DISTRIBUTORSHIP AGREEMENT CHECKLIST

1. Legal Identity of the Parties (it is important that the identity reflect the legal names of the entity(ies) and/or individual(s) and the State or Country where the entity is registered, as well, as the full address).
    

2. Appointment of Distributor (or Seller, Reseller or broker)
      a. Specify agreement to be an exclusive or non-exclusive distributor/seller/reseller/broker agreement;
      b. Set forth territory;
      c. Specify if there is a right to bind supplier; and
      d. Permit or prohibit assignments of the contract and/or appointment of sub-distributors.

3. Term and Termination of the contract 

4. Define Products or Services and reservation of rights, right of first refusal, etc.


 5. Clearly set forth Pricing terms (e.g. intial, notice for changes, etc.)
    
 6. Terms of Payment (Currency, Letter of Credit, etc.)

7. Performance requirements (sales targets, remedial measures, etc.) 

8. Procedures related to Ordering and Shipping (risk allocation, etc.)

9. Supplier's Responsibilities (min. & max. order, tech. support, marketing, etc.)

10. Distributor's Responsibilities (inventory, reporting, training, etc.)

11. Government filings or approval (allocation of responsibility,etc.)

12. Warranty (minimum warranty required by law, defective product procedure, etc.)

13. Intellectual Property rights (parties rights, granted and reserved, etc.)

14. Termination (auto renew, special circumstances, etc.)

15. Non-Circumvention & Confidentiality terms

18. Dispute Resolution process.

19. Non-compete provisions.