PandaTip: The terms of this model provide all revenue generated by sales to your business, with the exception of commissions to the sales agency. This section of the model defines the nature of these commissions and their method of calculation and payment. 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. PandaTip: You and your sales agency counterpart can use the following fields to sign this electronic sales agency model. In your contract, the compensation package should be clearly defined in the simplest language. Note if the employee is paid or receives an hourly wage. If you offer commissions, you outline the structure of the commissions, including the percentage of the commission, and if the commission remains consistent or if it jumps to certain turnover thresholds. Make sure your employee`s compensation is at least a minimum wage, regardless of the compensation structure or package you are proposing. The federal minimum wage is $7.25 per hour, although some countries have higher minimum wage requirements. 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. A sales agency agreement is a document that refers to a sales agent who negotiates and enters into a sales contract on behalf of a client (supplier). It defines the basis for the appointment of the agent, the duties of the contracting authority and the agent, the minimum sales objectives, the amount of commissions and the payment and closing procedures. You need a distribution agency agreement if you want to appoint an agent who sells your products in a geographic area, area or on an exclusive or non-exclusive basis. PandaTip: This section of the sales agency agreement model describes the process and procedure for sales and post-sale activities, including offers, support and collection of unpaid fees by end-users. 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. The company sets the prices and fees for each sale. The contract sets out the guidelines for accepting a sale purchased by the seller.
Therefore, if the seller does not enter into an acceptable sale in accordance with the company`s guidelines, the company reserves the right to refuse a sale. The contract contains a clause stating that the company has the right to refuse any order. This sales agency agreement is concluded as of [the agreement. Date] between the following companies, collectively known as “parties,” and considered effective: for the duration of this sales agency contract, the distribution agency has the right to represent products in the designated territory, including products under the company`s trademark, copyright or commercial. The exclusive agency gives an agent exclusive rights to sell the client`s products in the territory and the client agrees not to appoint other representatives in the same territory. In a non-exclusive agency, the client may appoint other representatives in the territory and the representative must compete with others to promote and conclude sales.