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1. Parties: Identification and details of the Principal and the Commission Agent
2. Background: Context of the arrangement and brief description of both parties' business activities
3. Definitions: Key terms used throughout the MOU
4. Appointment and Scope: Designation of the agent and detailed scope of services to be provided
5. Territory: Geographical area where the agent is authorized to operate
6. Commission Structure: Basic framework of commission calculations and payment terms
7. Rights and Obligations: Core responsibilities of both parties
8. Term and Termination: Duration of the MOU and circumstances for termination
9. Confidentiality: Protection of sensitive business information
10. Non-Binding Nature: Clear statement of MOU's non-binding nature except for specific binding clauses
11. Governing Law: Specification of Malaysian law as governing law
1. Exclusivity: Used when the agent is granted exclusive rights in the territory
2. Performance Targets: Include when specific sales or performance metrics are required
3. Training and Support: When the principal provides specific training or support systems
4. Marketing and Promotion: When the agent has specific marketing responsibilities
5. Intellectual Property: When the agent needs to use principal's trademarks or other IP
6. Non-Compete: When restrictions on competing activities are required
7. Insurance: When specific insurance coverage is required for the agent
8. Dispute Resolution: When parties prefer specific dispute resolution mechanisms
1. Commission Rate Schedule: Detailed breakdown of commission rates for different products/services
2. Territory Map: Detailed map or description of the authorized territory
3. Product/Service List: Comprehensive list of products/services covered by the agreement
4. Performance Metrics: Detailed KPIs and measurement criteria
5. Reporting Templates: Standard formats for regular reports and commission calculations
6. Operating Procedures: Detailed procedures for order processing, customer service, etc.
7. Contact Details: List of key contacts and escalation matrix for both parties
Approved Customers
Business Day
Commission
Confidential Information
Commencement Date
Effective Date
Force Majeure
Intellectual Property Rights
Laws
Malaysian Ringgit
Notice
Principal
Products
Purchase Order
Quarter
Reserved Matters
Services
Target Market
Territory
Term
Trade Marks
Commission Agent
Sales Revenue
Performance Metrics
Reporting Period
Commission Rate
Operating Procedures
Customer Database
Marketing Materials
Payment Date
Proprietary Information
Sales Target
Commission Statement
Business Hours
Working Day
Territory
Scope of Authority
Commission Structure
Payment Terms
Performance Requirements
Reporting Obligations
Non-Competition
Confidentiality
Intellectual Property
Term and Duration
Termination
Non-Binding Nature
Governing Law
Force Majeure
Assignment
Notices
Representations and Warranties
Exclusivity
Marketing and Promotion
Training and Support
Compliance with Laws
Record Keeping
Dispute Resolution
Amendment
Entire Understanding
Severability
Good Faith
Retail
Manufacturing
Real Estate
Insurance
Financial Services
Technology
Consumer Goods
Industrial Products
Automotive
Agriculture
Telecommunications
Export/Import
Healthcare
Professional Services
Legal
Sales
Business Development
Operations
Commercial
Compliance
Finance
Strategy
Distribution
International Business
Business Development Manager
Sales Director
Commercial Director
Chief Executive Officer
Managing Director
Legal Counsel
Contracts Manager
Regional Sales Manager
Channel Manager
Operations Manager
Chief Commercial Officer
Business Strategy Manager
Distribution Manager
Agency Relations Manager
Compliance Officer
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