Distributorship Agreement

DISTRIBUTORSHIP AGREEMENT This Agreement is executed on [effective_date] between [principal_name] (hereinafter "the Principal") and [distributor_name] (hereinafter "the Distributor"). 1. APPOINTMENT The Principal appoints the Distributor to market and sell [products_covered] within the territory of [territory]. 2. TERM This Agreement shall remain in force for [term_years] years from the effective date, unless terminated earlier. 3. NON-EXCLUSIVITY Unless otherwise agreed in writing, this appointment is non-exclusive and the Principal may appoint other distributors within the same territory. 4. OBLIGATIONS OF THE DISTRIBUTOR The Distributor shall use best efforts to promote and sell the products, maintain adequate stock, and not make representations beyond those authorized by the Principal. 5. TERMINATION Either party may terminate this Agreement by giving written notice as agreed between the parties. IN WITNESS WHEREOF the parties have executed this Agreement on the date first written above. PRINCIPAL DISTRIBUTOR [principal_name] [distributor_name]