A client initiates the agency agreement; a principle looking for an agent who provides certain services to his business. The document serves as a fact sheet containing relevant details about both parties, the senior officer and the officer. It also describes the nature of the activity in which the client operates. Don`t rush with your selection. Take as long as it takes to make sure you`ve made the right choice. Once the agency agreement is reached, this could be the beginning of a very long-term business relationship. The non-competitive clause in section 7:443 of the Dutch Civil Code, which contains mandatory provisions, limits the freedom of the sales agent to work after the termination of the agency contract. The clause is only valid if it can, at the request of the commercial agent, nullify all or part of the non-competition clause, since it disproportionately affects the commercial agent with respect to the interest to be protected by the client. In a number of specific cases, the client cannot deduct rights from a non-competition clause, for example. B if the statutory deadline for termination was not met at the time of termination of the agency contract, or if the termination is due to an urgent reason attributable to the client. From the point of view of the contracting authority, it is therefore desirable to include an appropriate non-competition clause in the agency contract. In addition, an agency contract is terminated by: If you wish (as a sales agent or as a contracting entity) assistance in establishing and negotiating a viable and final agency contract, or in the event of a dispute concerning or in the event of termination of an agency contract, please contact us. An agency agreement, also known as an agent agreement, is a document between two parties, a client and an agent.
The client is the person who is essentially “employee” or hired by the agent (although a working relationship is generally not established between the two). The agent is the person acting on behalf of the client. In an agency agreement, the agent undertakes to assume certain responsibilities and the adjudicating entity undertakes to delegate certain responsibilities to the agent in order to allow the agent to act for the client in the specific situations described in the agreement. Many states apply the rule of the same dignity, according to which the agency agreement must be written if the subsequent agreement was necessarily written, as. For example, a contract to purchase goods worth thousands of dollars. If a clientele and/or territory have been assigned to the sales agent, this is only the case, unless it has been expressly agreed that this was not the case (Article 7:431, paragraph 1, point c) of the Dutch Civil Code). Therefore, it is important (from the client`s point of view) to explicitly declare in an agency agreement that there is no exclusivity. An agency contract is a legal contract that creates a trust relationship, with the first party (“the donor”) agreeing that the actions of a second party (“the agent”) bind the client to subsequent agreements of the agent, as if the client had himself entered into the subsequent agreements.