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NONEXCLUSIVE AGENCY AGREEMENTCONTINENTAL FREIGHT FORWARDING, INC. th5900 NW 97 Avenue, Ste. 6 Miami, Florida 33178 Tel. (305) 5928198 Fax. (305) 5947578 Toll Free (800) 4887458This Agency Agreement
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How to fill out non-exclusive agency agreement

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How to fill out non-exclusive agency agreement

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Step 1: Start by stating the date and the names of the parties involved in the agreement.
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Step 2: Clearly define the scope of the agency relationship and the specific services to be provided by the agent.
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Step 3: Indicate the duration of the agreement, whether it is for a fixed term or ongoing until terminated.
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Step 4: Specify the commission or fees payable to the agent and the method of calculation.
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Step 5: Include any exclusivity clauses or restrictions on the agent's ability to represent competing products or services.
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Step 6: Outline the responsibilities and obligations of both the principal and the agent.
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Step 7: Include any termination clauses, such as notice periods or grounds for termination.
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Step 8: Clearly state the governing law and any arbitration or dispute resolution procedures.
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Step 9: Have both parties sign and date the agreement to make it legally binding.

Who needs non-exclusive agency agreement?

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Non-exclusive agency agreements are beneficial for businesses looking to expand their reach by entering into multiple agency relationships.
02
Companies that want to sell their products or services through multiple agents without granting exclusivity to any particular agent can use non-exclusive agency agreements.
03
Real estate agencies, insurance brokers, and manufacturers are some examples of businesses that may need non-exclusive agency agreements.
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A non-exclusive agency agreement is an agreement between a principal and an agent where the agent is not the exclusive representative of the principal.
The principal and the agent involved in the agreement are required to file the non-exclusive agency agreement.
The non-exclusive agency agreement can be filled out by including the details of the principal, the agent, the scope of the agreement, and any terms and conditions agreed upon by both parties.
The purpose of a non-exclusive agency agreement is to outline the relationship between the principal and the agent, and to establish the rights and responsibilities of each party.
The non-exclusive agency agreement must include the names and contact information of the principal and the agent, the duration of the agreement, the scope of the agency, and any commission or fees involved.
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