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Sales Broker Agreement
"I need a Sales Broker Agreement for my Singapore-based software company to engage independent sales representatives across Southeast Asia, with a 15% commission structure and strict data protection clauses to be effective from March 2025."
1. Parties: Identification of the principal and broker, including full legal names and addresses
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of broker appointment and detailed scope of services
5. Commission Structure: Detailed breakdown of commission calculations and payment terms
6. Duties and Obligations: Specific responsibilities of both broker and principal
7. Term and Termination: Duration of agreement and termination provisions
8. Confidentiality: Protection of confidential information
9. Governing Law: Specification of Singapore law as governing law
1. Non-Compete: Restrictions on competitive activities - used when protecting market position is crucial
2. Insurance Requirements: Required insurance coverage - used when broker activities involve significant risk
3. Training and Support: Principal's obligations for broker training - used when specialized product knowledge is required
4. Marketing Guidelines: Rules for marketing and brand usage - used when broker will represent principal's brand
5. Data Protection: PDPA compliance requirements - used when personal data processing is involved
1. Commission Schedule: Detailed commission rates and calculation methods
2. Territory Schedule: Defined geographical areas of operation
3. Product Schedule: List of products/services covered by the agreement
4. KPI Schedule: Performance metrics and targets
5. Compliance Manual: Regulatory compliance procedures and requirements
Authors
Applicable Laws
Broker
Broker Services
Business Day
Commission
Confidential Information
Effective Date
Force Majeure Event
Intellectual Property Rights
Net Sales Price
Principal
Products
Sales Target
Services
Term
Territory
Transaction
Working Hours
Qualified Lead
Gross Revenue
Customer
Prospective Customer
Marketing Materials
Performance Metrics
Regulatory Requirements
Commission Period
Sales Report
Trade Secrets
Termination Date
Scope of Services
Territory Rights
Commission Structure
Payment Terms
Performance Requirements
Representations and Warranties
Duties and Obligations
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Record Keeping
Reporting Requirements
Compliance
Marketing Guidelines
Training and Support
Insurance
Indemnification
Limitation of Liability
Term and Duration
Termination Rights
Force Majeure
Assignment
Independent Contractor Status
Notice Requirements
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Waiver
Third Party Rights
Counterparts
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