Memorandum Of Agreement Between Agents Template for South Africa

1. Intellectual Property: Provisions for handling shared or individual intellectual property rights, necessary when agents share or create IP

2. Insurance Requirements: Specific insurance obligations, relevant when agents need professional indemnity or other coverage

3. Data Protection: POPIA compliance measures, required when personal information is processed

4. Marketing and Branding: Guidelines for marketing activities and brand usage, relevant for public-facing agency relationships

5. Training and Support: Provisions for ongoing training and support, important for complex agency relationships

6. Non-Compete Clause: Restrictions on competition, included when protecting market share is crucial

7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term agreements

1. Schedule A - Commission Structure: Detailed breakdown of commission calculations and payment terms

2. Schedule B - Territory Map: Geographical boundaries of the agency territory

3. Schedule C - Required Qualifications: List of required professional qualifications and certifications

4. Schedule D - Approved Marketing Materials: Templates and guidelines for marketing communications

5. Schedule E - Standard Operating Procedures: Detailed procedures for common agency operations

6. Appendix 1 - Contact Details: Complete contact information for all relevant parties and representatives

7. Appendix 2 - Compliance Checklist: Regulatory compliance requirements and verification checklist