Equipment Dealer Agreement

2) forced an agricultural equipment trader to refuse to buy agricultural equipment produced by another agricultural equipment producer; X. TRADEMARKS/TRADE NAMES Distributors have the right to use the company`s name and trademarks in the normal distribution of the company`s products and the performance of related services under this agreement. The trader undertakes not to use the name of the company as part of the dealer`s name or in a way that would distort the relationship between the trader and the company. The distributor may present itself as an “authorized distributor” of the company and, with the company`s prior approval, use the company`s name and trademarks related to the product on panels or other advertising or promotional materials. The distributor`s license to use the company`s name and trademarks is limited and the distributor occasionally complies with the restrictions and restrictions imposed by the company. At the end of the agreement, the distributor will immediately cease to represent itself as the company`s distributor and will cease to use all company names and trademarks, as well as any signs or other materials of any kind that identify the merchant as the company`s trader, will be removed or removed. The manufacturer must not only tell the distributor a good cause (below, below) at least 90 days in advance in writing on the termination, termination or non-renewal of the dealership contract. The trader then has 60 days to correct an alleged defect. Mr. Subd. 8.

Alternative terms of sale. A distributor may accept alternative repayment terms instead of subdivision 2 to 7 requirements, provided there is a written dealer agreement between the agricultural equipment manufacturer and the distributor, which imposes compensation on the distributor for warranty work costs such as: (1) a discount in the pricing of equipment to the distributor; or (2) a lump sum payment to the merchant. The discount or package should not be less than 5% of the recommended sale price of the equipment. If the requirements of this subdivision are met and other conditions apply, Subdivisions 2 to 7 do not apply and alternative sales conditions apply.

Posted in Uncategorized