Broker Agreement Commission Template for Hong Kong

1. Exclusivity: Used when the broker is granted exclusive rights for specific territories or transactions

2. Performance Targets: Include when setting specific performance metrics or minimum transaction requirements

3. Training and Support: Required when the principal provides specific training or support systems to the broker

4. Insurance Requirements: Detailed insurance obligations when dealing with high-value transactions or regulated activities

5. Data Protection: Extended privacy provisions when handling significant personal or sensitive data

6. Non-Competition: Restrictions on broker's activities with competitors, if applicable

7. Force Majeure: Protection against unforeseen events, particularly relevant in volatile markets

8. Dispute Resolution: Alternative dispute resolution procedures if preferred over court proceedings

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

2. Territory Schedule: Definition of geographical areas or market segments covered by the agreement

3. Services Schedule: Comprehensive list of authorized services and any excluded activities

4. Required Licenses and Qualifications: List of mandatory regulatory licenses and professional qualifications

5. Reporting Templates: Standard formats for transaction reports and commission calculations

6. Compliance Procedures: Detailed procedures for regulatory compliance and due diligence

7. Key Performance Indicators: Metrics and targets for measuring broker performance