Another common example is the “assignment determination” where a support model indicates that the carrier can freely transfer the agreement to a third party, while the agent`s transfer rights are limited so that the carrier`s agreement is first required. Similarly, the determination of “force majeure” in carrier models often allows thieves to be excused from the performance when there are unavoidable conditions, but they do not extend the same right to the agent. All these inequalities should be identified and then followed aggressively by the negotiation process. 2500 Louisiana blvd. do, suite 600 albuquerque, new mexico 87110 (505) 883-4 or (800) -0963 Agent Agreement this agent contract, by and between Delta`s new mexico dental plan, Inc. (Delta Dental) and (agent) is effective on . in the recital, delta… Another way to approach termination is the “extension clause” of an agreement. In order to maintain flexibility, a representative may endeavour to shorten the duration of the contract, with the right to extend, for example, the durations of one year. In this way, an agent can avoid being locked into a long-term contract that can become financially unenforceable. The agreement should clearly define both the effective date and the date of termination of the agreement.
Several important parts of the agreement relate to an officer`s responsibilities. These responsibilities must be clearly expressed. For example, the applicable service area, which applies under the agreement, must be defined in the same way as the specific products that the agent will market and for which the agent receives commissions. Agents, especially the smaller ones, are well served through mediation and arbitration. These alternative dispute resolution techniques can lead to a long road to problem-solving in order to preserve the underlying relationship. More importantly, mediation and arbitration can significantly reduce legal fees, removing the inherent advantage that many large airlines have in a litigation environment because of their “deep pockets.” Officers should consider appropriate mediation or arbitration arrangements in their agreements.