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AGENCY AGREEMENT RENEWAL AND/OR Amendments AGENCY AGREEMENT RENEWAL AND/OR AMENDMENT renews and/or amends the following agency agreement (referred to hereafter as the “Agency Agreement “) NEAR

How to fill out this agency agreement renewal

To fill out the agency agreement renewal, follow these steps:

1. Review the existing agency agreement: Start by thoroughly reading the current agency agreement to understand its terms and conditions.
2. Assess the need for renewal: Determine if the agreement needs to be renewed based on factors such as the expiration date, changes in business circumstances, or the desire to continue the partnership.
3. Contact the other party: Reach out to the other party involved in the agreement, whether it's an individual or an organization, to discuss the renewal. Clarify the intention to renew and seek their interest in continuing the partnership.
4. Discuss any changes or updates: If either party wishes to negotiate any changes or updates to the existing agreement, hold discussions to reach a mutual understanding. This may involve revising terms related to pricing, commission structure, responsibilities, or any other relevant clauses.
5. Draft the renewal agreement: Once both parties have agreed to renew the agency agreement, prepare a written document reflecting the revised terms or confirming the continuation of the existing terms.
6. Seek legal advice if necessary: Depending on the complexity of the agreement or if any significant changes are being made, it is advisable to consult with legal counsel to ensure compliance with applicable laws and regulations.
7. Sign the renewal agreement: Arrange a meeting or use electronic methods to obtain the signatures of all parties involved. Ensure that all necessary parties sign the agreement and retain copies for future reference.

Who needs this agency agreement renewal?

The agency agreement renewal is required by individuals or businesses engaged in a partnership where an agency relationship exists. This may apply to situations where one party acts as an agent to represent and promote the products, services, or interests of another party. The renewal ensures the continued legality and validity of the existing agency agreement.

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