This branch management agreement (to establish & manage) template has 4 pages and is a MS Word file type listed under our consultant & contractors documents.
Sample of our branch management agreement (to establish & manage) template:
BRANCH MANAGEMENT AGREEMENT This Branch Management Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Company"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the "Agent"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS [COMPANY NAME] carries on the business of [BRIEFLY DESCRIBE NATURE OF BUSINESS], inter alia, throughout [COUNTRY] (the "Business"); WHEREAS Company wishes to engage [AGENT NAME] to establish and manage a branch office on its behalf in [STATE/PROVINCE] in connection with the [COUNTRY] operations of the Business (the "[COUNTRY] Business"), and the Agent wishes to establish and manage a branch office in the [STATE/PROVINCE] for and on behalf of Company in connection with the [COUNTRY] Business; WHEREAS both parties, wish to set out in writing the terms and conditions of their arrangement; NOW THEREFORE BOTH PARTIES HERETO AGREE AS FOLLOWS: 1. PREAMBLE The Preamble to this Agreement shall form an integral part hereof as if at length recited herein. 2. ENGAGEMENT Company hereby engages the Agent, who agrees to act as its manager in charge of the [COUNTRY] Business, for the term and remuneration and under the terms and conditions hereinafter set forth. 3. SCOPE OF SERVICES TO BE PROVIDED The Agent shall carry out the duties incumbent upon a manager in charge of the [COUNTRY] Business of Company and shall act as such throughout the term of this Agreement and any extensions or renewals thereof as provided for herein, the whole subject to such adjustments, extensions or limitations of its functions as may be hereinafter set forth or determined from time to time by the authorized representatives of Company: 3.1 accepting orders from customers and prospective customers for the [COUNTRY] Business (the "Customers") for the services offered by the [COUNTRY] Business, with authority to bind Company therefore, subject to the following conditions: 3.1.1 the Agent may only accept orders in connection with the [COUNTRY] Business which represent current or potential services performed or to be performed by Company within [COUNTRY] only; and 3.1.2 the orders accepted by the Agent shall be on Company's standard lease forms incorporating Company's standard terms and conditions, such lease forms to be provided by Company; 3.2 following up inquiries with the Customers; and 3.3 using all reasonable efforts to promote the use of Company's services and the interests of Company in general. 4. DILIGENCE In carrying out its functions as the Agent in charge of the [COUNTRY] Business, the Agent shall act in good faith with due care, prudence and diligence and in the best interests of Company, and the Agent agrees to devote the necessary business time and effort to the performance of its duties and obligations hereunder. 5. COMPENSATION As compensation for the services to be performed hereunder by the Agent as aforesaid, Company agrees to pay to the Agent the monthly fee of [AMOUNT] in [CURRENCY] for each month of the term of this Agreement (the "Compensation") payable in [NUMBER] equal consecutive monthly installments in advance of the [NUMBER] day of each month, and shall reimburse to the Agent all reasonable expenses incurred by it in connection with the fulfillment of its duties hereunder, upon presentation by it of evidence thereof. In the event that this Agreement is terminated prior to the expiry of its term, the Agent shall be entitled to the portion of the balance of the Compensation which corresponds to the portion of the current month of this Agreement throughout which this Agreement remained in force, payable at the time of the termination of this Agreement. 6. TERMS This Agreement shall be for an initial term of [NUMBER] year and shall be automatically renewed from year to year unless either party gives the other party written notice of its intention not to renew the present Agreement at least [NUMBER] days prior to the expiry of any such term. 7. TERMINATION Notwithstanding the terms hereof, the present Agreement shall terminate automatically upon any breach of the terms and conditions hereof by the Agent, without compensation (save as provided for in Article 5, notice or delay. Furthermore, notwithstanding the foregoing, either party to this Agreement may terminate this Agreement at any time upon [NUMBER] days' written notice to that effect to the other party.
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