What Is A Merchandising Agreement?
A Merchandising Agreement is a legally binding contract between two parties in which one party licenses a specified item to another party.
Merchandising Agreement Key Terms
This merchandising agreement template will set out both parties’ roles and responsibilities, and specify who maintains the rights to the item that is being licensed.
Additional terms will include:
- The geographical areas in which the product will be sold
- The length of the agreement
- The financial details including royalties or payments per unit sold