Covering Affiliates in Your Territory

Affiliates in other countries may be able to be included on your Open Value Agreement , which can help centralize your purchasing and reduce random purchase orders from remote offices. An affiliate is a legal entity that you own, which owns you, or which is under common ownership with you. Ownership is defined as more than 50 percent ownership. Qualifying affiliate means an owned affiliate located within the same region or territory.

With company-wide and subscription options, the enterprise must consist of entire legal entities, not partial entities such as departments, divisions, or business units. Each affiliate must be entirely “included in” or entirely “excluded from” the agreement. Entities that decide to participate are referred to as “enrolled affiliates”. In the agreement, you can choose between:

• Excluding all your affiliates
• Including a set of affiliates that you specify in the agreement
• Including a set of affiliates that you specify in the agreement, and automatically include all    your future affiliates