This document is not a concession contract in which the concession is occupied by the seller and/or a fixed premises are managed by the seller. The agreement contains the Council Directive of 1993 and can therefore be used throughout the EU and worldwide. Please note that these provisions will be transposed into UK law after Brexit. A supplier may prevent an agent from selling products competing with another company in the defined area during the term of the agreement or for a period after the end of the agreement. A supplier may also prevent the agent from exceeding a cost limit during the specified period and may require an agent to provide a guarantee that protects the supplier if a buyer does not pay. This Agreement grants the agent a defined territory in which he can sell during the term of the agency contract. The territory can be of any size, a city, a county, a country, a continent on a global scale. The agent may also be granted more than one zone. It is for the contracting authority to decide on the area granted. Some principals grant a territory and then propose other areas as soon as an agent has demonstrated that he can actually promote and sell the products or services. Sales agency contract, exclusivity contract and exclusivity contract.
If the parties understand and accept the terms of the document, they should sign it and keep a copy. If one of the parties is a legal person with registered legal personality, a person empowered to sign agreements on behalf of the companies should be a signatory. A typical agency contract This is a prefabricated agency contract. It represents your best interests. It`s up-to-date and ready to go – simply overloaded with your data and that of the agent. Or you can adapt it to your specific needs with the guidance notes (see next point). The Legal Pack is designed as a « solution in a box » for all essential requirements. You no longer need to spend money on legal preparations (unless you need some changes or additional requests from lawyers) and you can use the contract template for sales reps as often as you want. It gives you essential security. This agency project allows the structure of commissions recommended by the contracting authority. It also defines in a clear and detailed way the responsibilities of the agent and the client.
As the client, it is strongly recommended that you conclude a formal agency contract between you and your sales agents. In the absence of an agreement, the Community rules apply in their raw form and are intended to protect the commercial agent and not the contracting authority. In addition, it is the best practice. Most commercial agents expect an agency contract and some will refuse to work without one. A good agreement sets the conditions of engagement, so that there is no misunderstanding.. . .
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