Clause
4. (Stock and After-Sales Services)
You
shall maintain adequate stocks of the Products so as to
enable you to supply promptly all orders reasonably
anticipated in the Territory, and also maintain
qualified mechanics and sufficient repair facilities so
that reasonable after-sales services may be offered to
your customers.
Clause
5. (Exclusivity)
1)
You shall not, during the term of this Agreement,
distribute any products that directly or indirectly
compete with the Products.
2)
We shall not, during the term of this Agreement, appoint
any other distributor for the Products in the Territory
and shall not supply, export or sell the Products to any
other person in the Territory.
Clause
6. (Termination of This Agreement)
This
Agreement shall continue in force for one year after the
signing of this Agreement and shall continue thereafter
until such time as it is terminated by either of us by
giving written notice of termination to the other at
least ninety (90) days prior to the date of termination.
Any such termination shall not affect any existing
order, obligation or other commitment incurred prior to
the receipt of such notice.
If the foregoing correctly sets forth our understanding, will you please
so signify by signing your name at the foot of this
letter.
CHIBA
ELECTRONICS CO., LTD.
(Signature)
Shozo
Kume
Executive Managing Director
Exhibit:
Standard Order Form and General Terms and Conditions of
Business
Accepted
and agreed to
on December
, 20xx@
KINGSBURY TRADING LTD
(Signature)
Ralph Williamson
Managing Director
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