Commission Agreement of Foreign Trade Agents
Party A: (manufacturer)______________________________
Party B: (intermediary )_______________________________
According to “People’s Republic of China Contract Law” and the provisions of relevant laws and regulations,
Party A hereby appoints Party B to develop overseas market. Both Parties have agreed to sign this agreement.
- THE ENTRUSTED MATTERS
Party A hereby appoints Party B to develop overseas market and promote its products.
Party A shall ensure the legality of the products and ensure product quality.
All the trade terms including price, payment term, delivery, etc are negotiated by Party A and customers.
（3）甲方应严格按国家的“FOB、 C&F或 CIF条款”执行与海外客商所签定的合同。
Party A shall be in strict accordance with the ” FOB, C & F or CIF terms in the contracts.
Party B promise that the turnover will be more than USD ______ per year through Party B.
Party B should assist Party A to receive the full payment as per the sales contracts.
Party B will provide the update market information to Party A.
Party B should not disclose the customer information to a third party. Otherwise Party A will indict Party B.
- Rate of commission, payment term
Party A will agree to pay ______ of the total turnover of each contract – deducting taxes and the freight- to Party B.
Party A will pay 100% commission within 14 days upon receiving the full payment from customer.
If Party A does not follow (2) of Section 3, Party A have to pay the overdue fine. The amount is 5 ‰ of the total commission per day.
- AGREEMENT ARBITRATION
In the event of dispute, both parties can present to arbitration court from Party A’s place.
- CHANGES. Any changes of terms relating to this agreement must be done in a written form,
and agreed upon by both parties.
This agreement has been drawn up in four identical copies, of which two copies for each party.
The Chinese version of these Terms and Conditions shall prevail wherever there is a discrepancy
between the English and Chinese versions.
Whilst signature on this agreement certifies the intention of both parties to the agreement,
the terms of this agreement shall become binding upon both parties only at such time
as the following have been complied with, in writing.
In witness thereof, the parties have signed below and by doing so have accepted and
approved all covenants, terms and conditions of this agreement.