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Sales Broker Agreement

Sales Broker Agreement Generator for United Arab Emirates

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Key Requirements PROMPT example:

Sales Broker Agreement

"I need a Sales Broker Agreement for my Dubai-based luxury automotive company, appointing an exclusive broker to represent us across the GCC region, with a complex commission structure based on vehicle categories and a minimum quarterly sales target."

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Document background
The Sales Broker Agreement is a crucial document for businesses operating in the United Arab Emirates who wish to engage third-party sales representatives or brokers to market and sell their products or services. This agreement type is particularly important in the UAE market, where commercial agency relationships are strictly regulated under Federal Law No. 18 of 1981 and related legislation. The document establishes clear parameters for the broker's authority, compensation structure, and obligations while ensuring compliance with UAE commercial law requirements. It is commonly used when companies seek to expand their market presence through professional intermediaries, providing a legal framework that protects both the principal's business interests and the broker's rights to commission and territory.
Suggested Sections

1. Parties: Identification of the Principal and the Broker, including full legal names, addresses, and registration details as required by UAE law

2. Background: Context of the agreement, nature of the Principal's business, and purpose of engaging the Broker

3. Definitions: Key terms used throughout the agreement, including specific UAE commercial terms and relevant industry terminology

4. Appointment and Scope: Terms of Broker's appointment, whether exclusive or non-exclusive, and detailed scope of services

5. Territory: Specific geographical areas or markets where Broker is authorized to operate

6. Broker's Obligations: Detailed responsibilities including sales targets, reporting requirements, and compliance with UAE laws

7. Principal's Obligations: Support, information, and resources to be provided by the Principal

8. Commission Structure: Detailed breakdown of commission rates, calculation methods, and payment terms

9. Term and Termination: Duration of agreement and circumstances under which either party may terminate

10. Confidentiality: Protection of confidential information and trade secrets

11. Non-Competition: Restrictions on Broker's activities with competing businesses

12. Compliance with Laws: Specific provisions ensuring compliance with UAE laws and regulations

13. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for dispute resolution

Optional Sections

1. Performance Targets: Specific sales targets and performance metrics, recommended for larger commercial relationships

2. Training and Support: Details of training and support provided by Principal, relevant for complex products or services

3. Marketing and Promotion: Obligations regarding marketing activities and cost allocation, important for broader agency relationships

4. Insurance Requirements: Specific insurance coverage requirements, recommended for high-value transactions

5. Data Protection: Provisions for handling personal and business data, important if dealing with personal information

6. Force Majeure: Provisions for unforeseen circumstances, recommended for longer-term agreements

7. Assignment and Subcontracting: Rights to assign or subcontract obligations, important for larger brokers

8. Shariah Compliance: Specific provisions ensuring compliance with Islamic law, necessary if parties require Shariah compliance

Suggested Schedules

1. Commission Schedule: Detailed breakdown of commission rates and calculation methods for different products or services

2. Territory Map: Detailed map or description of the authorized territory

3. Product List: List of products or services covered by the agreement

4. Performance Metrics: Detailed KPIs and performance measurement criteria

5. Required Licenses: List of required licenses and registrations under UAE law

6. Reporting Templates: Standard forms for regular reporting requirements

7. Contact Details: Key contact persons and escalation matrix for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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

Financial Services

International Trade

Retail

Manufacturing

Consumer Goods

Technology

Industrial Equipment

Automotive

Healthcare

Construction

Energy

Hospitality

Professional Services

Logistics

Relevant Teams

Legal

Sales

Business Development

Commercial Operations

Compliance

Contract Administration

Partner Relations

Executive Leadership

Finance

Risk Management

Relevant Roles

Sales Director

Commercial Director

Business Development Manager

Legal Counsel

Contracts Manager

Chief Commercial Officer

Sales Operations Manager

Channel Manager

Partner Relations Manager

Regional Sales Manager

Compliance Officer

Chief Executive Officer

Managing Director

Commercial Agency Manager

Business Owner

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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