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The International Buying Agent Contract is essential for companies seeking to establish formal procurement relationships in international markets through local representatives. This agreement, governed by Dutch law, is typically used when a company (the principal) wishes to engage a professional agent to identify, negotiate with, and purchase from suppliers in specific foreign territories. The document addresses crucial aspects such as the agent's authority limits, commission structures, territory restrictions, and compliance requirements. It incorporates necessary provisions to comply with Dutch Civil Code requirements, EU regulations, and international trade laws, while providing flexibility to accommodate specific industry needs and cross-border considerations. The agreement is particularly important for ensuring clear accountability, risk allocation, and performance metrics in international procurement relationships.

1. Parties: Identification of the Principal and the Agent, including full legal names, registration details, and addresses

2. Background: Context of the agreement, brief description of the parties' businesses, and their intention to enter into an agency relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope: Terms of the agent's appointment, territory coverage, and products/services covered

5. Agent's Rights and Obligations: Detailed description of the agent's duties, responsibilities, and authority limits

6. Principal's Rights and Obligations: Principal's commitments, support provisions, and information sharing requirements

7. Commission Structure: Details of commission rates, calculation methods, and payment terms

8. Reporting and Accounting: Requirements for financial reporting, record-keeping, and accounting procedures

9. Term and Termination: Duration of the agreement, renewal terms, and termination provisions

10. Confidentiality: Provisions for handling confidential information and trade secrets

11. Non-Competition and Non-Solicitation: Restrictions during and after the agreement term

12. Intellectual Property: Rights and restrictions regarding the use of trademarks, logos, and other IP

13. Liability and Indemnification: Allocation of risks and responsibilities between parties

14. Force Majeure: Provisions for handling unforeseen circumstances and their impact

15. Governing Law and Jurisdiction: Specification of Dutch law application and jurisdiction

16. General Provisions: Standard clauses including notices, amendments, and severability