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Representative Form Ircc
"I need a Representative Form IRCC for appointing an exclusive agent to represent our rubber processing company in East Java, with a focus on premium grade rubber exports and including quarterly performance targets, starting from March 2025."
1. Parties: Identification of the Principal (usually the rubber producer/seller) and the appointed Representative, including full legal names, registration numbers, and addresses
2. Background: Context of the representation arrangement and brief description of the parties' business activities in the rubber trade
3. Definitions: Key terms used in the agreement, including specific rubber trading terminology and IRCC-specific terms
4. Appointment and Scope: Formal appointment of the representative and detailed scope of authority in rubber trading activities
5. Territory: Geographic area where the representative is authorized to act
6. Duration: Term of the representation, including commencement date and any renewal provisions
7. Representative's Duties: Specific responsibilities and obligations of the representative in conducting rubber trading activities
8. Principal's Obligations: Duties and commitments of the principal, including provision of information and support
9. Commission Structure: Details of compensation, including commission rates and payment terms
10. Reporting Requirements: Representative's obligations for reporting activities and transactions to the principal
11. Confidentiality: Protection of confidential information and trade secrets
12. Termination: Grounds and procedures for ending the representation relationship
13. Governing Law: Specification of Indonesian law as governing law and jurisdiction provisions
1. Non-Competition: Restrictions on representative's involvement with competing rubber businesses, used when exclusive representation is required
2. Performance Targets: Specific sales or performance goals, included when the principal wants to set measurable objectives
3. Insurance Requirements: Specific insurance coverage requirements, used for high-value representation arrangements
4. Force Majeure: Provisions for unforeseen circumstances affecting rubber trade, important in regions with political or environmental instability
5. Intellectual Property: Protection of trademarks and branding, included when the representative will use the principal's intellectual property
6. Dispute Resolution: Alternative dispute resolution procedures, recommended for international representation arrangements
7. Bank Guarantee: Requirements for bank guarantees or security deposits, used for high-value transactions or new relationships
1. Schedule A - Commission Rates: Detailed breakdown of commission structures for different types of rubber products or transaction volumes
2. Schedule B - Territory Map: Detailed map and description of the authorized territory for representation
3. Schedule C - Rubber Specifications: Technical specifications of rubber grades and qualities covered under the representation
4. Schedule D - Reporting Templates: Standard forms and formats for periodic activity reporting
5. Appendix 1 - Power of Attorney: Formal power of attorney document specifying representative's authority
6. Appendix 2 - Company Licenses: Copies of relevant trading licenses and permits
7. Appendix 3 - Standard Operating Procedures: Detailed procedures for handling rubber trade transactions
Authors
Rubber Industry
Agriculture
Commodities Trading
Manufacturing
International Trade
Agricultural Processing
Export/Import
Natural Resources
Legal
Commercial Operations
Trading
Compliance
Business Development
Sales
Contract Administration
Supply Chain
Quality Assurance
Regulatory Affairs
International Business
Commercial Director
Trading Manager
Rubber Procurement Manager
Export Manager
Legal Counsel
Compliance Officer
Business Development Manager
Sales Director
Contract Administrator
Commercial Operations Manager
Supply Chain Manager
Quality Assurance Manager
Regulatory Affairs Manager
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