A sales agency agreement is a document that appoints a sales agent to negotiate and enter into a contract of sale on a principal (supplier's) behalf. It sets out the basis of appointment of the agent, duties of principal and agent, minimum sale targets, commission amount and the processes for payment and ending the agreement.
Protect yourself when appointing an agent to sell your products or when you are being appointed as a sales agent with this sales agency agreement. Use this agreement to appoint an agent on an exclusive or non-exclusive basis.
This straightforward sales agency contract contains everything needed to protect a principal with a product to sell as well as the appointed sales agent, ensuring that both comply with the law. It covers the basis of appointment, the geographical areas, or territory, duties of the principal and agent, minimum sales targets, commission and how to end the agency agreement.