Common use of Distributorship Clause in Contracts

Distributorship. 2.1 UNRG appoints ALAMEDA as its exclusive distributor for the Products described on Exhibit "A" for the United States, Canada, Puerto Rico, Mexico, South America, Central America and the Caribbean, for the term of this Agreement subject to the conditions set 2.2 UNRG grants ALAMEDA the right to purchase the Products described in Exhibit "A" at prices mutually agreed to between the parties from time to time. Notwithstanding the foregoing, ALAMEDA shall have the right to purchase the Products described in Exhibit "A" at the prices set out in Exhibit "A". Prices are guaranteed through December 31, 2002. 2.3 All of such prices may be adjusted by UNRG to reflect documented raw material or manufacturing price increases or decreases on a dollar- for-dollar basis. Such adjustments shall become effective only upon the expiration of thirty (30) days after written notice of the adjustment shall have been given by UNRG to ALAMEDA, accompanied by a copy of a vendor invoice or other document reflecting the particular increase in cost of materials or manufacturing incurred by UNRG. 2.4 All prices are F.O.B. UNRG's manufacturing facilities. Risk of loss shall pass at the time of shipment from such facility. 2.5 UNRG will supply ALAMEDA such quantities of Products necessary for ALAMEDA to satisfy purchase orders obtained by ALAMEDA. 2.6 UNRG will permit ALAMEDA to advertise, sell and distribute the Products under the ALAMEDA label or such other label selected by ALAMEDA (including UNRG's labels and trademarks), with the approval of UNRG, which approval shall not be unreasonably withheld. 2.7 UNRG will invoice ALAMEDA for Products shipped (cost of shipping and freight to be paid by ALAMEDA) on the day of shipping of the product to ALAMEDA's specified United States location. 2.8 Payment terms are as set forth on Exhibit "A".

Appears in 2 contracts

Sources: Exclusive Distribution Agreement (United Energy Corp /Nv/), Exclusive Distribution Agreement (United Energy Corp /Nv/)