£130.00
If you are thinking of selling your products using Agents then you need to make sure that you have a contract with them. When employing an Agent you need to establish what it is you want them to do, what products they are expected to sell on your behalf, which areas of the Country you are expecting them to sell your products and when you will pay them. Employing an agent is covered by the Commercial Agents Regulations under European Legislation, which must be adhered to. The key factor in the regulations is that Agents are entitled to compensation in most circumstances where their agency arrangement is terminated.
Entering into an Agency agreement with your Agent will establish what you expect from each other. It will also ensure that your relationship is properly set out and governed by the relevant law.
Below is an example of how the agreement could be used. This does not cover every situation but gives an idea of how it works in a practical business situation. Additional clauses can always be added, or existing clauses adjusted for your personal use, by a specialist Intellectual Property lawyer.
When would you use it?
When you are specifically using Agents to sell your products.
With Whom?
With the Agent.
Why?
So that both parties understand what is expected from the business arrangement and to comply with European Legislation.
This agreement is a reusable legal document template which you can alter to include names, dates, addresses etc. There may be some clauses which need to be amended or deleted as they do not apply to your circumstances. This is because the document is designed as a general document to cover most commercial situations and therefore certain wording may not be appropriate, or suitable, for all situations.
As this agreement has not been drafted specifically for your circumstances, it is strongly advised, once you have made the appropriate changes to meet your business requirements, that you check it with your solicitor or with an ACID Accredited lawyer before using it, in order to ensure that the document suits your particular circumstances. No liability is accepted by ACID or any ACID Accredited Law Firm.
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