OEM Contract Review
Enhancing the dealer-manufacturer relationship is a primary goal of the North American Equipment Dealers Association (NAEDA), and our ongoing effort to pursue balanced dealer agreements is essential to this goal. When a manufacturer introduces a new version of a dealer agreement or proposes changes to an existing agreement, NAEDA routinely conducts a legal review of the agreement and works with the manufacturer to address any issues that may be identified. In working with the manufacturer before the agreement is distributed to the dealer network, NAEDA helps to address dealer questions and facilitates implementation of the agreement.
NAEDA maintains an Industry Relations Fund (IRF) that finances the legal review of dealer agreements. The legal reviews and related discussions with manufacturers provide the following benefits:
- A business-oriented and cooperative approach in addressing issues with manufacturers;
- One voice for the dealer body, fostering productive relationships with manufacturers that encourage discussion and cooperation in negotiating changes to dealer agreements;
- A broad-based knowledge of contract terms used by manufacturers, providing valuable background information for understanding market terms and areas where adjustments may be discussed; and
- Timely information to advise dealers of key issues within the context of limitations imposed on manufacturers by state and provincial dealer protection laws.
Contact us today about completed contract reviews, or to have a review conducted on your new contract.
About The Industry Relations Fund (IRF)
The Industry Relations Fund (IRF) relies on voluntary contributions1 from NAEDA dealer members to finance matters that have wide implications within the equipment industry. If you would like to make a contribution, contact NAEDA at (800) 762-5616 or mail your check to:
NAEDA-IRF
PO Box 419264
Kansas City, MO 64141
We appreciate your assistance in supporting this important initiative.
1 Voluntary contributions to the Industry Relations Fund are not deductible as charitable contributions. However, they may be deductible as ordinary and necessary business expenses subject to restrictions due to the Internal Revenue Code.