Middleman Commission Agreement Template for Austria

The Middleman Commission Agreement is a crucial document for businesses operating in Austria that rely on intermediaries to facilitate transactions or business relationships. This agreement type is commonly used when a company (the Principal) wishes to engage an independent party (the Middleman) to promote their products or services in return for commission-based compensation. The document ensures compliance with Austrian legal requirements, including the Austrian Civil Code (ABGB) and Commercial Code (UGB), while protecting both parties' interests. It's particularly important for businesses expanding into new markets or those requiring local expertise, as it clearly defines the scope of authority, territory, commission structure, and obligations of both parties. The agreement should be used whenever a business relationship involves commission-based intermediary services, whether in sales, business development, or market expansion activities.

1. Parties: Identification of the Principal and the Middleman, including full legal names, registration details, and addresses

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Territory', 'Commission', 'Customers'

4. Appointment and Scope: Terms of appointment of the Middleman and detailed description of authorized services

5. Territory: Geographic area or market segment where the Middleman is authorized to operate

6. Commission Structure: Detailed explanation of commission calculations, rates, and qualifying transactions

7. Payment Terms: Timeline and method of commission payments, invoicing requirements, and currency

8. Obligations of the Middleman: Duties, responsibilities, and performance standards expected from the Middleman

9. Obligations of the Principal: Support, information, and resources to be provided by the Principal

10. Reporting Requirements: Regular reporting obligations, documentation of activities, and record-keeping requirements

11. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination

12. Confidentiality: Protection of confidential information and trade secrets

13. Data Protection: Compliance with Austrian data protection laws and handling of personal data

14. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes