Document background
The Split Commission Agreement is essential in business arrangements where multiple parties collaborate in generating sales or business opportunities and need to share the resulting commission income. This document type is particularly relevant under Danish law where specific regulatory requirements govern commission-based arrangements and agency relationships. The agreement is typically used when there are multiple stakeholders involved in a sales process, such as agents, sub-agents, or referral partners, who need a clear framework for commission sharing. It addresses key aspects such as commission calculation methods, payment terms, reporting requirements, and party obligations while ensuring compliance with Danish commercial law, including the Danish Commercial Agents Act and related regulations. The Split Commission Agreement serves as a crucial tool for preventing disputes and ensuring transparent, fair commission distribution among all involved parties.
