Common use of Transhipment Clause in Contracts

Transhipment. Distributor shall not directly sell or distribute the product outside the Territory described in Exhibit B without prior written permission of an officer of Supplier. The Distributor acknowledges that such action will cause irreparable and incalculable harm to Supplier. Supplier may terminate this Agreement for cause if Distributor directly sells or Distributes Charity Beverage Products outside the Territory, and Supplier shall be free thereafter to appoint another Distributor in the Territory. In addition to all other remedies available to the Supplier for such breach. Distributor shall pay $5.00 for each case sold of the product found to have been so sold or distributed by Distributor outside of the territory. Only if the supplier Chooses not to terminate.

Appears in 2 contracts

Sources: Distributor Agreement (Creative Enterprises International Inc), Distribution Agreement (Creative Enterprises International Inc)