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Get Freight Broker Agent Agreement Template
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How to fill out the Freight Broker Agent Agreement Template online
Filling out the Freight Broker Agent Agreement Template online is a straightforward process designed to facilitate your entry into a professional relationship with Spirit Logistics, LLC. This guide will provide you with a clear, step-by-step approach to completing the agreement accurately and efficiently.
Follow the steps to complete the agreement with ease.
- Press the ‘Get Form’ button to access the Freight Broker Agent Agreement Template and open it in your browser or editor.
- In the first section, insert the current date in the designated field to indicate when the agreement is effective.
- Enter the name of the agent in the appropriate blank space to identify who is entering into the agreement.
- Read through the definitions section to ensure a clear understanding of terms like Carrier, Customer, and Customer Contract as these will be relevant to your role.
- Complete the appointment section acknowledging that you accept the role of sales agent for Spirit Logistics and understand the limitations outlined.
- Review the contract approval requirements, ensuring you understand that you must present all proposed customer and carrier contracts for approval before execution.
- Fill in the commission structure by reviewing the attached Exhibit A, making sure to understand how commissions will be calculated and paid.
- Finalize any remaining sections, including indemnification clauses and confidentiality agreements, being careful to read and understand your obligations.
- Once all sections are filled out, review the entire form to ensure accuracy and completeness.
- Save any changes you made, and choose whether to download, print, or share the completed document as necessary.
Complete your forms online today to establish your professional relationship with Spirit Logistics.
Freight agent commission splits The average commission rate can range from 25% to 70% of the gross margin. The average is from 50% to 65%. This can vary depending on the type of freight brokerage: Asset-based broker have their own certification with the FMCSA and own a fleet of trucks, equipment, and warehouses.
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