PRG appoints Distributor as a non-exclusive distributor of PRG's plant-based supplements and herbal oils in the defined Territory. The Distributor shall actively promote, market, and sell the products in a professional manner while maintaining PRG's brand integrity.
The Agreement shall commence on the Effective Date and remain in effect for five (5) years, with automatic renewal unless terminated by either party with a 90-day written notice. PRG reserves the right to terminate the Agreement immediately in case of material breach.
Distributor shall ensure that PRG products are stored, handled, and marketed according to the highest industry standards. Compliance with all local and international regulations is mandatory.
PRG shall provide Distributor with wholesale pricing, along with an additional volume-based discount structure to encourage higher sales. Payments shall be made in advance or via an approved credit agreement.
Distributor acknowledges that all trademarks, patents, branding, and formulations of PRG remain solely owned by PRG. Unauthorized use, modification, or reproduction is strictly prohibited.
PRG shall arrange for FOB (Free on Board) shipping to Distributor’s designated port unless otherwise agreed. The Distributor shall handle customs clearance and import duties.
This Agreement shall be governed by and interpreted in accordance with the laws of England and Wales. Any disputes shall be settled through arbitration under the rules of the International Chamber of Commerce (ICC).
Distributor agrees to maintain the strict confidentiality of PRG’s trade secrets, research data, and pricing structures. Violation may lead to legal action.
Neither party shall be held liable for failure to perform obligations due to unforeseen circumstances such as natural disasters, government restrictions, or war.
This Agreement supersedes all prior agreements between the parties. Amendments must be made in writing and signed by both parties.
PREMIER RESEARCH GROUP
Authorized Representative: _______________
Date: _______________
DISTRIBUTOR
Authorized Representative: _______________
Company Name: _______________
Date: _______________