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DISTRIBUTOR HANDBOOK GUIDE TO MUTUAL FUND Transactions & Documentations information contained herein is solely for private circulation for reading / understanding of registered Advisors / Distributors
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Independent representative contract is a legal agreement between a company and an individual who acts as a sales representative or distributor for the company's products or services.
Independent representatives or distributors who have entered into a contract with a company are required to file the independent representative contract.
To fill out an independent representative contract, both parties need to agree to the terms and conditions outlined in the contract and then sign the document.
The purpose of an independent representative contract is to establish the rights and responsibilities of both the company and the independent representative, including terms of payment, commissions, and termination clauses.
Information such as the names and contact details of both parties, the products or services being represented, terms of payment, commissions, and termination clauses must be reported on the independent representative contract.
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