The Exclusive Agency Agreement form in Wayne serves as a crucial document between a Company and an Agent, establishing an exclusive agency relationship. This agreement outlines the duties and responsibilities of the Agent, who acts as an independent contractor rather than an employee, thus avoiding any employment tax liabilities. Key features include clear sections on compensation, expenses, term duration, and renewal conditions. Users are instructed to specify details such as specific duties, compensation terms, and expenses, ensuring clarity and mutual understanding. It also contains provisions for modifications, notices, and governing law applicable in Wayne. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it helps formalize agency relationships while safeguarding interests. The structured format allows for ease of filling and editing, which is essential for legal professionals who need to customize agreements to suit specific client needs. Overall, it is an essential tool for establishing legally binding agreements in agency relationships.