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1. Parties: Identification and details of all partners entering into the agreement
2. Background: Context of the partnership formation and commission arrangement
3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpretation
4. Partnership Structure: Legal structure of the partnership and roles of partners
5. Commission Structure: Detailed explanation of commission calculations, rates, and payment terms
6. Term and Commencement: Duration of the partnership and effective date
7. Partner Obligations: Core responsibilities and duties of each partner
8. Financial Management: Handle of finances, banking, accounting, and record-keeping requirements
9. Decision Making: Process for partnership decisions and voting rights
10. Intellectual Property: Ownership and use of partnership IP and brand assets
11. Confidentiality: Protection of partnership and client confidential information
12. Termination: Circumstances and process for ending the partnership
13. Dispute Resolution: Process for resolving conflicts between partners
14. General Provisions: Standard legal clauses including governing law, notices, and amendments
1. Non-Compete: Restrictions on competing activities during and after partnership - include when partners may compete in same industry
2. Marketing and Branding: Guidelines for marketing activities and brand usage - include for customer-facing businesses
3. Insurance: Required insurance coverage - include for high-risk industries or significant assets
4. Good Faith and Fair Dealing: Additional ethical obligations - include for complex or high-value partnerships
5. Force Majeure: Provisions for unforeseen circumstances - include when business continuity is critical
6. Assignment and Succession: Rules for transferring partnership interests - include when continuation planning is important
7. International Operations: Guidelines for international business - include for cross-border operations
1. Schedule 1 - Commission Rates: Detailed breakdown of commission percentages and calculation methods
2. Schedule 2 - Territory Allocation: Geographic or market segments assigned to each partner
3. Schedule 3 - Performance Targets: Specific revenue or performance goals tied to commission structures
4. Schedule 4 - Operating Procedures: Detailed day-to-day operational procedures and protocols
5. Schedule 5 - Partner Contact Details: Complete contact information and notice details for all partners
6. Schedule 6 - Asset Register: List of partnership assets and their allocation
7. Appendix A - Required Forms: Standard forms used in partnership operations
8. Appendix B - Compliance Checklist: Regulatory and internal compliance requirements
Real Estate
Financial Services
Insurance
Professional Services
Retail
Sales and Distribution
Marketing and Advertising
Business Consulting
Technology Sales
Manufacturing Distribution
Import/Export
Recruitment
Automotive Sales
Legal
Commercial
Sales
Business Development
Partnerships
Operations
Compliance
Finance
Executive Leadership
Distribution
Channel Management
Professional Services
Business Development Manager
Sales Director
Managing Partner
Commercial Director
Partnership Manager
Channel Manager
Sales Agent
Business Owner
Chief Executive Officer
Chief Commercial Officer
Regional Sales Manager
Distribution Manager
Professional Services Partner
Operations Director
Legal Counsel
Compliance Manager
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