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Commission Agreement Between Two Companies
"I need a Commission Agreement Between Two Companies for my software development firm to act as a reseller of enterprise software products, with a 15% commission rate and exclusive rights in the UK market, starting from March 2025."
1. Parties: Identification of the contracting parties with full legal names and registered addresses
2. Background: Context of the agreement and business relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and scope of services
5. Commission Structure: Details of commission rates, calculation methods, and payment terms
6. Payment Terms: Timeline and method of commission payments
7. Duration and Termination: Contract period and termination provisions
8. Obligations of Parties: Responsibilities and duties of each party
9. Governing Law: Specification of applicable law and jurisdiction
1. Territory Restrictions: Geographic limitations of the agreement - use when services are limited to specific regions
2. Non-Compete Provisions: Restrictions on competitive activities - use when protecting business interests from competition
3. Performance Targets: Specific goals or metrics - use when commission is linked to performance
4. Training and Support: Details of training provided - use when specific training is required
1. Commission Rates Schedule: Detailed breakdown of commission structures and calculations
2. Territory Schedule: Detailed description of geographical territories if applicable
3. Products/Services Schedule: List of products or services covered by the agreement
4. Performance Metrics Schedule: Detailed performance targets and measurement criteria
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