Commercial Agency Contract
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Description
The Commercial Agency Contract is a type of legal contract specially developed for activities whereby a commercial agent promotes the sale of goods. The model is drafted in such a way that it may be easily adapted to the needs of each activity and type of commercial agent. In this contract, one party (the Principal) places the other, either an individual or a company (the Agent) in charge of controlling the promotion of sales as an independent intermediary without assuming liability for those transactions. The Intermediary receives payment exclusively through commission on transactions which are completed successfully, and in some cases certain costs –for example business trips or promotional activities– may be taken into account. The contract also includes an optional clause on sales made through Internet to clients established in the Territory of the Agent. In the most important clauses of the contract (exclusivity, objectives, amounts to be paid and calculation of commissions, information, rescission, damages, etc.) there are alternatives of wording. For international transactions the International Commercial Agency Contract should be used. |
Index of the contract
Parties
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Signatures |