Sourcing Fee Agreement Template for Australia

1. Success Fee: Optional section for including performance-based fees or bonuses, used when the agreement includes success-based compensation

2. International Sourcing: Additional provisions for international sourcing activities, including currency, trade terms, and compliance with international laws

3. Exclusivity: Provisions for exclusive sourcing arrangements, used when the agent has exclusive rights

4. Key Performance Indicators: Defines specific performance metrics and targets, used when measuring agent performance is crucial

5. Sub-contractors: Provisions regarding the use of sub-contractors or third parties, used when sub-contracting is permitted

6. Insurance: Specific insurance requirements, used for high-value or high-risk sourcing activities

7. Compliance with Standards: Requirements for compliance with specific industry standards or certifications

8. Force Majeure: Provisions for unforeseen circumstances, particularly relevant for international sourcing

1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees, including base fees, success fees, and any other charges

2. Schedule 2 - Services Description: Detailed description of the sourcing services to be provided

3. Schedule 3 - Service Levels: Specific service levels and performance metrics if applicable

4. Schedule 4 - Approved Sub-contractors: List of pre-approved sub-contractors if relevant

5. Schedule 5 - Reporting Requirements: Templates and requirements for regular reporting

6. Schedule 6 - Territory Definition: Definition of geographical areas covered by the agreement if applicable

7. Appendix A - Contact Details: Key contact information for both parties

8. Appendix B - Required Documentation: Templates or examples of required documentation for sourcing activities