Professional Documents
Culture Documents
This Sales Agency Agreement made and entered into this __ day of
___________ 2015 in Makati City by and between:
- and –
WITNESSETH:
WHEREAS, the AGENT has offered his services to the PRINCIPAL as a Sales
Agent;
1. TERM. The term of this Agreement shall be for a period of __ months, beginning
on _________ <date>, and renewable upon mutual agreement of the parties,
unless it is sooner terminated by the PRINCIPAL.
3. COMMISSION.
a. For and in consideration of the services to be performed by the AGENT, he
shall receive a Sales Commission of up to two percent (2%) of the “Total
Generated Sales”. The AGENT is completely aware and understands that he
shall be purely on commission basis only, and will not be provided with any
basic pay.
b. For the purposes of this Agreement, “Total Generated Sales” shall mean the
actual sales / actual orders made by the employees of the corporations,
employers, and other entities which have signed a Memorandum with the
PRINCIPAL through the efforts of the AGENT.
1
c. The Sales Commission of the AGENT shall be computed and paid on a
monthly basis.
4. ALLOWANCE.
a. Transportation. The AGENT shall be entitled to a weekly transportation
allowance of One Thousand Pesos (P1,000), which shall be subject to proper
accounting, including submission of sales report and receipts.
5. BEST EFFORTS. The AGENT agrees to devote his best efforts to secure clients
for the PRINCIPAL, and to conform to the best of his abilities with the general
instructions of the PRINCIPAL given by any of its authorized representatives.
If any client of the PRINCIPAL, which was secured by the AGENT, refuses to
make payment, the AGENT shall use his best efforts to assist the PRINCIPAL in
collecting payment from the said client.
6. CONFIDENTIALITY CLAUSE. The AGENT shall not, either during the term of
this Agreement or any time thereafter, use or disclose to any person, firm or
corporation any information concerning the business or affairs of the PRINCIPAL
which he may have acquired by reasons of his employment, for his own benefit
or to the detriment of the PRINCIPAL.
9. TERMINATION. The PRINCIPAL may terminate, this Agreement with cause for
breach by AGENT of any provision of this Agreement provided that written notice
of breach has been given to AGENT and such breach has not been cured within
fifteen (15) days after delivery of such notice.
The PRINCIPAL may also terminate this Agreement without any cause, and in its
sole discretion, by providing thirty (30) day notice to the AGENT, prior to the
intended date of termination.
10. NON-ASSIGNABILITY. Neither party shall assign its rights or obligations nor
delegate the performance of its duties under this Agreement without the prior
written consent of the other party.
2
12. NON-WAIVER. No waiver of a breach of the terms of this Agreement shall be
effective unless made in writing, duly signed and furnished to the other party, and
no such waiver shall be deemed a waiver of any other existing or subsequent
breach.
13. VENUE. All actions arising from the implementation and enforcement of this
Agreement shall be exclusively filed in the proper courts of Makati City, all other
venues being expressly waived.
IN WITNESS WHEREOF, the parties hereto have signed this instrument this ___
day of _____________ 2015 at City of Makati.
xxxxx ___________________
Principal Agent
By:
xxxxx
___________________ ____________________
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the City of Makati, this ___ day of __________
2015, personally appeared:
known to me and to me known to be the same persons who executed the foregoing instrument
consisting of four (4) pages, including this page wherein this Acknowledgment is written and
acknowledged to me that the same are their free and voluntary act and deed.