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Medical Device Distributor Agreement Template

by admin on September 27th, 2021

11.5 Sale upon termination. If the term of this Agreement expires or if this Agreement is terminated by Suzuken as a result of an infringement committed by Given Japan, Suzuken has the right to sell the Products in its inventory or (ii) Given Japan to purchase the Products in good condition and in good condition for sale in its stock at the purchase price. Without prejudice to the foregoing, suzuken may continue to sell the Products to its existing customers until Given Japan or its newly designated distributor are able to make the Products available to such customers if this Agreement expires as a result of an infringement committed by Given Japan or if it is terminated by Suzuken. In the event that this Agreement is terminated by Given Japan as a result of an infringement committed by Suzuken or in accordance with Section 11.4, the parties will discuss with Marubeni and Given Imaging the transfer of Suzuken`s customer accounts to Given Japan or its newly appointed distributor in order to obtain a continued sale of the Products to Suzuken`s existing customers.

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