Sample Memorandum Of Agreement For Travel Agency

Non-recovery or the possibility of obtaining proof of insurance is considered a reason for termination at the discretion of the company. The company remains the rightful owner of all securities, rights and interests of the property and any material made available for the conclusion of this agreement. In the proceeding, one of the parties opposes the renewal of this agreement that concludes the agreement at the time of decline. The travel agency should maintain in good condition all materials and real estate included in this travel agency contract. All third parties participating in this agreement must be sold and maintained by the company. If the terms of this agreement are violated, the responding party has the option of terminating the contract. The travel agency undertakes to obtain and maintain appropriate insurance with [Company.Name] as “other insureds” for the duration of this contract. The company provides the Agency with a non-exclusive license to provide the company`s services and accommodations as part of vacation and travel packages. In addition, the company undertakes to provide the travel agency with sales and marketing materials to promote the accommodations and services listed in this agreement. At the end of this agreement, the parties may agree to extend the period by one year from the completion date. The company provides travel-related services and accommodations, including the following services: If the company is notified of a violation of any of the provisions of this agreement, it has the right to terminate the travel agency contract in its entirety. At the company`s request, the travel agency presents proof of insurance for each month during the duration of this travel agency contract. The parties agree not to transfer or sell this agreement without the prior written consent of the party requesting such measures.

The travel agency will offer the above services and accommodations to business and consumer customers as part of travel packages, in accordance with the terms of this travel agency contract. In return, the company agrees to pay the travel agency`s commissions on the basis of actual sales. The company is committed to maintaining availability for bookings as described below: the travel agency undertakes to offer such items without exception at company-approved prices. Agency Address: [Agency.Address] County: [Agency.County] The travel agency undertakes to make a current ledger available to the company each month with all bookings or visits to the agency. After the termination, the travel agency undertakes to return all real estate made available by the company in the state in which it was received. PandaTip: Use the fields below to sign the final version of this model. The travel agency receives commissions equal to [Coommission.Percentage] % of gross revenue. Bills for commissions are set monthly and paid by the company 30 net. The tour operator herein acknowledges that it may be aware of information that the company may consider confidential, including, but not limited to: the travel agency will not copy or duplicate any material provided by the company, unless prior authorization.

The following individuals have been approved by the company as a third party and are treated as such by the travel agency. The travel agency undertakes to report all sales to the company each week.