Business Development Agreement Template for Indonesia

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Key Requirements PROMPT example:

Business Development Agreement

"I need a Business Development Agreement for my Jakarta-based technology company to engage a business development consultant to expand our services into other Southeast Asian markets, with a focus on exclusive territory rights and performance-based compensation."

Document background
The Business Development Agreement serves as a crucial legal framework for companies seeking to expand their business operations in Indonesia. This document is essential when engaging external business development professionals or firms, or when establishing formal business development relationships between companies. It addresses key aspects such as market expansion, client acquisition, strategic partnerships, and revenue growth while ensuring compliance with Indonesian regulations, including the Investment Law (Law No. 25 of 2007) and relevant sector-specific regulations. The agreement is particularly important in the Indonesian context due to the country's unique business landscape, regulatory requirements, and the need for clear documentation of business relationships in accordance with local legal standards.
Suggested Sections

1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, business relationship, and objectives

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope: Terms of appointment and detailed scope of business development services

5. Rights and Obligations: Detailed responsibilities and rights of both parties

6. Territory and Exclusivity: Geographic scope of services and any exclusivity arrangements

7. Performance Targets: Specific business development goals, metrics, and evaluation criteria

8. Compensation and Payment Terms: Fee structure, payment schedule, and related financial terms

9. Term and Termination: Duration of agreement and conditions for termination

10. Confidentiality: Protection of confidential information and trade secrets

11. Intellectual Property Rights: Ownership and usage rights of IP created or used during the engagement

12. Representations and Warranties: Standard assurances from both parties

13. Compliance with Laws: Obligation to comply with Indonesian laws and regulations

14. Dispute Resolution: Process for resolving disputes under Indonesian law

15. General Provisions: Standard legal provisions including notices, amendments, and governing law

Optional Sections

1. Non-Competition: Restrictions on competitive activities, used when protecting market position is crucial

2. Training and Support: Details of training provided, included when significant knowledge transfer is required

3. Marketing and Promotion: Specific marketing obligations and guidelines, used when marketing is a key component

4. Insurance Requirements: Specific insurance obligations, included for high-risk activities

5. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term agreements

6. Data Protection: Specific data handling requirements, included when personal data processing is involved

7. Anti-Corruption: Detailed anti-corruption provisions, crucial for international business relationships

8. Currency and Exchange Rates: Currency provisions for international agreements

Suggested Schedules

1. Schedule 1 - Service Specifications: Detailed description of business development services and deliverables

2. Schedule 2 - Performance Metrics: Specific KPIs and measurement criteria

3. Schedule 3 - Fee Structure: Detailed breakdown of fees, commissions, and payment calculations

4. Schedule 4 - Territory Definition: Detailed description of geographic territory and any exclusions

5. Schedule 5 - Reporting Requirements: Templates and timing for required reports

6. Schedule 6 - Key Personnel: List of key personnel from both parties involved in the agreement

7. Appendix A - Compliance Procedures: Specific compliance requirements and procedures

8. Appendix B - Required Licenses: List of required licenses and permits for business activities

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

Technology

Manufacturing

Financial Services

Retail

Healthcare

Energy

Telecommunications

Agriculture

Education

Construction

Mining

Tourism

E-commerce

Professional Services

Consumer Goods

Relevant Teams

Business Development

Legal

Commercial

Sales

Strategic Planning

Operations

Compliance

Finance

Corporate Development

International Business

Partnerships

Contract Management

Relevant Roles

Business Development Manager

Chief Executive Officer

Commercial Director

Strategic Partnerships Manager

Sales Director

Market Development Manager

Country Manager

Legal Counsel

Compliance Officer

Chief Operating Officer

Business Development Representative

Regional Director

Managing Director

Vice President of Business Development

Contract 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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