Chapter VI: Managing agents.

Natural or legal persons who manage a business or a craft business in return for payment of a commission proportional to sales are referred to as “agent-managers” when the contract concluded with the principal, on whose behalf, or as part of a network, they manage the business, who remains the owner and bears the risks associated with its operation, sets them a mission, leaving them free, within the framework thus…

Before signing the contract, the principal shall provide the managing agent with all the information required for its mission, as defined by decree, to enable it to make a commitment with full knowledge of the facts.

A framework agreement concluded between the principal and the managing agents to whom it is bound by a contract, or their representatives, sets in particular the amount of the minimum commission guaranteed in all managing-agent contracts concluded by the said principal. This minimum commission takes into account the size of the establishment and the way in which it is operated. In the absence of an agreement, the Minister responsible for…

The contract binding the principal and the managing agent may be terminated at any time under the conditions set by the parties. However, in the event of termination of the contract by the principal, except in the event of gross negligence on the part of the manager-agent, the principal shall pay the manager-agent compensation equal, unless more favourable conditions are agreed by the parties, to the amount of commissions earned,…