[Consultation] Points to Note When Drafting Standard Entry Contracts

Law firm Veat undertook a legal review of the entry agreement based on a request from A, a company operating a communication sales agency.

A requested a review of a standard agreement that it could use when entering into an entry agreement with a seller it wanted to enter into a store with.

Law firm Veat reviewed the entry agreement, considering that A, operating a communication sales agency, was a party to the sale under the Electronic Commerce Act, and added provisions regarding liability and obligations for a communication sales agency.

Generally, when drafting an entry agreement, it is necessary to clearly outline the roles and responsibilities of a company operating a communication sales agency and a sales agency. For example, liability clauses regarding problems arising from sales by a sales agency and obligations that a sales agency must comply with should be reflected in the agreement. It is recommended to seek professional advice from a lawyer, especially in cases involving disputes between a sales agency and consumers purchasing products.

If it is difficult to reflect liability clauses, compensation clauses, and penalty clauses in the entry agreement, we recommend seeking professional advice from a lawyer.

Please contact Law firm Veat if you need assistance with drafting and executing an entry agreement.

Thank you.

Law firm Veat.