DISTRIBUTORSHIP AGREEMENT
This Distributorship Agreement(this Agreement ) is made and entered into this day of 20 by and between ,a corporation duly organized and existing under the laws of with its principal place of business at 주소,a corporation duly organized and existing under the laws of the Republic of Korea (Korea ) with its registered head office at , Korea (the Manufacturer).
WITNESSETH :
WHEREAS, the manufacturer is a company with extensive experience in the manufacture and sale of and other products and is willing to grant to the Distributor the right and license to distribute and sell the Products (as hereinafter defined) in the Territory (as hereinafter defined) ; and
WHEREAS, the Distributor is a company engaged In the business of and desires to obtain the right and license from the Manufacturer to distribute and sell the Products in the Territory.
NOW THEREFORE, in consideration of the mutual promises, obligations and agreements contained herein, the parties hereby agree as follows :
Article 1. Definitions
The terms defined in this Article shall have the meanings ascribed to them herein whenever used in this Agreement :
1-1 Effective Date shall mean the date on which this Agreement has been duly executed by the authorized representatives of the parties,and all required government approvals have been obtained.
1-2 Products shall mean the items which the Distributor is hereby granted the right and license to distribute and sell in the Territory, and as are more particularly described in Appendix A hereto. The products shall also mean any additional items which the parties may from time to time agree in writing to include within the scope of Appendix A; provided, however, that the manufacturer may upon sixty(60) |