Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Commission Agreement Between Brokers
"I need a Commission Agreement Between Brokers under Nigerian law for a stock brokerage firm collaborating with a commodities broker, with a 60-40 commission split and strict compliance requirements for cross-border transactions."
1. Parties: Identification of the brokers entering into the agreement, including their registration details and SEC license numbers
2. Background: Context of the agreement and brief description of the brokers' businesses and intent to collaborate
3. Definitions: Key terms used throughout the agreement, including specific industry terminology
4. Scope of Agreement: Details of the business relationship and types of transactions covered
5. Commission Structure: Specification of commission rates, calculation methods, and payment terms
6. Payment Terms: Timeline and method of commission payments, including currency and payment procedures
7. Obligations of the Parties: Specific duties and responsibilities of each broker
8. Compliance Requirements: Obligations to comply with Nigerian securities laws, SEC regulations, and AML requirements
9. Confidentiality: Protection of confidential information shared between the parties
10. Term and Termination: Duration of the agreement and conditions for termination
11. Dispute Resolution: Process for resolving disagreements, including jurisdiction and applicable law
12. General Provisions: Standard clauses including notices, amendments, and entire agreement provisions
1. Exclusivity: Terms regarding exclusive arrangements between the brokers, used when parties agree to work exclusively in certain areas or transactions
2. Cross-Border Transactions: Additional provisions for international transactions, needed when deals involve foreign parties or markets
3. Training and Support: Details of any training or operational support provided between brokers, included when knowledge sharing is part of the arrangement
4. Marketing and Branding: Guidelines for using each other's brands and marketing materials, included when joint marketing is contemplated
5. Insurance Requirements: Specific insurance coverage requirements, included for high-risk or high-value transactions
6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in volatile markets or uncertain conditions
1. Schedule A - Commission Rates: Detailed breakdown of commission rates for different types of transactions
2. Schedule B - Payment Procedures: Step-by-step process for commission calculations and payments
3. Schedule C - Compliance Procedures: Detailed procedures for ensuring regulatory compliance
4. Schedule D - Authorized Representatives: List of authorized personnel who can act on behalf of each broker
5. Appendix 1 - Required Documentation: Templates and forms required for commission claims and transaction processing
6. Appendix 2 - Service Level Standards: Performance metrics and service standards agreed between the parties
Authors
Financial Services
Securities Trading
Insurance
Real Estate
Commodities Trading
Investment Banking
Foreign Exchange
Capital Markets
Asset Management
Legal
Compliance
Operations
Finance
Risk Management
Business Development
Trading
Partnerships
Regulatory Affairs
Account Management
Broker
Compliance Officer
Legal Counsel
Chief Executive Officer
Chief Financial Officer
Operations Manager
Business Development Manager
Risk Manager
Managing Director
Partnership Manager
Regulatory Affairs Officer
Commission Manager
Account Manager
Trading Manager
Find the exact document you need
Real Estate Broker Contract With Seller
A Nigerian law-governed agreement between a property owner and real estate broker defining the terms for marketing and selling property, including commission structure and service scope.
Buyer Agency Form
A Nigerian legal agreement establishing representation between a property buyer and real estate agent, outlining services, obligations, and terms under Nigerian law.
International Broker Agreement
A Nigerian law-governed agreement establishing terms and conditions between a principal and an international broker, including regulatory compliance and operational requirements.
Business Broker Contract
A Nigerian law-governed agreement establishing terms between a business broker and client for business sale/acquisition services, including commission structures and confidentiality terms.
Sub Broker Agreement
A Nigerian law-governed agreement establishing the relationship between a licensed securities broker and sub-broker, ensuring regulatory compliance and defining operational terms.
Real Estate Agent Referral Form
A Nigerian-compliant legal form establishing referral terms between real estate agents, including compensation and responsibilities.
Exclusive Brokerage Contract
A Nigerian law-governed agreement establishing an exclusive relationship between a property owner and broker for real estate transactions.
Buyer Representation Agreement Form
A Nigerian law-governed agreement establishing the terms and conditions for real estate agent representation of a buyer in property transactions.
Buyer Listing Agreement
A Nigerian law-governed agreement establishing the terms of representation between a property buyer and real estate agent, outlining services, obligations, and compensation.
Buyer Broker Contract
A Nigerian law-governed agreement between a real estate broker and property buyer establishing terms for professional property acquisition services.
Buyer Agency Agreement Form
A Nigerian law-governed agreement establishing the terms and conditions between a property buyer and their appointed real estate agent for property acquisition services.
Business Broker NDA
A Nigerian-law governed NDA protecting confidential information shared between business owners and their brokers during business sale processes.
Split Commission Agreement
A Nigerian law-governed agreement establishing terms and conditions for sharing commission income between multiple parties.
Seller Listing Agreement
A Nigerian law-governed agreement between a property owner and real estate agent establishing terms for property listing and sale.
Real Estate Agent Independent Contractor Agreement
A Nigerian law-governed agreement establishing an independent contractor relationship between a real estate brokerage and agent, defining service terms and compliance requirements.
Non Exclusive Buyer Representation Agreement
A Nigerian law-governed agreement establishing non-exclusive representation terms between a property buyer and real estate agent, allowing the buyer to engage multiple agents.
Broker Contract Agreement
A Nigerian law-governed agreement establishing the terms and conditions between a broker and client, defining service scope, compensation, and regulatory compliance requirements.
Agreement Between Landlord And Real Estate Agent
A Nigerian law-governed agreement establishing the terms and conditions between a landlord and real estate agent for property marketing and management services.
Loan Broker Commission Agreement
A Nigerian law-governed agreement establishing terms and commission structures between a lender and loan broker for borrower referral services.
Equipment Broker Agreement
A Nigerian law-governed agreement establishing terms between equipment owners and brokers for equipment sales/lease brokerage services.
Commission Agreement Between Brokers
A Nigerian law-governed agreement establishing commission-sharing terms and regulatory compliance requirements between licensed brokers.
Broker To Broker Commission Agreement
A Nigerian law-governed agreement establishing commission sharing arrangements between licensed brokers, including regulatory compliance requirements.
Broker To Broker Agreement
A Nigerian law-governed agreement establishing terms of collaboration between two licensed broker firms, including regulatory compliance, operational procedures, and commission arrangements.
Broker Seller Agreement
A Nigerian law-governed agreement establishing terms and conditions between a broker and seller for the facilitation of sales transactions.
Broker Referral Agreement
A Nigerian law-governed agreement establishing terms for client referrals between a licensed broker and referral partner, including compensation and compliance requirements.
Broker Lease Agreement
A legally binding agreement under Nigerian law between a property owner and real estate broker for property leasing services.
Co Listing Agent Agreement
A Nigerian law-governed agreement between two real estate agents to jointly list and market a property, defining their collaboration terms and commission arrangements.
Real Estate Broker Contract
A Nigerian law-governed agreement between a property owner and real estate broker establishing terms for property sale/lease facilitation and marketing services.
Download our whitepaper on the future of AI in Legal
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.
Read our Privacy Policy.