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Sales Broker Agreement
"I need a Sales Broker Agreement for my Singapore-based software company to engage independent sales representatives across Southeast Asia, with a 15% commission structure and strict data protection clauses to be effective from March 2025."
Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Parties: Identification of the principal and broker, including full legal names and addresses
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of broker appointment and detailed scope of services
5. Commission Structure: Detailed breakdown of commission calculations and payment terms
6. Duties and Obligations: Specific responsibilities of both broker and principal
7. Term and Termination: Duration of agreement and termination provisions
8. Confidentiality: Protection of confidential information
9. Governing Law: Specification of Singapore law as governing law
1. Non-Compete: Restrictions on competitive activities - used when protecting market position is crucial
2. Insurance Requirements: Required insurance coverage - used when broker activities involve significant risk
3. Training and Support: Principal's obligations for broker training - used when specialized product knowledge is required
4. Marketing Guidelines: Rules for marketing and brand usage - used when broker will represent principal's brand
5. Data Protection: PDPA compliance requirements - used when personal data processing is involved
1. Commission Schedule: Detailed commission rates and calculation methods
2. Territory Schedule: Defined geographical areas of operation
3. Product Schedule: List of products/services covered by the agreement
4. KPI Schedule: Performance metrics and targets
5. Compliance Manual: Regulatory compliance procedures and requirements
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