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1. Parties: Identification of the agents entering into the agreement, including their license numbers and relevant contact details
2. Background: Context of the agreement, including the basis for collaboration and general intent of the parties
3. Definitions: Key terms used throughout the agreement, including 'Commission', 'Property Transaction', 'Client', etc.
4. Commission Split Structure: Details of how commissions will be divided between the agents, including percentages and calculation methods
5. Payment Terms: Timing and method of commission payments, including invoicing requirements and payment procedures
6. Duties and Responsibilities: Specific obligations of each agent in the collaboration
7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
8. Confidentiality: Obligations regarding confidential information and client details
9. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for dispute resolution
10. General Provisions: Standard contractual provisions including notices, amendments, and entire agreement clauses
1. Non-Compete Clause: Restrictions on working with each other's clients, used when agents want to protect their client base
2. Marketing and Branding: Guidelines for joint marketing efforts and brand usage, relevant when agents plan collaborative marketing
3. Dispute Resolution: Detailed procedure for handling disagreements, recommended for high-value or complex arrangements
4. Insurance Requirements: Specific insurance obligations, important when dealing with high-value properties or specific risks
5. Training and Support: Provisions for mutual training or mentoring, useful in senior-junior agent relationships
6. Referral Process: Detailed procedures for client referrals, important when referral business is a significant component
1. Schedule A - Commission Split Matrix: Detailed breakdown of commission splits for different types of transactions or property values
2. Schedule B - Territory Definition: Geographic areas or property types covered by the agreement
3. Schedule C - Standard Operating Procedures: Detailed procedures for handling transactions and client interactions
4. Appendix 1 - Agent Licenses: Copies of current real estate broker licenses and relevant certifications
5. Appendix 2 - Commission Calculator: Formula and examples for calculating commission splits in various scenarios
6. Appendix 3 - Forms and Templates: Standard forms for commission invoicing and reporting between agents
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