Commission contract

Authorized Agency Deed

In consideration of the services rendered to ABC Company by the appointed agency, hereinafter referred to as “the Agency”, ABC Company hereby appoints the Agency to act as its authorized agency on the terms and conditions set forth below.

1. Commitment to represent ABC Company

The Agency shall not represent any other company or individual without the written consent of ABC Company. The Agency is committed to representing ABC Company and its products in the best possible manner.

2. Scope of services

The services to be provided by the Agency shall include, but are not limited to, the marketing, advertising, and distribution of ABCD’s products within the scope of the Agency’s territory.

3. Duties and Responsibilities

The Agency shall be responsible for:

a. The agency shall develop and implement a plan for marketing and distributing ABC Company’s products within the scope of its territory

b. The agency shall ensure that the products are sold and distributed in accordance with ABCD’s marketing policies.

c. The agency shall provide periodic reports to ABC Company detailing its activities and the results achieved in its marketing efforts.

d. The agency shall be responsible for the recruitment, training, and management of its employees in the best interests of ABC Company.

4. Compensation

The Agency shall receive a commission for the sales of ABC Company’s products in accordance with the written agreement between ABC Company and the Agency.

5. Termination

This Deed may be terminated by either ABC Company or the Agency, at any time, by giving written notice of termination to the other.

6. Liability

The Agency shall be liable for any act or omission of any of its employees in the course of their employment under this Deed.

This Deed shall be binding upon the parties and their respective successors and assigns.

IN WITNESS WHEREOF, the parties have hereunto set their hands the day and year first hereby written:

ABC Company _____________________

The Agency _____________________

Entrustment Contract

Entrustment contract, also called power of attorney contract, refers to a contract between two parties in which one party entrusts the other party to act on its behalf and deals with its affairs. It is an agreement based on trust.

In order to better protect the interests of both parties and avoid disputes, the entrustment contract should be as comprehensive and detailed as possible, so as to fully specify the scope of authorization and responsibilities of the agent.

Entrustment contract generally includes the following content: the effectiveness of the contract, the obligations and legal responsibilities of both parties, the scope of authority of the agent, the limitation of power and the duration of validity. The format of the contract should be clear, the language should be explicit and unambiguous, and the contents must be complete, without any omission.

Moreover, it is stipulated in the entrustment contract that the content and the process of using the authority should be fulfilled in good faith, and the entrusted party should faithfully and faithfully perform the obligations entrusted to it by the entrustor and not wrongfully damaging any interests of the entrustor.

In conclusion, an entrustment contract is an agreement built upon trust, which should be carefully examined in terms of its scope and content, so as to avoid disputes caused by unclear and incomplete provisions in the contract.