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The Agent Commission Agreement serves as a crucial legal instrument in Pakistani commercial relationships, establishing the terms under which an agent can represent and act on behalf of a principal in return for commission-based compensation. This document is essential when businesses wish to expand their market presence through third-party representatives, particularly in scenarios involving sales, distribution, or service provision. The agreement, governed by Pakistani law including the Contract Act 1872, comprehensively addresses commission structures, territorial rights, performance metrics, and mutual obligations. It's particularly valuable for businesses seeking to establish clear, enforceable agency relationships while ensuring compliance with local legal requirements and protecting both parties' interests through well-defined terms and conditions.

1. Parties: Identification of the Principal and Agent with full legal names and addresses

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope: Terms of agent's appointment, territory, and products/services covered

5. Duration: Term of the agreement, including commencement date and renewal provisions

6. Agent's Rights and Obligations: Detailed responsibilities and authorized activities of the agent

7. Principal's Rights and Obligations: Principal's commitments and responsibilities towards the agent

8. Commission Structure: Calculation method, rates, and payment terms for commissions

9. Payment Terms: Timing, method, and currency of commission payments

10. Reporting and Records: Requirements for sales reporting, record-keeping, and documentation

11. Confidentiality: Protection of confidential information and trade secrets

12. Non-Competition: Restrictions on competing activities during and after the agreement

13. Termination: Grounds for termination and notice requirements

14. Post-Termination: Rights and obligations after agreement termination

15. Governing Law and Jurisdiction: Specification of Pakistani law and jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability