This Introducer Agreement Commission is designed for use in Indonesia where a company wishes to formally engage an introducer to facilitate business connections and opportunities in exchange for commission-based compensation. The agreement is structured to comply with Indonesian law, particularly the Civil Code (KUH Perdata) and relevant financial services regulations. It comprehensively addresses commission calculations, payment terms, regulatory compliance requirements, and risk management measures. This document is particularly important in the Indonesian business context where formal intermediary relationships need to be clearly documented to ensure compliance with anti-corruption laws and financial services regulations.
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1. Parties: Identification of the principal company and the introducer
2. Background: Context of the agreement and general business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and detailed scope of introduction services
5. Introducer's Obligations: Key responsibilities and duties of the introducer
6. Principal's Obligations: Responsibilities of the principal company
7. Commission Structure: Basis for commission calculation and payment terms
8. Payment Terms: Details of payment process, timing, and currency
9. Compliance Requirements: Regulatory compliance obligations and requirements
10. Confidentiality: Protection of confidential information and trade secrets
11. Term and Termination: Duration of agreement and termination provisions
12. Indemnification: Mutual indemnification obligations
13. Governing Law: Application of Indonesian law and jurisdiction
14. General Provisions: Standard boilerplate clauses including notices, amendments, etc.
1. Exclusivity: Terms of exclusive arrangement if applicable
2. Performance Targets: Minimum performance requirements and consequences
3. Training and Support: Details of training and support provided by principal
4. Intellectual Property: IP rights and usage if specific branding or materials are involved
5. Anti-Money Laundering: Specific AML obligations if financial services are involved
6. Data Protection: Specific data protection obligations if handling personal data
7. Non-Competition: Non-compete provisions if required
8. Insurance: Insurance requirements if applicable to the industry
1. Schedule 1 - Commission Rates: Detailed commission structures and calculations
2. Schedule 2 - Introduction Procedures: Step-by-step process for making and recording introductions
3. Schedule 3 - Reporting Requirements: Format and frequency of activity reports
4. Schedule 4 - Approved Marketing Materials: List of approved materials and usage guidelines
5. Schedule 5 - Compliance Checklist: Regulatory compliance requirements and procedures
6. Appendix A - Introduction Form Template: Standard form for recording introductions
7. Appendix B - Commission Claim Form: Template for submitting commission claims
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