Free Professional Agent Agreement
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The Professional Agent Agreement Template from Template.net offers a customizable and professional framework for agent relationships. Editable in our AI Editor Tool, this template provides a comprehensive structure to define the terms of engagement, compensation, and responsibilities. Ideal for businesses seeking to formalize agent agreements with clear, legal documentation.
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Professional Agent Agreement
This Professional Agent Agreement (hereinafter referred to as the "Agreement") is entered into on this 1st day of March, 2072, by and between:
Parties
Principal: [YOUR NAME], whose principal address is [YOUR COMPANY ADDRESS], representing [YOUR COMPANY NAME] (hereinafter referred to as "Principal").
Agent: Amelia Pagac, whose principal address is Tampa, FL 33601, representing Nethival (hereinafter referred to as "Agent").
Purpose
The purpose of this Agreement is to set forth the terms and conditions under which the Agent will provide professional services to the Principal, particularly in the domain of business development and client acquisition for the duration of the Agreement.
Term
The term of this Agreement shall commence on the date of execution and shall continue until February 29, 2076, unless terminated earlier in accordance with the provisions of this Agreement.
Obligations of the Agent
The Agent agrees to act diligently and in good faith in the performance of its obligations under this Agreement.
The Agent shall comply with all instructions or directives given by the Principal as they relate to the services provided.
The Agent shall maintain the confidentiality of any proprietary or sensitive information disclosed by the Principal.
The Agent shall submit monthly progress reports detailing activities and results achieved.
Obligations of the Principal
The Principal agrees to provide all necessary information, resources, and support to enable the Agent to perform the services effectively.
The Principal shall compensate the Agent as outlined in the Compensation section of this Agreement.
The Principal shall not engage another agent for the same scope of services as described in this Agreement during its term.
Compensation
The Principal shall compensate the Agent as follows:
A monthly retainer of $5,000 USD, payable on the 1st of each month.
A performance bonus of 10% on all new business revenue generated by the Agent.
Payment shall be made via direct deposit to the Agent’s designated bank account.
Details of compensation are further outlined in Exhibit A attached hereto.
Termination
This Agreement may be terminated by either party with thirty (30) days' written notice to the other party.
This Agreement may be terminated immediately in the event of a material breach of the terms by either party.
Upon termination, all confidential materials and unfinished work must be returned to the Principal.
Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the state of Florida. Any legal actions, claims, or demands shall be handled in a court of competent jurisdiction within Hillsborough County, Florida.
Entire Agreement
This Agreement constitutes the entire understanding between the parties and supersedes all prior discussions, agreements, or understandings of every nature between them.
Severability
If any provision of this Agreement is or becomes invalid, illegal, or unenforceable in any jurisdiction, such provision shall be deemed modified to the extent necessary to render it valid, legal, and enforceable.
Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
Principal:
Name: [YOUR NAME]
Date: 3/1/2072
Agent:
Name: Amelia Pagac
Date: 3/1/2072
