GreenJuiceTea
Junior Member
I am currently located in Australia. I currently have a marketing agreement set in place with a company, but am looking to hire a lawyer to set up a proper agreement and want to know if it would be more beneficial for me in the future to instead have an exclusive distribution agreement. There are online sales, sales to home selling businesses, and wholesaling to stores in AUS/NZ. The rest of the world's customers will not be included in this agreement. There is a warehouse in Western Australia where product is stocked for AUS/NZ and it is shipped from there. For all AUS/NZ orders, the payments should be sent to either my company or the other company who I am setting an agreement with, and after taking into account all production costs and shipping costs, 50% of profit should go to my company and 50% to the other company. Also, the company who is currently distributing the product is fully insured and the current agreement has the following clause "2.3 The Principal grants the Marketer an exclusive licence to affix and use the Principal’s IP in connection with the manufacture of the Products during the Term in the Territory." - will this mean that I will not require insurance on my end?
Thanking you in advance for any replies.
Thanking you in advance for any replies.