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Representation Agreement
"I need a Representation Agreement for appointing an exclusive sales representative in Singapore to distribute our medical devices, with a 5% commission structure and minimum sales targets of $500,000 per quarter, starting from March 2025."
1. Parties: Identification of principal and representative with full legal names and addresses
2. Background: Context of the representation arrangement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Representation: Detailed description of representation rights and limitations
5. Term and Termination: Duration of agreement and termination provisions
6. Compensation: Payment terms, commission structures, and expenses
7. Obligations of Representative: Duties and responsibilities of the representative
8. Obligations of Principal: Duties and responsibilities of the principal
1. Territory: Geographic scope of representation - used when representation is limited to specific regions
2. Exclusivity: Terms of exclusive representation rights - used when granting exclusive representation rights
3. Non-Compete: Restrictions on competitive activities - used when protecting business interests post-termination
4. Intellectual Property: Usage rights for trademarks and materials - used when IP rights are involved in representation
1. Commission Structure: Detailed breakdown of commission calculations and payment terms
2. Territory Map: Visual representation of geographical coverage area
3. Product List: List of products/services covered by representation
4. Reporting Templates: Standard forms for regular reporting requirements
Authors
Applicable Laws
Business Day
Commencement Date
Commission
Confidential Information
Effective Date
Force Majeure Event
Intellectual Property Rights
Material Breach
Principal
Products
Representative
Services
Term
Territory
Termination Date
Net Sales
Quarter
Sales Target
Marketing Materials
Minimum Performance Requirements
Notice
Permitted Purpose
Related Companies
Revenue
Trade Marks
Working Hours
Scope of Representation
Territory and Exclusivity
Term and Duration
Commission and Payment
Minimum Performance Requirements
Representative's Obligations
Principal's Obligations
Reporting Requirements
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Marketing and Promotion
Training and Support
Warranties and Representations
Indemnification
Termination
Force Majeure
Assignment
Relationship of Parties
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Data Protection
Compliance with Laws
Insurance
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