2826 LAWS OF MARYLAND [Ch. 852
(4) The price at which the dealer sells products
shall not be fixed or maintained by the distributor nor
shall he seek to do so, nor shall the price of products
be subject to enforcement or coercion by the distributor
in any way; provided that nothing herein shall be
construed to prohibit a distributor from suggesting
prices and counseling with dealers concerning prices;
(5) No dealer shall be required to use or utilize
any promotion, premium, coupon, give—away or rebate in
the operation of the business. Except as otherwise
provided by law, nothing herein shall be construed to
prohibit a dealer from participating financially in a
promotion, premium, coupon, give—away or rebate sponsored
by the distributor;
(6) In the event of any termination or
cancellation whether by mutual agreement or otherwise, a
distributor shall be required to repurchase from the
dealer within thirty (30) days from the date of
termination at the then current wholesale prices any and
all merchantable products purchased by the dealer from
the distributor, provided, however, that in the event of
purchase, the distributor shall have the right to apply
the proceeds against any existing indebtedness owed to
him by the dealer and that the repurchase obligation is
enforceable to the extent that there are no other valid
claims or liens against the products by or on behalf of
other creditors of the dealer, AND IF THE DISTRIBUTOR
TERMINATES OR CANCELS [[OR]] THE AGREEMENT, EXCEPT WHERE
THERE IS A MATERIAL BREACH BY THE DEALER OF THE TERMS OF
THE CONTRACTUAL AGREEMENT BETWEEN THE DISTRIBUTOR AND THE
DEALER OR IF THE DISTRIBUTOR UNREASONABLY REFUSES TO
RENEW AN AGREEMENT WITHOUT THE WRITTEN ASSENT OF THE
DEALER, THE DISTRIBUTOR SHALL PAY TO THE DEALER, WITHIN
30 DAYS AFTER THE EFFECTIVE DATE OF THE TERMINATION OR
CANCELLATION OR__UNREASONABLE REFUSAL TO RENEW, THE FULL
VALUE OF ANY BUSINESS GOODWILL ENJOYED BY THE DEALER AT
THE TIME THE DEALER IS NOTIFIED OF THE CANCELLATION OR
TERMINATION OR REFUSAL TO RENEW;
(7) No distributor shall unreasonably withhold its
consent to any assignment, transfer, or sale of a
marketing agreement OR [[REASONABLY]] UNREASONABLY REFUSE
TO RENEW A MARKETING AGREEMENT;
(8) With respect to non-renewal of a marketing
agreement, either party must give the other party notice
of his intent not to renew a marketing agreement at least
90 days prior to the expiration of the term of that
marketing agreement.
167F.
|