Broker Seller Agreement Template for Saudi Arabia

1. Exclusivity Provisions: Used when the broker is granted exclusive rights in specific territories or for specific products

2. Performance Targets: Include when specific sales targets or KPIs are required for maintaining the relationship

3. Marketing and Advertising: Detailed section when broker has significant marketing responsibilities

4. Training and Support: When extensive product training or technical support is required

5. Insurance Requirements: Detailed insurance obligations for high-value or high-risk products

6. Import/Export Compliance: For international trade aspects of the brokerage relationship

7. Data Protection: When handling significant customer data or personal information

8. Anti-Corruption Compliance: Extended provisions for high-value deals or government sector involvement

1. Schedule 1 - Territory Definition: Detailed description of geographical areas covered by the agreement

2. Schedule 2 - Products and Services: Comprehensive list of products/services covered by the brokerage agreement

3. Schedule 3 - Commission Structure: Detailed commission rates, calculation methods, and examples

4. Schedule 4 - Reporting Requirements: Templates and timing for regular reporting obligations

5. Schedule 5 - Service Level Requirements: Specific performance metrics and service standards

6. Appendix A - Required Documentation: List of regulatory documents and licenses required

7. Appendix B - Compliance Procedures: Step-by-step compliance processes and checklists

8. Appendix C - Contact Details: Key contact information for both parties