Fill and Sign the Sales Agency Agreement Form

General Sales Agency Agreement Agreement made on the ___ day of __________, 20___, between ____________ , Inc., a corporation organized and existing under the laws of the state of ______________, with its principal office located at _______________________ (street address, city, county, state, zip code) , referred to herein as Principal, and ___________________ of __________________ (street address, city, county, state, zip code) , referred to herein as Agent. Whereas, Principal is the owner and operator of a business known as ______ , Inc., which is engaged in the business of ( describe business)_____________________________________ ___________________________________________________________________________ ; and Whereas, Principal desires to employ the Agent for, and the Agent is willing to act for the Principal in, selling (describe product) _____________________________________________ ____________________________________________________________________________ ; Now, therefore, for and in consideration of the matters described above, and of the mutual benefits and obligations set forth in this agreement, the parties agree as follows: I. The Principal does hereby employ the Agent as its _________________ (i.e., sole and exclusive or non-exclusive) Agent to solicit orders for the sale of (describe product) _________________________________________________________________________, at the prices and on such other terms and conditions established by the Principal, in the following geographic area: (describe area)_________________________________________ ___________________________________________________________________________ . II. The Agent hereby accepts such appointment and agrees to devote his best efforts to solicit orders but shall have no authority, right or power to accept any order, or to assume or create any obligation on behalf of the Principal. III. The Agent shall not engage in the selling of (describe product) ____________________ for any competitor of the Principal. IV. In full compensation of the services of the Agent, the Principal shall pay the Agent _____ % of the sales price of all sales of (describe product) ____________________________ by Agent during the term of this agency. The commission shall be paid monthly. V. Any dispute under this agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. VI. This agreement shall commence ____________ (date) and terminate __________ (date) unless earlier terminated by the Principal for just cause or by the mutual agreement of the Principal and Agent. VII. This agreement is personal and the Agent shall not sell, assign, convey or otherwise transfer his rights hereunder. WITNESS our signatures as of the day and date first above stated. ___________ , INC. ________________________ By__________________________ (Name of Agent) (Name and Office in Corporation)