EXCLUSIVE
TERRITORY OF SALES AGENCY IN FOREIGN COUNTRY
This
agreement has been entered into by ____________________________ (Name of
Manufacturer), of ______________________________________________ (Address),
called the manufacturer and ______________________________ (Name of Agent), of
_______________________________________________ (Address), called the agent.
The
agent proposes to spend a majority of __________ (His/Her) time in the
_____________________________________________ (Specify Foreign Territory).
The
agent will be the sole exclusive representative for the sale of all products
produced for the territory mentioned above.
This
agreement will remain valid for a period of __________ (Number) years and is
contingent upon the following provisions:
If the agent proves to be successful this agreement will be renewed for
a period of __________ (Number) years.
However, if the agent does not prove to be successful at the end of
__________ (One Year) from the date of this contract, the manufacturer reserves
the right to terminate this agreement.
This agreement can be terminated by either party with one years written
notice.
The
manufacturer will provide quotations at the standard list price and provide a
further discount from these quotations of __________ percent.
1Due
to the fact that the manufacturer already has certain customers in both
__________ _________________________ (Territory), and also has established
export houses in both ______________________________________________ (Location)
who purchase their ______________________ (Products) from the manufacturer and
ship it to the territory above, this agreement will in no way affect the
relationship that currently exists with those customers.
The
manufacturer will compensate the agent with a commission of _________ percent
when a sale is made to any of the present customers of the manufacturer.
If
the agent sells direct, they agree to give manufacturer proper shipping
instructions and partial payment or references. When the _________________ (Product) is ready to ship, the
customer must deposit the remaining dollar amount in a reliable bank as
approved by the manufacturer.
All
quotations are valid for a period of _______________________ (Number) months.
The
agent further agrees not to sell any related products in the specified
territory that are produced by another company. The agent will also _________________________ (include any other
related terms such as due diligence in the promotion of products)
The
manufacturer will cooperate with the agent as stated in this agreement by
furnishing _______________________ (catalogs, drawings, blueprints,
specifications or any other reasonable supplies) and other information about
____________ (Machinery/Products).
_________________________ _____________________
Signature
Date
_________________________ _____________________
Signature
Date