Example of a Commercial Commission Contract
Contracts / / July 04, 2021
A commercial commission contract, is a contract in which an action, faculty or function is commissioned to a person, company or institution.
In this contract, a faculty is delegated trade to a person or institution to carry out activities on behalf of the contractor.
The principal is the person who delegates the function and the agent who receives the function or obligation.
Example of a commercial commission contract:
COMMERCIAL COMMISSION CONTRACT
Contract entered into by one party by Componentes Contreras S.A. de C.V., which is represented by Mr. (José Manuel Méndez Morales), a person who successive will be called "COMMITTEE" and as contracted to (Electrónica Farías S.A.) represented by (Manuel Mendieta Pérez), who will be called "COMMISSIONIST":
Declarations:
The "Principal" declares:
a) This is a commercial company that was established in accordance with the corresponding legislation in force in (México D.F.), visible act in "Public Deed" No. 56832 of January 12, 1999, which states and attests to the Lic. Antonio Machado López notary public number 265 of Mexico City Federal District.
b) The purpose of this contract is to commission "ELECTRONICA FARÍAS S.A." As a representative and distributor of the components produced by “components Contreras S. TO."
c) The personality of the representative of the contracted party is accredited by notarial deed number 6589 celebrated on October 31, 2004 in Mexico City, carried out by the notary public number 896 of the city of Mexico. Being in full use of his legal powers.
d) The address where this contract is entered into is (Avenida México Number 759, office 23)
The Commissioner declares:
a) Being a Mexican company and having its address at Avenida México Number 759, office 23
b) Declares to have a federal taxpayer registry (put this information here).
c) Declares to have the capacity to carry out the commissioned work.
The parties declare the following:
To govern this contract, both parties submit to:
a) The laws and codes that emanate from the constitution and commercial code of the federal district.
b) The clauses of this contract.
In accordance with the foregoing, and recognizing the value of this contract, both parties submit to the following:
CLAUSES:
FIRST.- The personality of both parties is mutually recognized and fully complying with the value and obligations of this contract.
SECOND.- The parties agree to dissect themselves in an ordinary way to the trade, assuming the current legislation, especially the articles (Put the corresponding articles).
THIRD.- This contract will be valid for the duration of the commission entrusted and is not indefinite and renewable in accordance with the prior agreement of the parties.
FOURTH.- The commissioning party and commissioner are free to contract independently, but agreeing not to have unfair competition and in case of doing so, it will be subject to the corresponding legislation.
FIFTH.- The commissioning party accepts based on the article (put the corresponding law) to be carried out the commissions are indicated to you in accordance with this contract, without refusing to carry them out except for reasons of force higher.
SIXTH.- The commission contracted consists of what is established in the following stipulations
- It will sell components in all stores and with all its associates.
- It will promote the products of the contracting company in its own way
- It will adjust to the market and present reports corresponding to the corresponding sales, data, losses and profits.
- _______________________________
- ________________________________
SEVENTH.- The contracted commission agent will refrain from contracting or subcontracting to other companies, to perform the commissioned function
EIGHTH.- The corresponding expenses will be broken down as follows:
- ________________________________
- ________________________________
- ________________________________
NINTH.- The commissioned company will carry out the commission in the name and account of the client, unless there is a stipulation made by him.
TENTH.- Based on (Articles of law) the commission contracted will be carried out under the instructions of the principal and is not empowered to contradict them and in case of not complying with them, the commission agent will agree not to do or cause damage to the company contractor.
ELEVENTH.- In case of conflicts, problems or deficiencies, "THE COMMISSIONER" will respond to "THE COMMITTEE" for the operations made with violation, excess or defect of
TWELFTH.- In the event of theft, damage or discord, the contracted company undertakes to inform and respond to the contracting party and if he does not do so, he will be subject to this contract and the laws corresponding.
THIRTEENTH.- "THE COMMISSIONER" will deliver reports in the time and form established to the contracting company.
FOURTEENTH.- The commission agent will refrain from carrying out commercial acts that are not linked to this contract.
FIFTEENTH.- the contracting party and the contracted party agree that the parties to which the payments and Transactions will be carried out on the _____________ day of each month and will become effective the day after signed.
SIXTEENTH.- In terms of article 307 of '' THE LAW '', '' THE COMMITTEE '', may at any time revoke the Commission hereby conferred on '' THE COMMISSIONER '', with no more responsibility than to be at the commercial results of the efforts or part of them that "THE COMMISSIONIST" reliably accredits already having done.
SEVENTEENTH.- The mission or assignment will be carried out in the following assigned places:
1.-______________________________________________
2.- _____________________________________________
Unless new assignment of the contractor.
EIGHTEENTH.- The contracted company may, if required, present a bond that guarantees the cost of the work performed; this in case of having been required.
NINETEENTH.- If required, the contracting company will issue a guide or operations manual, which must be delivered in a timely manner.
TWENTY.- The contracted company will have the power to grant invoices or similar corresponding documents, always in accordance with the law and the provisions of the contract.
After having read this contract, and after being aware of the parts of its content, it will be signed by the representatives.
Mexico DF. as of June 2, 2012
Representative Representative
commission agent
Signature Signature