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Checklist

0 of 7 checked

    • Find out who reviews and approves the contract, and allow time for that review.
    • Ask early about foreign exchange timing and plan for it together.
    • Write dates with the month in words.
    • Present it as standard practice with all new partners, and show the path to other terms.
    • Frame them as your own obligations under U.S. law and company policy; consult qualified counsel.

Check yourself

  1. 1. When is the best time to share your draft distribution agreement?
  2. 2. Which sentence best explains a letter of credit for a first order?
  3. 3. How should you raise your anti-bribery policy with a new partner?

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From DealDialect (dealdialect.com) by Ayomide Adeyeye, licensed CC BY 4.0.