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Freight Broker Agreement
"Need a Freight Broker Agreement for our Singapore-based logistics company to engage with multiple international manufacturers, with specific provisions for hazardous materials transport and real-time tracking requirements."
1. Parties: Identification and details of the freight broker and client
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement including relevant legislation references
4. Services: Scope of freight broker services to be provided, including booking, coordination, and documentation
5. Compensation: Payment terms, fees, commission structure and billing procedures
6. Liability and Insurance: Risk allocation, limitation of liability and mandatory insurance requirements
7. Compliance: Obligations to comply with relevant Singapore laws, regulations and industry standards
8. Term and Termination: Duration of agreement, renewal terms and termination provisions
9. Governing Law: Application of Singapore law and jurisdiction
1. Performance Metrics: KPIs and service levels for high-volume or strategic relationships
2. Technology Integration: Terms for using broker's technology platform and data exchange systems
3. Exclusivity: Terms of exclusive arrangement when parties agree to exclusive relationship
4. Data Protection: Specific provisions for handling personal and business data under PDPA
1. Schedule 1 - Rate Card: Detailed pricing structure, rates and surcharges
2. Schedule 2 - Service Level Agreement: Detailed performance requirements and metrics
3. Schedule 3 - Insurance Requirements: Specific insurance coverage requirements and minimum coverage amounts
4. Schedule 4 - Operating Procedures: Detailed procedures for booking, documentation and operational requirements
5. Schedule 5 - Compliance Checklist: Regulatory compliance requirements and industry standards
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