Annual Sales Target Agreement

You can manage the termination of the contract and its consequences in different ways. You can start with a fixed term or have an open-ended agreement that can be terminated if a party indicates it. You should opt for advance notice. They should also provide for termination in other circumstances, for example. B if the merchant becomes insolvent or if he violates the agreement. In particular, you need to emphasize how the action will be eliminated after the end of the agreement. Each month, the distributor must send the supplier, by e-mail, a 3-month, non-binding revenue forecast of the expected sales of supplier products in the region. In addition, the distributor must provide such other information in a timely manner in response to the provider`s requests for information on the distributor`s activities in the territory.

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