Commission Agent Agreement Template for Singapore

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Key Requirements PROMPT example:

Commission Agent Agreement

"Need a Commission Agent Agreement for appointing a sales agent in Singapore to sell our software products, with a 10% commission structure and quarterly performance targets, starting March 2025."

Document background

The Commission Agent Agreement is essential for businesses operating in Singapore seeking to expand their market reach through commission-based representatives. This document defines the commercial relationship where an agent promotes and sells products/services on behalf of a principal in exchange for commission. It incorporates Singapore's legal framework, addressing key aspects such as territory rights, commission calculations, performance targets, and compliance requirements. The agreement is particularly valuable for businesses wanting to maintain flexibility in their sales force while ensuring clear boundaries between employment and agency relationships.

Suggested Sections

1. Parties: Identification and details of the principal and commission agent

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

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

5. Territory and Products: Geographical area and products/services covered

6. Commission Structure: Calculation and payment terms of commission

7. Obligations of Agent: Agent's duties and responsibilities

8. Obligations of Principal: Principal's duties and responsibilities

9. Term and Termination: Duration and termination provisions

10. Governing Law: Applicable law and jurisdiction

Optional Sections

1. Non-Compete: Restrictions on competitive activities - use when protecting business interests from competition

2. Intellectual Property: IP rights and usage - include when IP rights are involved in the agency relationship

3. Data Protection: PDPA compliance obligations - required when personal data processing is involved

4. Force Majeure: Provisions for unforeseen circumstances - recommended for long-term relationships requiring protection against external events

Suggested Schedules

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

2. Territory Map: Geographical representation of agent's territory

3. Product List: Detailed list of products/services covered

4. Performance Targets: Specific targets and KPIs for the agent

5. Reporting Templates: Standard forms for regular reporting requirements

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

Retail
Real Estate
Insurance
Manufacturing
Technology

Relevant Teams

Sales
Legal
Finance
Business Development
Operations

Relevant Roles

Sales Director
Business Development Manager
Commercial Director
Legal Counsel
Channel Manager

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Let's create your Commission Agent Agreement

Authors

Alex Denne

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