A Direct Selling Agent Agreement is a legal agreement entered into between a Business and an Agent authorized to sell/distribute the product of a business on its behalf. The Direct Selling Agent Agreement puts in writing the terms of agreement between the business and the agent and details areas such as limitation of liability, territory, intellectual property usage, commission, return policy, etc.,
This Direct Selling Agent Agreement can be used by any business wishing to appoint Direct Selling Agents on it behalf. It is frequently used by many of the leading banks in this country, who outsource this sales operation either to individuals or to other institutions specialized in this task.
The Direct Selling Agent agreement must be printed on a Non-Judicial Stamp Paper with a value of Rs.20/- or more. The Direct Selling Agreement is made in two copies and the agent and the company each retain one original copy of the agreement for their records.