The Sourcing Agent Agreement is essential for companies looking to optimize their procurement processes through professional representation in supplier markets. This document, particularly relevant in U.S. business operations, defines the relationship between the principal company and their sourcing agent, covering crucial aspects such as commission structures, service scope, and compliance requirements. The agreement is designed to protect both parties' interests while ensuring efficient procurement operations. Use of a formal Sourcing Agent Agreement is particularly important when establishing long-term sourcing relationships, dealing with international suppliers, or handling significant procurement volumes.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification and details of the principal and the sourcing agent
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope of Services: Terms of appointment and detailed description of services to be provided
5. Term and Termination: Duration of agreement and conditions for termination
6. Compensation: Fee structure, commission rates, and payment terms
7. Obligations of the Agent: Agent's duties, responsibilities, and performance standards
8. Obligations of the Principal: Principal's duties and responsibilities
9. Confidentiality: Protection of confidential information and trade secrets
10. Governing Law: Applicable law and jurisdiction
1. Exclusivity: Terms of exclusive representation and restrictions on representing competitors
2. Performance Metrics: Specific KPIs and performance standards for larger contracts
3. Insurance: Insurance requirements and coverage details for high-value transactions
4. Force Majeure: Provisions for unforeseen circumstances in unstable markets
5. Compliance with Laws: Specific regulatory compliance requirements for regulated industries
1. Schedule A - Territory Definition: Geographical areas covered by the agreement
2. Schedule B - Commission Structure: Detailed breakdown of commission rates and calculations
3. Schedule C - Product Categories: List of products or services to be sourced
4. Schedule D - Approved Suppliers: List of pre-approved suppliers, if any
5. Schedule E - Performance Metrics: Detailed KPIs and measurement criteria
6. Schedule F - Compliance Checklist: Required certifications and compliance standards
Relevant legal definitions
Agreement
Agent
Principal
Services
Territory
Commission
Effective Date
Term
Product Categories
Purchase Order
Specifications
Suppliers
Confidential Information
Intellectual Property Rights
Force Majeure Event
Business Day
Applicable Laws
Target Price
Quality Standards
Purchase Price
Delivery Terms
Manufacturing Facility
Sample Products
Sourcing Services
Material Breach
Trade Secrets
Compliance Requirements
Performance Metrics
Related Parties
Net Purchase Price
Commission Payment Date
Approved Suppliers
Quality Control Standards
Inspection Rights
Payment Terms
Agent
Principal
Services
Territory
Commission
Effective Date
Term
Product Categories
Purchase Order
Specifications
Suppliers
Confidential Information
Intellectual Property Rights
Force Majeure Event
Business Day
Applicable Laws
Target Price
Quality Standards
Purchase Price
Delivery Terms
Manufacturing Facility
Sample Products
Sourcing Services
Material Breach
Trade Secrets
Compliance Requirements
Performance Metrics
Related Parties
Net Purchase Price
Commission Payment Date
Approved Suppliers
Quality Control Standards
Inspection Rights
Payment Terms
Clauses
Appointment
Services Scope
Term and Duration
Commission and Payment
Territory
Exclusivity
Performance Requirements
Obligations and Duties
Representations and Warranties
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Indemnification
Insurance
Compliance
Reporting Requirements
Quality Control
Inspection Rights
Record Keeping
Force Majeure
Termination
Assignment
Notices
Dispute Resolution
Governing Law
Amendment
Entire Agreement
Severability
Waiver
Relationship of Parties
Third-Party Rights
Data Protection
Anti-Corruption
Export Control
Services Scope
Term and Duration
Commission and Payment
Territory
Exclusivity
Performance Requirements
Obligations and Duties
Representations and Warranties
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Indemnification
Insurance
Compliance
Reporting Requirements
Quality Control
Inspection Rights
Record Keeping
Force Majeure
Termination
Assignment
Notices
Dispute Resolution
Governing Law
Amendment
Entire Agreement
Severability
Waiver
Relationship of Parties
Third-Party Rights
Data Protection
Anti-Corruption
Export Control
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Nursing Agency Contract Agreement
An England & Wales legal agreement outlining terms for temporary nursing staff between agencies and healthcare facilities.
find out more
International Agency Agreement
An England & Wales legal agreement outlining terms for appointing foreign market representatives and compliance obligations.
find out more
Healthcare Staffing Agency Contract
An England & Wales contract for temporary healthcare staffing, ensuring compliance with regulations and professional standards.
find out more
Exclusive Management Agency Agreement Commercial And Industrial
An England & Wales legal document outlining broker-principal relationships for commercial transactions and regulatory compliance.
find out more
Exclusive Estate Agency Agreement
An England & Wales contract authorizing an agent to represent a buyer in property searches and negotiations.
