The presentation of the agency agreement defines some important features of the agreement that will exist between the client and the agent. This information includes the duration of the Agency, royalty information and the specific reasons why the client needed an agency. (a) nomination. Subject to the terms of this Agreement, the Entity appoints the agent as the exclusive agent to market and promote the products and obtain orders for the products in the territory. The officer accepts this appointment and undertakes not to use third parties to fulfill his obligations under this Agreement without the prior written consent of the Entity. It is expressly agreed that the agent is not entitled to enter into agreements or make commitments on behalf of the company. (h) „territory“ [insert list of countries covered by the Agency]. This agreement constitutes the whole agreement between the parties on this subject and replaces all previous agreements and instruments in this area. If there is a discrepancy between the provisions of the exclusive agency agreement and the provisions of Schedule A or Appendix B, the terms of the exclusive agency agreement apply. This agreement can only be amended by a written instrument executed by duly accredited representatives of the parties. Each company and any agent acknowledges that a violation of Articles 3, 8 or 9 would cause immediate and inappropriate harm for which monetary damage would be insufficient. Accordingly, the aggrieved party is entitled to an omission for breach by the other party of its obligations under those sections, without evidence of actual harm and without the posting of obligations or other security.

This remedy is not considered an exclusive remedy for this violation, but in addition to any other legal or equity remedies. Many companies today use the services of another company to represent them as representatives in their business. To do this, the company must enter into an agency agreement. In the case of a sales agency contract, the contract provides, for example.B. that the representative of the company operates as the commercial representative of the company, whether it is an exclusive relationship or not; The procedure for denouncing the agreement; How commissions are calculated and more. A client initiates the agency agreement; a principle looking for an agent who provides certain services to his business.