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1. Parties: Identification of the Principal and the Sourcing Agent, including full legal names and registration details
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Formal appointment of agent and detailed scope of services
5. Agent's Authority: Extent and limitations of agent's authority to act on behalf of principal
6. Agent's Duties and Responsibilities: Detailed obligations including sourcing, negotiation, quality control, and reporting
7. Principal's Obligations: Principal's responsibilities including information provision and payment obligations
8. Compensation: Fee structure, commission rates, and payment terms
9. Compliance: Obligations to comply with relevant laws, regulations, and ethical standards
10. Confidentiality: Protection of confidential information and trade secrets
11. Term and Termination: Duration of agreement and termination provisions
12. Post-Termination Obligations: Obligations surviving termination and handover requirements
13. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Exclusivity: Used when the agent is granted exclusive rights in specific territories or for specific products
2. Performance Targets: Include when specific KPIs or minimum performance requirements are needed
3. Intellectual Property: Required when the agent will be handling branded products or creating new IP
4. Insurance: Detailed insurance requirements when dealing with high-value goods or specific risks
5. Anti-Corruption Compliance: Enhanced compliance provisions for high-risk territories or government contracts
6. Force Majeure: Detailed force majeure provisions for agreements with critical supply chain implications
7. Data Protection: Required when personal data processing is involved in the sourcing activities
1. Schedule 1 - Services Description: Detailed description of sourcing services to be provided
2. Schedule 2 - Territory: Definition of geographical areas covered by the agreement
3. Schedule 3 - Commission Structure: Detailed breakdown of commission rates and calculation methods
4. Schedule 4 - Approved Suppliers: List of pre-approved suppliers if applicable
5. Schedule 5 - Reporting Requirements: Templates and timing for required reports
6. Schedule 6 - Quality Standards: Specific quality requirements and inspection procedures
7. Appendix A - Power of Attorney: If required, formal authorization for agent to act on principal's behalf
8. Appendix B - Code of Conduct: Ethical business practices and compliance requirements
Approved Supplier
Business Day
Commencement Date
Commission
Confidential Information
Delivery Terms
Force Majeure Event
Governing Law
Identity Card
Intellectual Property Rights
Malaysia
Notice
Principal
Products
Purchase Order
Quality Standards
Ringgit Malaysia
Services
Sourcing Agent
Supplier
Territory
Trade Secret
Transaction
Working Hours
Authority
Scope of Services
Territory
Exclusivity
Commission
Payment Terms
Duties and Responsibilities
Quality Control
Reporting Requirements
Representations and Warranties
Confidentiality
Intellectual Property
Data Protection
Compliance
Anti-Corruption
Insurance
Liability
Indemnification
Force Majeure
Term
Termination
Post-Termination Obligations
Non-Compete
Non-Solicitation
Assignment
Subcontracting
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Waiver
Counterparts
Manufacturing
Retail
Fashion and Apparel
Electronics
Automotive
Consumer Goods
Industrial Equipment
Textiles
Food and Beverage
Construction Materials
Medical Supplies
Furniture and Home Goods
Procurement
Supply Chain
Operations
Legal
Compliance
Finance
International Trade
Vendor Management
Commercial
Risk Management
Procurement Manager
Supply Chain Director
Sourcing Specialist
Chief Procurement Officer
Operations Manager
Commercial Director
Supply Chain Manager
International Trade Manager
Purchasing Manager
Vendor Relations Manager
Global Sourcing Manager
Contract Manager
Legal Counsel
Chief Operating Officer
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