When a product manufacturing company wants to expand their horizon to sell their product they take the help of an agent distributor and on such occasion a legal document is drafted which is known as the agent distributor agreement. The agreement binds the agent distributor to follow the terms and conditions laid down by the product manufacturing company.
Sample Agent distributor agreement
This agreement has been drafted on this day of 10th of April 2011 between Horn Limited referred to as the manufacturer and Jerry Lewis referred to as the agent distributor to promote and get buyers for the products manufactured by Horn Limited.
Terms and conditions:
The agreement goes into effect from 15th of April 2011 and expires on 14th of April 2013. The renewal of the agreement is at the discretion of both the parties.
The agent distributor has to get buyers within the state of Arizona for the horns manufactured the manufacturer.
The agreement can be terminated at any point of time without giving any notice period if the agent distributor is found promoting the products of the competitor of the manufacturer.
The agent distributor will get a commission of five percent for every sale made.