This Broker Agreement template is designed for use under German law, specifically complying with the German Civil Code (BGB) and Commercial Code (HGB). It serves as a fundamental document for establishing commercial relationships between brokers and their principals across various industries. The agreement comprehensively covers essential aspects such as service scope, commission structures, regulatory compliance, and risk allocation. It's particularly relevant for businesses engaging intermediaries for commercial transactions, real estate dealings, financial services, or other brokerage activities in the German market. The document includes mandatory provisions required by German law while allowing flexibility for industry-specific requirements and commercial terms. This Broker Agreement template should be customized based on the specific type of brokerage services being provided and the particular requirements of the principal and broker.

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

2. Background: Context of the agreement and brief description of the broker's business and principal's requirements

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

4. Appointment and Scope: Terms of broker's appointment and detailed description of brokerage services to be provided

5. Broker's Obligations: Detailed responsibilities of the broker, including compliance with laws, reporting requirements, and standard of service

6. Principal's Obligations: Responsibilities of the principal, including providing necessary information and cooperation

7. Commission Structure: Detailed terms of broker's compensation, including calculation methods and payment conditions

8. Payment Terms: Timing and method of commission payments, invoicing requirements, and handling of expenses

9. Compliance: Obligations regarding regulatory compliance, licenses, and permits required under German law

10. Confidentiality: Protection of confidential information and trade secrets

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

12. Liability and Indemnification: Limitations of liability and indemnification obligations

13. Governing Law and Jurisdiction: Specification of German law application and jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments