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Exclusive Agency Agreement Form
"Need an Exclusive Agency Agreement Form under Singapore law for appointing a sole distributor for our medical devices in Southeast Asia, with specific performance targets and a 3-year term starting January 2025."
1. Parties: Identification and details of the principal and agent
2. Background: Context and purpose of the agency relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of exclusive appointment and scope of authority
5. Duration: Term of the agreement including commencement date
6. Duties and Responsibilities: Obligations of both agent and principal
7. Compensation: Commission structure and payment terms
8. Termination: Conditions and process for ending the agreement
1. Territory: Geographic scope of agency - used when agency is limited to specific regions
2. Performance Targets: Specific goals or quotas - used when measuring agent's performance
3. Non-Compete: Restrictions on competitive activities - used when protecting business interests
4. Insurance: Required insurance coverage - used when specific risks need coverage
1. Commission Schedule: Detailed breakdown of commission rates and calculations
2. Territory Map: Visual representation of geographic coverage
3. Product List: List of products/services covered by agreement
4. Performance Metrics: Detailed KPIs and measurement criteria
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