Agent Agreement to Manufacture Overseas
Download the Agent Agreement to Manufacture overseas in word format. Download once, save and reuse as you need.
Agent Agreement to Manufacture Overseas
Agreement to Arrange Manufacture
Agent Agreement to Manufacture Overseas includes Issues & Interpretation, Rights Granted, Duration Of Agreement, Termination,Terms Of Payment
A Manufacturing Agent Agreement to Manufacture Overseas is a legal document used when a business is satisfied with the manufacturer and wishes to engage them to produce their goods overseas. The Manufacturing Agreement covers design and the material to be used, up to costs, payment and delivery.
A Manufacturing Agreement for overseas formalises the terms of the manufacturing process.
As a large portion of manufacturers are based overseas, the Manufacturing Agreement Overseas will provide you with added security. It can be used with manufacturers based in other countries.
Agency Agreement to Manufacture Overseas covers:-
- Issues And Interpretation
- Rights Granted
- Duration Of Agreement
- Termination
- Terms Of Payment
- Agent’s Duties And Undertakings
- Quotations
- Duties And Undertakings
- Confidentiality
- Indemnity
- Infringement
- Relationship Of Parties
- Insurance
- Severability
- Force Majeure
- Assignment
- Waiver
- Entire Understanding
- Variation
- Notices
- Dispute Resolution
- Execution Of Counterparts
12 pages
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An agency relationship is where one party (the agent) has the authority to enter contracts with a third party (the customer) on behalf of the second party (the principal).
An Agency Agreement occurs when 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 Agreements often concern agents or principals overseas. Such Agency Agreements or 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.