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Sub Agent Contract
"I need a Sub Agent Contract for appointing a Swiss-based sub-agent to distribute luxury watches in the DACH region, with exclusive territory rights and a 5% commission structure, to commence from January 2025."
1. Parties: Identification of the Principal Agent (appointing party) and the Sub-Agent
2. Background: Context of the appointment, including reference to the main agency agreement and reason for sub-agent appointment
3. Definitions: Key terms used throughout the agreement, including specific industry terminology
4. Appointment and Scope: Formal appointment of sub-agent and detailed scope of authority
5. Duration and Termination: Term of the agreement and circumstances for termination
6. Sub-Agent's Duties and Obligations: Detailed responsibilities, reporting requirements, and standard of service
7. Principal Agent's Duties and Obligations: Support, information, and resources to be provided to the sub-agent
8. Compensation and Payment Terms: Commission structure, payment schedule, and expense policies
9. Confidentiality: Protection of confidential information and trade secrets
10. Non-Competition and Non-Solicitation: Restrictions on competitive activities during and after the agreement
11. Liability and Indemnification: Allocation of risks and responsibilities between parties
12. General Provisions: Standard clauses including notices, amendments, governing law, and jurisdiction
1. Intellectual Property Rights: Required when the sub-agent will be handling or creating intellectual property
2. Data Protection: Necessary when personal data processing is involved, ensuring compliance with Swiss DPA
3. Insurance Requirements: Included when specific insurance coverage is required from the sub-agent
4. International Operations: Required for cross-border activities, addressing multiple jurisdictions
5. Training and Support: Included when specific training or ongoing support will be provided
6. Performance Metrics: When specific performance standards and evaluation criteria are necessary
7. Marketing and Branding: Required when sub-agent will be representing the brand or using marketing materials
1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates and calculation methods
2. Schedule 2 - Territory Definition: Specific geographical areas or market segments covered by the sub-agent
3. Schedule 3 - Reporting Requirements: Templates and timing for required reports and communications
4. Schedule 4 - Approved Products/Services: List of products or services the sub-agent is authorized to represent
5. Schedule 5 - Operating Procedures: Detailed procedures and protocols for day-to-day operations
6. Appendix A - Main Agency Agreement Extract: Relevant portions of the main agency agreement affecting the sub-agent
7. Appendix B - Compliance Requirements: Specific regulatory or industry compliance requirements
Authors
Insurance
Real Estate
Financial Services
Manufacturing
Retail Distribution
Pharmaceuticals
Technology
Import/Export
Luxury Goods
Professional Services
Telecommunications
Travel and Tourism
Legal
Sales
Business Development
Commercial Operations
Compliance
Contract Administration
Distribution
Channel Management
International Operations
Partner Relations
Business Development Manager
Sales Director
Legal Counsel
Commercial Director
Distribution Manager
Regional Manager
Agency Manager
Compliance Officer
Contract Administrator
Operations Manager
Channel Partner Manager
Territory Manager
Chief Commercial Officer
Sales Operations Manager
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