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Agency Agreement
"I need an Agency Agreement for appointing a sales representative in Singapore to distribute our manufacturing equipment, with exclusive rights in the territory and a commission structure based on quarterly sales targets, starting from March 2025."
1. Parties: Identification and details of the principal and agent
2. Background: Context and purpose of the agency relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment: Scope and nature of agency appointment
5. Agent's Rights and Obligations: Core duties and rights of the agent
6. Principal's Rights and Obligations: Core duties and rights of the principal
7. Commission/Remuneration: Payment terms and calculation method
8. Term and Termination: Duration and termination provisions
1. Territory: Geographic scope of agency, used for territorial restrictions
2. Non-Competition: Restrictions on competitive activities, if applicable
3. Performance Targets: Specific targets or KPIs, if performance-based
4. Marketing and Promotion: Marketing obligations, if relevant to agency scope
5. Insurance: Insurance requirements, if specific coverage needed
1. Commission Schedule: Detailed breakdown of commission structure and calculations
2. Territory Schedule: Detailed description of geographical territory
3. Products/Services Schedule: List of products/services covered by agency
4. Performance Metrics: Detailed KPIs and measurement criteria
5. Agency Procedures Manual: Operational procedures and guidelines
Authors
Agent
Principal
Commencement Date
Commission
Confidential Information
Effective Date
Force Majeure
Intellectual Property Rights
Products
Services
Territory
Term
Business Day
Working Hours
Applicable Laws
Customer
Net Sales
Performance Targets
Quarter
Representative
Sales Target
Termination Date
Trade Marks
Transaction
Agency Services
Competitor
Group Company
Marketing Materials
Minimum Performance Requirements
Operating Procedures
Payment Period
Regulatory Approvals
Sub-Agent
Scope of Agency
Territory
Duration and Term
Agent's Duties
Principal's Duties
Commission
Payment Terms
Performance Requirements
Reporting Obligations
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Marketing and Promotion
Representations and Warranties
Indemnification
Limitation of Liability
Force Majeure
Termination
Post-Termination Obligations
Assignment
Sub-Contracting
Insurance
Compliance with Laws
Data Protection
Record Keeping
Audit Rights
Notices
Amendments
Entire Agreement
Severability
Waiver
Governing Law
Dispute Resolution
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