Exclusive Sales Territory Agreement Template

This exclusive sales territory agreement template has 4 pages and is a MS Word file type listed under our legal agreements documents.

Sample of our exclusive sales territory agreement template:

EXCLUSIVE SALES TERRITORY AGREEMENT This Exclusive Sales Territory Agreement (the Agreement) is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Client"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SELLER NAME] (the "Agent"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS the Client was formed for the purpose of manufacturing [INSERT PRODUCT /SERVICE]; WHEREAS the Agent was formed for the purpose of selling and distributing [INSERT PRODUCT/SERVICE]; WHEREAS the Client is desirous of appointing the Agent to sell its [INSERT PRODUCT/SERVICE]; NOW THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties hereto intending to be legally bound agree as follows: APPOINTMENT OF AGENT 1.1 The Client hereby agrees to appoint the Agent to assist it to sell its products on its behalf in an exclusive sales territory. The Agent warrants that it is not a party to any other current exclusive sales territory agreement and that all previous exclusive sales territory agreements entered into between the Agent and any other party have either been terminated or have expired and not been renewed. TERM 2.1 The term of this Agreement shall begin on the date of [SPECIFY] and shall continue through the date of [SPECIFY] unless otherwise terminated in accordance with this Agreement. PRODUCTS FOR SALE 3.1 The following products/services shall be sold by the Agent on behalf of the Client: [INSERT PRODUCT/S/SERVICES] PRICE OF PRODUCTS/SERVICES 4.1 The price of the products/services shall be determined/ appraised by the Client. SALES TARGETS 5.1 The Agent shall use reasonable commercial efforts to sell at least [INSERT AMOUNT] every month/year known as the monthly/annual target. ORDERS 6.1 All orders will be transmitted by the Client to the Agent and shall be subject to acceptance in writing by the Seller. All the expenses arising out of the change or cancellation of an order after acceptance by the Seller including the cost of diversion, cancellation or re-consignment of shipments, and any reasonable restocking charge, shall be paid by the Client to the Agent on demand. EXCLUSIVE SALES TERRITORY 7.1 The exclusive sales territory is designated as [INSERT PROVINCE/ STATE /TOWN /DISTRICT]. PROMOTION AND MARKETING 8.1 The Agent shall be responsible for carrying out sales promotions in the exclusive territory by means reasonably calculated to reach current and potential customers including radio and television shows and adverts, social media/internet, word of mouth and any other means available to it. RECORD KEEPING 9.1 The Agent shall keep records of all its sales in sufficient detail to enable the Client keep track of its business. NO THIRD-PARTY AGENTS 10.1 The Agent shall not sell the Client's products or services through third parties without the Client's prior written consent. INFRINGEMENT BY THIRD PARTIES 11