Distribution Terms

Introduction

These Distribution Terms ("Terms") constitute a legally binding agreement between Modern Basics Company ("MBC," "we," "our," or "us") and the retailers, distributors, or other business entities ("Partner," "you," or "your") that distribute or resell our brands' products.

By engaging in a business relationship with MBC, accessing our brand portfolio, or distributing our products, you acknowledge that you have read, understood, and agree to be bound by these Terms.

Partnership Eligibility

To become an authorized distribution partner with Modern Basics Company, you must:

  1. Complete our application process and receive formal written approval
  2. Demonstrate financial stability and business viability
  3. Maintain a physical or digital retail presence that aligns with our brand values
  4. Comply with all applicable laws and regulations in your jurisdiction
  5. Meet our brand representation standards and guidelines

We reserve the right to decline any partnership application at our discretion without providing specific reasons.

Brand Representation Standards

As an authorized distribution partner, you agree to:

MBC reserves the right to audit partner compliance with these standards and terminate partnerships that fail to meet them.

Ordering and Fulfillment

Order Placement

Orders must be submitted through our authorized channels, including:

All orders are subject to approval and product availability. We will confirm receipt of your order within two (2) business days.

Minimum Order Requirements

Partners must meet established minimum order quantities (MOQs) for initial and subsequent orders. These requirements may vary by brand, season, or product category and will be clearly communicated in your partnership agreement.

Payment Terms

Unless otherwise specified in your distribution agreement:

Delivery and Shipping

MBC will arrange shipping through approved carriers. Shipping costs and insurance will be detailed in your order confirmation. Title and risk of loss transfer to the partner upon delivery to the carrier (FOB Shipping Point) unless otherwise specified.

Pricing and Retail Policies

Wholesale Pricing

Wholesale prices are established by MBC and may be updated seasonally. Current pricing will be provided through your account manager or partner portal. Volume discounts may be available for qualifying orders.

Manufacturer's Suggested Retail Price (MSRP)

Partners are required to adhere to our established MSRP guidelines. Deviations from MSRP must be approved in writing by MBC. Unauthorized discounting may result in partnership termination.

Promotional Periods

Seasonal promotions and sales periods will be communicated to all partners with specific guidelines. Only approved promotions are permitted.

Intellectual Property

All trademarks, logos, brand names, product designs, packaging, marketing materials, and other intellectual property related to our brands remain the exclusive property of MBC or our represented brands.

As a distribution partner, you are granted a limited, non-exclusive license to use approved brand assets solely for the purpose of marketing and selling our products. This license terminates automatically upon cessation of our business relationship.

Any unauthorized use, reproduction, or modification of our intellectual property is strictly prohibited and may result in legal action.

Territory Limitations

Partners are authorized to distribute products only within their designated geographic territory as specified in their distribution agreement. Cross-border selling or distribution outside your authorized territory without explicit written permission is prohibited.

Online sales must comply with territorial restrictions through appropriate geo-blocking or shipping limitations.

Quality Control and Product Returns

Inspection Requirements

Partners must inspect all received products within five (5) business days of receipt and report any damages or discrepancies to MBC immediately.

Defective Products

Genuinely defective products may be returned within thirty (30) days of receipt with proper documentation. MBC will replace defective items or issue credit at our discretion.

Return Policy

No returns are accepted without prior authorization. Approved returns must be in their original condition with all tags and packaging intact. Returned items are subject to inspection before credit is issued.

Seasonal or limited-edition items may be marked as final sale with no returns accepted.

Term and Termination

These Terms remain in effect for the duration of your business relationship with MBC. Either party may terminate the partnership with thirty (30) days' written notice.

MBC may terminate the partnership immediately and without notice for:

Upon termination, you must cease all distribution activities, return any consigned inventory, confidential information, and marketing materials, and make any outstanding payments within fifteen (15) days.

Confidentiality

All non-public information shared between MBC and partners is considered confidential and may not be disclosed to third parties without written permission. This includes but is not limited to pricing structures, marketing strategies, upcoming collections, and contract terms.

This confidentiality obligation survives the termination of our business relationship.

Changes to Terms

MBC reserves the right to modify these Distribution Terms at any time. We will notify partners of significant changes via email or through our partner portal. Continued distribution of our products after such notification constitutes acceptance of the modified Terms.

Contact Us

If you have questions or concerns regarding these Distribution Terms, please contact us at:

Email: ileanna@modernbasicscompany.com

Phone: (+30) 6939157499

Last Updated: June 16, 2025

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