Sub Agency Agreement for Singapore

Sub Agency Agreement Template for Singapore

A Sub Agency Agreement under Singapore law is a formal contract that establishes and regulates the relationship between a principal agent and a sub-agent. This document outlines the terms under which the sub-agent is authorized to act on behalf of the principal agent, including scope of authority, territorial limitations, commission structures, and compliance requirements. The agreement incorporates Singapore's legal framework, particularly the Civil Law Act and common law principles of agency, while ensuring compliance with industry-specific regulations and data protection requirements.

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What is a Sub Agency Agreement?

The Sub Agency Agreement serves as a crucial document in business arrangements where an authorized agent needs to delegate certain responsibilities to another party while maintaining control and accountability. This agreement is particularly important in Singapore's business environment, where multi-tier agency relationships are common in various industries. The document establishes clear lines of authority, defines operational boundaries, and ensures compliance with Singapore's regulatory framework. It typically includes detailed provisions on commission structures, performance standards, territory restrictions, and reporting requirements, while addressing specific industry regulations and data protection obligations.

What sections should be included in a Sub Agency Agreement?

1. Parties: Identifies and defines the principal agent and sub-agent

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of sub-agent appointment and authorized activities

5. Territory and Exclusivity: Geographical scope and exclusivity terms

6. Duties and Obligations: Responsibilities of each party

7. Commission Structure: Payment terms and calculation methods

8. Term and Termination: Duration and termination provisions

9. Governing Law and Jurisdiction: Specifies Singapore law as governing law and jurisdiction for disputes

What sections are optional to include in a Sub Agency Agreement?

1. Non-Competition: Restrictions on competitive activities - include when protecting market position is crucial

2. Intellectual Property: IP rights and usage terms - include when brand or proprietary information is involved

3. Data Protection: PDPA compliance provisions - include when personal data processing is involved

4. Cross-Border Provisions: Additional provisions for international operations - include when sub-agent operates across multiple jurisdictions

What schedules should be included in a Sub Agency Agreement?

1. Commission Schedule: Detailed breakdown of commission calculations and scenarios

2. Territory Schedule: Detailed definition of geographical territories

3. Product Schedule: List of products/services covered by the agreement

4. Service Level Agreement: Performance metrics and standards

5. Compliance Schedule: Specific compliance requirements and procedures under Singapore law

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Free to use

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Insurance
Travel and Tourism
Import/Export
Financial Services

Relevant Teams

Business Development
Sales
Legal
Operations
Finance
Compliance

Relevant Roles

Business Development Manager
Sales Director
Channel Manager
Regional Manager
Compliance Officer

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What is a Sub Agency Agreement?

What sections should be included in a Sub Agency Agreement?

What sections are optional to include in a Sub Agency Agreement?

What schedules should be included in a Sub Agency Agreement?

Authors

Alex Denne

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