This new agreement will be renewed for a five-year period starting July 1, 2009. Here are the terms of the new agreement: with the signing of the new agreement, all EON distributors and distributors will follow a migration process to the Proton Edar distribution and service network from 1 July 2009. After the migration process, EON will no longer have negotiators (sale and resale) for Proton vehicles after December 31, 2009. In an exclusive distribution agreement, the supplier instructs the distributor to market its products within an area defined in the agreement. As a general rule, the supplier will also impose certain conditions on the distributor while retaining the intellectual property rights. Proton Edar has signed a new master-dealer contract with EON for the sale and service of Proton vehicles in Malaysia. The new agreement provides for a rationalization of the distribution network. g. Full agreement.
This agreement contains the entire agreement between the parties with respect to the proposed transactions and replaces all previous written and oral agreements as well as all concurrent oral agreements relating to these transactions. In an exclusive distribution agreement, the supplier instructs the distributor to market its products within an area defined in the agreement. E. The company`s performance of this distribution agreement and the company`s performance of its obligations and obligations under this agreement do not violate an agreement in which it participates or is bound by other commitments, and g. The obligations of the recipient party under this section 6 remain in the event of termination or non-renewal of that contract for a period of [number of years] of years. In order to avoid any doubt, the distributor`s client and negotiator lists are considered protected information under this agreement. d. Sub-agents. The distributor may designate sub-agents, negotiators, sub-representatives or others who act on behalf of the distributor or otherwise fulfill the distributor`s obligations under this agreement within the territory; provided that (i) any compensation for these sub-agents, sub-agents, sub-representatives or other persons, to act on behalf of the distributor or to discharge any other of the distributor`s obligations, is exclusively the responsibility of the distributor, and (ii) that appointment does not deprive the entity of the essential rights to which it is entitled under this Agreement.