1. APPOINTMENT AND ACCEPTANCE
1.1. COMPANY hereby appoints DISTRIBUTOR on an exclusive basis as its sole distributor in the Territory (as defined below) for the sale of the products list in Appendixes attached hereto (the Products) during the term of this agreement. The COMPANY and the DISTRIBUTOR accepts this appointment on the terms and conditions set forth herein and obligates itself to the requirements of this Agreement.
1.2. The term "Products" shall mean all the products listed in the Appendixes attached hereto. COMPANY reserves the right to delete discontinued Products upon thirty (60) days prior written notice to DISTRIBUTOR. New or additional Products developed by COMPANY during the term of this Agreement shall be made in written as additional Appendixes attached hereto.