The Commission Agreement general form statement for graduate school in Virginia outlines the relationship between a Company and an Agent appointed as an exclusive or non-exclusive agent. This form includes essential components such as the agency appointment, a detailed description of the Agent’s duties, and the commission structure based on a percentage of total sales. It clarifies that the Agent is an independent contractor responsible for their own taxes and insurance. Key sections cover the term of the agreement, renewal options, and modification procedures, ensuring both parties understand how to amend the contract. The document also stipulates the handling of notices and the governing law, providing a comprehensive legal framework for the agreement. It is particularly beneficial for legal professionals, including attorneys, paralegals, and associates, as it simplifies the process of establishing agent relationships in a clear manner. The form ensures clients comply with Virginia laws while allowing for customization based on specific needs.