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Sub Agency Agreement
1. Parties: Identification of the principal agent and sub-agent, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, including reference to the main agency agreement and basis for sub-agency appointment
3. Definitions: Definitions of key terms used throughout the agreement, including Territory, Products, Principal, Main Agency Agreement, etc.
4. Appointment and Scope: Terms of sub-agent appointment, scope of authority, and territorial restrictions
5. Duration and Termination: Term of the agreement, renewal provisions, and grounds for termination
6. Sub-Agent's Rights and Obligations: Detailed responsibilities, reporting requirements, and performance standards
7. Principal Agent's Rights and Obligations: Support to be provided, information sharing, and oversight responsibilities
8. Commission and Payment Terms: Commission structure, calculation method, payment terms, and any minimum performance requirements
9. Intellectual Property Rights: Usage rights for trademarks, logos, and other IP during the sub-agency
10. Confidentiality: Protection of confidential information and trade secrets
11. Non-Competition and Non-Solicitation: Restrictions during and after the agreement term
12. Indemnification and Liability: Mutual indemnification provisions and limitation of liability
13. General Provisions: Standard clauses including notices, amendments, assignment, severability, and entire agreement
14. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
1. Data Protection: Detailed GDPR compliance provisions, required if personal data processing is involved
2. Insurance: Insurance requirements for sub-agent, if specific coverage is needed
3. Training and Support: Detailed provisions about training and support if complex products/services are involved
4. Marketing and Promotion: Specific requirements for marketing activities, if sub-agent has significant marketing responsibilities
5. Compliance with Laws: Detailed compliance requirements if operating in regulated industries
6. Sub-sub-agents: Provisions regarding whether and how the sub-agent may appoint further sub-agents
7. Force Majeure: Detailed force majeure provisions if needed for specific business contexts
8. Bank Guarantee: Requirements for bank guarantees or other financial security if required
1. Schedule 1 - Territory: Detailed description of geographical territory and any exclusions
2. Schedule 2 - Products/Services: Comprehensive list of products/services covered by the sub-agency
3. Schedule 3 - Commission Structure: Detailed commission calculations, rates, and examples
4. Schedule 4 - Performance Targets: Specific KPIs and minimum performance requirements
5. Schedule 5 - Reporting Requirements: Templates and timing for required reports
6. Schedule 6 - Operating Procedures: Detailed procedures for order processing, customer service, etc.
7. Appendix A - Main Agency Agreement Extract: Relevant excerpts from the main agency agreement
8. Appendix B - Approved Marketing Materials: Templates and guidelines for marketing materials
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