The Exclusive Agency Agreement for in Franklin is a legal document that formalizes the relationship between a Company and an Agent, appointing the Agent as the exclusive representative for designated purposes. Key features of this agreement include outlining the duties of the Agent, specifying compensation structures, and detailing reimbursement for expenses incurred during the execution of duties. The form clarifies that the Agent operates as an independent contractor and is not authorized to bind the Company without prior consent. Additionally, it covers terms of renewal, modification processes, and stipulates that the prevailing party in any disputes may recover attorney fees. This agreement is particularly beneficial for legal professionals, such as Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants, as it provides a clear framework for establishing agency relationships while ensuring compliance with governing laws. Users can fill out specific sections relevant to their unique business agreements, making it a versatile tool for various transactional scenarios.