An agency agreement involves a working relationship between a principal (typically the originator of a service or product) and an agent, who is assigned to act on the principal’s behalf in connection with the promotion and/or sale of that service or product. Typically the agent receives a commission for their activities, whilst the principal maintains control over the transactions with end customers.
These agreements are used to establish the terms and conditions of the commercial relationship, ensuring that both parties understand how their arrangement will work and what their specific responsibilities are.
Our commercial agency solicitors in Hull and York can support clients to draft and/or review agency agreements, as well as assisting parties to resolve any disputes that arise.