Sales Agency Agreements

An agent is someone who acts on behalf of the supplier. Although a representative may arrange the sale, the sales contract is concluded between the supplier and the final customer, i.e. a final consumer of the product. A distributor is a supplier`s customer. The distributor sells the product to its own customers. Protect yourself if you appoint an agent who sells your products or if you are designated as a sales agent with this sales agency agreement. Use this agreement to appoint an agent on an exclusive or non-exclusive basis. This simple contract for a sales agency contains everything that is necessary to protect a principle with the product for sale as well as the commercial ordered, to ensure that both comply with the law. It includes the nomination base, geographical areas or territory, the duties of the client and representative, minimum sales objectives, commission and termination of the agency agreement.

The company will provide all necessary distribution training at regular intervals for the distribution agency and Agency staff, if deemed necessary. In addition, the company may change prices, delivery fees, terms and conditions or delivery plans with 30 days before notification to the sales agency. These changes do not affect sales accepted before the notification date. If the parties understand and accept the terms of the document, they should sign it and keep a copy. If one of the parties is a registered entity, a person should be a signatory with permission to sign agreements on behalf of the companies. The distribution agency may not provide misleading or false information about products or companies in this distribution agency agreement. High value information cannot be disclosed to third parties for the duration of this sales agency agreement. Many companies cover certain areas within a well-defined target market. The contract may indicate that any sale must be made within a given geographic area, which limits the sale of each product within a given region. A distribution territory may also consist of a specific segment of potential customers.

Comments are closed.