An agreement for appointing or acting as a commercial agent, compliant with the Commercial Agents (Council Directive) Regulations 1993. Covers a standard two-party agency arrangement for the sale of goods within a defined territory.
What's included
- A consultation to understand the agency relationship, products, and territory.
- Drafting of an agency agreement covering appointment, territory, exclusivity, agent's duties, principal's obligations, commission structure, reporting, duration, termination (including compensation or indemnity on termination under the Regulations), and governing law.
- One round of revisions based on your feedback.
- Final version ready for execution.
What's not included
- Multi-territory or multi-agent arrangements.
- Agency arrangements for services (the Commercial Agents Regulations apply only to the sale of goods).
- Distribution agreements (see separate service).
- Negotiation with the other party beyond the scope described above.
- Tax advice (including VAT, corporation tax, income tax, capital gains tax, and stamp duty).
FAQ
Q: What are the Commercial Agents Regulations?
A: These Regulations give commercial agents significant rights on termination, including potential compensation or an indemnity payment. These rights cannot be contracted out of. The agreement must be drafted with these Regulations in mind.
An agreement for appointing or acting as a commercial agent, compliant with the Commercial Agents (Council Directive) Regulations 1993. Covers a standard two-party agency arrangement for the sale of goods within a defined territory.
What's included
- A consultation to understand the agency relationship, products, and territory.
- Drafting of an agency agreement covering appointment, territory, exclusivity, agent's duties, principal's obligations, commission structure, reporting, duration, termination (including compensation or indemnity on termination under the Regulations), and governing law.
- One round of revisions based on your feedback.
- Final version ready for execution.
What's not included
- Multi-territory or multi-agent arrangements.
- Agency arrangements for services (the Commercial Agents Regulations apply only to the sale of goods).
- Distribution agreements (see separate service).
- Negotiation with the other party beyond the scope described above.
- Tax advice (including VAT, corporation tax, income tax, capital gains tax, and stamp duty).
FAQ
Q: What are the Commercial Agents Regulations?
A: These Regulations give commercial agents significant rights on termination, including potential compensation or an indemnity payment. These rights cannot be contracted out of. The agreement must be drafted with these Regulations in mind.