Agency By Agreement


If you (as a sales agent or principal) would like to help you establish and negotiate an applicable and legally binding agency contract, or in the event of a dispute or termination of an agency contract, please contact us. 1. Overview The end of an agreement is as important as its beginning. A change in the business climate or objectives of the parties may indicate that it is time to terminate the contract and relieve the parties of their obligations. A clean break will ensure the safety of both parties, respect their commitments and lead to an amicable conclusion of the agreement. The agency agreement between the two parties should include that manufacturers and suppliers of products often use agents who act on their behalf to promote sales, both in the manufacturer`s home country and abroad. As a general rule, a formal agreement is signed to determine the commission collected by the agent, the territory, the duration and other conditions under which the client and the agent jointly conduct business. A commercial agency contract is a contract of common interest that is subject to a duty of bilateral loyalty (Com.C. art.

L. 134-4). If the client does not comply with this obligation, he can attribute the violation initiated by the agent and, therefore, the (…) Hire someone to complete the little project you`ve had to do for ages? If they work as independent contractors and not as employees, be sure to protect your business with an independent contract. Businesses and individuals create agencies for all possible purposes. If you have a circumstance that warrants hiring an agent, you can create your own agency contract or have an online service provider prepared. 1. Overview Recruiting an agent or agency to represent your business is a simple and cost-effective way to grow your business without hiring additional staff. In addition to the obvious expenses for wages, bonuses and other compensation, employees can cost a business more subtly and require further investments in benefits, payroll taxes, insurance premiums, offices and equipment. Transparency and loyalty are the characteristics of the relationship between the client and the sales agent. In any case, that is how the regulation of the agency contract provides for things, as is the case with the article. L. 134-4, paragraph 2, of the Code of Commerce means that “the relationship between the (…) Another important judgment, which emphasizes the importance of the applicable law, is the so-called UNAMAR decision.

The result of this decision is that a Dutch client, who appoints a Belgian representative and makes a legal choice in favour of Dutch law, is not obliged to subject the client to the wider protection of the agent under Belgian law, unless the Belgian court decides that strengthening the protection of the Belgian representative serves a fundamental national interest.

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