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Form #727

Agreement for Sales Agent

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Agreement for Sales Agent - free form to use

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AGREEMENT FOR SALES AGENT

 

This agreement is made ______________ (Date), between ______________________, a corporation that was organized under the laws of ___________________ (State) with its main place of business located at _________________________________________ ___________________________________ (Address) here referred to as principal and _________________________________, of __________________________________ _________________________________________ (Address) here referred to as agent.

 

RECITALS

 

The principal is a manufacturer of __________________________ (Product) and wants to appoint a general sales agent for selling the principals product(s) _______________.

 

The agent accepts such duties and agrees to follow the terms and conditions of this agreement.

 

PART I.

DURATION

 

The agreement will last for _______________________ (Period of Time) and begin on ____________________ (Date), unless either or both parties terminate according to the terms of the agreement.

 

PART II.

COMMISSIONS

 

The agent, will receive a commission from the sale of products sold for use in agents territory.

The agents commission on sales will be calculated and distributed as follows: ______________________________________________________________________(include sales subject to commission, when commission is paid, trade ins, sales from other territories, dispute resolution, or any other related commission policy or procedure)

 

PART III.

ORDERS

 

All orders must be taken as follows to ensure proper credit and to follow the order guidelines set up by the corporation:  ________________________________________

______________________________________________________________________ (this section should contain any guidelines, policies, procedures etc. that are associated with taking orders when a sale is made)

 

PART IV.

AGENT NOT TO COMPETE

 

The agent, having agreed to devote their whole time to the principals business, is not permitted to purchase or deal in ____________________________ (Product) on their own in any way during the continuance of this agreement.  The agent will also not engage, directly or indirectly in manufacturing, buying, selling or dealing in _________________________ (Product), in the territory described, for a period of ____________________ (Period of Time) following the termination of this agreement.

 

PART V.

REMITTALS BY AGENT

 

The agent must deposit _______________ (Daily) to principal, in the manner prescribed by _______________ (The Treasurer), or deposit _______________ (Daily) in a financial institution designated by the _____________ (Treasurer), all money, checks and drafts received by agent.  The agent will in no way use any money collected for principal to defray their expenses, or for any other purpose.

 

PART VI.

AGENTS EXPENSES

 

All expenses for traveling, office, clerical, office and equipment maintenance, or general selling expenses will be borne wholly by agent.  The principal will not be responsible or liable for such expenses.

 

PART VII.

OBJECTIONS TO ACCOUNTING; LIMITATIONS

 

The agent understands and agrees that all objections to statements of account submitted by principal are waived, unless they receive written notice from the agent within __________ days after receiving their statement.

 

PART IX.

SURETY BOND OF AGENT

 

The agent agrees to furnish a fidelity bond in the sum of ________________ ($_____), to be issued by a surety company and based on the faithful performance of the agent.  Any related premiums must be paid by the agent.

 

PART X.

DEPRECIATION OF AGENCY PROPERTY

 

The furniture, property and fixtures used by agent shall be invoiced and appraised at least once each year and a deduction of not less than ________ percent per year will be made to cover wear and tear in ordinary depreciation.

 

PART XI.

GOVERNING LAW

 

The enforcement of this agreement will be governed by the laws of the state of _______________________ (State).

 

In witness whereof, the parties have executed this agreement at ____________________ (Execution Location) on _______________ (Date).

 

 

 

_________________________                  _____________________

Signature                                                                           Date

 

 

 

_________________________                  _____________________

Signature                                                                           Date

 

Contributed by
Regal International Capital
 
Name of Firm Regal International Capital
Total Forms Contributed 48
 

See All Regal International Capital's Forms
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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