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Foreign Agency Agreement
"Need a Foreign Agency Agreement for appointing an exclusive agent in Vietnam to distribute our medical devices, with specific performance targets and a 5% commission structure, to be effective from March 2025."
1. Parties: Identification and details of the Principal and Foreign Agent
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Appointment and Territory: Scope of agent's appointment and geographic territory
5. Agent's Rights and Obligations: Core responsibilities and authorities of the agent
6. Principal's Rights and Obligations: Core responsibilities and commitments of the principal
7. Commission Structure: Details of compensation and payment terms
8. Term and Termination: Duration and termination provisions
9. Governing Law and Jurisdiction: Applicable law and dispute resolution
1. Non-Compete Provisions: Restrictions on agent's activities with competitors - use when protecting market share in specific territories
2. Intellectual Property Rights: Protection of trademarks, patents, and other IP - use when agent will be using principal's branded materials
3. Data Protection: PDPA compliance provisions - use when personal data will be processed
4. Force Majeure: Provisions for unforeseen circumstances - use when long-term commitments are involved
1. Territory Schedule: Detailed description of geographic territory covered
2. Commission Schedule: Detailed breakdown of commission calculations and terms
3. Products Schedule: List of products/services covered by the agreement
4. Performance Targets: Specific sales or performance objectives
5. Reporting Templates: Standard forms for regular reporting requirements
6. Marketing Guidelines: Rules for use of principal's branding and marketing materials
Authors
Applicable Laws
Business Day
Commencement Date
Commission
Confidential Information
Customer
Effective Date
Force Majeure Event
Initial Term
Intellectual Property Rights
Net Sales
Principal
Principal's Products
Purchase Order
Quarter
Sales Target
Services
Territory
Trade Marks
Valid Claim
Year
Agent
Associated Company
Marketing Materials
Minimum Performance Requirements
Renewal Term
Reports
Term
Termination Date
Territory and Exclusivity
Term and Duration
Agent's Duties and Obligations
Principal's Duties and Obligations
Commission and Payment Terms
Performance Targets
Reporting Requirements
Marketing and Promotion
Intellectual Property Rights
Confidentiality
Non-Competition
Non-Solicitation
Representations and Warranties
Indemnification
Limitation of Liability
Force Majeure
Termination
Post-Termination Obligations
Assignment and Sub-Contracting
Compliance with Laws
Anti-Corruption
Data Protection
Notices
Dispute Resolution
Governing Law and Jurisdiction
Entire Agreement
Severability
Variation and Waiver
Third Party Rights
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