This agreement (hereinafter referred to as the "Agreement") is made and entered into on [Date] by and between Party A, [Name of Party A], with its registered office at [Address of Party A] ("Principal"), and Party B, [Name of Party B], with its registered office at [Address of Party B] ("Agent").
WHEREAS, Principal desires to engage Agent to act as its agent for the purpose of [specific purpose or scope of work]; and
WHEREAS, Agent agrees to act as such agent upon the terms and conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. Appointment of Agent
1.1 Principal hereby appoints Agent to act as its agent for the purpose of [specific purpose or scope of work] within the territory of [Territory].
1.2 Agent accepts such appointment and agrees to perform the duties and obligations as set forth in this Agreement.
2. Duties and Responsibilities of Agent
2.1 Agent shall diligently and faithfully perform all duties and responsibilities as specified in this Agreement.
2.2 Agent shall use its best efforts to promote the interests of Principal within the agreed territory.
3. Compensation
3.1 In consideration of the services rendered by Agent under this Agreement, Principal shall pay Agent a commission of [Commission Rate]% of the total sales value achieved by Agent during the term of this Agreement.
3.2 All payments due to Agent under this Agreement shall be made within [Number of Days] days after the end of each calendar month.
4. Term and Termination
4.1 This Agreement shall commence on [Start Date] and shall continue until [End Date], unless earlier terminated as provided herein.
4.2 Either party may terminate this Agreement upon providing [Notice Period] days' written notice to the other party.
5. Confidentiality
5.1 Agent acknowledges that it may have access to confidential information belonging to Principal during the course of its engagement. Agent agrees to keep such information strictly confidential and not to disclose it to any third party without the prior written consent of Principal.
6. Governing Law and Jurisdiction
6.1 This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
6.2 Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction].
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
[Signature of Party A]
[Name of Party A]
[Title of Party A]
[Signature of Party B]
[Name of Party B]
[Title of Party B]
Please note that this is a sample template and should be reviewed by a legal professional before being used in any actual business context. The specific terms and conditions may need to be tailored to fit the particular circumstances of your situation.