Document background
The Supply And Distribution Agreement is a crucial commercial contract used when a supplier or manufacturer wishes to establish a formal relationship with a distributor for the sale and distribution of their products. This document is particularly relevant in Hong Kong's vibrant trading environment, where it needs to comply with local laws including the Sale of Goods Ordinance and Competition Ordinance. The agreement typically covers essential elements such as appointment terms, territory definitions, pricing structures, minimum purchase requirements, performance obligations, and intellectual property rights. It's designed to provide clear guidelines for both parties while ensuring compliance with Hong Kong's legal framework, making it suitable for both domestic and international trade relationships. The document is especially important given Hong Kong's position as a major commercial hub in Asia, often serving as a gateway for international trade.
