Purchasing Agents Agreement

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Purchasing Agent Agreement

This Purchasing Agent Agreement ('Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:

{{company_name}}, a company duly registered under the laws of {{country}}, with its principal place of business at {{company_address}} (hereinafter referred to as 'the Principal');

AND

{{agent_name}}, an individual/company residing/registered at {{agent_address}}, (hereinafter referred to as 'the Agent').

Collectively referred to as 'the Parties'.

1. Appointment of Agent

The Principal hereby appoints the Agent as its non-exclusive purchasing agent, and the Agent hereby accepts such appointment, to procure goods and/or services as per the terms and conditions set forth in this Agreement.

The Agent shall act solely on behalf of the Principal and shall not enter into any agreements or incur any liabilities on behalf of the Principal without explicit written consent.

2. Scope of Services

The Agent shall, as directed by the Principal, source, negotiate, and facilitate the purchase of goods and/or services ('the Products') specified in Appendix A (attached hereto).

The Agent shall endeavour to secure the most competitive prices, favourable terms, and highest quality for the Principal.

The Agent shall provide regular reports to the Principal on procurement activities, including quotations, supplier details, and progress of orders.

3. Remuneration

In consideration for the services rendered by the Agent under this Agreement, the Principal shall pay the Agent a commission of {{commission_percentage}}% of the total value of each successfully completed purchase order, or a fixed fee of {{fixed_fee_amount}} ({{currency}}).

Payments shall be made within {{payment_days}} days of the Principal receiving the goods/services and successful submission of an invoice by the Agent.

The Agent shall be responsible for all their own business expenses unless otherwise agreed upon in writing by the Principal.

4. Term and Termination

This Agreement shall commence on {{start_date}} and shall continue until terminated by either party upon giving {{notice_period}} days' written notice.

Either party may terminate this Agreement immediately in the event of a material breach by the other party, subject to a written notice of such breach and failure to remedy within {{cure_period}} days.

5. Confidentiality

The Agent agrees to keep all proprietary and confidential information of the Principal confidential, including but not limited to pricing, supplier lists, business strategies, and product specifications.

This obligation shall survive the termination of this Agreement.

6. Indemnification

The Agent shall indemnify and hold harmless the Principal from any and all claims, damages, liabilities, and expenses (including legal fees) arising from the Agent's negligent acts, omissions, or breaches of this Agreement.

7. Governing Law and Dispute Resolution

This Agreement shall be governed by and construed in accordance with the laws of {{country}}.

Any disputes arising out of or in connection with this Agreement shall first be resolved through good faith negotiations between the Parties. If a resolution cannot be reached, the dispute shall be submitted to mediation in {{city}}, {{country}}.

8. Entire Agreement

This Agreement, including Appendix A, constitutes the entire agreement between the Parties and supersedes all prior discussions, negotiations, and agreements, whether oral or written.

Signature Block

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.

___________________________

Principal's Signature

Name: {{principal_name}}

Title: {{principal_title}}

Date: {{date}}

___________________________

Agent's Signature

Name: {{agent_name}}

Title: {{agent_title}}

Date: {{date}}