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1. Parties: Identification of the principal and the purchase agent
2. Background: Context of the agreement and relationship between the parties
3. Definitions and Interpretation: Key terms used throughout the agreement and rules of interpretation
4. Appointment and Scope: Formal appointment of agent and detailed scope of agency services
5. Duration and Term: Period of the agreement, including commencement date and termination provisions
6. Agent's Authority: Extent and limitations of the agent's authority to act on behalf of the principal
7. Agent's Duties and Obligations: Specific responsibilities and standard of service required from the agent
8. Principal's Obligations: Principal's responsibilities including provision of information and cooperation
9. Fees and Payment Terms: Agency fees, commission structure, payment schedule, and expenses
10. Reporting and Documentation: Required reports, records, and documentation of purchases
11. Confidentiality: Protection of confidential information and trade secrets
12. Liability and Indemnification: Allocation of risks and responsibilities between parties
13. Termination: Grounds for termination and consequences
14. General Provisions: Standard boilerplate clauses including notices, entire agreement, governing law
1. Performance Targets: Specific KPIs and performance metrics, used when quantifiable targets are required
2. Non-Competition: Restrictions on agent's activities with competitors, used when exclusivity is important
3. Insurance: Required insurance coverage, used when handling high-value purchases or specific risks
4. Intellectual Property: IP rights and protection, used when agency involves branded goods or IP-sensitive materials
5. Data Protection: Specific data handling requirements, used when personal or sensitive data is processed
6. Force Majeure: Provisions for unforeseen circumstances, used in long-term or high-value agreements
7. Anti-Bribery and Corruption: Compliance requirements, used in international trade or public sector purchases
8. Training and Support: Requirements for agent training, used when specialized knowledge is needed
1. Schedule 1 - Services Description: Detailed description of agency services and scope
2. Schedule 2 - Fee Structure: Detailed breakdown of fees, commission rates, and payment calculations
3. Schedule 3 - Approved Suppliers: List of pre-approved suppliers or vendors if applicable
4. Schedule 4 - Reporting Templates: Standard forms and templates for required reports
5. Schedule 5 - Purchase Procedures: Step-by-step procedures for making purchases
6. Schedule 6 - Service Levels: Detailed performance metrics and service standards
7. Appendix A - Power of Attorney: Form of power of attorney if required for specific transactions
8. Appendix B - Compliance Requirements: Specific regulatory or compliance requirements
Approved Purchase
Approved Suppliers
Authority Limits
Business Day
Commission
Confidential Information
Effective Date
Force Majeure Event
Good Industry Practice
Hong Kong
Initial Term
Intellectual Property Rights
Maximum Purchase Amount
Net Purchase Price
Payment Terms
Performance Standards
Principal
Products
Purchase Order
Purchase Price
Purchase Request
Quarterly Report
Related Companies
Renewal Term
Representatives
Services
Service Fee
Specifications
Supplier
Target Market
Term
Territory
Transaction Documents
VAT
Working Hours
Authority
Scope of Services
Exclusivity
Duration
Agent Duties
Principal Obligations
Purchase Procedures
Approval Requirements
Commission and Fees
Payment Terms
Expenses
Performance Standards
Reporting
Record Keeping
Representations and Warranties
Confidentiality
Data Protection
Intellectual Property
Compliance
Anti-Bribery
Insurance
Liability
Indemnification
Force Majeure
Termination
Consequences of Termination
Non-Competition
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Variation
Third Party Rights
Manufacturing
Retail
Import/Export
Electronics
Textiles
Consumer Goods
Industrial Equipment
Raw Materials
Fashion and Apparel
Food and Beverage
Construction Materials
Medical Supplies
Automotive Parts
Technology Hardware
Procurement
Supply Chain
Legal
Operations
Commercial
Finance
Compliance
International Trade
Vendor Management
Contract Administration
Risk Management
Procurement Manager
Sourcing Director
Supply Chain Manager
Purchasing Agent
Commercial Director
Operations Manager
Chief Procurement Officer
Vendor Relations Manager
Buying Manager
Contract Manager
Legal Counsel
Business Development Manager
Import/Export Manager
Trade Compliance Officer
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