Middleman Commission Agreement for Malta
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Middleman Commission Agreement
"I need a Middleman Commission Agreement under Maltese law for my technology distribution company, where we'll appoint an agent to sell our software products in Southern Europe with a 15% commission structure and quarterly performance targets."
Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Parties: Identification of the Principal and the Middleman with full legal names and registered addresses
2. Background: Context of the agreement, brief description of the Principal's business and the purpose of engaging the Middleman
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Appointment and Scope: Terms of the Middleman's appointment, including exclusivity status and territorial scope
5. Middleman's Duties and Responsibilities: Detailed description of services to be provided and standard of performance required
6. Principal's Obligations: Principal's responsibilities including providing necessary information and support
7. Commission Structure: Detailed explanation of commission rates, calculation methods, and qualifying transactions
8. Payment Terms: Commission payment schedule, currency, payment methods, and handling of expenses
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Confidentiality: Obligations regarding confidential information and trade secrets
11. Data Protection: GDPR compliance and data handling requirements
12. Non-Competition and Non-Solicitation: Restrictions on competitive activities during and after the agreement
13. Representations and Warranties: Standard warranties about capacity to contract and service delivery
14. Liability and Indemnification: Limitation of liability and mutual indemnification provisions
15. General Provisions: Standard boilerplate clauses including notices, amendment process, and governing law
1. Performance Targets: Specific sales or performance targets, used when the principal wants to set minimum performance requirements
2. Training and Support: Details of training provided by the principal, included when specific product knowledge or skills are required
3. Marketing and Promotion: Guidelines for marketing activities, included when the middleman will conduct promotional activities
4. Intellectual Property Rights: IP usage terms, included when the middleman needs to use principal's trademarks or materials
5. Insurance Requirements: Specific insurance coverage requirements, included for high-value or high-risk transactions
6. Compliance with Anti-Bribery Laws: Specific anti-corruption provisions, included when dealing with public sector or high-risk markets
7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term or international agreements
8. Dispute Resolution: Specific dispute resolution procedures, included when alternative dispute resolution is preferred
1. Commission Rates Schedule: Detailed breakdown of commission rates for different products/services or transaction types
2. Territory Definition: Detailed description or map of the geographical territory covered by the agreement
3. Product/Service List: Comprehensive list of products or services covered by the agreement
4. Reporting Templates: Standard forms for activity reporting and commission calculations
5. KPI Metrics: Detailed performance indicators and measurement criteria
6. Compliance Procedures: Step-by-step procedures for regulatory compliance and reporting
7. Contact Details: List of key contacts and escalation procedures for both parties
Authors
Principal
Middleman
Commission
Services
Territory
Customers
Qualifying Transaction
Confidential Information
Intellectual Property Rights
Business Day
Commencement Date
Commission Period
Effective Date
Force Majeure Event
Good Industry Practice
Group
Notification
Performance Targets
Products
Quarter
Records
Related Person
Reports
Sales Target
Term
Termination Date
Trade Secrets
Transaction
Year
Net Sales
Commission Rate
Payment Date
Personal Data
Applicable Laws
Competing Business
Gross Margin
Introduction
Lead
Marketing Materials
Operating Procedures
Performance Metrics
Prospect
Sub-Agent
Success Fee
Target Market
Working Hours
Scope of Authority
Territory
Exclusivity
Commission
Payment Terms
Performance Obligations
Principal's Obligations
Reporting Requirements
Confidentiality
Non-Competition
Non-Solicitation
Data Protection
Intellectual Property
Representations and Warranties
Indemnification
Limitation of Liability
Term
Termination
Force Majeure
Assignment
Amendments
Notices
Severability
Entire Agreement
Governing Law
Dispute Resolution
Compliance with Laws
Record Keeping
Audit Rights
Insurance
Marketing and Promotion
Training and Support
Sub-Contracting
Relationship of Parties
Good Faith
Survival
Costs and Expenses
Third Party Rights
Anti-Bribery and Corruption
Time of the Essence
Real Estate
Financial Services
Insurance
Import/Export
Retail and Distribution
Manufacturing
Technology and Software
Professional Services
Tourism and Hospitality
Shipping and Logistics
Commodities Trading
Business Consulting
Legal
Sales
Business Development
Finance
Operations
Compliance
Commercial
Procurement
Contract Administration
Account Management
Business Development Manager
Sales Director
Commercial Director
Legal Counsel
Compliance Officer
Finance Manager
Operations Manager
Contract Administrator
Sales Agent
Business Agent
Broker
Account Manager
Channel Partner Manager
Chief Commercial Officer
Procurement Manager
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