MARVIN MANDEL, Governor

335

Reference to the dealers right to
"financially" participate in promotional
programs is deleted as unnecessary in light of
the broad meaning of the word "participate,"
as well as to preclude any unintended reading
of that term as a limitation on the right of
participation.

The only other changes are in style.

(F)       NOTICE OF INTENT NOT TO RENEW.

A PARTY WHO INTENDS NOT TO RENEW A MARKETING
AGREEMENT SHALL GIVE NOTICE OF HIS INTENT TO THE PARTY AT
LEAST 90 DAYS BEFORE THE EXPIRATION OF THE TERM OF THE
MARKETING AGREEMENT.

REVISOR'S NOTE: This subsection presently appears as
Art. 23, §167E(8).

The only changes are in style.

For provisions relating to notice of
termination or cancellation, see §11—306 of
this subtitle.

(G)    DISTRIBUTOR MAY NOT UNREASONABLY WITHHOLD
CERTAIN CONSENTS.

THE DISTRIBUTOR MAY NOT UNREASONABLY WITHHOLD HIS
CONSENT TO ANY ASSIGNMENT, TRANSFER, SALE, OR RENEWAL OF
A MARKETING AGREEMENT.

REVISOR'S NOTE: This subsection presently appears as
Art. 23, §167E(7) .

The only changes are in style.

(H) REPURCHASE ON TERMINATION OR CANCELLATION.

(1)    EXCEPT WITH RESPECT TO A CANCELLATION TO
WHICH SUBSECTION (B) OF THIS SECTION APPLIES, WITHIN 30
DAYS AFTER THE DATE A MARKETING AGREEMENT IS TERMINATED
OR CANCELLED, WHETHER BY MUTUAL AGREEMENT OR OTHERWISE,
THE DISTRIBUTOR SHALL REPURCHASE FROM THE DEALER AT THE
THEN CURRENT WHOLESALE PRICE ALL MERCHANTABLE PRODUCTS
PURCHASED BY THE DEALER FROM THE DISTRIBUTOR.

(2)   THE DISTRIBUTOR MAY APPLY THE PROCEEDS OF
ANY REPURCHASED PRODUCT AGAINST ANY EXISTING DEBT OWED BY
THE DEALER TO THE DISTRIBUTOR.

(3) THE OBLIGATION TO REPURCHASE UNDER THIS
SUBSECTION IS ENFORCEABLE ONLY TO THE EXTENT THAT THERE