Broker Agreement Commission for Malta
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Broker Agreement Commission
"I need a Broker Agreement Commission for our Malta-based financial services firm to engage multiple brokers for introducing investment clients, including a tiered commission structure and compliance with MiFID II, to be effective from March 2025."
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1. Parties: Identification of the principal and broker, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, nature of the principal's business, and broker's expertise
3. Definitions: Definitions of key terms used throughout the agreement, including 'Services', 'Commission', 'Successful Transaction', etc.
4. Appointment and Scope: Formal appointment of the broker and detailed scope of brokerage services
5. Broker's Obligations: Core duties and responsibilities of the broker, including service standards and compliance requirements
6. Principal's Obligations: Principal's duties, including provision of information and cooperation requirements
7. Commission Structure: Detailed explanation of commission calculations, payment terms, and conditions for commission eligibility
8. Payment Terms: Timing of payments, invoicing procedures, and payment methods
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Confidentiality: Protection of confidential information and trade secrets
11. Data Protection: GDPR and local data protection compliance requirements
12. Governing Law and Jurisdiction: Specification of Maltese law as governing law and jurisdiction for disputes
1. Non-Compete: Restrictions on broker's ability to work with competitors, used when broker will have access to sensitive market information
2. Regulatory Compliance: Specific section for regulated activities, required when broker services fall under financial services regulations
3. Intellectual Property: Protection of IP rights, needed when broker will handle branded materials or create new IP
4. Force Majeure: Provisions for unforeseen circumstances, recommended for longer-term arrangements
5. Professional Indemnity: Insurance requirements and liability provisions, important for high-value transactions
6. Anti-Money Laundering: AML compliance requirements, necessary for financial or real estate brokerage
7. Sub-Brokers: Terms for engaging sub-brokers, used when broker may need to delegate services
8. Marketing and Promotion: Guidelines for broker's marketing activities, relevant when broker will promote principal's services
1. Commission Rates Schedule: Detailed breakdown of commission rates for different types of transactions or services
2. Service Level Agreement: Specific performance metrics and service standards
3. Compliance Documentation: Required licenses, certifications, and regulatory compliance documents
4. Territories: Geographic areas covered by the brokerage agreement
5. Approved Marketing Materials: Templates and guidelines for promotional materials
6. Reporting Templates: Standard forms for activity reports and commission calculations
7. Contact Details: Key personnel and escalation contacts for both parties
8. Product/Service List: Details of products or services covered by the brokerage arrangement
Authors
Applicable Laws
Broker
Broker Services
Business Day
Client
Commission
Confidential Information
Effective Date
Force Majeure Event
Intellectual Property Rights
Introduction
Licensed Activities
Material Breach
Minimum Performance Requirements
Notice
Payment Date
Performance Period
Principal
Products
Qualified Lead
Regulatory Authority
Relevant Transaction
Services
Successful Transaction
Term
Territory
Transaction Value
Working Hours
Commission Period
Clawback Period
Completion
Data Protection Laws
GDPR
Group Company
Key Performance Indicators
Marketing Materials
Net Commission
Pipeline Transactions
Professional Indemnity Insurance
Restricted Period
Sub-broker
Success Fee
Target Market
Scope of Services
Exclusivity
Commission
Payment Terms
Performance Requirements
Broker Obligations
Principal Obligations
Representations and Warranties
Compliance
Regulatory Requirements
Term and Duration
Termination
Confidentiality
Data Protection
Intellectual Property
Non-Compete
Non-Solicitation
Force Majeure
Insurance
Indemnification
Limitation of Liability
Record Keeping
Audit Rights
Assignment
Variation
Notices
Entire Agreement
Severability
Waiver
Third Party Rights
Anti-Bribery
Anti-Money Laundering
Marketing Rights
Service Levels
Dispute Resolution
Governing Law
Jurisdiction
Sub-Contracting
Reporting Requirements
Client Introduction
Territory Rights
Commission Clawback
Good Faith
Time of the Essence
Financial Services
Real Estate
Insurance
Investment Banking
Commercial Property
Maritime
Gaming Industry
Business Services
Mergers & Acquisitions
Corporate Finance
International Trade
Professional Services
Legal
Compliance
Finance
Business Development
Sales
Operations
Risk Management
Commercial
Partnerships
Broker Relations
Contract Management
Chief Executive Officer
Commercial Director
Business Development Manager
Legal Counsel
Compliance Officer
Finance Director
Sales Director
Broker Relations Manager
Partnership Manager
Contract Manager
Risk Manager
Operations Director
Chief Financial Officer
Commercial Agent
Business Broker
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