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The Buyer Commission Agreement is essential for businesses operating in Switzerland that utilize commission agents for procurement activities. This document type is specifically designed to comply with Swiss legal requirements, particularly the provisions of the Swiss Code of Obligations regarding commission contracts. It is commonly used when a principal wants to engage a professional agent to make purchases on their behalf in exchange for a commission-based fee structure. The agreement covers crucial aspects such as the agent's authority limits, commission calculations, payment terms, reporting requirements, and compliance with Swiss regulatory frameworks. A Buyer Commission Agreement is particularly important in industries where specialized knowledge or market access is required for procurement, and where transparency in commission-based relationships is essential for regulatory compliance.

1. Parties: Identification of the principal (buyer) and the commission agent, including full legal names and addresses

2. Background: Context of the agreement and brief description of the parties' intention to enter into a commission relationship

3. Definitions: Key terms used throughout the agreement, including 'Commission,' 'Services,' 'Target Assets,' etc.

4. Appointment and Scope: Formal appointment of the commission agent and detailed description of the services to be provided

5. Commission Agent's Obligations: Detailed responsibilities of the commission agent, including duty of care, reporting requirements, and compliance with Swiss law

6. Principal's Obligations: Principal's responsibilities, including provision of information and cooperation

7. Commission Structure: Detailed explanation of commission calculations, payment terms, and conditions for earning commission

8. Payment Terms: Timeline and method of commission payments, including invoicing requirements

9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

10. Confidentiality: Obligations regarding confidential information and trade secrets

11. Liability and Indemnification: Scope of liability and indemnification obligations in accordance with Swiss law

12. Governing Law and Jurisdiction: Confirmation of Swiss law as governing law and jurisdiction for disputes