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1. Parties: Identification and details of the Principal and the Sourcing Agent
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Scope: Formal appointment of the agent and detailed scope of services
5. Agent's Obligations: Detailed responsibilities and duties of the sourcing agent
6. Principal's Obligations: Responsibilities and duties of the principal
7. Territory and Exclusivity: Geographical scope of the agreement and any exclusivity arrangements
8. Commission and Payment Terms: Structure of fees, commission rates, and payment conditions
9. Intellectual Property: Protection and usage rights of intellectual property
10. Confidentiality: Obligations regarding confidential information
11. Term and Termination: Duration of agreement and termination provisions
12. Data Protection: GDPR compliance and data handling requirements
13. Liability and Indemnification: Limitation of liability and indemnification provisions
14. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms
15. General Provisions: Standard boilerplate clauses including notices, amendments, etc.
1. Compliance with Laws: Specific regulatory compliance requirements - include when dealing with regulated industries or cross-border trade
2. Insurance: Insurance requirements - include when dealing with high-value goods or specific risk factors
3. Non-Competition: Restrictions on competitive activities - include when protecting market position is crucial
4. Performance Targets: Specific performance metrics - include when quantifiable targets are part of the arrangement
5. Sub-Agents: Provisions for appointing sub-agents - include when sub-contracting might be needed
6. Force Majeure: Provisions for unforeseen circumstances - include when dealing with international trade or high-risk markets
7. Anti-Corruption: Anti-bribery and corruption provisions - include when operating in high-risk jurisdictions
8. Training and Support: Requirements for training and support - include when complex products or services are involved
1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates and calculation methods
2. Schedule 2 - Products/Services: Detailed list of products or services covered by the agreement
3. Schedule 3 - Territory Definition: Detailed description of geographical territories and any exclusions
4. Schedule 4 - Reporting Requirements: Templates and requirements for regular reporting
5. Schedule 5 - Service Level Agreement: Specific performance metrics and service standards
6. Schedule 6 - Compliance Procedures: Detailed compliance procedures and requirements
7. Appendix A - Contact Details: Key contact information for both parties
8. Appendix B - Required Documentation: List of required documentation for sourcing activities
Agent
Principal
Services
Territory
Commission
Products
Suppliers
Purchase Order
Quality Standards
Intellectual Property Rights
Confidential Information
Force Majeure
Business Day
Effective Date
Initial Term
Renewal Term
Target Markets
Purchase Price
Specifications
Due Diligence
Compliance Requirements
Report
Service Levels
Performance Metrics
Material Breach
Applicable Laws
Approved Suppliers
Commission Period
Contract Year
Export Controls
Good Industry Practice
Inspection Rights
Key Performance Indicators
Minimum Purchase Volume
Operating Procedures
Personal Data
Quality Control Procedures
Rejected Products
Sample Products
Sourcing Services
Sub-Agent
Target Price
Trade Controls
Working Hours
Agency Powers
Territory
Exclusivity
Commission
Payment Terms
Service Obligations
Performance Standards
Reporting Requirements
Quality Control
Due Diligence
Supplier Selection
Price Negotiation
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Compliance
Anti-Corruption
Export Control
Insurance
Liability
Indemnification
Force Majeure
Term
Termination
Post-Termination
Dispute Resolution
Governing Law
Assignment
Subcontracting
Notices
Entire Agreement
Severability
Amendments
Waiver
Third Party Rights
Counterparts
Manufacturing
Retail
Textiles and Apparel
Electronics
Consumer Goods
Industrial Equipment
Food and Beverage
Automotive
Raw Materials
Construction Materials
Medical Supplies
Agricultural Products
Chemical Products
Technology Hardware
Legal
Procurement
Supply Chain
Operations
Commercial
Finance
Compliance
International Trade
Vendor Management
Risk Management
Contract Administration
Procurement Manager
Supply Chain Director
Sourcing Specialist
Legal Counsel
Commercial Director
Purchasing Manager
Vendor Relations Manager
Chief Procurement Officer
Supply Chain Manager
Contract Manager
International Trade Manager
Operations Director
Business Development Manager
Category Manager
Global Sourcing Manager
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