An Agency Agreement May Exist For An Indefinite Period Of Time

Under Italian law, exclusivity in agency contracts is a natural element. Unless the parties expressly provide otherwise, a contracting authority may no longer appoint representatives in the same sector and in the same market segment, and a representative may not encourage the operations of competing contracting entities in the same territory and in the same sector. No no. Under the Civil Code, there are no formalities to be completed by the contracting authority when appointing a representative. The mediation relationship can be established either by a written contract or by an oral agreement. However, commercial agent contracts on commercial transactions are subject to written form. In addition, in addition to the agency contract, the contracting authority may issue the agent with a power of attorney (POA) authorising him to act on behalf of the client. Unless otherwise agreed by the parties, a temporary distribution contract may be terminated by one party only if the other party has seriously breached a material contractual obligation. In the absence of such an infringement, the termination of a fixed-term contract would be ineffective and the dismissing party would be subject to liability for an infringement with damages. . . .