The Oil Broker Commission Agreement serves as a fundamental document in the oil trading industry, establishing the commercial relationship between brokers and their clients. This agreement, governed by U.S. law, is essential when engaging professional intermediaries to facilitate oil transactions. It typically includes detailed commission structures, service scope, territorial rights, and compliance requirements under U.S. federal and state regulations. The agreement ensures clarity in compensation arrangements while addressing regulatory requirements under the Commodity Exchange Act and related legislation.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the broker and the principal, including full legal names, addresses, and registration details
2. Background: Context of the agreement, relationship between parties, and purpose of the brokerage arrangement
3. Definitions: Key terms used throughout the agreement including 'Commission', 'Oil Products', 'Territory', 'Successful Transaction'
4. Scope of Services: Detailed description of broker's services, responsibilities, and authority limits
5. Commission Structure: Payment terms, commission rates, calculation methods, and payment schedules
6. Term and Termination: Duration of agreement, renewal terms, and conditions for termination
7. Representations and Warranties: Statements of fact and promises by both parties regarding their capacity and authority
8. Confidentiality: Protection of sensitive information and trade secrets
9. Compliance with Laws: Obligations to comply with relevant laws, regulations, and industry standards
10. Dispute Resolution: Procedures for handling disputes, choice of law, and jurisdiction
1. International Trading Provisions: Special provisions for cross-border transactions, including FCPA compliance and international sanctions
2. Exclusivity Provisions: Terms defining exclusive rights and territories for the broker
3. Force Majeure: Provisions covering unforeseen circumstances that prevent performance
4. Insurance Requirements: Specific insurance coverage requirements for the broker
5. Non-Compete Clause: Restrictions on broker's ability to work with competitors
1. Schedule A - Commission Rate Schedule: Detailed breakdown of commission rates for different transaction types and volumes
2. Schedule B - Service Territory: Geographic areas and jurisdictions covered by the agreement
3. Schedule C - Product Specifications: Technical specifications of oil products covered under the agreement
4. Schedule D - Compliance Requirements: List of specific regulatory and reporting requirements
5. Schedule E - Approved Counterparties: List of pre-approved trading partners and customers
Relevant legal definitions
Agreement
Applicable Law
Broker
Broker Services
Business Day
Commission
Commission Rate
Confidential Information
Contract Price
Effective Date
Eligible Transaction
Force Majeure Event
Governing Law
Initial Term
Intellectual Property Rights
Oil Products
Party/Parties
Principal
Product Specifications
Purchase Order
Qualified Transaction
Representatives
Service Territory
Successful Transaction
Term
Trade Documentation
Trading Hours
Transaction
Transaction Value
Working Hours
Clauses
Appointment and Scope of Services
Commission Structure
Payment Terms
Term and Duration
Termination
Confidentiality
Non-Circumvention
Representations and Warranties
Broker Obligations
Principal Obligations
Commission Calculation
Exclusivity
Territory Rights
Compliance with Laws
Record Keeping
Reporting Requirements
Force Majeure
Limitation of Liability
Indemnification
Insurance
Intellectual Property
Assignment
Notices
Dispute Resolution
Governing Law
Amendment and Modification
Entire Agreement
Severability
Waiver
Third Party Rights
Anti-Corruption
Sanctions Compliance
Money Laundering Prevention
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Exclusive Contract With A Real Estate Agent
A U.S.-governed contract establishing an exclusive relationship between a property owner and real estate agent, granting sole rights for property marketing and sale/lease.
Download
Business Broker Engagement Agreement
A U.S.-governed agreement establishing terms between a business broker and seller for business sale services, including scope, compensation, and obligations.
Download
Business Broker Agreement
A U.S.-governed agreement establishing terms between a business broker and business owner for the sale of a business, including commission structure and service terms.
Download
Buyer Tenant Representation Agreement
A U.S.-governed agreement establishing an exclusive relationship between a real estate broker and a client seeking to lease or purchase property, outlining representation terms and obligations.
Download
Buyer Broker Commission Agreement
A U.S. real estate contract establishing terms and commission structure for a broker's representation of a property buyer.
Download
Buyer Agent Commission Agreement
A U.S. real estate contract establishing the terms of representation and commission structure between a property buyer and their real estate agent.
Download
Business Broker Listing Agreement
A U.S.-governed agreement establishing the terms under which a business broker represents a business owner in selling their business, including scope of services, compensation, and obligations.
Download
Co Broker Agreement
A U.S.-governed agreement between two brokerage firms establishing terms for business cooperation and commission sharing arrangements.
