Agency Agreement Pack

  • Agency Agreement - R 750.00
  • An agency agreement is a legal contract creating a fiduciary relationship whereby the first party (the “Principal") agrees that the actions of a second party ("the Agent") binds the principal.
    In other words, the Agent, on behalf of the Principal, can enter into agreements with clients/customers that creates a contractual relationship between the Principal and the client/customer and the Principal is required to perform under the Agreement.
    Generally, the agent must act in good faith and in the principal's best interests to achieve the principal's desired goal.
  • Legal Practitioner Letter of Engagement (Party A) - R 250.00
  • This Letter of Engagement must be used when you are acting for Party A.

    The Letter of Engagement contains a calculator used to calculate the hourly fee that will be charged by taking into account the importance, significance, expertise and complexity of work that will be done, the volume and urgency of the work and the financial implications of the matter. 

    The hourly fee calculation is followed by inputs relating to the estimation of the fees and payment terms as well as the terms of engagement between the Legal Practitioner and the Client. 

    This documents further makes provision for the applicable FICA questionnaire, FICA tables and the status affidavits required before engaging with the Client. 
  • Memorandum of Understanding (MOU) - R 450.00
  • Generally, an MOU is a non-binding agreement between parties in which the parties record certain facts and discussion surrounding a proposed binding agreement that they wish to enter into.
    MOUs are often combined with non-disclosure agreements (which are binding on the Parties) and also sometimes contain non-solicitation of key individual provisions (which are also binding on the Parties).
    The MOU is also sometimes referred to in practice as a “Term Sheet” or a “Recordal”, and usually contain key principles that must be mirrored in the definitive agreement and a recordal of certain actions to be taken by the applicable parties to the MOU.
  • Restraint of Trade Agreement - R 450.00
  • A Restraint of Trade Agreement provides legal protection to a party by restraining another party from doing certain things that may negatively impact on the business of the party whose interest requires protection. For example, an Employee can be restraint from opening and operating a similar business to that of the Employer within a specific territory when the employment relationship between the Employer and the Employee comes to an end.
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