Sub Agency Agreement Template for Saudi Arabia

1. Performance Targets: Specific sales targets or performance metrics, used when quantifiable goals are part of the arrangement

2. Marketing and Promotion: Specific marketing obligations and cost-sharing arrangements, included when marketing is a key component

3. Training Requirements: Detailed training obligations and programs, included when specific expertise is required

4. Insurance: Insurance requirements and coverage details, included for high-risk activities or when required by principal

5. Bank Guarantee: Requirements for providing financial security, included when financial guarantees are required

6. Inventory Requirements: Stock levels and warehouse requirements, included for product distribution agreements

7. Customer Support: Service level requirements and support obligations, included for technical products/services

8. Data Protection: Specific data handling and privacy requirements, included when personal data is processed

9. Force Majeure: Provisions for unforeseen circumstances, included based on risk assessment

1. Schedule 1 - Territory Definition: Detailed description of geographical territory and any exclusions

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

3. Schedule 3 - Commission Structure: Detailed commission calculations, rates, and payment terms

4. Schedule 4 - Performance Criteria: Specific KPIs, targets, and evaluation metrics

5. Schedule 5 - Required Approvals and Licenses: List of regulatory approvals and licenses required

6. Schedule 6 - Trademark Usage Guidelines: Specific rules for use of principal's trademarks and branding

7. Appendix A - Principal Agency Agreement Extract: Relevant excerpts from the main agency agreement

8. Appendix B - Reporting Templates: Standard forms for required periodic reports

9. Appendix C - Operating Procedures: Detailed operational procedures and requirements