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Exclusive Agency Agreement Commission
"I need an Exclusive Agency Agreement Commission for my software company to appoint an exclusive sales agent in the Western United States, with a tiered commission structure starting at 10% for the first $100,000 in sales and increasing to 15% thereafter, commencing March 1, 2025."
1. Parties: Identifies and defines the principal and agent, including full legal names and addresses
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Details of the exclusive agency appointment and territory/product coverage
5. Commission Structure: Details of commission rates, calculation methods, and payment terms
6. Term and Termination: Duration of agreement and conditions for termination
7. Obligations of the Agent: Agent's responsibilities and performance requirements
8. Obligations of the Principal: Principal's responsibilities and support commitments
1. Non-Compete Clause: Restrictions on agent's ability to represent competitors
2. Intellectual Property Rights: Usage rights for trademarks and materials
3. Performance Targets: Specific sales or performance metrics
4. Training Requirements: Mandatory training and certification requirements
1. Schedule A - Commission Rates: Detailed breakdown of commission structures and calculations
2. Schedule B - Territory Definition: Detailed description of geographical or market coverage
3. Schedule C - Products/Services: List of products or services covered by the agreement
4. Schedule D - Performance Metrics: Detailed performance targets and measurement criteria
5. Appendix 1 - Reporting Templates: Standard forms for performance and sales reporting
Authors
Agent
Principal
Commission
Territory
Products
Services
Effective Date
Term
Net Sales
Gross Sales
Intellectual Property Rights
Confidential Information
Customer
Commission Period
Sales Target
Performance Metrics
Quarter
Year
Business Day
Force Majeure Event
Marketing Materials
Termination Date
Competing Business
Commission Payment Date
Reporting Period
Authorized Representative
Sub-Agent
Exclusivity
Territory Rights
Commission Structure
Payment Terms
Performance Requirements
Reporting Obligations
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Representations and Warranties
Term and Duration
Termination Rights
Post-Termination Obligations
Record Keeping
Marketing and Promotion
Training and Support
Indemnification
Insurance Requirements
Force Majeure
Assignment
Governing Law
Dispute Resolution
Entire Agreement
Severability
Notices
Amendment and Modification
Independent Contractor Status
Compliance with Laws
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