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The narrator provides a checklist for what should be included in a distribution agreement. The first key point is the importance of having a clear understanding of the products involved. The agreement must specify which products the distributor is allowed to distribute, eliminating any future ambiguity regarding rights. This is particularly crucial when exclusive rights are given, such as for distribution in a specific region like Australia. Clearly outlining these exclusive rights in the agreement helps prevent disputes later on, ensuring both parties are aligned on the terms agreed upon.
