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1. Parties: Identification of the principal and the broker, including their full legal names, registration numbers, and addresses
2. Background: Context of the agreement, including the broker's licensing status and the nature of services to be provided
3. Definitions: Key terms used throughout the agreement, including 'Commission', 'Transaction', 'Client', 'Territory', and other relevant terms
4. Appointment and Scope: Terms of the broker's appointment, including exclusivity/non-exclusivity and geographical scope
5. Broker's Obligations: Detailed responsibilities of the broker, including compliance with relevant regulations and professional standards
6. Principal's Obligations: Responsibilities of the principal, including providing necessary information and cooperation
7. Commission Structure: Detailed explanation of commission rates, calculation methods, and qualifying transactions
8. Payment Terms: Timing and method of commission payments, including invoicing requirements and payment deadlines
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Confidentiality: Obligations regarding confidential information and trade secrets
11. General Provisions: Standard contractual clauses including governing law, notices, and entire agreement
1. Non-Compete: Restrictions on broker's ability to work with competitors, used when dealing with sensitive markets or exclusive arrangements
2. Tail Period: Provisions for commissions on transactions completed after agreement termination, used for complex or long-term deals
3. Sub-Agents: Terms governing the appointment and management of sub-agents, needed when sub-brokerage is permitted
4. Performance Targets: Specific performance metrics and consequences, used in performance-based arrangements
5. International Transactions: Special provisions for cross-border deals, needed when operating internationally
6. Force Majeure: Provisions for unforeseen circumstances affecting performance, particularly relevant in volatile markets
7. Dispute Resolution: Specific procedures for handling disputes, recommended for high-value arrangements
1. Schedule 1 - Commission Rates: Detailed breakdown of commission rates for different types of transactions or services
2. Schedule 2 - Territory Definition: Specific geographical areas or market segments covered by the agreement
3. Schedule 3 - Reporting Requirements: Templates and procedures for regular reporting of activities and transactions
4. Schedule 4 - Compliance Requirements: Specific regulatory requirements and compliance procedures
5. Appendix A - Standard Operating Procedures: Detailed procedures for carrying out brokerage activities
6. Appendix B - Required Documentation: List of documents required for commission claims and verification
Applicable Laws
Broker
Brokerage Services
Business Day
Client
Commission
Commission Period
Confidential Information
Effective Date
Eligible Transaction
Estate Agents Ordinance
Force Majeure Event
Gross Commission
Intellectual Property Rights
Net Commission
Notice
Parties
Principal
Products
Qualifying Transaction
Related Company
Services
Sub-Agent
Tail Period
Term
Territory
Transaction
Transaction Value
Working Hours
Scope of Services
Exclusivity
Commission
Payment Terms
Performance Standards
Broker Obligations
Principal Obligations
Compliance
Licensing
Representations and Warranties
Record Keeping
Reporting
Confidentiality
Data Protection
Intellectual Property
Non-Compete
Non-Solicitation
Term
Termination
Force Majeure
Indemnification
Limitation of Liability
Insurance
Assignment
Sub-Contracting
Notice
Amendment
Waiver
Severability
Entire Agreement
Governing Law
Dispute Resolution
Third Party Rights
Survival
Real Estate
Financial Services
Insurance
Securities Trading
Commodities Trading
Import/Export
Shipping
Business Consulting
Merger & Acquisition
Private Equity
Commercial Property
Investment Banking
Legal
Finance
Compliance
Sales
Business Development
Operations
Risk Management
Procurement
Broker Relations
Contract Administration
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Compliance Officer
Business Development Manager
Sales Director
Commission Administrator
Broker Relations Manager
Contract Manager
Finance Manager
Procurement Manager
Operations Director
Risk Manager
Regional Sales Manager
Agency Manager
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