Non Distribution Agreement Template for Hong Kong

1. Existing Relationships: Addresses treatment of pre-existing distribution relationships or contracts

2. Transition Period: Establishes a phase-out period for existing distribution activities

3. Permitted Activities: Specifies any exceptions to the non-distribution obligations

4. Compliance Requirements: Details specific regulatory or industry compliance obligations

5. Audit Rights: Grants rights to audit compliance with non-distribution obligations

6. Non-Compete: Additional restrictions on competitive activities

7. Insurance: Requirements for insurance coverage

8. Force Majeure: Provisions for handling events beyond parties' control

1. Schedule 1 - Restricted Products/Services: Detailed list of products or services subject to non-distribution

2. Schedule 2 - Territory Definition: Detailed description or maps of restricted territories

3. Schedule 3 - Existing Distribution Arrangements: List of current distribution arrangements to be terminated or phased out

4. Schedule 4 - Compliance Requirements: Specific regulatory or industry compliance requirements

5. Schedule 5 - Contact Details: Key contact information for both parties

6. Appendix A - Form of Compliance Report: Template for periodic compliance reporting if required

7. Appendix B - Permitted Activities: Detailed description of allowed activities that don't constitute distribution