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Document Id : 5253
File Type : Microsoft Word
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Letter of Intent for Exclusive Distributorship
Manufacturers and suppliers, negotiate contracts with distributors to sell your products with this Letter of Intent for Exclusive Distributorship.
- The distributor will have the exclusive right to distribute the products within its territory, and a right of first refusal on additional territories.
- The distributor will be an independent contractor, and not an employee or agent of the supplier.
- The supplier will provide products of the highest quality, with all applicable warranties.
- Target markets are identified.
- The Letter of Intent itself is an agreement in principle, not a legal contract, and is not legally binding except as it relates to the negotiations between the parties, such as confidentiality provisions.
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