Commercial Agency Agreement — Long Form (Distributor Side)
A long-form, distributor-favorable Commercial Agency Agreement that authorizes an agent to act for you within defined limits, and makes those limits binding on third parties.
Built for a deal important enough that the back-half provisions will actually be read. The complete protective provision set for a transaction where the downside justifies negotiating every term.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one agent. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
1 to 2 weeks from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$4,550 is $325/hour × 14 hours — the time this deliverable takes in an ordinary distribution matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $4,550 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
The business terms you have agreed so far, the counterparty and which side of the deal you are on, any existing draft, term sheet, or prior agreement, and your risk tolerance on the provisions that matter most to you. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
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Other Distribution work MC Law prepares on a flat fee.
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A Managing General Agent and Program Administrator Agreement, drafted for your facts, that delegates underwriting authority with guidelines, audit rights, and claims handling responsibilities.
Commercial Agency Agreement — Negotiation and Closing (Distributor Side)
Drafting and negotiation of a Commercial Agency Agreement on behalf of the distributor, through to signature.
Commercial Agency Agreement — Negotiation and Closing (Principal Side)
Full principal-side negotiation of a Commercial Agency Agreement, the document that authorizes an agent to act for you within defined limits, and makes those limits binding on third parties, from first draft to closing.