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1. Parties: Identification of the broker and the client, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, including the broker's qualifications and client's requirements
3. Definitions: Key terms used throughout the agreement, including technical and regulatory terminology
4. Appointment and Scope of Services: Formal appointment of the broker and detailed description of services to be provided
5. Broker's Obligations: Detailed responsibilities of the broker, including regulatory compliance and service standards
6. Client's Obligations: Client's responsibilities, including information provision and cooperation requirements
7. Compensation and Payment Terms: Commission structure, payment schedule, and other financial arrangements
8. Regulatory Compliance: Compliance with Nigerian laws, SEC regulations, and other applicable regulatory requirements
9. Confidentiality: Protection of confidential information and trade secrets
10. Term and Termination: Duration of the agreement and conditions for termination
11. Liability and Indemnification: Limitation of liability and mutual indemnification provisions
12. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law
13. General Provisions: Standard clauses including notices, amendments, and severability
1. Exclusivity: Terms of exclusive representation, used when the broker has exclusive rights
2. Sub-brokers: Provisions for engaging sub-brokers or agents, when applicable
3. Insurance Requirements: Specific insurance coverage requirements, particularly important for high-value transactions
4. Performance Metrics: Specific performance standards and evaluation criteria, used in performance-based arrangements
5. Digital Services: Terms regarding online platforms and digital tools, when relevant
6. International Transactions: Additional provisions for cross-border dealings
7. Client Funds Handling: Specific provisions for managing client funds, particularly relevant for financial brokers
8. Marketing and Promotion: Terms regarding the broker's marketing activities, when relevant
1. Schedule A - Service Fee Structure: Detailed breakdown of all fees, commissions, and payment terms
2. Schedule B - Scope of Services: Comprehensive list of services and deliverables
3. Schedule C - Compliance Requirements: Specific regulatory requirements and compliance procedures
4. Schedule D - Required Documentation: List of documents required from both parties
5. Appendix 1 - Broker Qualifications: Broker's licenses, certifications, and qualifications
6. Appendix 2 - Standard Operating Procedures: Detailed procedures for service delivery
7. Appendix 3 - Reporting Templates: Standard forms and templates for regular reporting
8. Appendix 4 - Contact Information: Key contacts and escalation matrix for both parties
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