24.11.2021
Autor: SSA

Agency Agreement Polski

An agency agreement is a legal document that outlines the terms of a relationship between an agent and a principal. In the context of business, an agent is a person or company that acts on behalf of a principal in a specific market, while the principal is a person or company that hires an agent to represent them in that market.

In Poland, an agency agreement is known as “umowa agencyjna,” and it is governed by the Civil Code. This agreement can be used for a wide range of situations, such as sales, distribution, marketing, and representation. It is essential to have a clear and well-drafted agency agreement to protect the interests of both parties involved.

Here are some key points to consider when drafting an agency agreement in Poland:

1. Scope of the Agreement: The agreement should clearly define the scope of the agent`s authority, including their rights and responsibilities. This can include the territories where the agent is authorized to act, the types of products or services they can represent, and any limitations on their authority.

2. Obligations of the Agent: The agent must act in good faith and diligently towards their principal. They must also maintain confidentiality and protect the principal`s interests at all times.

3. Obligations of the Principal: The principal must provide the agent with the necessary information, support, and resources to carry out their duties. They must also pay the agent any agreed-upon commissions or fees.

4. Termination: The agreement should include provisions for terminating the relationship, including notice periods and any termination fees or penalties.

5. Dispute Resolution: The agreement should also include provisions for resolving any disputes that may arise between the principal and agent. This can include mediation, arbitration, or litigation.

In summary, an agency agreement in Poland is an essential document that governs the relationship between an agent and a principal. It is crucial to have a well-drafted agreement that clearly outlines the scope of the agent`s authority, their obligations, and the responsibilities of the principal. By having a well-drafted agency agreement, both parties can benefit from a clear understanding of their rights and obligations, which can ultimately lead to a successful business relationship.

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