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Commission Agent Agreement
"I need a Commission Agent Agreement for my software company to appoint sales agents across New Zealand and Australia, with a 15% commission structure and the ability to appoint sub-agents, starting from March 2025."
1. Parties: Identifies the principal and the commission agent, including full legal names and addresses
2. Background: Outlines the context of the agreement, including the principal's business and desire to appoint an agent
3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation rules
4. Appointment and Scope: Details the appointment of the agent, territory coverage, and whether the appointment is exclusive or non-exclusive
5. Agent's Rights and Obligations: Specifies the agent's duties, responsibilities, and authorized activities
6. Principal's Rights and Obligations: Outlines the principal's responsibilities, including support and information provision to the agent
7. Commission Structure: Details commission rates, calculation methods, and payment terms
8. Reporting and Accounting: Specifies reporting requirements, record-keeping obligations, and audit rights
9. Intellectual Property: Covers usage rights for trademarks, logos, and other IP during the agency
10. Confidentiality: Protects confidential information of both parties
11. Term and Termination: Specifies agreement duration, renewal terms, and termination provisions
12. Post-Termination: Addresses obligations and rights after agreement termination
13. General Provisions: Contains standard clauses including governing law, dispute resolution, and notices
1. Performance Targets: Include when specific sales or performance targets are required for the agent
2. Sub-Agents: Include when the agent is permitted to appoint sub-agents
3. Insurance: Include when specific insurance requirements are needed for the agent's activities
4. Non-Compete: Include when restricting the agent from representing competing products/services
5. Training Requirements: Include when specific training or certification is required for the agent
6. Marketing and Promotion: Include when the agent has specific marketing responsibilities or restrictions
7. Data Protection: Include when the agent will handle significant customer personal data
8. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
1. Commission Rates Schedule: Detailed breakdown of commission rates for different products/services
2. Territory Description: Detailed description of the geographical or customer territory assigned to the agent
3. Approved Products/Services: List of products or services the agent is authorized to sell
4. Reporting Templates: Standard forms for regular reporting requirements
5. Performance Metrics: Detailed KPIs and measurement criteria if applicable
6. Operating Procedures: Standard operating procedures and compliance requirements
7. Authorized Use of IP: Guidelines for use of principal's intellectual property
Authors
Retail
Real Estate
Insurance
Financial Services
Manufacturing
Technology
Telecommunications
Professional Services
Export/Import
Consumer Goods
Automotive
Healthcare
Agriculture
Construction
Legal
Sales
Commercial
Business Development
Compliance
Finance
Operations
Channel Management
Contract Administration
Sales Director
Business Development Manager
Commercial Director
Legal Counsel
Contracts Manager
Sales Operations Manager
Channel Manager
Agency Relations Manager
Compliance Officer
Chief Commercial Officer
Regional Sales Manager
Commission Agent
Independent Sales Representative
Territory Manager
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