| General Agency Agreement
Consigner:Hongkong Fangshi International Investment Group
Limited<br>
Address:
Telephone:
Fax:
E-mail:
(hereinafter referred to as Consigner)
Agent: _____XXXTrade Limited Company
Address:
Telephone:
Fax:
E-mail:
(hereinafter referred to as Agent)
The two parties, in the spirit of mutual equality and
amicable consultation, agree to sign this agency agreement
and pledge to fulfill conscientiously all the obligations
stipulated in it.
Consigner agrees to grant general dealership to the Agent.
The Agent shall promote and purchase the products in the
designated territory (hereinafter called territory): ________
city ________(Country)
1.Consignment:
Consigner agrees to grant XXXTrade Limited Company the
rights to sell coal or purchase petroleum in ________
city ________(Country) subject to the terms and conditions
as stipulated in contract.
2.Agent’s obligations
2.1 The agent shall seek the inquiry sheet for selling
coal or purchasing petroleum and forward the information
to the consigner.
2.2 The agent shall report the comprehensive market conditions
in region.
2.3 The agent shall conduct market research in the capacity
of consigner; agent shall try its best to provide for
the consigner the report on the information of goods market
and competition every two months.
2.4 The agent shall send to the consigner the operational
development of the region concerned in the way as stipulated
in the agreement.
2.5 The agent shall expand users in the region concerned
and forward to the consigner the quotation and order.
It is not entitled to represent the consigner to sign
any binding contract. The agent shall explain to users
the sale or purchase clauses prescribed by the consigner.
The consigner has the freedom to refute any quotation
and order from the agent
3.Commission
Upon receiving the payment of goods, the consigner shall
pay to the agent the commission of total settlement value
USD 1-2/MT(Sell And Buy Contract Will Decide The Final
Commission),When it involves an aggregate contract, the
method of deducting commission is negotiated. The commission
is computed and paid in terms of turnover. In the event
that the agent needs to pay commission to the broker of
the buyer or seller and the broker of the third party,
the agent shall inform the consigner and the latter decides
the payment.
4.Expenses
All expenses for work and traveling shall be covered by
the agent
5. Consigner’s obligations
The consigner shall
5.1 provide for the agent the sample and other promotional
products.
5.2 provide for the agent the list of key clients in the
region so that the consigner can know it fairly well.
5.3 notify the agent to engage in direct consultation
with suppliers or buyers.
5.4 the agent agreement that,The consigner places the
agent's name and the address on Http://www.HKFSI.com.
6. The scope of rights and obligations
6.1 The agent has no right to interfere with the consigner
in price, time, specification or other conditions as stipulated
in a contract. The continuation of agent’s business is
determined by the consigner.
6.2 The agent shall not assist other parties in competing
with the consigner, nor profit from any enterprise rivaling
with the consigner. Meanwhile, the agent shall not deal
in or sell any product from other entities which is the
same as or similar to the product of the consigner.
6.3 Once this agreement comes into effect, the agent shall
notify the consigner of the binding agreements the agent
has signed with other enterprises. No matter the agent
serves as a agent or dealer, it shall notify the consigner
of any binding agreement signed afterwards. When engaging
in other activities, the agent shall never ignore its
obligations for the consigner to affect the completion
of the task.
7. sub-contracting agency
The agent shall engage subcontractors with the prior consent
of the consigner and bear full responsibility for the
activities of subcontractors.
8. Equal distribution of commission
Two agents in different districts make great efforts to
win an order, but the order goes to one agent. When the
supplier or buyer is in the region the other agent is
in charge of, the commission shall be equally distributed.
9.The conflict of interest
In the period of validity, the agent shall not act as
the representatives of other enterprises in the industry
to the detriment of the interest of the consigner. The
agent agrees to sign other agency agreements with the
prior consent of the consigner. The agent shall not disclose
the information detrimental to the commercial interests
without the prior consent of the consigner. The agent
has no rights and obligations to accept the money paid
in the name of the consigner.
10. The agent rank and respective sale task.
10.1 The agent shall finish the task of selling or purchasing
10,000 tons within half a year. Then the agreement continues
to be in effect. Otherwise, it is automatically nullified.
10.2 In the event that the agent shall finish the task
of selling or purchasing 10,000---30,000 tons in Asian
countries, it will be promoted by the consigner to the
general agent of the city or province.
10.3 In the event that the agent shall finish the task
of selling or purchasing 50,000---100,000 tons in Asian
countries, it will be promoted by the consigner to the
general agent of the country.
10.4 In the event that the agent shall finish the task
of selling or purchasing 50,000---100,000 tons outside
Asian countries, it will be promoted by the consigner
to the general agent of the country.
11. disclosure
In the process of performing the agreement or after the
performance, the agent shall not disclose any confidential
information to other parties without the prior consent
of the consigner.
12. Arbitration
The two parties shall consult with each other and mediate
any disputes which may arise about the agreement and the
interpretation of the agreement. If all attempts fail,
the two parties can appeal to the mutually confirmed nation
for arbitration. In the event that there is any discrepancy
about the nation, the two parties shall appeal for arbitration
in Singapore.
13. The term of agreement
This agreement enters into effect since being signed by
both parties. The Term of validity: one year
Consigner:Hongkong Fangshi International Investment Group
Limited
Representative:Long Chu
Date:
Agent:
Representative:
Date:
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