¶¶Òõ¶ÌÊÓÆµ

Business Development Commission Agreement Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Business Development Commission Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Business Development Commission Agreement

"I need a Business Development Commission Agreement for my Singapore-based tech company, with a 5% commission structure for the first $1M in sales and 7% thereafter, including strict non-compete provisions for the APAC region starting from March 2025."

Document background
The Business Development Commission Agreement serves as a crucial legal framework for companies in Singapore seeking to engage external parties for business development services. This agreement is particularly relevant when organizations wish to expand their market presence through commission-based arrangements. The document addresses key aspects such as commission structures, performance targets, territorial rights, and compliance with Singapore's regulatory requirements. It's designed to protect both parties' interests while ensuring clarity in commercial relationships and alignment with local legal standards.
Suggested Sections

1. Parties: Identification and details of contracting parties

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of appointment and scope of services

5. Commission Structure: Calculation and payment terms of commission

6. Obligations of Parties: Rights and responsibilities of each party

7. Term and Termination: Duration and termination provisions

8. Confidentiality: Protection of confidential information

9. Governing Law: Applicable law and jurisdiction

Optional Sections

1. Non-Compete: Restrictions on competitive activities - used when protecting business interests from competition

2. Intellectual Property: IP rights and ownership - used when IP is created or shared during business development

3. Force Majeure: Provisions for unforeseeable circumstances - used when long-term commitments are involved

4. Insurance: Insurance requirements - used when high-value transactions are involved

Suggested Schedules

1. Commission Rate Schedule: Detailed breakdown of commission rates and calculations

2. Territory Schedule: Definition of geographical areas covered

3. Performance Metrics: Specific targets and KPIs

4. Product/Service Schedule: List of products/services covered by the agreement

5. Payment Terms Schedule: Detailed payment procedures and timelines

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses


































Industries

Contract Law: Chapter 53A of Singapore Statutes - Governs formation and enforcement of contracts, essential for the basic structure and validity of the agreement

Employment Act: Chapter 91 - Important to distinguish business development commissioners from employees and ensure compliance with employment regulations if applicable

Competition Act: Chapter 50B - Ensures commission arrangements don't violate anti-competitive practices, particularly in territorial restrictions and market division

Civil Law Act: Chapter 43 - Provides framework for agency relationships and commercial contracts in Singapore

Companies Act: Chapter 50 - Governs corporate entities' operations and business relationships in Singapore

Business Names Registration Act: 2014 Act - Ensures proper registration and conduct of business activities

Consumer Protection Act: Fair Trading Act - Ensures business development activities comply with consumer protection regulations

Income Tax Act: Governs taxation of commission payments and business income

GST Act: Goods and Services Tax considerations for commission payments and services rendered

PDPA: Personal Data Protection Act 2012 - Regulates collection, use, and disclosure of personal data in business activities

Agency Law: Common law principles governing principal-agent relationships, crucial for commission-based agreements

Industry-Specific Regulations: Specific regulatory requirements that may apply depending on the industry sector (e.g., financial services, healthcare)

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Salesperson Employment Contract

find out more

Employee Commission Agreement

find out more

Commercial Commission Contract

find out more

Commission Agreement For Sale Of Goods

find out more

Artwork Commission Agreement

find out more

Broker Contract Commission

find out more

Property Commission Agreement

find out more

Project Commission Agreement

find out more

Business Development Commission Agreement

find out more

Commission Trust Agreement

find out more

Sponsorship Commission Agreement

find out more

Intermediary Commission Agreement

find out more

Commission Draw Agreement

find out more

Joint Venture Commission Agreement

find out more

Broker Fee Contract

find out more

Commission Guarantee Agreement

find out more

Fundraising Commission Agreement

find out more

Consulting Commission Agreement

find out more

Referral Commission Agreement

find out more

Commission Contract Agreement

find out more

Commission Share Agreement

find out more

Sales Representative Contract

find out more

Commercial Lease Commission Agreement

find out more

Exclusive Agency Agreement Commission

find out more

Middleman Commission Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.