Affiliate Agreement by EasyLegalDocs
This Affiliate Agreement outlines the terms of collaboration between a company and an affiliate, detailing the services to be provided by the affiliate as elaborated in an exhibit. It includes provisions for intellectual property protection, reporting requirements, payment terms, and conditions for termination. The agreement clarifies that the relationship is not a franchise and defines the responsibilities of both parties.
AFFILIATE AGREEMENT
This Affiliate Agreement (hereinafter referred to as the "Agreement") is made effective on [DATE OF AGREEMENT],
BY AND BETWEEN: | [COMPANY NAME], having its registered office situated at [COMPANY ADDRESS], hereinafter referred to as the “Company.” |
AND: | [NAME OF AFFILIATE], with an address of [AFFILIATE ADDRESS], hereinafter referred to as the “Affiliate,” collectively referred to as the “Parties.” |
WHEREAS, the Company wishes to collaborate with the Affiliate for the services elaborated in Exhibit A, under the terms of this Agreement.
The Parties agree as follows:
The Agreement will take force on the date of execution by the Company and acceptance by the Affiliate and shall renew at the end of the current calendar year and every year after that unless the parties decide otherwise according to the termination clause of this Agreement contained in clause 17 of this Agreement.
The Parties acknowledge that this Agreement is not a franchise agreement.
Subject to the terms and conditions of this Agreement, the Company grants access to the Affiliate to use its property for the furtherance of its business.
The Company has trade interests with third parties and reserves the right to amend this Agreement, if so required by such third parties.
The Affiliate shall protect the trademark, copyright, tradenames, and trade secrets that might be revealed to it for the purposes of this Agreement. Should the Affiliate find any infringement, it is responsible to report such infringement promptly to the Company to protect such rights.
The Affiliate agrees to not alter in any manner the copyrights, trademarks, or any other intellectual property of the Company.
The Affiliate shall bear the burden to carry out all duties agreed by it under this Agreement.
The Affiliate shall keep a record of its activities and furnish such reports upon request by the Company.
The Affiliate shall furnish the following records periodically at the end of every quarter: I. Sales generated II. Record of successful activities III. Progress report of ongoing activities
The Affiliate shall submit an annual plan to the Company stating, among other things, a plan of activities for the year, staff directed to those activities, its targeted objectives, and the success of its previous year's activities.
The Company agrees to not interfere in the way the Affiliate carries out its business activities, provided that: I. The Affiliate shall not make any false representation II. The conduct of the Affiliate shall promote the goodwill of the Company III. The Affiliate avoids deceptive business practices IV. Its activities are consistent with this Agreement
The Company agrees to assist the Affiliate as long as the Affiliate is not in default status.
Unless otherwise provided in this Agreement, the Company shall not require the Affiliate to work in any specific setup or prohibit it from working with any specific person.
The payment for the services of the Affiliate shall be made according to the agreed terms, and a monthly billing report shall be prepared and paid by the 10<sup>th</sup> of every month.
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