- 88 - "TO WHOM IT MAY CONCERN", Clark confirmed that Diesel Power was its authorized sole distributor in Iran. In certain respects, this representation is supported by Diesel Power's considerable contact with Clark. Diesel Power provided quotes for Clark equipment to local companies and, in one instance, asked a Clark representative to travel to Iran about an order. In November 1974, Mr. Ott, of Clark, sent a letter to Mr. Khalatbari restating some of the main problems that Diana Zand had mentioned during his recent visit to Teheran. One of these problems Mr. Ott mentioned involved tax issues: The accrual of commissions in the manufacturing country might be subject to taxation if the governmental tax authorities have the last word in the pending negotiations. However, a meeting of tax experts has been scheduled in Strasbourg on 7 November 1974 for the purpose of working out a satisfactory solution. Diesel Power also notified a Clark German affiliate in 1975 of the change in Diesel Power's organization from a partnership to a "private joint stock company". Thereafter, when Clark grew dissatisfied with the level of sales in Iran, Clark canceled the 1975 distributor agreement with Diesel Power. Both Mr. Khalatbari and I.J. Zand wrote to Clark protesting the cancellation and insisting that Diesel Power remain Clark's authorized sole distributor in Iran. Despite these contacts withPage: Previous 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 Next
Last modified: May 25, 2011