Oklahoma Wellcraft Master Dealer Agreement

• Category: Corporations - Public - Master Dealer
• State: Multi-State
• Control #: US-EG-9206
• Format: Word; Rich Text

Description

Wellcraft Master Dealer Agreement between Wellcraft Marine Corporation and Travis Boats and Motors, Inc. wherein Wellcraft is engaged in the manufacture of recreational power boats and accessories and the sale of certain accompanying engines (Products) The Oklahoma Well craft Master Dealer Agreement is a comprehensive contract that outlines the relationship and terms between Well craft, a leading boat manufacturer, and its authorized dealers in the state of Oklahoma. This agreement serves as a legal document that establishes the obligations, rights, and responsibilities of both Well craft and the dealer. The Oklahoma Well craft Master Dealer Agreement typically includes various sections and clauses that cover important aspects of the business arrangement. These may include: 1. Appointment and Territory: This section specifies the authorized dealer's exclusivity within a defined territory or geographic area in Oklahoma. It outlines the rights and limitations of the dealer to sell Well craft boats and related products. 2. Dealer Obligations: This part outlines the dealer's responsibilities, such as maintaining a showroom, stocking an adequate inventory, and providing necessary facilities to showcase and promote Well craft boats. 3. Sales Performance: This section establishes the sales targets and expectations the dealer must achieve within a specified period. It may include minimum sales volume requirements or performance standards that need to be met to maintain the dealership. 4. Advertising and Marketing: This part details the dealer's obligations to promote Well craft products through marketing campaigns, including advertising materials, online presence, and participation in trade shows or boat shows as agreed upon with Well craft. 5. Parts, Service, and Warranty: This section addresses the dealer's responsibility to provide after-sales support, warranty repairs, and maintenance services to Well craft customers. It outlines the procedures, reimbursement policies, and any additional requirements for parts ordering and service record keeping. 6. Trade-In and Wholesale: In this section, the agreement may include provisions for the dealer's participation in trade-ins of used boats and the wholesale purchase of Well craft products for resale to other authorized dealers, boat clubs, or rental/charter companies. 7. Termination: This part outlines the conditions under which either party can terminate the agreement, including breaches of the contract, failure to meet performance requirements, or changes in the business environment. It may also specify any notice periods or dispute resolution procedures in case of termination. Different types of Oklahoma Well craft Master Dealer Agreements may exist based on specific dealer categories or arrangements, such as: 1. Authorized Dealership Agreement: This is the standard agreement between Well craft and an authorized dealer, outlining the general rights and responsibilities of the dealership. 2. Exclusive Dealership Agreement: This type of agreement grants the dealer exclusive rights to sell Well craft boats within a specific territory in Oklahoma. This ensures limited competition and allows dealers to capitalize on their market position. 3. Non-Exclusive Dealership Agreement: In contrast to the exclusive agreement, this type allows the dealer to sell Well craft boats alongside other boat brands. This could appeal to dealers seeking a broader product range to offer their customers. 4. Sub-Dealer Agreement: Well craft may authorize a larger dealer or distributor to establish sub-dealerships within Oklahoma. These sub-dealers operate under the terms and conditions set forth in the master dealer agreement, adapting some provisions as necessary. It's important to note that the specifics and variations of the Oklahoma Well craft Master Dealer Agreement can vary depending on negotiation between Well craft and the individual authorized dealer or dealership.

The Oklahoma Well craft Master Dealer Agreement is a comprehensive contract that outlines the relationship and terms between Well craft, a leading boat manufacturer, and its authorized dealers in the state of Oklahoma. This agreement serves as a legal document that establishes the obligations, rights, and responsibilities of both Well craft and the dealer. The Oklahoma Well craft Master Dealer Agreement typically includes various sections and clauses that cover important aspects of the business arrangement. These may include: 1. Appointment and Territory: This section specifies the authorized dealer's exclusivity within a defined territory or geographic area in Oklahoma. It outlines the rights and limitations of the dealer to sell Well craft boats and related products. 2. Dealer Obligations: This part outlines the dealer's responsibilities, such as maintaining a showroom, stocking an adequate inventory, and providing necessary facilities to showcase and promote Well craft boats. 3. Sales Performance: This section establishes the sales targets and expectations the dealer must achieve within a specified period. It may include minimum sales volume requirements or performance standards that need to be met to maintain the dealership. 4. Advertising and Marketing: This part details the dealer's obligations to promote Well craft products through marketing campaigns, including advertising materials, online presence, and participation in trade shows or boat shows as agreed upon with Well craft. 5. Parts, Service, and Warranty: This section addresses the dealer's responsibility to provide after-sales support, warranty repairs, and maintenance services to Well craft customers. It outlines the procedures, reimbursement policies, and any additional requirements for parts ordering and service record keeping. 6. Trade-In and Wholesale: In this section, the agreement may include provisions for the dealer's participation in trade-ins of used boats and the wholesale purchase of Well craft products for resale to other authorized dealers, boat clubs, or rental/charter companies. 7. Termination: This part outlines the conditions under which either party can terminate the agreement, including breaches of the contract, failure to meet performance requirements, or changes in the business environment. It may also specify any notice periods or dispute resolution procedures in case of termination. Different types of Oklahoma Well craft Master Dealer Agreements may exist based on specific dealer categories or arrangements, such as: 1. Authorized Dealership Agreement: This is the standard agreement between Well craft and an authorized dealer, outlining the general rights and responsibilities of the dealership. 2. Exclusive Dealership Agreement: This type of agreement grants the dealer exclusive rights to sell Well craft boats within a specific territory in Oklahoma. This ensures limited competition and allows dealers to capitalize on their market position. 3. Non-Exclusive Dealership Agreement: In contrast to the exclusive agreement, this type allows the dealer to sell Well craft boats alongside other boat brands. This could appeal to dealers seeking a broader product range to offer their customers. 4. Sub-Dealer Agreement: Well craft may authorize a larger dealer or distributor to establish sub-dealerships within Oklahoma. These sub-dealers operate under the terms and conditions set forth in the master dealer agreement, adapting some provisions as necessary. It's important to note that the specifics and variations of the Oklahoma Well craft Master Dealer Agreement can vary depending on negotiation between Well craft and the individual authorized dealer or dealership.