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Distributorship Agreement

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Title:

Distributorship Agreement

Entities:

Samsung Electronics Co., Ltd.; Atlantic Components Limited; Print Data Corp.

Date:

2003

Size:

Preview shows 3KB of 21KB total

Price:

$35

ID:

#169650

► Licensing ► Distributorship Agreements

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                            DISTRIBUTORSHIP AGREEMENT



THIS AGREEMENT made and entered into this 1st day of May, 1993 by and between

SAMSUNG ELECTRONICS CO., LTD., a corporation duly organized and existing under

the laws of the Republic of Korea with its place of business at Joong-Ang Daily

News Building, 7 Soonwha-Dong, Chung-ku, Seoul, Korea (hereinafter referred to

as "SAMSUNG") and ATLANTIC COMPONENTS LIMITED a corporation duly organized and

existing under the laws of Hong Kong with its principal place of business at

Unit 1103, 11/F., Tower 2, World Trade Square, 123 Hoi Bun Road, Kwun Tong,

Kowloon, Hong Kong (hereinafter referred to as "DISTRIBUTOR").



                                   WITNESSETH



WHEREAS, SAMSUNG is engaged in the business of manufacturing and selling the

semiconductor products; and



WHEREAS, DISTRIBUTOR is engaged in the business of solicitation of orders and/or

distribution of the semiconductor products; and



WHEREAS, SAMSUNG is desirous of granting DISTRIBUTOR distributorship for its

Products in the Territory and DISTRIBUTOR is willing to accept it:



NOW, THEREFORE, for and in consideration of the mutual premises, covenants and

conditions hereinafter set forth, it is agreed between the parties as follows:



Article 1.     Definition



1.1.     "Products" as used in this Agreement shall be expressly confined to

         APPENDIX A



1.2.     "Territory" as used in this Agreement shall be specified on APPENDIX B.



1.3.     "Customer" or "Customers" as used in this Agreement shall mean

         individual, partnership, firm, corporation, association, government or

         any other organization.



1.4.     "SAMSUNG Trademarks" as used in this Agreement shall mean those

         trademarks, tradenames, slogans, labels, logo and other trade

         identifying symbols whether registered or not in the Republic of Korea

         or Territory as are developed and used worldwide by SAMSUNG and/or any

         of its subsidiaries of affiliate companies in connection with any

         Products to be sold by DISTRIBUTOR in the Territory pursuant to this

         Agreement.



1.5.     "Order" or "Orders" shall mean an order from a Customer for a definite

         amount of Products at a specified price and a delivery schedule of less

         than one (1) year. The term "Order" shall not include letters of

         intent, memoranda of intent or understanding, volume purchase

         agreements, blanket purchase agreements, orders with a delivery

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