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Exclusive Territory of Sales Agency

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Exclusive Territory of Sales Agency Free Legal Form - (Type 1)

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EXCLUSIVE TERRITORY OF SALES AGENCY - (Type 1)

 

This agreement is made __________ (Date), between ___________________________ (Principal), a corporation organized and existing under the laws of ___________ (State) having its principal place of business at ______________________________________ (Address) here referred to as principal, and ____________________________ (Agent), of ___________________________________________________________ (Address) here referred to as salesperson.

 

The principal and salesperson agree to the following:

 

PART I.

APPOINTMENT OF SALESPERSON

 

The principal hereby appoints salesperson as an exclusive agent within the territory described.  This appointment follows the terms and conditions set forth in this agreement, for the solicitation and acceptance of orders for the described products.

 

PART II.

EXCLUSIVE SALES TERRITORY

 

The exclusive sales territory of this agreement is _____________________ (Describe Territory).

 

PART III.

SALESPERSONS RIGHT TO SOLICIT AND TAKE ORDERS

 

Salesperson shall have the exclusive right to solicit and take orders in the territory for all _______________________________________________________ (Products).

 

PART IV.

PRICES AND TERMS OF ORDERS; CONFIRMATION

 

Salesperson shall solicit and take orders, within the territory, for products at the prices specified by principal.

 

All orders solicited and taken by salesperson shall be subject to acceptance and confirmation in writing by an authorized representative of principal.

 

PART V.

COMMISSIONS ON SALES

 

Unless otherwise stated, principal will pay commission on all uncancelled customer orders received from territory, amounts equal to percent of the net selling price of products that are sold within the territory by salesperson.  Commissions will also take into account and be calculated as follows:  ___________________________________ (include any factors affecting commission such as:  payment schedule, outside territory sales and refunds)

 

PART VI.

DEVOTION OF TIME AND SKILL

 

The salesperson agrees to use their best efforts to promote the sale and use of the products within the territory.  The salesperson shall respect the policy that regards the sale of products.

 

The parties expressly agree that salesperson shall not become interested in the sale of any product that competes with the products of this agreement, or that would conflict with the best interests of principal.

 

PART VII.

ARBITRATION

 

Any and all claims and disputes to this agreement will be subject to arbitration.  The arbitration will be in accordance with the Arbitration Rules of the American Arbitration Association for _____________________ (Principals Industry).  Written notice of arbitration shall be filed with the other party and with the American Arbitration Association, within _________ (Days).

 

PART VIII.

SALESPERSONS LIABILITY INSURANCE

 

As a condition to the appointment of a salesperson under this agreement, the salesperson agrees to maintain a public liability insurance policy with minimum limits of ________________ ($_____) with an insurance carrier licensed to do business in _______________ (State).  Proof of salespersons procurement of insurance is required no later than __________ days from the execution of this agreement.

 

PART IX.

GOVERNING LAW

 

This agreement and any disputes relating to it are governed by the laws of the state of ________________ (State)

 

PART X.

TERMS OF AGREEMENT EXCLUSIVE

 

This is the agreement between the parties.  The parties understand and agree that neither of them has made any representation with respect to the subject matter of the agreement except those specifically set forth.

In witness whereof, the parties have executed this agreement at ___________________ (Place of Execution) 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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