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Category: agency agreement

Commercial law, Agent law, Business law

German agency agreement

Agency Agreement   between the company ………………………. (name of the company and location of the headquarter)   – hereinafter referred to as company – and Mr. / Company ……………………………. (name of the sales representative, address)   – hereinafter referred to as commercial agent-   § 1 Legal status of the commercial agent The commercial agent acts…
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Commercial agent compensation

The commercial agent may have the right for a settlement claim at the end of the contractual agreement. This settlement represents the compensation for services provided by the commercial agent, which also have a beneficial effect on the entrepreneur after the contractual relationships has ended. The appropriate compensation therefore related to expected sales to the…
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Commercial agent law in Germany

Characteristics of a commercial agent/sales representative Sections 84 to 92c of the German Commercial Code (HGB-Handelsgesetzbuch) regulate the rights and obligations of the commercial agent and the company represented. According to section 84 HGB, a commercial agent is the person entitled in representing an independent trader, mediating with other entrepreneurs or finalizing businesses on its…
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