News 4
This Practice Note examines the events and situations that may bring an agency arrangement to an end and the consequences of termination of an agency on the parties involved. This Practice Note does not consider the consequences of termination of a commercial agency, for which see Practice Note: Termination of commercial agency.
Termination of agency
An agency may be terminated by:
- •
agreement of the parties
- •
other act of the parties, or
- •
operation of law
Termination by agreement or act of the parties
An agency may be terminated by the parties on agreement to do so or by either party due to acts by the other amounting to repudiation (see Practice Notes: Termination and expiry of contracts and Repudiation of contract). Written agency agreements should set out any minimum terms and periods of notice applicable, events of breach for which the agreement may be terminated and any specific provisions applicable after notice of termination and termination taking effect. For a precedent that can be adapted as necessary, see Precedents:
- •
Sales and marketing agency agreement for goods—non-exclusive—pro-agent
- •
Sales
To view the latest version of this document and thousands of others like it,
sign-in with LexisNexis or register for a free trial.
Related documents:
- Fiduciaries, secret commissions-existence of relationship and scope of duties (Medsted Associates Lt...
- On findings of facts and fiduciaries (Fisher v Dinwoodie)
- Remedies for breach of fiduciary duty—when remuneration forfeiture is ordered (HPOR Servicos De Cons...
- Risky business—oral contracts, partially concluded agreements and quantum meruit claims (AMP v Force...
Precedents 2
Q&As 6
- Does a document appointing an attorney need to state that it is a power of attorney for it to be eff...
- Is a principal able to pay a commercial agent in lieu of the statutory notice period?
- Under English law, what is the difference between a 'dealer' and a 'distributor'?
- What is the meaning of a non-exclusive agent? Does this give the agent the right to sell goods other...
- What key issues should be considered where customer (C) has a direct relationship with supplier (A)...
- When do the Commercial Agents Regulations (or their EEA member state equivalents) apply where an age...