Sales Broker Agreement Template for Nigeria

1. Intellectual Property Rights: Protection and usage rights of trademarks, logos, and other IP when broker is authorized to use Principal's intellectual property

2. Insurance Requirements: Specific insurance coverage requirements for the broker, relevant for high-value transactions or regulated industries

3. Performance Targets: Specific sales targets or KPIs, useful when the agreement includes performance-based incentives

4. Training and Support: Details of training and support provided by the Principal, relevant for complex products or services

5. Sub-Brokers: Terms governing the appointment of sub-brokers, if permitted

6. Marketing and Promotion: Guidelines for marketing activities and use of promotional materials

7. Data Protection: Specific provisions for handling personal data, important when dealing with consumer information

8. Currency and Exchange Rates: Relevant for international sales or when dealing with multiple currencies

9. Anti-Corruption Compliance: Detailed anti-corruption provisions, particularly important for high-value transactions or government contracts

1. Commission Structure Schedule: Detailed breakdown of commission rates for different products/services

2. Territory Schedule: Detailed description of geographical territories and any specific restrictions

3. Product Schedule: List and specifications of products/services covered by the agreement

4. Performance Metrics Schedule: Detailed KPIs and measurement criteria if performance targets are included

5. Approved Sub-Brokers: List of pre-approved sub-brokers if applicable

6. Reporting Templates: Standard formats for regular reporting requirements

7. Standard Operating Procedures: Detailed procedures for order processing, customer handling, etc.

8. Compliance Checklist: List of regulatory requirements and compliance procedures