find out more
Exclusive Agency Listing Agreement Form
An England & Wales legal document outlining the professional relationship between property buyers and brokers.
find out more
Customs Broker Agreement
An England & Wales document for broker-to-broker client referrals, ensuring compliance and commission arrangements.
find out more
Buyer Tenant Agency Contract
A legal agreement authorizing a real estate agent to represent a tenant in property purchase negotiations.
find out more
Buyer Representation Agreement Form
An England & Wales legal document authorizing a company's guarantee, ensuring compliance with governance and legal requirements.
find out more
Broker Agreement Commission
An England & Wales document recording formal corporate decisions per Companies Act 2006 requirements.
find out more
Agreement Between Buyer And Commission Agent
An England & Wales legal document authorizing a company's share subscription in another company.
find out more
Agreement Between Agent And Company
An England & Wales legal document authorizing the board-approved sale of a company to another entity.
find out more
Agent Client Agreement
An England & Wales document recording formal partner decisions affecting a partnership's operations or structure.
find out more
Agency Representation Agreement
An England & Wales legal document authorizing a company's board decision to enter a partnership agreement.
find out more
Agency Listing Agreement
An England & Wales corporate document authorizing company representatives to open and manage trading accounts.
find out more
Agency Client Contract
An England & Wales legal document authorizing a company's issuance of new shares under statutory compliance.
find out more
Staffing Agency Agreement Temporary And Permanent Contract
An English law agreement governing the provision of temporary and permanent staffing services between recruitment agencies and their clients.
find out more
Agreement Between Manufacturer And Commission Agent
An English law agreement establishing terms between a manufacturer and commission agent for the sale of products on commission basis.
find out more
Buyer Broker Exclusive Employment Agreement
A legally binding agreement under English and Welsh law establishing an exclusive relationship between a property buyer and their appointed broker for property transactions.
find out more
Buyer Broker Agreement Form
A legal agreement under English and Welsh law establishing the terms between a property buyer and their broker.
find out more
Buyer Agency Agreement Form
A legal agreement under English and Welsh law establishing the terms between a buyer's agent and their client for property search and acquisition services.
find out more
Buyer Broker Commission Agreement
A legal agreement under English and Welsh law establishing commission terms between a property buyer and their broker.
find out more
Buyer Agent Commission Agreement
An English law agreement setting out terms for buyer representation and commission in property transactions.
find out more
Booking Agent Agreement Non Exclusive
An English law agreement establishing a non-exclusive relationship between a booking agent and their client for securing bookings and appearances.
find out more
Property Management Agreement Between Landlord And Agent
An England and Wales agreement defining the terms under which a property management agent manages property on behalf of a landlord.
find out more
Buyer's Agent Agreement
A contract under English and Welsh law establishing the terms between a property buyer and their appointed agent for property search and acquisition services.
find out more
Buyer Agent Exclusive Agreement
A legally binding agreement under English and Welsh law establishing exclusive representation rights between a property buyer and their appointed agent.
find out more
Booking Agent Contract
An English law agreement establishing terms between booking agents and their principals, covering representation and commission terms.
find out more
Buyer Representation Agreement
A legal agreement under English and Welsh law establishing the terms of representation between a property buyer and their appointed agent.
find out more
Buyer Broker Agreement
A legal agreement under English and Welsh law establishing terms between a property buyer and their appointed broker for property search and acquisition services.
find out more
Tenant Agency Agreement
A U.S. legal agreement establishing representation of a tenant by a real estate agent in rental property searches.
find out more
Temporary Staffing Agreement
A U.S. contract between a staffing agency and client company governing the provision of temporary workers and related services.
find out more
Temporary Service Agreement
A U.S.-governed contract defining temporary service arrangements between a service provider and client, including scope, terms, and duration of service.
find out more
Temporary Labor Agreement
A U.S.-compliant contract defining terms and conditions for temporary employment relationships between employers and temporary workers.
find out more
Temporary Agency Contract
A U.S.-compliant agreement between a staffing agency and client company for temporary worker provision, addressing federal and state employment regulations.
find out more
Temp To Hire Agreement
A U.S.-governed agreement establishing terms for temporary employment with potential conversion to permanent status.
find out more
Temp Agency Contract
A U.S.-compliant agreement between a temporary staffing agency and client company for the provision of temporary workers.
find out more
Talent Agency Contract
A U.S.-governed agreement between a talent agency and artist establishing terms of professional representation, subject to federal and state regulations.
find out more
Subagency Agreement
A U.S. legal agreement establishing a relationship between a primary agent and subagent, delegating specific authorities and responsibilities.
find out more
Standard Agent Contract
A U.S.-governed agreement establishing the terms and conditions of an agency relationship between a principal and their appointed agent.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)