Commission Share Agreement Template for New Zealand

1. Non-Compete Clause: Restricts parties from engaging in competing activities - include when protecting business interests is crucial

2. Confidentiality: Detailed confidentiality obligations - include when sensitive information will be shared

3. Intellectual Property: Addresses ownership and use of IP - include when relevant IP will be shared or created

4. Insurance Requirements: Specifies required insurance coverage - include for high-value or high-risk arrangements

5. Territory Restrictions: Defines geographical limitations - include when territory-based restrictions apply

6. Marketing and Promotion: Outlines marketing responsibilities - include when joint marketing efforts are planned

7. Force Majeure: Addresses unforeseeable circumstances - include for long-term or high-value agreements

8. Assignment Rights: Controls ability to transfer rights - include when transfer restrictions are important

1. Schedule 1 - Commission Rates: Detailed breakdown of commission percentages and any variations based on product/service types

2. Schedule 2 - Calculation Examples: Practical examples showing how commissions will be calculated in various scenarios

3. Schedule 3 - Payment Procedures: Detailed procedures for invoicing and payment of commissions

4. Schedule 4 - Reporting Templates: Standard templates for commission reporting and reconciliation

5. Schedule 5 - Products/Services: List of products or services covered by the commission arrangement

6. Appendix A - Key Performance Indicators: Performance metrics that may affect commission rates

7. Appendix B - Territory Map: If applicable, geographical areas covered by the agreement