This Purchasing Agency Agreement is between a principal and an agent. In this agreement the principal appoints the agent as its non-exclusive purchasing agent in a specific territory. It is vital that this type of agreement be memorialized in writing as it provides the specific terms and conditions of the arrangement. A written Purchasing Agency Agreement will prove valuable in the event of disagreements, misunderstandings or litigation.

Among others, this Purchasing Agency Agreement contains the following:

• Parties: This provision sets out the names of the parties and the effective date of the agreement;
• Product Description/Territory: This provision sets out the specific products or goods the agent will purchase and agent’s specific territory;
• Compensation: This provision sets forth the rate of compensation paid to the agent.

Protect yourself and your rights by using our professionally prepared up-to-date forms.

This attorney-prepared packet includes:

1. General Instructions
2. Purchasing Agency Agreement for Illinois

State Law Compliance: This form complies with the laws of Illinois