Manufacturing companies are faced with a wide array of agreements in the development, manufacture and distribution of their products. Many of these arrangements involve joint ventures, output or requirements contracts, take-or-pay financing arrangements, equipment leasing or franchising. During the course of preparation and negotiation of these contracts, questions frequently arise concerning the assessment of risks involved in product warranties, joint developments of patents and know-how. We are often called upon to advise concerning distribution arrangements such as agreements with manufacturers representatives, distributors, exclusive or non-exclusive agents, as well as employee incentive sales agreements.