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Middleman Commission Agreement
"I need a Middleman Commission Agreement for appointing an exclusive sales agent in Germany to sell our Swiss luxury watches, with a 15% commission structure and quarterly performance targets, starting from March 2025."
1. Parties: Identification and details of the Principal and the Middleman, including full legal names, addresses, and registration details if applicable
2. Background: Context of the agreement, brief description of the Principal's business and the purpose of engaging the Middleman
3. Definitions: Definitions of key terms used throughout the agreement, including 'Services', 'Commission', 'Target Customers', etc.
4. Appointment and Scope: Formal appointment of the Middleman and detailed description of the services to be provided
5. Territory and Exclusivity: Geographic area where the Middleman is authorized to operate and whether the appointment is exclusive or non-exclusive
6. Commission Structure: Detailed explanation of commission rates, calculation methods, and payment terms
7. Payment Terms: Timing of commission payments, invoice requirements, and payment methods
8. Obligations of the Middleman: Specific duties, responsibilities, and performance standards expected from the Middleman
9. Obligations of the Principal: Principal's commitments, including provision of information, support, and materials
10. Intellectual Property: Rights and restrictions regarding the use of trademarks, logos, and other IP
11. Confidentiality: Obligations regarding confidential information and trade secrets
12. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
13. Post-Termination: Rights and obligations that survive termination, including commission on pending deals
14. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments
1. Non-Compete: Restrictions on Middleman's ability to work with competitors - include when protecting market position is crucial
2. Training and Support: Details of training and support provided by Principal - include for complex products/services
3. Performance Targets: Specific sales or performance goals - include when minimum performance levels are required
4. Compliance Requirements: Specific regulatory or industry compliance obligations - include for regulated industries
5. Insurance: Insurance requirements for the Middleman - include when services involve significant risks
6. Data Protection: GDPR and Swiss data protection law compliance - include when personal data is processed
7. Force Majeure: Provisions for unforeseeable circumstances - include for long-term or high-value arrangements
8. Alternative Dispute Resolution: Mediation or arbitration procedures - include for international arrangements
1. Commission Rates Schedule: Detailed breakdown of commission rates for different products/services
2. Territory Description: Detailed description or map of the authorized territory
3. Product/Service List: Complete list of products/services covered by the agreement
4. Reporting Templates: Standard forms for activity reporting and commission calculations
5. Marketing Guidelines: Guidelines for use of Principal's branding and marketing materials
6. Customer Categories: Definition of customer types and any associated commission variations
7. Performance Metrics: Detailed KPIs and measurement criteria if applicable
Authors
Real Estate
Financial Services
Insurance
International Trade
Manufacturing
Luxury Goods
Technology
Commodities Trading
Pharmaceutical
Industrial Equipment
Professional Services
Art and Collectibles
Construction
Automotive
Legal
Sales
Business Development
Commercial Operations
Finance
Compliance
Procurement
Partner Relations
Executive Leadership
Contract Administration
Sales Director
Business Development Manager
Commercial Director
Legal Counsel
Contracts Manager
Chief Commercial Officer
Sales Operations Manager
Channel Manager
Partner Relations Manager
Chief Executive Officer
Procurement Manager
Compliance Officer
Finance Director
Regional Sales Manager
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