Commission Only Agreement

Commission Only Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

"I need a Commission Only Agreement for hiring a real estate sales representative in Dubai, with a 5% commission structure on property sales and a minimum performance requirement of 4 successful transactions per quarter, starting March 2025."

Document background

The Commission Only Agreement is essential for businesses operating in the UAE that engage representatives or agents compensated purely through commission-based structures. This document type is particularly relevant in sectors such as real estate, financial services, and sales-driven industries where performance-based compensation is common practice. The agreement must carefully navigate UAE labor laws, particularly Federal Decree Law No. 33 of 2021, while establishing clear commission structures and performance expectations. It includes detailed provisions for commission calculations, payment terms, performance metrics, and territorial rights, ensuring compliance with UAE commercial regulations and anti-money laundering requirements. The document is structured to protect both the principal company's interests and provide clear terms for the commission-based representative, making it suitable for both domestic UAE operations and international business arrangements subject to UAE law.

Suggested Sections

1. Parties: Identification of the principal company and the commission agent/representative

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Key terms used throughout the agreement including commission, territory, products/services

4. Appointment and Scope: Terms of appointment, territory coverage, and products/services covered

5. Commission Structure: Detailed explanation of commission rates, calculation methods, and qualifying transactions

6. Payment Terms: Timeline and method of commission payments, currency, and payment conditions

7. Performance Obligations: Specific duties, targets, and responsibilities of the commission agent

8. Term and Termination: Duration of agreement and circumstances for termination

9. Confidentiality: Protection of confidential information and trade secrets

10. Non-Competition: Restrictions on competing activities during and after the agreement

11. Governing Law and Jurisdiction: Specification of UAE law application and dispute resolution mechanisms

Optional Sections

1. Exclusivity: Used when the agent is granted exclusive rights in specific territories or for specific products

2. Training and Support: Include when the principal provides specific training or support services

3. Intellectual Property: Required when the agent needs to use the principal's trademarks or other IP

4. Insurance Requirements: Include when specific insurance coverage is required for the agent

5. Compliance with Laws: Detailed section on regulatory compliance when dealing with regulated industries

6. Marketing and Promotion: Include when the agent has specific marketing responsibilities

7. Data Protection: Required when the agent will handle customer or personal data

8. Force Majeure: Include for protection against unforeseen circumstances affecting performance

Suggested Schedules

1. Commission Rates Schedule: Detailed breakdown of commission rates for different products/services

2. Performance Targets: Specific sales targets or KPIs that the agent must achieve

3. Territory Definition: Detailed description of geographical areas or market segments covered

4. Product/Service List: Comprehensive list of products or services covered by the agreement

5. Reporting Templates: Standard forms for sales reporting and commission calculations

6. Compliance Procedures: Detailed procedures for regulatory compliance and documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Insurance

Financial Services

Retail

Technology

Manufacturing

Automotive

Construction

Professional Services

Healthcare

Telecommunications

Export/Import

Hospitality

Consumer Goods

Relevant Teams

Legal

Human Resources

Sales

Business Development

Finance

Compliance

Commercial Operations

Partner Management

Risk Management

Compensation & Benefits

Relevant Roles

Sales Director

Business Development Manager

Commercial Director

Sales Representative

Real Estate Agent

Insurance Broker

Commission Agent

Channel Partner Manager

Legal Counsel

HR Director

Finance Manager

Compliance Officer

Regional Sales Manager

Chief Commercial Officer

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