Non Exclusive Broker Agreement Template for Germany

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Key Requirements PROMPT example:

Non Exclusive Broker Agreement

I need a Non-Exclusive Broker Agreement under German law for our Munich-based real estate company, allowing multiple brokers to market our luxury residential properties internationally, with a commission structure of 3% and compliance with EU cross-border transaction requirements.

Document background
This Non-Exclusive Broker Agreement is designed for use in the German market where a company (principal) wishes to engage a broker's services while maintaining the flexibility to work with multiple brokers simultaneously. The document is structured to comply with German legal requirements, particularly the provisions of the German Civil Code (BGB) regarding brokerage contracts (Maklervertrag) and the German Commercial Code (HGB) for commercial brokers (Handelsmakler). It is particularly suitable for businesses expanding their distribution channels or seeking to engage professional intermediaries without granting exclusive rights. The agreement includes essential provisions for commission structures, performance expectations, and regulatory compliance, while incorporating necessary data protection and privacy requirements under German law. This type of agreement is commonly used in various sectors where intermediary services are valuable but exclusivity is not desired or practical.
Suggested Sections

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 parties' intentions

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

4. Appointment and Scope: Clear statement of the non-exclusive nature of the appointment and detailed description of the broker's services

5. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination

6. Broker's Rights and Obligations: Detailed responsibilities of the broker, including reporting requirements and professional standards

7. Principal's Rights and Obligations: Principal's commitments, including information provision and cooperation requirements

8. Commission Structure: Detailed explanation of commission calculations, payment terms, and conditions for commission eligibility

9. Non-Exclusivity Provisions: Explicit terms regarding the non-exclusive nature and the right to engage other brokers

10. Confidentiality: Obligations regarding confidential information and trade secrets

11. Data Protection: GDPR compliance provisions and data handling requirements

12. Liability and Indemnification: Limitation of liability and indemnification obligations of both parties

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

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

Optional Sections

1. Marketing and Branding: Guidelines for using principal's branding and marketing materials, needed when broker will be conducting marketing activities

2. Training and Support: Details of training and support provided by the principal, relevant when complex products or services are involved

3. Performance Targets: Specific performance metrics and incentives, useful for performance-based relationships

4. Sub-Brokers: Terms governing the appointment of sub-brokers, needed when sub-broking is permitted

5. Insurance Requirements: Specific insurance coverage requirements, important for high-value transactions or regulated sectors

6. Compliance with Industry Regulations: Specific regulatory compliance requirements, necessary for regulated industries

7. Post-Termination Obligations: Specific obligations surviving termination, important for complex ongoing relationships

Suggested Schedules

1. Schedule 1 - Commission Rates: Detailed breakdown of commission rates for different types of transactions or services

2. Schedule 2 - Territory Definition: Detailed description of geographical or market segment coverage

3. Schedule 3 - Service Level Requirements: Specific performance standards and service level expectations

4. Schedule 4 - Reporting Templates: Standard formats for regular reporting and commission calculations

5. Schedule 5 - Compliance Checklist: Required compliance documentation and procedures

6. Appendix A - Contact Details: Key contact information for both parties

7. Appendix B - Required Documentation: List of required licenses, certifications, and regulatory documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Financial Services

Insurance

Commercial Trading

Industrial Equipment

Commodities

Technology and Software

Business Services

Manufacturing

Import/Export

Relevant Teams

Legal

Sales

Business Development

Compliance

Commercial Operations

Partner Relations

Contract Administration

Revenue Operations

Business Operations

Relevant Roles

Business Development Manager

Sales Director

Channel Manager

Legal Counsel

Compliance Officer

Commercial Director

Chief Revenue Officer

Partnership Manager

Broker Relations Manager

Business Operations Manager

Contract Manager

Regional Sales Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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