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Commission Share Agreement
"I need a Commission Share Agreement under Indonesian law for my technology company to engage local sales representatives who will sell our software products in Jakarta, with a tiered commission structure starting from March 2025."
1. Parties: Identification of all parties to the agreement, including their legal status and registered addresses
2. Background: Context of the agreement and the business relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Scope: Details of the appointment and the scope of services/activities covered by the commission arrangement
5. Commission Structure: Detailed explanation of how commission is calculated, including rates and basis
6. Payment Terms: Terms and conditions for commission payments, including currency, payment method, and timing
7. Obligations of the Parties: Specific duties and responsibilities of each party under the agreement
8. Term and Duration: Period of the agreement, including start date and any renewal provisions
9. Reporting and Audit Rights: Requirements for financial reporting and rights to audit commission calculations
10. Confidentiality: Provisions protecting confidential information shared during the course of the agreement
11. Termination: Circumstances under which the agreement can be terminated and the process for termination
12. Governing Law and Dispute Resolution: Specification of Indonesian law as governing law and dispute resolution procedures
13. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Intellectual Property Rights: Required when the commission arrangement involves the use or creation of intellectual property
2. Non-Competition: Include when parties wish to restrict competitive activities during and after the agreement
3. Force Majeure: Important when parties want specific provisions for unforeseeable circumstances
4. Data Protection: Required when personal data processing is involved in the commission arrangement
5. Insurance: Include when specific insurance requirements need to be maintained by either party
6. Currency Exchange Provisions: Required for international agreements where currency conversion is relevant
7. Anti-Corruption Compliance: Important when dealing with international parties or government-related transactions
8. Change of Control: Include when parties want specific provisions regarding ownership changes
1. Commission Rates Schedule: Detailed breakdown of commission rates, tiers, and calculation methods
2. Product or Service Schedule: List of products or services covered by the commission arrangement
3. Territory Schedule: Definition of geographical areas covered by the agreement, if applicable
4. Reporting Template: Standard format for regular commission reports and calculations
5. Key Performance Indicators: Metrics and targets that may affect commission rates or payments
6. Compliance Requirements: Specific regulatory or compliance requirements under Indonesian law
7. Bank Account Details: Designated bank accounts for commission payments
Authors
Applicable Law
Business Day
Commission
Commission Period
Commission Rate
Confidential Information
Effective Date
Force Majeure Event
Gross Revenue
Indonesian Rupiah
Intellectual Property Rights
Net Sales
Payment Date
Performance Metrics
Principal
Products
Quarterly Report
Representatives
Sales Territory
Services
Target Market
Term
Termination Date
Transaction
Working Hours
Commission Base
Customer
Sales Report
Commission Statement
Qualifying Revenue
Minimum Performance Threshold
Commission Payment
Bank Account
Business Opportunities
Competing Business
Dispute
Good Industry Practice
Material Breach
Notice
Commission Structure
Payment Terms
Currency
Calculation Method
Performance Obligations
Reporting Requirements
Audit Rights
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Term and Duration
Termination
Force Majeure
Representations and Warranties
Indemnification
Insurance
Compliance with Laws
Anti-Corruption
Data Protection
Record Keeping
Notice
Assignment
Amendments
Severability
Entire Agreement
Governing Law
Dispute Resolution
Language
Tax Obligations
Bank Account Designation
Exclusivity
Territory Rights
Performance Reviews
Good Faith
Retail
Real Estate
Financial Services
Insurance
Technology
Manufacturing
Pharmaceuticals
Telecommunications
Professional Services
Import/Export
Consumer Goods
Industrial Products
Travel and Tourism
Automotive
Legal
Sales
Business Development
Finance
Compliance
Commercial
Operations
Marketing
Procurement
Partnership Management
Account Management
Sales Director
Business Development Manager
Commercial Director
Legal Counsel
Compliance Officer
Finance Manager
Sales Representative
Channel Manager
Partnership Manager
Account Executive
Marketing Director
Regional Sales Manager
Chief Commercial Officer
Procurement Manager
Contract Administrator
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