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tinued less than five years, the indemnity shall be calculated on the

average for the period in question.

” The law stipulates an upper limit;

however, the payable amount is not required to reach this amount.

Indeed, as understood from the legislative justification of the TCC, this

calculation method aims to protect the agent. It is also states that the

mandatory character of the provision shall be determined as per schol-

ars’ opinions and court practices. However, legislative justification of

the TCC also states that the ratio legis of the related article may enable

the determination of another calculation method providing a higher

amount of claim for the agent.

Claim for Goodwill Indemnity

Pursuant to Article 122/4 of the TCC, the parties may not derogate

from the goodwill indemnity prior to the expiry of the agency contract.

This provision aims to protect the agent. The claim for indemnity must

be pursued within one year following the termination of the agency

contract. In accordance with this article’s legislative justification, this

duration should be considered as a lapse of time

11

.

Application of the Provision for Similar Contracts

In principle, a goodwill indemnity claim relates to agency con-

tracts. However, pursuant to Article 122/5 of the TCC, “

Unless it is

equitable, this Article shall apply to the termination of continuous con-

tracts that grant a monopoly right, such as exclusive distribution con-

tracts.

” Unlike the agent, an exclusive distributor is not a commercial

auxiliary, and concludes agreements in his own name and on his own

behalf. Therefore, the exclusive distributor’s clientele should be

returned to the supplier following the expiry of the contract

12

.

Conclusion

Through Article 122, the TCC brought a clear provision pertaining

to the goodwill indemnity of the agent. In accordance with the condi-

tions provided in this Article, the principal should continue to derive

68

NEWSLETTER 2015

11

ARKAN Sabih

,

Ticari İşletme Hukuku

, Ankara, 2011, p. 225.

12

KAYA Arslan

,

Türk Ticaret Kanunu Şerhi, Acentelik

, İstanbul, 2013, p. 261-262.