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Agency Partnership Agreement Template for Singapore

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Key Requirements PROMPT example:

Agency Partnership Agreement

"I need an Agency Partnership Agreement for my Singapore-based software company to appoint a sales agent in Malaysia who will distribute our enterprise software solutions, with a 15% commission structure and an initial term starting March 2025."

Document background
The Agency Partnership Agreement is a crucial document for businesses seeking to expand their market presence through appointed representatives in Singapore. This agreement type is commonly used when a company (principal) wishes to authorize another party (agent) to act on its behalf in specific business activities. The agreement, governed by Singapore law, typically covers essential elements such as scope of authority, territory rights, commission structures, performance metrics, and compliance requirements. It provides legal protection for both parties while ensuring alignment with Singapore's Partnership Act and related regulations.
Suggested Sections

1. Parties: Identification and details of the Principal and Agent

2. Background: Context and purpose of the agency partnership

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of appointment and scope of agency authority

5. Duration and Territory: Term of agreement and geographical scope

6. Rights and Obligations: Detailed responsibilities of both parties

7. Compensation: Commission structure and payment terms

8. Termination: Conditions and procedures for ending the agreement

Optional Sections

1. Non-Compete: Restrictions on competitive activities during and after the agreement term

2. Intellectual Property: IP ownership, usage rights and protection measures

3. Insurance: Insurance requirements, coverage obligations and liability provisions

4. Data Protection: PDPA compliance obligations and data handling procedures

Suggested Schedules

1. Schedule 1 - Commission Structure: Detailed breakdown of commission calculations and payment terms

2. Schedule 2 - Territory Map: Geographical area of agency operations

3. Schedule 3 - Product List: Products or services covered by the agency

4. Schedule 4 - Performance Metrics: KPIs and performance evaluation criteria

5. Schedule 5 - Standard Operating Procedures: Detailed operational procedures and requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses






























Industries

Partnership Act (Chapter 391): Primary legislation governing formation and operation of partnerships in Singapore, defining rights and obligations of partners, and regulating partnership dissolution

Agency Law: Common law principles governing agency relationships, including authority and powers of agents, and principal-agent relationships and obligations

Contract Act (Chapter 53): Fundamental legislation covering contract formation, terms and conditions, breach and remedies in Singapore

Competition Act (Chapter 50B): Legislation governing anti-competitive practices and market restrictions in Singapore

Personal Data Protection Act 2012: Legislation governing handling of personal data and data protection obligations in Singapore

Registration of Businesses Act: Legislation covering business registration requirements and compliance obligations in Singapore

Companies Act (Chapter 50): Relevant when any party to the agreement is a company, governing corporate regulations in Singapore

Goods and Services Tax Act: Legislation governing tax implications of the partnership arrangement in Singapore

Industry-specific Regulations: Specific regulations that may apply depending on the nature of the business being conducted

Employment Act: Relevant when the partnership involves employees, covering employment rights and obligations

Intellectual Property Laws: Various IP-related legislation protecting trademarks, patents, and other intellectual property rights

International Trade Laws: Applicable when the partnership involves cross-border trade activities

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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