Chief Agent Agreement Short Form Template

This chief agent agreement short form template has 2 pages and is a MS Word file type listed under our legal agreements documents.

Sample of our chief agent agreement short form template:

CHIEF AGENT AGREEMENT This Chief Agent 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 [YOUR COMPANY NAME] (the "Company") wishes to apply for the issuance of a license to carry on business in the [State/Province] of [STATE/PROVINCE], pursuant to the legislation under the laws of [STATE/PROVINCE] (the "Act"); WHEREAS the Act provides for the deposit of a power of attorney constituting a chief agent in the [State/Province] of [STATE/PROVINCE]; WHEREAS [INDIVIDUAL NAME] (the "Agent"), partner in the law firm of [COMPANY] (whose place of business is located at [FULL ADDRESS]) agrees to act as chief agent for the Corporation; THEREFORE THE PARTIES AGREE AS FOLLOWS: The Agent agrees to act as chief agent of the Corporation in the [State/Province] of [STATE/PROVINCE] solely for the purpose of the servicing of any suit or proceeding against the Corporation or, with the prior written consent of the Corporation, to execute and file required declarations under the legal requirements of [STATE/PROVINCE]. The Agent shall have no responsibility for the receipt or non-receipt by the Corporation of any such process, notices or other proceedings except for gross negligence or willful default on the part of the Agent. The Agent may at any time and for any reason whatsoever, cease to act as chief agent of the Corporation and resign as such, simply by giving notice to that effect to the Corporation. Within [NUMBER] days of such notice, the Corporation shall instruct in writing the Agent as to the handling and transfer of all documents in possession of the Agent and regarding her function as chief agent for the Corporation (the "Documents"). Such instructions must also contain the name and address of the new chief agent of the Corporation in the [State/Province] of [STATE/PROVINCE].