreement                                                                      1
3.      TERMINATION

Either party may terminate this Agreement, with or without cause, by giving thirty (30) days
written notice to the other party.


4.      INFRASTRUCTURE

The Dealer has represented and assured to the Company, about the availability of a
showroom/outlet/warehouse and other existing infrastructure facilities which shall be utilised in
marketing and selling the Products, during the term of this agreement.

The Dealer shall be responsible for the rent and other expenses of such showroom/warehouse
occupied by him for the purpose of agency business. He shall at his own expense keep the
company's Products insured against all risks. Company will not be liable or responsible for the
expenses relating to or incidental to the said dealership.


5.      SECURITY DEPOSIT

The Dealer in order to ensure the due performance of its obligations under this Agreemen
								
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