Agreement for Agency to Sell Goods
| Updated at | August 2010 |
This AGREEMENT made on this_______ day of __________
Between
_____________ a company registered under the Companies Act, 1956 and having its registered office at__________________________ hereinafter referred to as "the Principals" (which expression shall unless repugnant to the context or meaning thereof include its authorised representatives, successors and assigns) of the one part
And
M/s _________________, a Partnership firm having its principal office at __________ hereinafter referred to as "the Agent" (which expression shall unless repugnant to the context or meaning thereof include the partners for the time being or any change thereof, their heirs, executors, administrators, legal representatives and assigns) of the other part.
Whereas
i.The Principals are the sole selling agents of ________________(hereinafter referred to as the Company) for the whole of India vides Agreement dated between the Company and _______________.
ii. The Principals are empowered under the aforesaid agreement to appoint agents for the marketing of the products of the Company.
iii. M/s _______________ has approached the Principals for its appointment as an agent for the marketing of the Company''s product in the area of _______and the Principals have decided to appoint it as an agent on the terms and conditions hereinafter appearing.
Now this Agreement Witnesseth as Follows:
1. Term of Agreement
The Company appoints the Agent for a term of ______ years from the date hereof for the the marketing of the Company''s product in the area of _______
2. Principals to Supply Goods
The Principals hereby covenants as follows:
i. The Principals shall, from time to time, during the term of this Agreement, supply, at their own cost and charge, to the Agent as early as possible after receipt of his order in writing for the same unless they shall be prevented by some just and sufficient cause, such quantities and description of goods as the Agent may require
ii. The Principals shall not, during the term of this Agreement, supply such goods as aforesaid, whether for resale or otherwise, to any person or persons whosoever who shall resides or carry on business in the area of _______unless it has obtained the consent in writing of the Agent.
3. Agent''s Covenants
The agent hereby covenants as follows:
i. The Agent shall, during the term of this Agreement, use his best endeavours to sell and dispose of the goods supplied to him by the Principals as hereinbefore...
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