Ensuring Electronic Signature Lawfulness for Distributor Agreement in Canada

How to eSign a document: electronic signature lawfulness for Distributor Agreement in Canada

good day my name is Nicholas c'mon Lo and I'm an attorney convent's a notary public and mediator good afternoon my name is max Reiner I'm a candidate attorney here at school and law incorporated in Cape Town where we be proudly assisting entrepreneurs since 2007 today we'll be talking about distribution agreements these agreements are often very much misunderstood and placed into proverbial box where they are ultimately only related to logistics of imported goods this of course is very much not the case and these agreements are quite useful in expanding your business in to other jurisdictions or in other parts of the same country these can take the form of involving the whole process of from import for example right through to ultimate delivery or it can involve the distribution of the the spreading the Unseld whatever one terms it of a specific set of goods or products ultimately though it's important to reduce these agreements in writing and that both parties to fully understand what the rights duties and obligations and the name implies a distribution agreement refers mostly to tangible goods but can also refer to intangible goods an example of intangible goods for example is software we in the case of tangible goods one must consider the nature of the goods in question whether they're perishable breakable and so forth another important aspect to consider is the exclusivity will it be open to various distributors or will one distributor have exclusive rights to do so unless specified otherwise the risk will generally love with the purchaser distribution agreements are useful for regulating that men and time of delivery how to how to address how to address the passing a risk as well as various other aspects it is important that these agreements although they may include provisions that mirror other types of agreements are carefully considered so often we see in practice that these agreements often also embody an element of agency or representation or a right of representation so that the distributor may enter into agreements on behalf of the person importing of the Creator or the manufacturer of the goods so often these provisions are included we also see many instances that there's a profit sharing arrangement built into the agreement and sometimes even a restraint so it really depends on the nature of the business the type of goods that we are talking about and to construct the agreement in such a way that this absolute clarity on the part of both parties as to how some of the commercial aspects as well as the legal aspects will be handled for more information about any of these topics please go to our website at .ge.com videos and articles please also feel free to like share or comment in the comment box below let us have your views or your questions on this video and if you need a distribution agreement of your own so that you may expand your business in more cost-effective ways than perhaps opening another branch in a foreign jurisdiction then you may use our online contract builder tool the SME self service desk which you can generate your own distribution agreement from for less than 600 grand or you can contact us for assistance to access the discs go to .fema.gov services for more information or go to the login page directly at Scamander comm thank you so much for joining us bye-bye