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Sub Agency Agreement
"I need a Sub Agency Agreement for appointing an exclusive sub-agent to sell our industrial equipment in the Wallonia region of Belgium, with a performance-based commission structure and minimum sales targets starting from March 2025."
1. Parties: Identification of the Principal Agent and Sub-Agent, including full legal names, registration details, and addresses
2. Background: Context of the agreement, reference to the main agency agreement, and purpose of the sub-agency arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including Territory, Products/Services, Commission, etc.
4. Appointment and Scope: Terms of appointment, exclusivity status, and detailed scope of sub-agent's authority
5. Duration: Term of the agreement, including commencement date and any renewal provisions
6. Sub-Agent's Obligations: Detailed list of sub-agent's duties, responsibilities, and performance requirements
7. Principal Agent's Obligations: Principal agent's commitments, support, and obligations to the sub-agent
8. Commission Structure: Detailed commission calculations, payment terms, and conditions for commission eligibility
9. Reporting and Accounting: Requirements for activity reporting, financial accounting, and record-keeping
10. Intellectual Property: Protection and usage rights of trademarks, logos, and other IP
11. Confidentiality: Confidentiality obligations and handling of sensitive information
12. Non-Competition and Non-Solicitation: Restrictions on competitive activities during and after the agreement
13. Termination: Grounds for termination, notice requirements, and consequences of termination
14. Post-Termination: Obligations and rights of parties after termination, including commission entitlements
15. General Provisions: Standard clauses including notices, amendments, governing law, etc.
1. Training and Support: Detailed provisions for training and support when the sub-agent requires specific product or service knowledge
2. Performance Targets: Specific KPIs and targets when the agreement is performance-based
3. Marketing and Promotion: Guidelines for marketing activities when the sub-agent has marketing responsibilities
4. Data Protection: Detailed GDPR compliance provisions when personal data processing is involved
5. Insurance: Insurance requirements when the nature of activities requires specific coverage
6. Bank Guarantee: Requirements for bank guarantees when financial security is needed
7. Stock Handling: Provisions for stock management when the sub-agent handles physical products
8. Territory Development: Specific territory development obligations for exclusive territory arrangements
1. Territory Definition: Detailed description of the geographical area or market segment covered
2. Products/Services: Comprehensive list of products or services covered by the agreement
3. Commission Rates: Detailed commission structure, rates, and calculation methods
4. Reporting Templates: Standard forms and templates for required reports
5. Performance Metrics: Detailed KPIs and measurement criteria
6. Approved Marketing Materials: List of approved marketing materials and usage guidelines
7. Main Agency Agreement Extract: Relevant excerpts from the main agency agreement that affect the sub-agent
8. Compliance Guidelines: Specific compliance requirements and procedures
Authors
Principal Company
Principal Agent
Sub-Agent
Main Agency Agreement
Products
Services
Territory
Commencement Date
Term
Commission
Net Sales
Customers
Prospects
Business Day
Confidential Information
Intellectual Property Rights
Marketing Materials
Performance Targets
Quarter
Reporting Period
Sales Target
Trademarks
Valid Order
Working Hours
Force Majeure Event
Minimum Performance Requirements
Personnel
Related Persons
Termination Date
Trade Secrets
Applicable Law
Competing Business
Competent Authority
Good Industry Practice
Group
Principal Agent's Know-How
Records
Standard Operating Procedures
Sub-Territory
Authority
Territory
Duration
Exclusivity
Performance Obligations
Remuneration
Commission
Payment Terms
Reporting
Record Keeping
Training
Marketing
Intellectual Property
Confidentiality
Data Protection
Non-Competition
Non-Solicitation
Compliance
Representations and Warranties
Indemnification
Limitation of Liability
Insurance
Force Majeure
Assignment
Termination
Post-Termination
Governing Law
Dispute Resolution
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Waiver
Further Assurance
Costs
Counterparts
Manufacturing
Distribution
Software and Technology
Financial Services
Insurance
Real Estate
Pharmaceuticals
Consumer Goods
Industrial Equipment
Automotive
Telecommunications
Professional Services
Legal
Sales
Business Development
Compliance
Operations
Commercial
Contract Administration
Agency Management
Distribution
Account Management
Commercial Director
Sales Manager
Business Development Manager
Legal Counsel
Compliance Officer
Operations Manager
Regional Director
Channel Manager
Distribution Manager
Account Executive
Contract Manager
Agency Relations Manager
Territory Manager
Sales Director
Chief Commercial Officer
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