Business Representation Agreement

Participation in the call for tenders. Sometimes a foreign bidder must have a local party with them when they are a candidate for a public sector order in the country. The agreement may contain a clause to deal with this participation, although the details are in any case clarified. This can be an incentive for the representative, as he can get a share of the contract if the offer is successful Clause 3.3 imposes an obligation of good faith on the representative. The agreement does not contain a clause prohibiting the agent from acting for the customer`s competitors and, if necessary, additional wording could be inserted. In many countries, a foreign company wishing to do business needs a local representative or partner. This clause deals with the possibility for the client to prove that he has a local agent in order to be able to submit a qualified offer. The representative has the right to refuse before the agent`s order, but if conditions cannot be agreed, the customer is free to appoint someone else. This clause sets the start date and the initial duration set. Each party has the right to terminate with a period, first at the end of the first year, then with a period of 3 months or a period agreed between the parties. Unless terminated, the agreement continues from year to year.

A company that wants a representative to be able to seek tendering opportunities in another country can use this representation agreement. The representative is probably a company in this country with good contacts in the sector in which the foreign company wishes to enter. What is the purpose of this proposal for agent agreements? This agent contract is suitable for a company (or individual) who wishes to act as a commercial agent for a manufacturer or supplier. The terms of the agreement are. This Agency Agreement is entered into from [date] of [Sender.Company] whose registered office is in [Sender.Address] (the Company) and [Client.Company] whose registered office is in [Client.Address] (the “Agent”), both of which agree to be bound by this Agreement. In addition to the provisions of clause 2.2, any party may terminate the contract if the other party breaches the contract or becomes insolvent. This agreement exists between a client in one country who wishes to appoint a representative in another country to present it to potential companies. The agreement is quite limited in scope and is not intended as an agency contract in its own right. Instead, the representative`s activities are mainly limited to providing tender information to the client. However, the agreement provides that if issues work between the two parties, the representative of the local agent, or even the customer`s local partner, can become. This clause gives the representative the right to be considered for the role of local agent if the client decides to settle in the territory, but does not oblige the client to appoint the representative. It should also be noted that, in some countries, caution should be exercised when registering agency and representation agreements, as termination may involve the payment of compensation by a client.

CONSIDERING that the undertaking and the agent wish to conclude an agreement under which the agent markets and sells the product under the conditions contained therein. . . .