exclusive commercial agency agreement – negotiation stage

Messer——————– Company,

I herewith attach a text of exclusive commercial agency agreement, please be kind enough to take a look at it and provide me what with any comments and remarks appropriate.

Please, note the following:

I send our draft of the contract attached which its same to the contract sent by you, but with the addition of the necessary details that must be included in the contract to be clear and no future disputes arise between us, as it shall definitely be the legal reference for both of us. On the other hand, a copy of the exclusive commercial agency contract must be kept in the Saudi Ministry of Trade. In fact, the Saudi Ministry of Trade requires that commercial contract whichever type must be clearly detailed in order to be legally-accepted.

However, the provisions and details contained in the contract sent do not, in any cases, contradict with your draft, but only some details included therein in a manner clarify the rights and obligations of each party.

In addition, some articles, such as the jurisdiction of Saudi court and Saudi Law over any conflict or dispute arise between both parties, may not amend or cancelled because its obligatory by the law . In factual fact, on the one hand, Saudi law is a equitable law and bring justice to both parties, on the other hand, the Saudi courts rule by Sharia legislations, so the Saudi legal system does not favor their citizens or issue illegal or unfair judgments in favor of anyone.

Further, I hope that there will be no any future disputes that force any party resort to judicial system, but if any dispute arises, surely, we will rely on dialogue and negotiation to reach a friendly settlement.

I am looking forward to hear from you and to settle any differences in point of views.

I hope that you will cooperate with us to reach a final conclusion as quickly as possible so that we can move to work, and I am confident that this contract will flow future market profits in a short period of time than you may expect.

Yours Faithfully,

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