Distributor Rights Clause Samples
Distributor Rights. DISTRIBUTOR specifically reserves the right, on prior written notice to Broker-Dealer, to:
(a) discontinue, withdraw or suspend sales of any Contract from any state or territory;
(b) modify or change the condition or terms under which any Contract may be offered;
(c) modify, amend, delete or add any DISTRIBUTOR rule or procedure;
(d) cease doing business in any state;
(e) in its sole discretion and without recourse, disapprove the proposed appointment of a sub-agent or terminate the appointment of a sub-agent at any time with timely notice to Agent; and
(f) have access to its appointed agents to deliver product and administrative training. Any change resulting from the exercise of these rights by the DISTRIBUTOR will be effective immediately upon receipt of written notice by Agent, unless otherwise provided in the notice.
Distributor Rights. All BF International distributors are authorized to sell BF International products and to participate in the BF International Rewards Plan. All BF International distributors may sponsor new distributors.
Distributor Rights. All ▇▇▇▇▇ distributors are authorized to sell ▇▇▇▇▇ products and to participate in the ▇▇▇▇▇ Rewards Plan. All ▇▇▇▇▇ distributors may sponsor new distributors.
Distributor Rights. All OLYLIFE distributors are authorized to sell OLYLIFE products and to participate in the OLYLIFE Rewards Plan. All OLYLIFE distributors may sponsor new distributors.
Distributor Rights. Adial agrees to appoint Avalon as a non-exclusive sub-distributor of the Adial Devices in the Territory (as hereinbelow defined) and Avalon agrees to evenly split with Adial all Net Profits from any revenue received from the sale of the Adial Devices by Avalon or an Avalon Affiliate as defined below:
Distributor Rights. We may, on notice to you, in its sole discretion and without recourse, take any of the following actions:
(a) discontinue, withdraw or suspend sales of any Contract from any state or territory;
(b) modify or change any Contract form or the conditions or terms under which any Contract may be offered;
(c) modify, amend, delete or add any procedure, rule, instruction, guideline or requirement;
(d) cease doing business in any state;
(e) have reasonable access to you and your employees, associate persons and Subagents to deliver product and administrative training;
(f) reject applications for Contracts without specifying a reason; and
(g) disapprove the appointment of any Subagent proposed by you or terminate the appointment of a Subagent at any time.
Distributor Rights. (a) Subject to the terms and conditions of this Agreement, during the Term of this Agreement, the Company hereby (i) appoints the Distributor and each of its Affiliates as the exclusive distributor of the Products in the Territory; and (ii) grants the Distributor and each of its Affiliates an exclusive, royalty-free license under the Product Rights to Commercialize the Products in the Territory. The foregoing appointment and license grant are referred to collectively as the “Distributor Rights.”
(b) Within the scope of the Distributor Rights and subject to the terms and conditions of this Agreement, the Company shall sell Products to the Distributor and its Affiliates, who shall have the right to Commercialize the Products both directly to customers and indirectly through their network of independent distributors and other Marketing Partners. Solely to facilitate such indirect Commercialization, the Distributor and its Affiliates shall have the right to appoint sub-distributors and to grant non-exclusive, royalty-free sublicenses under the Distributor Rights. References herein to the “Distributor” shall be deemed to include its Affiliates and authorized Marketing Partners and sub-distributors for purposes of determining (i) the Distributor’s satisfaction of its obligations hereunder (including the Minimum Order Threshold), (ii) the Distributor’s achieving the First Extension Threshold, and (iii) the Persons who are entitled to exercise the rights of the Distributor to submit Firm Orders. Notwithstanding the foregoing, any proposed sub-distributors and Marketing Partners in the United States, other than the Pre-Approved Sub-Distributors and Marketing Partners, must be approved in advance by the Company, which approval shall not be unreasonably withheld, conditioned or delayed.
(c) Except as provided in this Agreement with respect to or on behalf of the Distributor and its Affiliates, for as long as the Distributor Rights are exclusive, the Company shall not, directly or indirectly, on its own behalf or through any Third Party, sell or otherwise Commercialize Products or Baxter Competitive Products in the Territory.
(d) The Distributor, its Affiliates, Marketing Partners and sub-distributors shall not have any Distributor Rights or Product Rights to Commercialize the Products outside the Territory or other than as specifically provided in this Agreement.
(e) Except as provided in this Agreement (including Sections 3.4 and 3.5), during the Term, the Distribut...
Distributor Rights. All TAUKEMAS distributors are authorized to sell TAUKEMAS products and to participate in the TAUKEMAS Rewards Plan. All TAUKEMAS distributors may sponsor new distributors.
Distributor Rights. Subject to the terms and conditions contained ------------------ herein, MSI hereby grants to the Company, and the Company hereby accepts, the exclusive, non-transferable and indivisible right to market the Software in the Territory during the term hereof solely for distribution to Customers located in the Territory. The Company shall have no right to assign or otherwise transfer any or all of its rights under this Agreement except as may be otherwise provided in Section 2(d) hereof with respect to the distribution to Customers. It is the intention of the parties to amend Appendix A of this Agreement from time to time to include within the definition of "Software" under this Agreement, all computational chemistry software products that are developed or marketed by MSI or its subsidiaries in the future during the term of this Agreement, including extensions of, replacements for, or improvements of the software products presently enumerated on Appendix A; provided, however, that MSI may at its option exclude from "Software" and the scope of this Agreement, software products for which it does not have distribution rights for the Territory due to limitations or restrictions imposed by the supplier or party providing such software products to MSI. Notwithstanding the grant of exclusivity under this Section 2(a), MSI may, upon prior notice to the Company distribute Software to third parties outside the Territory who will bundle the Software with hardware and distribute those bundled products in the Territory, provided that such bundling shall be on an OEM basis.
Distributor Rights
