Standard Sales Agency Agreement (Goods)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
✏️ Sales agency agreementBusiness activity
Sell goodsA sales agency agreement is a contract between a company and a sales agent, in which the agent is authorized to sell the company's products or services. The agreement sets forth the terms and conditions of the relationship, including the duties and responsibilities of the parties, the territory in which the agent is authorized to sell, the commission structure, and the term of the agreement.
The template covers essential aspects such as the appointment of the sales agency, their responsibilities, and the rights and obligations of both parties. It defines the scope of the agreement, specifying the territories or markets in which the sales agency is authorized to sell the goods.
The agreement addresses the terms of payment, including commission rates and any additional expenses that the sales agency may be entitled to. It also includes provisions to safeguard the principal's interests, such as intellectual property rights protection, non-disclosure agreements, and non-compete clauses.
Furthermore, the agreement may cover performance expectations and targets, sales reporting requirements, product warranties, and procedures for resolving disputes. It may also address termination clauses, providing guidelines on both parties' rights and obligations in case the agreement is terminated before its expiration date.
The Standard Sales Agency Agreement (Goods) aims to establish a clear and mutually beneficial business relationship between the sales agency and the principal. By defining the rights and responsibilities of each party, it provides a solid legal framework to promote successful sales and protect the interests of both parties involved under the laws of the United Kingdom.
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