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Sub Agent Contract
"I need a Sub Agent Contract for my Auckland-based real estate agency to appoint three sub-agents for the North Shore region, with exclusive territory rights and a graduated commission structure starting from March 2025."
1. Parties: Identification of the Principal Agent and the Sub-Agent, including full legal names, addresses, and company details if applicable
2. Background: Context of the agreement, including the Principal Agent's authority to appoint sub-agents and the purpose of the appointment
3. Definitions: Key terms used throughout the agreement, including Territory, Services, Commission, Principal's Business, etc.
4. Appointment and Scope: Terms of appointment, territory/market coverage, and scope of authority granted to the sub-agent
5. Term and Renewal: Duration of the agreement, commencement date, and any renewal provisions
6. Sub-Agent's Obligations: Detailed responsibilities, performance standards, reporting requirements, and compliance obligations
7. Principal Agent's Obligations: Support, materials, and information to be provided to the sub-agent
8. Commission and Payment Terms: Commission structure, calculation method, payment timing, and related financial terms
9. Intellectual Property: Usage rights and restrictions regarding trademarks, logos, and other IP
10. Confidentiality: Protection of confidential information and trade secrets
11. Non-Competition and Non-Solicitation: Restrictions during and after the agreement term
12. Termination: Grounds for termination, notice requirements, and consequences of termination
13. General Provisions: Standard clauses including governing law, notices, assignment, and entire agreement
1. Training and Support: Detailed provisions about training requirements and ongoing support - include when specific training or certification is required
2. Performance Targets: Specific sales or performance targets - include when the agreement is performance-based
3. Marketing and Promotion: Marketing obligations and restrictions - include when the sub-agent has marketing responsibilities
4. Insurance Requirements: Specific insurance coverage requirements - include for high-risk activities or regulated industries
5. Data Protection: Detailed data handling and privacy requirements - include when dealing with personal data
6. Dispute Resolution: Specific dispute resolution procedures - include for high-value or international agreements
7. Force Majeure: Provisions for unforeseen circumstances - include when business continuity is critical
8. Compliance with Industry Regulations: Industry-specific compliance requirements - include for regulated industries like real estate or financial services
1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates, calculations, and examples
2. Schedule 2 - Territory Definition: Detailed description or map of the assigned territory
3. Schedule 3 - Services Description: Comprehensive list of services to be provided by the sub-agent
4. Schedule 4 - Reporting Requirements: Templates and timing for required reports
5. Schedule 5 - Key Performance Indicators: Specific metrics and targets for performance evaluation
6. Appendix A - Required Forms: Standard forms and documents to be used by the sub-agent
7. Appendix B - Compliance Procedures: Step-by-step procedures for regulatory compliance
8. Appendix C - Brand Guidelines: Guidelines for use of principal's branding and marketing materials
Authors
Real Estate
Insurance
Financial Services
Travel and Tourism
Import/Export
Retail Distribution
Manufacturing
Technology and Software
Professional Services
Telecommunications
Legal
Sales
Business Development
Operations
Compliance
Commercial
Distribution
Agency Relations
Account Management
Contract Administration
Sales Director
Business Development Manager
Regional Manager
Agency Manager
Compliance Officer
Legal Counsel
Operations Manager
Channel Manager
Territory Manager
Distribution Manager
Commercial Director
Contracts Administrator
Agency Relations Manager
Sales Representative
Account Manager
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