Incentive Agreement Template for Indonesia

1. Non-Competition: Restrictions on competitive activities, used when incentives are tied to business development or sales

2. Intellectual Property: IP provisions, included when incentives relate to innovation or creative work

3. Tax Provisions: Detailed tax treatment of incentives, included for high-value or complex incentive structures

4. Reporting Requirements: Specific reporting obligations, used for complex performance-based incentives

5. Audit Rights: Right to audit performance metrics, included for performance-based incentives

6. Force Majeure: Provisions for unforeseen circumstances, included when external factors may affect performance metrics

7. Insurance Requirements: Insurance obligations, included when incentives relate to high-risk activities

1. Schedule 1 - Performance Metrics Calculation: Detailed methodology for calculating performance metrics

2. Schedule 2 - Incentive Payment Structure: Detailed breakdown of payment tiers and calculation formulas

3. Schedule 3 - Reporting Template: Standard format for performance reporting

4. Schedule 4 - Key Personnel: List of key personnel involved in the incentive program

5. Appendix A - Compliance Checklist: Checklist of required compliance elements

6. Appendix B - Required Notices and Forms: Standard forms and notices required under the agreement