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Sales Agency Agreement Template
I need a Sales Agency Agreement Template for appointing an exclusive agent to sell our industrial machinery in Singapore and Malaysia, with monthly sales targets and a tiered commission structure starting from January 2025.
1. Parties: Identification and details of the Principal and 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: Geographical area where agent is authorized to operate
6. Commission Structure: Details of compensation and payment terms
7. Obligations of Agent: Agent's duties and responsibilities
8. Obligations of Principal: Principal's duties and responsibilities
9. Term and Termination: Duration and conditions for ending agreement
10. Governing Law: Specification of Singapore law as governing law
1. Exclusivity: Terms defining exclusive rights and territories for the agent
2. Performance Targets: Specific sales targets and minimum performance requirements
3. Non-Compete: Restrictions on competitive activities during and after agreement term
4. Insurance: Requirements for insurance coverage and liability protection
5. Data Protection: PDPA compliance requirements and data handling procedures
1. Schedule 1: Products/Services: Detailed list of products/services covered under the agreement
2. Schedule 2: Commission Rates: Detailed commission structure and calculations
3. Schedule 3: Territory Map: Detailed description or map of territory covered
4. Schedule 4: Performance Metrics: Detailed performance targets and measurement criteria
5. Schedule 5: Reporting Templates: Standard forms for regular reporting requirements
Authors
Agent
Principal
Territory
Products
Services
Commission
Confidential Information
Commencement Date
Term
Intellectual Property Rights
Net Sales
Purchase Order
Sales Target
Customers
Effective Date
Force Majeure
Business Day
Quarter
Year
Applicable Laws
Competing Products
Sales Report
Commission Period
Termination Date
Trade Marks
Marketing Materials
Minimum Performance Requirements
Contract Price
Group Company
Territory and Exclusivity
Commission Structure
Payment Terms
Agent Obligations
Principal Obligations
Performance Requirements
Reporting Requirements
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Term and Duration
Termination
Consequences of Termination
Force Majeure
Indemnification
Insurance
Warranties and Representations
Assignment
Notices
Entire Agreement
Severability
Waiver
Data Protection
Compliance with Laws
Anti-Bribery
Dispute Resolution
Governing Law
Costs and Expenses
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