______________________, hereinafter called "the Principal",
on the one part, and ______________________________, hereinafter
called "the Agent", on the other, have herein agreed as follows:
The Principal grants the Agent an exclusive right to sell,
on the territory _________ hereinafter called "the agreed
territory", the following equipmenf and mashinery bought from the
principal, hereinafter called "the equipment":______________
Any sale by the Agent of the equipment on any territory
other than the agreed territory may take place only with the
written consent of the Principal.
The Principal will have the right to sell the equipment on
the agreed territory directly to the third parties, if:
1. The transaction is concluded on the basis o( an offer
made by the Principal prior to the conclusion of this Agreement;
2. The Agent has refused to buy the equipment offered by the
3. The equipment is part of a barter transaction;
4. The equipment is a component part of equipment supplied
by the Principal to another customer;
5. This Agreement has terminated under Articles VI and IX;
6. The equipment is supplied to governmental bodies or
organizations situated on the agreed territory.
Such sales will not constitute an infringement of the terms
and conditions of this Agreement, and the Agent will have no
right to commission.
Exept for the cases mentioned above, when the Principal
sells the equipment on the agreed territory directly to the third
parties the Agent will have the right to receive commission the
amount of which will be fixed in each case by special
arrangements between the Principal and the Agent depending on the
volume of the sale.
In pursuance of this Agreement the parties will conclude
contracts between themselves for the delivery of the equipment
and spare parts.
The equipment bought from the Principal will be sold by the
Agent to third parties in this own name, but factory marks and
signs on the equipment must be left intact.
Prices to be paid by the Agent for the equipment bought from
the Principal will be fixed in contracts concluded between the
parties under Article II of this Agreement.
The difference between the price, at which the Agent buys
the equipmenf from the Principal, and the price, at which he
sells the equipment, will constitute the Agent's commission and
will cover all overhead expenses connected with advertising and
selling the equipment.
The Agent undertakes to sell the equipment, bought from the
Principal, at prices not detrimental to the sales of the
equipment due to the prices being too high.
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