PandaTip: The model also lists your responsibilities as a supplier of the products sold. These include training for distribution agency staff, providing sales and marketing security, and compliance with changes or improvements to the listed products. The distribution agency understands and accepts that the company is the rightful owner of all securities, rights, interest and products included in this agreement. PandaTip: This model clearly defines the distribution agency`s responsibilities for this agreement. These tasks include obtaining an annual quota, conducting advertising and other advertising activities, and providing after-sales services. After the termination date, this contract remains in effect for an additional three years, unless a party responds to a request for termination. 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. PandaTip: This proposal gives you the right to terminate this contract through a sales agency for one of the reasons listed below. PandaTip: You and your sales agency counterpart can use the following fields to sign this electronic sales agency model. The distribution agency has the right to use the products in accordance with this Agreement and after the termination, all rights will be received.
A supplier may prevent a representative from selling competing products from another company in the specified territory for the duration of the agreement or for a period after the end of the contract. A supplier can also prevent the agent from exceeding an effort limit within the allotted time and may require an agent to make a guarantee payment that protects the supplier if a buyer does not pay. The company will provide all necessary distribution training at regular intervals for the distribution agency and Agency staff, if deemed necessary. Annual target: The annual turnover rate implies the minimum revenue target that the agent must achieve for the year. Both parties agree not to transfer this agreement or the obligations associated with this agreement without prior written agreement. 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.