The distribution contract defines the products or services and the commercial responsibility to market the company`s products or services in accordance with the terms of the agreement. A section describes the actions that constitute a termination of the contract. If the agent is required to provide a license or authorization for the conclusion of sales, the agreement may indicate the terms of renewal of the licence or authorization. Even if the distributor works as an independent contractor, the contract may require the representative to commit to a regular sales quota. Therefore, the agent must reach his quota to obtain his status with the company. Additional requirements may be included in the contract, such as .B the seller`s obligation to undergo training or maintain a vehicle. The agreement may require the salesperson to compensate the company for the damage caused by his actions. High value information cannot be disclosed to third parties for the duration of this sales agency agreement. PandaTip: Since the distribution agency has the right to sell only the products listed in a given region, it is important to clearly define that region.
Use the text field of the model below to list the specific areas in which such sales can be made. Within 30 days of the entry into force of this distribution agency agreement, the company may assign the distribution agency an annual quota deemed fair and appropriate and will take into account previous sales, the economic condition of the area and possible additional market situations in the area. It should be noted that the 1993 Trade Agents Regulations create certain obligations and rights for those defined in the regulations as trade agents in their respective EU countries. If the intention is that the parties will not have a relationship covered by these regulations, this document should not be used. A sales agent works as an independent contractor for a company and promotes the company`s products or services for a fee for each sale. The contract between a sales agent and an organization is similar to an independent general contract agreement. The contract stipulates that the salesperson is not an employee, official or co-owner of the company. Commissions vary depending on the size of the representative`s sales during each salary period.
PandaTip: The model also lists your responsibilities as a supplier of the products sold. These include training for distribution agency staff, providing sales and marketing security, and compliance with changes or improvements to the listed products. This agreement and its entirety constitute the whole agreement between the parties.