Document background
An Exclusive Commission Agreement is a crucial commercial contract used when a business (principal) wishes to appoint an agent as their sole representative for specific products or services within a defined territory in South Africa. This document is essential for businesses seeking to establish structured sales channels while maintaining control over their market presence. The agreement comprehensively addresses commission structures, exclusivity terms, performance requirements, and territorial rights, while ensuring compliance with South African legal requirements, including the Consumer Protection Act and Competition Act. It's particularly valuable for companies expanding their market reach through dedicated sales agents or representatives, providing clear frameworks for commission-based relationships while protecting both parties' interests through detailed terms and conditions.
