This marketing agreement is suitable for intellectual property owner (e.g. software license) appointing marketing agent into new territory. The Agent will be paid a commission as a % the Sales Amount instead of buying on own account. The Agent can also be a sales representative. This agreement is drafted in favour of the Agent.
The Principal is a development and management company that, among other things, designs, develops, and licenses solutions for the customer.
The Principal desires that certain of its solutions (the “Principal Products”) be licensed to Customers in a certain territory (the “Territory”) and that Agent act as Principal’s representative in connection with the promotion and sale of the Principal Products in the "Territory" as defined below under the terms and conditions of this Agreement.
The Agent has the ability to act as Principal’s representative in connection with the promotion and sale of the Principal Products in the Territory.
Principal appoints Agent as its exclusive Marketing Agent in the Territory for the Term of this Agreement. Principal also grants Agent the right of first refusal during the Term of this Agreement to act as Principal’s Marketing Agent in other territories within [REGION] under terms and conditions to be later determined by Principal in its sole discretion.
Principal appoints Agent as its exclusive Sales Representative in the Territory for the Term of this Agreement. Principal and other Sales Representatives may conduct sales of the Principal Products in the Territory, except as otherwise provided in this Agreement. Principal may, in its sole discretion, permit Agent to conduct sales of the Principal Products outside the Territory on a case-by-case basis.
1. Create Document: Click on “Create document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account.
2. Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the “Next” button.
3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.