Sales Agent Agreement
Sales Agent Agreement
Sales Agent Agreement
This sales agent agreement is entered into and deemed effective as of [Agreement.
Date] between the following entities, collectively known as the “Parties”:
Commission
Commissions due to the Sales Agent shall include all orders within the territory
assigned regardless if the orders were solicited by the Sales Agent.
All commissions shall be computed based on the net sale total invoiced by the
Company to the Customer.
All commission payments shall be made in Philippine currency and will be subject to all
government laws including taxes and withholdings.
The commission shall be earned upon the customer payment date and will be due
within 30 days of the invoices’ creation and product and services delivered.
Any unpaid dues occurring due to unpaid customer invoices may be charged back to
the Sales Agent with prior notice and allowance for the Sales Agent to induce payment
of said charges. If payment is received the, Sales Agent will be entitled to the
compensations charged back.
A monthly earnings statement will be made available to the Sales Agent from the
Company on the 15th of each month, which will be inclusive of any and all earnings,
withholdings, and charge backs.
The Sales Agent will be allowed to audit and inspect the Company’s relevant accounts
so as to verify all earnings.
This audit will be at the expense of the Sales Agent and shall not occur more than twice
in any given twelve-month period.
Sale of Product
The Company shall provide an updated copy of all price lists, delivery schedules, as
well as any terms and conditions related to the products or services being sold.
All quotes given by the Sales Agent shall reflect the above documents.
The Sales Agent will have no authority to offer discounts or any other pricing unless
prior written consent has been obtained from the Company.
Additionally, the Company may change pricing, delivery costs, terms and conditions, or
delivery schedules with 30 days prior notice to the Sales Agent. These changes will not
affect any sales accepted prior to the notification date.
All quotes provided to customers must be submitted with invoicing and sales
documentation for every order.
All orders shall be conducted in writing and submitted no later than 5 days from the
customer’s order date.
All orders are subject to acceptance by the Company. The Sales Agent will have no
authority to make acceptance or delivery promises to customers.
The Company will be responsible for any and all collection attempts but may request the
assistance of the Sales Agent to cure such debts.
Any and all inquiries that occur outside of the Sales Agent’s assigned territory shall be
submitted to the Company in writing along with all original documents.
Trademarks
During this sales agent agreement’s term, the Sales Agent shall have rights to represent
the products within the designated territory including those products under trademark,
copyright, or trade name of the Company.
The Sales Agent will under no condition remove or alter any trademarks listed on the
product by the Company.
Confidentiality
The Sales Agent understands they may gain knowledge to certain information or
materials that are of high value to the Company.
Information of high value may not be disclosed to third parties under any circumstances
during the term of this sales agent agreement.
All information marked confidential by the Company will remain as so unless prior
written consent from the Company has been obtained.
Indemnification
It is and will remain the Company’s sole responsibility to develop, design, and produce
all of its products as well as all patents and trade names owned by the Company.
The Company agrees to hold the Sales Agent harmless against as well as pay any and
all claims, losses, fees or damages that may result from the infringement of the
Company’s patents, trade names, or products.
Furthermore, the Company will indemnify the Sales Agent with regard to any and all
costs arising from warranty claims, product liability claims, or negligence claims.
If the Sales Agent shall receive any notices with regard to any proceedings occurring
from the above instances such notices shall be delivered to the Company and the
Company shall defend any such litigation.
Termination
This agreement may be terminated under any of the following conditions:
Failure to meet quota requirements
Either parties filing for bankruptcy
Any breach of the conditions listed that is not cured within 30 days of notice
Upon either party’s conviction of a crime or action that impacts the performance
and ability to abide by the agreement terms
Withdrawal of either party
Notices
Any and all notifications with regard to this sales agent agreement shall be delivered in
person or via certified letter to the following addresses.
MIZELA CORPORATION
3rd Floor Unit 3-6 Elena Building I, Alabang Zapote Road, Las Piñas City
Sales Agent
(Address)
Assignment
Both parties agree not to transfer this agreement or any obligations pertaining to this
agreement without prior written consent.
Property Rights
The Sales Agent understands and agrees the Company is the rightful owner of any and
all titles, rights, interest, and products included in this agreement.
The Sales Agent will be permitted to use the products in accordance with this
agreement and upon termination will relinquish any rights obtained.
Modification
In the event any modifications or changes or required to this agreement while in effect,
such changes must be submitted in writing and approved by both parties prior to
changes coming into effect.
Entirety
This agreement and all its entirety shall constitute as the entire agreement between the
parties. This agreement supersedes any and all previous agreements whether oral or
written between the parties.
Acceptance
By signing below, both parties acknowledge and agree to all the terms and conditions
set forth within this sales agent agreement.
MIZELA CORPORATION
Roberto Jose P. Mancia Jr.
(Signature)
Agent
(Signature)