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1. Parties: Identification of all parties to the agreement, including their legal names, addresses, and business registration details
2. Background: Context of the agreement, including the nature of the agents' business and their desire to enter into a commission sharing arrangement
3. Definitions: Key terms used throughout the agreement, including 'Commission', 'Territory', 'Customers', 'Products/Services'
4. Commission Structure: Detailed explanation of how commissions will be calculated and the agreed-upon split between parties
5. Payment Terms: Timing and method of commission payments, including payment schedules and processing details
6. Obligations of the Parties: Specific duties and responsibilities of each party in generating and sharing commission
7. Term and Termination: Duration of the agreement and conditions for termination
8. Confidentiality: Provisions regarding the protection of confidential information shared between parties
9. Non-Solicitation: Restrictions on soliciting each other's clients or employees
10. Dispute Resolution: Process for resolving disagreements between the parties
11. Governing Law: Specification of applicable Canadian law and jurisdiction
12. General Provisions: Standard clauses including entire agreement, amendments, notices, and severability
1. Territory Restrictions: Used when the commission sharing arrangement is limited to specific geographic areas or markets
2. Product/Service Specific Terms: Included when the agreement applies to specific products or services only
3. Performance Metrics: Added when commission sharing is tied to specific performance targets or metrics
4. Training and Support: Included when one party is required to provide training or support to the other
5. Regulatory Compliance: Required for regulated industries like insurance or real estate
6. Intellectual Property: Added when the arrangement involves the use of trademarks, systems, or proprietary information
7. Data Protection: Required when significant customer data sharing is involved
8. Insurance Requirements: Added when specific insurance coverage is required for the arrangement
1. Schedule A - Commission Rates: Detailed breakdown of commission percentages and calculation methods
2. Schedule B - Territory Map: If applicable, maps or descriptions of geographic territories covered
3. Schedule C - Product/Service List: Detailed list of products or services covered by the agreement
4. Schedule D - Performance Metrics: Specific targets, metrics, and evaluation criteria if applicable
5. Schedule E - Payment Procedures: Detailed procedures for calculating, reporting, and paying commissions
6. Appendix 1 - Commission Report Template: Standard format for reporting commission earnings and calculations
7. Appendix 2 - Compliance Requirements: Industry-specific regulatory requirements and compliance procedures
Real Estate
Insurance
Financial Services
Manufacturing
Retail
Distribution
Professional Services
Technology Sales
Automotive
Pharmaceuticals
Construction
Industrial Equipment
Telecommunications
Sales
Legal
Finance
Compliance
Business Development
Operations
Contract Administration
Partner Relations
Account Management
Revenue Operations
Sales Director
Business Development Manager
Commission Agent
Real Estate Broker
Insurance Agent
Sales Representative
Regional Sales Manager
Channel Partner Manager
Business Agent
Account Executive
Sales Operations Manager
Compliance Officer
Contract Administrator
Finance Manager
Legal Counsel
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