Sfc Distribution Agreement

In some jurisdictions, there may be specific laws or rules regarding franchising or distributors (. B, for example, regulations relating to the management of commercial franchises in the People`s Republic of China). Certain clauses contained in franchise or distribution agreements that reduce entry opportunities for other suppliers or distributors may violate competition law in the jurisdiction in which the applicant or his distributors operate. The proponent, in collaboration with legal counsel, should consider whether the applicant can be subject to such legal or regulatory requirements and verify the risk of non-compliance. (vi) If the sales/franchise/transit contract with one of the distributors concerned is to expire within a relatively short period of time (the promoter must use its discretion to determine what may be considered a “relatively short period” since this may vary from company to company, the proponent should ask the applicant who intends to extend the agreement if the distributor has announced its intention to renew the agreement (and if the essential conditions may be changed) and the impact this will have on the business or the commercial results of the note provider if that agreement is not renewed. (ii) the proponent must review the applicant`s internal control measures to verify the performance of its distributors; compliance with the provisions of the sale/franchise/transit contract concerned, as well as the standards and guidelines covered by paragraph 1.3.5(i) ii) if any of the features covered in paragraph 1.2.5, point (a) (a) iii) must end in one of the distribution/franchise/consignment agreements concluded by the applicant; the proponent must discuss with the reporting accountants whether the method of recognition of the applicant`s revenue is appropriate. During the evaluation, the promoter should cooperate with the accountants who reported: 17 26. (i) In SFC Update on Dual Filing of June 17, 2008, the CFS cited a case in which the listing applicant sold its products to a distribution network that then sold the products to retailers for sale to end customers. The rating company recorded revenue growth well above the industry average, but the original draft prospectus did not provide clear information about its distribution network, z.B, when the rating company`s products were in high demand or if revenue growth was supported by actual sales to private customers. It was only following repeated calls from the CFS that the listing candidate provided more information about the sale and storage stock of its distribution network.

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