Common use of Distribution Terms Clause in Contracts

Distribution Terms. 7.1. The worldwide distribution work of the Drama shall be carried out by Party A. As the distributor, Party A shall have the right to charge a distribution fee at a rate to be negotiated between Party A and Party B based on the distribution circumstances of the Drama. 7.2. Both parties shall have the right to execute distribution contracts with relevant buyers and shall promptly notify the other party of the status of distribution contract execution and payment collection. Party B shall have a priority right to receive distribution income within the scope of the income stipulated in this Contract. 7.3. The distribution, sale, or transfer of the Drama must be based on the version approved by the relevant national authorities. Neither party shall have the right to modify this version.

Appears in 2 contracts

Sources: Co Production Agreement (Unitrend Entertainment Group LTD), Co Production Agreement (Unitrend Entertainment Group LTD)