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International Broker Agreement
"I need an International Broker Agreement for appointing an exclusive broker to represent our pharmaceutical company in Southeast Asian markets, with specific focus on regulatory compliance and a performance-based commission structure starting March 2025."
1. Parties: Identification of the principal and the broker, including full legal names, registration details, and addresses
2. Background: Context of the agreement, brief description of the parties' businesses, and purpose of the brokerage relationship
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Appointment and Scope: Terms of broker's appointment, exclusivity/non-exclusivity, and detailed scope of services
5. Territory: Geographic areas where the broker is authorized to operate
6. Broker's Obligations: Detailed responsibilities, performance standards, and compliance requirements
7. Principal's Obligations: Support, information, and resources to be provided by the principal
8. Commission Structure: Detailed compensation terms, calculation methods, and payment schedules
9. Term and Termination: Duration of agreement, renewal terms, and termination conditions
10. Confidentiality: Protection of confidential information and trade secrets
11. Compliance with Laws: Obligations to comply with relevant laws, including anti-corruption and trade regulations
12. Indemnification: Mutual indemnification obligations and liability limitations
13. Dispute Resolution: Process for resolving disputes, including jurisdiction and governing law
14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Non-Competition: Restrictions on broker's ability to represent competing principals, used when exclusivity is important
2. Intellectual Property: IP rights and usage terms, included when broker will be using principal's trademarks or materials
3. Insurance: Insurance requirements for broker, included when specific coverage is needed
4. Performance Targets: Specific sales or performance goals, included when compensation is tied to targets
5. Training and Support: Details of training provided by principal, included when complex products/services are involved
6. Sub-brokers: Terms for appointing sub-brokers, included when sub-broker arrangements are permitted
7. Data Protection: Specific data handling requirements, included when personal data processing is involved
8. Force Majeure: Terms for handling unforeseen circumstances, particularly relevant for international agreements
1. Schedule 1 - Products/Services: Detailed list of products or services covered by the brokerage agreement
2. Schedule 2 - Commission Rates: Detailed commission structures, rates, and calculation methods
3. Schedule 3 - Territory Details: Specific definition of territories, including any excluded areas
4. Schedule 4 - Reporting Requirements: Templates and requirements for periodic reports
5. Schedule 5 - Performance Metrics: Detailed KPIs and measurement criteria
6. Appendix A - Required Documentation: List of required licenses, permits, and compliance documents
7. Appendix B - Operating Procedures: Detailed procedures for order processing, customer handling, etc.
8. Appendix C - Brand Guidelines: Guidelines for using principal's branding and marketing materials
Authors
Manufacturing
International Trade
Financial Services
Real Estate
Technology
Pharmaceuticals
Industrial Equipment
Consumer Goods
Agriculture
Textiles
Energy
Construction Materials
Automotive
Chemical Industry
Legal
Compliance
Sales
International Business Development
Commercial Operations
Risk Management
Corporate Affairs
Business Development
Contract Administration
Regulatory Affairs
Chief Executive Officer
Commercial Director
International Sales Manager
Legal Counsel
Compliance Officer
Business Development Manager
Contract Manager
Sales Director
Chief Operating Officer
Regional Manager
International Business Development Director
Risk Manager
Corporate Counsel
Head of Sales
Chief Commercial Officer
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