TERMS AND CONDITIONS

1.      PARTIES

This Commission Agreement (hereinafter referred to as the “Agreement”) is entered into on ________________________(the “Effective Date”), by and between__________________________,

With an address of _____________________(hereinafter referred to as the “Principal”) and

________________with an address of _________________________(hereinafter referred to as the

“Agent”) (collectively referred to as the “Parties”).                                      

Whereas, the Agent agrees not to pursue the selling of a competing product for any competitor

during the terms of this Agreement.

2.      AGREEMENT

The Parties hereby agree that the Principal authorizes the Agent to sell_________________________

____________________________________________________________________________________________________________________________________________________________________

On behalf of the Principal and the Agent agrees to idemnify himself/herself as the authorized agent of the Principal for such sale.

3.      THE SALE

The Parties agree that the prices of the product will be set by the Principal, that the Principal will obtain and provide the promotional materials (if any) for the Agent to use and to obtain sales, and the Principal will provide a sales Agreement to the Agent for the Agent to use in the sale of the product.

4.      TERM

This Agreement shall be effective on the date of signing this Agreement (hereinafter referred to as the “Effective Date”) and will end on ___________________________________.

The term of this Agreement may be extended upon the provision of written consent from both Parties.

5.      GEOGRAPHY

The Parties agree that the Agent will sell the product in the following geographical area/territory           

_________________________________________________________________________and will not sell the product anywhere else.

6.      COMMISSION EARNINGS

The parties hereby agree that the Agent will be paid by the Principal by the following means_______

__________________________________________________________________________________

__________________________________________________________________________________

_________________________________________________________________________________.

7.      CONFIDENTIALITY

All terms and conditions of this Agreement and any materials provided during the terms of the Agreement must be kept confidential, unless the disclosure is required pursuant to process of law.

Disclosing or using this information for any purpose beyond the scope of this Agreement, or beyond the exceptions set forth above, is expressly forbidden without the prior consent of the Client.

This section will remain in full force even after the termination of this Agreement for a period of ____

______________________________________.

8.      TERMINATION

This agreement may be terminated in the event that any of the following occurs:

1.       Immediately, in the event that one of the Parties breaches this Agreement.

2.       At any given time by providing written notice to the other party________________days

Prior to terminating the Agreement.

3.       Upon terminating this agreement, the Agent will be required to return all the Principal’s products and/or any other content (if any) at his/her earliest convenience, but not beyond

_______________days.

9.      AMENDMENTS

The parties agree that any amendments made to this Agreement must be in writing, where they must be signed by both Parties to this Agreement.

As such, any amendments made by the Parties will be applied to this Agreement.

10.  SIGNATURE AND DATE

The Parties hereby agreed to the terms and conditions set forth in this Agreement and such is demonstrated by their signatures below:

PRINCIPAL                                                                                 AGENT

Name:_________________________                                 Name:___________________________

Signature:______________________                                  Signature:________________________

Date:__________________________                                 Date:____________________________