What is an Agency Agreement?
An agency agreement is a written contract which sets out the terms and conditions of the relationship between the principal (the business providing the products/services) and the agent (the intermediary who agrees to sell it on their behalf).
If you’re considering creating a business relationship with an agent or distributor then you are likely to require an agency agreement to protect your interests and clarify the agreement.
Using an agent or distributor to get your products or services into new markets and locations can help you expand your business without the costs of developing a retail presence or employing additional staff.
Having an agency or distribution agreement in place can protect your business by clarifying the rights and obligations of both parties, which is likely to avoid future disputes from arising.
Why use Rotheras for your Agency Agreement?
We will take the time to meet with you to find out about your business and its objectives so we can advise on whether an agency agreement or distribution agreement would be best for your needs.
If you have an existing agency or distribution agreement in place, we can review and update it or draft a new agreement for you.
We can assist with dispute resolution arising between the principal and the agent.
We can help you navigate complex UK and EU Competition laws surrounding distribution agreements.
We have substantial experience in helping agents, distributors and principals.
We can advise you on the Commercial Agents Regulations 1993 and the further protection these offer agents.
If you are an agent, we can advise you on compensation if an agency agreement is terminated. We can also advise you and renegotiate your agency agreements with your principals.
This was my first experience using a solicitor, something I felt quite daunted about. Rothera Sharp (Greg and Petra) put me at ease and were very helpful.
Last year I experienced a car accident, as a front seat passenger. I put forward a personal injury claim with Rothera Sharp. From start to finish, my claim has been dealt with efficiently and professionally, and I have always felt my best interests were considered. All communications were made via letter or email to inform me of all further updates. My claim has now come to an end and I am very happy with the overall outcome. I would recommend Rothera Sharp for their service.
We cannot recommend Chris Powell of Rothera Sharp more highly. Mr Powell demonstrated the upmost professionalism with a high level of knowledge of the area for which he was representing us. Anyone needing representation/advice regarding the area of haulage will find that Chris Powell and Rothera Sharp are the best choice.
Claim dealt with efficiently and to a satisfactory conclusion. Wayne Vickers visited me at home initially and explained everything thoroughly. Professional service throughout. Recommended
Jason specialises in all aspects of commercial law including company and business sales and purchases, commercial contracts, company secretarial, partnerships, shareholder rights and much more.
Billy advises businesses on a range of commercial and corporate issues and is happy to assist you with buying or selling businesses, corporate mergers and shareholder agreements
Millie Moreton is a paralegal in Rotheras commercial and dispute resolution departments and is based at our Lace Market office.
Cycling road safety during the second lockdown
The Prime Minister has announced that England are to be in a nationwide four-week lockdown to control the spread of Covid-19, from November 5 to December 2, as cases have spiked in recent weeks. Consequently, people are being told to stay at home, there is a ban on gathering with people you do not live with and the closure of non-essential business.
Posted on 11/17/2020