Joint Venture Commission Agreement Template for Malaysia

1. Intellectual Property Rights: Required when the joint venture involves creation or use of intellectual property

2. Employment Matters: Needed when the joint venture involves shared employees or transfer of staff

3. Foreign Investment Provisions: Required when one or more parties are foreign entities

4. Environmental Compliance: Necessary for joint ventures in industries with environmental impact

5. Insurance Requirements: Optional section detailing required insurance coverage for high-risk operations

6. Force Majeure: Optional but recommended for long-term joint ventures to address unforeseen circumstances

7. Anti-Corruption Compliance: Required for international joint ventures or when dealing with government contracts

1. Commission Rates Schedule: Detailed breakdown of commission rates and calculation methods

2. Business Plan: Detailed business plan and projections for the joint venture

3. Capital Contribution Schedule: Details of initial and ongoing capital contributions by parties

4. Key Performance Indicators: Metrics for measuring performance and commission eligibility

5. Territory Schedule: Definition of geographical territories if applicable

6. Intellectual Property Schedule: List of IP rights brought into or developed by the joint venture

7. Management Structure Chart: Organizational chart and management hierarchy

8. Required Approvals: List of regulatory approvals and licenses required

9. Authorized Representatives: List of designated representatives from each party