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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 78EGrounds for excluding payment of indemnity or compensation under article 78D.

Sub-title IV

In KraftAmtlicher Text

The indemnity or compensation referred to in article 78D

shall not be payable to the commercial agent where -

(a) the principal has terminated the agency contract because of default attributable to the commercial agent which would justify immediate termination of the agency contract in accordance with article 78C; or

(b) the commercial agent has himself terminated the agency contract, unless such termination is justified -

(i) by circumstances attributable to fault of the principal, or

(ii) on grounds of the age, infirmity or illness of the commercial agent in consequence of which he cannot reasonably be required to continue his activities; or

(c) the commercial agent, with the agreement of his principal, assigns his rights and duties under the agency contract to another person.

Änderungsgeschichte
  • Amended by IX.2003.3