Maryland Exclusive Foreign Sales Representative Agreement

State:
Multi-State
Control #:
US-1067BG
Format:
Word; 
Rich Text
Instant download

Description

This form is for use in a transaction involving the appointment of a foreign sales representative. This type of agreement typically will be entered into between the manufacturer or owner of specified goods and a party located in the foreign country, referred to as the representative, pursuant to which the representative agrees to perform certain services with the aim of generating sales opportunities for the goods in the territory or market specified in the agreement. Goods are not purchased, or resold, by the representative, but will be sold directly by the manufacturer, and the representative will be compensated based on the volume of sales in the specified territory or market.
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FAQ

The enclosed document is a non-exclusive sales representative agreement. This means that the company is entitled to hire additional representatives to sell the same products perhaps even in the same geographical area.

A representation agreement sets out the terms of the relationship between the attorney and the client. The agreement also outlines the fees and compensation that the client will owe the attorney.

Each commission agreement should include the following info:Names of both signing parties.The legal relationship between the parties.Employment date.Non-compete clause.Commission structure.Potential base salary.Non-disclosure clause.

Standard Representation Agreement. Document that many professional player unions require agents to enter into with any players that they represent. Agents who do not use the standard representation agreement cannot represent players in the particular league. Apparent Authority.

A sales representative, quite simply, sells products or services for a company and represents their brand. They manage relationships with customers, serving as the key point of contact, from initial lead outreach to when a purchase is ultimately made.

The duration of the Agreement (the Major League Baseball Players' Association limits the duration of representation agreements to 1 year whereas the National Football League Players' Association has no limit)

The exclusive right-to-represent contract is the most common buyer representation agreement and best protects the agent.

The International Sales Representative Contract regulates the relationship between a person or. company (Agent) which acts as a sales agent on behalf of the exporting company (Principal), introducing its products to potential buyers in a foreign market.

Standard representation agreement. document that many professional player unions require agents to enter into with any players that they represent. fiduciary duty. any duty or act for the benefit of someone else while subordinating one's own personal interests; agent must act for the benefit of the principal.

The job of an international sales representative is to acquire and maintain global accounts for a company. International sales representatives communicate with international prospects, develop any understanding of any cultural or legal differences in the market, and often travel overseas to make sales.

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Maryland Exclusive Foreign Sales Representative Agreement