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International Agent Agreement

This International Agent Agreement template is for businesses appointing an agent to represent their interests and sell products/services in a foreign market. It outlines the terms of the agency, responsibilities, commission, and duration.

Updated 15d ago
agency agreementinternational salesagent contractexportrepresentationcommission agreementSMESouthern Africa

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

INTERNATIONAL AGENT AGREEMENT

This INTERNATIONAL AGENT AGREEMENT (hereinafter referred to as the 'Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}},

BETWEEN:

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

AND

{{agent_company_name}}, a company duly incorporated under the laws of {{agent_jurisdiction}}, with its principal place of business at {{agent_address}} (hereinafter referred to as 'Agent').

WHEREAS, the Principal is engaged in the business of manufacturing/selling {{products_services_description}};

WHEREAS, the Agent possesses expertise and resources to promote and sell the Principal's products/services in the {{territory}};

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:

1. Appointment of Agent

1.1. The Principal hereby appoints the Agent as its non-exclusive/exclusive agent for the sale and promotion of {{products_services_description}} (hereinafter referred to as 'Products/Services') within the territory of {{territory}} (hereinafter referred to as the 'Territory').

1.2. The Agent accepts such appointment and agrees to diligently and faithfully perform the duties and responsibilities assigned herein.

2. Term of Agreement

2.1. This Agreement shall commence on {{start_date}} and shall continue for a period of {{agreement_term_years}} years, unless terminated earlier in accordance with the provisions of this Agreement.

2.2. This Agreement may be renewed by mutual written agreement of both parties prior to its expiration.

3. Duties and Responsibilities of the Agent

3.1. The Agent shall use its best endeavors to promote, market, and sell the Products/Services in the Territory.

3.2. The Agent shall maintain a sufficient sales force and technical support to effectively represent the Principal's Products/Services.

3.3. The Agent shall provide regular reports on sales activities, market conditions, and competitor activities to the Principal, as agreed upon.

3.4. The Agent shall not represent any products or services that directly compete with the Principal's Products/Services during the term of this Agreement without the prior written consent of the Principal.

4. Principal's Obligations

4.1. The Principal shall provide the Agent with necessary product information, marketing materials, and technical support.

4.2. The Principal shall provide reasonable training to the Agent's personnel on the Products/Services.

4.3. The Principal shall fulfill all orders placed by the Agent in a timely manner and maintain appropriate stock levels.

5. Commission and Payment Terms

5.1. The Principal shall pay the Agent a commission of {{commission_percentage}}% on the net sales revenue of Products/Services sold by the Agent in the Territory.

5.2. Commissions shall be calculated based on invoices paid by customers and shall be paid to the Agent within {{payment_days}} days of the end of each calendar month/quarter.

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}}.

5.4. The Agent shall be responsible for all taxes due on its commission in the Territory.

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 includes, but is not limited to, business plans, customer lists, pricing strategies, and product specifications.

7. Termination

7.1. Either party may terminate this Agreement by giving {{notice_days}} days' written notice to the other party in the event of a material breach of this Agreement.

7.2. This Agreement may also be terminated immediately by either party if the other party becomes insolvent, files for bankruptcy, or ceases to carry on its business.

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 shall be submitted to mediation in {{mediation_city}}, and if not resolved, then to arbitration in {{arbitration_city}} in accordance with the rules of {{arbitration_institution}}.

9. Entire Agreement

9.1. This Agreement constitutes the entire understanding between the parties and supersedes all prior discussions, negotiations, and agreements, whether oral or written.

Signature Block

IN WITNESS WHEREOF, the parties hereto 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_company_name}}:

___________________________

Name: {{agent_signatory_name}}

Title: {{agent_signatory_title}}

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