Buying Agency Agreement Template for Ireland

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Buying Agency Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Buying Agency Agreement

"I need a Buying Agency Agreement for appointing an agent to source electronics components from Asian markets, with specific focus on quality control processes and compliance with EU import regulations, to commence from March 2025."

Document background

This Buying Agency Agreement is designed for use in commercial relationships where a principal seeks to engage a professional buying agent to handle their procurement needs under Irish law. The document is particularly relevant when a business needs expertise in sourcing products, negotiating with suppliers, or accessing specific markets. The agreement comprehensively addresses key aspects including the agent's authority, compensation, duties, reporting requirements, and compliance with Irish legal requirements, particularly the European Communities (Commercial Agents) Regulations 1994. It's suitable for both domestic and international procurement activities, providing necessary protections for both parties while ensuring clear operational guidelines and performance standards.

Suggested Sections

1. Parties: Identifies and provides full details of the principal and the buying agent

2. Background: Sets out the context of the agreement, including the principal's need for a buying agent and the agent's expertise

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules of interpretation

4. Appointment and Scope: Details the formal appointment of the agent and defines the scope of their authority

5. Term and Termination: Specifies the duration of the agreement and circumstances for termination

6. Agent's Duties and Obligations: Comprehensive list of the agent's responsibilities and standards of performance

7. Principal's Duties and Obligations: Outlines the principal's responsibilities, including provision of information and support

8. Compensation and Payment Terms: Details the commission structure, payment terms, and expense reimbursement

9. Purchasing Process: Describes the procedures for identifying, evaluating, and executing purchases

10. Reporting Requirements: Specifies the agent's reporting obligations and documentation requirements

11. Confidentiality: Protects confidential information exchanged during the agency relationship

12. Intellectual Property: Addresses ownership and use of intellectual property rights

13. Liability and Indemnification: Sets out the parties' liability limitations and indemnification obligations

14. General Provisions: Includes standard clauses such as notices, assignment, and governing law

Optional Sections

1. Non-Compete and Non-Solicitation: Include when the principal wants to restrict the agent's ability to compete or solicit customers/suppliers

2. Insurance Requirements: Include when specific insurance coverage is required from the agent

3. International Purchases: Include when the agent will be making purchases from international suppliers

4. Quality Control Procedures: Include when specific quality standards must be maintained for purchases

5. Dispute Resolution: Include when parties want to specify alternative dispute resolution mechanisms

6. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances

7. Data Protection: Include when personal data processing is involved in the agency activities

8. Compliance with Anti-Bribery Laws: Include when there's significant risk of corruption in the relevant markets

Suggested Schedules

1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates and calculation methods

2. Schedule 2 - Territory and Product Categories: Defines the geographical area and types of products covered by the agreement

3. Schedule 3 - Approved Suppliers: List of pre-approved suppliers from whom the agent may make purchases

4. Schedule 4 - Purchasing Procedures: Detailed steps and requirements for the purchasing process

5. Schedule 5 - Reporting Templates: Standard forms and formats for required reports

6. Schedule 6 - Service Levels: Specific performance metrics and standards for the agent

7. Appendix A - Power of Attorney: If required, formal authorization for the agent to act on principal's behalf

8. Appendix B - Compliance Requirements: Detailed compliance procedures and requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Retail

Manufacturing

Fashion and Apparel

Electronics

Industrial Equipment

Food and Beverage

Construction Materials

Automotive

Pharmaceuticals

Consumer Goods

Textiles

Raw Materials

Agricultural Products

Luxury Goods

Relevant Teams

Procurement

Legal

Operations

Supply Chain

Commercial

Finance

Compliance

Risk Management

Strategic Sourcing

Vendor Management

Relevant Roles

Procurement Manager

Purchasing Director

Supply Chain Manager

Commercial Director

Operations Manager

Sourcing Manager

Chief Procurement Officer

Buying Manager

Category Manager

Contract Manager

Legal Counsel

Procurement Specialist

Supply Chain Director

Chief Operating Officer

Business Development Manager

Find the exact document you need

Contract For Buying A Business

An Irish law-governed agreement detailing the terms and conditions for the purchase and sale of a business, including all essential transaction elements and regulatory compliance requirements.

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Buying Agency Agreement

Authors

Alex Denne

Find the exact document you need

Contract For Buying A Business

Buyers Contract

Buy With Reservation Agreement

Basic Purchase Agreement

Forward Purchase Agreement (Real Estate)

Customer List Purchase Agreement

Car Buying Contract

Sell Agreement

Vehicle Hire Purchase Agreement

Personal Property Addendum

Contingent Purchase Agreement

Land Sales Agreement

Dealer Purchase Agreement

Buying Agency Agreement

Buy Tenancy Agreement

Final Purchase Agreement

Land Purchase Agreement Form

Timeshare Purchase Agreement

Private Party Car Sale Contract

Co Purchase Agreement

Commercial Offer To Purchase

Letter Of Intent To Purchase Property

Option Purchase Agreement Film

Forward Purchase Contract

Simple Offer To Purchase Real Estate Form

Employee Laptop Purchase Agreement

Trailer Purchase Agreement

Buyer Contract Agreement

Commercial Lease With Option To Purchase

Rental Purchase Agreement

Price Purchase Agreement

Prepaid Forward Purchase Agreement

Legal Real Estate Contract

Goods Purchase Agreement

Pre Purchase Agreement

Property Sales Contract Between Seller And Buyer

Vehicle Purchase Agreement

Medical Equipment Purchase Agreement

Goodwill Purchase Agreement

Building Purchase Agreement

As Is Sales Agreement

Security Purchase Agreement

Retail Purchase Agreement

Lease Sale Agreement

Direct Purchase Agreement

Volume Purchase Agreement

Software Purchase Agreement

Motor Vehicle Purchase Agreement

Buy Out Agreement

Short Form Asset Purchase Agreement

Property Sales Agreement

Online Sale Agreement

Special Purchase Agreement

Private Purchase Agreement

Preliminary Purchase Agreement

Deferred Purchase Agreement

Contract For Purchase Of Goods

Assignable Real Estate Contract

Apartment Sale Agreement

Service Purchase Agreement

Preliminary Sales Agreement

Master Sales Agreement

Lease And Sale Agreement

Deed Of Sale Agreement

Debt Purchase Agreement

Apartment Purchase Agreement

Accounts Receivable Purchase Agreement

Reverse Purchase Agreement

Purchase And Supply Agreement

Master Receivables Purchase Agreement

Credit Sales Agreement

Installment Purchase Agreement

Exclusive Purchase Agreement

Advance Purchase Agreement

Stock Purchase Agreement