Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
INTERNATIONAL AGENT AGREEMENT
This International Agent Agreement ("Agreement") is made and entered into this {{day}} day of {{month}}, {{year}}, by and between:
{{company_name}}, a company duly incorporated and existing under the laws of {{country_of_incorporation}}, with its principal place of business at {{company_address}} (hereinafter referred to as the "Principal");
AND
{{agent_name}}, a company/individual duly incorporated/residing under the laws of {{agent_country}}, with its/his/her principal place of business/residence at {{agent_address}} (hereinafter referred to as the "Agent").
The Principal and the Agent are hereinafter collectively referred to as the “Parties” and individually as a “Party”.
1. APPOINTMENT AND SCOPE OF AGENCY
1.1. The Principal hereby appoints the Agent, and the Agent hereby accepts such appointment, as its non-exclusive/exclusive agent for the marketing, promotion, and sale of the Principal's products/services (hereinafter referred to as the "Products") in the territory of {{territory}} (hereinafter referred to as the "Territory").
1.2. The Agent shall use its best endeavors to promote the sale of the Products within the Territory and shall not, during the continuance of this Agreement, engage in any activity that conflicts with the interests of the Principal.
1.3. The Agent's authority is limited to soliciting orders for the Products. The Agent shall not have the authority to bind the Principal to any contract or obligation, express or implied, unless specifically authorized in writing by the Principal.
2. TERM OF AGREEMENT
2.1. This Agreement shall commence on {{start_date}} and shall continue for an initial period of {{initial_term_years}} years, unless terminated earlier in accordance with the provisions of this Agreement.
2.2. This Agreement may be renewed for successive periods of {{renewal_term_years}} years upon mutual written agreement of the Parties.
3. AGENT'S RESPONSIBILITIES
3.1. The Agent shall:
- Maintain regular contact with potential and existing customers within the Territory.
- Provide the Principal with regular reports on sales activities, market conditions, and competition.
- Adhere to all sales guidelines and pricing policies provided by the Principal.
- Conduct its business ethically and in a manner that reflects positively on the Principal and its Products.
- Bear all costs and expenses incurred in connection with the performance of its duties under this Agreement, unless otherwise agreed in writing by the Principal.
4. PRINCIPAL'S RESPONSIBILITIES
4.1. The Principal shall:
- Supply the Agent with all necessary marketing materials, product information, and samples.
- Provide the Agent with adequate training and support regarding the Products.
- Process and fulfill all orders secured by the Agent in a timely and efficient manner.
- Pay the Agent commissions as stipulated in Clause 5.
5. COMMISSIONS AND PAYMENT
5.1. The Principal shall pay the Agent a commission of {{commission_percentage}}% on the net sales revenue of all Products sold by the Agent within the Territory and accepted by the Principal.
5.2. Commissions shall be calculated on a {{commission_period}} basis and paid within {{payment_days}} days after the end of each {{commission_period}}.
5.3. All payments shall be made in {{currency}} to the Agent's nominated bank account: {{bank_name}}, Account No: {{account_number}}, SWIFT Code: {{swift_code}}.
6. CONFIDENTIALITY
6.1. Both Parties agree to keep confidential all proprietary and confidential information disclosed by the other Party during the term of this Agreement and for a period of {{confidentiality_years}} years thereafter.
6.2. Confidential information shall include, but not be limited to, business plans, financial data, customer lists, product designs, and marketing strategies.
7. TERMINATION
7.1. Either Party may terminate this Agreement by giving {{notice_period_days}} days' written notice to the other Party.
7.2. Either Party may terminate this Agreement immediately upon written notice if the other Party:
- Commits a material breach of this Agreement and fails to remedy such breach within {{cure_period_days}} days of receiving written notice thereof.
- Becomes insolvent or files for bankruptcy.
8. GOVERNING LAW AND DISPUTE RESOLUTION
8.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_country}}.
8.2. Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration in {{arbitration_city}}, in accordance with the rules of the {{arbitration_institution}}.
9. ENTIRE AGREEMENT
9.1. This Agreement constitutes the entire agreement between the Parties and supersedes all prior discussions, negotiations, and agreements, whether oral or written, relating to the subject matter hereof.
9.2. No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by both Parties.
Signature Block
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.
_____________________________
For and on behalf of {{company_name}}
Name: {{principal_signatory_name}}
Title: {{principal_signatory_title}}
_____________________________
For and on behalf of {{agent_name}}
Name: {{agent_signatory_name}}
Title: {{agent_signatory_title}}
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