This Buying Agency Agreement is designed for use in commercial relationships where a principal seeks to engage a professional buying agent to handle their procurement needs under Irish law. The document is particularly relevant when a business needs expertise in sourcing products, negotiating with suppliers, or accessing specific markets. The agreement comprehensively addresses key aspects including the agent's authority, compensation, duties, reporting requirements, and compliance with Irish legal requirements, particularly the European Communities (Commercial Agents) Regulations 1994. It's suitable for both domestic and international procurement activities, providing necessary protections for both parties while ensuring clear operational guidelines and performance standards.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies and provides full details of the principal and the buying agent
2. Background: Sets out the context of the agreement, including the principal's need for a buying agent and the agent's expertise
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules of interpretation
4. Appointment and Scope: Details the formal appointment of the agent and defines the scope of their authority
5. Term and Termination: Specifies the duration of the agreement and circumstances for termination
6. Agent's Duties and Obligations: Comprehensive list of the agent's responsibilities and standards of performance
7. Principal's Duties and Obligations: Outlines the principal's responsibilities, including provision of information and support
8. Compensation and Payment Terms: Details the commission structure, payment terms, and expense reimbursement
9. Purchasing Process: Describes the procedures for identifying, evaluating, and executing purchases
10. Reporting Requirements: Specifies the agent's reporting obligations and documentation requirements
11. Confidentiality: Protects confidential information exchanged during the agency relationship
12. Intellectual Property: Addresses ownership and use of intellectual property rights
13. Liability and Indemnification: Sets out the parties' liability limitations and indemnification obligations
14. General Provisions: Includes standard clauses such as notices, assignment, and governing law
1. Non-Compete and Non-Solicitation: Include when the principal wants to restrict the agent's ability to compete or solicit customers/suppliers
2. Insurance Requirements: Include when specific insurance coverage is required from the agent
3. International Purchases: Include when the agent will be making purchases from international suppliers
4. Quality Control Procedures: Include when specific quality standards must be maintained for purchases
5. Dispute Resolution: Include when parties want to specify alternative dispute resolution mechanisms
6. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances
7. Data Protection: Include when personal data processing is involved in the agency activities
8. Compliance with Anti-Bribery Laws: Include when there's significant risk of corruption in the relevant markets
1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates and calculation methods
2. Schedule 2 - Territory and Product Categories: Defines the geographical area and types of products covered by the agreement
3. Schedule 3 - Approved Suppliers: List of pre-approved suppliers from whom the agent may make purchases
4. Schedule 4 - Purchasing Procedures: Detailed steps and requirements for the purchasing process
5. Schedule 5 - Reporting Ƶ: Standard forms and formats for required reports
6. Schedule 6 - Service Levels: Specific performance metrics and standards for the agent
7. Appendix A - Power of Attorney: If required, formal authorization for the agent to act on principal's behalf
8. Appendix B - Compliance Requirements: Detailed compliance procedures and requirements
Relevant legal definitions
Clauses
Relevant Industries
Retail
Manufacturing
Fashion and Apparel
Electronics
Industrial Equipment
Food and Beverage
Construction Materials
Automotive
Pharmaceuticals
Consumer Goods
Textiles
Raw Materials
Agricultural Products
Luxury Goods
Relevant Teams
Procurement
Legal
Operations
Supply Chain
Commercial
Finance
Compliance
Risk Management
Strategic Sourcing
Vendor Management
Relevant Roles
Procurement Manager
Purchasing Director
Supply Chain Manager
Commercial Director
Operations Manager
Sourcing Manager
Chief Procurement Officer
Buying Manager
Category Manager
Contract Manager
Legal Counsel
Procurement Specialist
Supply Chain Director
Chief Operating Officer
Business Development Manager
Find the exact document you need
Contract For Buying A Business
An Irish law-governed agreement detailing the terms and conditions for the purchase and sale of a business, including all essential transaction elements and regulatory compliance requirements.
find out more
Buyers Contract
An Irish law-governed agreement outlining terms and conditions for purchasing goods or services, incorporating buyer protections and commercial requirements.
find out more
Buy With Reservation Agreement
An Irish law agreement establishing terms for reserving a property during pre-purchase investigations and financing arrangements.
find out more
Basic Purchase Agreement
An Irish law-governed agreement that establishes the basic terms and conditions for the sale and purchase of goods between two parties.
find out more
Forward Purchase Agreement (Real Estate)
An Irish law agreement for the future purchase of real estate, typically involving property under construction or development, with pre-agreed terms and conditions.
find out more
Customer List Purchase Agreement
An Irish law-governed agreement for the sale and transfer of customer lists between businesses, ensuring GDPR compliance and data protection.
find out more
Car Buying Contract
An Irish law-governed agreement for the sale and purchase of motor vehicles, incorporating essential terms and regulatory requirements for vehicle transactions in Ireland.
find out more
Sell Agreement
An Irish law-governed agreement documenting the sale and transfer of goods, assets, or property between parties, outlining key terms and conditions of the transaction.
find out more
Vehicle Hire Purchase Agreement
An Irish law-governed agreement for the purchase of a vehicle through installment payments, where ownership transfers to the hirer upon completion of all payments.
