Agency Representation Agreement Template for Singapore

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Key Requirements PROMPT example:

Agency Representation Agreement

"Need an Agency Representation Agreement for appointing an exclusive sales agent in Singapore to represent our manufacturing company's automotive parts across Southeast Asia, with a 3-year term starting January 2025 and including quarterly performance targets."

Document background

The Agency Representation Agreement is a crucial document used when one party (principal) wishes to appoint another party (agent) to act on their behalf in Singapore. This agreement is particularly important in the Singapore business context, where agency relationships are common in various sectors and are governed by strict legal frameworks. The document typically includes detailed provisions on authority scope, territory, commission structures, and compliance with local regulations. It serves as a comprehensive framework for managing the principal-agent relationship while ensuring adherence to Singapore's legal requirements and business practices.

Suggested Sections

1. Parties: Details of the Principal and Agent

2. Background: Context and purpose of the agency relationship

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of appointment and scope of authority

5. Duration: Term of the agreement including commencement date

6. Duties and Responsibilities: Obligations of both parties

7. Compensation: Commission structure and payment terms

8. Termination: Conditions for ending the agreement

Optional Sections

1. Territory: Geographic scope of authority - include when territorial restrictions apply

2. Exclusivity: Whether the appointment is exclusive - include when granting exclusive rights

3. Sub-agents: Rights to appoint sub-agents - include when sub-delegation may be needed

4. Non-compete: Restrictions on competition - include when business interests need protection

Suggested Schedules

1. Commission Structure Schedule: Detailed breakdown of commission calculations and payment terms

2. Territory Map Schedule: Visual representation of geographic territory where agent is authorized to operate

3. Products and Services Schedule: Comprehensive list of products or services covered by the agreement

4. Performance Metrics Schedule: Detailed KPIs and performance evaluation criteria for the agent

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Manufacturing
Financial Services
Import/Export
Retail

Relevant Teams

Legal
Sales
Business Development
Operations
Finance

Relevant Roles

Business Development Manager
Sales Director
Commercial Director
Legal Counsel
Regional Manager

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Let's create your Agency Representation Agreement

Authors

Alex Denne

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