RESELLER AGREEMENT

RESELLER AGREEMENT

This Reseller Agreement is made on [DATE] (hereafter the “Effective Date”) between [Name of
Distributer’s Company], with its principal place of business at ADDRESS and
[Business name of retailer], with its principal place of business at ADDRESS.
NOW, THEREFORE, in consideration of the premises, and of the mutual promises and
undertakings herein contained, the parties, intending to be legally bound, do agree as follows:

  1. Appointment and Authorization of Reseller
    Distributor hereby authorizes and appoints Retailer and Retailer accepts the authorization
    and appointment, as Distributor’s exclusive reseller, to market, sell, or incorporate for
    resale the distributor’s Products listed in the [ATTACHMENT] attached to this
    agreement.
  2. Exclusivity
    The reseller agrees to exclusively market, sell, or incorporate for resale the distributor’s
    Products only. The reseller shall not engage in any other Hemp or CBD based products
    without notifying the distributor.
  3. Revision of Authorization.
    Distributor may revise the list of Products by giving retailer written notice, and
    cooperating with retailer to draft, execute, and attach to this agreement an amended list of
    Products reflecting the revisions.
  4. TERM
    This Agreement shall be operative from the date of execution of this Agreement
    (effective date) and shall run for 3 months or until the Agreement is terminated according
    to this Agreement.
  5. PAYMENT TERMS
    Retailer agrees to make full payments before products are shipped.
  6. CONFIDENTIALITY AND NON DISCLOSURE
    Neither Party will use, copy, adapt, alter or part with possession of any information of the
    other which is disclosed or otherwise comes into its possession under or in relation to this
    Agreement and which is of a confidential nature. This obligation will not apply to
    information which the recipient can prove was in its possession at the date it was received
    or obtained or which the recipient obtains from some other person with good legal title to
    it or which is in or comes into the public domain otherwise than through the default or
    negligence of the recipient or which is independently developed by or for the recipient.
  7. INTELLECTUAL PROPERTY
    Both parties agree to respect the intellectual property of the other by not infringing
    intellectual property rights.
  8. TERMINATION
    8.1 Either Party to this Agreement may terminate this Agreement upon a written notice of
    termination to the other Party. Unless otherwise mutually agreed to in writing, upon
    the termination of this Agreement, any arrangement then in effect will immediately
    terminate.
    8.2 Breach of any provisions of this agreement may lead to early termination
    8.3 The distributor may terminate this agreement at will in the event where the retailer
    misrepresents distributor’s brand, slanders the name of the distributor’s company in
    favour of another company’s product.

8.4 In the event where the Retailer makes health claims, this agreement will immediately
terminate.

  1. ENTIRETY
    This contract represents the entire agreement between the two parties and supersedes any
    previous written or oral agreement. This agreement may be modified at any time,
    provided there is written consent of both parties to this contract.
  2. SEVERABILITY
    The parties agree that if any portion of this contract is found to be void or unenforceable,
    it shall be struck from the record and the remaining provisions will retain their full force
    and effect.
  3. JURISDICTION
    This contract shall be governed, interpreted, and construed in accordance with the laws of
    TEXAS

In Witness Whereof, this Agreement is duly executed by the duly authorized representatives of
the parties as set forth below:

Retailer’s Signature Date

Distributor’s Signature Date

At Legal writing experts, we would be happy to assist in preparing any legal document you need. We are international lawyers and attorneys with significant experience in legal drafting, Commercial-Corporate practice and consulting. In the last few years, we have successfully undertaken similar assignments for clients from different jurisdictions. If given this opportunity, The LegalPen will be able to prepare the legal document within the shortest time possible. You can send us your quick enquiry ( here )