AGREEMENT BETWEEN FIRM AND TRAVELING SALES AGENT
THIS AGREEMENT is made this ______ day of ______ , 2004 _______ .
BETWEEN
AA, a partnership firm duly registered under the Indian Partnership Act, acting through Shri _______ one of the partners of the said firm and having its registered office at _______ (Address), (hereinafter called the ‘‘Firm’’) of the first part AND Shri _____ , aged about ______ years, son of _________ , resident of __________ , (hereinafter called the ‘‘Sales Agent’’) of the other part;
WHEREAS, the ‘‘Firm’’ is desirous of appointing traveling agents for the canvassing of their Software Products within the territory of ________ And the said Sales Agent is willing to undertake the said work.
Now, Therefore, This Agreement Witnesses that in consideration of a sum of Rs. _________ p.m. payable by the firm to the said Agent, the Agent hereby undertakes to serve the said Firm as its Traveling Sales Agent within the territory of ________ on the conditions hereinafter appearing:
1. That the Firm shall remit to the Agent a sum of Rs ________ every month by way of salary wherever the said Sales Agent may be or, at any place specified by the said Agent in this behalf.
2. That the Sales Agent shall tour within the territory of __________ and shall keep touring for not less than 25 days in the month for the purpose of visiting customers of the Firm and creating new customers and pushing the sales of the Firm.
3. That whenever required the Sales Agent shall, at the expense of the Firm, report to the Firm personally, at any place specified in this behalf, and render full account, explanation or anything required by the Firm in respect of his agency.
4. That the Sales Agent shall, at all times, keep full documents of accounts of all orders received by him and all other transactions and things done by him in connection with his agency, and in particular will forward to the Firm daily, a statement of all business transacted, monies collected and expenses incurred, and shall specify the person or firm on whom he has called and the order he has secured.
5. That the Sales Agent shall be and is hereby authorized to issue receipts of all monies received in the printed receipt form issued to the Agent in this behalf and the Firm shall be bound by such receipts to its customers.
6. That the Sales Agent shall use his utmost endeavourer to obtain orders for the Firm and shall during the period of his service work diligently, honestly and loyally in his capacity as Sales Agent. The Agent shall not disclose any matter relating to the Firm, its customers or its business unless such disclosure is in the interest of the business or authorized by the Firm.
7. That the Sales Agent shall be bound by the rules regarding leave framed by the Firm from time to time, and governing the employment of all the servants of the Firm.
8. That the Agents shall be paid in addition to his salary expenses of traveling by rail in the ________Class and Rs _______ per day as Dearness Allowance (for diet etc)
9. That in the event of sickness or other incapacity the Sales Agent shall be allowed such leave as may be due under the rules referred to in clause 7 above but if the incapacity of the Sales Agent continues beyond the leave due and earned the Firm may at its option terminate the services of the Sales Agent on payment of one month’s pay and such salary or expenses which may have accrued due. If, however, the Sales Agent misconducts himself and his removal is necessary, then the Sales Agent shall only be entitled to get his salary or expenses which may be due on the date when such misconduct is detected.
10. Either party may at any time determine this agreement by giving the other ________ calendar months’ notice in writing and the Firm may in case of any breach by the Sales Agent of any rules or the covenants herein mentioned, at its option determine the same without notice or payment in lieu of notice.
11. That the Sales Agent shall not during the continuance of his service work for or be interested in any other firm carrying on like business, nor use his tours for purposes other than the business of the Firm and after the termination of his service shall not for _____ years be interested or concerned, directly or indirectly in any way within the territory in which the Sales Agent has at any time traveled on the Firm’s employment, in any business similar to that carried on by the Firm.
IN WITNESS whereof the said AA firm acting through Shri _______ one of the partners AND _______ (Sales Agent) have hereto signed on the dates respectively appearing under their signatures.
Signature
for Firm.
Signature.
Sales Agent.