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Purchase Agency Agreement Template for Switzerland

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Key Requirements PROMPT example:

Purchase Agency Agreement

"I need a Purchase Agency Agreement under Swiss law for appointing an agent to purchase industrial equipment in the EU market, with a maximum purchase authority of 500,000 CHF per transaction and including special provisions for quality control and technical specifications."

Document background
The Purchase Agency Agreement is essential for businesses seeking to outsource or delegate their procurement activities to specialized agents or local representatives. This document type is particularly valuable when companies need to establish a formal purchasing presence in new markets or require specialized procurement expertise. The agreement, governed by Swiss law, provides a comprehensive framework for the agency relationship, including detailed provisions on purchase authorization limits, quality control requirements, reporting obligations, and risk allocation. It's commonly used in international trade scenarios where Swiss law is chosen for its neutrality and well-developed commercial law framework. The document ensures compliance with Swiss legal requirements while providing flexibility to accommodate specific business needs and industry practices.
Suggested Sections

1. Parties: Identification of the Principal and the Agent with full legal names and addresses

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Formal appointment of the agent and detailed scope of authority for making purchases

5. Agent's Rights and Obligations: Detailed responsibilities of the agent including reporting, compliance with instructions, and standard of care

6. Principal's Rights and Obligations: Principal's responsibilities including providing information, funds, and cooperation

7. Purchase Parameters: Specifications for authorized purchases including budget limits, approval processes, and quality requirements

8. Compensation and Expenses: Agent's fees, commission structure, and reimbursable expenses

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Confidentiality: Protection of confidential information exchanged during the agency relationship

11. Liability and Indemnification: Allocation of risks and responsibilities between parties

12. General Provisions: Standard clauses including notices, amendments, governing law, and jurisdiction

Optional Sections

1. Exclusivity: Used when the agent is granted exclusive rights for certain purchases or territories

2. Insurance: Required when specific insurance coverage needs to be maintained by the agent

3. Compliance with Laws: Detailed section needed when purchases involve regulated products or international trade

4. Anti-Corruption: Required for international arrangements or when dealing with public sector entities

5. Data Protection: Necessary when the agent will handle personal data in course of purchases

6. Force Majeure: Important for long-term arrangements or when dealing with international purchases

7. Non-Competition: Used when the agent may have access to sensitive market information

8. Bank Guarantees: Required when the agent handles significant financial transactions

Suggested Schedules

1. Purchase Authorization Matrix: Detailed breakdown of purchase limits and approval requirements

2. Commission Structure: Detailed calculation methods and examples of agent's compensation

3. Approved Suppliers List: List of pre-approved suppliers from whom purchases can be made

4. Reporting Templates: Standard formats for purchase reports and performance updates

5. Quality Standards: Specific quality requirements for products to be purchased

6. Operating Procedures: Detailed procedures for making purchases and obtaining approvals

7. Territory Definition: Geographic areas or market segments covered by the agreement

8. Power of Attorney: Formal authorization document for the agent's authority

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




























Clauses









































Relevant Industries

Manufacturing

Retail

Wholesale Trade

Industrial Equipment

Consumer Goods

Electronics

Automotive

Pharmaceuticals

Food and Beverage

Raw Materials

Construction

Textiles

Chemical Industry

Energy

Relevant Teams

Procurement

Legal

Supply Chain

Operations

Commercial

Compliance

Finance

Risk Management

Vendor Management

International Trade

Contract Administration

Relevant Roles

Procurement Manager

Purchasing Director

Supply Chain Manager

Commercial Director

Legal Counsel

Contract Manager

Chief Procurement Officer

Sourcing Manager

Operations Director

Purchasing Agent

Category Manager

Vendor Manager

Business Development Manager

Regional Procurement Lead

Compliance Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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