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AUSTRALIAN LEGAL TEMPLATES

Agency Agreements

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Exclusive Agency Agreement

Appointment of a Purchasing Agent

An Exclusive Agency Agreement is an restrictive agreement (involving a good, service, market, or territory) that binds a principal and an agent in an association under which neither can make any similar deals with the other’s competitors (for a specified period).  

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Sole Agency Agreement

Agency Agreement for a company appointing the agent as its sole or exclusive agent for the purchase of all goods.

A sole agency agreement is similar to an exclusive agency agreement. You give rights to one agent to sell the property but you may find a buyer yourself. If you find a buyer who has not been introduced by the agent, then no commission is payable to the agent.

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Real Estate Agency Agreement

This Contract is most suitable for sales of real estate for commission only. Consultant is a sales consultant bearing all its own costs and disbursements and generating sales of real estate. 

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Agency Agreement Appointing Agent

An Agency Agreement when an agent is appointed to arrange the manufacture of goods overseas. An Agency Agreement is appointed to source an overseas manufacturer.

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Agent Agreement to Manufacture Overseas

Agent Agreement to Manufacture Overseas includes Issues & Interpretation, Rights Granted, Duration Of Agreement, Termination,Terms Of Payment

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Manufacturing using Licensed Technology

Manufacturing Supply Agreement whereby a company grants a licence to use patented technology to manufacture goods and sell in a specific territory in exchange for royalties.

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In an agency relationship one party (the agent) has the authority to enter contracts with a third party (the customer) on behalf of the second party (the principal).  The agent transacts on behalf of the principal, and the actual sales contract is between the principal and the customer.  A supplier usually imposes few restrictions on agents and these normally relate to the agent’s powers to bind the supplier.

 

The agent is accountable for everything they do.  If they incur debt, they are the debts of the principal.  If they break the law, the vicarious responsibility is that of the principal.

 

Agency contracts often concern agents or principals overseas.  Such contracts may include terms from Incoterms.  ‘Incoterms’ refers to the collection of essential international commercial and trade terms.  The terms were devised in recognition of non-uniform standard trade usages between various States.  When incorporated into a contract, the Incoterm code provides a detailed interpretation of rights and obligations between parties.

 

This is not legal advice by Precedents Online or its Authors.

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