![]() ![]() These responsibilities include attaining an annual quota, conducting advertising and other promotion activities, and providing pre-sales customer support. This template clearly defines the sales agency’s responsibilities as they relate to this agreement. The Company will be responsible for any and all collection attempts but may request the assistance of the Sales Agency to cure such debts.Īny and all inquires that occur outside of the Sales Agency’s assigned territory shall be submitted to the Company in writing along with all original documents. The Sales Agency will have no authority to make acceptance or delivery promises to customers. These changes will not affect any sales accepted prior to the notification date.Īll quotes provided to customers must be submitted with invoicing and sales documentation for every order.Īll orders shall be conducted in writing and submitted no later than 5 days from the customer’s order date.Īll orders are subject to acceptance by the Company. The Sales Agency will have no authority to offer discounts or any other pricing unless prior written consent has been obtained from the Company.Īdditionally, the Company may change pricing, delivery costs, terms and conditions, or delivery schedules with 30 days prior notice to the Sales Agency. 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.Īll quotes given by the Sales Agency shall reflect the above documents. This section of the sales agency agreement template outlines process and procedure for sales and post-sales activity, including quotes, support, and collection of unpaid dues by end users. This audit will be at the expense of the Sales Agency and shall not occur more than twice in any given twelve month period. The Sales Agency will be allowed to audit and inspect the Company’s relevant accounts so as to verify all earnings. If payment is received the, Sales Agency will be entitled to the compensations charged back.Ī monthly earnings statement will be made available to the Sales Agency from the Company on the 15th of each month, which will be inclusive of any and all earnings, withholdings, and charge backs. The commission shall be earned upon the customer order date and will be due within 30 days of the invoices’ creation and product shipment.Īny unpaid dues occurring due to unpaid customer invoices may be charged back to the Sales Agency with prior notice and allowance for the Sales Agency to induce payment of said charges. This section of the template defines the nature of those commissions as well as their method of calculation and payment.Ĭommissions due to the Sales Agency shall include all orders within the territory assigned regardless if the orders were solicited by the Sales Agency.Īll commissions shall be computed based on the net sale total invoiced by the Company to the Customer.Īll commission payments shall be made in US currency and will be subject to all government laws including taxes and withholdings. ![]() If you need to rely on the other organisation taking certain actions or if your organisation stands to lose money if the other party doesn’t act – your organisation should enter into a contractual arrangement.The terms of this template grant all revenue from sales to your company, save for commissions to the Sales Agency. To help avoid any uncertainty about whether an MOU is legally binding, your organisation should make sure the MOU contains a specific statement to the effect that it is not intended to create legally binding obligations. ![]() An MOU is therefore usually more of a 'high level' agreement.Īn MOU is generally considered ‘an agreement to agree’ or an agreement to enter into a more specific and comprehensive contract or agreement at a later time after further negotiations. In general, an MOU will not deal with the specific details of particular projects. Before reading further, see our guide to working with other organisations.Īn MOU will typically establish a framework for the collaboration between the organisations and express the common goals or vision of the parties to the MOU. ![]()
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