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Freight Agent Contract
"Need a Freight Agent Contract for appointing an exclusive agent to handle our European shipping operations from March 2025, with specific performance targets and quarterly review provisions."
1. Parties: Identification and details of the principal and freight agent
2. Background: Context of the agreement and business relationship
3. Definitions: Key terms used throughout the agreement including relevant legislation references
4. Appointment and Scope: Terms of agent appointment and detailed scope of services
5. Agent's Obligations: Core responsibilities and duties of the freight agent including compliance requirements
6. Principal's Obligations: Responsibilities of the principal including information provision and payment obligations
7. Compensation: Commission structure, payment terms, and expenses
8. Term and Termination: Duration of agreement and termination provisions including notice periods
9. Liability and Indemnification: Scope of liability, limitations, and indemnification obligations
10. Confidentiality: Protection of confidential information and trade secrets
11. General Provisions: Standard boilerplate clauses including governing law and jurisdiction
1. Territory Restrictions: Geographic limitations of agent's authority and service area
2. Performance Targets: Specific KPIs, performance metrics, and reporting requirements
3. Insurance Requirements: Detailed insurance obligations and minimum coverage requirements
4. Data Protection: Specific obligations regarding data handling and GDPR compliance
5. Non-Compete: Restrictions on agent's ability to compete or represent competing principals
1. Commission Schedule: Detailed breakdown of commission calculations, rates, and payment terms
2. Service Level Agreement: Detailed performance standards, metrics, and service requirements
3. Territory Schedule: Detailed description of geographical coverage and any excluded territories
4. Operating Procedures: Standard operating procedures, workflows, and reporting requirements
5. Insurance Requirements: Detailed insurance specifications and certificates
6. Compliance Requirements: Specific regulatory and compliance obligations including customs requirements
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