Broker Commission Agreement Template for Malaysia

1. Non-Competition: Restrictions on broker's ability to work with competitors, used when broker has access to sensitive information

2. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in volatile markets

3. Insurance Requirements: Specific insurance coverage requirements for broker, important in high-value transactions

4. Training and Support: Details of any training or support provided by principal to broker

5. Marketing and Branding: Guidelines for use of principal's branding and marketing materials

6. Dispute Resolution: Alternative dispute resolution procedures such as mediation or arbitration

7. Post-Termination Obligations: Ongoing obligations after agreement ends, particularly for long-term customer relationships

8. Data Protection: Specific provisions for handling personal data under Malaysian law

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

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

3. Schedule 3 - Approved Customer List: List of pre-approved customers or customer types if applicable

4. Schedule 4 - Reporting Requirements: Templates and timing for regular reports required from broker

5. Schedule 5 - Compliance Requirements: Specific regulatory requirements and compliance procedures

6. Appendix A - Product/Service Description: Detailed description of products/services for which broker is authorized to arrange sales

7. Appendix B - Documentation Requirements: Templates and requirements for transaction documentation