An agency agreement template is a document signed by a company for another company that has been hired to work on their behalf. The company issuing the agency agreement would be the principal and the other would be referred to as the agent company. These agreements hold legitimate value since both the companies are associated with each other legally and the agency agreement could be a part of their corporate documentation. Agency agreements are issued when a company gives its legal rights to another company or an individual to work for them as their agent. The fundamental principle for signing…