About this document
What this document is
This agreement records the terms on which a principal appoints an agent to represent, promote, negotiate or arrange business on its behalf.
Purpose
Use this template where a business or individual wishes to appoint an independent representative while clearly controlling authority, payment, territory and risk.
Key components
- Parties and background identifying the principal and the appointed representative
- Appointment and scope setting out the services, territory, customers and products or services covered
- Authority limits clarifying whether the agent may solicit, negotiate, bind the principal or collect money
- Agent obligations covering performance standards, records, legal conduct and conflicts of interest
- Principal obligations covering information, support and timely payment
- Commission and expenses framework, with an editable commission schedule
- Reporting, records and audit arrangements for accountable agency performance
- Confidentiality, intellectual property and data handling protections
- Term, termination, post-termination commissions and return of property
- Liability, indemnity, dispute resolution, governing law and execution
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