EXPORT BROKER COMMISSION AGREEMENT
This agreement exist between the two parties below:
MANUFACTURER
NAME:
ADDRESS:
REG. BUSINESS NAME:
BROKER
NAME: ADDRESS:
1. The above named manufacturer agreed that the above broke to connect him with both local and foreign buyers of their products for an agreed commission.
2. The commodities involved are cashew nuts, charcoal, palm kernel cake, cocoa powder, ginger, bitter kola, sesame seed e.t.c.
3. The above named manufacturer agreed to pay 10% commission of the total sales or 30% of the profits made from the buyer(referred by the broker.)
4. The above named manufacturer must pay the commission into the brokers bank account, 3 days after the collection of payment from the buyer.
5. The broker have the right to contact the buyer if the deal is successful.
RIGHTS AND RESPONSIBILITIES
1. The broker agreed to connect the manufacturer with the buyers of their commodity.
2. The manufacturer must provide full details of their commodity to the broker i:e pictures of the products, price quotation, quantity of produce that can be supply, terms of payment, type of offer, freight forwarders.
3. The broker does not involves in freight forwarding services, collection of payment and shipment.
4. The manufacturer is responsible for any payment default due to not meeting good standard of the required products by the buyer.
5. The broker must provide adequate information about what the buyer wants.
6. The broker is not responsible for any default payment from the referred buyer, so the manufacturer must make sure to collect at least 60-100% of their money from the buyer before shipping the goods unless there is an agreement between them.
YEAR OF AGREEMENT: One (1) year.
BREACH OF AGREEMENT: this agreement can be terminated voluntarily by both parties or due to unfulfilled of this agreement.
manufacturer's signature
Wednesday, May 27, 2009
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