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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."
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
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
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
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