Briefly set out the nature of the Principal's business:

eg. Manufacture of gizmos.

What is the Purpose for which the Agent is being appointed?

eg. to promote the Principal's products; to distribute the Principal's products.

What is the nature of the Services which the Agent is expected to perform to achieve the Purpose?

If for a period of time or until an event occurs then put "From the date of this Agreement until _______________ occurs or __ years/months from the date of this Agreement, whichever occurs first".

Or state a specified period, eg. "Three (3) years from the date of this Agreement".

Set out here everything which the Agent is to receive and when including retainers, commissions and/or success fees.

Set out here all of the Agent's powers and authorities to act as the Principal's Agent.

Note that this Agreement provides that should the Agent exceed this power/authority, such action will constitute a breach.

However the Agreement also provides that the Agent's powers may be extended at any time in writing by the Principal.

This person is a party to this Agreement for the purposes of providing guarantees, undertakings and promises to the Principal.

This is the number of days from receipt by the Principal of the Agent's invoice, so long as the Principal does not dispute the amount being claimed.

eg. 14 days, 30 days (but do not include the word 'days' as it is in the template).

Note that all invoices provided by the Agent must be vat compliant.

This is the period (in years) after the Agency Agreement has come to an end during which the Agent and/or the Director may not have any direct or indirect dealings with a business which is competitive to the Principal's business.

This must be a reasonable period, having regard to the nature of the business and the length of the agency agreement itself. If the period nominated is not reasonable, it may be held invalid in any Court challenge.

This is the area (in kilometres) after the Agency Agreement has come to an end during which the Agent and/or the Director may not compete with the Principal.

This must be a reasonable area, having regard to the nature of the business and the length of the agency agreement itself. If the area stipulated is not reasonable, it may be held invalid in any Court challenge.

This is for the purpose of determining the radius of the restraint which will operate in favour of the Principal once the agreement has come to an end.

This agreement provides that the agreement may continue after the end of the express term of the contract, however after that date either party may give so many months' prior written notice of termination - please insert that number, eg. Three (3)

If more than one, insert the Province in which the Principal or the Agent has its Head Office.

This answer is to complete a governing law clause and will be the Province the laws of which will apply in the event of any legal claim.