Agreement On Commercial Representation

Clause 3.3 imposes an obligation on the agent in good faith. The agreement does not contain a clause prohibiting the agent from acting for the customer`s competitors and, if necessary, additional wording could be inserted. This agreement exists between a client in one country who wishes to appoint a representative in another country to present it to potential companies. The agreement is quite limited in scope and is not intended as an agency contract in its own right. Instead, the representative`s activities are mainly limited to providing tender information to the client. However, the agreement provides that if issues work between the two parties, the representative of the local agent, or even the customer`s local partner, can become. What is the purpose of this proposal for agent agreements? This agent contract is suitable for a company (or individual) who wishes to act as a commercial agent for a manufacturer or supplier. The terms of the agreement are. Participation in the call for tenders. Sometimes a foreign bidder must have a local party with them when they are a candidate for a public sector order in the country.

The agreement may contain a clause to deal with this participation, although the details are in any case clarified. This can be an incentive for the agent, since he can get a share of the contract if the offer is conclusive In addition to the provisions of clause 2.2, either party can terminate if the other counter-agreement is contrary or becomes insolvent. This clause sets the start date and the initial duration set. Each party has the right to terminate with a period, first at the end of the first year, then with a period of 3 months or a period agreed between the parties. Unless terminated, the agreement continues from year to year. . . .