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Business agent contracts



Sun 17 December 2023 Business agent contracts

The main benefit of an agency agreement is that it allows the principal to expand into new markets without having to employ their own sales staff. This is because the agent acts as the principal's representative and is responsible for promoting and selling the principal's products or services to customers in the agreed-upon territory.

If you need a solicitor to draft a contract for a business agent, or are an agent offered a contract and would like to have it reviewed, please do get in contact. We also advise on legal issues and disputes relating to business agent dealings.

What to include in a Business Agent Agreement

The key features of an agency agreement include:

Enhanced Rights of Agents under the Commercial Agents Regulations

In the UK, the Commercial Agents (Council Directive) Regulations 1993 provide specific protections for commercial agents. These protections can include notice periods for termination, compensation payable following termination, and restrictions on the agent's ability to compete with the principal.

Solicitors for agency agreements

We are experienced, practical and cost effective in drafting, reviewing and advising on contracts for business agents,whether sole agency or not and whether based in the UK or internationally (where English Law is expressly stated as the Governing law)

We can advise on the implications of these protections and help you resolve disputes arising from termination.If you are an agent,or a principal, we can help you navigate the complexities of agency law and protect your business interests.


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