Agency Agreements
As your business grows, you may need to involve others who have greater resources. Having a commercial agent or distributor can take your business to the next level, but it is essential to have written agency agreements in place to safeguard your interests.
How can we help you
It is vital to clearly specify whether the relationship between the supplier and intermediary is one of agency or distributorship, particularly in view of the Commercial Agents legislation. A lack of distinction between the terms can lead to unnecessary problems and potential litigation.
We will help you recognise the main constraints of agency agreements, both legal and practical, that affect agency and distribution arrangements in the UK, and ensure key issues, a few of which can be found below, are covered:
- Obligations of Agent / Distributor
- Conditions of Sale
- Minimum Targets
- Exclusivity
- Duration
- Territory
- Risk
- Liability and Indemnity
- Intellectual Property Protection
- Termination
As IP rights are territorial, you will need to secure intellectual property rights in other countries before engaging a business agent or distributor overseas.
To speak to one of our expert business solicitors about agency agreements, contact us by calling 0131 478 4724, or complete our online enquiry form to request a call back.
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