What is the purpose of this draft agent agreement? This agent agreement is appropriate for a company (or person) that wishes to be a distributor for a manufacturer or supplier. The terms of the agreement are… Who can use this representation agreement? A manufacturer or company wishing to outsource the marketing of its products in an overseas country to a sales agent or representative based in the country. Direct help… A company that wants a representative to look for tender opportunities in another country can use this representation agreement. The representative should be a company from that country with good contacts in the sector in which the overseas company wishes to launch. Any remarketing agreement or tendering agency agreement (or bidder provisions contained in an auction agreement) must be made essentially in the form previously approved by the Commission and in accordance with the standard commission resolution. (g) the sale of debt securities. In addition to the provisions of point 2.2 above, any party may dismiss if the other party violates the agreement or becomes insolvent. The role of the representative.
This is likely to include the inclusion of the foreign client`s name on the tender lists, the transmission of tenders directly to the adjudicating entity, the link with the public or private sector. However, it is likely that any formal obligation of the representative will be prohibited in certain situations without explicit written authority. It defines the representative`s obligations, which include registering the client with the appropriate government and other services that issue tenders and the transmission of tender documents to the client, as well as other services that the client can reasonably require. Participation in the tender. Sometimes a foreign bidder must have a local party with him when he enters into a public contract in the country. The agreement may contain a clause to deal with this participation, although the details should in any event be clarified. This can be an incentive for the representative, since if the offer is successful, he can get a market share. There is no clause in the agreement prohibiting the agent from acting for the client`s competitors and, if necessary, additional wording could be added.
An offer is often combined with a request for approval to address the outstanding issue of bonds issued by bondholders who refuse the offer. Bondholders may be „encouraged“ to participate in the call offer (by inserting a call option or a federal stripping), as they still have a much less attractive investment. This clause defines the start date and the initial duration.