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Freight Broker Agent Contract
"I need a Freight Broker Agent Contract for our Texas-based logistics company that will bring on five independent agents, with specific territory restrictions for the Southeast region and a graduated commission structure starting at 50% for the first $100,000 in revenue, effective March 1, 2025."
1. Parties: Identification of the broker company and agent, including legal names and addresses
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement including industry-specific terminology
4. Scope of Services: Detailed description of agent's duties and responsibilities in freight brokerage operations
5. Independent Contractor Status: Clarification of agent's status as an independent contractor and related implications
6. Compensation: Commission structure, payment terms, and calculation methods
7. Compliance Requirements: Regulatory compliance obligations, licensing requirements, and FMCSA regulations
8. Term and Termination: Duration of agreement, renewal terms, and conditions for termination
9. Confidentiality: Protection of confidential information and trade secrets
10. Insurance and Bonding: Required insurance coverage and surety bond requirements
1. Territory Restrictions: Geographic limitations on agent's operations and service area
2. Performance Metrics: Specific KPIs, performance standards, and evaluation criteria
3. Training Requirements: Required training programs, certifications, and ongoing education requirements
4. Non-Compete Provisions: Restrictions on competitive activities during and after the agreement term
5. Marketing and Branding: Guidelines for use of broker's brand and marketing materials
1. Schedule A - Commission Structure: Detailed breakdown of commission rates, calculations, and payment schedules
2. Schedule B - Operating Procedures: Standard operating procedures, protocols, and workflow requirements
3. Schedule C - Insurance Requirements: Specific insurance coverage requirements, minimum limits, and documentation
4. Schedule D - Territory Map: Geographic territory specifications and service area boundaries
5. Schedule E - Compliance Checklist: Checklist of required licenses, permits, and regulatory compliance requirements
Authors
Agent
Broker
Carrier
Commission
Confidential Information
Customer
Effective Date
FMCSA
Freight Broker Services
Intellectual Property
Load
Operating Territory
Performance Standards
Rate Confirmation
Shipping Documentation
Surety Bond
Term
Territory
Transportation Services
MC Number
Bill of Lading
Proof of Delivery
Operating Authority
Broker-Carrier Agreement
Force Majeure
Gross Revenue
Net Revenue
Payment Terms
Service Level Requirements
Compensation and Commission
Independent Contractor Status
Compliance Requirements
Licensing and Permits
Insurance Requirements
Confidentiality
Non-Solicitation
Non-Compete
Term and Termination
Representations and Warranties
Indemnification
Force Majeure
Record Keeping
Operating Procedures
Territory Rights
Performance Standards
Payment Terms
Dispute Resolution
Governing Law
Assignment
Intellectual Property
Data Protection
Audit Rights
Liability Limitations
Bond Requirements
Customer Service Standards
Training Requirements
Termination Assistance
Survival
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