Document background
The Master Dealer Agreement is a fundamental commercial contract used to establish and govern the relationship between manufacturers/principals and their authorized dealers in the Philippines. This document is essential when a company wishes to distribute its products through third-party dealers in the Philippine market, requiring a comprehensive framework that ensures compliance with local laws while protecting both parties' interests. The agreement typically covers crucial aspects such as territorial rights, performance requirements, pricing structures, and operational procedures. It's particularly important in the Philippine context due to specific local regulatory requirements, including those under the Civil Code of the Philippines and the Consumer Act. The Master Dealer Agreement serves as the primary reference document for the entire dealer relationship, often supplemented by various schedules and appendices that can be updated to reflect changing business conditions without modifying the main agreement.
