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The narrator discusses key components to include in a distribution agreement. To avoid future disputes, it is essential to clearly define the products involved in the agreement, specifying which goods the distributor is authorized to distribute. This clarity is particularly important when exclusive rights are granted, such as in a specific region like Australia. The agreement should explicitly outline these exclusive rights to ensure both parties have a mutual understanding of their obligations and entitlements. Establishing these details helps prevent any ambiguity or disagreement later on regarding distribution rights.
