This document can be used for a principal who wishes to hire an agent to handle specific services, or for an agent who is about to start services for a principal. In this document, the form filler can enter relevant identification details about the agent and principal, as well as a general description of the type of business that the principal normally carries out. An agency contract, sometimes called an agent contract, is a document between two parties, a principal and an agent. The client is the person who essentially “hires" or commands the agent (although there is usually no working relationship between the two). The agent is the person acting on behalf of the client. In an agency contract, the agent undertakes to assume certain responsibilities and the client undertakes to assign certain responsibilities to the agent so that the agent can act in the specific situations described in the agreement for the client. An agency contract can be used for any type of agent-principal relationship. B for example for large enterprises (where an agent may act in public for the principal or sign agreements on behalf of the principal) for small enterprises or individuals (where an agent may perform a single task for the principal). There is no internationally agreed uniform legislation for agency contracts, so the parties must rely on national laws. These laws not only differ from country to country, but also do not take into account the international nature of the treaty. The form filler also enters the main features of the agreement between the parties, such as the duration of the agency (whether it is to be continued indefinitely until the services are terminated or otherwise or end at a certain time), information about fees and, of course, what exactly the agency is for. Representations and Warranties.
Both parties declare that they have the full right to enter into this Agreement. The performance and obligations of either party does not violate or violate the rights of any third party or violate any other agreement between the parties, individually and any other person, entity or company, or any government law or regulation. This completely revised edition takes into account recent developments in agency law, including Internet sales. It also includes, for the first time, a USB key that represents the text of the contract. The model not only offers flexible solutions for international agreements, but the USB flash drive makes it even easier to customize the contract for your specific case. As part of these agreements, the client and agent describe their expectations of the Agency`s conduct and agree on the boundaries of the relationship between them. Compensation. The parties agree to indemnify and hold harmless the other party, its respective affiliates, officers, agents, employees and successors and permitted assigns from and against all claims, losses, damages, liabilities, penalties, punitive damages, expenses, reasonable attorneys` fees and costs of any kind or amount arising out of the indemnifying party`s negligence or breach of this Agreement. and/or their respective successors and assigns arising therefrom. Agreement. This section shall remain in full force and effect even after the termination of the Agreement by its natural termination or early termination by either party. CONSIDERING that the Company and the Agent wish to enter into an agreement under which the Agent markets and sells the Product in accordance with the terms and conditions contained herein.
Appointment. Customer hereby designates The Agent as Customer`s representative to provide the Services on Customer`s behalf. In an agency contract, the completed form can enter the most important details of the relationship between the parties: things like a description of the services the agent will provide, as well as the client`s general affairs and how the client is expected to pay. A good agency contract will also cover both the client and the agent in the event of a problem: elements such as dispute resolution and applicable law should be included. In the event of termination, the Contractor shall return all Customer Content, Materials and results of the resulting Work, if any, to the Customer as soon as possible, but in no case more than thirty (30) days after the date of termination. . A modification of this Agreement will only be effective if it is made in writing and has been agreed to by both parties. [Client.FirstName] [Client.LastName][Client.Company] The Company pays the agent [Percentage] of all net product sales directly from the agent`s efforts. “Net sales of products" are defined as the amount of proceeds from sales made by the agent, less chargebacks, returns or cancellations from customers. Privacy and Intellectual Property. Under this Agreement, Customer may be required to disclose proprietary information, including trade secrets, industry knowledge and other confidential information, to the Agent in order for the Agent to complete the Services.
The agent will not share this protected information at any time. .