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Sales Agency Agreements

Have you an agency agreement in writing with your principal (i.e.:- a formal written document, signed by both parties)? If so, are you aware of the practical meaning and effect of its terms?

Do you know if you have agreed in any such written agreement to compensation or instead to an indemnity, as a prospective entitlement as a result of the termination of the agency relationship?

Have you agreed to any valid post termination restrictive covenant?

Do you know which country’s laws govern the agreement? 

Did you in fact take specialist advice before you signed the agreement and so as to then have the relevant expert assistance to ensure the exclusion of particularly disadvantageous provisions, or so as to ensure amendments were made which significantly watered down or neutralised otherwise ‘bad’ clauses from your point of view?

BE EMPOWERED, TAKE ADVICE.

© David Bentley, Bentley Agency Law Limited, Bentley & Co Solicitors 7 Littlemoor Road, Pudsey, Leeds, LS28 8AF
T: – 0113 236 0550 e-mail:- [email protected].

The ONLY law which we practice is the law as it relates to commercial agents.

Please note that, as far as we can, we take cases on on a “success related fee”.

Please ensure that you obtain legal advice before acting in reliance upon anything in this article, particularly since each individual’s circumstances may necessitate a unique approach, and also on account of the fact that the law may of course at any time change. Furthermore, please be very clear that the answers given in this column may not cover or otherwise refer to all possible angles, aspects, relevant information and/or points of law and so that all or any information which is given above needs in every instance to be referred for legal advice for clarification and amplification, before being relied upon.

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