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Broker Salesperson Agreement
"I need a Broker Salesperson Agreement for a Swiss financial services firm engaging independent brokers to sell investment products, with strict compliance requirements and a multi-tier commission structure based on performance targets."
1. Parties: Identification of the brokerage firm and the broker salesperson, including full legal names and addresses
2. Background: Context of the agreement, including the brokerage firm's business and the salesperson's qualifications
3. Definitions: Key terms used throughout the agreement, including 'Commission', 'Territory', 'Clients', and 'Services'
4. Appointment and Scope: Formal appointment of the broker salesperson and detailed description of authorized services
5. Independent Contractor Status: Clear statement of the salesperson's status as an independent contractor, not an employee
6. Duties and Responsibilities: Detailed obligations of the broker salesperson, including compliance with laws and professional standards
7. Commission Structure: Basic framework for commission calculations, payment terms, and conditions for earning commissions
8. Compliance Requirements: Obligations to comply with relevant Swiss laws, regulations, and industry standards
9. Confidentiality: Protection of confidential information and trade secrets
10. Non-Competition and Non-Solicitation: Restrictions on competitive activities during and after the agreement
11. Term and Termination: Duration of the agreement and circumstances for termination
12. Post-Termination Obligations: Duties and restrictions that survive after agreement termination
13. Governing Law and Jurisdiction: Specification of Swiss law application and jurisdiction for disputes
14. General Provisions: Standard clauses including severability, entire agreement, and amendments
1. Training Requirements: Required when the brokerage provides specific training programs or certification requirements
2. Marketing and Advertising: Include when the broker has authority to conduct marketing activities on behalf of the firm
3. Expense Reimbursement: Include when certain business expenses are reimbursable by the brokerage
4. Insurance Requirements: Include when the broker must maintain specific insurance coverage
5. Team Collaboration: Include when the broker works with or manages a team
6. International Operations: Required when the broker operates across multiple jurisdictions
7. Property Management: Include when broker handles property management responsibilities
8. Digital Platform Usage: Include when specific software or platforms are required for business operations
1. Schedule A - Commission Rates: Detailed commission structure, including rates, tiers, and special circumstances
2. Schedule B - Territory Definition: Specific geographical areas or market segments where the broker is authorized to operate
3. Schedule C - Approved Services: Comprehensive list of services the broker is authorized to provide
4. Schedule D - Compliance Procedures: Detailed compliance requirements and procedures
5. Schedule E - Technology and Systems: List of required technology, software, and systems to be used
6. Appendix 1 - Code of Conduct: Specific behavioral and professional standards required by the brokerage
7. Appendix 2 - Required Forms: Standard forms and documents used in business operations
8. Appendix 3 - Insurance Requirements: Detailed insurance coverage requirements and minimum limits
Authors
Applicable Laws
Approved Services
Broker
Brokerage Firm
Business Day
Client
Commission
Confidential Information
Effective Date
Gross Commission Income
Independent Contractor
Intellectual Property Rights
Licensed Activities
Marketing Materials
Net Commission
Professional Standards
Prospect
Regulatory Authorities
Reserved Clients
Services
Swiss Code of Obligations
Territory
Term
Trade Secrets
Transaction
Working Hours
Force Majeure
Competing Business
Compliance Requirements
Listing
Performance Metrics
Proprietary Information
Qualifying Transaction
Referral Fee
Sales Pipeline
Termination Date
Training Materials
Client Database
Commission Split
Definitions
Appointment
Independent Contractor Status
Services
Territory Rights
Commission Structure
Payment Terms
Professional Obligations
Licensing Requirements
Compliance
Confidentiality
Data Protection
Non-Competition
Non-Solicitation
Intellectual Property
Marketing and Branding
Record Keeping
Insurance
Indemnification
Term
Termination
Post-Termination Obligations
Force Majeure
Assignment
Notices
Amendments
Severability
Entire Agreement
Governing Law
Dispute Resolution
Client Relations
Training
Expenses
Performance Standards
Reporting Requirements
Audit Rights
Electronic Systems Usage
Legal Compliance
Representations and Warranties
Real Estate
Financial Services
Insurance
Investment Banking
Commodities Trading
Luxury Goods
Art and Collectibles
Business Brokerage
Commercial Property
Wealth Management
Legal
Compliance
Sales
Business Development
Operations
Finance
Risk Management
Human Resources
Training and Development
Client Relations
Administration
Broker
Real Estate Agent
Financial Advisor
Sales Agent
Investment Consultant
Property Consultant
Business Broker
Luxury Assets Broker
Securities Broker
Insurance Broker
Senior Broker
Associate Broker
Managing Broker
Independent Sales Representative
Commission-Based Agent
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