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This Agency Contract template is designed for use in the Malaysian jurisdiction, where agency relationships are primarily governed by the Contracts Act 1950 and common law principles. The document is essential when a business (principal) wishes to appoint another party (agent) to act on its behalf in specified business activities, such as sales, distribution, or representation in specific territories. An Agency Contract is particularly crucial in Malaysian business contexts where companies seek to expand their market presence through authorized representatives. The document comprehensively covers appointment terms, commission structures, territorial rights, performance metrics, and compliance requirements, while incorporating necessary safeguards to protect both parties' interests under Malaysian law.

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

2. Background: Context of the agency relationship and brief description of the parties' business activities

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope: Express appointment of the agent and detailed scope of authority granted by the principal

5. Term and Termination: Duration of the agency agreement and circumstances under which it can be terminated

6. Agent's Rights and Obligations: Detailed responsibilities of the agent, including reporting requirements and standard of performance

7. Principal's Rights and Obligations: Principal's duties, including provision of information and support to the agent

8. Commission and Payment Terms: Structure of commission, calculation method, payment terms, and expenses policy

9. Confidentiality: Obligations regarding confidential information and trade secrets

10. Non-Competition and Non-Solicitation: Restrictions on competitive activities during and after the agreement

11. Intellectual Property: Rights and restrictions regarding use of trademarks, logos, and other IP

12. Indemnification: Mutual indemnification provisions for losses arising from the agreement

13. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including notices, entire agreement, and amendments