Agency Agreement

(redirected from Agency Agreements)
Also found in: Wikipedia.

Agency Agreement

An agreement between persons and/or organizations whereby one, called the agent, acts on behalf of the other, called the principal. The agency agreement states the functions the agent will perform for the principal, under what circumstances, and for what compensation. Agents have a fiduciary responsibility to act in the best interests of the principal. Common examples of agents include brokers and attorneys. An agency agreement is also called an agency contract. See also: Agency theory, Agency problem, Agency costs.
References in periodicals archive ?
David Rogers, Managing Director of Ironshore Australia noted that it is Ironshore s intention to pursue further expansion opportunities with these types of agency agreements.
QDO multiple agency agreements make much sense any more?
In 2011, the Company terminated several other unfavorable exclusive agency agreements resulting in significant losses, acquired through Digital Media Group, including those covering Hong Kong Airport Express Line, Kowloon-Canton Through Train, Shanghai Intelligent Transport Information Signboards and Shenzhen Subway Line 1 in-train media assets.
Increasingly, the termination of registered agency agreements is completed through settlement agreements negotiated between the parties.
West Midlands companies aiming to trade within the European Union are being urged to take advantage of an opportunity to find out more about agency agreements.
Exclusive agency agreements entered into between brokers and tenants typically contemplate the payment of a commission to the agent only for a sublease, lease assignment or lease termination or a similar disposition of the space.
The third filing is a supplemental prospectus relating to shares subject to Distribution Agency Agreements that Chesapeake entered into with Credit Suisse Securities (USA) LLC, Morgan Stanley & Co.
Derek Abbott FRICS of Hollier Browne Chartered Surveyors (members of TEAM) QSOLE, multiple and joint agency agreements.
The board also reviews individual agency agreements with Arkansas Information Consortium, sets policies, and approves new portal services.
will immediately begin to market its products overseas by signing agency agreements with foreign security firms.
announced today that in its first 4 months of activities, MonteCristo has signed Worldwide International Sales Agency agreements to 16 Feature Films.
The Company has agency agreements which do provide for profit sharing when the portfolio of agency business -- not any one account -- performs profitably.