What is an Advertising Sales Representation Agreement?
Download Advertising Sales Representation Agreement template, also called a sales representative agreement, is an agreement between a corporation and a contractor who performs sales and marketing activities on the company’s behalf.
Contractors working on a sales representative contract are often compensated based on commission as well as additional incentives or bonuses specified in the contract.
What is an Advertising Sales Representation Agreement?
As both sides participate in a business partnership, such an agreement is to specify the rights and obligations of both the corporation and the contractor.
Although a firm may utilise such an agreement as an employment arrangement, a contractual sales representative is not an employee. In that instance, the sales representative is no longer a contractor, but rather a firm employee.
The parameters of the agency, such as what the agent can do and how much money is paid for the agent’s job, are spelled out in an agency agreement. The agent also has the authority that the principal specifies, such as the exclusive right to act on its behalf, rights to use imagery for sales and other marketing.
Format: Microsoft Word (.doc) (.docx)
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