When crafting a distribution agreement, ensure to include clauses to safeguard your interests.
- Definitions
Clearly distinguish each party involved in the conflict, and define key terms throughout the contract
- Individual Roles
Make the individual roles of each party of the contract very clear. Define responsibilities and the obligations of each party
- Pricing and Payment
Define the payment structure and the terms of the payments. Ensure all currency and tax responsibilities are taken into account to prevent any complications.
- Non compete clauses
Including a non compete clause can prevent your distributor from displaying competing films on their platform, therefore limiting direct competition.
- Termination Clauses
It’s important to specify in writing the conditions under which either party can terminate the agreement, such as a breach of conflict, failure to meet targets, or other conditions..
- Force Majeure
Include clauses that account for events outside of both parties’ control that may prevent performance under the agreement.
