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Resale Price Maintenance Agreement
"I need a Resale Price Maintenance Agreement for my consumer electronics distribution business in Nigeria, covering Lagos and Abuja territories, with specific provisions for quarterly price reviews and seasonal promotional periods starting from March 2025."
1. Parties: Identification of the supplier and reseller, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, relationship between parties, and purpose of the resale price maintenance arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including 'Products', 'Recommended Price', 'Territory', etc.
4. Appointment and Scope: Terms of the reseller's appointment and the scope of their authority to sell the products
5. Pricing Mechanism: Detailed explanation of how resale prices are set, maintained, and adjusted
6. Obligations of the Supplier: Supplier's commitments regarding product supply, pricing information, and support
7. Obligations of the Reseller: Reseller's commitments regarding pricing compliance, marketing, and sales practices
8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
9. Compliance with Laws: Provisions ensuring compliance with competition laws and other relevant regulations
10. Confidentiality: Protection of confidential information exchanged between parties
11. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for dispute resolution
1. Marketing and Promotion: Specific terms regarding marketing activities and promotional pricing, used when the supplier wants to maintain control over promotional activities
2. Online Sales: Specific provisions for online sales channels, included when the reseller operates e-commerce platforms
3. Territory Restrictions: Geographic limitations on sales activities, included when the supplier wants to restrict sales to specific regions
4. Performance Targets: Sales targets and performance metrics, included when the supplier wants to set specific performance requirements
5. Training and Support: Terms regarding product training and technical support, included for complex products or when significant support is required
6. Audit Rights: Supplier's right to audit reseller's compliance with pricing terms, included for closer monitoring of price compliance
7. Force Majeure: Provisions for unforeseen circumstances affecting price maintenance, included when operating in volatile markets
1. Schedule 1 - Product List: Detailed list of products covered by the agreement, including SKUs and descriptions
2. Schedule 2 - Pricing Structure: Comprehensive pricing details, including recommended retail prices and minimum advertised prices
3. Schedule 3 - Territory Definition: Detailed description of the geographic territory covered by the agreement
4. Schedule 4 - Reporting Requirements: Templates and specifications for regular price reporting
5. Schedule 5 - Compliance Procedures: Detailed procedures for maintaining price compliance
6. Appendix A - Approved Marketing Materials: Templates and guidelines for marketing materials and price displays
Authors
Approved Marketing Materials
Authorized Territory
Business Day
Commencement Date
Competing Products
Confidential Information
Customer
Effective Date
Force Majeure Event
Intellectual Property Rights
Minimum Advertised Price (MAP)
Minimum Resale Price
Products
Promotional Period
Recommended Retail Price (RRP)
Resale
Resale Price
Sales Channels
Supplier's Marks
Term
Territory
Trade Marks
Working Hours
Initial Term
Maximum Retail Price
Notice
Online Sales Platform
Permitted Discounts
Price List
Product Categories
Quarterly Review
Renewal Term
Reporting Period
Special Offer
Price Maintenance
Compliance
Territory
Product Supply
Marketing and Promotion
Reporting Requirements
Audit Rights
Confidentiality
Intellectual Property
Term and Duration
Termination
Force Majeure
Representations and Warranties
Competition Law Compliance
Dispute Resolution
Governing Law
Assignment
Entire Agreement
Severability
Notices
Variation
Waiver
Performance Obligations
Non-Circumvention
Anti-Corruption
Data Protection
Record Keeping
Insurance
Indemnification
Consumer Goods
Electronics
Automotive
Luxury Goods
Pharmaceuticals
Fashion and Apparel
Food and Beverage
Cosmetics
Home Appliances
Telecommunications
Industrial Equipment
Legal
Commercial
Sales
Compliance
Business Development
Retail Operations
Distribution
Channel Management
Pricing
Contract Administration
Commercial Director
Sales Manager
Legal Counsel
Compliance Officer
Business Development Manager
Retail Operations Manager
Distribution Manager
Channel Manager
Pricing Analyst
Contract Administrator
Commercial Operations Manager
Brand Manager
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