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Intermediary Commission Agreement
"I need an Intermediary Commission Agreement for my Dubai-based real estate company, appointing a sales agent with a tiered commission structure starting from March 2025, including quarterly performance targets and compliance with UAE real estate regulations."
1. Parties: Identification of the principal and intermediary, including full legal names, addresses, and registration details
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement, including specific commercial and legal terminology
4. Appointment and Scope: Terms of intermediary appointment and detailed scope of services to be provided
5. Territory and Exclusivity: Geographic area of operation and any exclusivity arrangements
6. Commission Structure: Detailed breakdown of commission rates, calculation methods, and payment terms
7. Payment Terms: Payment schedule, currency, method of payment, and handling of expenses
8. Obligations of the Intermediary: Detailed responsibilities, performance standards, and compliance requirements
9. Obligations of the Principal: Principal's duties, support to be provided, and information sharing requirements
10. Compliance with Laws: Obligations to comply with UAE laws, particularly commercial agency and tax regulations
11. Term and Termination: Duration of agreement, renewal terms, and termination provisions
12. Confidentiality: Protection of confidential information and trade secrets
13. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
14. General Provisions: Standard clauses including force majeure, notices, and amendments
1. Non-Competition: Restrictions on intermediary's activities with competitors, used when exclusivity is important
2. Intellectual Property: IP rights and usage terms, included when intermediary will handle branded materials or create new IP
3. Performance Targets: Specific KPIs and performance metrics, used when commission is tied to performance
4. Training and Support: Details of training provided by principal, included for complex products/services
5. Insurance: Insurance requirements, included when intermediary handles valuable goods or high-risk services
6. Data Protection: Specific data handling requirements, needed when personal data processing is involved
7. Marketing and Promotion: Guidelines for marketing activities, included when intermediary conducts promotional activities
8. Sub-contractors: Terms for engaging sub-contractors, used when sub-contracting is permitted
1. Schedule 1 - Commission Rates: Detailed commission structure, rates for different products/services
2. Schedule 2 - Territory Description: Detailed description of geographic territory and any excluded areas
3. Schedule 3 - Products/Services: Complete list of products/services covered by the agreement
4. Schedule 4 - Reporting Templates: Standard formats for activity reports and commission calculations
5. Schedule 5 - Performance Metrics: Detailed KPIs and measurement criteria
6. Appendix A - Contact Details: Key contact information for both parties
7. Appendix B - Compliance Requirements: Specific regulatory and compliance requirements under UAE law
Authors
Retail
Real Estate
Financial Services
Manufacturing
Technology
Consumer Goods
Professional Services
Healthcare
Construction
Automotive
Telecommunications
Import/Export
Energy
Hospitality
Legal
Sales
Business Development
Operations
Finance
Compliance
Commercial Operations
Partner Relations
Contract Administration
Regional Operations
Chief Executive Officer
Commercial Director
Sales Director
Business Development Manager
Legal Counsel
Contracts Manager
Sales Manager
Channel Manager
Partnership Manager
Operations Director
Compliance Officer
Finance Director
Regional Manager
Territory Manager
Agency Relations Manager
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