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This document is essential when a company (Principal) wishes to establish a formal, exclusive commercial relationship with a broker to represent their products or services in a specific territory. The Exclusive Brokerage Contract, governed by Belgian law, is particularly crucial in situations where the Principal wants to ensure concentrated market representation through a single broker, typically to maintain market consistency, service quality, and clear accountability. The agreement comprehensively addresses territorial rights, commission structures, performance metrics, and compliance requirements, while incorporating provisions from the Belgian Civil Code and Commercial Code. It's commonly used in various commercial sectors where exclusive territory rights and structured commission arrangements are necessary, such as real estate, insurance, or industrial equipment distribution. The document includes specific provisions for data protection under GDPR, anti-money laundering compliance where applicable, and industry-specific regulatory requirements.

1. Parties: Identification of the Principal and the Broker, including full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement, brief description of the Principal's business and need for brokerage services

3. Definitions: Key terms used throughout the agreement, including 'Territory', 'Products/Services', 'Commission', 'Customers'

4. Appointment and Scope: Express appointment of the broker and detailed scope of services, including explicit statement of exclusivity

5. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination

6. Exclusivity Provisions: Detailed terms of the exclusive relationship, territorial limits, and any exceptions

7. Broker's Obligations: Detailed responsibilities, performance standards, reporting requirements, and compliance obligations

8. Principal's Obligations: Support to be provided, information sharing, and commitment to honor the exclusivity

9. Commission Structure: Detailed commission calculations, payment terms, and conditions for commission eligibility

10. Intellectual Property: Usage rights for trademarks, marketing materials, and other IP during the agreement

11. Confidentiality: Protection of confidential information exchanged during the relationship

12. Data Protection: GDPR compliance and data handling requirements

13. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction for disputes