Duration of agreements with official dealers Sample Clauses

Duration of agreements with official dealers. Dealer agreements should be concluded for not less than 5 years or for an unlimited term (hereinafter jointly referred to as "long term dealer agreement"). The dealer agreement could be concluded for a shorter period (less than 5 years) if there are grounded reasons defined by the car manufacturers / distributors and established in the car manufacturers / distributors 's dealer appointment policy or in a corresponding agreement (hereinafter referred to as "short term dealer agreements"). Short term dealer agreement can be concluded, specifically, in case an official dealer does not possess respective facilities (e.g. rents them) or has not made investments into development of the dealer business according to an agreed business plan. The car manufacturers / distributors should inform any candidate, which is applying for the dealership, before signing the dealer agreement about conditions, according to which the term of the dealer agreement will be less than 5 years The above provisions can be implemented by one or more (not limited) of the below means: - Fixing the terms of the Dealer agreement given in the Good Practices for car manufacturers / distributors in the internal policies or other similar documents (provisions 1, 2 and 4 of the Good Practices for car manufacturers / distributors); - Fixing these terms in the Dealer agreements.
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