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Commission Fee Agreement
"I need a Commission Fee Agreement for appointing a sales agent in Jakarta to sell our technology products, with a 10% commission structure and quarterly performance targets, starting March 2025."
1. Parties: Identification of the principal and agent/commissioner, including their complete legal names, registration numbers, and addresses
2. Background: Context of the agreement, business relationship, and purpose of the commission arrangement
3. Definitions: Key terms used throughout the agreement, including 'Commission', 'Services', 'Territory', and 'Customers'
4. Appointment and Scope: Terms of appointment, exclusivity/non-exclusivity, and detailed scope of services
5. Commission Structure: Base commission rates, calculation methods, and qualifying transactions
6. Payment Terms: Commission payment schedule, currency, payment methods, and bank details
7. Obligations of Principal: Principal's responsibilities, including providing necessary information and support
8. Obligations of Agent: Agent's duties, performance standards, and reporting requirements
9. Term and Termination: Duration of agreement, renewal terms, and termination conditions
10. Confidentiality: Protection of confidential information and trade secrets
11. Compliance: Compliance with laws, anti-corruption provisions, and regulatory requirements
12. Governing Law and Dispute Resolution: Choice of Indonesian law and dispute resolution mechanisms
13. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Non-Competition: Restrictions on agent's activities with competitors, used when protecting market share is crucial
2. Intellectual Property: IP rights and usage terms, included when brand names or proprietary information is involved
3. Performance Targets: Specific sales or performance goals, included when commission is tied to performance metrics
4. Training and Support: Details of training provided by principal, included for complex products or services
5. Insurance: Insurance requirements for agent, included when services involve significant risks
6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in uncertain market conditions
7. Data Protection: Data handling requirements, included when personal or sensitive data is processed
8. Marketing and Branding: Guidelines for marketing activities, included when agent represents principal's brand
1. Schedule 1: Commission Rates: Detailed breakdown of commission rates, including any tiered structures or special rates
2. Schedule 2: Territory: Detailed description of geographical areas or market segments covered
3. Schedule 3: Products/Services: List of products or services covered by the agreement
4. Schedule 4: Performance Metrics: Detailed KPIs and measurement criteria
5. Schedule 5: Reporting Templates: Standard forms for periodic reporting and commission calculations
6. Appendix A: Bank Details: Banking information for commission payments
7. Appendix B: Contact Details: Key contact persons and communication protocols
Authors
Agent
Applicable Law
Business Day
Commission
Commission Period
Confidential Information
Customer
Effective Date
Eligible Transaction
Force Majeure
Gross Sales
Intellectual Property Rights
Net Sales
Payment Date
Performance Targets
Principal
Products
Qualified Lead
Representatives
Services
Target Market
Term
Territory
Trade Secrets
Transaction
Working Hours
Year
Indonesian Rupiah
Success Fee
Base Commission
Additional Commission
Performance Bonus
Sales Report
Commission Statement
Payment Currency
Qualifying Revenue
Customer Contract
Commission Rate
Reporting Period
Related Entity
Intellectual Property
Material Breach
Competing Business
Termination Date
Good Industry Practice
Agency Scope
Commission Structure
Payment Terms
Territory Rights
Performance Requirements
Reporting Obligations
Confidentiality
Non-Competition
Term and Duration
Termination
Force Majeure
Intellectual Property
Representations and Warranties
Indemnification
Insurance
Compliance with Laws
Anti-Corruption
Data Protection
Notice Requirements
Assignment
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Waiver
Third Party Rights
Language Requirements
Tax Compliance
Record Keeping
Audit Rights
Marketing Rights
Training Requirements
Customer Relationship
Exclusivity
Sales Targets
Commission Calculation
Payment Currency
Bank Details
Performance Review
Relationship of Parties
Sub-Contracting
Good Faith
Survival
Retail
Real Estate
Financial Services
Insurance
Manufacturing
Technology
Consumer Goods
Professional Services
Telecommunications
Export/Import
Automotive
Healthcare
Construction
Energy
Legal
Sales
Business Development
Finance
Compliance
Commercial Operations
Revenue Operations
Partnerships
Contract Administration
Tax
Sales Director
Business Development Manager
Commercial Director
Chief Revenue Officer
Sales Operations Manager
Channel Manager
Agency Relations Manager
Legal Counsel
Compliance Officer
Finance Director
Contract Manager
Regional Sales Manager
Commission Administrator
Chief Financial Officer
Head of Partnerships
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