COMMISSION / SALES AGENT AGREEMENT
This Agreement is made on [Date] between [Company Name], having its office at [Address] ("Company"), and [Agent Name], having its address at [Address] ("Agent").
- Appointment. The Company appoints the Agent to promote and solicit orders for its products/services in [Territory] with effect from [Effective Date].
- Term. This Agreement shall remain in force for [Number] months, subject to renewal by mutual consent.
- Duties. The Agent shall diligently promote the Company's offerings, meet the sales target of [Target], and forward orders for the Company's acceptance.
- Commission. The Company shall pay commission at [Percentage]% on the net value of realised sales, subject to TDS and GST as applicable.
- Payment. Commission shall be payable within [Number] days after the Company receives payment from the customer.
- Independent Status. The Agent acts on a principal-to-principal basis and is not an employee; the Agent shall bear its own expenses and taxes.
- No Authority to Bind. The Agent shall not conclude contracts or make representations binding the Company without written authority.
- Confidentiality & Non-Compete. The Agent shall keep Company information confidential and shall not represent competing products during the term.
- Termination. Either party may terminate with [Number] days' notice; the Company may terminate immediately for breach.
- Governing Law & Jurisdiction. This Agreement is governed by Indian law and subject to the exclusive jurisdiction of the courts at [City].
- Dispute Resolution. Disputes shall be referred to arbitration under the Arbitration and Conciliation Act, 1996, seated at [City].
IN WITNESS WHEREOF, the parties have executed this Agreement on the date first written above.
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For [Company Name]
For [Company Name]
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[Agent Name]
[Agent Name]
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Witness 1
Witness 1
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Witness 2
Witness 2