Document background
The Sole Agent Agreement is a crucial commercial contract used when a business (Principal) wishes to appoint an exclusive representative (Agent) to promote and sell their products or services in a specific territory. This agreement, governed by Danish law, is particularly important for companies expanding their market presence through local representatives. The document comprehensively addresses key aspects such as exclusivity rights, commission structures, performance obligations, and termination provisions, while ensuring compliance with the Danish Commercial Agents Act and EU regulations. It's especially relevant for international trade relationships where companies seek dedicated representation in the Danish market or Danish companies expanding internationally. The agreement provides protection for both parties by clearly defining their rights, obligations, and the terms of their commercial relationship.
