Agency Agreement (at the back of SEAD (Repost)

Helping countrymen PLAN for their DESTINY

 Sales Agency Agreement for Memorial Plan Selling

This agency authority to sell being granted by Destiny Financial Plan Inc, with offices at ________________ herein represented by  _____________________  hereinafter named as the COMPANY

                                                             and

__________________________________of  _________________________________

email add________________________________cp # _____________________________

and with two valid IDs attached herein, hereinafter names as SELLER

 Witnesseth:

Whereas, the Company has been duly authorized by the Office of Insurance commissioner to  sell traditional memorial plans and is desirous of providing income and job opportunities to those seeking such;

Whereas the the SELLER is desirous of finding additional source of income and such selling activity is desired by the SELLER

Wherefore in consideration of the above PREMISES the COMPANY grants authority unto the seller the memorial plans authorized by the OIC for period of one year from today  ___________________

under the following terms and conditions

1.   Rank     _______________________

      Target/month/semester___________

      Sales Agency Name _________________

      Head__________________________SM, SD, RH

     Com   rate _____________________

     ORC _________________________

     Additional compensation___________

2.  No employee employer relationship.   The SELLER is not an employee of the company and cant be liable as an employer, nor are there SSS, Philhealth, SSS deductions contributions.  The WT rate of _ however shall be deducted from commissions

3. Representations:

      1. The identity address and circumstances stated above are true and correct

      2. The SELLER possesses all the qualifications and none of the disqualifications by IC and Pre Need code

      3. The SELLER has not be charged nor convicted of any crimes involving moral turpitude.

4.  Duties of Diligence Obedience and Loyalty.     The SELLER subscribes to these duties and therefore:

      1. Shall follow OIC company rules and regulations

      2. Abide by the code of conduct and ethics in selling

      3.  Observe the Code of Conduct and Discipline

      4.  Attend sales meeting conference and meeting when so required.

      5.  Join events and sales campaign when so required

      6. Shall support the products, mission vision of the COMPANY during the life of this agreement

5.  Faithfulness and honesty with regards to money matters and accountable forms and exercise of due care and diligence.

     1. The SELLER shall diligently and faithfully protect the money entrusted to him her, including the blank application forms and Official Receipts, Acknowledgement Receipts; shall not lose, misplace, abscond, lose to robbers and cheats the same while in his custody.  He shall promptly deliver, deposit, report the said amount and accountable forms within 24 hours within receipt

   2. Reports -  the SELLER shall submit hard copy reports  weekly via pouch or any convenient media weekly every Saturday afternoon, but shall make a text report to the branch and the head office daily

6. Non compete and non disclosure.    During the life of this agency, the SELLER shall not divulge to competitors the sales activities of the company or the branch nor furnish advertising materials prices, strategy moves to competitors;  nor shall the SELLER sell similar competing products for competitors.

7.  Exit provisions:

     1. The SELLER can cease terminate this agreement, after a 30 days written notice.   A no show of  60 days or more means the SELLER is no longer interested and the company shall consider without notice to the SELLER that this agency has ceased.  The COMPANY may or may not reinstate the privileges that includes his com rate should he/she desire to re enlist

    2. The COMPANY may terminate this agreement/authority to sell for any or all of the following reasons:

        1,  Condition 7.1 ie non appearance and lack of interest in the sales activity

        2.  Violation of Par 6 ie selling competitive products and disclosure of COMPANY activities to competitors

        3.  Violation of Par 5 ie money matters and accountable forms unexplained loss and destruction

       4,  Habitual non submission of reports

       5. Habitual (more than 3x) non attendance of sales meeting events;

       6.  Acts which constitute violation of the Company Code of Conduct and Discipline that requires dismissal termination of services agreement with the COMPANY

Witness our hands  this _________day of ______20 __at ____________________.

____________________________________                            _______________________________

                     Company                                                                        Seller

(To be printed at the back of SEAD)