Download
Buyer Broker Exclusive Agreement
A U.S. real estate contract establishing an exclusive relationship between a property buyer and broker, defining services, compensation, and mutual obligations.
Download
Buyer Broker Agreement
A U.S.-governed agreement establishing the terms and conditions between a real estate broker and property buyer for property search and acquisition services.
Download
Wholesale Broker Agreement
A U.S.-governed agreement establishing the relationship between a principal company and a wholesale broker for product/service distribution.
Download
Transaction Broker Agreement
A U.S. legal agreement establishing a neutral intermediary relationship between a real estate broker and client(s) for property transactions.
Download
Tenant Broker Agreement
A U.S. legal agreement establishing representation of a tenant by a real estate broker in property leasing matters.
Download
Split Commission Agreement
A U.S.-governed agreement defining how commissions are shared between multiple parties in a business transaction.
Download
Seller Listing Agreement
A U.S. legal agreement between a property owner and real estate broker authorizing the marketing and sale of property under specified terms.
Download
Seller Broker Commission Agreement
A U.S. legal agreement establishing commission terms between a property seller and their real estate broker.
Download
Seller Agency Agreement
A U.S. legal agreement establishing the terms and conditions under which a real estate agent represents a property seller.
Download
Sales Broker Agreement
A U.S.-governed contract defining the terms between a company and its sales broker, including commission structures and performance requirements.
Download
Residential Listing Agreement Compensation To Broker
A U.S. legal agreement defining broker compensation terms for residential property listings.
Download
Rental Broker Fee Agreement
A U.S. legal agreement establishing terms between rental brokers and clients for property rental services.
Download
Rental Broker Agreement
A U.S.-governed agreement between property owners and real estate brokers defining the terms and conditions for rental property services.
Download
Registration Agreement Between Brokers
A U.S. real estate contract establishing cooperation terms and commission arrangements between licensed brokers.
Download
Registration Agreement Between Broker And Owner
A U.S. real estate contract establishing terms between a broker and property owner for the marketing and potential sale/lease of property.
Download
Referral Agreement Between Brokers
A U.S.-compliant agreement establishing terms for client referrals between licensed real estate brokers, including commission arrangements and regulatory compliance.
Download
Real Estate Brokerage Operating Agreement
A U.S.-compliant legal framework establishing the structure and operations of a real estate brokerage firm.
Download
Real Estate Broker Referral Agreement
A U.S.-governed agreement establishing terms for client referrals between licensed real estate brokers, including fee arrangements and compliance requirements.
Download
Real Estate Broker Of Record Agreement
A U.S. legal agreement establishing an official relationship between a real estate broker and client for property transactions and representations.
Download
Real Estate Broker Independent Contractor Agreement
A U.S. legal agreement defining the relationship between a real estate brokerage and an independent contractor agent, including terms of engagement and compensation.
Download
Real Estate Broker Fee Agreement
A U.S.-governed agreement establishing the terms and compensation structure between a real estate broker and property owner.
Download
Real Estate Broker Employment Agreement
A U.S.-compliant agreement establishing the terms of engagement between a real estate broker and property owner, including services, compensation, and agency relationship.
Download
Real Estate Broker Confidentiality Agreement
A U.S. legal agreement protecting confidential information shared between property owners and real estate brokers during property transactions.
Download
Real Estate Broker Commission Agreement
A U.S. legal agreement defining commission terms between real estate brokers and property owners/sellers.
Download
Real Estate Broker Agreement
A U.S.-compliant agreement establishing the terms between a property owner and real estate broker for property marketing and sale services.
Download
Real Estate Broker Agent Commission Split Agreement
A U.S.-compliant agreement defining commission split arrangements between real estate brokers and their agents.
Download
Real Estate Agent Retainer Agreement
A U.S.-compliant agreement establishing the terms of representation between a real estate agent and client, including services and compensation.
Download
Real Estate Agent Rental Agreement
A U.S.-governed agreement between property owners and real estate agents for rental property marketing and management services.
Download
Real Estate Agent Referral Agreement
A U.S.-compliant agreement establishing terms for client referrals between licensed real estate professionals, including fee structures and responsibilities.
Download
Real Estate Agent Listing Agreement
A U.S.-governed contract between property owners and real estate agents establishing exclusive rights to market and sell property.
Download
Real Estate Agent Independent Contractor Agreement
A U.S. legal agreement establishing an independent contractor relationship between a real estate brokerage and licensed agent.
Download
Real Estate Agent Commission Split Agreement
A U.S. legal agreement defining commission split arrangements between real estate brokers and agents.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)