(a) obligations of confidentiality and non-use. Unless the disclosed party authorizes it in advance in writing, or unless expressly authorized by this Agreement, the receiving party will not use the disclosing party`s confidential information or use third parties for the duration and for a period of [insert number in words] ([insert number]) years later, unless required by law or court order. The receiving party may disclose the confidential information of the disclosed party only to those of its collaborators or contractors who need to know this information. In addition, before disclosing such confidential information to any such personnel or subcontractor, such personnel or contractor shall be informed of the confidentiality of the confidential information and shall establish a confidentiality agreement that contains or is already bound by the terms of this Agreement. In any event, the receiving party is responsible for any breach of the terms of this Agreement by any of its employees or contractors. The receiving party shall apply the same degree of due diligence in order to avoid disclosure of the disclosing party`s confidential information, such as the receiving party with respect to its own confidential information of the same importance, but not less than a reasonable level of due diligence. The provisions on cooperation between a supplier and a distributor are contained in an agreement and the EDA is an example of such an agreement. Guide to Exclusive Distribution AgreementsThe exclusive distribution agreement consists of a number of clauses. The most complicated ones are explained here. A distribution contract usually consists of two parts: the EDA is structured in such a way that the conditions under which the distributor has the right to resell the supplier`s products are set by the EDA, while the conditions for the purchase of the supplier`s products by the distributor are governed by the supplier`s general terms and conditions of sale (GTC). 2 (a) Date You must decide whether the distributor should be granted an exclusive or non-exclusive right to sell your products.
If the distributor has to sell your products exclusively, it means that you cannot sell the products in the agreed geographical area except through the distributor. . . .