Broker Seller Agreement Template for South Africa

1. Exclusivity: Terms of exclusive rights granted to the broker, used when exclusive arrangement is agreed

2. Performance Targets: Specific sales or performance targets for the broker, included when performance-based arrangements are required

3. Training and Support: Details of training and support provided by seller to broker, included for complex products or services

4. Marketing and Advertising: Terms regarding marketing activities and brand usage, included when broker has marketing responsibilities

5. Sub-brokers: Terms for appointment and management of sub-brokers, included when sub-broking is permitted

6. Insurance Requirements: Specific insurance requirements for broker, included for high-risk products or services

7. Data Protection: Specific provisions for handling personal data, included when significant personal data processing is involved

1. Schedule A - Commission Structure: Detailed breakdown of commission rates, tiers, and special arrangements

2. Schedule B - Products and Services: Comprehensive list of products/services the broker is authorized to sell

3. Schedule C - Territory Map: Detailed map and description of authorized territory

4. Schedule D - Performance Metrics: Detailed performance indicators and measurement criteria

5. Schedule E - Compliance Procedures: Detailed compliance procedures and requirements

6. Appendix 1 - Required Documentation: List of required documentation for transactions and compliance

7. Appendix 2 - Contact Details: Complete contact information for key personnel and offices