Agency Agreement Template
This Agency Agreement (“Agreement”) is made and entered into as of [Effective Date], by and between:
[Principal Name], a [type of legal entity, e.g., corporation, limited liability company, partnership, or individual], organized and existing under the laws of [Jurisdiction], having its principal place of business at [Principal Address] (“Principal”);
and
[Agent Name], a [type of legal entity, e.g., corporation, limited liability company, partnership, or individual], organized and existing under the laws of [Jurisdiction], having its principal place of business at [Agent Address] (“Agent”).
WHEREAS, Principal desires to appoint Agent, and Agent is willing to accept appointment, to act as Principal’s agent for the purposes and upon the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties hereby agree as follows:
Appointment and Scope of Authority
Principal hereby appoints Agent as its exclusive/non-exclusive agent within the territory of [Territory] for the purpose of [Description of Scope and Purpose], and Agent hereby accepts such appointment subject to the terms and conditions of this Agreement.
Agent shall have the authority to solicit and secure orders for the Products/Services as specified by Principal from time to time, and to represent Principal in dealings with customers within the Territory, subject to the Principal’s approval and oversight.
Agent shall not have the authority to bind, commit, or otherwise obligate Principal to any contract or agreement with third parties, except as expressly authorized in writing by Principal.
Principal may, at its discretion, modify the scope of Agent’s authority by giving [number of days] days’ written notice to Agent, and such modifications shall be effective upon the expiry of such notice period.
The relationship of the parties is that of independent contractors; nothing in this Agreement shall be construed to create a partnership, joint venture, employment or franchise relationship between the parties.
Agent shall not appoint sub-agents or representatives with authority to act on behalf of Principal without Principal’s prior written consent.
Agent’s authority is limited to the scope expressly set forth herein and as may be further detailed in written instructions from Principal.
Duties and Obligations of the Agent
Agent shall diligently promote, market, and sell the Products/Services within the Territory to the best of its abilities and in accordance with the policies and guidelines provided by Principal.
Agent shall promptly communicate all relevant information, inquiries, and correspondence from customers and potential customers to Principal.
Agent shall maintain accurate and up-to-date records of all transactions, communications, and activities undertaken pursuant to this Agreement, and shall provide such records to Principal upon request.
Agent shall not make any representations, warranties, or commitments with respect to the Products/Services other than those expressly authorized in writing by Principal.
Agent shall refrain from engaging in any conduct or practice that may be detrimental to the interests, reputation, or goodwill of Principal.
Agent shall comply with all reasonable instructions and directives issued by Principal concerning the performance of Agent’s duties under this Agreement.
Agent shall promptly inform Principal of any complaints, claims, or disputes arising from its activities pursuant to this Agreement, and shall cooperate fully in the resolution thereof.
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