Document background
The Agency Master Services Agreement serves as the foundational document for establishing and managing principal-agent relationships in the Canadian business context. This agreement is essential when a company (principal) wishes to appoint another entity (agent) to act on its behalf in matters such as sales, service delivery, or market representation. It comprehensively addresses key aspects including scope of authority, compensation, compliance with Canadian federal and provincial laws, risk allocation, and operational requirements. The document is designed to protect both parties' interests while ensuring clarity in their respective roles and responsibilities. It's particularly crucial for businesses expanding their reach through external representatives or agencies, requiring careful consideration of territorial rights, performance metrics, and regulatory compliance across different Canadian jurisdictions.
