What is the purpose of this draft agent agreement? This agent agreement is appropriate for a company (or person) that wishes to be a distributor for a manufacturer or supplier. The terms of the agreement are… Paragraph 5.2 provides for the representative to make an offer on his own behalf. In these circumstances, a „team agreement“ will be required, to which it is referred here. In addition to the provisions of point 2.2 above, any party may dismiss if the other party violates the agreement or becomes insolvent. Yes, all ContractStore models are in MS Word, and you can use the contract for more than one project. For more information, see the video on this page of our website or see our FAQs A company that wants a representative from another country to look for tendering opportunities can use this replacement agreement. The representative should be a company from that country with good contacts in the sector in which the overseas company wishes to launch. ContractStore provides models and is not a law firm. But all of our models are written by experienced lawyers, which allows us to arrange legal assistance for clients who need special conditions in one of our documents or a custom model. . For more information, visit our Legal Services page. This clause gives the agent the right to be considered for the role of local representative if the client decides to form in the territory but does not require the client to appoint the representative.
In some countries, too, the registration of agency and representation agreements should be taken into account, since termination may involve the payment of compensation by a principal obliged. The Company and the Agent want to enter into an agreement under which the agent will market and sell the product on the terms and conditions. This clause provides that the customer pays a fixed fee for the services provided by the representative and the reimbursement of the resulting expenses. These expenses must have the prior written power of the client. Tender documents can be expensive and the customer will only want to pay for them if they have expressed an interest in the offer and have authorized the representative to receive them.