Manufacturer’s Representative Agreement
This Manufacturer's Representative Agreement is made and entered into this day of
,
____
, by and between NRG EQUIPMENT INC., (hereinafter referred to as
"PRINCIPAL"), and , (hereinafter referred to as "SALES
REPRESENTATIVE")
1. PRINCIPAL hereby appoints SALES REPRESENTATIVE as a Manufacturer's Representative
to
sell and to promote the sales of products manufactured or distributed by PRINCIPAL
in the
following territory': INSERT TERRITORY COVERED
and in the following distribution channel:
HVAC
2. SALES REPRESENTATIVE shall diligently and faithfully serve PRINCIPAL as Manufacturer's
Representative, SALES REPRESENTATIVE agrees that he will neither represent nor agree
to
represent any lines which compete directly with lines presently manufactured by
PRINCIPAL unless SALES REPRESENTATIVE receives written authorization from the
PRINCIPAL.
3. SALES REPRESENTATIVE will strictly abide by those restrictions on classes or types of
customers and under no circumstances compete directly or indirectly with PRINCIPAL for
sales to existing house accounts.
4. The relationship of SALES REPRESENTATIVE to PRINCIPAL is and always will be that of
independent contractor. SALES REPRESENTATIVE shall never have authority to act for or
on
behalf of PRINCIPAL or to bind PRINCIPAL to any agreement of contract. SALES
REPRESENTATIVES shall have no authority to incur any debt, liability or other obligation on
behalf of PRINCIPAL. All orders obtained by SALES REPRFSENTATIVE are subject to final
acceptance by PRINCIPAL. PRINCIPAL reserves to itself full discretion as to acceptance of
any such orders and as to the time, place and manner in which any orders are filled.
5. PRINCIPAL agrees to pay SALES REPRESENTATIVE 10% commission, unless otherwise
negotiated and confirmed in writing, on sales solicited and serviced by SALES
REPRESENTATIVE within the territory. Any customers requiring Special Price Quotes
(SPQ’s) may have reduced commission. SPQ commissions will be negotiated between
PRINCIPAL and SALES REPRESENTATIVE before making the sale. Commissions shall not be
considered earned until payment has been received by PRINCIPAL from its customers.
PRINCIPAL shall pay to SALE REPRESENTATIVE on or before the 15th of each month, a
commission on shipments for which PRINCIPAL has received payment in the
preceding
month. All deductions or credits granted to customers by PRINCIPAL shall result in
corresponding deductions in SALES REPRESENTATIVE's commission account. PRINCIPAL
will supply copy of such deductions or credits to SALES REPRESENTATIVE monthly.
6. SALES REPRESENTATIVE shall have no right to assign this Agreement or assign, transfer
or
otherwise encumber any commission due SALES REPRESENTATIVE under this Agreement
without PRINCIPAL's express written consent. Any attempted assignment
shall be void
and shall result in the immediate termination of the Agreement without
notice or further
action by PRINCIPAL.
7. SALES REPRESENTATIVE shall have the right to employ or appoint sub manufacturer's
representatives within the territory described in Paragraph 1 provided, however, that no
such employment or appointment shall have the effect of creating a contractual
relationship between PRINCIPAL and any such sub representative or employee or any
additional commissions.
8. PRINCIPAL shall have the right to request that SALES REPRESENTATIVE sell or solicit sales
outside the territory described in paragraph I. Any such request shall be in writing. SALES
REPRESENTATIVE shall have the right to refuse to sell or to solicit sales outside the territory.
He shall make such agreement in writing. Commissions payable to SALES REPRESENTATIVES
in the event of sales outside the territory at PRINCIPAL's request shall be agreed upon in
writing prior to any solicitation.
9. SALES REPRESENTATIVE acknowledges that during the term of this Agreement he will have
access to and become familiar with various trade secrets of PRINCIPAL, including,
but not
limited to patterns, devices, secret inventions, manufacturing processes, sales and
marketing information, price information, compilations of information of records and
specifications which are owned by PRINCIPAL and which are regularly used in the
operation
of PRINCIPAL's business. SALES REPRESENTATIVE shall not disclose any of the
trade secrets
directly or indirectly and shall not use them in any way, either during the
term of this
Agreement or at any time thereafter, except as required in the course of the
performance
of his duties under this Agreement. All files, records, documents, drawings,
specifications,
samples, equipment and similar items relating to PRINCIPAL's business,
whether prepared
by SALES REPRESENTATIVE or otherwise coming into his possession,
shall remain the
exclusive property of the PRINCIPAL and shall be returned to the
PRINCIPAL immediately
upon termination of this Agreement. During the term of this Agreement, SALES
REPRESENTATIVE shall not directly or indirectly, either as an
employee, employer, consultant, agent, principal, partner, shareholder, office, director,
or in any other individual or representative capacity, engage or participate in any
business that is in competition in any manner whatsoever with PRINCIPAL's business
Notwithstanding paragraph 10, any breach of paragraph 9 will result in immediate
termination of this agreement and forfeit by SALES REPRESENTATIVE of any commissions
owed by PRINCIPAL.
10. This Agreement may be terminated by either PRINCIPAL or SALES REPRESENTATIVE upon
thirty (30) days' written notice. The ninety-day period shall commence upon
deposit of the notice in the United States mail, postage prepaid and properly addressed,
to the last known address of either party. In the event the PRINCIPAL terminates this
agreement, commissions will be paid on all orders credited to the SALES
REPRESENTATIVE and paid for by the customer within sixty (60) days from the date of
the written notice of termination.
11. This Agreement is made and entered into in the Province of Ontario. It is to be
construed
and interpreted under the laws of the Province of Ontario without regard
to its conflict of law rules. This Agreement
may be modified only by an instrument in
writing executed by both PRINCIPAL and SALES REPRESENTATIVE.
AGREED and ACCEPTED
By Principal:
NRG EQUIPMERNT INC. Date:
_____________________
Print Name
_____________________
Sign
By Sales Representative:
INSERT COMPANY NAME
______________________ Date:
Print Name
______________________
Sign