Representative Form Ircc Template for Saudi Arabia

1. Non-Competition: Restrictions on representing competing products/services, used when exclusivity is granted

2. Performance Targets: Specific sales or performance metrics, included when quantifiable targets are part of the arrangement

3. Training Requirements: Detailed training obligations, included for technical products or services

4. Marketing Requirements: Specific marketing obligations and standards, used for consumer-facing products

5. Local Entity Requirements: Requirements for maintaining local office or staff, included when required by business needs

6. Insurance: Insurance requirements and coverage details, included for high-risk products or services

7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in international arrangements

1. Products/Services Schedule: Detailed list of products or services covered by the representation agreement

2. Territory Definition: Detailed description of geographical areas covered, including any exclusions

3. Commission Structure: Detailed breakdown of commission calculations and payment terms

4. Performance Metrics: Specific KPIs and measurement criteria

5. Required Registrations: List of necessary local registrations and licenses

6. Trademark Usage Guidelines: Rules and specifications for use of Principal's trademarks

7. Compliance Procedures: Detailed compliance requirements and reporting procedures