The distribution contract defines the products or services and the commercial responsibility to market the company`s products or services in accordance with the terms of the agreement. A section describes the actions that constitute a termination of the contract. If the agent is required to provide a license or authorization for the conclusion of sales, the agreement may indicate the terms of renewal of the licence or authorization. Even if the distributor works as an independent contractor, the contract may require the representative to commit to a regular sales quota. Therefore, the agent must reach his quota to obtain his status with the company. Additional requirements may be included in the contract, such as .B the seller`s obligation to undergo training or maintain a vehicle. The agreement may require the salesperson to compensate the company for the damage caused by his actions. PandaTip: The model also lists your responsibilities as a supplier of the products sold. These include training for distribution agency staff, providing sales and marketing security, and compliance with changes or improvements to the listed products. After the termination date, this contract remains in effect for an additional three years, unless a party responds to a request for termination. When a sale is made, a sales agent receives a commission, that is, a percentage of the total amount of the sale. As a general rule, it is concluded only if the company receives payment for the sale or if it charges the debitor. The point-of-sale contract defines the commission structure, including the basis of the commission and the formula used to calculate the agent`s commission.
The contract provides for a payment period explaining the procedures for allocating commissions. Most agent contracts contain a provision that the seller has the right to obtain monthly commissions and full inspections of his sales history. The distribution agency may not provide misleading or false information about products or companies in this distribution agency agreement. The company will provide all necessary distribution training at regular intervals for the distribution agency and Agency staff, if deemed necessary. PandaTip: This proposal gives you the right to terminate this contract through a sales agency for one of the reasons listed below. 4. Inform the sales manager of any problems that affect the company`s customers in the distribution area. When a company wants to recruit sales staff, it is important to provide them with sales policies and policies so that they can better represent the company in front of customers and customers. A trade agreement is a crucial document in hiring sellers. This agreement not only defines the land on which your business is based, but also gives the salesperson appropriate advice on their obligations and responsibilities and how they should behave around the people when they represent your business. This agreement also highlights the targeted sale that the agent must make with his salary, his schedules, his territory and his commission or any bonus at each sale. All information considered confidential by the company is retained, unless written consent from the company has been obtained in advance.