Agency contract – when one party has to act as an agent to sell the products, goods or services of the other party (the client) for commissions. The agreement is also called a commercial agent contract or commission contract. The agreement defines the responsibilities of each party and defines the limits of the agent`s power. This is a standard agreement for a company that sells goods of any kind, uses independent agents as a sales team, but supplies goods directly to the customer and not through the agent. This document is not a concession contract in which the concession is occupied by the seller and/or a fixed premises are managed by the seller. As a sales agent, you should understand the importance of a sales agency contract. In the absence of a properly crafted commercial agent contract, you are potentially severely underprotected.