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In this tutorial on distribution agreements, the narrator outlines key elements to consider before entering into such an agreement. First, it’s essential to have a clear understanding of the products to be distributed, specifying which products are included to avoid future disputes. This clarity is crucial, especially if exclusive distribution rights are granted, such as in Australia. The agreement should explicitly detail the goods for which the distributor has exclusive rights, ensuring that both parties have a mutual understanding of their respective obligations and rights, thereby minimizing the potential for conflicts later on.
