Document background
An Exclusive Sales Agreement is essential when a supplier wishes to establish a dedicated distribution channel in a specific territory under Singapore law. This document grants one distributor the exclusive right to sell products in a defined area, typically used when companies want to maintain control over their distribution network and ensure focused market development. The agreement comprehensively covers exclusivity terms, territorial restrictions, performance expectations, and compliance with Singapore's regulatory framework, particularly the Competition Act and Sale of Goods Act. It's particularly valuable for businesses entering new markets or restructuring their distribution strategies in Singapore and surrounding regions.
