PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT EUROS (EUR) FOR US DOLLAR (USD) Bank to Bank SWIFT MT103 This agreement on private foreign exchange transactions and the three attached annexes (3) are listed in 2 Alternative A. The client exclusively grants the agent the right to promote and sell the products in the assigned territory. The agent has the right to obtain the commission provided for in paragraph 3 of this agreement for all sales he concludes in the territory awarded during the period of entry into force of this agreement. Alternative B. The client exclusively grants the agent the right to promote and sell the products in the assigned territory. Nevertheless, the contracting entity is authorized to negotiate directly with clients in the territory, without the agent`s intermediary, provided that the agent is informed of the above agreements. In these cases, the agent is entitled to a commission in … % [insert a percentage; as a rule, 50% of the commission set at point 3 of this agreement]. Alternative C. The awarding entity may grant third parties, whether individuals or corporations, the right to promote and sell products in the territory. The agent is not allowed to earn any commission on sales made. 3.
COMMISSION CALCUL The client agrees to provide the agent, in exchange for the services provided, with a commission of … % [commission, usually between 5 and 10% of turnover]. The percentage of commission set out in this clause cannot be changed by the contracting parties unless it is agreed in writing by mutual agreement. The amount of the commission is calculated according to: Alternative A. The net value of the turnover, i.e. the price of products sold by the agent, at no additional costs (packaging, transportation and insurance) or taxes, provided that the expenses and taxes mentioned above are shown separately in the invoice. Alternative B. The invoiced price of products sold by the agent, including additional costs (packaging, transportation and insurance), but excluding taxes.
4. COMMISSION PAYMENT The commission is always paid with the customer`s advance payment to the customer for the amount of sales.