find out more
Personal Property Addendum
An Irish law-compliant addendum detailing terms and conditions for personal property items within a primary agreement, including ownership, use, and maintenance requirements.
find out more
Contingent Purchase Agreement
An Irish law-governed agreement setting out terms for a purchase transaction subject to specific conditions being met, including purchase terms, conditions precedent, and completion mechanisms.
find out more
Conditional Purchase Agreement
An Irish law agreement governing the sale of assets where ownership transfer is conditional upon specific requirements, typically full payment completion.
find out more
Land Sales Agreement
An Irish law-governed agreement for the sale and purchase of land, setting out the terms, conditions, and obligations for property transfer between parties.
find out more
Dealer Purchase Agreement
An Irish law-governed agreement between a manufacturer/supplier and dealer establishing terms for product purchase and resale, including territorial rights and operational requirements.
find out more
Buying Agency Agreement
An Irish law agreement appointing an agent to source and purchase goods on behalf of a principal, setting out the terms of their commercial relationship.
find out more
Buy Tenancy Agreement
An Irish law-governed agreement combining property rental terms with a future purchase option, establishing rights and obligations for both landlord/seller and tenant/buyer.
find out more
Final Purchase Agreement
An Irish law-governed agreement that finalizes the terms and conditions of a sale transaction between parties, including all essential elements of the purchase.
find out more
Land Purchase Agreement Form
An Irish law-governed agreement for the legal transfer of land ownership between a vendor and purchaser, detailing all aspects of the property transaction.
find out more
Joint Purchase Agreement For Vehicle
An Irish law-governed agreement establishing terms for joint vehicle purchase and ownership between multiple parties, defining rights, responsibilities, and ownership shares.
find out more
Timeshare Purchase Agreement
An Irish law-governed agreement for the purchase of a timeshare interest, complying with EU consumer protection regulations and establishing rights and obligations of all parties.
find out more
Private Party Car Sale Contract
An Irish law-governed contract for the private sale of a motor vehicle between individuals, documenting vehicle details, price, and transfer terms.
find out more
Co Purchase Agreement
An Irish law agreement establishing terms and conditions for joint property purchase and ownership between multiple parties in Ireland.
find out more
Commercial Offer To Purchase
An Irish law-governed document presenting a formal offer to purchase commercial property, including key terms and conditions of the proposed transaction.
find out more
Letter Of Intent To Purchase Property
An Irish law-governed preliminary document expressing a potential buyer's intention to purchase property and outlining key proposed terms of the transaction.
find out more
Option Purchase Agreement Film
An Irish law-governed agreement granting exclusive rights to purchase film rights to a creative work within a specified period.
find out more
Forward Purchase Contract
An Irish law-governed agreement for the future purchase of specified goods or assets, detailing price, delivery terms, and payment conditions.
find out more
Simple Offer To Purchase Real Estate Form
An Irish legal document presenting a formal offer to purchase real estate, outlining key terms and conditions in compliance with Irish property law.
find out more
Employee Laptop Purchase Agreement
An Irish law-governed agreement enabling employees to purchase laptop computers from their employer with defined payment terms and conditions.
find out more
Trailer Purchase Agreement
An Irish law-governed agreement for the sale and purchase of a trailer, including terms of sale, warranties, and ownership transfer provisions.
find out more
Buyer Contract Agreement
An Irish law-governed agreement setting out terms and conditions for the purchase of goods or services, including payment, delivery, and quality requirements.
find out more
Commercial Lease With Option To Purchase
An Irish law-governed agreement combining a commercial property lease with a future purchase option, setting out terms for both leasing and potential acquisition.
find out more
Rental Purchase Agreement
An Irish law-governed agreement establishing terms for rental purchase arrangements, combining rental terms with a path to ownership through scheduled payments.
find out more
Price Purchase Agreement
An Irish law-governed agreement detailing purchase terms, price, and conditions between buyer and seller.
find out more
Prepaid Forward Purchase Agreement
An Irish law-governed agreement establishing terms for a prepaid forward purchase transaction, including payment mechanisms, delivery obligations, and regulatory compliance requirements.
find out more
Legal Real Estate Contract
An Irish law-governed contract for the sale and purchase of real estate property, establishing terms, conditions, and legal obligations for all parties involved.
find out more
Goods Purchase Agreement
An Irish law-governed agreement setting out terms and conditions for the commercial sale and purchase of goods.
find out more
Pre Purchase Agreement
An Irish law agreement setting out terms and conditions for a future property purchase, including price, deposit, and completion requirements.
find out more
Property Sales Contract Between Seller And Buyer
An Irish law-governed contract for the sale and purchase of property, establishing terms, conditions, and obligations between seller and buyer.
find out more
Vehicle Purchase Agreement
An Irish law-governed agreement documenting the sale and purchase of a vehicle, including essential terms, conditions, and ownership transfer requirements.
find out more
Medical Equipment Purchase Agreement
An Irish law-governed agreement for medical equipment purchase, compliant with EU MDR and Irish healthcare regulations.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)