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… 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. A company that wants a representative to look for tender opportunities in another country can use this representation agreement. The representative should be a company from that country with good contacts in the sector in which the overseas company wishes to launch. In addition to the provisions of point 2.2 above, any party may dismiss if the other party violates the agreement or becomes insolvent. 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.
This agreement exists between a client from one country who wishes to appoint a representative in another country to introduce him into potential companies. The scope of the agreement is quite limited and is not intended as an agency agreement in its own right. On the contrary, the representative`s activity is mainly limited to the provision of tender information to the customer. However, the agreement provides that if things work out between the two parties, the local representative or even the client`s local partner can become. 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. This clause defines the start date and the initial duration. Any party has the right to terminate the contract with notice, first at the end of the first year, then with three months` notice or an agreed period between the parties.
If the contract is not terminated, it continues year after year. Participation in the tender. Sometimes a foreign bidder must have a local party with him when he enters into a public contract in the country. The agreement may contain a clause to deal with this participation, although the details should in any event be clarified. This can be an incentive for the representative, as he can get a share of the contract if the offer is successful 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. Section 3.3 imposes a duty of good faith on the agent.
There is no clause in the agreement prohibiting the agent from acting for the client`s competitors and, if necessary, additional wording could be added. Yes, all ContractStore models are in MS Word, and you can use the contract for more than one project. For more information, watch the video on this page of our website or see our WHEREAS FAQs, the company and the agent want to enter into an agreement whereby the agent markets and sells the product under the following conditions. Any amendment to this agreement is only valid if it has been agreed in writing and by both parties. You will find information about signing documents on our contract signing page The nature of the agreement is that confidentiality is clearly necessary and that this is shown here.