Broker Agent Commission Agreement Template for Australia

1. Performance Targets: Specific performance metrics and targets for the broker, used when the principal wants to establish clear performance expectations

2. Territory Restrictions: Geographic or market limitations on broker's activities, included when the agreement needs to specify territorial boundaries

3. Training and Support: Details of training and support provided by the principal, relevant for complex products or services

4. Marketing and Branding: Guidelines for use of principal's branding and marketing materials, important for customer-facing brokers

5. Dispute Resolution: Detailed procedures for resolving disputes, recommended for high-value or complex arrangements

6. Insurance Requirements: Specific insurance coverage requirements for the broker, important for high-risk activities

7. Sub-broker Arrangements: Terms governing the appointment of sub-brokers, needed when sub-broking is permitted

8. Data Protection: Specific provisions for handling customer data and privacy requirements, essential when dealing with personal information

1. Commission Rates Schedule: Detailed breakdown of commission rates for different products or services

2. Product Schedule: List of products or services covered by the agreement with specific terms for each

3. Territory Schedule: Detailed description of geographical areas or markets covered by the agreement

4. Performance Metrics Schedule: Detailed performance indicators and measurement criteria

5. Compliance Procedures: Detailed compliance requirements and procedures

6. Required Forms and Documentation: Templates and forms to be used in the course of business

7. Service Level Requirements: Detailed service standards and response time requirements